Russo and Steele
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Monterey Car Week is an auction venue like no other on the planet. Six major auctions occur during 72 hours, all within a few miles of each other, with a third of a billion dollars in sales. Here are the top 200 cars which caught our eye during the Monterey sales.
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The rash of supercars we have seen since the new millennium began are already beginning to ripen at auction, and no less than 17 modern supercars are expected to sell for more than a million dollars at Monterey Car Week this year.
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Auction prices for the Volkswagen Samba van have skyrocketed this year. In January, a 21-window model sold for $302,500 and in April a 23-window model sold for $291,500. Now several near perfect Sambas are heading for auction at Monterey Car Week, and more records could go.
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More cars went to auction in Scottsdale this year than ever before, with 2,900 cars sold and a sell-through rate of 83.2 percent. What did change though was the average sale price which declined from $115,640 in 2015 to $89,600 this year, indicating that quality cars are a very finite commodity.
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The Scottsdale collector car auctions begin the year with six international auctions within the space of seven days. Here's a look at the viewing times and the poster cars chosen by the auction houses as their banner carriers.
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This week is Monterey Car Week, with the renowned Pebble Beach Concours d'Elegance and the most important collector car auctions in the world. This is our central overview of the the event.
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Only 18 cars have ever sold at auction for more than US$10 million, and 11 of them have sold during August's Monterey Car Week auctions. This year that number will rise dramatically as there are 10 cars going to auction that are estimated to surpass the $10 million barrier.
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With four Amphicars heading to auction this month, the big question is how much they will fetch after one sold for US$123,400 in 2011. This article examines the marketplace for Amphicars and provides full analysis of all previous auction sales.
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In December 2011, this Toyota Tacoma set the World Record for the fastest overland journey to the South Pole, covering 1,114 km (692 miles) in 39 hours and 54 minutes. The vehicle cost US$400,000 and many human lifetimes of experience to build and is to be sold at auction with no reserve.