As the commotion of the world-famous August auctions, including the showpiece events in Monterey, is now well-and-truly over, we take a look back at the mind-blowing numbers achieved.
2017 auction sales value by auction house
|Auction Start||Auction End||Auction Event||Auction House||Total Value Sales USD|
|18/08/2017||19/08/2017||Monterey 2017||RM Sotheby's||$132,780,950.00|
|18/08/2017||19/08/2017||The Pebble Beach Auctions 2017||Gooding & Company||$91,421,000.00|
|18/08/2017||18/08/2017||Quail Lodge Auction||Bonhams||$57,452,700.00|
|17/08/2017||19/08/2017||Monterey 2017||Mecum Collector Car Auctioneers||$25,826,750.00|
|03/08/2017||05/08/2017||Harrisburg 2017||Mecum Collector Car Auctioneers||$14,273,250.00|
|17/08/2017||19/08/2017||Monterey 2017||Russo and Steele Auctions||$7,140,925.00|
|17/08/2017||17/08/2017||Pacific Grove 2017||Worldwide Auctioneers||$7,094,600.00|
|26/08/2017||26/08/2017||King's Lynn August 2017||Anglia Car Auctions||$1,447,910.00|
|28/08/2017||28/08/2017||Sydney Winter Classic||Shannon's Limited||$1,328,772.00|
|20/08/2017||20/08/2017||The Clem Smith Collection||Mossgreen||$1,013,485.00|
|19/08/2017||19/08/2017||Errol August 2017||Morris Leslie||$576,133.00|
|12/08/2017||12/08/2017||Pickering August 2017||Mathewsons||$439,090.00|
This year RM Sotheby’s topped the Monterey sales with almost $133 million being raised from the sale of 103 collector cars - a 1956 Aston Martin DBR1 that sold for $22 million was perhaps the most anticipated lot. In contrast, during 2016 Gooding & Company was the leading auction house by sales with $130 million sold at auction.
The above table shows all August auctions, 14 in total, 6 of which were tied to Monterey week. The top 4 events, by sales total, were all held at Monterey by RM Sotheby’s, Bonhams, Gooding & Company and Mecum Collector Car Auctioneers. In total all 6 Monterey auctions sold $322 million of collector cars in a week period. To put that into perspective, the total sold at all 14 August auctions this year was $341 million.
2002 - 2017 Classic Car Auction Sales Totals (August)
As we predicted, auction totals for this years August auctions were almost identical to those held during 2016 (although there were 2 more auctions this year). As noted $341 million sold this year compared to $334 million in 2016.
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