Built in 1771 — yes, several years before the United States were united as states, and when the Monterey Peninsula was part of Alta California and thus part of the far-flung Spanish empire — the Mission San Carlos Borromeo del Rio Carmelo is the only California mission to still have its original bell tower. Wednesday, that bell tower towered over the third annual Carmel Mission Classic, a celebration of cars, food, wine and art that is part of Monterey Classic Car Week.
Chris Evans, British disc jockey, television show “presenter,” and recently signed to a three-year contract to be the host of Top Gear, will offer up 13 of his cars, including six vintage Ferraris, at Bonhams’ Goodwood Revival Sale in September.
Several of Evans’ Ferraris have pre-auction estimated values in excess of $1 million, including an alloy-bodied 1966 275 FTB/6C, a 1971 365 GTS/4 Daytona Spider, a 1963 250 GT/Lusso and a 1965 275 GTS Spyder. Continue reading
Back in March, I received an email from Eve Nichol, who moved to Monterey, California, several years ago to take care of her ailing parents. She told me she liked my writing and knew I’d written a book on the Chevrolet Corvette. She said she finally was considering the sale of her late father’s beloved 1961 Corvette and wondered if I might offer her some advice about dealing with auction companies.
We emailed back and forth a couple of times and I said I’d try to find her and to see her car when I was in Monterey this summer for Classic Car Week.
Tuesday afternoon, I met Eve and her partner, James Hood, at the Hyatt Monterey where Mecum will stages its “Daytime Auction” this week and where Lot F162 is the Corvette that Eve’s father bought new, a car that still wears its original paint, that has an interior that shows remarkably little wear for having been used as his daily driver for many years, and that still bears (just below its driver-side headlamps), the Sandia National Laboratory security sticker. Continue reading
Curators at the Gilmore Car Museum in Hickory Corners, Michigan, were working on a Mid-Century Performance exhibit that would go beyond the typical muscle cars and turn the museum’s stunning, auto-show style entry space into a showcase for powerful cars from the 1960s and ’70s.
But the number of cars planned for that exhibit weren’t enough to also fill the hallway that leads from that space to the museum’s other galleries. What to do? Continue reading
European classic and collector car auction house Coys says the
€1,12 million paid last weekend for a 1992 Ferrari F40 at its sale in conjunction with the 43rd annual Oldtimer Grand Prix at Germany’s Nurburgring was an auction-record price for the model. The price is $1.24 million in U.S. dollars. Continue reading
Dean Kruse is on the outside looking in, which provides the long-time king of classic car auctions with a very different perspective as he observes what’s happening in the classic and collector car marketplace.
For nearly four decades, from 1971 and into the Great Recession at the end of the first decade of this century, Kruse Auctions not only staged the most classic car auctions in the most venues — and on multiple continents — but helped spawn the growth of the entire classic car industry.
And then it all fell apart, with Dean Kruse millions of dollars in debt and even stripped of his auctioneer license. Continue reading
Buoyed by their first six-digit attendance figures, organizers of the 25th anniversary Silverstone Classic vintage racing weekend in England already are planning for 2016, when they will celebrate the 50th anniversary of the Can-Am Challenge Series. Continue reading
The annual Red Barns Spectacular is sensory overload when it comes to classic, custom and collector cars. Staged the first Saturday of August and presented by the Kalamazoo Antique Auto Restorers Club, the event features some 1,200 vehicles and special displays spread across the extensive grounds of the Gilmore Car Museum in Hickory Corners, Michigan. Continue reading
Mecum Auctions returned to Harrisburg, Pennsylvania, for its second annual classic and collector car auction last weekend and reported $20,566,598 in sales of classic cars, motorcycles, farm tractors and items of road art.
Hagerty, the classic car insurer and valuation tracker, forecasts $415 million in sales at the various auctions scheduled next week in on the Monterey Peninsula. That figure falls short of the record $428 million in sales posted on the peninsula in auctions last year, but again far exceeds the $306 million in sales in 2013.
And while Hagerty expects total sales to slip, it predicts there will be “a signifiant increase” in the number of million-dollar — and multi-million-dollar — sales. Continue reading