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HomeMediaBreaking news: Rick Cole Auctions reports $23-million post-Monterey deal for Ferrari 410

Breaking news: Rick Cole Auctions reports $23-million post-Monterey deal for Ferrari 410

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Ferrari 410 Sport sells in post-Monterey transaction for $23 million |Rick Cole Auctions photo
Ferrari 410 Sport sells in post-Monterey transaction for $23 million |Rick Cole Auctions photo

Late Monday evening, Rick Cole Auctions announced four additional vehicle sales in the aftermath of its recent Monterey auction. The sales include a $23 million transaction for the 1955 Ferrari 410 Sport and a $9.725 million deal resulting in the sale of a 1962 Ferrari 250 GT SWB.

Cole’s company also said it has completed two additional sales: $1.5 million for a 1990 Ferrari F40 and $1.4 million for a 1956 Mercedes-Benz 300 SL “gullwing” coupe.

Those four transactions add more than $35.6 million to the $23.3 million in total sales previously reported for Cole’s Monterey auction. That boosts the total for Cole’s return to Monterey to more than $58.9 million and ups the overall 2014 Monterey classic and collector car auctions sales total to nearly $463 million, compared with last year’s  record of $302 million.

In another post-Monterey update, Mecum Auctions has announced that the reserve price has been reduced and bidding continues on the 1954 Ferrari 375 MM Spider featured in its Monterey sale.

The Rick Cole Auctions post-sale transactions not only increase that auction’s sales totals but change the top-10 lists for both Cole’s auction and for the overall Monterey sales:

Rick Cole Auctions Monterey top 10:

1. 1955 Ferrari 410 Sport, $23,000,000
2. 1965 Ferrari 275 GTB Competizione Clienti, $12,000,000
3. 1962 Ferrari 250 GT SWB, $9,725,000
4. 1962 Ferrari 250 PF cabriolet, $2,200,000
5. 1965 Ferrari 275 GTB, $2,200,000
6. 1966 Ferrari 275 GTS, $1,980,000
7. 1990 Ferrari F40, $1,500,000
8. 1956 Mercedes-Benz 300 SL coupe, $1,400,000
9. 1973 Ferrari 365 GTB/4, $1,155,000
10. 1970 Maserati Ghibli Spyder, $715,000

Overall 2014 Monterey top 10:


1. 1962 Ferrari 250 GTO coupe, $38,115,000 (Bonhams)
2. 1964 Ferrari 275 GTB/C Speciale coupe, $26,400,000 (RM)
3. 1955 Ferrari 410 Sport, $23,000,000 (Rick Cole)
4. 1961 Ferrari 250 GT California SWB Spyder, $15,180,000 (Gooding)
5. 1965 Ferrari 275 GTB Competition Clienti, $12,000,000 (Rick Cole)
6. 1964 Ferrari 250 LM coupe, $11,550,000 (RM)
7. 1967 Ferrari 275 GTB/4 coupe, $10,175,000 (RM)
8. 1962 Ferrari 250 GT SWB, $9,725,000 (Rick Cole)
9. 1953 Ferrari 250 MM coupe, $7,260,000 (Bonhams)
10. 1965 Ford GT40 prototype roadster, $6,930,000 (RM)

 

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Larry Edsall
Larry Edsall
A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the web and becoming the author of more than 15 automotive books. In addition to being founding editor at ClassicCars.com, Larry has written for The New York Times and The Detroit News and was an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

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