The sale Thursday of the Pinnacle Portfolio by RM Sotheby’s would set the tone for the entire classic car auction weekend on the Monterey Peninsula, Rick Cole predicted a couple of days earlier. Well, if the father of classic car sales at Monterey was correct, it’s going to be a truly spectacular and record-setting sales weekend.
Usually the biggest numbers of the Monterey auction week come over the weekend. But because of the scope of the Pinnacle Portfolio, a group of valuable cars coming out of a single collection, RM Sotheby’s decided to start things early with a single-evening sale of the special collection.
Would it work? Would buyers respond? Continue reading