Motorcycle, Tiger top sales as Mecum, Russo and Steele start their Monterey sales

This plate and the car attached to it sold for $38.1 millii |Bonhams photo
This plate and the car attached to it sold Thursday for $38.1 million |Bonhams photo

Bonhams sale of 10 Ferraris from the Maranello Rosso museum collection for $66 million certainly was the big auction news generated Thursday on the Monterey Peninsula, but Mecum Auctions and Russo and Steele also opened the bidding at their respective sales.

Hagerty Insurance staffs each of the Monterey auctions and provides a daily statistical summary to the media. (All sales figures include buyer’s fees.)

Overall sales at the three venues Thursday were $69.7 million and were dominated by the auction-record $38.1 million paid at Bonhams for a 1962 Ferrari 250 GTO coupe. But the GTO wasn’t the only high-dollar Ferrari at Bonhams, where a 1953 250 MM coupe sold for $7.26 million, a 1962 250 GT short-wheelbase Speciale Aerodinamica coupe went for $6.875 million and a 1958 250 S1 cabriolet brought $6.82 million.

All 10 cars offered Thursday at Bonhams were from the an Italian museum. Now that the museum cars have been distributed — several for well less than pre-auction expectations — the rest of the Bonhams sale continues today.

Mecum Auctions and Russo and Steele also opened their Monterey sales Thursday. At Mecum, the top sale was $103,400 paid for a 1955 Vincent Series D Black Shadow motorcycle, which represented that event’s only opening-day $100,000 sale.

Russo and Steele had three six-figure sales Thursday, led by a 1966 Sunbeam Tiger convertible that brought $149,600. A 1959 Mercedes-Benz 190SL roadster sold for $125,400 and a 2008 Bentley GTC convertible went for $106,700.

The RM and Rick Cole sales also start today with Gooding & Company joining the action over the weekend.

As reported by Hagerty:

Overall sales through Thursday from all auction companies
Thursday Total: $69.7M  | 146/301 lots sold: 49%
Average Sale Price: $477,349 | Median Sale Price: $21,600

2013 Cumulative Results Through Thursday
Cumulative Total: $2.8M | 115/264 lots sold: 44%
Average Sale Price: $24,335 | Median Sale Price: $21,935

Bonhams
Thursday total: $66.0M | 10/10 lots sold: 100%
Average Sale Price: $ 6,594,500 | Median Sale Price: $1,760,000

Top 10 Thursday Sales:
1. 1962 Ferrari 250 GTO Coupe sold for $38,115,000
2. 1953 Ferrari 250 MM Coupe sold for $7,260,000
3. 1962 Ferrari 250 GT SWB Speciale Aerodinamica Coupe sold for $6,875,000
4. 1958 Ferrari 250 SI Cabriolet (closed headlight) sold for $6,820,000
5. 1978 Ferrari 312 T3 Formula 1 sold for $2,310,000
6. 1968 Ferrari Dino 166/246 T Formula 2 sold for $1,210,000
7. 1981 Ferrari 512 BB Coupe sold for $990,000
8. 1969 Ferrari 365 GTB/4 Daytona Coupe sold for $935,000
9. 1969 Ferrari 365 GTC Coupe sold for $858,000
10. 1969 Ferrari Dino 206 GT Coupe sold for $572,000

Mecum
Thursday total: $2.6M | 113/239 lots sold: 47%
Average Sale Price: $22,581 | Median Sale Price: $19,440

Top 10 Thursday Sales:
1. 1955 Vincent Series D Black Shadow Motorcycle sold for $103,400
2. 1923 Harley-Davidson Twin Motorcycle sold for $82,500
3. 1915 Indian 8 Valve Motorcycle sold for $77,000
4. 1910 Indian Board Track Racer Motorcycle sold for $66,000
5. 2009 Ford Shelby Mustang GT500KR Coupe sold for $60,480
6. 1912 Pope K Racer Motorcycle sold for $49,500
7. 1969 Chevrolet Camaro Custom Coupe sold for $48,600
8. 1960 Jaguar Mark IX Saloon sold for $48,600
9. 1998 Hummer H1 SUV sold for $48,600
10. 1957 Matchless G80RR Motorcycle sold for $47,300

2013 Results Through Thursday
Cumulative Total: $2.5M | 103/212 lots sold: 49%
Average Sale Price: $23,932 | Median Sale Price: $21,668

Russo and Steele
Thursday total: $1.2M | 23/52 lots sold: 44%
Average Sale Price: $52,010 | Median Sale Price: $41,250

Top 10 Thursday Sales:
1. 1966 Sunbeam Tiger Convertible sold for $149,600
2. 1959 Mercedes-Benz 190SL Roadster sold for $125,400
3. 2008 Bentley GTC Convertible sold for $106,700
4. 2008 Audi R8 Coupe sold for $95,700
5. 1974 De Tomaso Pantera Coupe sold for $79,750
6. 1966 Chevrolet Corvette 427/425 Convertible sold for $69,300
7. 1955 Chevrolet Cameo Pickup sold for $61,600
8. 2009 Mercedes-Benz SL550 Roadster sold for $61,600
9. 2007 Ford Shelby GT500 40th Anniversary Coupe sold for $59,950
10. 1970 Ford Mustang Boss 302 Fastback sold for $56,650

2013 Results Through Thursday
Cumulative Total: $0.3M | 12/52 sold: 23%
Average Sale Price: $27,798 | Median Sale Price: $26,950

All figures include buyer’s premium.

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