Friday, 21 August 2015

Monterey Car Week Auctions: The cars which fetched more than a million

A 1961 Ferrari 250 GT sells for $15,300,000

The Monterey Car Week auctions have come and gone, and the analysts are still trying to sort through the numbers to figure out what they mean. There were more auctions and more cars presented this year than ever before, and the two biggest collectible car auction houses (RM Sotheby's and Gooding & Co.) grew sales considerably year-on-year, but the overall gross take for the combined auctions comes in at within a few dollars of last year's record numbers. Like all those who ply the trade, the market appears stronger at the top end and slightly softer in the middle.

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Section: Automotive

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from Gizmag Emerging Technology Magazine http://ift.tt/1JacPxO

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