The customized Myers Manx dune buggy in which Steve McQueen took Faye Dunaway on a full-noise drive in the sand dunes in the 1968 movie The Thomas Crown Affair, is heading to auction. The VW Beetle-based buggy was customized for the film with a 230-hp Chevy Corvair flat-six, and the restored original movie car will go to auction at Bonhams' Amelia Island auction in March, 2020.
Monterey Car Week is the epicenter of the world collectible car industry. It's where all the big boys come to play. Whilst racing was the initial center of gravity for Monterey Car week, the Pebble Beach Concours turned from curtain raiser to main event, events such as The Quail making it even more "must see", and the auctions that occur as a backdrop to the week are something to behold. This year we will see six major auction houses hold 13 auctions sessions over a 60-hour time-frame and 1,400 cars could change hands, as will one third of a billion dollars.
The Ferrari 250 GT California Spider is the most valuable Ferrari made in significant numbers, but although 108 cars were produced, it still requires US$10 million or more to take one home from an auction. Two California Spiders (one SWB, one LWB) have been announced as auction block starters at Monterey this year and just how these two cars fare will be a key indicator as to the state of the top end of the market. This article covers the top 10 most valuable Spiders to have sold, with discussion on the various key features and links to all past auctions.
Aston Martin's DB4 GT Zagato Continuation will make its public debut at the 24 Hours of Le Mans 2019 on June 14-16. The limited edition (19 only) will become the most expensive new Aston Martin in company history when deliveries begin during Q3 of this year, with a price tag of £6 million (US$7,633,000) plus taxes.
Monterey Car Week is traditionally the place where world auction records are set, and this year the star of the show will be the original Porsche. It is one of the three Porsche Type 64 (also known as Type 60K10) cars built, the only one to remain intact from new, and it is the very first car to wear the now revered Porsche nameplate.
Automobile auctions appear to have made the digital transition far better than most industries, and although the marketplace may no longer be the rampant bull market we saw a few short years ago, with youngtimer classics now very much in vogue thanks to changing demographics, the collectible car industry looks in better shape than ever. Here's a selection of the more interesting lots that sold in Paris.
Three-time Formula One Champion Ayrton Senna continued to smash records 25 years after his death at Retromobile last weekend, setting new auction price records for a Formula One helmet ($184,340 | €162,000) and race suit ($110,372 | €97,500). Michael Schumacher achieved the second highest price of the 50+ helmets sold when a Ferrari Formula 1 helmet worn by the seven-time world champion during the 2005 season sold for $71,688 (€63,000).
The all-important collectible automotive auction market continued to show indications of change in the Scottsdale auction week, though the total sales for the week are little different from last year: US$251 million versus $248 million and an 81 percent sell-through rate down from 84 percent. Such differences can be entirely due to a different sub-set of cars, sellers and buyers being available this year. The texture of the market was different this year though: the sell-through rate of vehicles above $1 million fell dramatically, while the market below $250,000 was much stronger than last year