{"id":369488,"date":"2011-08-21T19:30:53","date_gmt":"2011-08-21T23:30:53","guid":{"rendered":"https:\/\/sportscardigest.com\/?p=36532"},"modified":"2024-12-06T03:34:15","modified_gmt":"2024-12-06T03:34:15","slug":"rm-auctions-monterey-2011-auction-results","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/rm-auctions-monterey-2011-auction-results\/","title":{"rendered":"RM Auctions Monterey (2011) – Auction Results"},"content":{"rendered":"

RM Auctions held its 2011 Sports and Classics of Monterey auction on August 19-20 at the Portola Hotel in Monterey, California, unofficially resulting in nearly $80 million in total sales and 85% sales rate.<\/p>\n

The headline consignment of the 2011 RM Auctions Monterey sale, a spectacular 1937 Mercedes-Benz 540 K Spezial Roadster, chassis number 154140, attracted spirited bidding in the room and on the phones, selling for $9,680,000 \u2013 a new world record for a Mercedes-Benz sold at auction.<\/p>\n

The 540 K was joined by a magnificent series of four other supercharged eight-cylinder Mercedes-Benz automobiles from the 1930s, each fetching multi-million dollar results before the packed house. Other highlights included a roster of Ferraris, led by the sale of a rare alloy-bodied 1960 Ferrari 250 GT SWB Berlinetta Competizione for $5,280,000 and the 340 Mexico at $3,685,000. All told, a total of 14 automobiles sold for more than one million dollars at the 2011 RM Monterey sale.<\/p>\n

RM Auctions offered 144 automobiles for sale, with 123 finding a new owner, reflecting a 85% sales rate. Total sales volume was $78,192,700, inclusive of buyer\u2019s premiums. The average price per car sold was $635,713. In 2010, RM offered 221 automobiles for sale, with 209 finding a new owner, reflecting a 95% sales rate. Total sales volume was $67,004,800, inclusive of buyer\u2019s premiums. The average price per car sold was $329,597.<\/p>\n

RM Auctions Monterey 2011 – Top 15 Auction Results<\/strong><\/p>\n

1. 1937 Mercedes-Benz 540 K Spezial Roadster – $9,680,000
\n2. 1960 Ferrari 250 GT SWB Berlinetta Competizione – $5,280,000
\n3. 1939 Mercedes-Benz 540 K Spezial Roadster – $4,620,000
\n4. 1935 Mercedes-Benz 500 K Roadster – $3,767,500
\n5. 1952 Ferrari 340 Mexico Berlinetta – $3,685,000
\n6. 1936 Mercedes-Benz 540 K Spezial Coupe – $3,080,000
\n7. 1936 Mercedes-Benz 540 K Sport Cabriolet A – $2,970,000
\n8. 1955 Ferrari 750 Monza Spyder – $2,530,000
\n9. 1962 Ferrari 400 Superamerica Coupe – $2,090,000
\n10. 1953 Ferrari 375 America Coupe – $1,980,000
\n11. 1967 Ferrari 275 GTB\/4 Berlinetta – $ 1,485,000
\n12. 1970 Porsche 911S Steve McQueen Le Mans Movie Car – $1,375,000
\n13. 1958 BMW 507 Roadster – $1,072,500
\n14. 1924 Mercedes-Benz 28\/95 Sport Phaeton – $1,017,500
\n15. 1934 Duesenberg Model J Riviera Phaeton – $990,000
\n15. 1935 Bugatti Type 57 “Grand Raid” Roadster – $990,000<\/p>\n

See RM Auctions Monterey 2011 – Complete Auction Results<\/strong><\/a><\/p>\n

The Monterey sale was RM\u2019s biggest ever sale on the Monterey Peninsula, attracting record bidder registrations from 20 countries, including Argentina, Japan, and United Arab Emirates. A series of private after sales completed following the auction propel total sales for the weekend to over $80 million, the highest tally ever achieved during Monterey\u2019s classic car week.<\/p>\n

[Source: RM Auctions]<\/p>\n","protected":false},"excerpt":{"rendered":"

RM Auctions held its 2011 Sports and Classics of Monterey auction on August 19-20 at the Portola Hotel in Monterey, California, unofficially resulting in nearly $80 million in total sales and 85% sales rate. The headline consignment of the 2011 RM Auctions Monterey sale, a spectacular 1937 Mercedes-Benz 540 K Spezial Roadster, chassis number 154140, attracted spirited bidding in the room and on the phones, selling for $9,680,000 \u2013 a new world record for a Mercedes-Benz sold at auction. The […]<\/p>\n","protected":false},"author":106,"featured_media":790632,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10112,11577],"tags":[7366,17513,2302],"class_list":["post-369488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auctions","category-auction-action","tag-auctions","tag-auctions-monterey-car-week","tag-rm-sothebys"],"yoast_head":"\nRM Auctions Monterey 2011 - Sale Results<\/title>\n<meta name=\"description\" content=\"RM Auctions held its 2011 Monterey auction on August 19-20 at the Portola Hotel in Monterey, California, resulting in nearly $80 million in total sales.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.supercars.net\/blog\/rm-auctions-monterey-2011-auction-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RM Auctions Monterey 2011 - 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