{"id":371161,"date":"2016-09-01T11:30:11","date_gmt":"2016-09-01T18:30:11","guid":{"rendered":"https:\/\/sportscardigest.com\/?p=101415"},"modified":"2024-12-06T03:45:06","modified_gmt":"2024-12-06T03:45:06","slug":"monterey-classic-car-week-2016-auction-summary","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/","title":{"rendered":"Monterey Car Week Auctions (2016) – Auction Summary"},"content":{"rendered":"

Samuel Clemens is best quoted noting, \u201cThe report of my death was an exaggeration.\u201d<\/p>\n

So, too are reports of the death — or at least the incipient demise — of the collector car market in the wake of the Monterey Classic Car Week 2016 auctions.<\/p>\n

With a little illumination, the numbers tell a quite different story.<\/p>\n

There were five auctions in Monterey. They comprised eleven sessions (one day for Bonhams, two days for RM Sotheby\u2019s in its constricted-by-construction Portola Plaza location, three days for Mecum and Russo and Steele and two days for Gooding at Pebble Beach) on four consecutive days from Friday through Sunday.<\/p>\n

Here are the summary numbers for those five sales over the last four years:<\/p>\n

[table id=160 \/]<\/p>\n

Last year RM Sotheby’s had an extra Thursday session with 25 cars from the Pinnacle Portfolio that added $75.5 million to the week\u2019s total. The 2015 week total without Pinnacle would have been $318.3 million.<\/p>\n

In 2014 Bonhams had the Thursday Maranello Rosso collection with the $38.1 million Ferrari 250 GTO; the collection added $66 million to the week\u2019s total. Without Maranello Rosso the 2014 week total would have been $388.2 million.<\/p>\n

Over the past four years the number of cars offered has remained steady. The sale rate, moderated by the large number of modestly priced cars at Mecum and Russo and Steele, has bumped along within a few points of 60% but in 2016 is at its lowest in years (including comparable years pre-2013 through Mecum\u2019s 2010 arrival.)<\/p>\n

And while interest in 2016 focused on eight-figure cars (there were eight pre-sale low estimates over $10 million) only six cars were sold for hammer bids over $10MM, and two of them were \u201cRefer Department\u201d or \u201cOn Request\u201d estimates not included in the eight mentioned. They accounted, however, for a total of $90 million in successful high bids, the highest in Monterey auction history. That is more than in either 2015 including the Pinnacle Portfolio or 2014 including the Maranello Rosso collection and Ferrari 250 GTO.<\/p>\n

All the eight-figure cars sold on hammer bids below their low pre-sale estimates, a below estimate range performance that is consistent with the rest of the Monterey auctions where 70.4% of the cars (at the Bonhams, RM and Gooding catalog auctions) with estimates changed hands on hammer bids below low estimate. Only 7.6% of the catalog auction cars sold were at hammer bids over their pre-sale high estimates, continuing a moderating trend over the last four years.<\/p>\n

\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n OLYMPUS DIGITAL CAMERA\r\n <\/div><\/figure>
\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n OLYMPUS DIGITAL CAMERA\r\n <\/div><\/figure>
\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n OLYMPUS DIGITAL CAMERA\r\n <\/div><\/figure>
\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n OLYMPUS DIGITAL CAMERA\r\n <\/div><\/figure>
\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n OLYMPUS DIGITAL CAMERA\r\n <\/div><\/figure>\n

The growing gap between estimates and successful hammer bids are a sign of a slowing collector car market:<\/p>\n

\u2022 After years of fairly predictable appreciation consignors have exaggerated expectations of \u2018market value\u2019;
\n\u2022 They are making decisions to consign three to six months before the auction and then looking over their shoulders at outdated trends a year or more before that in setting reserves;
\n\u2022 Auction companies, competing aggressively for quality consignments, are tempted to accept consignments with optimistic reserves and cataloging them with even more optimistic estimates to placate consignors;
\n\u2022 More than a few cars in Monterey turned over within months of being acquired in other auctions, most with little or less than nothing to show for it;
\n\u2022 A few favored marques and models continued to flood the market, e.g., Porsche 911s of all stripes and Ferrari 308s, their Monterey results reflecting an overhang of supply on limited demand for cars that were not produced in anything remotely described as \u2018limited production\u2019;
\n\u2022 The flood of cars at the top of the market (70 lots had low estimates of $1MM or more, 60 lots (not all estimated at >$1MM) sold on hammer bids of $1MM or more) suggests that consignors are recognizing the market is in general terms at or close to an inflection point and hurried to try to capitalize [literally] on historically generous values.<\/p>\n

Through all of this, however, there is no catastrophic shift in values of sound, quality collector cars. Values may be off a little from recent years\u2019 peaks, but not a lot, and there were enough recently traded cars changing hands in Monterey within ten or twenty percent (up or down) of their prior transaction values to support that observation.<\/p>\n

That is, even though the Ferrari 250 GT LWB Alloy bodied California Spider that brought $18,150,000 at Gooding sold in the same venue in 2010 for $7,260,000 (both with buyer\u2019s commission included.) XKD501, the Le Mans winning D-Type at RM Sotheby\u2019s, last sold at Christie\u2019s in London in 1999 \u2013 in about the same condition it was at Monterey \u2013 for \u00a31,706,500, $2,810,627 at the time and only a little bit less (about $2.2 million) in today\u2019s Brexit-enhanced dollars.<\/p>\n

\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n OLYMPUS DIGITAL CAMERA\r\n <\/div><\/figure>
\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n OLYMPUS DIGITAL CAMERA\r\n <\/div><\/figure>\n

There will always be lightning strikes at auctions where bidders get competitive and throw caution (and reason) to the winds. Monterey saw its share:<\/p>\n

\u2022 Gooding\u2019s 1960 Chrysler 300F 4-speed, sold at Gooding\u2019s Amelia auction in 2013 for $236,500, then changing hands here for a thumping $440,000 including commission;
\n\u2022 RM Sotheby\u2019s 1982 Aston V8 Vantage \u2018Oscar India\u2019 sold for $132,000 in Arizona in 2015 and bringing [an under low estimate] $357,500 here;
\n\u2022 Bonhams sublime 1904 Mercedes-Simplex sold for \u00a3265,500 ($427,192 then, $345,200 at today\u2019s exchange rate) at Brooks in London in 1999, an LBVCR star that brought $2,805,000 here, not bad for a vehicle once used for hauling pig swill, and my favorite Monterey example of why the antique car market is far from moribund, let alone dead.<\/p>\n

\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n OLYMPUS DIGITAL CAMERA\r\n <\/div><\/figure>
\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n OLYMPUS DIGITAL CAMERA\r\n <\/div><\/figure>\n

It could go on and on — there were 1,253 cars at the Monterey auctions and something like 350 of them, 27.9%, had prior auction appearances — but there is far more detail in all its variety to follow in the individual auction reports.<\/p>\n

The bottom line, though, is that despair and gloom are misplaced in the context of Monterey.<\/p>\n

Mark Twain lived another thirteen years after the New York Journal<\/em> reported his imminent demise.<\/p>\n

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

Samuel Clemens is best quoted noting, \u201cThe report of my death was an exaggeration.\u201d So, too are reports of the death — or at least the incipient demise — of the collector car market in the wake of the Monterey Classic Car Week 2016 auctions. With a little illumination, the numbers tell a quite different story. There were five auctions in Monterey. They comprised eleven sessions (one day for Bonhams, two days for RM Sotheby\u2019s in its constricted-by-construction Portola Plaza […]<\/p>\n","protected":false},"author":112,"featured_media":644918,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10112,11577],"tags":[7366,17513],"class_list":["post-371161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auctions","category-auction-action","tag-auctions","tag-auctions-monterey-car-week"],"yoast_head":"\nMonterey Classic Car Week 2016 - Auction Summary<\/title>\n<meta name=\"description\" content=\"Summary results and information from the auctions and sales held in Pebble Beach, Monterey and Carmel for the Monterey Classic Car Week 2016.\" \/>\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\/monterey-classic-car-week-2016-auction-summary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monterey Classic Car Week 2016 - Auction Summary\" \/>\n<meta property=\"og:description\" content=\"Summary results and information from the auctions and sales held in Pebble Beach, Monterey and Carmel for the Monterey Classic Car Week 2016.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/\" \/>\n<meta property=\"og:site_name\" content=\"Supercars.net\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Supercars.net\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-01T18:30:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-06T03:45:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2016\/03\/1010241.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rick Carey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/s3.amazonaws.com\/scardigest\/wp-content\/uploads\/20160901091529\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@supercars_net\" \/>\n<meta name=\"twitter:site\" content=\"@supercars_net\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rick Carey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/\"},\"author\":{\"name\":\"Rick Carey\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#\\\/schema\\\/person\\\/e1de143beb16414dd66c4a2a28276578\"},\"headline\":\"Monterey Car Week Auctions (2016) – Auction Summary\",\"datePublished\":\"2016-09-01T18:30:11+00:00\",\"dateModified\":\"2024-12-06T03:45:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/\"},\"wordCount\":971,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg\",\"keywords\":[\"Auctions\",\"Auctions (Monterey Car Week)\"],\"articleSection\":[\"Auctions\",\"The Market\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/\",\"name\":\"Monterey Classic Car Week 2016 - Auction Summary\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg\",\"datePublished\":\"2016-09-01T18:30:11+00:00\",\"dateModified\":\"2024-12-06T03:45:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#\\\/schema\\\/person\\\/e1de143beb16414dd66c4a2a28276578\"},\"description\":\"Summary results and information from the auctions and sales held in Pebble Beach, Monterey and Carmel for the Monterey Classic Car Week 2016.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg\",\"contentUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg\",\"width\":800,\"height\":600,\"caption\":\"OLYMPUS DIGITAL CAMERA\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-classic-car-week-2016-auction-summary\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monterey Car Week Auctions (2016) – Auction Summary\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/\",\"name\":\"Supercars.net\",\"description\":\"Exotic and Supercar news, information, pictures and videos\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#\\\/schema\\\/person\\\/e1de143beb16414dd66c4a2a28276578\",\"name\":\"Rick Carey\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Rick-Carey-100x100.jpeg\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Rick-Carey-100x100.jpeg\",\"contentUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Rick-Carey-100x100.jpeg\",\"caption\":\"Rick Carey\"},\"description\":\"Automobile history, collector car values and auction results. I maintain a constantly expanding database of collector car auction results from the 1960's to the present and attend 25-30 collector auctions each year in the US and (occasionally when I can justify the expense) the UK and Europe. There are currently over 225K individual records, 50K+ with full descriptions (including chassis numbers) and comments.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/richard-carey-15716322\\\/\"],\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/author\\\/rick-carey\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Monterey Classic Car Week 2016 - Auction Summary","description":"Summary results and information from the auctions and sales held in Pebble Beach, Monterey and Carmel for the Monterey Classic Car Week 2016.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/","og_locale":"en_US","og_type":"article","og_title":"Monterey Classic Car Week 2016 - Auction Summary","og_description":"Summary results and information from the auctions and sales held in Pebble Beach, Monterey and Carmel for the Monterey Classic Car Week 2016.","og_url":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/","og_site_name":"Supercars.net","article_publisher":"https:\/\/www.facebook.com\/Supercars.net\/","article_published_time":"2016-09-01T18:30:11+00:00","article_modified_time":"2024-12-06T03:45:06+00:00","og_image":[{"width":1024,"height":683,"url":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2016\/03\/1010241.jpg","type":"image\/jpeg"}],"author":"Rick Carey","twitter_card":"summary_large_image","twitter_image":"http:\/\/s3.amazonaws.com\/scardigest\/wp-content\/uploads\/20160901091529\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg","twitter_creator":"@supercars_net","twitter_site":"@supercars_net","twitter_misc":{"Written by":"Rick Carey","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/#article","isPartOf":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/"},"author":{"name":"Rick Carey","@id":"https:\/\/www.supercars.net\/blog\/#\/schema\/person\/e1de143beb16414dd66c4a2a28276578"},"headline":"Monterey Car Week Auctions (2016) – Auction Summary","datePublished":"2016-09-01T18:30:11+00:00","dateModified":"2024-12-06T03:45:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/"},"wordCount":971,"commentCount":0,"image":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/#primaryimage"},"thumbnailUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2016\/09\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg","keywords":["Auctions","Auctions (Monterey Car Week)"],"articleSection":["Auctions","The Market"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/","url":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/","name":"Monterey Classic Car Week 2016 - Auction Summary","isPartOf":{"@id":"https:\/\/www.supercars.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/#primaryimage"},"image":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/#primaryimage"},"thumbnailUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2016\/09\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg","datePublished":"2016-09-01T18:30:11+00:00","dateModified":"2024-12-06T03:45:06+00:00","author":{"@id":"https:\/\/www.supercars.net\/blog\/#\/schema\/person\/e1de143beb16414dd66c4a2a28276578"},"description":"Summary results and information from the auctions and sales held in Pebble Beach, Monterey and Carmel for the Monterey Classic Car Week 2016.","breadcrumb":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/#primaryimage","url":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2016\/09\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg","contentUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2016\/09\/117_Shelby_1962_Cobra-260_Roadster_CSX2000_900.jpg","width":800,"height":600,"caption":"OLYMPUS DIGITAL CAMERA"},{"@type":"BreadcrumbList","@id":"https:\/\/www.supercars.net\/blog\/monterey-classic-car-week-2016-auction-summary\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.supercars.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Monterey Car Week Auctions (2016) – Auction Summary"}]},{"@type":"WebSite","@id":"https:\/\/www.supercars.net\/blog\/#website","url":"https:\/\/www.supercars.net\/blog\/","name":"Supercars.net","description":"Exotic and Supercar news, information, pictures and videos","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.supercars.net\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.supercars.net\/blog\/#\/schema\/person\/e1de143beb16414dd66c4a2a28276578","name":"Rick Carey","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2023\/10\/Rick-Carey-100x100.jpeg","url":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2023\/10\/Rick-Carey-100x100.jpeg","contentUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2023\/10\/Rick-Carey-100x100.jpeg","caption":"Rick Carey"},"description":"Automobile history, collector car values and auction results. I maintain a constantly expanding database of collector car auction results from the 1960's to the present and attend 25-30 collector auctions each year in the US and (occasionally when I can justify the expense) the UK and Europe. There are currently over 225K individual records, 50K+ with full descriptions (including chassis numbers) and comments.","sameAs":["https:\/\/www.linkedin.com\/in\/richard-carey-15716322\/"],"url":"https:\/\/www.supercars.net\/blog\/author\/rick-carey\/"}]}},"_links":{"self":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/posts\/371161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/users\/112"}],"replies":[{"embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/comments?post=371161"}],"version-history":[{"count":0,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/posts\/371161\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/media\/644918"}],"wp:attachment":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/media?parent=371161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/categories?post=371161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/tags?post=371161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}