{"id":492129,"date":"2011-12-01T03:02:40","date_gmt":"2011-12-01T11:02:40","guid":{"rendered":"https:\/\/sportscardigest.com\/\/?p=30480"},"modified":"2024-12-06T03:34:36","modified_gmt":"2024-12-06T03:34:36","slug":"monterey-millionaires","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/","title":{"rendered":"Monterey Car Week Auctions (2011) – Monterey millionaires"},"content":{"rendered":"
\"\"<\/a>
Top seller at RM\u2019s Monterey Auction was this exquisite 1937 Mercedes-Benz 540 K\u2008Spezial Roadster that drew a winning bid of $9.68m.
Photo: Courtesy of RM Auctions<\/figcaption><\/figure>\n

Thirty-one cars sold for more than a million dollars and several new world records were established last August during Monterey\u2019s annual Classic Car Week. This represented an increase of five million-dollar sales from last year, and included the highest price ever paid for any automobile at auction, the $16,390,000 brought in by the 1957 Ferrari 250 Testa Rossa offered at Gooding & Co.\u2019s Pebble Beach Auction. That auction also broke fresh ground with the $10,340,000 paid for a 1931 Duesenberg Model J LWB Coupe that set new marks for both a Duesenberg sold at auction and for any American car.<\/p>\n

The third world record was the $9,680,000 for which RM Auctions sold a 1937 Mercedes-Benz 540 K Spezial Roadster, the most ever paid at auction for a Mercedes-Benz. A bit farther down the dollar scale, but still notching the top price ever brought by a Porsche 911, was RM\u2019s sale of the 1970 911 formerly owned by actor Steve McQueen that appeared in his movie Le Mans and went for $1,375,000.<\/p>\n

\"\"<\/a>
This pristine BMW\u2008507 Roadster topped Bonham\u2019s Quail sale, which inspired a top offer of just over $1,000,000.<\/figcaption><\/figure>\n

As might have been expected with Mercedes-Benz celebrating its 125th anniversary this year, six of the top 10 sale cars wore the three-pointed star. Also, just missing out on joining the Million Dollar Club was the 1959 Fiat Transporter that once served as the Ferrari Factory\u2019s racecar transporter, and brought $990,000 at the Gooding auction.<\/p>\n

RM Auctions enjoyed a remarkable 85 percent sell-through this year, with Gooding\u2019s Pebble Beach sale right behind at 84 percent. Bonham\u2019s Quail sale sold half of the cars on offer, with the top seller a 1957 BMW 507 Roadster with Hard Top that generated a winning bid of $1,002,500.<\/p>\n

\"\"<\/a>
1931 Indy-winning Miller led Mecum sales.<\/figcaption><\/figure>\n

The 3rd annual Mecum Monterey Auction produced a 65 percent sell-through rate, headlined by the ex-Louis Schneider Bowes Seal Fast Special Miller that won the 1931 Indy 500 and brought a top bid of $2,000,000. The 11th annual Russo and Steele Monterey \u201cSports and Muscle\u201d event produced a 64 percent sell-through rate, with its highest price the $654,500 paid for a 1966 Ferrari 275 GTS.<\/p>\n

Overall Top 10 Dollar Sales<\/p>\n

1957 Ferrari 250 Testa Rossa – $16,390,000 – Gooding<\/p>\n

1931 Duesenberg Model J LWB Coupe – $10,340,000 – Gooding<\/p>\n

1937 Mercedes-Benz 540 K Spezial Roadster – $9,680,000 – RM<\/p>\n

1960 Ferrari 250 GT SWB Berlinetta Competizione – $5,280,000 – RM<\/p>\n

1927 Mercedes-Benz S-Type 26\/180 Sportwagen – $5,040,000 – Gooding<\/p>\n

1939 Mercedes-Benz 540 K Spezial Roadster – $4,620,000 \u2013 RM<\/p>\n

1935 Mercedes-Benz 500 K Roadster – $3,767,500 \u2013 RM<\/p>\n

1952 Ferrari 340 Mexico Berlinetta – $3,685,000 \u2013 RM<\/p>\n

1936 Mercedes-Benz 540 K Spezial Coupe – $3,080,000 \u2013 RM<\/p>\n

1936 Mercedes-Benz 540 K Sport Cabriolet A – $2,970,000 \u2013 RM<\/p>\n","protected":false},"excerpt":{"rendered":"

Thirty-one cars sold for more than a million dollars and several new world records were established last August during Monterey\u2019s annual Classic Car Week. This represented an increase of five million-dollar sales from last year, and included the highest price ever paid for any automobile at auction, the $16,390,000 brought in by the 1957 Ferrari 250 Testa Rossa offered at Gooding & Co.\u2019s Pebble Beach Auction. That auction also broke fresh ground with the $10,340,000 paid for a 1931 Duesenberg […]<\/p>\n","protected":false},"author":106,"featured_media":547890,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10112,11577],"tags":[7366,17513],"class_list":["post-492129","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 Car Week Auctions (2011) - Monterey millionaires<\/title>\n<meta name=\"description\" content=\"Monterey millionaires\" \/>\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-millionaires\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monterey Car Week Auctions (2011) - Monterey millionaires\" \/>\n<meta property=\"og:description\" content=\"Monterey millionaires\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/\" \/>\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=\"2011-12-01T11:02:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-06T03:34:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2011\/12\/n2-201112-p4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sports Car Digest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\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=\"Sports Car Digest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 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-millionaires\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/\"},\"author\":{\"name\":\"Sports Car Digest\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#\\\/schema\\\/person\\\/188bd99a52d1e69543c54566c30e906b\"},\"headline\":\"Monterey Car Week Auctions (2011) – Monterey millionaires\",\"datePublished\":\"2011-12-01T11:02:40+00:00\",\"dateModified\":\"2024-12-06T03:34:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/\"},\"wordCount\":462,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2011\\\/12\\\/n2-201112-p4.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-millionaires\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/\",\"name\":\"Monterey Car Week Auctions (2011) - Monterey millionaires\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2011\\\/12\\\/n2-201112-p4.jpg\",\"datePublished\":\"2011-12-01T11:02:40+00:00\",\"dateModified\":\"2024-12-06T03:34:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#\\\/schema\\\/person\\\/188bd99a52d1e69543c54566c30e906b\"},\"description\":\"Monterey millionaires\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2011\\\/12\\\/n2-201112-p4.jpg\",\"contentUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2011\\\/12\\\/n2-201112-p4.jpg\",\"width\":1080,\"height\":576},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/monterey-millionaires\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monterey Car Week Auctions (2011) – Monterey millionaires\"}]},{\"@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\\\/188bd99a52d1e69543c54566c30e906b\",\"name\":\"Sports Car Digest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/D3S_76221-293x293.jpg\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/D3S_76221-293x293.jpg\",\"contentUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/D3S_76221-293x293.jpg\",\"caption\":\"Sports Car Digest\"},\"description\":\"We profile the world\u2019s finest sports cars, past and present automotive personalities, larger-than-life races and garages or museums. Profiles may include first-hand driving impressions, in-depth interviews and period racing stories and photographs. Profiles range from the Mario Righini Collection in Italy to the 1958 12 Hours of Sebring to a Shelby 427 Competition Cobra and everything in between.\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/author\\\/scdigest\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Monterey Car Week Auctions (2011) - Monterey millionaires","description":"Monterey millionaires","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-millionaires\/","og_locale":"en_US","og_type":"article","og_title":"Monterey Car Week Auctions (2011) - Monterey millionaires","og_description":"Monterey millionaires","og_url":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/","og_site_name":"Supercars.net","article_publisher":"https:\/\/www.facebook.com\/Supercars.net\/","article_published_time":"2011-12-01T11:02:40+00:00","article_modified_time":"2024-12-06T03:34:36+00:00","og_image":[{"width":1080,"height":576,"url":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2011\/12\/n2-201112-p4.jpg","type":"image\/jpeg"}],"author":"Sports Car Digest","twitter_card":"summary_large_image","twitter_creator":"@supercars_net","twitter_site":"@supercars_net","twitter_misc":{"Written by":"Sports Car Digest","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/#article","isPartOf":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/"},"author":{"name":"Sports Car Digest","@id":"https:\/\/www.supercars.net\/blog\/#\/schema\/person\/188bd99a52d1e69543c54566c30e906b"},"headline":"Monterey Car Week Auctions (2011) – Monterey millionaires","datePublished":"2011-12-01T11:02:40+00:00","dateModified":"2024-12-06T03:34:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/"},"wordCount":462,"commentCount":0,"image":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/#primaryimage"},"thumbnailUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2011\/12\/n2-201112-p4.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-millionaires\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/","url":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/","name":"Monterey Car Week Auctions (2011) - Monterey millionaires","isPartOf":{"@id":"https:\/\/www.supercars.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/#primaryimage"},"image":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/#primaryimage"},"thumbnailUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2011\/12\/n2-201112-p4.jpg","datePublished":"2011-12-01T11:02:40+00:00","dateModified":"2024-12-06T03:34:36+00:00","author":{"@id":"https:\/\/www.supercars.net\/blog\/#\/schema\/person\/188bd99a52d1e69543c54566c30e906b"},"description":"Monterey millionaires","breadcrumb":{"@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.supercars.net\/blog\/monterey-millionaires\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/#primaryimage","url":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2011\/12\/n2-201112-p4.jpg","contentUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2011\/12\/n2-201112-p4.jpg","width":1080,"height":576},{"@type":"BreadcrumbList","@id":"https:\/\/www.supercars.net\/blog\/monterey-millionaires\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.supercars.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Monterey Car Week Auctions (2011) – Monterey millionaires"}]},{"@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\/188bd99a52d1e69543c54566c30e906b","name":"Sports Car Digest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2023\/10\/D3S_76221-293x293.jpg","url":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2023\/10\/D3S_76221-293x293.jpg","contentUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2023\/10\/D3S_76221-293x293.jpg","caption":"Sports Car Digest"},"description":"We profile the world\u2019s finest sports cars, past and present automotive personalities, larger-than-life races and garages or museums. Profiles may include first-hand driving impressions, in-depth interviews and period racing stories and photographs. Profiles range from the Mario Righini Collection in Italy to the 1958 12 Hours of Sebring to a Shelby 427 Competition Cobra and everything in between.","url":"https:\/\/www.supercars.net\/blog\/author\/scdigest\/"}]}},"_links":{"self":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/posts\/492129","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\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/comments?post=492129"}],"version-history":[{"count":0,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/posts\/492129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/media\/547890"}],"wp:attachment":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/media?parent=492129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/categories?post=492129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/tags?post=492129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}