Auction News

Going once, going twice… Sold! We all know activity in the marketplace impacts the value of our vintage vehicles. Keep tabs on the hottest sellers on the market with our collector car auction coverage. Old Cars Weekly brings you the latest sold prices here.

RM Auctions’ Auburn Fall sale sees $21.7 million in sales

AUBURN, Indiana – RM Auctions celebrated a now 48-year Labor Day tradition with its annual Auburn Fall sale (August 30 – September 2) at the Auburn Auction Park in Indiana. The four day auction resulted in $21.7 million in total sales, with a strong 81 percent of all lots sold, representing a...

Auction giant Bonhams sold to new owners

  Epiris announced that Epiris Fund II, advised by Epiris LLP, has agreed the acquisition of auction giant Bonhams from private shareholders. Financial terms are not being disclosed. Founded in 1793, Bonhams is one of the world’s largest and most renowned auctioneers of automobiles, fine art and antiques, and jewelry. The...

Muscle cars to star at Barrett-Jackson 2018 Las Vegas auction

  LAS VEGAS – Muscle cars will take the stage when Barrett-Jackson rolls into the Mandalay Bay Resort and Casino for its 11th Annual Las Vegas Auction, Sept. 27-29, 2018. The event will auction a wide range of classic and late-model muscle, including a ’68 rotisserie-restored Shelby GT350 custom fastback and the world’s fastest quarter-mile production...

Mecum Monterey 2018 Daytime Auction garners $47million in sales

  WALWORTH, Wis. – Mecum Auctions saw a 38-percent increase in total sales at its 10th annual Daytime Auction held in Monterey, California. With quality, rarity and diversity punctuating the vast Mecum lineup, the 2018 auction hurdled past last year’s totals as overall sales reached an impressive $47 million and marked the...

European sportscars dominate Bonham’s Quail Lodge sale

Carmel, Calif. — Bonhams’ annual auction, held August 24th at Quail Lodge during the largest collector car week in the world, was a success. With 135 cars on offer, the garden party atmosphere in sunny Carmel Valley was the perfect setting for a sale that achieved a highly respectable sell-through rate of 82%...

1935 Duesenberg SSJ changes hands for $22 million

Santa Monica, Calif. – Gooding & Company realized $116,502,500 at the 15th annual Pebble Beach Auctions August 24-25. During the two-day auction event, the company sold 123 of 147 lots, an 84% sales rate, with an average price of $947,175 per car. During the sale, 25 lots sold above the $1...

Volo Museum always keeping things fresh

  VOLO — When the Volo Auto Museum sells some of its famous TV and movie cars and other novelties this September, it won’t be because officials are downsizing or cutting their losses. Rather, it will be the continuation of a winning strategy that has helped this increasingly eclectic museum located...

1962 Ferrari 250 GTO tops $48 million at RM Sotheby’s sale

RM Sotheby’s – In Monterey, California RM Sotheby’s made auction history when a 1962 Ferrari 250 GTO, chassis no. 3413 GT, long considered to be the ‘holy grail’ of the collector car world sold for $48.4 million, becoming the most valuable car ever sold at auction. Three collectors bidding via telephone competed for...

RM Sotheby’s 2018 London auction digital catalog released

RM Sotheby’s 2018 London Auction September 5th RM Sotheby’s released the digital catalog for its 12th annual London sale to take place on September 5th at Battersea Evolution, in Battersea Park. This annual highlight on the European auction calendar features more than 100 lots, including 95 of the world’s finest motor...