The top results at the RM Sotheby’s Monterey 2024 classic car auction were for a 1960 Ferrari 250 GT SWB California Spider and 1955 Ferrari 410 Sport Spider.
RM Sotheby’s sold 87.25% of all lots at their annual flagship auction during Monterey Car Week 2025 with the 1960 Ferrari 250 GT SWB California Spider leading the sales of the three-day auction as cars from all eras set auction world records. The top 3 cars were the Ferrari 250 GT SWB California Spider ($17 million), Ferrari 410 Sport Spider ($12.985 million), and Ferrari 250 GT LWB California Spider ($5.615 million).
RM Sotheby’s Monterey 2024 Classic Car Auction
RM Sotheby’s Monterey classic car auction: 15 – 17 August 2024
Previous RM Sotheby’s Monterey Results:
- RM Sotheby’s achieved $161.2 million in sales at Monterey Car Week.
- 87.25% of all lots sold, including 33 lots over $1 million and 5 lots over $5 million, with bidders from 39 countries participating, adding to the auction’s international appeal.
| Year | Earnings ($ million) | Million $ Cars | Sell-Through Rate |
| 2024 | 161 | 33 | 87 |
| 2023 | 164 | 45 | 86% |
| 2022 | 239 | 52 | 95% |
| 2021 | 148.5 | 43 | 90% |
| 2020 | 30.4 | 7 | Online only |
| 2019 | 107 | 21 | 74% |
| 2018 | 158 | 22 | 83% |
| 2017 | 133 | 32 | 88% |
| 2016 | 173 | 21 | |
| 2015 | 173 | 35 | |
| 2014 | 143 | 35 | 91% |
The Monterey auction week record is $48,405,000 paid for a 1962 Ferrari 250 GTO at the RM Sotheby’s 2018 sale.
Top 10 Results at RM Sotheby’s Monterey 2024 Classic Car Auction
The ten highest results at the RM Sotheby’s Monterey 2024 sale were:
- 1960 Ferrari 250 GT SWB California Spider by Scaglietti sold for $17,055,000
- 1955 Ferrari 410 Sport Spider by Scaglietti sold for $12,985,000
- 1959 Ferrari 250 GT LWB California Spider by Scaglietti sold for $5,615,000
- 1995 Ferrari F50 sold for $5,505,000
- 1967 Ferrari 275 GTB/4 NART Alloy by Scaglietti sold for $5,285,000
- 1934 Alfa Romeo 8C 2300 Lungo Spider by Eagle Coach Works sold for $4,075,000
- 2023 Bugatti Chiron Super Sport sold for $3,497,500
- 1966 Ferrari 275 GTB/6C Alloy by Scaglietti sold for $3,481,000
- 2021 Bugatti Chiron Sport Noire sold for $3,360,000
- 1932 Delage D8 S Roadster by Pourtout sold for $3,305,000
Auction Record Results at RM Sotherby’s Monterey 2024 Sale
New model record results were achieved for:
- 1971 Maserati Ghibli SS 4.9 Spyder by Ghia sold for $775,000
- 1932 Delage D8 S Roadster by Pourtout sold for $3,305,000
- 1935 Auburn 851 Supercharged Speedster sold for $1,270,000
- 1996 Vector M12 sold for $246,400
- 1995 Ferrari F50 sold for $5,505,000
- 2005 Mercedes-Benz CLK DTM AMG Cabriolet sold for $621,000
- 1989 Lamborghini LM002 sold for $703,500
- 2003 Saleen S7 ‘Competition Package’ sold for $709,000
- 2023 Porsche 911 Sport Classic sold for $764,000
- 2008 Spyker C8 Laviolette sold for $582,500
- 1974 Porsche 911 Carrera RS 3.0 sold for $2,370,000
- 1996 Porsche 911 Speedster Remastered by Gunther Werks sold for $1,215,000
- 2008 Lamborghini Murciélago LP640 Roadster sold for $1,352,500
- 2009 Ferrari 430 Scuderia sold for $478,000
- 2023 Bugatti Chiron Super Sport sold for $3,497,500
- 1985 Porsche 959 ‘Vorserie’ sold for $1,655,000
Top Results at RM Sotheby’s Monterey 2024
On Thursday night, 50 lots were offered at no reserve, all finding new owners. The evening’s top lots included a stunning 1963 Mercedes-Benz 300 SL Roadster and a 2005 Porsche Carrera GT, both of which sold for $1,352,500 each, with the 1965 Aston Martin DB5 Convertible selling for $1,160,000.
Friday night saw record-breaking performances across a spectrum of automotive eras and categories. Highlighting the evening was a stunning 1995 Ferrari F50, one of just 55 original US-delivery models and in exceptional condition with only 8,556 miles. Accompanied by its original books, this Ferrari commanded a top spot with a record-setting price of $5,505,000. On the other end of the spectrum, the 1935 Auburn 851 Supercharged Speedster, renowned as one of the finest examples in existence, fetched an impressive $1,270,000, surpassing the previous record by over $500,000. Showing the strength of the pre-war classics market, the 1929 Duesenberg Model J Convertible Coupe by Murphy sold for more than its pre-auction estimate at $1,875,000.
Ferraris dominated the auction on Saturday, capturing the top spots of the evening. Leading the night was the 1960 Ferrari 250 GT SWB California Spider by Scaglietti. This extraordinary car, the very first 250 GT SWB California Spider ever built and widely regarded as the finest and most significant example, sold for $17,055,000, making it the top lot of the auction. Following closely was the 1955 Ferrari 410 Sport Spider by Scaglietti. Driven by the legendary Carroll Shelby and boasting just four discerning owners over the past 53 years—including a notable 37-year period in a premier Ferrari collection—it sold for $12,985,000. Completing the top three was the 1959 Ferrari 250 GT LWB California Spider by Scaglietti. As the 19th of just 50 long-wheelbase examples and with 19 years of meticulous care under its current ownership, it achieved $5,615,000.
Another highlight from the night was the 1996 Porsche 911 GT2 Clubsport. One of only 194 street-legal GT2s, and one of just 33 specified with the Clubsport package, this example boasts a numbers-matching engine and gearbox, a concours-quality mechanical and cosmetic renovation, and sold for $2,012,500.
The auction also set several records beyond the Ferrari marque. The 1989 Lamborghini LM002, featuring a fresh cosmetic restoration in its original Olive Green with a brand-new Crème interior, sold for $703,500. The 2019 Porsche 911 Speedster, presented in pristine condition with 150.5 miles on the odometer and finished in paint-to-sample Grand Prix White with full Yachting Blue leather, brought in $775,000. Additionally, the 2023 Porsche 911 Sport Classic, the most powerful Porsche Type 992 911 with a manual transmission, was presented in near-new condition with fewer than 77 miles sold for a record-breaking $764,000.