A rare 1962 Aston Martin DB4GT Zagato sold for $9,520,000 to lead the results from the Andrews Estate Collection sale as part of the RM Sotheby’s Monterey 2021 classic car auction.
RM Sotheby’s three-day Monterey 2021 classic car auctions got off to a solid start with strong results achieved on several cars offered from the Paul Andrews Estate Collection. The most expensive car sold was a 1962 Aston Martin DB4GT Zagato at $9,520,000. Eleven cars sold for over a million dollar including five Aston Martins (and DB4GTs in three different versions). A 1929 Duesenberg Model J ‘Butterfly’ Dual-Cowl Phaeton sold for a strong $3,305,000. The only top car failing to sell was a 1955 Jaguar D-Type that attracted an unsuccessful highest bid of $4.2 million.
Results from the RM Sotheby’s Andrews Estate Collection Sale at Monterey 2021
In 2021, RM Sotheby’s extended its traditional two-day Monterey auction in mid-August with a further third auction of 26 cars from the Paul Andrews Estate Collection. The sale of these cars that span 65 years of automotive history earned a total $34,439,000.
The top results from the Andrews Estate Collection sale in the RM Sotheby’s Monterey 2021 classic car auction were:
|1||1962||Aston Martin DB4GT Zagato||9,520,000||11,000,000 – 14,000,000|
|2||1959||Aston Martin DB4GT Lightweight||3,855,000||4,000,000 – 5,000,000|
|3||1929||Duesenberg Model J Butterfly Dual-Cowl Phaeton||3,305,000||2,750,000 – 3,250,000|
|4||1965||Aston Martin DB5 Convertible||3,195,000||1,850,000 – 2,250,000|
|5||1961||Aston Martin DB4GT Sanction II||2,755,000||3,000,000 – 3,500,000|
|6||1963||Ferrari 250 GT/L Berlinetta Lusso||1,875,000||1,500,000 – 1,750,000|
|7||1957||Mercedes-Benz 300 SL Gullwing||1,352,500||1,000,000 – 1,300,000|
|8||1929||Bentley 4 ½ Litre Open Four-Seater Sports||1,105,000||1,100,000 – 1,300,000|
|9||1932||Packard Twin Six Individual Custom Convertible Sedan||1,050,000||1,200,000 – 1,500,000|
|10||1963||Jaguar E-Type Lightweight Continuation||1,050,000||1,500,000 – 1,850,000|
|11||1954||Aston Martin DB2/4 Drophead Coupe||1,022,500||850,000 – 1,200,000|
|12||1964||Aston Martin DB5||912,500||900,000 – 1,250,000|
|1955||Jaguar D-Type||HB 4,200,000||5,500,000 – 7,000,000|
Million-Dollar Cars from the RM Sotheby’s Andrew Estate Collection Sale at Monterey 2021
RM Sotheby’s sold 11 cars from the Andrew Estate Collection for over a million dollar each on the first day of the three-day Monterey classic car auction. Six years ago, in the special Andrew Collection sale in Fort Worth, Texas, in 2015, RM Sotheby’s achieved $54 million with 16 cars selling for over a million dollar.
Top Aston Martin Results at RM Sotheby’s Monterey 2021 (Andrews Estate Collection)
The top result in the Monterey sale was as expected for the rare 1962 Aston Martin DB4GT Zagato that sold for $9,520,000 — somewhat below estimate and reportedly only after the reserve was lower but still a reasonable result. One of only 19 DB4GT Zagatos built and with only six left-hand-drive examples, the Aston was ordered new with numerous unique features specified by its original owner. Equipped with the original engine and presented in outstanding condition, this remarkable car is one of the most collectable Aston Martins in existence.
The second highest result was for the 1959 Aston Martin DB4GT Lightweight, one of only two LHD Lightweight DB4GTs produced. A 1961 Aston Martin DB4GT Sanction II, one of only four produced in the 1990s, also achieved a good result just below estimate.
A more sensational result was for the 1965 Aston Martin DB5 Convertible that sold for nearly million above the higher estimate. This car is one of just 19 factory original DB5 Convertibles built with left-hand drive steering and was the last constructed by the factory.
A 1954 Aston Martin DB2/4 Drophead Coupe was the fourth Aston Martin to achieve over a million at the auction while a 1964 Aston Martin DB5 just missed the mark.
Further Top Results at the RM Sotheby’s Andrew Estate Collection Sale at Monterey 2021
Another highlight of the Thursday evening dedicated auction was one of the oldest cars in the collection, the beautifully restored 1929 Duesenberg Model J ‘Butterfly’ Dual-Cowl Phaeton, which sold above the high estimate for $3,305,000. This was one of the highest results ever for a Model J. Three further Duesenberg Model J cars will be available at other Monterey Car Week 2021 sales.
The 1963 Ferrari 250 GT/L Berlinetta Lusso also achieved a good result — three further similar car are available at auctions at Monterey, including a further one at RM Sotheby’s.
The 1963 Jaguar E-Type Lightweight Continuation sold for only $1,050,000 — half a million below the lower estimate and well below the $1,710,000 it was bought for at the RM Sotheby’s Elkhart sale in 2020.
The top car failing to sell was the 1955 Jaguar D-Type that received a highest bid of $4.2 million. RM Sotheby’s sold the car twice in recent years for just under $4 million — at Amelia Island 2015 and Monterey 2013.
RM Sotheby’s Monterey 2021 Classic Car Auction
RM Sotheby’s flagship Monterey classic car auction during the annual Monterey / Pebble Beach motoring week in mid-August will be extended to three days in 2021 with auctions on 12, 13 & 14 August 2021 at the Monterey Conference Center in California, USA. A regular live auction with bidders at the venue in addition to telephone and internet bidding.
The Monterey sale is traditionally the most important car auction of the year. In 2021, RM Sotheby’s earned $148.5 million at Monterey selling 43 cars for over a million dollar and an impressive 90% sell-through rate. RM Sotheby’s earned $30,412,810 from the Shift / Monterey 2020 online-only sale.
In 2019, RM Sotheby’s earned $107 million, in 2018 $158 million (including $48,405,000 for the most expensive car ever sold at auction, a 1962 Ferrari 250 GTO, and in 2017 $133 million.
RM Sotheby’s three-day Monterey 2016 auction remains the highest-grossing classic car auction ever with $173 million earned and 35 million-dollar cars sold.
Monterey Motoring Week 2021
Most of the traditional Monterey Motoring Week events returned in mid-August 2021 after the cancellations in 2020. Top classic car auctioneers with sales during Monterey Week 2021 included Gooding (Pebble Beach), Bonhams (Quail Lodge), RM Sotheby’s, and Mecum.
Monterey 2021 Auction Results:
- Monterey 2021 All Auctions: Auction Results General Overview, Top Ten Results, List of Million-Dollar Cars
- Bonhams: Quail Lodge Sale Results
- Gooding: Pebble Beach Sale Results, McLaren F1
- RM Sotheby’s: Monterey Sale Results, Andrews Estate Collection Sale
- Mecum: Monterey Sale Results
Monterey 2021 Auction Announcements:
- Bonhams: Mercedes-Benz 26/100/180
- Bonhams: Talbot-Lago T26 Décapotable
- Gooding: Ferrari California Spider Competizione
- Gooding: Mercedes-Benz AMG CLK GTR Strassenversion
- Gooding: Prewar British Cars
- Gooding: Prewar American Cars
- Gooding: Bugatti Type 35B
- Gooding: Ford GT40 Alan Mann Lightweight
- Gooding: Neil Peart’s Silver Surfers Collection
- Gooding: American Racing Cars
- Gooding: Porsche 934 & 935
- Gooding: McLaren F1
- Gooding: Italian Coachbuilt Cars
- RM Sotheby’s: Porsche 917K
- RM Sotheby’s: Le Mans Racing Cars
- RM Sotheby’s: Andrews Estate Collection (Aston Martin DB4GTs)
- RM Sotheby’s: Top Ferraris
Previous Monterey Week Auction Results