2022 RM Sotheby’s Monterey Sale (Auction Results)

A 1955 Ferrari 410 Sport Spider and a 1937 Mercedes-Benz 540 K Spezial Roadster were the top results at the RM Sotheby’s Monterey 2022 sale.

A 1955 Ferrari 410 Sport Spider topped results at the RM Sotheby's Monterey 2022 classic car auction.
Patrick Ernzen ©2022 Courtesy of RM Sotheby’s

RM Sotheby’s achieved record results at the three-day Monterey 2022 classic car auction in California, USA. The top result was $22,005,000 for a 1955 Ferrari 410 Sport Spider with exceptional provenance and in-period racing history by amongst others Fangio, Hill, and Shelby. The second most expensive car in the RM Sotheby’s sale was a 1937 Mercedes-Benz 540 K Special Roadster that sold for $9,905,000 — the second most expensive Mercedes-Benz roadgoing car ever. A 1924 Hispano-Suiza H6C Tulipwood Torpedo sold for a marque record $9,245,000. In all, 52 cars were sold for over a million dollar.

RM Sotheby’s Monterey 2022 Classic Car Auction

RM Sotheby’s flagship Monterey classic car auction during the annual Monterey / Pebble Beach motoring week: 18, 19 & 20 August 2022 at the Monterey Conference Center in California, USA.

1962 Ferrari 250 GTO, chassis 3413 GT
Patrick Ernzen © 2018 Courtesy of RM Sotheby’s

The Monterey sale is traditionally the most important car auction of the year:

  • In 2022, RM Sotheby’s set a new auction total record of $239,258,340 selling 52 cars for over a million dollar and a 95% sell-through rate.
  • 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.

Top Results at the RM Sotheby’s Monterey 2022 Sale

The following 52 cars sold for more than a million dollars at the RM Sotheby’s 2022 Monterey classic car auction:

YearCarPrice ($)Estimate
11955Ferrari 410 Sport Spider22,005,00025,000,000 – 30,000,000
21937Mercedes-Benz 540 K Spezial Roadster9,905,0009,000,000 – 12,000,000
31924Hispano-Suiza H6C Tulipwood Torpedo9,245,0008,000,000 – 12,000,000
41957Ferrari 500 TRC Spider7,815,0008,000,000 – 10,000,000
51954Ferrari 375 America Vignale Cabriolet7,595,0006,500,000 – 7,500,000
61966Ferrari 275 GTB/C7,595,0007,500,000 – 9,000,000
71953Ferrari 375 MM Spider7,485,0008,000,000 – 10,000,000
81938Talbot-Lago T150-C SS Teardrop Coupe7,265,0009,000,000 – 11,000.000
91958Ferrari 250 GT Cabriolet Series I6,825,0006,000,000 – 7,000,000
101998Ferrari F3006,220,0006,000,000 – 8,000,000
111958Ferrari 250 GT LWB California Spider5,972,5007,000,000 – 8,500,000
121959Ferrari 250 GT LWB Berlinetta Tour de France5,340,0005,000,000 – 6,000,000
131955Mercedes-Benz 300 SL Alloy Gullwing5,010,0005,000,000 – 7,000,000
141935Duesenberg Model J Convertible Coupe4,680,0004,000,000 – 4,500,000
151985Ferrari 288 GTO4,405,0003,750,000 – 4,250,000
161959Porsche 718 RSK Werks Spyder4,300,0004,800,000 – 5,200,000
171992Ferrari F403,855,0002,500,000 – 2,900,000
182022Porsche 911 ‘Sally Special’3,600,000
191967Ferrari 275 GTB/43,525,0003,200,000 – 3,600,000
201957Maserati 200SI3,112,5003,000,000 – 4,000,000
211947Talbot-Lago T26 Record Cabriolet2,975,0001,800,000 – 2,500,000
221965Ferrari 275 GTB/6C2,810,0001,800,000 – 2,000,000
231968Ferrari 365 GTB/4 Prototype2,315,0002,250,000 – 3,000,000
241965Ferrari 275 GTS2,260,0001,700,000 – 1,900,000
251964Ferrari 250 GT/L Berlinetta Lusso2,205,0001,750,000 – 2,250,000
261963Mercedes-Benz 300 SL Roadster2,095,0002,000,000 – 2,500,000
271953Fiat 8V Supersonic2,040,0001,700,000 – 2,000,000
282008Lamborghini Reventon1,952,0001,750,000 – 2,000,000
291932Stutz DV-32 Super Bearcat1,930,0001,000,000 – 1,300,000
301936Mercedes-Benz 540 K Cabriolet A1,875,0002,000,000 – 2,500,000
311958Bentley S1 Continental Drophead Coupe1,875,0001,800,000 – 2,200,000
321939Mercedes-Benz 540 K Special Cabriolet A1,765,0001,750,000 – 2,500,000
331935Mercedes-Benz 500 K Cabriolet1,710,0001,750,000 – 2,250,000
341929Duesenberg Model J Sport Sedan1,710,0001,200,000 – 1,500,000
351956Mercedes-Benz 300 SL Gullwing1,655,0001,200,000 – 1,400,000
361939Bugatti Type 57C Arvis Special Cabriolet1,545,0001,600,000 – 2,300,000
371939Mercedes-Benz 540 K Cabriolet A1,435,0001,400,000 – 1,800,000
381936Lancia Astura Cabriolet Series III Tipo Bocca1,380,0001,500,000 – 2,000,000
391962Mercedes-Benz 300 SL Roadster1,380,0001,400,000 – 1,800,000
401931Rolls-Royce Phantom II Henley Roadster1,297,500900,000 – 1,300,000
411936Mercedes-Benz 500 K Normal Roadster1,270,0001,400,000 – 1,800,000
421991Jaguar XJR-151,270,0001,200,000 – 1,400,000
431938Mercedes-Benz 540 K Cabriolet A1,132,5001,000,000 – 1,250,000
441961Ferrari 250 GT Cabriolet Series II1,105,0001,300,000 – 1,600,000
451938Bugatti Type 57S Roadster1,105,000750,000 – 900,000
461984Lamborghini Countach LP5000 S1,061,000700,000 – 900,000
471930Duesenberg Model J Convertible Berline1,061,0001,200,000 – 1,500,000
481938Mercedes-Benz 540 K Drophead Coupe1,050,0001,250,000 – 1,750,000
491965Shelby 289 Cobra1,050,0001,000,000 – 1,200,000
501959Maserati 250 GT Spyder Prototype1,025,0001,200,000 – 1,600,000
511955Maserati A6G/54 2000 SpyderSold4,500,000 – 5,500,000
521958Maserati 450 SSold9,000,000 – 11,000,000

Two cars were listed as sold after the auction at an undisclosed price.

Sale Highlights at the RM Sotheby’s Monterey 2022 Sale

Tony Vincent Estate Collection of 1930s classic cars on sale at Gooding Pebble Beach 2022 classic car auction
© Gooding

RM Sotheby’s three-day Monterey 2022 auctions totaled $239,258,340, more than all other Monterey auctions combined. 9 out of 10 of the most expensive cars sold during Monterey Car Week were sold by RM Sotheby’s. RM Sotheby’s Monterey 2022 sale broke a world record for the highest-grossing automotive auction ever.

No fewer than 180 cars were sold in 11 hours of auctioneering spread over three days:

  • Thursday night’s auction brought over $41M with the 1937 Mercedes-Benz 540 K Special Roadster by Sindelfingen being the highest-selling car at $9,905,000 and the sale achieving an overall 95.7% sell-through rate
  • Friday night’s auction brought in nearly $75M with the 1957 Ferrari 500 TRC Spider by Scaglietti being the highest-selling car at $7,815,000 and the sale achieving an overall 94.6% sell-through rate
  • Saturday night’s auction brought in $123.3M with the 1955 Ferrari 410 Sport Spider by Scaglietti being the highest-selling car at $22,005,000 and the sale achieving an overall 94.2% sell-through rate.

Top Ferrari Results at RM Sotheby’s Monterey 2022 Sale

Schumacher 1998 Ferrari F300 on sale at RM Sotheby's Monterey 2022 auction
Kevin Van Campenhout ©2022 Courtesy of RM Sotheby’s

The most expensive car by far sold during the Monterey Motor Week 2022 auction series was the 1955 Ferrari 410 Sport Spider that achieved $22,005,000 at the RM Sotheby’s sale — more than double the $10,345,000 paid for a 1937 Bugatti Type 57 SC Atalante at the Gooding Pebble Beach 2022 sale. It became the 15th car ever to sell for more than $20 million at a public auction (nominal).

The 1955 Ferrari 410 Sport Spider was raced in period by amongst others Juan Manuel Fangio, Phil Hill, and Carroll Shelby. It was entered into 40 races, won 11, and achieved podium finishes 19 times. The car retained the matching-numbers engine, chassis, and body, and is fitted with the original fuel tank inscribed by Carroll Shelby “Mr. Ferrari told me that this was the best Ferrari he ever built”. Shelby won more races in this Ferrari than in any other car. 

RM Sotheby’s sold 17 Ferraris for over a million dollars each at Monterey 2022 including five for over $7 million and a further four for over $5 million.

An interesting result was the 1998 Ferrari F300 Formula 1 car that achieved $6,220,000. Only three modern Formula 1 racers have ever sold for more, including two further Schumacher Ferraris.

Top Mercedes-Benz Results at RM Sotheby’s Monterey 2022

1937 Mercedes-Benz 540 K Special Roadster by Sindelfingen on sale in the RM Sotheby's Monterey 2022 classic car auction
Darin Schnabel ©2022 Courtesy of RM Sotheby’s

RM Sotheby’s seemed to have cornered (or even flooded) the market by offering more Mercedes-Benz 500 and 540 K cabriolets in one sale than would normally be sold worldwide in a year. However, with the exception of one, all were sold and mostly at good prices.

The top Mercedes-Benz result was $9,905,000 for a 1937 Mercedes-Benz 540 K Spezial Roadster — the second highest price ever paid for a Mercedes-Benz roadgoing car (but of course quite a but cheaper than the most expensive Mercedes-Benz ever). In all, two 500 Ks and six 540 Ks were sold in the auction.

The second-highest Mercedes-Benz result was $5,010,000 for a 1955 Mercedes-Benz 300 SL Alloy Gullwing — well below the model-record $6,825,000 paid for a similar alloy at RM Sotheby’s Arizona 2022.

Further Noteworthy Results at RM Sotheby’s Monterey 2022

1924 Hispano-Suiza H6C "Tulipwood" Torpedo by Nieuport on sale in the RM Sotheby's Monterey 2022 classic car auction
Darin Schnabel ©2022 Courtesy of RM Sotheby’s

A few further interesting results at the RM Sotheby’s Monterey 2022 classic car auction included:

  • 2022 Porsche 911 ‘Sally Special’ breaks world record for most expensive factory new Porsche ever sold, selling at $3,600,000 to benefit charity. The car is a special one-off by Porsche and Pixar.
  • The wood-bodied 1924 Hispano-Suiza H6C Tulipwood Torpedo sold for $9,245,000 to set a new marque record.
  • The 1938 Talbot-Lago T150-C SS Teardrop Coupe sold for $7,265,000 — below estimate and well below the marque and French record $13,425,000 achieved at Gooding Amelia Island 2022.

Monterey Week 2022 Classic Car Auctions

Top classic car auctioneers with sales during Monterey Week 2022 include Gooding (Pebble Beach), Bonhams (Quail Lodge), RM Sotheby’s, Broad Arrow, and Mecum.

Monterey Week 2022 Auction Results:

Monterey Week 2022 Auction Previews:

Monterey Week 2022 Pre-Auction Announcements

Previous Monterey Week Auction Results