Several culturally significant cars and motorcycles from the sixties and seventies are going to auction in the near future: Janis Joplin's psychedelic Porsche 356, Steve’s 1958 Chevrolet Impala from American Graffiti, "Black Beauty" from The Green Hornet, Evel Knievel's Harley-Davidson Stratocycle, the Triumph motorcycle ridden by the Fonz in the TV sitcom Happy Days, and Led Zeppelin drummer John Bonham’s Triumph "Sunset Tripper" from The Song Remains The Same.
Early 20th Century Harley Davidson motorcycles are rare enough items in themselves. But when one surfaces that was uncommon even when new, and from a line of racing models largely destroyed over the years in the pursuit of speed, you know that you probably have an exceptionally scarce item on your hands. So when a barn-find Harley-Davidson racing machine and sidecar is found after 50-plus years in storage in Australia and then sent to auction, the bidding is sure to be fierce. With a final winning bid of AUD$600,000 – and a new Australian auction record – that was certainly the case.
It's not all that long ago, that a car selling at auction for more than the magical million dollar mark would bring a round of applause, recognizing the significance of the sale. The continuing rise in values of top tier collectible cars has now seen more than 1300 cars fetch more than a million dollars, with hundreds more sold each year and 2015 set for a new record. Less than a month after Monterey Car Week saw more than 80 "Million Dollar Cars" sell, a further 14 cars topped the magic million dollar mark across six auctions in eight days. Despite some forebodings that the collectible car market had finally "topped out", it appears that predictions of its demise were somewhat premature.
Monterey Car Week's auctions began on a positive note tonight when the Pinnacle Portfolio became the most valuable single owner car collection ever sold at auction. Sales from the 25-car auction totaled more than US$67 million, exceeding the previous record by nearly 25 percent. The top sellers were a 1964 Ferrari 250 LM, which sold for $17,600,000, and a 1998 McLaren F1 "LM-Specification", which sold for $13,750,000. Nearly half the cars in the collection set new world records for the models.
Only 18 cars have ever sold at auction for more than US$10 million. It's illustrative that 11 of those cars have sold during the mid–August Monterey Car Week auctions surrounding the Pebble Beach Concours
d’Elegance. This year that number might rise dramatically as there are 10 cars
going to auction over a three day period that are estimated to surpass the $10
An Enigma machine, used by Germany to send encrpted communications during World War II, has been sold at auction in London. The machine, which was constructed in 1943, is one of few that survived the conflict intact, as the German military was given orders to destroy the machines as it retreated.
This genuine supercharged 5.4 liter car originated in Mercedes-Benz' legendary Singelfinden works eighty years ago and it's one of the finest examples of one of the world's most valuable models, yet it will struggle to get much more than 10 percent of its potential value when it goes to auction later this week. Why? Read on ...
One of only two Mk.1 Spitfires still able to fly today has sold for a record amount at Christie's auctions. The gavel fell at £3,106,500 (US$4,784,010) on the painstakingly restored RAF Spitfire P9374, far exceeding pre-auction estimates of £2.5m.
With low profiles, origami-like angles, and razor-sharp contours, the wedge-shaped supercars of the 1970s were the epitome of outrageous automotive style. Whilst the likes of the Lamborghini Countach, the Lotus Esprit, and the BMW M1 were the on-road embodiment of this ethos, the Maserati Boomerang concept car that preceded them took this style to the limit. Now, more than 40 years after it made its first appearance, this one-off automotive icon will be offered for sale by auction.
Pebble Beach might sell more million dollar cars, Villa d'Este might be more exclusive, but the Goodwood Festival of Speed is without a shadow of doubt, the largest celebration of motoring's heritage on Planet Earth. It is the only event which brings the world's greatest cars and drivers, past and present, and puts them in one place for an entire four day festival. The final ingredient in the FoS recipe which ensures it will be difficult to replicate, is that the cars and drivers, regardless of age, all get to put the pedal to the metal amidst it all.