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— Collectibles

14 "Million Dollar Cars" sell at six auctions in eight days

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.

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— Automotive Feature

Monterey Car Week Auctions: The cars that fetched more than a million

The Monterey Car Week auctions have come and gone, and the analysts are still trying to sort through the numbers to figure out what they mean. There were more auctions and more cars presented this year than ever before, and the two biggest collectible car auction houses (RM Sotheby's and Gooding & Co.) grew sales considerably year-on-year, but the overall gross take for the combined auctions comes in within a few dollars of last year's record numbers. Like all those who ply the trade as buyers or sellers, the market appears stronger at the top end and slightly softer in the middle.

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— Automotive

A look back at the Concorso d’Eleganza Villa d’Este

The Concorso d’Eleganza Villa d’Este and the accompanying Villa Erba auction put on yet another spectacular show at the weekend, with 11 cars selling for more than a million dollars, 34 of the 39 lots on offer sold, and an average sale price of $880,000 per car. While the auction was spectacular, the three day show across the adjacent villas was beyond spectacular in every respect, with the finest of Europe's vast automotive heritage on display.

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— Collectibles

Amelia Island Concours d'Elegance Auctions Preview

One of a handful of motoring events that attracts one of the most commercially-desirable audiences of high net worth individuals in the world, Gizmag looks at what to expect at the Amelia Island Concours d'Elegance and surrounding auctions. Buckminster Fuller's Dymaxion car, Marlene Dietrich's Rolls Royce, plus 37 cars we think are capable of achieving a million dollars or more when they cross the auction block. What's more, you can watch the auctions on the internet for free. Captivating entertainment for enthusiasts. Read More
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