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Monterey Auctions: The top ten sellers

The top ten biggest and brightest sellers from the Monterey week auctions.

Report: RM Auctions, Monterey

It has a busy week for the auction houses, with an impressive $ 260.3m-worth of cars sold; significantly up on 2011, which topped out at $ 197.5m.

The two most expensive cars to sell during the weekend were both from Gooding and Company. A 1936 Mercedes-Benz 540K Special Roadster (1), which sold for $ 11,770,000, and taking the number two spot was a 1960 Ferrari 250 GT California LWB Competizione Spyder (2) selling for $ 11,275,000.

RM’s top seller was the 1968 Ford GT40 Gulf/Mirage Coupe (3), which sold for $ 11,000,000 – making it not only the most expensive GT40, but also the most expensive American car ever sold at auction.

There was a strong showing of multi-million dollar Ferraris, including a rare covered-headlamp 1957 Ferrari 250 California GT SWB Spyder (4), which sold for $ 8,580,000, an $ 8,250,000 1955 Ferrari 410 S Berlinetta (5) and $ 6,710,000 1956 Ferrari 250 GT TdF Coupe (6) all from RM.

Goodings sold a 1957 Ferrari 250 GT California LWB Prototype Spyder for $ 6,600,000 (7), and 1955 Ferrari 857 Sport sold for $ 6,270,000 (8). Goodings also sold the 1928 Bentley Le Mans 4 1/2 Litre (9) for $ 6,050,000.

Mecum managed to sneak into the top ten, after a great result with the 1972 Porsche 917/10 Spyder (10), which ended up at $ 5,830,000.

Gooding and Company has the most cars in the top-ten this year, and throughout its auction sold $ 113.6M of cars, with an 89% sell-through rate, and an average sale price of $ 1,052,005. RM was a close second in the top ten, and sold $ 94.6m of cars, with an 88% sell-through rate, at an average sale price of $ 883,819.

Mecum managed to sell $ 30.7m, a 57% sell-through rate; Bonhams sold $ 12.8m with a 51% sell-through rate; Russo and Steele sold $ 8.6M and a 54% sell-through rate.

All prices are inclusive of taxes and buyer’s premiums.

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