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RM 2014 Monterey Sale - Ferrari Auction Sales


#1

RM Auctions made waves with its 2013 Monterey auction by selling $125M in cars, led by the $27.5M 1967 Ferrari 275 GTB/4*S NART Spyder. The numbers were so gaudy, in fact, that some observers questioned whether they would ever be able to top the event. RM doubled down on Ferrari in 2014 and managed to bring together a broad assortment of examples from the marque, comprising nearly 25% of the sale. The strategy paid off as total sales grew by 15% to $143.3M and the sell-through rate improved to 91% (from 88% in 2013). Eleven more cars were offers, and while the average sale price dipped by a nominal 0.7%, the median price jumped by 27%. All told, the sale was a success by just about every measure.


This is a companion discussion topic for the original entry at https://www.hagerty.com/articles-videos/articles/2014/08/26/2014-rm-monterey