August Auctions Go Car Crazy

August consistently ranks as the principal month of the year for classic car sales. Last year’s Monterey Car Week saw a certain Aston Martin crowned the most expensive British car ever at the increasingly legendary annual Pebble Beach auctions.

With a blockbuster line up of classics up for grabs, will 2018’s hottest month of car auctions produce even more surprises and excitement?

Discover the most anticipated auctions and lots below:

The Pebble Beach Auctions – Gooding & Co.
Pebble Beach, California
August 24-25th

1935 Dussenberg SSJ

 Whilst being a relatively new auction house, Gooding & Co ranks in the top classic car auctioneers in the world, and has produced countless memorable lots since its inception in 2003. The fast approaching Pebble Beach auction stands out as their most illustrious sale of the year.

Gooding & Co brags to be the official auction house of the world?renowned Pebble Beach Concours d’Elegance®. It is also the only auction held within the gates of the famed 17?Mile Drive, a feat that holds them in high regard amongst classic car enthusiasts and collectors.

The 1935 Dussenberg SSJ, delivered new to Hollywood ion Gary Cooper is sure to be a firm contender for top spot.

The example offered is one of only two models ever produced, and according to auto blog, Gooding & Co have estimated the Dussenberg will fetch over $10 million when it goes under the hammer.

Quail Lodge Auction – Bonhams
Carmel, California
August 24th

1962 Ferrari 250 GT SWB Berlinetta
Bonham’s will once again return to the beautiful Monterey Peninsula for its 21st annual Quail Lodge auction.

They will be looking to emulate 2017’s success after collecting $56 million total sales with a 90% success rate, proving this to be one of the largest and most respected automotive auctions of the year.

The 1962 Ferrari 250 GT SWB Berlinetta with Scaglietti-Design coachwork from legendary Pinin Farina will be a strong contender for top lot at this year’s Quail Lodge auction.

Although price estimates have not been released, expect a hefty price tag.

Monterey – RM Sotheby’s
Monterey, California
August 24-25th

1962 Ferrari 250 GTO

RM Sotheby’s is perhaps the most household name of all of the auction houses featured. After last year’s record-breaking Aston Martin sale, excitement continues to grow as RM Sotheby’s approaches its 30th consecutive year in Monterey.

This year RM Sotheby’s will be looking to once again alter the record books, as the 1962 Ferrari 250 GTO looks set to become the most expensive car ever offered at auction.

Considered the ‘golden years’ of Ferrari manufacture, this particular era has a seemingly infinite price limit for rare, collectable Ferrari 250 GTO’s.

This example is the third of only 36 models ever produced. It is a car that is steeped in racing history and offered in pristine condition, making it about as rare and desirable as it gets in the classic car market.

RM Sotheby’s have estimated the GTO will fetch over $45 million on the 24th August, which will surpass Bonhams’ current world record sale of another 1962 Ferrari 250 GTO for $38 million back in 2014.

Monterey Car Week never fails to entertain.

See below for the full list of August’s auction dates:

AuctionAuction HouseCategoryDateLocationURL
ComicsHeritageMemorabillia08/02/2018Beverley Hills
Harrisburg 2018MecumLuxury cars08/02/2018Harrisburg
US CoinsHeritageComics08/14/18Philadelphia
World CoinsHeritageCoins08/14/18Philadelphia
The Collection of Melva Bucksbaum: Decorative Arts and DesignChristie'sFine Art and Antiques08/16/18Online
Summer Platinum Night Sports CollectiblesHeritageSports08/18/18Dallas
InteriorsChristiesFurniture08/22/18New York
Monterey 2018MecumLuxury cars08/23/18Monterey
Monterey 2018Russo & SteeleLuxury Cars08/23/18Monterey
The Pebble Beach AuctionsGooding & CoLuxury Cars08/24/18California
Quail Lodge AuctionBonhamsLuxury Cars08/24/18California
RM Sotheby's: MontereySothebysLuxury Cars08/24/18Monterey
American & PoliticalHeritageMemorabillia08/25/18Dallas
Original Film Posters OnlineSothebysMemorabillia08/28/18Online
RM Sotheby's: Auburn FallSothebysLuxury Cars08/30/18Auburn

Related Blogs:
A Look Into the History of the McLaren P1

Celebrate 70 Years of Excellence by Choosing Your Favorite Ferrari

Gooding & Co.’s Pebble Beach Auction Set to Make Headlines

About the Author:

Jack is a freelance writer that focuses on luxury asset trends for Borro Private Finance.