The August 2018 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 August 2018 auctions and lots below:

The Pebble Beach Auctions – Gooding & Co.

 Pebble Beach, California

 August 24-25th

August 2018 Auctions

While 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 among classic car enthusiasts and collectors.

The 1935 Dussenberg SSJ, delivered new to Hollywood icon 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

August 2018 Auctions

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

August 2018 Auctions

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 dates for the August 2018 auctions:

AuctionAuction HouseCategoryStart DateEnd DateLocationURL
ComicsHeritageMemorabilliaAugust 2, 2018August 4, 2018Beverley Hills
Harrisburg 2018MecumLuxury carsAugust 2, 2018August 4, 2018Harrisburg
US CoinsHeritageComicsAugust 14, 2018August 20, 2018Philadelphia
World CoinsHeritageCoinsAugust 14, 2018August 17, 2018Philadelphia
CurrencyHeritageCoinsAugust 14, 2018August 17, 2018Philadelphia
The Collection of Melva Bucksbaum: Decorative Arts and DesignChristie'sFine Art and AntiquesAugust 16, 2018August 23, 2018Online
Summer Platinum Night Sports CollectiblesHeritageSportsAugust 18, 2018August 19, 2018Dallas
InteriorsChristiesFurnitureAugust 22, 2018August 22, 2018New York
Monterey 2018MecumLuxury carsAugust 23, 2018August 25, 2018Monterey
Monterey 2018Russo & SteeleLuxury CarsAugust 23, 2018August 25, 2018Monterey
The Pebble Beach AuctionsGooding & CoLuxury CarsAugust 24, 2018August 25, 2018California
Quail Lodge AuctionBonhamsLuxury CarsAugust 24, 2018August 24, 2018California
RM Sotheby's: MontereySothebysLuxury CarsAugust 24, 2018August 25, 2018Monterey
American & PoliticalHeritageMemorabilliaAugust 25, 2018August 26, 2018Dallas
Original Film Posters OnlineSothebysMemorabilliaAugust 28, 2018September 4, 2018Online
RM Sotheby's: Auburn FallSothebysLuxury CarsAugust 30, 2018September 2, 2018Auburn

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.