Coming off a record $220 million result in 2022, RM Sotheby’s returned to Monterey for its annual three-day auction, selling 174 lots for a grand total of $164 million. Though a down year, it was still a good one, going into the books as the third most successful Monterey sale in the company’s history.
One highlight of the sale was the much talked about “Lost & Found Collection,” 20 derelict Ferraris that had been stashed in a Florida barn that was hit by Hurricane Charley in 2004. Still showing their storm damage, the cars were displayed at the rear of the Portola Hotel and Spa, arranged amid faux rubble. Offered without reserve, the cars brought a total of $16.7 million, with a 1965 Ferrari 275 GTB/6C Alloy by Scaglietti topping the list at $3.3 million.
The top seller of the three days was a 1957 Jaguar XKSS, which brought $13.2 million. Rounding out the top five were a 1959 Ferrari 410 Superamerica Coupe Series III by Pinin Farina, at $6.6 million; a 1967 Ferrari 275 GTB/4 by Scaglietti, at $5.4 million; a 1937 Bugatti Type 57SC Tourer by Corsica, at $5.4 million;
