ON THE BLOCK
Hagerty Insurance CEO McKeel Hagerty expects the total cull from this weekend’s auction to reach US$370 million. All told, six major auction houses will dominate headlines; Gooding & Co., RM Sotheby’s, and Bonhams will sell the bulk of the blue-chip models. Here’s a look at what’s due to come across the block:
Gooding & Co.
Gooding will offer 160 cars, 36 of which exceed US$1 million in estimated value. Top estimates include the 1959 Ferrari 250 GT Spider Competizione at US$20 million, and the 1960 Ferrari 250 GT SWB Berlinetta Competizione at US$18 million.
When: 4 p.m. Saturday, Aug. 20; 6 p.m. Sunday, Aug. 21
Where: 17-Mile Drive, Pebble Beach Resort
Tickets: US$40
RM Sotheby’s
This auction will sell perhaps the pre-eminent Jaguar in the world, a 1955 Jaguar D-Type that won the 24 Hours of Le Mans and is expected to fetch US$25 million. RM Sotheby’s will also sell a 1964 Shelby 289 “Competition” Cobra CSX 2473 and a 1939 Alfa Romeo 8C 2900 Lungo Spider, which are expected to elicit $2 million and US$25 million from the lucky top bidders.
When: 7 p.m. Friday, Aug. 19; 7 p.m. Saturday, Aug. 20
Where: Portola Hotel & Spa, Pebble Beach, Calif.
Tickets: US$40
Bonhams
The auction house is selling a 1931 Bugatti Type 51 Grand Prix Racing Two-Seater and a 1955 Lancia Aurelia B24S Spider America. Each will likely sell for more than $1 million.
When: 11 a.m. Friday, Aug. 19 Where: Quail Lodge & Golf Club; Carmel, Calif.
Tickets: US$150 for two, includes auction catalogue