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If you need convincing people have too much money, you only need look at this year’s RM Sotheby’s Monterey auctions.
Monterey Car Week saw three days’ worth of cars go under the hammer in California last weekend and US$172.7m worth of metal sold for the auction house.
Of almost four hundred lots, 35 cars achieved million-dollar-plus price tags, but it’s what an anonymous collector received for their stunning ‘Pinnacle Portfolio’ car collection that shocked us.
With only 24 cars the Pinnacle Portfolio emptied US$75.4m from bidder’s pockets, or $103.4m Australian – a record auction amount for one vendor.
That means even though the Pinnacle Portfolio made up 6.6 per cent of the total car count, it accounted for more than 43.7 per cent of sale values.
What made this collection so stunningly expensive? Here are six jaw-dropping explanations…
And the rest of the Pinnacle Portfolio…
1960 Ferrari 250 GT SWB Berlinetta Competizione by Scaglietti, undisclosed
1994 Ferrari F40 LM, $3,300,000
1967 Ferrari 275 GTB/4 by Scaglietti, $3,300,000
1972 Ferrari 365 GTB/4 Daytona Spider by Scaglietti, $2,750,000
1971 Lamborghini Miura P400 SV by Bertone, $2,475,000
1985 Ferrari 288 GTO, $2,420,000
2012 Bugatti Veyron 16.4 Super Sport “300”, $2,310,000
2005 Maserati MC12, $2,090,000
1995 Ferrari F50, $1,980,000
2006 Bugatti Veyron 16.4 “001”, $1,815,000
2008 Lamborghini Reventón, $1,375,000
1988 Porsche 959 ‘Komfort’, $1,210,000
2008 Koenigsegg CCXR, $825,000
1967 Toyota 2000GT, $825,000
2005 Saleen S7 Twin Turbo, $682,000
1996 Porsche 911 Carrera RS 3.8, $550,000
2005 Mercedes-Benz SLR McLaren, $495,000
1993 Jaguar XJ220,$462,000
1974 Ferrari Dino 246 GTS,$368,500
1956 Porsche 356 A 1600 Speedster by Reutter, $330,000
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