RM Sotheby’s Top Ten Auction Sales 2018

RM Sotheby's
RM Sotheby's Top Ten Auction Sales 2018 - ©RM Sotheby's

RM Sotheby’s top ten auction sales 2018.

RM Sotheby’s can move into the 2019 season empowered by the knowledge they sold six of the top ten most valuable cars ever at an auction.

A total of 3,300 lots sold across 13 auctions in 4 countries, reflected a staggering 84% overall sell-through rate, with bidders coming from over 58 countries.

An incredible 68 lots were sold for price tag in excess of US$1 million, proving the market is buoyant and holding its own globally.

LED BY MOST VALUABLE CAR EVER SOLD AT AUCTION: $48.4 MILLION 1962 FERRARI 250 GTO

  • Ferrari 250 GTO sold at RM Sotheby’s 2018 Monterey auction becomes most valuable car sold at auction in 2018 and most valuable car ever sold at auction
  • RM Sotheby’s holds top Ferrari, Porsche, Aston Martin, and Mercedes-Benz sales for 2018

1. 1962 Ferrari 250 GTO $48,405,000 (Monterey)
The most valuable car ever sold at auction
2. 1956 Ferrari 290 MM $22,005,000 (Petersen Automotive Museum)
One of the top ten most valuable cars ever sold at auction
3. 1963 Aston Martin DP215 Grand Touring Competition Prototype $21,455,000 (Monterey)
Most valuable Aston Martin sold at auction in 2018
4. 1966 Ford GT40 Mk II $9,795,000 (Monterey)
Most valuable Ford sold at auction in 2018
5. 1985 Porsche 959 Paris-Dakar $5,945,000 (Porsche 70th Anniversary)
Most valuable Porsche sold at auction in 2018 and a world record for a Porsche 959
6. 1957 Porsche 550A Spyder $4,900,000 (Monterey)
One of the top ten most valuable Porsches ever sold at auction
7. 1956 Maserati A6G/2000 Berlinetta $4,515,000 (Monterey)
A new world record for the model at auction
8. 1998 Mercedes-Benz AMG CLK GTR $4,515,000 (Monterey)
A new world record for the model at auction
9. 2017 Bugatti Chiron $4,138,068 (Paris)
A world record price for the model at auction
10. 1934 Packard Twelve Individual Custom Convertible Victoria $3,745,000 (Monterey)
One of the most valuable and most significant Packards ever sold at auction
RM Sotheby's
RM Sotheby’s Top Ten Auction Sales 2018 – ©RM Sotheby’s

Kenneth Ahn, President, RM Sotheby’s said:
“2018 proved to be an outstanding year for RM Sotheby’s despite the subdued conditions in the collector car market.
“RM Sotheby’s maintained market leadership as the largest collector car auction house by total sales and saw strong activity in the high end of the market, as we sold 68 collector cars for over $1 million each, for a combined value of more than $222 million (approx. 52 percent of our total sales); we also maintained our position as number one auction house in $1 million+ cars by both total sales and the number of cars sold. 

“As illustrated by our top ten results, prices for rare, high-quality cars have been exceptionally strong across several segments of the market, from blue-chip racing and touring cars of the 1950s and 60s, to great American Classics and modern supercars.

“After two consecutive years of declining average prices for collector cars sold across global auction houses, we have witnessed a stabilization in the pricing environment and solid market fundamentals, including strong industry-wide total sales and sell-through rates, in 2018.  Further, the higher end of the market has been exceptionally strong for us, and our new Private Sales Division achieved total sales of more than $150 million –a result well beyond our expectations.

“We at RM Sotheby’s are optimistic about the collector car market heading into 2019, as we look forward to expanding into new regions as well as expanding our offerings across a growing global client base. We are grateful for our clients around the globe who have entrusted us in buying and selling some of the best motor cars in the world.”

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