Classic Car Sales Top $300 Million

© Perry Stern, Automotive Content Experience© Perry Stern, Automotive Content Experience
High Rollers
Every third week in August classic car enthusiasts descend on the Monterey Peninsula in California to experience a variety of exciting car events, anchored by the prestigious Pebble Beach Concours d’Elegance. Many of those attending see the week as an opportunity to divest some of their rolling stock and/or acquire something new. And there’s plenty of opportunity for these types of transactions at the five car auctions held throughout Monterey Car Week. Headlined by auctions from Gooding & Co and RM Sotheby’s, more than 700 cars, trucks and motorcycles were sold over four days of auction action. The experts at Hagerty Insurance report that overall sales were down compared to 2015 — both in quantity and total value — however, the average sale price through the long weekend came in at almost $500,000. What follows are the 15 vehicles that commanded the highest prices during the 2016 Monterey car auctions.

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