We've analysed every single sale across the 513 cars RM Sotheby's, Bonhams, Broad Arrow and Gooding & Co sold to find the cars that reached the lowest ever price seen for that model.
Whilst we saw 58 world records across the three days, we also saw 19 cars deliver the lowest ever price seen for that model - that's 4% of all lots that sold.
When you look across where those lowest prices came from by auction house, Broad Arrow led the way both in terms of number of lowest prices and viewing that as a percentage of the number of cars they sold. The breakdown is as follows:
Bonhams - 2 Cars (3% of all lots sold)
Broad Arrow - 8 Cars (6% of all lots sold)
Gooding & Co - 5 Cars (4% of all lots sold)
RM Sotheby's - 4 Cars (2% of all lots sold)
Although the dominating decades to deliver the lowest ever prices were the 1910s to 1930s it's slightly misleading. Let us explain.
107 cars sold from those decades and of those 11 made the lowest ever prices seen for that model - that's 10% of cars that sold from those decades.
However, the majority of those cars had very few previous examples that had sold, the majority only had two so the data should be taken with a pinch of salt.
Number of World Records
Number of Sold Cars Overall
% of Lots Sold That Were Records
Here are the 19 lowest prices ever seen for the respective models that came out of Monterey Car Week 2023:
1911 Peugeot Bébé Type BP1 - Sold by Broad Arrow for $5,600
1934 Alfa Romeo 6C 2300 - Sold by Bonhams for $190,400
1936 Cord 810 Cabriolet 'Sportsman' - Sold by Gooding & Co for $106,400
1937 Delage D8 - 120 Chapron Cabriolet - Sold by Broad Arrow for $434,000
1939 Talbot-Lago T150 C Conduite Intérieure d’Usine - Sold by Broad Arrow for $257,600
1953 Cunningham C-3 Vignale Coupe - Sold by Broad Arrow for $610,000
1963 Citroën 2CV Sahara 4x4 - Sold by Broad Arrow for $67,200
1965 Citroën DS 21 Chapron Concorde - Sold by Broad Arrow for $78,400
1992 Lancia Delta HF Integrale Evoluzione 'Martini 6' - Sold by RM Sotheby's for $117,600
2020 McLaren Speedtail - Sold by RM Sotheby's for $2,315,000
The below models all have a one or two previous sales so should be taken with caution, but remain the lowest ever prices seen for that model
1913 Renault Type DP 22/24 Coupe-Chauffeur - Sold by Gooding & Co for $78,400
1916 Locomobile Model 38 Custom Roadster - Sold by Gooding & Co for $117,600
1924 Rolls-Royce Silver Ghost Newmarket Brewster & Co Convertible Sedan - Sold by Broad Arrow for $89,600
1928 Isotta Fraschini 8A S Landaulet - Sold by Gooding & Co for $467,000
1932 Stutz DV-32 Weymann Super Bearcat - Sold by Broad Arrow for $731,000
1937 Bugatti Type 57 SC Tourer - Sold by RM Sotheby's for $5,395,000
1951 Ferrari 212 Export Barchetta - Sold by Bonhams for $3,900,000
1964 Shelby Cooper T61M 'King Cobra' - Sold by Gooding & Co for $533,000
1992 Porsche 968 Turbo S Prototype - Sold by RM Sotheby's for $516,500
It took us over 13 hours to pull together all the Monterey analysis so if you enjoyed it, please sign up to our newsletter here to be the first to receive these insights and more.
Feel free to share it with a friend, too!
Till next year...