This year in Monterey, there was some good and some less than good. We saw quite a few cars go unsold, but there were a number that met or exceeded their high estimate price. Some high-dollar Porsche lots were among those unsold, including the 550 Spyder, GT2 Evo, and both 962s. The 911 Carrera 2.7 RS Homologation car was withdrawn prior to the sale, so something funky happened there, but it’s unlikely we’ll ever hear the behind the scenes. However, we did see a first-time Porsche buyer jump into the big leagues; Mr. Adam Carolla purchased the ex-Newman Le Mans class winning 935, and he says he is going to race it. We couldn’t be happier that such an important car ended up with such a visible proponent of vintage racing, and he’s going to use it as intended to boot!
Gooding & Co.
This was a relatively healthy sale, and I was in the room for Saturday night to watch the 935 sell. It was an interesting room, as most everyone had left after the headlining Ferrari sold earlier in the day, but apparently the real enthusiasts stayed behind to check out the rest of the roster, as bidding was hot and fast on most lots. I’m fascinated by the sociology of bidding, and enjoy attending every year. I was only slightly surprised to see a half-million dollar final price for a 997 GT2 RS, the 959 was a comfortable (Komfortable?) sell at $1.3 million, and I was disappointed by the 550 Spyder’s inability to exceed $4 million in bids (it went unsold).
The 935 sale was interesting, as it was the first time I’ve ever seen a false bid entered and then retracted. One of the phone bidders had put in an additional bid on top of $4.4 million, but the phone agent had apparently acted too quickly, and the bidder did not want to make that bid. In the end, I’m convinced it went to the right guy, as he’ll actually use the car. I hope he takes it to Le Mans Classic at some point.
Another surprise was the sale of a 40 mile perfectly presented 964 Turbo Flachbau for just $1.1 million dollars. Over at Bonhams we saw a similarly well turned out car not meet reserve with bidding at $1.4 million dollars.
Total Porsches Sold: 13
Total Porsche Dollar Value: $10,223,400
Lot 010 – 1989 Porsche 911 Carrera 3.2L Clubsport
Pre Auction Estimate: $350,000 – 425,000
Realized: $330,000
Lot 013 – 2011 Porsche 911 (997) GT2 RS
Pre Auction Estimate: $550,000 – 650,000
Realized: $539,000
Lot 019 – 1988 Porsche 959 Komfort
Pre Auction Estimate: $1,300,000 – 1,500,000
Realized: $1,320,000
Lot 028 – 1995 Porsche 911 (993) Carrera 3.8 RS
Pre Auction Estimate: $400,000 – 500,000
Realized: $363,000
Lot 038 – 1973 Porsche 911 Carrera 2.7L RS Homologation
Pre Auction Estimate: $1,300,000 – 1,500,000
Realized: This lot was withdrawn.
Lot 042 – 1958 Porsche 550A Spyder
Pre Auction Estimate: $5,000,000 – 6,000,000
Realized: No Sale
Lot 045 – 1994 Porsche 911 (964) Turbo 3.6 Flachbau
Pre Auction Estimate: $1,400,000 – 1,800,000
Realized: $1,100,000
Lot 057 – 1956 Porsche 356A 1500 GS Carrera Dean Jeffries Custom Coupe
Pre Auction Estimate: $550,000 – 750,000
Realized: No Sale
Lot 060 – 1979 Porsche 935 Sebring/Daytona/Le Mans Winner
Pre Auction Estimate: $4,500,000 – 5,500,000
Realized: $4,840,000
Lot 070 – 1997 Porsche 911 (993) Turbo S
Pre Auction Estimate: $525,000 – 575,000
Realized: No Sale
Lot 072 – 1976 Porsche 911 (930) Carrera Turbo 3.0L
Pre Auction Estimate: $200,000 – 250,000
Realized: $258,500
Lot 081 – 1956 Porsche 356A Speedster
Pre Auction Estimate: $400,000 – 500,000
Realized: $467,500
Lot 102 – 1955 Porsche 356 Pre-A Speedster
Pre Auction Estimate: $350,000 – 425,000
Realized: No Sale
Lot 107 – 1974 Porsche 911 Carrera 2.7L MFI
Pre Auction Estimate: $225,000 – 275,000
Realized: $203,500
Lot 116 – 1975 Porsche 911S 2.7L Coupe
Pre Auction Estimate: $60,000 – 80,000
Realized: $73,700
Lot 131 – 2011 Porsche 911 (997) Speedster
Pre Auction Estimate: $275,000 – 325,000
Realized: $280,500
Lot 139 – 1959 Porsche 356 Convertible D
Pre Auction Estimate: $325,000 – 375,000
Realized: $324,500
Lot 141 – 1984 Porsche 911 SC/RS Rothmans
Pre Auction Estimate: $1,400,000 – 1,800,000
Realized: No Sale
Lot 151 – 1995 Porsche 911 (964) America Roadster
Pre Auction Estimate: $140,000 – 180,000
Realized: $123,200
RM Sotheby’s
Just three Porsches to report on from RM this year, which is a new low for them. I’m not sure if they just weren’t focused on the Porsche market this year, or if everyone chose to consign elsewhere intentionally, but this is a poor showing for the P-car market. Granted, RM sold the two most expensive lots of the weekend, so they aren’t hurting for attention these days, and they did have a 100% buy-in rate on the Porsche lots they sold, so take the wins with the losses, I suppose. Nothing really exciting to talk about here.
Total Porsches Sold: 3
Total Porsche Dollar Value: $1,304,000
Lot 105 – 1977 Porsche 911 (930) Turbo Carrera 3.0L
Pre Auction Estimate: $250,000 – 325,000
Realized: $275,000
Lot 143 – 1956 Porsche 356A 1600 Speedster
Pre Auction Estimate: $400,000 – 450,000
Realized: $380,000
Lot 247 – 2004 Porsche Carrera GT
Pre Auction Estimate: $650,000 – 700,000
Realized: $649,000
Bonhams
Of Bonhams’ 10 Porsche lots, two of them were no-sale pieces, but they were big ones. The ’65 911 appeared well turned out, and was probably worth bidding on if you believe the market isn’t headed for a crash (I’m an optimist, so I say keep buying!). It was the Flachbau that really surprised here, as the bidding soared to a whopper of a price at $1.4 million before it went unsold.
Total Porsches Sold: 8
Total Porsche Dollar Value: $2,548,500
Lot 4 – 1973 Porsche 911S 2.4L Coupe
Pre Auction Estimate: $180,000 – 220,000
Realized: $132,000
Lot 5 – 2005 Porsche Carrera GT
Pre Auction Estimate: $600,000 – 750,000
Realized: $638,000
Lot 12 – 1964 Porsche 356C Coupe
Pre Auction Estimate: $70,000 – 90,000
Realized: $121,000
Lot 18 – 1965 Porsche 911 2.0 Coupe
Pre Auction Estimate: $200,000 – 250,000
Realized: No Sale
Lot 20 – 1976 Porsche 911 (930) Turbo 3.0L
Pre Auction Estimate: $180,000 – 240,000
Realized: $132,000
Lot 39 – 1974 Porsche 911 Carrera RS 3.0L
Pre Auction Estimate: $375,000 – 525,000
Realized: $440,000
Lot 52 – 1956 Porsche 356A Carrera GS Speedster
Pre Auction Estimate: $800,000 – 1,100,000
Realized: $891,000
Lot 55 – 1973 Porsche 911T 2.4L Targa
Pre Auction Estimate: $90,000 – 110,000
Realized: $82,500
Lot 62 – 1991 Porsche 911 (964) Turbo 3.3L
Pre Auction Estimate: $120,000 – 145,000
Realized: $112,000
Lot 70 – 1994 Porsche 911 (964) Turbo 3.6L Flachbau
Pre Auction Estimate: No Estimate Provided
Realized: No Sale
Mecum
The big story here is Carrera GT. There were 5 CGTs for sale in Monterey this weekend, and three of them were at Mecum. One was a no-sale. One sold at $610,000 (about on par with the one at Bonhams and the one at RM Sotheby’s). The final Porsche Supercar sold at a whopping $1.05 million dollars. It was a 152 mile car, and it’s clearly been pampered since new, but so were the other cars, and they had between one and two thousand miles. Is the slight lack of mileage worth an additional four hundred grand? I guess so.
As I recall, this is the third time we’ve seen the Dyson Racing 962 come up for sale in recent years, and the third time it’s continued on unsold. I’m not sure why the car is seen as such a pariah in the community, but nobody seems to want to own it. I would love to store it for them for a while, if they need a place to put it, I suppose.
There were a LOT of no-sale lots in this auction, as is to be expected. In this case, their hit rate was well below 50%, which is pretty bad in the Porsche world, even by Mecum standards. Not sure why they couldn’t get the buyers in the room, but I think they need to work on that for next year.
Total Porsches Sold: 33
Total Porsche Dollar Value: $6,057,000
Lot T65.1 1990 Porsche 911 Carrera Cabriolet
Realized: No Sale
Lot T80.1 – 1979 Porsche 928 5-speed
Realized: $35,000
Lot T87 – 1979 Porsche 911 (930) Turbo 3.3L Sunroof
Realized: $80,000
Lot T105.1 – 1997 Porsche 911 Carrera 4S
Realized: $81,000
Lot T107.1 – 1989 Porsche 911 Carrera 3.2 Targa
Realized: No Sale
Lot T116 – 1976 Porsche 911S 3.0L Coupe
Realized: No Sale
Lot T130.1 – 1978 Porsche 911 (930) Turbo Slant Nose
Realized: No Sale
Lot T137 – 1998 Porsche 911 Carrera 2 Cabriolet
Realized: $59,000
Lot T140 – 1996 Porsche 911 Carrera 2
Realized: No Sale
Lot T162 – 1967 Porsche 912
Realized: No Sale
Lot T169 – 1976 Porsche 911 Turbocharged 3.4L Bisimoto
Realized: No Sale
Lot T185 – 1977 Porsche 911 Turbo
Realized: No Sale
Lot T187 – 1971 Porsche 911 “934 Replica”
Realized: No Sale
Lot T198 – 1993 Porsche 911 RS America
Realized: No Sale
Lot T199 – 1989 Porsche 944 2.7L
Realized: No Sale
Lot T205 – 2010 Porsche 911 GT3
Realized: No Sale
Lot T215 – 1979 Porsche 911 Turbo
Realized: No Sale
Lot T238 – 1972 Porsche 911S Coupe
Realized: No Sale
Lot F13 – 1982 Porsche 911SC Targa
Pre Auction Estimate: $45,000 – 60,000
Realized: $35,000
Lot F22 – 1996 Porsche 911 (993) Turbo
Pre Auction Estimate: $180,000 – 200,000
Realized: No Sale
Lot F31 – 1978 Porsche 911 Carrera RS Replica
Pre Auction Estimate: $70,000 – 80,000
Realized: No Sale
Lot F38 – 1969 Porsche 911T 2.0L Targa
Pre Auction Estimate: $90,000 – 110,000
Realized: No Sale
Lot F50 – 2010 Porsche Panamera S
Pre Auction Estimate: $55,000 – 70,000
Realized: No Sale
Lot F60 – 1987 Porsche 911 Carrera Cabriolet
Pre Auction Estimate: $80,000 – 100,000
Realized: No Sale
Lot F64 – 1962 Porsche 356B-T6 Super 90 Coupe
Pre Auction Estimate: $70,000 – 95,000
Realized: No Sale
Lot F65 – 1974 Porsche 911 2.7L Coupe
Pre Auction Estimate: $140,000 – 160,000
Realized: No Sale
Lot F66 – 1978 Porsche 911SC Coupe
Pre Auction Estimate: $80,000 – 100,000
Realized: $50,000
Lot F75 – 1973 Porsche 911T 2.4L Targa
Pre Auction Estimate: $115,000 – 130,000
Realized: No Sale
Lot F76 – 1988 Porsche 911 (930) Turbo 3.3L
Pre Auction Estimate: $225,000 – 245,000
Realized: No Sale
Lot F78 – 1967 Porsche 911 2.0L Coupe
Pre Auction Estimate: $100,000 – 130,000
Realized: $72,000
Lot F80 – 1981 Porsche 911 (930) Turbo 3.3L
Pre Auction Estimate: $125,000 – 160,000
Realized: No Sale
Lot F81 – 1997 Porsche 911 (993) Carrera 4S
Pre Auction Estimate: $120,000 – 140,000
Realized: No Sale
F98.1 – 1988 Porsche 911 Carrera 3.2 Coupe
Pre Auction Estimate: No Estimate Provided
Realized: $68,000
Lot F109 – 1998 Porsche 911 (993) Carrera 4 Cabriolet
Pre Auction Estimate: $75,000 – 90,000
Realized: No Sale
Lot F113 – 1997 Porsche 911 (993) Turbo
Pre Auction Estimate: $150,000 – 185,000
Realized: No Sale
Lot F117 – 1970 Porsche 914-6
Pre Auction Estimate: $120,000 – 130,000
Realized: $112,500
Lot F118 – 1994 Porsche 911 Speedster
Pre Auction Estimate: $135,000 – 165,000
Realized: No Sale
Lot F124 – 2011 Porsche 911 (997) GT3 RS
Pre Auction Estimate: $215,000 – 245,000
Realized: $165,000
Lot F129 – 1973 Porsche 911S 2.4L Targa
Pre Auction Estimate: $200,000 – 250,000
Realized: No Sale
Lot F133 – 2005 Porsche Carrera GT
Pre Auction Estimate: $700,000 – 800,000
Realized: No Sale
Lot F140 – 1986 Porsche 911 (930) Turbo 3.3L
Pre Auction Estimate: $150,000 – 175,000
Realized: $135,000
Lot F148 – 1988 Porsche 911 (930) Turbo Slant Nose Cabriolet
Pre Auction Estimate: $155,000 – 175,000
Realized: $130,000
Lot F184 – 1996 Porsche 911 (993) Carrera 4S
Pre Auction Estimate: $90,000 – 120,000
Realized: No Sale
Lot F185 – 1989 Porsche 911 (930) Turbo 3.3L Cabriolet
Pre Auction Estimate: $140,000 – 160,000
Realized: No Sale
Lot F189 – 1993 Porsche 911 (964) RS America
Pre Auction Estimate: $100,000 – 125,000
Realized: $73,000
Lot S15 – 1991 Porsche 911 (964) Turbo 3.3L
Pre Auction Estimate: $110,000 – 140,000
Realized: No Sale
Lot S19 – 1978 Porsche 911 (930) Turbo 3.3L
Pre Auction Estimate: $250,000 – 300,000
Realized: No Sale
Lot S27 – 1965 Porsche 356SC Coupe
Pre Auction Estimate: $200,000 – 250,000
Realized: No Sale
Lot S28 – 1996 Porsche 911 (993) Turbo
Pre Auction Estimate: $175,000 – 190,000
Realized: No Sale
Lot S29 – 1668 Porsche 911 2.4L Targa
Pre Auction Estimate: $150,000 – 200,000
Realized: $52,000
Lot S40 – 1980 Porsche Bisimoto 911 BR 3.6L Backdate
Pre Auction Estimate: $135,000 – 175,000
Realized: $82,500
Lot S42 – 1994 Porsche 911 (964) Turbo 3.6L
Pre Auction Estimate: $180,000 – 225,000
Realized: $195,000
Lot S47 – 1972 Porsche 911E 2.4L Targa
Pre Auction Estimate: $185,000 – 225,000
Realized: $172,000
Lot S60 – 1964 Porsche 356SC Coupe
Pre Auction Estimate: $125,000 – 150,000
Realized: $95,000
Lot S62 – 1960 Porsche 356B-T5 Roadster
Pre Auction Estimate: $185,000 – 200,000
Realized: No Sale
Lot S65 – 1955 Porsche 356 Speedster
Pre Auction Estimate: $350,000 – 400,000
Realized: $370,000
Lot S68 – 1989 Porsche 911 Speedster
Pre Auction Estimate: $195,000 – 235,000
Realized: No Sale
Lot S74 – 2005 Porsche Carrera GT
Pre Auction Estimate: $1,100,000 – 1,400,000
Realized: $1,050,000
Lot S75 – 1974 Porsche 911 Carrera 2.7L Targa
Pre Auction Estimate: $110,000 – 130,000
Realized: $87,000
Lot S76 – 1996 Porsche 911 GT2 Evo
Pre Auction Estimate: $1,250,000 – 1,750,000
Realized: No Sale
Lot S85 – 2012 Porsche 911 (997) GT3 Cup 4.0 Brumos Edition
Pre Auction Estimate: $400,000 – 500,000
Realized: No Sale
Lot S86 – 2012 Porsche 911 Carrera GTS B59 Brumos Edition
Pre Auction Estimate: $175,000 – 225,000
Realized: No Sale
Lot S87 – 2011 Porsche 911 (997) GT3 RS 4.0
Pre Auction Estimate: $500,000 – 600,000
Realized: $550,000
Lot S88 – 2007 Porsche 911 (997) GT3 RS
Pre Auction Estimate: $200,000 – 275,000
Realized: $225,000
Lot S89 – 2011 Porsche 911 (997) Speedster
Pre Auction Estimate: $350,000 – 450,000
Realized: No Sale
Lot S90 – 2004 Porsche Carrera GT
Pre Auction Estimate: $700,000 – 900,000
Realized: $610,000
Lot S93 – 1954 Porsche 356 Pre-A Speedster
Pre Auction Estimate: $375,000 – 425,000
Realized: No Sale
Lot S94 – 1967 Porsche 911 “Deluxe RS”
Pre Auction Estimate: $275,000 – 325,000
Realized: No Sale
Lot S96 – 2004 Ruf RGT RS
Pre Auction Estimate: $175,000 – 225,000
Realized: $175,000
Lot S97.1 – 1997 Porsche 911 (993) Turbo S
Pre Auction Estimate: $425,000 – 525,000
Realized: No Sale
Lot S105 – 1965 Porsche 911 2.0L
Pre Auction Estimate: $160,000 – 200,000
Realized: No Sale
Lot S109 – 1973 Porsche 911T 2.4L Coupe
Pre Auction Estimate: $175,000 – 200,000
Realized: No Sale
Lot S112 – 2015 Porsche 918 Spyder Weissach Package
Pre Auction Estimate: $1,900,000 – 2,300,000
Realized: No Sale
Lot S116 – 1989 Porsche 911 (930) Turbo 3.3L Cabriolet
Pre Auction Estimate: $325,000 – 375,000
Realized: No Sale
Lot S120 – 1965 Porsche 912 Prototype
Pre Auction Estimate: $950,000 – 1,200,000
Realized: No Sale
Lot S124 – 1989 Porsche 962-108
Pre Auction Estimate: $1,800,000 – 2,500,000
Realized: No Sale
Lot S126 – 1988 Porsche 911 (930) Turbo Slant Nose Coupe
Pre Auction Estimate: $250,000 – 325,000
Realized: No Sale
Lot S127 – 1987 Porsche 959 Komfort
Pre Auction Estimate: $1,100,000 – 1,300,000
Realized: No Sale
Lot S130 – 1979 Porsche 911 (930) Turbo 3.3L
Pre Auction Estimate: $150,000 – 180,000
Realized: No Sale
Lot S131.1 – 1979 Porsche 911 (930) Turbo 3.3L
Pre Auction Estimate: $450,000 – 550,000
Realized: $360,000
Lot S132 – 1986 Porsche 962-122 Dyson Racing
Pre Auction Estimate: $1,000,000 – 1,200,000
Realized: No Sale
Lot S133 – 1969 Porsche 911E Soft Window Targa
Pre Auction Estimate: $145,000 – 175,000
Realized: No Sale
Lot S137 – 1974 Porsche 911 Carrera
Pre Auction Estimate: $160,000 – 200,000
Realized: No Sale
Lot S140 – 1989 Porsche 911 (930) Turbo 3.3L Cabriolet Slant Nose Andial
Pre Auction Estimate: $225,000 – 250,000
Realized: No Sale
Lot S142 – 2008 Porsche 911 (997) GT3 RS
Pre Auction Estimate: $285,000 – 315,000
Realized: $280,000
Lot S144 – 2007 Porsche 911 (997) GT3 RS
Pre Auction Estimate: $175,000 – 200,000
Realized: $160,000
Lot S150 – 1994 Porsche 911 (964) Speedster
Pre Auction Estimate: $285,000 – 325,000
Realized: $205,000
Lot S151 – 1965 Porsche 356C Coupe
Pre Auction Estimate: $175,000 – 210,000
Realized: $63,000
Lot S162 – 1992 Porsche 911 (964) Carrera Cabriolet
This car is poorly listed by Mecum, in actuality it is a 964 America Roadster.
Pre Auction Estimate: $150,000 – 175,000
Realized: $90,000
Lot S163 – 1975 Porsche 911S 2.7L Targa
Pre Auction Estimate: $60,000 – 70,000
Realized: $40,000
Lot S168 – 1997 Porsche 911 Carrera 4S
Pre Auction Estimate: $150,000 – 180,000
Realized: No Sale
Lot S172 – 1977 Porsche 911S 2.7L Coupe
Pre Auction Estimate: $65,000 – 85,000
Realized: No Sale
Lot S174 – 1975 Porsche 911 Carrera 2.7L
Pre Auction Estimate: $125,000 – 150,000
Realized: $100,000
Lot S176 – 1998 Porsche 911 (993) Carrera Cabriolet
Pre Auction Estimate: $80,000 – 100,000
Realized: No Sale
Russo & Steele
Total Porsches Sold: Coming Soon as they have not yet published their numbers
Total Porsche Dollar Value: Coming Soon
Lot 7029 – 1957 Porsche 356A Speedster
Realized: Coming Soon
Lot 7071 – 1977 Porsche 911 (930) Turbo 3.0L
Realized: Coming Soon
Lot 7022 – 1989 Porsche 911 Carrera 3.2 “Art Car”
Realized: Coming Soon
Lot 7021 – 1989 Porsche 911 Carrera 3.2 “Art Car”
Realized: Coming Soon
Lot 7073 – 1979 Porsche 911 (930) Turbo 3.3L
Realized: Coming Soon
Lot 7072 – 1979 Porsche 911 (930) Turbo 3.3L Euro-spec
Realized: Coming Soon
Lot 7042 – 1991 Porsche 911 (964) Turbo 3.3L
Realized: Coming Soon
Lot 7039 – 1986 Porsche 911 Turbo (930) 3.3L
Realized: Coming Soon
Lot 7058 – 1976 Porsche 911S Cabriolet Conversion W/ Strosek Kit
Realized: Coming Soon
Lot 7076 – 1995 Porsche 911 (993) Carrera Cabriolet
Realized: Coming Soon
Lot 7026 – 1974 Porsche 911S Targa
Realized: Coming Soon
Lot 7025 – 1974 Porsche 911 Coupe “Carrera RS Replica”
Realized: Coming Soon
Lot 7078 – 1971 Porsche 911T 2.4L “Survivor”
Realized: Coming Soon