The Monaco auctions complimented by the famous Formula 1 Monaco Grand Prix were a mixed bag of success and tepid results (mostly due to reserves, not quality of cars).
There was no lack of quality cars on display in Monaco this past weekend as the Principality hosted by all accounts an enormously fun and no pun intended, eventful week leading up to the weekend auctions. Immediately standing out was a strong 300SL Roadster sale at $1.4M+ of a drum brake HK restored example at Bonhams event as the model remains a bellwether of the general health of the market…in this case an indication of robust health. It seems a “beating the dead horse” commentary at this point, but the market maturation continues and the stratification of values is further refined as the knowledge base of the collector car consumer grows (continued props to the internet, yay google).
Less and less mediocre cars are able to ride the coattails of better but similar examples and the beat goes on as we head towards Monterey in several months. Below you will find the normal full lot links and featured lot picks by Scott…
FULL LOT LINKS
Bonhams
RM Sotheby’s
RM Sotheby’s – Monte Carlo, MONACO
2018 Featured Lots
Other Mercedes-Benz Lots
Bonhams – The Monaco Sale
‘LES GRANDES MARQUES À MONACO’
2018 Featured Lots
Scott Grundfor Company has a wealth of experience and expertise in all facets of the classic car market, specializing in high-end collectibles and vintage Mercedes-Benz 300SL Gullwings and Roadsters.
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