The Auction Block Queen, the 1957 Ferrari Testa Rossa Prototype

Top Auction Collector Cars Bring Multimillion Dollars

Defying the global economic recession, the Paris Retromobile and Arizona Auction Week close their doors bringing the first astronomical numbers. We can only imagine how some companies would dream of seeing such numbers in their balance sheets.

Looking at the numbers of collector cars sold recently, it would be easy to think there is no recession. Yet, a closer look will reveal tell-tell signs that buyers are in a hold and wait pattern, while the rest will only buy top of the line investments.

So far, we are witnessing a predictable Ferrari, while a fascinating climb for Duesenberg models mark the first American classic to eclipse the 1965 Shelby Daytona Cobra Coupe.

The Numbers.
1. 1957 Ferrari 250 Testa Rossa Prototype, Gooding Pebble Beach, August 2011, $16,390,000
2. 1957 Ferrari 250 Testa Rossa, RM Auctions Ferrari, May 2009, $12,402,500
3. 1961 Ferrari 250 GT SWB California Spyder, RM Auctions Ferrari, May 2008, $10,894,000
4. 1931 Duesenberg Model J Whittell Coupe, Gooding Pebble Beach, August 2011, $10,340,000
5. 1931 Bugatti Royale Type 41, Christie’s London, November 1987, $9,800,000
6. 1937 Mercedes-Benz 540K Special Roadster, RM Auctions Monterey, August 2011, $9,680,000
7. 1962 Ferrari 330 TR/LM, RM Auctions Ferrari, May 2007, $9,281,250
8. 1937 Mercedes-Benz 540K Special Roadster, RM Auctions London, October 2007, $8,252,201
9. 1937 Bugatti Type 57SC Atalante Coupe, Gooding Pebble Beach, August 2008, $7,920,000
10. 1965 Shelby Daytona Cobra Coupe, Mecum Auctions Monterey, August 2009, $7,685,000.

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