2014 was a record year for collectable cars. The highest ever winning bid of 38.115 million dollars (£24,85 million) was paid for a 1962 Ferrari 250 GTO sold by Bonhams in Monterey.
Global numbers are not known, but just in U.S. where most high end exotics are sold at auctions, the market went from 1.2 billion dollars in 2013 to 1.3 billion in 2014.
Ferrari did not just dominate the 2014 with the highest ever winning bid. Surprisingly nine of the top ten most expensive cars at auction were also Ferraris, meaning there was no real “competition” for the Italian brand when it comes to the top 10 most expensive classic cars sold in 2014.
Behind the record breaking 1962 250 GTO sold by Bonhams, was the 1964 Ferrari 275 GTB/C Speciale, which went under the hammer at the RM Auction in Monterey for 26.400 million dollars.
The third most expensive Ferrari in 2014 was the 1954 Ferrari 375-Plus Spider Competizione, sold by Bonhams at Goodwood, UK for 18.400 million dollars.
Next in line were:
1961 Ferrari 250 GT SWB California Spider for 15.180 million dollars at the Gooding and Company auction at Pebble Beach
1964 Ferrari 250 LM for 11.550 million dollars at the RM Auction in Monterey
1967 Ferrari GTB/4 which had belonged to Steve McQueen for 10.175 million dollars at the RM Auction in Monterey
1958 Ferrari 250 GT LWB California Spyder for 8.800 million dollars at the RM Auction in Scottsdale
1966 Ferrari 275 GTB/C for 7.860 million dollars at the RM auction in Monte Carlo
1953 Ferrari 250 Mille Miglia Berlinetta for 7.860 million dollars at Bonhams in Monterey