So what is the overall verdict on Monterey Auctions?

[mulsanne79]

I did not have a chance to thoroughly research what did and did not sale, but at least from a little glimpse of it, the Porsche market is staying strong as longest the car is a top notch collector quality, or/and, is rare in some way.. Like the unrestored '79 930 in unique color that sold for $300k!

Also noted that Mecum is simply not the best auction for Porsches and one can only wonder what the McQueen's 930 would sell for at like Gooding & Company Auction.

[Rich Gas]

I don't like the Mecumm people...especially when they yell sold sold sold...just reminds me of a bunch of used car salesmen who came up with a cool format to sell cars. They don't know how lucky they are, or maybe they do.

On that note, I did watch some of it, with the sound off. The reserve cars were close, so people are pricing correctly. They did mix some junk in there, like the white, cab, slant. Confuses non-Porsche people who like gold chains and Miami Vice. Buy, Buy, Buy.

[vracer]

Hagerty just gave us 'their' answer: "The market shows consolidation".

Mecum certainly does it differently. Thank god you can record these things, so you can go as fast as you want through the chaff.

[KNS]

I can't stand the Mecum style (BJ as well) of auction house. It reminds me of being at the county fair with hogs up for bid. Corn dogs, lousy beer and everything...

[geshaghi]

Early cars, turbos and rare models with provenance are still seeing strong demand and solid prices. Market is paying up for quality and cars that are nice and shiny. While their are a few anomalies, by and large what I saw was that the well-finished cars brought strong money, even if some of the details were not correct. For example, a very nicely finished 1971 T coupe sold at RM for a hammer price over $132,000 (all in with premium, that was $145,750). Non-matching motor, aftermarket sunroof, lots if incorrect interior details, but the overall fit and finish was excellent - pretty close to #1.