Auction House Analysis: Where the Big Money Flows
The classic car auction market is dominated by a few major players, each with distinct specialties and clientele. RM Sotheby's leads in European exotics and racing cars, consistently achieving record prices for Ferrari, Porsche, and Mercedes-Benz classics. Barrett-Jackson dominates the American muscle car market, with their Scottsdale auction being the premier destination for Corvettes, Mustangs, and Camaros. Bonhams excels in British classics and motorcycles, while Gooding & Company focuses on the ultra-high-end market. Understanding each auction house's strengths helps collectors choose the right venue for buying or selling. The auction calendar itself drives market timing, with Monterey Car Week in August representing the pinnacle of the collector car year.