Auctions

Some amazing Porsches cross the block at the auctions during Monterey Car Week.

Just some of the Porsches that come up for sale at the auctions during Monterey Car Week

Traditionally in August, the eyes of the automotive world point to the Monterey Peninsula. Nothing else in 2021, despite the Covid pandemic being far from over. The Monterey Car week will attract thousands of car enthusiasts. Next to the Pebble Beach Concours d’Elegance and the Rolex Monterey Motorsport Reunion, the auctions belong to the main attractions of the Monterey Car Week.  And the major auction houses have some of the rarest and most wanted cars built by Porsche, crossing the block. Let’s take a closer look at some of them.

1964 Porsche 356 C Carrera 2 Cabriolet
1977 Porsche 934/5 chassis 930 770 0951

Porsche 917K

The news has been all around the last few weeks. RM Sotheby’s brings a 1970 Porsche 917K on the podium. Porsche 917/031-026 was delivered new to 1970 Porsche Works team JW Automotive Engineering.  David Hobbs and Mike Hailwood drove this particular car in the 1970 Le Mans 24 Hours.

1970 Porsche 917K (Chassis 917/031-026)
1970 Porsche 917K (Chassis 917/031-026)

But most fame for this Porsche 917K came when it was immortalized as the winning car in Steve McQueen’s 1971 Solar Productions film Le Mans. Original Porsche 917K’s don’t come up for sale very often. So a unique opportunity pops up. But be prepared to dig deep in your wallet with an estimated price of $16,000,000 – $18,500,000

1967 Porsche 911R

The original 1967 Porsche 911 R is definitely the Porsche 911 where the uttermost effort was done to reduce weight. And with a production of just 20 cars, it is one of the rarest Porsches ever produced. It is very, very rare that a 1967 Porsche 911 R is offered for sale in a public auction.

Porsche 911 R chassis 11899006R
Porsche 911 R chassis 11899006R

Most of these rare gems change hands from collector to collector without the world even knowing about the sale. Chassis 11899006R was raced and rallied extensively in-period and is presented in correct 1967 Tour de Corse livery. The car is presented in the RM Sotheby’s catalogue as a 1968 Porsche 911 R, which makes me frown my eyes.

1955 Porsche 550 Coupe

1955 Porsche 550 Spyder Chassis 550-054
1955 Porsche 550 Spyder Chassis 550-054

Max Hoffmann imported Porsche 550-0054 back in 1955. The car subsequently found an owner through the John von Neuman’s dealership in North Hollywood. First owner Bob Donner raced the car extensively in several races all over the USA in the next years before he sold it after buying a Porsche 718 RSK for the 1959 race season. The consignor returned the car to running and driving condition in the summer of 2021. The engine has recently been fired for the first time since its rebuild in 2000. 

Porsche 956 and Porsche 962

In the heydays of Group C racing, Porsche reigned the race tracks with the Porsche 956 and its successor the Porsche 962. RM Sotheby’s brings up one of each.

1983 Porsche 956 (chassis 956-110)
1983 Porsche 956 (chassis 956-110)

1983 Porsche 956-110 is the overall winner of the 1983 Brands Hatch 1000 KM and 1983 Can-Am Road America. It competed in the 1983 and 1984 Le Mans 24h. The car has a successful racing history with the legendary John Fitzpatrick Racing. On top of that, it is the sole Porsche 956 to compete and win, on American soil in-period, and one of just two privateer-delivered Porsche 956 to beat the Rothmans Porsche factory team 956s

1986 Porsche 962 IMSA GTP (Chassis 962-122)
1986 Porsche 962 IMSA GTP (Chassis 962-122)

Porsche 962-122 brought some overall victories for Dyson Racing at Road Atlanta and Road America in 1987. Furthermore, there were podium finishes at Sears Point, Lime Rock, and Portland and a pole position at Laguna Seca. The car was runner-up in the 1987 IMSA Camel GTP Championship with Price Cobb.

Porsche 935K3

Both RM Sotheby’s and Gooding&Co have a Porsche 935K3 in their offerings at the Monterey Car Week Auctions. 

1977 Porsche 935 K3 Chassis 9307700911
1977 Porsche 935 K3 Chassis 9307700911

The 1977 Porsche 935 (chassis 9307700911) offered by RM Sotheby’s is 1 of 13  factory-built 935/77As. The car was originally delivered to Georg Loos (Gelo Racing). It started 3 times at the Le Mans 24h, twice at Daytona 24H, and Sebring 12h. In 1980, the car was converted to the Kremer K3 specification.

1980 Porsche 935 K3 (chassis 000 00027)
1980 Porsche 935 K3 (chassis 000 00027)

The  1980 Porsche 935 K3 (chassis 000 00027) presented by Gooding&Co was purchased new by Ted Field’s legendary Interscope Racing Team. It debuted at Road Atlanta in April 1981 with 4th place as a result. In the next race seasons, this car participated in the Daytona Finale, Sebring 12h among others. Last outing of the car was the 1983 Daytona 24H where it served as a practice car. It then changed hands a few times before ending up in an American collection to be used at historic events like the Rennsport Reunion.

Conclusion

As you can see in the list below, more fine Porsche cars come up for sale in the auctions during the Monterey Car Week. After several months of rather a quietness because of the pandemic, we are surprised by the nature and rarity of the cars being offered for sale. Of course, we’ll bring an after-sale report, to keep you tuned about the hammer prices.

1977 Porsche 934/5 chassis 930 770 0951
1977 Porsche 934/5 chassis 930 770 0951

We strongly recommend doing a pre-purchase inspection on any car you want to bid on. In case you need assistance, we can bring you in contact with marquee specialists who will gladly help you doing so.

The Porsches in the RM Sotheby’s Monterey Auctions

Lot 211 : 1988 Porsche 911 Turbo Flatnose Coupe Estimation $200,000 – $240,000
Lot 212 : 1988 Porsche 911 Turbo Flatnose Cabriolet Estimation $300,000 – $400,000
Lot 214 : 1951 Porsche 356 splitwindow Coupe by Reutter Estimation $400,000 – $450,000
Lot 219 : 1986 Porsche 962 IMSA GTP Estimation $900,000 – $1,200,000
Lot 220 : 1968 Porsche 911 Softwindow Targa Estimation $200,000 – $350,000
Lot 227 : 1956 Porsche 356 Carrera 1500 GS by Reutter Estimation $425,000 – $500,000
Lot 230 : 1955 Porsche 550 Coupe Estimation $3,800,000 – $4,200,000
Lot 232 : 1990 Porsche RUF BTR Carrera 4 Turbo Estimation $240,000 – $290,000
Lot 233 : 1955 Porsche 356 Continental Estimation $300,000 – $400,000
Lot 235 : 1954 Glöckler Porsche 356 Carrera 1500 Coupe Estimation $750,000 – $1,000,000
Lot 239 : 1974 Porsche 911 Carrera RSR 3.0 IROC Estimation $1,800,000 – $2,100,000
Lot 244 : 1971 Porsche 914/6 M471 Estimation $450,000 – $550,000
Lot 266 : 1977 Porsche 935 K3 Estimation $1,700,000 – $2,000,000
Lot 273 : 1975 Porsche 911 Turbo Carrera Estimation $200,000 – $240,000
Lot 318 : 2015 Porsche 918 Spyder Weissach Estimation $1,200,000 – $1,400,000
Lot 325 : 1954 Porsche 356 1500 Speedster Estimation $600,000 – $700,000
Lot 328 : 1970 Porsche 917K Estimation $16,000,000 – $18,500,000
Lot  330 : 1987 Porsche 911 Turbo Cabriolet Estimation $175,000 – $225,000
Lot 334 : 1992 Porsche 911 Carrera RS/N GT Estimation $325,000 – $400,000
Lot 339 : 1967 Porsche 911 R Estimation $4,500,000 – $5,5000,000
Lot 342 : 1983 Porsche 956 C Estimation $4,500,000 – $6,000,000
Lot 343 : 1992 Porsche 968 Cabriolet Estimation $60,000 – $80,000
Lot 349 : 1984 Porsche 911 Carrera 3.2 Estimation $235,000 – $335,000
Lot 354 : 1970 Porsche 914/6 GT Estimation $575,000 – $675,000
Lot 359 : 1969 Porsche 911 S Estimation $140,000 – $160,000

The Porsches in the Bonhams Quail Lodge Auction

Lot 9 : 1973 Porsche 911T 2.4 Targa Estimation $ 100,000 – 130,000
Lot 48 : 1975 Porsche 914 2.0 Estimation $25,000 – $35,000
Lot 58 : 1975 Porsche 911S 3.0 Targa Estimation $40,000 – $50,000
Lot 70 : 1973 Porsche 911 Carrera 2.7 RS Estimation $700,000 – $900,000
Lot 78 : 1979 Porsche 911 Turbo 3.0 Coupe Estimation $110,000 – $130,000
Lot 114 : 1994 Porsche 964 Speedster Estimation $175,000 – $225,000
Lot 117 : 1997 Porsche 911 Turbo S Estimation 260,000 – $320,000
Lot 124 : 1987 Porsche 930 Turbo 3.3 Coupe Estimation $70,000 – $100,000

The Porsches in the Gooding &Co Pebble Beach Auctions

Lot 11 :  1984 Porsche 969 Turbo by Rinspeed Estimation $125,000 – $150,000
Lot 25 : 1959 Porsche 356 A Super Coupe Estimation $300,000 – $400,000 
Lot 30 : 1989 Porsche 911 Carrera Speedster Estimation $225,000 – $275,000 
Lot 38 : 1967 Porsche 911 2.0S Softwindow Targa Estimation $350,000 – $450,000
Lot 42 : 1980 Porsche 935 K3 Estimation $2,500,000 – $3,000,000
Lot 47 : 2007 Porsche 911 GT2 RS Estimation $175,000 – $225,000
Lot 55 : 1997 Porsche 993 GT2 Estimation $600,000 – $800,000
Lot 58 : 1990 Porsche-March 90P Estimation $350,000 – $500,000
Lot 124 : 2015 Porsche 918 Spyder Weissach edition Estimation $1,100,000 – $1,300,000
Lot 139 : 1977 Porsche 934/5 Estimation $1,300,000 – $1,600,000
Lot 144 : 1989 Porsche 930 Slantnose Cabriolet Estimation $150,000 – $200,000
Lot 154 : 1964 Porsche 356 Carrera 2 Cabriolet Estimation $650,000 – $850,000
Lot 161 : 1973 Porsche 911 Carrera 2.7 RS Lightweight Estimation $900,000 – $1,1000,000
Lot 165 : 1958 Porsche 356 Speedster Estimation $450,000 – $550,000

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Pictures courtesy of the auction houses RM Sotheby’s, Bonhams and Gooding&Co