Another car week is in the books… similar to our auction preview… this article presents each car offered for sale at the various auctions held during Monterey Car Week 2023 and thei associated sale prices. In the event that a car didn’t sell, we’ve included the high bid amount. All SOLD prices INCLUDE BUYER’S PREMIUMS, after all, isn’t that the real SALE price?
A quick snapshot… full details and photos of each car below.
300SL Roadsters and Gullwings
300SLs – Fifteen offered in total across all auctions (11 Roadsters, 4 Gullwings).
7 300SLs sold – 8 did not. No sale results below in RED. Gooding & Co. and Mecum didn’t sell any of the 6 300SLs offered between them.
Bonham’s Lot 31 – 1959 Mercedes-Benz 300SL Roadster – SOLD – $1,187,500.
Broad Arrow – Lot 131 – 1957 Mercedes-Benz – 300 SL Roadster – Estimate: $1,300,000 – $1,600,000 – NO SALE – $1,150,000.
Broad Arrow – Lot 171 – 1956 Mercedes-Benz – 300 SL “Gullwing” Coupe – Estimate: $1,800,000 – $2,200,000 – SOLD – $1,930,000.
Broad Arrow – Lot 251 -1957 Mercedes-Benz – 300 SL Roadster – Estimate: $1,850,000 – $2,200,000 – NO SALE – $1,700,000.
Gooding & Co. – Lot 15 – 1958 Mercedes-Benz 300 SL Roadster – $1,400,000 – $1,700,000 – NO SALE – $1,200,000.
Gooding & Co. – Lot 64 – 1957 Mercedes-Benz 300 SL Roadster – $1,200,000 – $1,400,000 – NO SALE – $850,000.
Gooding & Co. – Lot 175 – 1955 Mercedes-Benz 300 SL Gullwing – $1,300,000 – $1,500,000 – NO SALE – No pricing info available from Gooding or Hammerprice app.
RM Sotheby’s – Lot 145 – 1957 Mercedes-Benz 300 SL Roadster | $950,000 – $1,200,000 – SOLD – $1,050,000.
RM Sotheby’s – Lot 236 – 1961 Mercedes-Benz 300 SL Roadster | $1,400,000 – $1,600,000 – SOLD – $1,462,500.
RM Sotheby’s – Lot 256 – 1956 Mercedes-Benz 300 SL Gullwing | $1,700,000 – $1,900,000 – SOLD – $1,572,500.
RM Sotheby’s – Lot 360 – 1955 Mercedes-Benz 300 SL Gullwing | $1,700,000 – $2,000,000 – SOLD – $1,737,500.
RM Sotheby’s – Lot 363 – 1960 Mercedes-Benz 300 SL Roadster | $1,250,000 – $1,450,000 – SOLD – $1,242,500.
Mecum – Lot F82 – 1957 Mercedes-Benz 300SL Roadster – NO SALE – $1,050,000.
Mecum – Lot F130 – 1958 Mercedes-Benz 300SL Roadster – NO SALE – $1,300,000.
Mecum – Lot S122 – 1963 Mercedes-Benz 300SL Roadster – NO SALE – $1,750,000.
W113 ‘Pagoda’ SLs (230SL, 250SL, 280SL)
There were examples of all three models on offer in Monterey, 14 Pagoda SLs in total. Two different 230SLs broke the $200,000 price barrier, which doesn’t happen very often. Those prices are a testament to the level of restoration these cars had undergone.
Youngtimers
There was no shortage of newer Mercedes available. Plenty of ‘just used cars’ R107s sprinkled around the auctions. A nice, yellow R129 SL was offered at Broad Arrow, a model that doesn’t usually make the auction cut. The 500SLC I featured here on Mercedes-Market last week, that was offered at Gooding & Co. sold very well at $106,400, which may be a record for the model, I can’t remember seeing one sell for more publicly anyway.
Pre-Mercedes AMG
A number of interesting pre-merger cars were offered. The silver W126 560SEL (RM’s lot # 157) was the most notable to me… a 1991 560 SEL AMG 6.0 sold above its high estimate for $179,200.
Post-War Classics
A smattering of Coupes and cabs appeared around the peninsula. RM Sotheby’s sold a 280SE 3.5 Cab for its high estimate of $500,000. Broad Arrow’s 600 Pullman Landaulet failed to find a new home with a high bid of $2,000,000.
The 1960 Mercedes 220SE Cabriolet that I sold to a private party in California back in the Summer of 2020, which subsequently sold on Bring a Trailer by my friends at Mohr Imports in Monterey last year for a high bid of $167,000 (+$5,000 in auction fees, so, $172,000 total), was bid to just $125,000 at Mecum’s Monterey sale.
That no sale result really says more about the venue where the owner chose to offer the car than the car itself. This 220SE cab is one of the finest, most well documented examples I’ve ever seen. The gentleman that I sold it for is an Indiana based collector with very high standards. He was the, documented, second owner of the car. He bought it from the original owner 30+ years ago and had it restored in the mid 2000s. Any shortcomings the car had were tended to by the gentleman in California I sold the car to in 2020. He would contact me regularly and tell me about the items he was addressing and improving, he spent over $40,000 on the car taking it from about a 95 point car to a 99 point car (as we all know, those last few details are expensive and time consuming). If the guy who bought it on BaT was thinking he’d make a quick buck flipping the car at Mecum, he was surely disappointed. The car deserves more money, a lot more, and I would guess it’s out there, at the right venue.
There’s plenty more to talk about and explore from ‘Monterey Car Week 2023’… but we’ll leave it there for now.
Sold prices or high bid amounts, in the case of a ‘no sale’ is in the caption of each photo below.
Scroll down to see them all!
Bonhams – The Quail Auction – 2023
Broad Arrow – RADIUS at the Monterey Jet Center
Gooding and Co. – Pebble Beach Auctions 2023
RM Sothebys – Monterey 2023
Mecum Monterey 2023 – The Daytime Auction
Tobin Motor Works sold this 220SE privately for its second owner of more than 30 years during the Summer of 2020. It was subsequently sold on bringatrailer.com in April of 2022 for $$167,000… so this was a disappointing auction result for the owner who bought it on BaT. It’s a good a 220SE Ponton Cabriolet as you’re likely to find. Worth a lot more than the high bid at Mecum!
1 comment
David – Nicely done as always. This might be blasphemous: The $ spent on these cars is grotesque. The 190SL is slow, poorly geared for the highway, extremely rust prone, difficult to tune; a pretty but mediocre effort by MB to provide an affordable distant cousin to the mighty 300SL. But, perhaps, as a clear example of group hysteria many are selling for more than 100K. I’m picking on the 190SL because I owned one. The $million plus sales are, well, stultifying to me.