{"id":3020,"date":"2011-08-26T12:25:14","date_gmt":"2011-08-26T19:25:14","guid":{"rendered":"http:\/\/www.westerndriver.com\/?p=3020"},"modified":"2011-09-01T08:58:49","modified_gmt":"2011-09-01T15:58:49","slug":"3020","status":"publish","type":"post","link":"https:\/\/www.westerndriver.com\/?p=3020","title":{"rendered":"Russo and Steele\u2019s Monterey Auction results up by 22%"},"content":{"rendered":"<p><a href=\"http:\/\/www.westerndriver.com\/wp-content\/uploads\/2011\/08\/Russo-and-Steele1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-3013\" title=\"Russo and Steele\" src=\"http:\/\/www.westerndriver.com\/wp-content\/uploads\/2011\/08\/Russo-and-Steele1.jpg\" alt=\"\" width=\"230\" height=\"912\" \/><\/a>The 11th Annual Russo and Steele Monterey 2011 Event saw a record increase in bidders (both domestic and international) and the number of viewers on its LIVE online auction increased by 25 per cent.<\/p>\n<p>The event boasted a 64 per cent sales rate\u2014up 22 per cent from last year\u2014and a preliminary total sale of US$8,507,344<strong>.<\/strong><\/p>\n<p>The Monterey 2011 event was once again held at the downtown Monterey Marriott Hotel August 18-20, 2011, and included a &#8220;rolling preview,&#8221; online webcast, and packed auction block.<\/p>\n<p>&#8220;Russo and Steele continues to exceed the standard by offering our clients the highest level of customer service and by providing its consignors the option of reserve, said Drew Alcazar, owner of Russo and Steele Collector Automobile Auctions. \u201cDetails such as these result in higher quality consignments and build infinitely more equity in our relationships. We are thrilled with the results as it is a true indicator of the market place.&#8221;<\/p>\n<p>As the automobiles drove across the auction block, the crowds filled the room to capacity. As expected, standing-room-only resulted in an exceptional auction outcome.<\/p>\n<p>&#8220;The quality and calibre of consignments this year far surpassed any to date,\u201d said Alcazar. \u201cWithout a doubt, the market continues to show strength for extremely desirable and well-documented examples.&#8221;<\/p>\n<p>The combination of higher calibre automobiles and the intense excitement found on Russo and Steele&#8217;s auction block in Monterey left buyers eagerly anticipating the 12th Annual Scottsdale Auction this January 18-22, 2012 in Scottsdale, Arizona.<\/p>\n<p><strong>The top-10 sales at Russo&#8217;s 2011 Monterey weekend were as follows:<\/strong><\/p>\n<p><strong> All prices in U.S. dollars<\/strong><br \/>\n1966 Ferrari 275 GTS &#8211; #8593: Sold $ 654,500<br \/>\n1973 Porsche 911 Carrera RS 2.7 &#8211; #8610: Sold $286,000<br \/>\n1970 Plymouth Hemi Cuda &#8211; #8590: Sold $198,000<br \/>\n1959 DeSoto Adventurer &#8211; #8695: Sold $192,500<br \/>\n1970 Chevrolet Chevelle SS 454 LS6 &#8211; #8510: Sold $181,500<br \/>\n1974 Ferrari 246 GTS Dino &#8211; #8529: Sold $181,500<br \/>\n1935 Lincoln Model K V12 &#8211; #8521: Sold $178,942<br \/>\n2008 Porsche GT-2 &#8211; #8696: Sold $165,000<br \/>\n1970 Ferrari 365 GT 2+2 &#8211; #8582: Sold $165,000<br \/>\n1967 Shelby GT500 &#8211; #8537: Sold $156,750<\/p>\n<p>For the full list of sales, visit <em><a title=\"blocked::http:\/\/cts.vresp.com\/c\/?RussoandSteeleCollec\/fc6963cfcf\/6f1e010ac7\/06b0aa7f66\/utm_content=pstewart@westerndriver.com&amp;utm_source=VerticalResponse&amp;utm_medium=Email&amp;utm_term=www.russoandsteele.com&amp;utm_campaign=PRESS RELEASE: The results are in!\" href=\"http:\/\/www.russoandsteele.com\/\">www.russoandsteele.com<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 11th Annual Russo and Steele Monterey 2011 Event saw a record increase in bidders (both domestic and international) and the number of viewers on its LIVE online auction increased by 25 per cent. The event boasted a 64 per cent sales rate\u2014up 22 per cent from last year\u2014and a preliminary total sale of US$8,507,344.<a class=\"excerpt-read-more\" href=\"https:\/\/www.westerndriver.com\/?p=3020\">Read Full Story<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,34],"tags":[],"class_list":["post-3020","post","type-post","status-publish","format-standard","hentry","category-general","category-general-news"],"_links":{"self":[{"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/posts\/3020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3020"}],"version-history":[{"count":5,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/posts\/3020\/revisions"}],"predecessor-version":[{"id":3077,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/posts\/3020\/revisions\/3077"}],"wp:attachment":[{"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}