The 2012 Pebble Beach Auctions reached new record with $115 million from 108 cars sold.
This year’s auction surpassed the $78 million from last year’s auction becoming the second automobile auction in history to top $100 million. The car that helped the auction reach the new record was the 1936 Mercedes-Benz 540K Special Roadster sold for $11.8 million, followed by a 1960 Ferrari 250 GT California LWB Competizione Spyder that fetched $11.2 million, a 1968 Ford GT40 Gulf/Mirage Coupe sold for $11 million, a 1957 Ferrari 250 California GT SWB Spyder bought with $8.5 million, a 1955 Ferrari 410 S Berlinetta sold for $8.2 million, a 1956 Ferrari 250 GT TdF Coupe for which it was shelled $6.7 million, a 1957 Ferrari 250 GT California LWB Prototype Spyder sold for $6.6 million, 1955 Ferrari 857 Sport that fetched $6.2 million, a 1928 Bentley Le Mans 4 1/2 Liter at the price of $ 6 million and a 1972 Porsche 917/10 Spyder sold for $5.8 million.
The first Pebble Beach Concours d’Élégance was held in 1950 and since then it has become the world’s premier automotive events. This year’s auction has gathered rare and exquisite vehicles owned by India’s maharajahs, actors and other famous people, cars bodied by legendary Parisian coachbuilder Saoutchik and sport custom cars.