Collector Car Market Brief: A $92.8M Vegas Record, an Alloy 275 GTB, and a DB5 With a DB6 Frame

Two of the autumn’s biggest sales reported results this week, and the headline totals disagree with the fine print. Broad Arrow’s Las Vegas auction set a Las Vegas record. RM Sotheby’s London set a British one. Yet the individual lots that carried the most interest were the ones with something to explain: a reserve missed, a competition conversion, a replaced chassis frame. The market is paying for depth at the top, and it is pricing documentation and originality lot by lot.

The cars profiled here are new to Modern Car Collector. Where the same sales touch cars we have already covered, we link to that analysis rather than repeat it. All prices below are as reported and include buyer’s premium unless noted; catalog estimates do not.

Broad Arrow Las Vegas: A $92.8 Million Record, With Reserves Holding

Broad Arrow’s sale at Wynn Las Vegas on October 31 totaled a preliminary $92.8 million, the highest total for a collector-car auction in Las Vegas, with 64 of 84 lots sold (76%), according to Old Cars Weekly. Registered bidders rose 63% over 2025, and 35% were new to Broad Arrow. Ferrari supplied about $67.8 million of the total across 25 cars, per moto+match.

The structure matters more than the total. The 106-mile Ferrari F50 we examined before the sale reached $18.705 million, a model record, but its $17 million hammer fell short of a pre-sale estimate of roughly $20 million. The 2003 Enzo hammered near $5.95 million against a $6.5–8.5 million estimate, a result that sits awkwardly beside the stronger Enzo prices we analyzed earlier this month. The duPont REGISTRY report notes this car had a factory-replacement engine and prior bodywork. A Lamborghini Miura P400 SV, a Bugatti EB110 GT and an Aventador SVJ Roadster failed to meet reserve. Sellers asked for record money, and buyers paid it only where the car was clean.

Two lots lower in the top ten show how that plays out for the next tier of hypercars. A 2023 Bugatti Chiron Super Sport (lot 122) with fewer than 1,900 miles in Argent over Black Carbon with Havana leather made $4.57 million. A bespoke 2019 Koenigsegg Regera (lot 162) in Candy Apple Red made $2.645 million. Neither was reported as a record.

The Chiron Super Sport is the more conservative purchase: a recent, low-mileage car from a manufacturer with a deep dealer network. The Regera is the more specialized proposition. Reported results do not show estimates for either lot, so we cannot say whether they cleared high or low. Collectors should read them as data points for the current hypercar tier rather than a new benchmark. For broader context on why modern exotics are diverging, see our look at how the modern exotic market is sorting rather than rising.

RM Sotheby’s London: A British Record, and a Valkyrie Coupé Record

RM Sotheby’s London auction at the Peninsula on October 31 totaled £36.55 million with 87.5% of lots sold, according to Irish News and Boss Hunting, which described it as the highest-grossing car auction in British history. A 2022 Ferrari Daytona SP3 with factory press-car history topped the sale at roughly £8.16 million.

The more instructive result may be the 2023 Aston Martin Valkyrie Coupé, one of 150 road-legal Coupés, which sold for £2,761,250 and set a new auction record for the model, per Classic Car Auctions. Boss Hunting reports its original list price at £2.5 million, which puts the result above the car’s reported original price. We covered other London lots, including Ayrton Senna’s NSX, in our pre-sale piece and a separate earlier brief. The NSX sold for £871,250.

A 1965 Ferrari 275 GTB Alloy: Documentation Beats Originality Here

Lot 154, a 1965 Ferrari 275 GTB Alloy by Scaglietti, sold for £2,041,250 against an estimate of £1.75–2.0 million, per Classic Car Auctions. Because the estimate excludes fees and the result includes them, the car cleared roughly in line with expectations, not far above.

The case for the car is documentary. RM’s catalog describes one of about 80 long-nose, two-cam 275 GTBs with factory aluminum coachwork, chassis and engine 08059 matching, finished in Giallo Fly over Bleu Vaumol leather. It has a Ferrari Classiche Red Book issued in April 2004, a Marcel Massini history report and roughly 22 years with the consigning owner. The provenance runs from a Bologna pharmaceutical company through owners in Italy, Indiana, California and Belgium.

The caveats are just as clear in the catalog. A 2003 restoration by Bacchelli & Villa refinished the car in Giallo. Roelofs Engineering later prepared it for historic competition with six Weber carburettors, a roll cage and 15-inch wheels, and it has been used on Tour Auto from 2004 through 2024. It is titled as a 1966 though completed in December 1965, and RM’s addendum says the UK V5C was being corrected with the DVLA, with an export license required if it leaves Britain. For a buyer, the question is reversibility: how much of the factory specification survives under the competition preparation. For another 275 on the block this season, see Gooding Christie’s Steve McQueen 275 NART Spider, a very different kind of car.

A 1964 Aston Martin DB5 Convertible With a DB6 Chassis Frame

Lot 123, a 1964 Aston Martin DB5 Convertible offered without reserve, was reported at £522,500 by Boss Hunting against an estimate of £375,000–£575,000. We could not match that figure to a second published result, so treat it as a single-source number until RM posts its final result.

The car is one of only 123 DB5 Convertibles built. RM lists chassis DB5C/1292/R with engine 400/1496, a five-speed ZF gearbox, a Power Lock rear axle and Goodwood Green over Fawn Connolly hides, with a copy of its factory build records. The complication is that the original logbook was reported lost in 1980, and a 1981 renovation by Blakers of Finchley fitted a DB6 dashboard, front sheet metal and chassis plate. RM says the chassis frame itself is believed to be from a DB6, and that it would commission a marque-specialist inspection before the sale.

This is the kind of lot the no-reserve format suits. The compromise was disclosed in the catalog and the market priced it, landing in the upper half of the estimate range. The matching engine number and build record keep the car’s identity intact, while the replaced frame limits how far a purist will go. Buyers should ask for that inspection report. The car also entered the UK on a temporary import bond, which must be cancelled by export or by paying VAT and duty.

What Collectors Should Take From the Week

The two sales point the same way. At the top, buyers will pay record money for a clearly defined, well-documented car, but reserves are being held, and the cars that missed or fell short were the ones with a question hanging over them. Lower down, a competition-prepared alloy 275 and a DB5 with a replaced frame cleared close to their estimates, not above them. Detail is now doing the work that price used to do.

Sources: Broad Arrow results via Old Cars Weekly, moto+match and duPont REGISTRY; RM Sotheby’s lot pages for lots 123 and 154; Boss Hunting, Irish News and Classic Car Auctions for London results. Totals and prices were reported preliminary or as published; see captions for image credits.