RM Monterey. Excellent cake but no icing.

Three days of auctions with 159 cars offered, forty-two of which were estimated at over one million dollars, for a combined value of over $190,500,000 ($161,929,000) or, if you prefer, an average of $1,198,000 per lot (€1,018, 000) are just some of the numbers with which RM Sotheby's, something I like to call the RM battleship, arrived at Pebble Beach and, despite presenting fewer lots than usual without reserve (39%), managed to sell 88.68% of them. A triumph? Not exactly, but certainly a victory, as in the end, with takings of $144,501,900 - which equates to over € 122 million – RM took home 75.85% of their initial estimate. Undoubtedly less than expected.