We will have more detailed coverage early next week, but we just wanted to tell you that the first KPGC10 Skyline GT-R to sell at auction broke expectations with a $220,000 sale in Monterey. RM Auctions expected it to go for $125,000-175,000, but it blew right through that ceiling. With the 10 percent commission, it was $242,000 out the door. This changes everything.
This is the most expensive hakosuka GT-R sold anywhere. It was about 10:30am in Japan when the auction ended. With the current dollar-to-yen exchange rate, this is going to blow the lid off the market. The Japanese nostalgic car market is broaching a new frontier.
We are uploading this en route to the Gooding & Co. auction, where a Toyota 2000GT and short-wheelbase Mazda Cosmo Sport will cross the block. Stay tuned.