What 1990s Pebble Beach Auction Results Teach Us Today

An article reviewing 1990s-era Pebble Beach auction results uses long-running transactions to illustrate how prices for rare cars can surge—or stand still—over decades. It cites an example of a Ferrari Enzo sold at Monterey nine years earlier for nearly $3M, which reappeared in 2026 and fetched $12.1M. The author then points to a Maserati Birdcage that sold for $4.24M this year at Monterey, but had previously sold in Monterey almost 30 years ago for a far lower amount. The piece frames the broader lesson: some “blue-chip” classics and historic race cars sold for surprisingly low prices back then, even after adjusting for inflation.