The late industrialist Oscar Davis’ car collection, one of the most valuable car collections ever assembled from a single owner at an estimate of approximately $100 million, will be offered this August at RM Sotheby’s in Monterey, California.
Davis, former chairman and owner of Hayward Industries, a manufacturer of pool and spa equipment, died in New York last year at the age of 95.
He began collecting and restoring cars in the 1950s and amassed one of the finest collections in the world. He drove and exhibited his classic cars annually for more than 30 years at the Pebble Beach Concours d’Elegance in California and the Amelia Island Concours d’Elegance in Florida.
“We are delighted to have been entrusted with such an iconic collection, encompassing some of the finest cars available on the market,” said Gord Duff, global auction manager at RM Sotheby’s, in a statement.
The collection focuses on the major Italian brands, with many of the finest examples from Alfa Romeo, Ferrari and Maserati.
A highlight of this group is a 1953 Ferrari 375MM Spider, estimated at $10-12 million in advance sales. The Maserati brand is represented by its golden era of 1950’s cars, including a 1957 450S Spider with an estimate of between $10 million and $13 million.
Outside of the Italian pedigrees, a 1937 BMW 328 Mille Mille Crease known for its streamlined, lightweight body will be one of the notable cars, with an estimate of between $9 million and $10 million.
The full catalog will be released as the auctions approach, which will be held August 19-20 at the Monterey Conference Center, RM Sotheby’s said.