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10 cars to watch at Pebble Beach Concours d' Elegance

Cars to watch in Pebble Beach

1959 Ferrari 250 GT Competizione
Source: Bonhams

Next week, thousands of rich car collectors from around the world will converge on a small patch of sand and grass in Northern California for a week of buying, selling, trading, gawking and driving. It's called the Concours d'Elegance—and while it began as a small auto awards show and driving tour, it has since become the car-a-palooza for the super rich, with more than $400 million worth of autos to auction off. There are also endless parties, races, displays and sponsor events.

Last year's auctions featured the most expensive car ever sold at auction— a $38 million Ferrari 250 GTO. This year will be a more modest affair, with the most expensive cars likely topping out around $20 million. But there are still likely to be some jaw-droppers—almost all of them Ferraris.

Here are the 10 cars that could be among the most expensive for the week. Estimates come from the auction companies or other car-valuation experts.

—By CNBC's Robert Frank
Posted 5 August 2015

1976 Porsche 911 Turbo

1976 Porsche 930 Turbo Carrera
Source: Mecum Auctions

Auctioned by: Mecum
Estimated sale price: $1 million

While not the most expensive car of the week, this Porsche is among the most famous since it was the last special-order car purchased by Steve McQueen, the actor and racing legend. The car was typical McQueen—built for speed and comfort. It had a 234-horsepower engine with a sunroof, black sport seats and a slate gray color specially ordered by McQueen.

1955 Mercedes-Benz 300SL Alloy Gullwing

1955 Mercedes-Benz 300 SL Alloy Gullwing
Source: RM Sotheby's

Auctioned by: RM Sotheby's
Estimated sale price: $5.5 million to $6.5 million

Mercedes' Gullwings have become a favorite of classic car collectors and this is the first alloy Gullwing since Gooding sold one in 2012 in Scottsdale, Arizona. Mercedes only built 29 aluminum Gullwings and this car features the most desirable factory upgrades. It was restored by the famed Kienle Automobiltechnik.

1959 Ferrari 250 GT Competizione

1959 Ferrari 250 GT Competizione
Source: Bonhams

Auctioned by: Bonhams
Estimated sale price: $9 million to $12 million

This Ferrari, built for racing, placed third at the Tour de France and had a two-year restoration at Modena Cars that was completed last year. With coachwork by Scaglietti and designed by Pininfarina, the car has won multiple awards, including the Platinum Award at the Cavallino Classic.

1953 Jaguar C-Type Works Lightweight

1953 Jaguar C-Type Works Lightweight
Source: RM Sotheby's

Auctioned by: RM Sotheby's
Estimated sale price: $9 million to $12 million

One of only three cars of its kind made, the 1953 Jaguar was designed to race and finished fourth at the 24 hours of Le Mans in 1953. This car was driven by a who's who of racing. Expertly restored and well-documented, it could become one of the most expensive Jaguars ever sold.

1998 McLaren F1 LM

1998 McLaren F1 LM Specification
Source: RM Sotheby's

Auctioned by: RM Sotheby's
Estimated sale price: $12 million to $15 million

The McLaren F1 is regarded by many as the first and best true supercar ever built. The company made only two LM road cars, with this model being one of them. With a 680 brake horsepower, V-12 engine, four-wheel independent suspension, added front-wing vents and a bigger rear wing, the LM improved on the already spectacular performance of the F1.

1962 Ferrari 250 GT SWB Berlinetta Speciale

1962 Ferrari 250 GT SWB Berlinetta Speciale
Source: Gooding & Company

Auctioned by: Gooding & Co.
Estimated sale price: $14 million to $16 million

This one-of-a-kind 250 GT SWB Berlinetta Speciale was designed by the famous Giorgetto Giugiaro and has been acclaimed as a great example of design, aesthetics and power. The car was restored in the 1980s and again in the 1990s and has received multiple awards.

1961 Ferrari 250 GT SWB California Spider

1961 Ferrari 250 GT SWB California Spider
Source: Gooding & Company

Auctioned by: Gooding & Co.
Estimated sale price: $16 million to $18 million

The California Spider was Ferrari's big seller in the U.S., and could be used for commuting during the week and racing on the weekend. One of only 37 covered-headlight SWB California Spiders made, this car is Classiche certified and has a strong ownership history.

1960 Ferrari 250 GT SWB Berlinetta Competizione

1960 Ferrari 250 GT SWB Berlinetta Competizione
Source: RM Sotheby's

Auctioned by: RM Sotheby's
Estimated sale price: $17 million to $19 million

One of about 45 alloy-bodied Competizione versions produced in 1960, this car placed seventh at the 1960 12 hours of Sebring as a NART entry. It is one of the best restored examples in the world, done by Motion Products in Neenah, Wisconsin.

1956 Ferrari 250 GT Berlinetta Competizione TdF

1956 Ferrari 250 GT Berlinetta Competizione
Source: RM Sotheby's

Auctioned by: RM Sotheby's
Estimated sale price: $15 million to $20 million

Today's collectors prize cars with great racing histories, and this rare Ferrari has plenty of titles, including first place at the 1956 Tour de France Auto.

The car was raced and owned by the legendary Marquis Alfonso de Portago and is one of only seven Scaglietti-bodied, first-series competition Berlinettas made.

1964 Ferrari 250 LM

One of only 32 produced, this 1964 Ferrari 250 LM sold for $17.6 million at the Concours d'Elegance auction in Pebble Beach last August.
Source: RM Sotheby's

Auctioned by: RM Sotheby's
Estimated sale price: $15 million to $22 million

One of only 32 produced, the 250 LM was designed for racing, with a midmounted 3.3 liter V-12 engine. This particular car had several first-place finishes and was driven in England by famed racers Ron Fry, David Skailes and Jack Maurice.

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