Gooding & Co. just released the closing tally for its auction in Pebble Beach. This sale follows the Concourse d’Elegance and is among the most elite auto auctions in the world. It is also an important barometer for the market of collectible cars.

The auction this year concluded Sunday and made $64.2 million, which tops last years tally of $60 million. Twenty vehicles went for over $1 million, which is triple the 2006 number. Five vehicles were sold for over $2 million, and Peter Williams sold the Bugatti collection, which is made up of 12 cars, for above $15.5 million.

However, the news wasn’t all good. One in five vehicles didn’t sell.

Still, the large amount of price records crushed over the weekend implies that the business of rare cars remains strong.

In addition, there was the highest price ever paid for a car in North America. A 1937 Bugatti Type 37SC Atalante Coupe sold for $7.92 million. This is the kind of car you wouldn’t dare drive out of your driveway without an auto warranty.

The collectibles boom probably won’t last forever, after all, most people are opting for used cars with used car warranties, but for now, it’s still strong.