Up until now my experience of car auctions has been fun and interesting but hardly high-rolling. You probably know the sort of thing: a freezing cold pit staring at a parade of Mondeos and Vectras, munching on a bacon sandwich while taking the scene in.

New Image Which is why the Gooding auction I've just been to in Pebble Beach, California readjusted my set a bit.

Auctions like this are where the real high rollers come to buy and sell million dollar cars and are just as part of the annual Pebble Beach pageant as the Concours D'Elegance itself.

It's quite breathtaking to see Ferrari 250 GTOs take the plinth and then watch as the plummy Brit auctioneer moves the bids up in 100,000 dollar chunks.

I was only there for an hour but watched at least 20 million dollars being spent as casually as most of us buy a cup of coffee.