Artcurial Automobiles en Scène 2019 - lack of enthusiasm in Paris?
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Summary
With "Automobiles en Scènes", the auction company Artcurial launched a new auction format in Paris on Monday, June 17, 2019. The venue was the historic Théâtre du Rond-Point on the Champs-Elysées in the heart of Paris. On offer were 84 classics worth almost EUR 15 million. However, the bidders did not really want to participate, so that only just under half of the cars could be sold. In addition, the prices were on average over 20 percent lower than expected. Highlights included a Ferrari 275 GTB, a Bugatti Type 49 Cabriolet and a number of relatively youthful Porsche sports cars. This auction report analyzes the results in detail and shows all the vehicles in pictures.
This article contains the following chapters
- Very cautious bidders
- Disaster for the French brands
- No joy in plastic?
- Good performance by the Porsche selection
- Ferrari 275 GTB as the highlight
- Favorable opportunities
Estimated reading time: 3min
Preview (beginning of the article)
With "Automobiles en Scènes", the auction company Artcurial launched a new auction format in Paris on Monday, June 17, 2019. The venue was the historic Théâtre du Rond-Point on the Champs-Elysées in the heart of Paris. On offer are 84 classics worth almost EUR 15 million. The bidders were very reluctant to follow the recommendations of the Artcurial experts. This was reflected in the fact that, on average, only around 73 percent of the median estimate was offered. Despite a relatively high "no reserve" percentage of 34 percent, only 48 percent of the lots were reported as sold at the end of the auction.
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