Artcurial Sur Les Champs 2016 - stalled Ferraris and swings up and down
Summary
On October 30, 2016, Artcurial put 75 vehicles worth EUR 5.2 million under the hammer at the traditional "Sur Les Champs" auction in Paris. 80% of the lots were sold, on average for 114% of the estimated value. Tailgate sports cars were popular, as were British classics, while some Ferrari sports cars and pre-war cars generated less interest. This auction report analyzes the results and shows all the cars in pictures.
This article contains the following chapters
- 32 different stamps
- French specialties mostly without luck
- The fast and valuable Alpine
- Popular fast compact hatchback cars
- Ferraris not in vogue
- Popular British classics
- Mixed results for pre-war vehicles
- Classics with a future
- Vehicles offered and sold
Estimated reading time: 7min
Preview (beginning of the article)
For the 10th time, the Parisian auction house Artcurial organized an auction on 30 October 2016 near its headquarters on the Avenue des Champs-Élysées, which once again had some very special classics to offer this year. 74 vehicles (and a driving license) went under the hammer (after one lot was withdrawn), with a total value of EUR 5.2 million. Of this, EUR 3.9 million (CHF 4.2 million) was realized with the 80% of lots sold. On average, bidders paid 114% of the median estimate price (including surcharge/commission). This means that, overall, the estimated prices were at the right level, although there were large swings upwards and downwards in the individual lots, partly due to the fact that 55% of the lots were auctioned without a reserve price.
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