Artcurial auction in Paris - choosy bidders and interesting offers
Summary
On October 30, 2011, the auction of memorabilia and classic cars took place in Paris under the title "Automobiles sur le Champs". 55 classic vehicles dating back to 1991 were up for sale, along with some more recent examples. A total of 84% of the classic cars were sold for a total value of € 2'306'881 (or CHF 2'805'167). The prices quoted in this report are inclusive of buyer's premium and taxes. The report shows the detailed results, some of the vehicles in the picture and analyzes the offer and the bidding behavior.
This article contains the following chapters
- Good offer and accurate valuation prices
- Positive surprises
- Mercedes Benz 300 SL Gullwing exceeded € 0.5 million
- Renault R8 Gordini for € 52,420
- Rarities and special features
- Nine classics were left standing
- Complete list of results
Estimated reading time: 4min
Preview (beginning of the article)
On October 30, 2011, the auction of memorabilia and classic cars took place in Paris under the title "Automobiles sur le Champs". 55 classic vehicles dating back to 1991 were up for sale, along with some more recent examples. A total of 84% of the classic cars were sold for a total value of € 2'306'881 (or CHF 2'805'167). The prices quoted in this report are inclusive of buyer's premium and taxes. Good offer and accurate valuation prices The estimated prices for most of the offers were within a realistic range, which explains why a significant proportion of the auctioned vehicles found new owners at a price within the estimated price range. More than half of the vehicles in total achieved offers above the lower estimate, and in terms of value, the vehicles sold reached a good 80% of the average estimate.
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