Motivated buyers and high prices at the 2013 RM Villa Erba auction
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Created on May 26, 2013
, Reading time 7min
Text:
Bruno von Rotz
Photos:
Simon Clay
46Tim Scott
39Tom Wood
24Bernard Canonne
24Pawel Litwinski
18Darin Schnabel
14Simon Clay - Courtesy RM Auctions 2013
13Fluid Images
9Hardy Mutschler
8Cymon Taylor
7Cyman Taylor
7James Mann
7Bruno von Rotz
7Guido Bissattini
4Teddy Pieper
4Bernard Canonne - Courtesy RM Auctions 2013
4Tim Scott - Courtesy RM Auctions 2013
3Cymon Taylor - Courtesy RM Auctions 2013
3Tom Wood - Courtesy RM Auctions 2013
3Darin Schnabel - Courtesy RM Auctions 2013
2Fluid Images - Courtesy RM Auctions 2013
2James Mann - Courtesy RM Auctions 2013
1Tim Scott - Courtesy RM Auctions
1Teddy Pieper - Courtesy RM Auctions 2013
1Fluid Images - Courtesy RM Auctions
1Pawel Litwinski - Courtesy RM Auctions 2013
1Cyman Taylor - Courtesy RM Auctions 2013
1James Mann - Courtesy RM Auctions
1Hardy Mutschler - Courtesy RM Auctions 2013
1Hardy Mutschler - Courtesy RM Auctions
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Summary
On May 25, 2013, RM held an auction in the park of Villa Erba in Cernobbio, which featured many Ferrari sports cars as well as a Bugatti sextet and various rarities of different makes. A large crowd in cool temperatures promised fierce bidding wars, which turned out to be the case, especially for the Ferrari offerings. This auction report describes the atmosphere at the auction, shows all the vehicles in over 250 pictures (sorted by lot number) and the detailed estimated prices and results in tabular form.
This article contains the following chapters
- The battle for the Ferrari 340/375 MM
- 300 SL Roadster at record level
- Affordable MG K3
- Cisitalias too exotic?
- No interest in the Bentley and the pre-war Fiat
- Mixed results for Bugatti sextet
- Favorable opportunities
- Results in detail
Estimated reading time: 7min
Preview (beginning of the article)
The RM Auction in Cernobbio was scheduled to last 1.5 to 2 hours. But it lasted over three hours and the bidders fought fierce battles for the rarities on offer, most of which were auctioned off independently, but some of which were also pushed in front of the audience by BMW Classic employees. Those responsible at RM Auction were also able to be satisfied. The sales amounted to over 27 million euros or 30 million CHF (including bidder's premium), so the 12% bidder's commission was quite a lot. 80% of the lots were sold, eight of the 40 rarities on offer did not find a new owner, including the two beautiful Riva boats. 38% of the vehicles knocked down went to telephone bidders.
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Current Market Prices (Selection)
Roadster, 214 PS, 2996 cm3
Coupe, 214 PS, 2996 cm3
null, 187 PS, 2932 cm3
null, 179 PS, 2962 cm3
Roadster, 214 PS, 2996 cm3
null, 190 PS, 2960 cm3
Coupe, 197 PS, 2799 cm3
Convertible, 104 PS, 1897 cm3
4-Door Sedan, 160 PS, 2996 cm3
Convertible, 160 PS, 2996 cm3
4-Door Sedan, 160 PS, 2996 cm3
Coupe, 160 PS, 2996 cm3