Classic Car Gallery Auction Lucerne 2023 - Internet bidders against exhibition hall bidders
Summary
The Oldtimer Galerie Toffen's offering for the auction at the Swiss Classic World Lucerne was diverse and included super classics and exotics. However, the public in the exhibition hall proved to be selective, with bids from the Internet often leading to knockdowns. The most expensive car sold was a Ferrari 512 BBi, while a Mercedes SL performed above expectations. But there was no shortage of affordable cars either. This auction review describes the atmosphere on site, analyzes the results and shows pictures of all 43 cars.
This article contains the following chapters
- Ovali for CHF 16,800
- Rare pre-war Americans only in limited demand
- Not all hot sweepers were able to shine
- Super classics with mixed results
- Limited demand for exotic items
Estimated reading time: 5min
Preview (beginning of the article)
For the third time, the Oldtimer Galerie organized an auction as part of the Swiss Classic World classic car fair in Lucerne. From 17:00 on June 3, 2023, 43 cars and two motorcycles came under the hammer. After around two hours, it was time to settle the accounts. 42% of the vehicles were sold outright, a further 22% are still subject to renegotiation ("sold subject to reservation") and 36% have definitely not found a new owner for the time being. On average, the vehicles were 55 years old and worth around CHF 3.8 million in total. The expected average hammer price of CHF 83,500 was not quite achieved, with an average of CHF 64,600 being the highest bid, which was 77% of expectations. Six cars were offered without a reserve price and were logically sold.
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