RM/Sotheby's "Dare to Dream Collection" auction 2024 - everything sold pretty well
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Summary
81 cars, some motorcycles, automobilia and sneakers from Miles Nadal's collection were auctioned by RM/Sothey's in Canada on May 31 and June 1, 2024. Everything was sold, the most expensive being a Lamborghini Miura, which sold for around half its estimated value and was even more expensive than the Ferraris in the auction, which were estimated to be more valuable. But there were also cheaper cars and a few surprises. This auction review analyzes the vehicle results and shows the cars in pictures.
This article contains the following chapters
- Young cars
- Porsche, Ferrari and American
- Lamborghini Miura in the high
- Flat snouts drew
- Small cars in contention
- Some interest in the Volkscars
- Shelbys below expectations
- Older super classics less in demand
- Little interest in Nascar cars
Estimated reading time: 5min
Preview (beginning of the article)
"Dare to dream" is Miles Nadal's philosophy of life. He is a collector and has acquired over 80 cars in the last two dozen years or so, as well as many motorcycles, automobiles and a collection of sneakers that is probably second to none. And all of this will go under the hammer at RM/Sotheby's on May 31 and June 1, 2024, partly live in Toronto (Canada), partly online only. 46 years old on average were the vehicles auctioned on the second day, including all cars, but also 11 motorcycles. These 92 two- to four-wheelers alone - there were also three-wheelers - were estimated at over USD 59 million, so USD 643,995 was expected per vehicle. The entire collection was offered without a reserve price, but an average of 92% of the median estimate was nevertheless offered. Certain estimates expressed a healthy optimism on the part of the auction house.
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