RM/Sotheby's London 2016 - record-breaking young Porsches and spurned rarities
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Summary
It was a remarkable line-up of cars that RM/Sotheby's had assembled for the auction in London on September 7, 2016, including an above-average number of young vehicles, some of which generated surprising results. With a good 3/4 of the cars sold, the result is not above average, but thanks to some unexpectedly high prices, the calculation still worked out, as an average of EUR 391,000 was paid per car sold instead of an estimated EUR 333,000. This auction report analyzes the results, lists all the highest bids and sales prices and shows all the cars in pictures.
This article contains the following chapters
- Ferrari, Porsche, Mercedes-Benz, Alfa Romeo, Aston Martin
- Valuable barn finds
- Porsche fireworks
- Another expensive Z1
- Valuable Aston
- Mixed results for Group B cars
- Less sought-after racing touring cars
- Many super classics
- Good result, but a quarter unsold
- Vehicles sold and on offer
Estimated reading time: 7min
Preview (beginning of the article)
It was a remarkable line-up of automobiles that RM/Sotheby's had assembled for the auction in London on September 7, 2016, with an age difference of 117 years between the oldest and the youngest vehicle. Racing and sports cars alternated with limousines and bread-and-butter cars. There were 87 cars (including one children's car) in total, estimated at around £ 25 million, so an average of € 333,000 or CHF 365,000 per car was expected. This figure was clearly exceeded, at least for the cars sold, which cost an average of € 391,000 or 428,000 including surcharge/commission. However, around a quarter of the offers remained standing, even though considerable sums had been offered for them too.
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