RM/Sotheby's Open Road February 2021 - good results and some surprises at the online auction
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Summary
RM/Sotheby's organized an unusual auction between 19 and 28 February 2021. Not only were the cars spread across half the globe, even the estimated values were given in three different base currencies. 106 vehicles from 41 brands, including several tractors and a motorcycle, went under the hammer. On average, 80% of the median estimate was bid, but the swings were wide. 69% of the vehicles were sold at an average price of EUR 125,164 (CHF 137,542). Two Rolls-Royces, an AMG-Mercedes and a Lamborghini Countach were among the surprises. This auction report analyzes the results and shows all the cars in pictures.
This article contains the following chapters
- Rolls-Royce classics as high-flyers and divers at the auction
- Lots of interest in SL73
- Hot-rod Ferrari 250 GTE finds new owner
- Highly acclaimed Lamborghini Countach
- Alfa rarities with mixed results
- Spurned Italian exotics
- Mixed interest for pre-war cars
- Almost the entire Porsche collection from Switzerland with new owners
Estimated reading time: 5min
Preview (beginning of the article)
106 vehicles and some automobilia, including a Coventry Climax engine, were auctioned by RM/Sotheby's from February 19 to 28, 2021. That in itself would not be unusual. What was certainly special was that the auction only took place online and the vehicles were spread across half the globe. Accordingly, interested parties bid on cars that were to be collected in the USA, Europe and Abu Dhabi. The first 50 or so lots came from Europe, followed by around 60 lots from the USA and finally a Swiss collection of new classic Porsches. The 106 vehicles are on average a good 41 years old, and there were also a few tractors and a motorcycle among them. The largest brand contingent came from Porsche, followed by Chevrolet, Mercedes-Benz, Ferrari, Ford, Alfa Romeo and Rolls-Royce. This was another indication of the unusual composition of consignments.
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