RM/Sotheby's Paris auction 2019 - the young have shown the old how it's done
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Summary
On February 6, 2019, RM/Sotheby's held its traditional auction at Place Vauban in Paris as part of the Rétromobile. In addition to a number of automobiles, 85 cars worth over EUR 50 million (CHF 57 million) came under the hammer. With an average age of just under 41 years, it was the youngest cars that caused the most surprises. The most expensive car was a Ferrari F40 LM, while a Citroën HY was the most expensive. With a sales rate of 76 percent, RM/Sotheby's compared favorably with the competition from Great Britain and France, although the total turnover was only around 60 percent of the hoped-for sum. This auction report analyzes the results and shows all the cars in the picture.
This article contains the following chapters
- Sympathy award for Citroën HY
- Ferrari F40 LM with Le Mans history as the most expensive car
- Porsche 911 below expectations
- No new owner for the BMW 507
- The youngsters went to
- From 1900 ...
- ... until 2018
- Mixed results for the super classics
- Less money than expected
Estimated reading time: 6min
Preview (beginning of the article)
RM/Sotheby's traditionally kicks off the Rétromobile week with an auction at Place Vauban. On February 6, 2019, many wealthy and, on average, surprisingly young customers gathered in the tent in front of an impressive backdrop to bid on 85 automobiles in addition to several automobiles. The total value of the cars was well over EUR 50 million (CHF 57 million). On average, around EUR 600,000 was expected per car. However, things did not go so well, with 76 percent of the cars sold in the end, for an average of EUR 493,921. Most of the more expensive cars were left standing, so that the sales total amounted to around EUR 32 million.
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