RM/Sotheby's Villa Erba 2023 - young Ferrari and BMW in demand, Bentley and Lancia less so
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Created on May 21, 2023
, Reading time 5min
Text:
Bruno von Rotz
Photos:
Keno Zache - Courtesy RM/Sotheby's
12Neil Fraser - Courtesy RM/Sotheby's
10Paolo Carlini - Courtesy RM/Sotheby's
9Kevin Van Campenhout - Courtesy RM/Sotheby's
7Tim Scott - Courtesy RM/Sotheby's
6Theodore W. Pieper - Courtesy RM/Sotheby's
6Bruno von Rotz
6Remi Dargegen - Courtesy RM/Sotheby's
5- Courtesy RM/Sotheby's
3Dirk de Jager - Courtesy RM/Sotheby's
1Babic - Courtesy RM/Sotheby's
1Loic Kernen - Courtesy RM/Sotheby's
1Ahmed Qadri-Pixelhaus Media - Courtesy RM/Sotheby's
1Peter Singhof - Courtesy RM/Sotheby's
1Theodore W. Pieper
1Maximilian Vogl - Courtesy RM/Sotheby's
1Jasper Schwering - Courtesy RM/Sotheby's
1Theodore W. Pieper - Courtesy RM/Sotheby's
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Summary
On May 20, 2023, RM/Sotheby's auctioned 55 cars worth almost EUR 75 million for the last time at the Concorso d'Eleganza Villa d'Este. Half of the cars were from Ferrari, 22 of which were sold. The sales rate for the rather young BMWs was 100%, and 82% overall. The Ferrari 312 PB found a new owner for EUR 12 million, somewhat below expectations. This auction review analyzes the results and shows the cars in pictures.
This article contains the following chapters
- A lot of risk for the consignors and the auction house?
- Ferrari and the other
- Ferrari 312 PB eight-figure
- Young road-going Ferraris with high prices
- Young BMWs all sold
- Famous previous owners only drew limited
- Pre-war cars with little luck
- Blue chip classics with ups and downs
Estimated reading time: 5min
Preview (beginning of the article)
55 cars for EUR 74.3 million, which meant EUR 1.35 million per car. RM/Sotheby's had done another big job at the last auction as part of the Concorso d'Eleganza Villa d'Este and brought almost only super classics under the hammer on May 20, 2023. Although 10 of the cars, which were on average 48 years old, remained standing, the RM managers could certainly be satisfied with a sales result of almost EUR 52 million or EUR 1,148 million on average. 34 of the 55 cars had been announced without a reserve price, but with an average top bid of 87% of the median estimate, there were no unpleasant surprises for the consignors.
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Current Market Prices (Selection)
Coupe, 343 PS, 3246 cm3
Convertible, 241 PS, 3152 cm3
Coupe, 343 PS, 3246 cm3
Coupe, 360 PS, 3246 cm3
Convertible, 343 PS, 3246 cm3
Coupe, 350 PS, 3929 cm3
Coupe, 370 PS, 3929 cm3
Coupe, 320 PS, 3929 cm3
Coupe, 320 PS, 3929 cm3
Coupe, 325 PS, 3929 cm3
2-Door Sedan, 215 PS, 2266 cm3
2-Door Sedan, 238 PS, 2467 cm3