RM auction in Monaco - racing gems and everyday classics at high prices
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Created on May 12, 2012
, Reading time 6min
Text:
Bruno von Rotz
Photos:
Tom Wood ©2012 Courtesy of RM Auctions
28Tim Scott ©2012 Courtesy of RM Auctions
27Pieter E. Kamp ©2012 Courtesy of RM Auctions
13Simon Clay ©2012 Courtesy of RM Auctions
8James Mann ©2012 Courtesy of RM Auctions
7James Mann © Courtesy of RM Auctions
7Hardy Mutschler @ Courtesy of RM Auctions
7Simon Clay ©2011 Courtesy of RM Auctions
6Guido Bissattini (RM)
6Ned Jackson ©2012 Courtesy of RM Auctions
5Darin Schnabel ©2012 Courtesy of RM Auctions
5RM Auction
5Constantin Fischer ©2012 Courtesy of RM Auctions
4Tom Wood ©2011 Courtesy of RM Auctions
4Tim Scott ©2011 Courtesy of RM Auctions
3Bruno Adolf ©2012 Courtesy of RM Auctions
3Shooterz.biz © Courtesy of RM Auctions
3Dirk de Jager ©2012 Courtesy of RM Auctions
3Bruno Taddei © Courtesy of RM Auctions
2Bernard Canonne ©2012 Courtesy of RM Auctions
2Dean Mitchell ©2012 Courtesy of RM Auctions
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Summary
The Monaco GP Historique was an attractive setting for RM's auction, which had already generated a lot of press in the run-up to the event. A whole series of super-rare classics were on the lot list, and the estimated prices for the 91 classics on offer amounted to around 36 to 45 million euros and 44 to 54 million euros respectively. 66 of the 91 cars were sold. On average, the hammer price reached 96% of the respective mean value of the upper and lower estimates. Almost €27 million or CHF 32.5 million (before surcharges and taxes) was realized on Saturday afternoon. This report summarizes the results and shows the detailed lot list with all vehicles, estimates and hammer prices.
This article contains the following chapters
- Two thirds sold
- Record sales
- Two Alfa Romeo 33 racing cars for around two million euros
- Small cars at big prices
- Favorable ten-time Le Mans participant
- Valuable Siata Daina
- 25 vehicles not sold
- Twenty percent of bids without a minimum bid price
- Future classics not always to the taste of the bidders
- Detailed results
Estimated reading time: 6min
Preview (beginning of the article)
The Monaco GP Historique was an attractive setting for RM's auction, which had already generated a lot of press in the run-up to the event. A whole series of super-rare classics were on the lot list, and the estimated prices for the 91 classics on offer amounted to around 36 to 45 million euros, or 44 to 54 million CHF. On average, each vehicle was estimated at 447,000 euros or 536,000 CHF. So people with a well-filled wallet were in demand and they obviously found their way to Monte Carlo. Two thirds sold 66 of the 91 cars were sold. On average, the hammer price reached 96% of the respective mean value of the upper and lower estimates. Almost Euro 27 million or CHF 32.5 million (in each case before surcharges and taxes) was realized on Saturday afternoon.
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Current Market Prices (Selection)
null, 239 PS, 2953 cm3
Coupe, 209 PS, 2687 cm3
Coupe, 209 PS, 2687 cm3
Targa, 209 PS, 2687 cm3
Coupe, 235 PS, 2953 cm3
Coupe, 300 PS, 3967 cm3
Coupe, 130 PS, 2341 cm3
Targa, 130 PS, 2341 cm3
Coupe, 140 PS, 2341 cm3
Coupe, 164 PS, 2341 cm3
Targa, 164 PS, 2341 cm3
Coupe, 190 PS, 2341 cm3