Cautious bidders at the first Fischer Classic Car auction in Lucerne on May 28, 2016
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Summary
On May 28, 2016, Galerie Fischer auctioned off exquisite classic cars for the first time at the Swiss Classic World classic car fair in Lucerne. As an experienced art auction house, they knew what the discerning clientele expected and had prepared a clear but exquisite offering, which was effectively documented and publicized. However, despite a large number of interested visitors and many pre-bids, well over half of the classics remained unsold. This report analyzes the results and describes the atmosphere at the auction.
This article contains the following chapters
- Meticulous preparation
- Cautious mood
- Stagnating prices? Wait-and-see buyers?
- Favorable surcharges
- Highlights below the limit
- Maneuver criticism
- Results
Estimated reading time: 5min
Preview (beginning of the article)
It was a premiere. Galerie Fischer, a well-known art auction house from central Switzerland, held its first automobile auction at the Swiss Classic World in Lucerne. Nothing was left to chance. Precisely because it was the first vehicle auction, Galerie Fischer wanted to make sure that everything met its own high standards in terms of vehicle selection, documentation and communication, just as it does at art auctions. Accordingly, all vehicles at least thirty years old had a FIVA passport and were extensively documented. All cars were in good or very good condition. The catalog was of high quality and was noted with appreciation by insiders and buyers.
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