The car blue chips of the early seventies on the verge of new records?
They are the real "blue chips" of the early seventies and they will all go under the hammer at an auction in New York on December 10, 2015 . They are sports cars, of course, and they were the fastest of their time.
The Porsche 911 Carrera RS 2.7 accelerated almost everything into the ground, the Ferrari 365 GTB/4 Daytona was the king of the highway and the Lamborghini Miura made a tractor manufacturer the center of sports car heaven with its forward-thinking mid-engine design.
Of course, these were the cars that people dreamed of back then, but they were unaffordable for most people with new prices of around 47,000, 75,500 or 76,000 for the Porsche, Lamborghini or Ferrari in 1972. And they are again today.
Just a few years ago, you could have bought an RS for 80,000 francs or a Daytona or Miura for around 200,000 francs. The prices of fine Italian sports cars rose rather slowly between 1995 and 2004, only to almost triple between 2004 and 2008. After the peak around 2007/2008, there was a brief lull with prices falling slightly in some cases, only to triple again between 2010 and 2014/15. In their yearbook" Classic Car Auction Yearbook 2014 2015" , Adolfo Orsi and Raffaele Gazzi illustrate this very impressively with several graphics. We show one of them here, which shows the price development (at auctions) for the Ferrari 365 GTB/4 Daytona:
Of course, exchange rates and the respective supply in a year also influence the average price.
If the prices that RM/Sotheby's is asking in New York can be realized, then 2015 should certainly not lead to a weakening of the price trend for these "blue chips". The Ferrari Daytona was estimated at EUR 744,000 to 930,000 (CHF 808,000 to 1.1 million), the Lamborghini Miura SV at EUR 2.046 to 2.418 million (CHF 2.222 to 2.626 million) and the Porsche Carrera RS Touring at EUR 837,000 to 1.023 million (CHF 909,000 to 1.111 million).
Incidentally, the most impressive price development is shown by the Miura SV, the last incarnation of the beautiful Gandini mid-engined sports car, of which only 150 were built, while there were significantly more vehicles of the Daytona as a coupé and the Carrera RS in Touring version.
And why do these cars increase in value so quickly? Because they are "blue chips", i.e. well-known names with a comparatively high demand.
