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RM Sotheby’s Retromobile Review


In comparison to Artcurial, RM Sotheby’s had a slightly quieter time in Paris, total sales were almost a third achieved by Artcurial, although half of Artcurial’s total can be attributed to that magnificent 1957 Ferrari 335 S Scaglietti.

RM Sotheby’s lived up to their reputation of immaculate classics mixed with the finest modern supercars and their top ten sales reflect this. The auction generated $20,843,550* before a packed crowd at Place Vauban in Paris. 79% of lots were sold with bidding from 24 countries helping seven vehicles achieve over $1m. A standing room only crowd ensured the atmosphere was up to its usual standard with Max Girado adding to the excitement in the room.

Whilst it wasn’t their top sale the 1955 Porsche 550 Spyder was the real crowd puller. One of just 75 factory-built ‘customer’ 550 Spyders this car was also notable for being the 1955 Frankfurt Motor Show car and having some prestigious period U.S. racing history that includes a 3rd in class at the 1956 Sebring 12 Hours.

Max Girardo, Managing Director of RM Sotheby’s Europe said: “We had some great lots on offer in Paris and the Porsche 550 Spyder, in particular, represented everything that we wish to bring to market. It’s a car with great history, rarity and huge desirability; it simply ticks all the boxes.”

Further proof that modern classic are increasingly desirable was the sale of a superb 1992 Lancia Delta HF Integrale Evo 1 ‘Martini 6’, selling for $147,168* a new world record for an Integrale at auction.

Ferrari still hold the headlines as the marque to buy with six of the top ten sales coming from Maranello. The top two Ferrari’s demonstrated that old or new a great Ferrari will always command a good price with a 1962 Ferrari 400 Superamerica LWB selling for $3,230,250 ahead of a 2004 Ferrari Enzo $1,716,960, over forty years between them.

RM Sotheby’s Paris 2016 – Top 10 Sales

1: 1962 Ferrari 400 Superamerica LWB $3,230,250
2: 1955 Porsche 550 Spyder $3,004,680
3: 1957 BMW 507 Roadster Series II $2,207,520
4: 2004 Ferrari Enzo $1,716,960
5: 1997 Ferrari F50 $1,396,125
6: 1955 Mercedes-Benz 300 SL Gullwing $1,287,720
7: 1989 Ferrari F40 $1,134,420
8: 1957 Mercedes-Benz 300 Sc Coupé $545,748
9: 1960 Ferrari 250 GT Coupé $502,824
10: 1974 Ferrari 365 GT4 BB $438,000

*Results include 12 percent buyer’s premium for automobiles and 17 percent on all other lots. Sale totals include post-sale transactions. Exchange rate used: €1 = $1.095 USD, £0.765 GBP

About the Author:  Tim Hutton has been involved in the automotive industry for 17 years, creating ideas and content for premium brands. When not writing about cars, you will find him driving them all around the world. Having learned to drive at seven in a racing car, petrol is very much in his veins.

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The post RM Sotheby’s Retromobile Review appeared first on Appreciating Assets.



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