CERNOBBIO, Italy, 27 May 2013
RM Auctions returned in style to Villa Erba this past weekend,
generating more than €27 million** ($35,519,120 USD) at its
exclusive sale during the Concorso d’Eleganza Villa d’Este
weekend on Lake Como, Italy. Demonstrating that auction
remains the most powerful way to sell investment-quality
automobiles, the incredible 1953 Ferrari 340/375 MM Pinin Farina
Berlinetta ‘Competizione’ realised €9,856,000 ($12,812,800),
smashing the previous auction record for the model and
establishing a new world record for a closed ‘Berlinetta’ Ferrari
sold at auction, while also being the most expensive automobile
sold at auction in the 2012-2013 season.
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At a packed venue in the grounds of the historic Villa Erba, in
excess of 1000 people witnessed the star Ferrari lot lead the way
in a sale which saw five cars exceed €1,000,000 and 11 lots
exceed their pre-sale estimates. Spirited bidding was seen in the
room and on the phones and internet, with international interest
being received from across 30 countries and from all four corners
of planet.
Max Girardo, Managing Director, RM Europe, said: “Once again,
we have demonstrated that auction really is the only way to sell
important cars. Over 25 percent of lots exceeded their pre-sale
estimates, with a number of model specific records achieved. It is
clear that RM’s truly global reach and its unsurpassed investment
in exceptional marketing and promotion brings an international
audience to our sales that would be impossible to access any
other way.â€
Ferrari was once again the unstoppable marque most in demand
by bidders. Besides the remarkable performance of the 340/375
MM, other notable Ferrari sales included the 1962 Ferrari 400
Superamerica SWB Coupé Aerodinamico, which realised
€2,184,000 ($2,839,000); the 2004 Ferrari Enzo, which achieved
€1,069,600 ($1,390,480); the 1965 Ferrari 275 GTB, for
€1,120,000 ($1,456,000); and the 2010 Ferrari 599XX, which
brought €918,400 ($1,193,120). In total 15 Ferraris were offered at
Villa Erba, all of which sold very strongly.
However, it was not only Ferraris that proved popular with bidders.
The stunning 1962 Mercedes-Benz 300 SL Roadster impressed
everyone with its immaculate presentation and garnered
significant pre-sale interest. When the hammer fell, the car found
a new owner for €1,114,400, an extremely stong price for a 300SL
Roadster. Always popular with collectors, the 1967 Lamborghini
Miura P400 also sold extemely well at €425,600 ($553,280).
Rob Myers, Chairman and Founder of RM Auctions, said: “In
discussion with a long-time friend and London-based broker, he
conceded that he is now advising clients to sell great, important
automobiles at auction. He, like many within the market, has
realised that it’s incredibly hard to know the correct selling figure
of a car before it is offered to a truly worldwide clientele. The
Ferrari 340/375 MM proves this to be true, having achieved an
amazing price here at Villa Erba.â€
RM Auctions continues its European events calendar in England,
8-9 September with its well-established London sale held in
partnership with the exclusive St. James’s Concours of Elegance.
Images Peter & Wolfgang Singhof ...
www.ClassicCarPhotography.de
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