Cernobbio, Italy, 24 May, 2015
RM Sotheby’s, the official auction house of the Concorso
d’Eleganza Villa d’Este, continued its strong sales run in Italy last
night, realizing a fantastic €26,714,530 in sales* ($29,920,273
USD) at its exclusive Villa Erba auction on the shores of Lake
Como, Italy. Presenting spectacular cars in a spectacular setting,
the evening sale saw 34 / 39 lots sold before a packed house,
with numerous lively bidding contests erupting during the
two-and-a-half hour sale.
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The first European auction held by RM since it announced its
strategic partnership with Sotheby’s in February, the auction
captured the attention of the global collector community with
bidders hailing from 26 countries, including Russia, the United
Arab Emirates, and Hong Kong; 27 percent of bidders
represented first time clientele.
“We had another incredible collection of cars on offer at Villa
Erba. It’s always a stylish and well-attended sale; the setting, the
atmosphere and the quality of vehicles we consistently consign to
this auction make it a clear highlight of the European auction
calendar,” says Max Girardo, Managing Director RM Sotheby’s
Europe. “From the auction preview through until the end of the
sale, the energy was fantastic and translated into some great
prices. It’s a great honour being the official auction house of the
Concorso d’Eleganza Villa d’Este.”
Proving that cars with exceptional history and unquestionable
provenance continue to lead the market, top sales honors went to
a historic 1952 Ferrari 212 Export Barchetta, chassis 0158ED. A
spectacular early racing Ferrari, bidding on the Touring-bodied
Barchetta opened at €3 million before quickly climbing to an
impressive final €6,720,000, smashing the previous auction record
for the model. It led a string of 10 individual million-euro-plus sales
recorded during the course of the evening, each celebrated with a
round of enthusiastic applause from the audience.
Girardo adds, “The Ferrari 212 Export embodies the kind of
quality we aim to bring to our sales and its world record-breaking
price demonstrates the enduring strength of the auction market.”
The sale also underlined the continuing rise of the ‘modern era’
supercars with an incredible ‘full house’ of ultimate Ferraris selling
very strongly and each achieving seven figures. It is rare to be
able to offer all the classic Ferrari hypercars in one auction, so
the collection garnered significant interest and highly spirited
bidding. Highlighting the group was a 1985 Ferrari 288 GTO, the
spiritual successor to the 250 GTO, which sold for an exceptional
€1,904,000, while the 1991 F40, one of the most celebrated
high-performance supercars ever built, sold for €1,008,000. The
group also included a 1996 F50 for €1,232,000 and a 2002 Enzo
for €1,260,000. Proving that it’s not just Ferraris that collectors
queue up to buy, the car which many regard as the world’s first
true ‘supercar’, the 1971 Lamborghini Miura P400 S, also
attracted significant interest, garnering a strong €1,019,200.
Among other notable sales
· a stunning 1949 Alfa Romeo 6C 2500 SS Villa d’Este Coupe,
the epitome of sporting elegance and perfectly matched to the
Villa d’Este weekend, sold for an above-estimate €784,000;
· a striking ‘pistachio green’, Ferrari-powered 1974 Lancia Stratos
HF Stradale, the first automobile purposely built for competition in
the World Rally Championship, realized a strong €431,200;
· a two-owner 2007 Ferrari 599 GTB HGTE, confirmed its status
as a certain future collectible, exceeding estimate at €358,400;
· a 1959 Riva Florida “Nounours”, delivered new to screen siren
Brigitte Bardot, also exceeded expectations at €146,250; and,
· the generously donated BMW K1 motorcycle, which sold with
100 percent of all proceeds benefiting Caritas International in
support of earthquake relief in Nepal, found a new home for
€10,530, at least double its market value.
RM Sotheby’s Villa Erba Million-Euro Sales
Lot 110 – 1952 Ferrari 212 Export Barchetta - €6,720,000
Lot 120 – 1963 Ferrari 250 GT/L Berlinetta ‘Lusso’ - €2,016,000
Lot 105 – 1985 Ferrari 288 GTO - €1,904,000
Lot 133 – 1960 Ferrari 250 GT Cabriolet Series II - €1,568,000
Lot 107 - 2002 Ferrari Enzo - €1,260,000
Lot 108 – 1996 Ferrari F50 - €1,232,000
Lot 132 – 1953 Fiat 8V Cabriolet - €1,120,000
Lot 129 – 1971 Lamborghini Miura P400 S - €1,019,200
Lot 106 – 1991 Ferrari F40 - €1,008,000
Lot 112 – 1973 Porsche 911 Carrera RS 2.7 Sport Lightweight
€1,008,000
RM Sotheby’s continues its European auction calendar, 7
September in central London. The official auction partner of the
Royal Concours of Elegance, the London sale will lift the gavel on
approximately 75 blue-chip collectibles at Battersea Evolution.
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