911 CARRERA RS 2.7 HEADLINES SILVERSTONE AUCTIONS’ AUTOSPORT DEBUT
Wednesday, 19 December 2018
Saturday, 15 December 2018
RM SOTHEBY’S REPORTS $423 MILLION IN GLOBAL AUCTION SALES IN 2018
- 3,300 lots sold across 13 auctions in 4 countries
- 84 percent overall sell-through rate
- Bidders from 59 countries
- 23 percent of bidders are first-time clientele
- Cars sourced from 32 countries
- 68 lots sold for over US$1 million
LED BY MOST VALUABLE CAR EVER SOLD AT AUCTION:
$48.4 MILLION 1962 FERRARI 250 GTO
$48.4 MILLION 1962 FERRARI 250 GTO
- Ferrari 250 GTO sold at RM Sotheby’s 2018 Monterey auction becomes most valuable car sold at auction in 2018 and most valuable car ever sold at auction
- RM Sotheby’s holds top Ferrari, Porsche, Aston Martin, and Mercedes-Benz sales for 2018
- RM Sotheby’s has sold six of the top ten most valuable cars ever sold at auction
RM SOTHEBY’S TOP TEN AUCTION SALES OF 2018
1. 1962 Ferrari 250 GTO $48,405,000 (Monterey)
The most valuable car ever sold at auction
2. 1956 Ferrari 290 MM $22,005,000 (Petersen Automotive Museum)
One of the top ten most valuable cars ever sold at auction
3. 1963 Aston Martin DP215 Grand Touring Competition Prototype $21,455,000 (Monterey)
Most valuable Aston Martin sold at auction in 2018
4. 1966 Ford GT40 Mk II $9,795,000 (Monterey)
Most valuable Ford sold at auction in 2018
5. 1985 Porsche 959 Paris-Dakar $5,945,000 (Porsche 70th Anniversary)
Most valuable Porsche sold at auction in 2018 and a world record for a Porsche 959
6. 1957 Porsche 550A Spyder $4,900,000 (Monterey)
One of the top ten most valuable Porsches ever sold at auction
7. 1956 Maserati A6G/2000 Berlinetta $4,515,000 (Monterey)
A new world record for the model at auction
8. 1998 Mercedes-Benz AMG CLK GTR $4,515,000 (Monterey)
A new world record for the model at auction
9. 2017 Bugatti Chiron $4,138,068 (Paris)
A world record price for the model at auction
10. 1934 Packard Twelve Individual Custom Convertible Victoria $3,745,000 (Monterey)
One of the most valuable and most significant Packards ever sold at auction
PRIVATE SALES DIVISION TRANSACTIONS EXCEED MORE THAN $150 MILLION
- Private Sales division handles the discreet sale of more than $150 million of some of the world’s most significant collector cars in 2018
- Successful transactions led by 1963 Ferrari 275 P, the only Ferrari to have won the legendary 24 Hours of Le Mans twice, 1958 Ferrari 250 Testa Rossa, and highly sought-after 1998 McLaren F1 LM-Specification
FOR A COMPLETE REVIEW OF 2018 HIGHLIGHTS, PLEASE CLICK HERE
BLENHEIM, Ontario (13 December 2018) – RM Sotheby’s, the world’s largest auction house for investment quality automobiles, has released global auction sales totals and highlights for 2018 following the company’s final event at the Petersen Automotive Museum in Los Angeles this past weekend.
“2018 proved to be an outstanding year for RM Sotheby’s despite the subdued conditions in the collector car market,” says Kenneth Ahn, President, RM Sotheby’s. “RM Sotheby’s maintained market leadership as the largest collector car auction house by total sales and saw strong activity in the high end of the market, as we sold 68 collector cars for over $1 million each, for a combined value of more than $222 million (approx. 52 percent of our total sales); we also maintained our position as number one auction house in $1 million+ cars by both total sales and the number of cars sold. As illustrated by our top ten results, prices for rare, high-quality cars have been exceptionally strong across several segments of the market, from blue-chip racing and touring cars of the 1950s and 60s, to great American Classics and modern supercars.”
Looking ahead to 2019 and the state of the collector car market globally, Ahn continues, “After two consecutive years of declining average prices for collector cars sold across global auction houses, we have witnessed a stabilization in the pricing environment and solid market fundamentals, including strong industry-wide total sales and sell-through rates, in 2018. Further, the higher end of the market has been exceptionally strong for us, and our new Private Sales Division achieved total sales of more than $150 million –a result well beyond our expectations. We at RM Sotheby’s are optimistic about the collector car market heading into 2019, as we look forward to expanding into new regions as well as expanding our offerings across a growing global client base. We are grateful for our clients around the globe who have entrusted us in buying and selling some of the best motor cars in the world.”
RM Sotheby’s will open its 2019 calendar with the company’s 20th annual Arizona auction, 17-18 January at the Biltmore Resort & Spa in Phoenix. The complete digital catalogue for the Arizona sale will be available ahead of the holiday season, with additional feature car announcements yet to come. The company’s sixth annual Paris auction, set for 6 February, will be coupled with a Private Sales display on RM Sotheby’s stand at the renowned Rétromobile show as the division grows its presence in Europe. The auction house will further extend its European footprint into Germany with its inaugural sale at Techno Classica Essen, which has now been expanded to a two-day auction, 11-12 April, thanks to the addition of , which is already drawing significant interest. RM Sotheby’s will also become the official auction partner of Aston Martin in 2019, adding a third, single-marque evening to its 2019 Monterey sale.
For additional information on all upcoming RM Sotheby’s events, please visit rmsothebys.com. Interested consignors and bidders are invited to call +1 519 352 4575 (Canada), +1 310 559 4575 (California), or +44 (0) 20 7851 7070 (UK/Europe) to speak with a car specialist.
$22M FERRARI 290 MM LEADS RM SOTHEBY’S
PETERSEN AUTOMOTIVE MUSEUM AUCTION
PETERSEN AUTOMOTIVE MUSEUM AUCTION
290 MM BECOMES ONE OF TOP TEN MOST VALUABLE CARS SOLD AT AUCTION
AUCTION TOTALS $40 MILLION IN SALES WITH 88 PERCENT OF ALL LOTS SOLD
- RM Sotheby’s generates $40 million with 88 percent of all lots sold at the Petersen Automotive Museum
- Top sale achieved by one-of-four Ferrari 290 MM racer at $22 million
- Strong prices across all categories, including hot rods, sports and GT, supercars and modern performance
- Complete results from RM Sotheby’s Petersen Automotive Museum Auction available at rmsothebys.com
This past Saturday, 8 December, RM Sotheby’s achieved $39.8 million in total sales at the company’s final auction of 2018 at the renowned Petersen Automotive Museum. Leading the group of 64 vehicles and 77 lots of memorabilia representing a cross-section of significant eras and 10 categories in collector car history—of which 88 percent found new homes—was the remarkably rare 1956 Ferrari 290 MM, which sold for $22,005,000, entering the ranks of the top ten most valuable motor cars ever sold at auction.
The Ferrari 290 MM, chassis no. 0628, ignited an extended bidding contest between three collectors over the phones before selling for a final $22,005,000. The fully matching-numbers, Classiche-certified 290 MM was campaigned by Scuderia Ferrari for the 1956 and 1957 seasons, piloted by an amazing roster of factory team drivers including Juan Manuel Fangio, Phil Hill, Peter Collins, Wolfgang von Trips, Olivier Gendebien, Eugenio Castellotti and later, under private ownership, Sir Stirling Moss, in some of the most prestigious events the racing world has known.
Supercars and modern hypercars once again shined, with six models exemplifying the pinnacle of high performance from their respective marques found in RM Sotheby’s Los Angeles top ten sales. Leading the group is a fantastic example of the original supercar, a 1971 Lamborghini Miura P400 SV by Bertone, the only Miura SV originally finished in Bleu Medio, which realized $2,205,000 on the podium (Est. $2.1/2.5m). Additional highlights include a 279-mile 2015 Porsche 918 ‘Weissach’ Spyder in Factory Matte Black wrap and Martini livery, which sold for $1,534,000 (Est. $1.5/1.7m), a 350-mile 2015 McLaren P1 accessorized with a host of McLaren Special Operations options, which achieved $1,435,000 (Est. $1.3/1.7m), and a 4,000-km 1989 Ferrari F40, which drew tremendous interest and fetched a final $1,545,000 (Est. $1.2/1.6m).
The wild and eclectic tastes of Southern California car culture also drew enthusiastic bidding for some of the more unique lots in the sale, including for the 1976 Porsche 935 Gr. 5 Turbo by Kremer in a unique Ice Green Metallic color combination, which achieved $173,600 (Est. $150/200k) and for the 1962 Ed Roth “Mysterion” Recreation, one of the most extraordinary custom car creations of the last century, built by widely published petroleum engineer, Jeff Jones, which realized $246,400, more than doubling low estimate (Est. $100/150k, offered without reserve). Beyond the cars, the trio of Honda mini bikes on offer also well-surpassed expectations, led by the 1970 Honda CT70 'Trail 70' which sold for $15,600 against a pre-sale estimate of $2,000 - $3,000.
“This weekend’s auction at the Petersen Automotive Museum represented the most successful collector car auction ever held in Los Angeles and was highlighted by spirited bidding throughout the entire auction for lots that were globally sourced for this most unique and impressive venue,” said veteran Car Specialist, Alexander Weaver of RM Sotheby’s, following the sale. “The results re-affirmed market strength in many blue-chip collector cars, along with a continued and growing appreciation for modern collectables.”
“It was an honor to host RM Sotheby’s final sale of 2018 at the Petersen,” adds Petersen Automotive Museum Executive Director Terry L. Karges. “Since our grand renovation in 2015, we’ve dreamed of partnering with this world-class auction house to bring automotive treasures from the nation’s top collections to the heart of Los Angeles car culture. We’re delighted to announce that this has been the most successful auction we’ve hosted in our 24-year history, and we look forward to continuing the tradition for many years to come.”
RM Sotheby’s Petersen Automotive Museum Auction – Top Ten Sales
1956 Ferrari 290 MM (CHASSIS NO. 0628)
1971 Lamborghini Miura P400 SV (CHASSIS NO. 4912)
1989 Ferrari F40 (CHASSIS NO. ZFFGJ34B000080161)
2015 Porsche 918 'Weissach' Spyder (SERIAL NO. 652)
2015 McLaren P1 (SERIAL NO. 233/375)
1955 Mercedes-Benz 300 SL Gullwing (CHASSIS NO. 198.040.5500695)
1972 Ferrari 365 GTB/4 Daytona Berlinetta (CHASSIS NO. 14999)
2005 Porsche Carrera GT (CHASSIS NO. WP0CA29855L001164)
2018 Aston Martin Vanquish Zagato Villa d'Este (SERIAL NO. 79/99)
1965 Lamborghini 350 GT (CHASSIS NO. 0232)
The Petersen Automotive Museum Auction rounds out RM Sotheby’s 2018 calendar of events. The company will open its 2019 auction calendar with a return to the Biltmore Resort & Spa for its 20th annual Arizona sale, 17-18 January. The complete catalogue for the Arizona auction will be available at rmsothebys.com in the coming weeks. The Arizona sale will be closely followed by the company’s first European sale of the year, set for 6 February in Paris. An updated list of entries for the Paris sale is also available at rmsothebys.com.
Complete results from RM Sotheby’s Petersen Automotive Museum Auction and additional information on all upcoming RM Sotheby’s 2019 events are available at rmsothebys.com.
ANOTHER RECORD-BREAKING YEAR FOR THE BONHAMS MOTORING DEPARTMENT
Bonhams final motor car sales of the 2018 were held in London at the beginning of December and realised £8.5M. The results brought a satisfying conclusion to a record-breaking year. Bonhams has held 18 motor car sales and five motorcycle sales this year in no fewer than six countries. World auction records were achieved for both marques and models throughout the year.
Bonhams Motoring Highlights of 2018
- Bonhams took the record for the most valuable British car ever sold at a European auction when 1961 Aston Martin ‘MP209’ DB4GT Zagato ‘2 VEV’ sold for £10,081,500 at the Goodwood Festival of Speed Sale. In the same sale, a world record was set for a BMW at auction when the ex-John Surtees 1957 BMW 507 Roadster sold for £3,809,500. The 1932 Alfa Romeo Tipo B Grand Prix Monoposto achieved £4,593,500.
- At the Las Vegas Sale in January, Bonhams took the record for the most valuable motorcycle ever sold at auction when the ex-Tony McAlpine, Jack Ehret, Australian Land Speed Record-Breaking 1951 Vincent 998cc Black Lightning sold for $929,000
- At the Bond Street Sale, the 1958 BMW 507 3.2-Litre Series II Roadster owned by Count Albrecht Graf von Goertz, the model’s designer, sold for £2,367,000 and the 1924 Vauxhall 30/98 OE Velox Tourer ordered new by the Maharajah of Jammu and Kashmir sold for £437,000, a world record for the model at auction.
- A 1958 Porsche 550A Spyder sold for $5,170,000 at the Scottsdale Sale in January. The 1972 Ferrari 365 GTS/4 Daytona Spider for $2,640,000.
- Bonhams sold the largest-ever collection of Fords in a single-owner on-site sale at our 100% sold Den Hartogh Collection in the Netherlands, led by a world record for the 1905 Ford Model B at €419,750.
- News of the ‘Bond’ 1965 Aston Martin DB5 that featured in Goldeneye was spread across the globe. It sold at the Festival of Speed Sale for an impressive £1.9M.
- The 1970 Husqvarna 400 Cross owned and ridden by Steve McQueen in On Any Sunday was one of the star lots at Bonhams first sale at the Barber Museum, Alabama. It sold for $230,500.
- Both Stafford Motorcycles were record-breaking. The Spring edition set records for the most valuable Clymer Münch ‘Mammoth’ at auction (£154,940) and in the Autumn, the 1925 Brough Superior 981cc SS100 Sand Racer Project became the most valuable Brough project at £264,500. Both sales saw more than 90% of lots sold.
- 1926 Bentley 3-Litre Red Label Speed Model sold at Les Grandes Marques du Monde au Grand Palais for €701,500 a world record for the model.
- The 1993 McLaren MP4/8A used by Ayrton Senna at his final Monaco GP sold at the Monaco sale for €4,197,500 and his first Monaco Grand Prix car, the 1984 Toleman TG184 that sparked his rivalry with Prost sold for a record €1,610,000.
- The London to Brighton Sale enjoyed a sell-through rate of more than 95% and included a world record price for a Darracq at auction. The 1903 24hp Model JJ rear-entrance tonneau sold for £599,640
- At Quail Lodge, highlights included the 1937 Mercedes-Benz 540K Sports Roadster ($3,578,442) and the 1948 Alfa Romeo 6C 2500 Competizione ($3,525,000).
- The biggest ever Zoute sale in Belgium achieved several model world auction records, including the 1962 Aston Martin DB4 ‘Series V’ Vantage (€1,121,250), the 1960 Ferrari 250 GT Series II Pininfarina Coupé (€989,000) and the 1973 Citroën DS23 IE Décapotable (€425,000).
James Knight, Group Motoring Chairman at Bonhams commented, “Every area of the Motoring Group – by geography and category – has shown growth, whether it be by volume, success, auction records or new sales being added to complement our existing sales calendar.”
Thursday, 13 December 2018
Wednesday, 12 December 2018
$8.7 MILLION SOLD AT MECUM KANSAS CITY COLLECTOR CAR AUCTION
December Auction Adds Another to the Year’s Long List of Increased Sales
WALWORTH, Wis. – Dec. 11, 2018 – Mecum Auctions closed out 2018 this past weekend in Kansas City, Missouri, achieving overall sales totals of $8.7 million. The increase in sales over the 2017 Kansas City auction makes this year’s event another in a long line of auctions that have seen significant one-year growth. Individual sales were topped by a rare black 2006 Ford GT (Lot S120.1) with just 870 miles that brought $308,000.
As an auction noted for its annual delivery of a wonderfully diverse and varied lineup, this year’s event produced a surprisingly focused top 10 sales list. Seven of the top 10 sales were Chevrolets and four of those were Corvettes. It was two Resto Modded Camaros, however, that followed the Ford GT in top dollars achieved, with a 1967 model (Lot F243) selling for $77,000 and a 1969 (Lot F69) bringing $74,250. Others to appear in the top 10 included a pickup truck, a Bentley and a Cobra Replica, demonstrating that despite Chevrolet’s top 10 takeover, variety was indeed still on tap.
The complete top 10 collector-car sales at the Mecum Kansas City 2018 auction include:
For access to complete auction results, sign up for the free InfoNet service offered atMecum.com. Mecum’s next auction will be The World’s Largest Collector Car Auction, to be held Jan. 3-13 in Kissimmee, Florida, and featuring 3,500 vehicles and more than 3,000 items of Road Art to cross the auction block. For more details on upcoming auctions, to consign a vehicle or to register as a bidder, visit Mecum.com, or call (262) 275-5050 for more information.
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Tuesday, 11 December 2018
Thursday, 6 December 2018
Wednesday, 5 December 2018
MOTORS AND MINCE PIES! 80 PER CENT SALES RATE AT CCA’S FESTIVE DECEMBER SALE
Classic Car Auctions (CCA) has rounded off its 2018 season with a spectacular 80 per cent sales rate at its December Sale, where 117 quality ‘everyman’ classics were sold with total sales exceeding £1.6 million.
Hundreds of classic car enthusiasts filled the auction hall at the Warwickshire Event Centre to enjoy the Christmas themed auction, where traditional classics performed particularly well and seasonal generosity also raised £6,600 for charity.
“The December Sale was a great hit with our customers and great fun for us too! 2018 has been an excellent year for CCA with strong results and consistent demand at all of our sales. This gives us a hugely optimistic outlook on the classic car market for 2019,” comments Gary Dunne, sales manager, CCA.
Among the highlight results of the day, a rare, right-hand drive 1969 Alfa Romeo 1750 Spider in restored condition was the subject of an extended bidding war, resulting in a final sale price of £47,300, almost double its lower estimate.
Another classic which far exceeded its estimate was a very rare, UK-supplied 1972 Mercedes-Benz 300 SEL 6.3 which sold to a bidder in the room for £33,880 after a long fought bidders’ battle. A 1986 Porsche 911 Carrera Cabriolet manual presented in pretty Iris Blue with a comprehensive history was bought for £35,420.
From the superb line-up of British classics on offer, a 1967 Jaguar 340 Mk II in beautiful, fully restored condition also sold over estimate for £35,200. A restored 1972 Triumph Stag Mk 1 also over performed reaching £18,920, and a 1969 Riley Elf manual Mk III from the last year of production tipped past its estimate selling for £11,550.
A rare 1970 Morris Minor 1000 998 Saloon manual reading just 3,020 miles from new was offered as the first lot of the day and raised a total of £6,600 for the charity Safe Families for Children, Wales, including commission fees donated by the auction house.
“There was a fantastic atmosphere in the hall with mince pies, hot chocolate and mulled wine aplenty, as well as the brilliant humour and wit of our popular resident auctioneer, Jonathan Humbert,” continues Gary. “We already have the first cars confirmed for our next sale in March, so anyone looking to sell with us in the New Year should contact us sooner rather than later to secure a place in the sale.”
CCA ends 2018 with an impressive average sales rate of 75 per cent across its sales and total sales of over £7m.
CCA’s next sale will take place at the Practical Classics Classic Car and Restoration Show at the NEC, Birmingham on 23 and 24 March 2019. Vendors can benefit from a sellers commission of just 5%+ VAT and comprehensive marketing of their vehicle.
To see all the results of the CCA December Sale please visit: https://www.classiccarauctions.co.uk/cca-december-2018-classic-car-sale/view_lots/pn/all.