As reported by RM Auctions
The inaugural Sporting Classics of Monaco auction, held at the Grimaldi Forum on 1st May, saw five automobiles fetch prices in excess of €2,000,000 and two new world records get set. Registered bidders came from 33 different countries on the telephone, over the Internet and assembled in the standing-room-only venue.
RM welcomed a number of first-time clients to its
Monaco debut with new bidders representing 28 percent of all registrations. In addition, approximately 3,300 people watched the live streaming video coverage of the sale over the Internet.
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| Photo: RM Auctions |
The event’s top seller was a rare 1962 Ferrari 400 Superamerica Cabriolet Pininfarina SWB, s/n 3309 SA, setting a new world record for a Superamerica when it sold for €2,800,000 ($3,799,600), well exceeding its high estimate of €2,450,000. A rare 1960 Maserati Tipo 61 ‘Birdcage’, s/n 2470, also set a new world record for a Birdcage at €2,464,000 ($3,343,648).
The sale’s cover car, the 1937 BMW 328 MM ‘Bügelfalte’, s/n 85032, exchanged hands less than 24 hours after the sale’s conclusion for a confidential sum and is not included in the final sale results.
Overall, 88 of the 105 pre- and post-war motor cars changed hands to produce an 86 percent sell-through rate, and the event achieved €33,235,917 ($45,101,139) in total sales, making Sporting Classics of Monaco’s debut one of the most successful automobile auctions ever held.
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| Photo: RM Auctions |
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| Photo: RM Auctions |
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| Photo: RM Auctions |
