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RM Auctions Monaco 2014 – Auction Results

1966 Ferrari 275 GTB Competition
1966 Ferrari 275 GTB/C sold for €5,712,000

The RM Auctions Monaco 2014 sale was held 10 May at Le Sporting in Monaco, resulting in €41,355,430 in total sales and a sell-through rate of 93 percent. Staged the same weekend as the Monaco Historic Grand Prix, the biennial RM Monaco sale saw at least 10 world auction records set throughout the five-hour event.

The top result among the 90 lots offered went to the 1966 Ferrari 275 GTB/C with coachwork by Scaglietti. Chassis 09067 is the ninth of twelve such cars produced and reported to be the most original example of its kind. The hammer fell at a record-breaking €5,712,000, making it the most valuable fixed-head Ferrari 275 ever sold at auction. In an auction thatsaw the Ferrari marque secure six of the top ten prices paid, it was the 1959 Ferrari 250 GT Pinin Farina Series I Cabriolet, chassis 1181 GT, that generated the second highest bid of the evening, securing €4,704,000 to become the most valuable of its model ever sold at auction. Rounding off the top three sellers was the 1967 Ferrari 330 GTS, chassis 10719, one of ninety-nine built and a multiple Concours winner, which found a new home for €2,128,000.

Max Girardo, Managing Director of RM Auctions, Europe, said, “It’s not often I’m lost for words, but I am simply stunned by what we have achieved tonight in Monaco. From a results perspective, this has been our biggest ever European sale and the 93 percent sell through figure is testament to the diversity and depth of quality that we had on offer. The atmosphere and energy was incredible right through to the final lot and it’s a particular delight that we have attracted so many enthusiastic new bidders from all around the world.”

Among the feature lots at the 2014 RM Monaco sale included the race-ready 1966 Brabham-Repco BT20 Formula One car that had been victorious at the 1967 Monaco Grand Prix in the hands of Denny Hulme during his championship-winning year. The Brabham sold for €1,092,000, well above its pre-sale high estimate of €720,000. The Brabham wasn’t the only lot on offer to have a particularly strong relationship with the principality, as RM also offered the 1958 Riva Tritone also known as ‘Via’. This boat was owned from new by H.S.H. Prince Rainier lll of Monaco and his wife, Princess Grace, and is therefore a piece of cultural history in the principality. The restored Riva secured €403,200.

RM Auctions Monaco 2014 – Top Ten Auction Results

1. 1966 Ferrari 275 GTB/C – €5,712,000
2. 1959 Ferrari 250 GT Pinin Farina Cabriolet Series I – €4,704,000
3. 1967 Ferrari 330 GTS – €2,128,000
4. 1967 Ferrari Dino 206 S Spider – €2,072,000
5. 1968 Alfa Romeo Tipo 33/2 Daytona – €1,260,000
6. 1958 Lister-Jaguar Knobbly Prototype – €1,176,000
7. 1997 Ferrari F50 – €907,200
8. 2003 Ferrari Enzo – €868,000
9. 1956 Porsche 356 A Carrera 1500 GS Speedster – €840,000
10. 1969 Lamborghini Miura P400S – €840,000

For complete auction results, visit rmauctions.com.

[Source: RM Auctions]