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RM Sotheby’s Milan Sale Sets Record
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Simone Caldirola
Auctions

RM Sotheby’s Milan Sale Sets Record

Avatar photoVR Staff

RM Sotheby’s staged its Duemila Ruote sale last weekend in Milan, Italy, coinciding with the classic and sports car show the Milano AutoClassica, and was rewarded with the largest automotive-themed collection sale ever held in Europe. During approximately 30 hours of bidding, 817 lots of motor cars, motorcycles, bicycles, boats and automobilia — all from a single private collection, reportedly a government seizure — were sold before a packed house at the Fiera Milano, with sales totaling €51,263,270 million (US$54.85 million).

“It feels like we achieved the impossible here in Milan this week,” commented RM Sotheby’s Car Specialist Augustin Sabatié-Garat. “The logistical challenges involved with putting on this sale are mind-boggling, but we have risen to the challenge and achieved results that nobody could have anticipated. The auction venue alongside the Milano AutoClassica was busier than we have ever seen in a sale room.”

The collection’s 423 cars, many of which were appearing on the open market for the first time in decades, offered a range of ownership opportunities, driving countless bidding contests over the course of the three-day auction. Top sale honors went to a 1966 Ferrari 275 GTB/6C Alloy (above, Simone Caldirola photo courtesy of RM Sotheby’s), the first of just seven long-nose, six-carburetor, alloy body, torque tube 275 GTBs that generated an impressive winning bid of €3,416,000 (US$3,192 million). The top 10 sellers, with prices in Euros, are listed below:

  1. 1966 Ferrari 275 GTB/6C Alloy €3.416.000
  2. 2004 Maserati MC12 €3.024.000
  3. 1992 Ferrari F40 €1.030.400
  4. 1988 Porsche 959 ‘Komfort’ €1.008.000
  5. 1969 Ferrari 365 GTB/4 Daytona Berlinetta ‘Plexi’ €873.600
  6. 1991 Lancia-Ferrari LC2 Group C €851.200
  7. 2005 Porsche Carrera GT €761.600
  8. 1969 Ferrari 365 GTC €739.200
  9. 1994 Bugatti EB110 GT €616.000
  10. 1996 Porsche 993 GT2 €616.000

Full results from RM Sotheby’s Duemila Ruote sale are available at www.rmsothebys.com.

 

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Brand (Bugatti)Brand (Ferrari)Brand (Lancia)Brand (Maserati)Brand (Porsche)Place (Milan)The Market (Auctions & Market)The Market (Auctions)Vendor (RM Sotheby's)

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