RM Auctions posts over €23 million in sales during two hours of furious bidding at its inaugural sale at the world-renowned Concorso d’Eleganza Villa d’Este
Six automobiles fetch over €1 million, with two lots surpassing €3 million
Top-sellers: 1955 Ferrari 375 MM Berlinetta achieves €3.36 million and an exquisite 1938 Talbot-Lago T150-C SS Teardrop Coupé brings over €3.1 million
Bertone S.p.A Collection exceeds all expectations, resulting in €3.6 million in total sales
CERNOBBIO, Italy (24 May, 2011) – RM Auctions, the world’s largest collector car auction house for investment-quality automobiles, kicked off its 2011 European calendar in style on the weekend, posting over €23 million ($33,436,750) at its debut sale at the Concorso d’Eleganza Villa d’Este in Cernobbio, Italy.
Held in conjunction with the celebrated Italian concorso d’eleganza, the two-hour sale treated a discerning international audience to one of the most significant offerings of collector cars presented in recent auction history, including the highly-anticipated sale of six unique Bertone concept cars. Featuring a handpicked selection of 32 motor cars, six automobiles achieved individual million-euro-plus results, with two lots surpassing €3 million. Top sale honours went to a stunning 1955 Ferrari 375 MM Berlinetta for €3,360,000, along with a breathtaking, concours-quality 1938 Talbot-Lago T150-C SS Teardrop Coupé which sold for €3,136,000
1938 Talbot Lago T150C-SS Teardrop Coupe by Figoni et Falaschi
Inaugural auction at Villa d’Este on Lake Como will be one of our most exciting events to date, with about 30 world-class cars on offer. One of feature car is this 1938 Talbot-Lago T150C-SS Figoni et Falaschi Teardrop Coupe. Chassis 90112, it is one of only 11 examples with second-series “New York” Figoni coachwork and is built on the sophisticated short-wheelbase Talbot chassis with several unique features.
Unquestionably one of the prettiest and most desirable motor cars ever conceived, it has been restored to show quality and was an award winner at Pebble Beach in 2009. What better place to showcase this masterpiece of bespoke coachwork than at Villa d’Este?
1955 Ferrari 375 MM Berlinetta by Pinin Farina– RM’s eagerly awaited debut sale on Lake Como, Italy scheduled for 21st May, 2011– Exclusive evening auction to feature a limited, hand-picked selection of world’s finest motor cars– Early entries include a spectacular 1955 Ferrari 375 MM Berlinetta and a stunning 1938 Talbot-Lago T150C-SS Teardrop Coupe(LONDON) – Fresh on the heels of its announcement as the official auction house of the celebrated Concorso d’Eleganza Villa d’Este, RM Auctions has revealed two early star attractions for its debut sale on the picturesque Lake Como, Italy on the 21st May – a rare 1955 Ferrari 375 MM Berlinetta by Pinin Farina, s/n 0490 AM, and an exquisite 1938 Talbot-Lago T150C-SS Teardrop Coupe with coachwork by Figoni et Falaschi.
1964 James Bond’s Aston Martin DB5RM Auctions held its fourth annual Automobiles of London auction on October 27th, 2010 at Battersea Evolution in London, resulting in £19,147,790 in total sales and an 87% sell-through rate. This year’s Automobiles of London has been hitting the headlines for the astounding £2.912 million($4,608,500) price forJames Bond’s Aston Martin DB5.
Along with Most Famous Car in the World, 1964 James Bond Aston Martin DB5, were eight that surpassed the million dollar mark. For the past number of years our London sale has been a highlight on RM’s calendar of events, and this year we are once again very pleased with the results, said Max Girardo, Managing Director, RM Europe.
RM Auction Sports & Classics of Monterey
Monterey’s high-end collector-car auctions scored a number of huge multi-million sales, breaking price records and generally dismissing any notion of an ongoing economic recession. RM Auction’s Sports & Classics of Monterey sold an impressive 95 percent of its consignments in its three-day sale, racking up the highest overall results of the week at $67 million. Sixteen cars sold for more than $1 million, including the top-selling 1938 Talbot-Lago T150-C Lago Speciale with coachwork by Figoni et Falaschi and the 1954 Ferrari 375 MM Berlinetta, each hitting $4,620,000 (all prices include buyers premium).
1938 Talbot- Lago T150-C Lago Speciale Teardrop CoupeRM Auctions always reserves its most prestigious cars for Saturday night during the Monterey car week, and the lineup of vehicles was one of the most impressive in recent history. An exquisite 1938 Talbot-Lago T150-C Lago Speciale Teardrop Coupe with coachwork by Figoni et Falaschi, and an exceptional 1954 Ferrari 375 MM Berlinetta, the fifth of only seven examples built, each sold for $4,620,000 at RM’s Sports & Classics of Monterey Saturday night, leading an impressive group of 14 individual million-dollar-plus sales.