Making an astonishing debut in Monaco, RM Auctions grossed 33,235,917 euros at its Grimaldi Forum sale. This could well be one of the most successful collectors’ motor car auctions in history.

Top seller, one of five cars surpassing the two million euro mark, was the 1962 Ferrari 400 Superamerica Cabriolet Pininfarina SWB, chassis no. 3309 SA, achieving a new world record for a Superamerica when it sold for 2,800,000 euros.

The other members (all Italian, incidentally) of the 'two-million club' were:

1962 Ferrari 250 GT SWB Berlinetta 2,632,000 euros
1960 Maserati Tipo 61 ‘Birdcage’ 2,464,000 euros
1957 Ferrari 250 GT LWB Tour de France 2,352,000 euros
1959 Ferrari 250 GT LWB California Spyder 2,072,000 euros.

The Zach Collection ‘Star of India’ 1934 Rolls-Royce 40/50 hp Phantom II All Weather Cabriolet achieved 644,000 euros, while the saleroom was astonished when the 1950 Aston Martin DB2 Vantage sold for 291,200 euros - more than 100,000 euros over its top estimate.

The 1937 BMW 328 MM ‘Buegelfalte’ was bid the 4.3m euros on the night but failed to find a buyer; however, RM has conducted a successful post-auction sale on the car for an undisclosed sum.

The RM Monaco sale’s 86 per cent sell-through rate saw 88 of the 105 catalogue cars sold.

Max Girardo, Managing Director, RM Europe, speaking after the event said: “RM’s inaugural Monaco sale has set a new standard for collector car auctions, not only for the high quality of cars but also for its impeccable presentation and client experience. Two world record prices, and seven lots achieving in excess of one million euros, aptly illustrate this achievement.

“Our Monaco sales results underscore RM’s undisputed leadership position in the investment-grade segment of the collector car market.”

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Full review to follow shortly...

Text: Steve Wakefield
Photos: Classicdriver

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