Media Release


RARE 1955 PORSCHE 550 SPYDER STEALS THE SHOW AT RM SOTHEBY’S PARIS SALE

Paris

  • RM Sotheby’s generates over €19 million at its third annual Paris sale during the world-famous Rétromobile week

  • Sale highlights: 1955 Porsche 550 Spyder garners €2.744.000, while 1992 Lancia Delta HF Integrale Evo 1 ‘Martini 6’ achieves world record price
  • Seven lots exceed €1 million each
  • Packed auction room with bidders hailing from 24 countries
  • Complete RM Paris results available at www.rmsothebys.com
  • RM Sotheby’s continues its 2016 European calendar with its biennial Monaco sale, 14 May during the Grand Prix Historique weekend

 

PARIS (4 February, 2016) – RM Sotheby’s, the world’s largest collector car auction house for investment-quality automobiles, returned to Place Vauban last night for its third annual Paris sale. A highlight of the world-famous Rétromobile week, the auction achieved €19,035,550* ($20,843,927 US) before a standing-room-only crowd. With active bidding from global collectors representing 24 countries, the result was a successful sell-through of 79 percent. One of the highlights of the evening sale was the 1955 Porsche 550 Spyder, which realized a strong €2.744.000. In total, seven automobiles achieved individual million-euro-plus results.

 

The Porsche 550 Spyder was undoubtedly the star of the auction preview, with enthusiasts flocking to Place Vauban to glimpse the rare competition sports racing car. The featured example was significant for being the 1955 Frankfurt Motor Show car and one of just 75 factory-built ‘customer’ 550 Spyders, with period U.S. racing history that includes 3rd in class at the 1956 Sebring 12 Hours. Supremely eligible for vintage tours, rallies and racing, it represented a rare and highly coveted prize for collectors, and deserved excellent price it achieved on the night.

 

Max Girardo, Managing Director of RM Sotheby’s Europe said: “We had some great lots on offer in Paris and the Porsche 550 Spyder, in particular, represented everything that we wish to bring to market. It’s a car with great history, rarity and huge desirability; it simply ticks all the boxes.”

 

Beyond the Porsche 550 Spyder, the German marques did well in Paris, proving that Italian exotics don’t always dominate the market. Another highlight was the beautiful 1957 BMW 507 Roadster Series II. Only 252 examples of this rakish German V8 powered sports car were made, so it was not a surprise to see it sell for a very strong €2.016.000. The 1955 Mercedes-Benz 300 SL Gullwing, presented beautifully in its wonderful white paintwork, is another true German icon of the classic car world. Offered in outstanding restored condition, it sold for a well-deserved €1.176.000 before the packed auction room.  The other star lot of the sale, the beautiful 1962 Ferrari 400 Superamerica LWB, which came very close to its reserve price during the auction, was sold immediately after the sale for a final €2.950.000.

 

Additional highlights of the evening included the 2004 Ferrari Enzo, one of the newest cars in the sale and certainly one of the greatest of all the modern hypercars to emerge in recent years, which made €1.568.000, while the 1992 Lancia Delta HF Integrale Evo 1 ‘Martini 6’, which attracted much pre-sale interest, sold for €134.400—a world-record price for the model at public auction. 

 

RM Sotheby’s Paris 2016 – Top 10 Sales

  1. Lot 152 - 1962 Ferrari 400 Superamerica LWB     €2.950.000
  2. Lot 143 - 1955 Porsche 550 Spyder                      €2.744.000
  3. Lot 150 - 1957 BMW 507 Roadster Series II         €2.016.000
  4. Lot 138 - 2004 Ferrari Enzo                                   €1.568.000
  5. Lot 141 - 1997 Ferrari F50                                     €1.275,000
  6. Lot 151 - 1955 Mercedes-Benz 300 SL Gullwing  €1.176.000
  7. Lot 145 - 1989 Ferrari F40                                     €1.036.000
  8. Lot 110 - 1957 Mercedes-Benz 300 Sc Coupé      €   498.400
  9. Lot 137 - 1960 Ferrari 250 GT Coupé                    €   459.200
  10. Lot 109 - 1974 Ferrari 365 GT4 BB                        €   400.000

 

Following a busy start to the 2016 season, which has included successful performances at both Arizona and Paris during the past five days, RM Sotheby’s is now looking ahead to its annual Amelia Island Concours d’Elegance sale, March 12 in Florida.  The company’s next European auction—it’s exclusive, biennial Monaco sale—is scheduled for 14 May during the Grand Prix Historique de Monaco weekend. Quickly becoming one of Europe’s leading collector car auctions, RM’s last Monaco performance (2014) generated more than €41 million. Early highlights for this year’s event include a 1951 Ferrari 340 America Barchetta and the 1984 Peugeot 205 T16, both of which are currently on view at RM’s Retromobilé stand (S037) through 7 February.

 

For complete results from RM Sotheby’s Paris sale and further information on upcoming events, please visit www.rmsothebys.com or call RM’s London office at +44 (0) 20 7851 7070.

 

*Results are listed in Euros and include 12 percent buyer’s premium for automobiles and 17 percent on all other lots. Sale totals include post-sale transactions. Exchange rate used: €1 = $1.095 USD, £0.765 GBP

 

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About RM Sotheby’s

RM Sotheby’s (formerly RM Auctions) is the world's largest auction house for investment-quality automobiles. With 35 years’ experience in the collector car industry, RM's vertically integrated range of services, from private treaty sales and auctions to estate planning, and financial services, coupled with an expert team of car specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. As a company, RM Sotheby’s has established numerous auction benchmarks, including the current record for the highest-grossing collector car auction of all time, with $172.9 million in sales at its 2015 Monterey event.   In February 2015, RM formed a strategic partnership with Sotheby’s, uniting the two companies for the full calendar of future automobile auctions. For further information, visit   www.rmsothebys.com .  

Alexander Weaver

aweaver@rmsothebys.com

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

asabatie-garat@rmsothebys.com

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

bruprecht@rmsothebys.com

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

dswig@rmsothebys.com

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

drose@rmsothebys.com

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

dgould@rmsothebys.com

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

jauerbach@rmsothebys.com

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

kforry@rmsothebys.com

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

mmalamut@rmsothebys.com

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

msquire@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

mfairbairn@rmsothebys.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

ocamelin@rmsothebys.com

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

pdarvill@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

pfisher@rmsothebys.com

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

smyers@rmsothebys.com

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

tvandervelden@rmsothebys.com

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more