Auction records in Monaco

The second weekend in May 2016 was characterized not only by loud motor noise in Monaco, but also some shots of the auction hammer. In the context of the Grand Prix Historique Monaco the big auction houses have invited to auctions. There was a lot to bid, leaving a collector’s heart beat faster. And what could stand more in the spotlight, as racing cars.
Bonhams could announce two sensational record sales. A real bidding battle caused the former Benetton B191 / 191 B formal 1 race car from the Michal Schumacher in which he had fought for its place on the winner’s podium in the season 1991 / 1992 for the first time. The estimate for this car was 220,000 to 280,000 euro .With a final bid of 920,000 euros, it proceeded far beyond the actual estimate. The Jaguar XK120 C-type racing two seater, which was auctioned with a maximum price of 7.25 million euros, was also significantly higher than the estimate. This was approximately one and a half times higher then the estimated value of this racing car, which started in 1953 in Le Mans and remained from then on in the same ownership since 1963.



At RM & Sotherbys’s, it were especially the sporting classic or race cars, which had brought the bidding going. But the big hopes remained standing. As for example the 1968 Ferrari 275 GTS/4 N.A.R.T. spider with a Scaglietti body didn´t even get close to the estimate of 19 to 22 million euros. Other Ferraris, such as the 1972 Ferrari 365 GTS/4 Daytona spider, the 1967 Ferrari 330 GTS Pininfarina or the 1964 Ferrari 250GT/L Berlinetta Luso by Scaglietti, but also the 2008 Peugeot 908 HDi FAP Le Mans prototype could not be auctioned. Overall, 32 vehicles didn´t reach the estimate.
But despite all this, RM auctions could announce some record sales. The sale of the 1995 Lamborghine Diablo SE30 jota reached a World record price and was auctioned with 672.000 euro. Also a world record was the bid of 336.000 euro for the Aston Martin DB is AR1 by 2004. A 1982 Renault 5 Turbo Group 4 could achieve all 476.000 euro. The highlight however was the Austin Healey 3000 Mk1 works race car, who signed up for 40,000 euros to a new owner at this auction.
The RM & Sotherbys auction in Monaco itself was new. The longtime auctioneer Max Girardo had made himself independent and so Maarten ten Holder, who conducted the auction for. A difficult legacy – but restrained sales are certainly not due to this fact.