My Car Quest

June 19, 2019

RM Sotheby’s Auction Results From New York

by Mike –

The RM Sotheby’s Driven by Disruption auction in New York on December 10 was a success as far as I can tell. They sold 21 cars out of a total of 31 for a sell rate of 68%.

This is not their highest sell through rate but they sold some big dollar cars and maybe set a record or two.

Here are some of my favorites (the sales price includes the buyer’s premium).

1972 Lamborghini Miura P400 SV by Bertone

Sold for $2,420,000

Lamborghini Miura

1964 Porsche 356 C 1600 SC Cabriolet by Reutter

Sold for $1,760,000

Porsche 356 C 1600 SC Cabriolet

Janis Joplin’s “History of the Universe” Porsche 356 Cabriolet.

1962 Aston Martin DB4GT Zagato

Sold for $14,300,000

Aston Martin DB4GT Zagato

I wrote about this Aston Martin Zagato before and I have seen this car in person many times.

I estimated the sales price would be $12 million – $15 million and the hammer price was $13 million – close to the middle of my estimate. The RM estimate was much higher but I believe this is a record price for this model.

1973 Porsche 911 Carrera RS 2.7 Touring

Sold for $918,500

Porsche 911 Carrera RS 2.7

1956 Ferrari 290 MM by Scaglietti

Sold for $28,050,000

Ferrari 290 MM

This was the highest price of the auction.

RM wrote,

1956 Mille Miglia, Juan Manuel Fangio, 4th-overall
Extensive and documented racing history
An irrefutable piece of automotive history
Ferrari Classiche certified

1963 Pontiac Bonneville “Roy Rogers” Nudie Mobile

Sold for $308,000

Pontiac Bonneville

Part of the Roy Rogers-Dale Evans Museum for over 45 years

1981 Lamborghini Countach LP400 S Series III by Bertone

Sold for $962,500

Lamborghini Countach

1969 De Tomaso Mangusta by Ghia

Sold for $297,000

De Tomaso Mangusta

I wrote about this Mangusta here.

1981 BMW M1

Estimate $800,000 – $1,000,000 and a no sale at at high bid of $675,000.

BMW M1

I wrote about this BMW here.

Let us know what you think in the Comments.

Read all the results at the RM Sotheby’s auction here.

 

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Summary
RM Sotheby's Auction Results From New York
Article Name
RM Sotheby's Auction Results From New York
Description
Selected results from the RM Sotheby's Driven by Disruption Auction in New York.
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Comments

  1. Thom Ollinger says

    Imagine what a 1956 Ferrari race car is worth a few years after it isn’t competitive. I am think it wasn’t worth very much. Possibly sold cheap to a private team. I wonder how low that 56 Ferrari’s value fell before eventually climbing to $28 million.

  2. To answer your question, I used to sell used Ferraris for $4,000 to $5,000. Race cars were not more valuable then, as they tended to be more difficult to drive, and were usually clapped out. A 250GTO sold for $5,500 back in the day. This was in the 60’s and early 70’s. In the 80’s prices started to sky-rocket, with a big collapse around 1990, as I recall. After a few years, the sky-rocket re-ignited, and hasn’t stopped yet. Mind-boggling to one with my perspective.

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