$33.4m of sales in two hours... Classic car investments take to the fast lane


2015-06-26 12:24:49


$33.4m of sales in two hours... Classic car investments take to the fast lane

A classic 1955 Ferrari sped ahead a RM Auctions sale in Italy, achieving a stunning $4.47m price

RM Auctions kicked off its 2011 European calendar in style on May 21, posting over 23m ($33,436,750) at its debut sale at the Concorso d'Eleganza Villa d'Este in Cernobbio, Italy.

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 hand-picked selection of 32 motor cars, top sale honours went to a stunning 1955 Ferrari 375 MM Berlinetta for 3,360,000, while a breathtaking, concours-quality 1938 Talbot-Lago T150-C SS Teardrop Coup sold for 3,136,000.

1955 Ferrari 375 MM Berlinetta Pinin FarinaThe spectacular 1955 Ferrari 375 MM Berlinetta Pinin Farina

Offered for the first time, the visually-striking selection of concepts from the official collection of Bertone S.p.A was one of sale's many highlights, garnering significant attention and spirited bidding. Headlined by the wild 1967 Lamborghini Marzal which sold for 1,512,000, total sales for the collection surpassed 3.6m, with numerous lots far-exceeding expectations.

Additional notable sales included the 1974 Lamborghini Bravo which achieved 588,000, almost four times its pre-sale estimate, while the 1980 Lamborghini Athon also attracted strong interest and doubled its estimate to sell for 347,200.

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