Auctions and Auction house · RM Sothebys

RM London – October 24th, 2019

https://rmsothebys.com/en/home/lots/lf19

5.30pm, October 24th, 2019

Known for its electric atmosphere and specializing in everything from imposing Edwardians to modern supercars, RM Sotheby’s London auction has been a highlight on the European calendar since 2007. This year, the sale is held at the renowned Olympia event space in West Kensington on the new date of 24 October, offering collectors and attendees the opportunity to experience the city during autumn. Proving once again that rare, modern-era supercars remain in strong demand, it was the 2003 Ferrari Enzo that proved its star quality by leading the results at RM Sotheby’s 2018 London sale, selling for £1.97 million to nearly eclipse its high estimate. For 2019, bidders can expect another exceptional group of more than 60 blue-chip collector cars spanning all segments of the market and assembled by RM Sotheby’s global team of expert car specialists. 2019 sees RM move away from their official auction of the royal concours d’elegance (the September calendar being full of auctions) and instead co-host a joint auction with their Sotheby’s parent, the other is a whisky auction so perhaps an Aston and a nice dram of Laphroig?

Date – Sold/ Offered/ (%) – Total Gross (US$) – High sale (US$)

2007 78/85 (88%) $37,533,508.00 $8,090,570.00 1937 Mercedes-Benz 540K Spezial Roadster
2008 71/99 (72%)  $24,615,595.00 $4,059,828.00 1997 McLaren F1
2009 68/85 (80%) $17,901,114.00 $1,005,582.00 2006 Mercedes-Benz CLK-GTR Roadster
2010 90/101 (89%) $31,051,068.00 $4,607,594.00 1964 Aston Martin DB5 “Goldfinger”
2011 78/99 (79%) $23,677,057.00 $3,577,988.00 1958 Ferrari 250GT Tour de France
2012 75/91 (82%) $22,212,654.00 $3,157,825.00 1959 Ferrari 250GT Tour de France
2013 121/134 (90%) $33,821,020 $3,315,081 1957 Maserati 250S
2014 68/80 (85%) $34,237,829.00 $7,861,630.00 1956 Ferrari 250GT Tour de France
2015 53/75 (71%) $25,117,084.00 $7,264,322.00 1958 Ferrari 250GT Tour de France
2016 65/87 (75%) $29,000,013.00 $3,226,780.00 1960 Aston Martin DB4GT
2017 39/71 (55%) $9,218,864 $2,355,455 2004 Ferrari Enzo

2018 49/95 (52%) $11,917,613 $2,530,744 2003 Ferrari Enzo

2019s London sale sees the Autobau collection of race cars and some fine collectibles, mainly with a modern slant. Maserati’s MC12 GT1 has become an iconic racecar and absolutely dominated GT1 racing for some years yet its ancestry begins with the mighty Ferrari Enzo and its ferocious V12 engine. This car was built to full GT1 spec and prepared for both ELMS and ALMS by Doran-Lista although it only raced twice in the USA and was crashed in its second race at Road Atlanta. Doran-Lista rebuilt this MC12 and it was sold to the vendor in 2008 and remains as last raced. A beautiful and seriously quick racecar there isn’t a large amount one can do with a car like this although the Spa classic offers the opportunity to race it. RMs estimate of £1.8 – 2.3 mil. ($2.2 – 2.8 mil.) is entirely understandable, this is effectively a modern racer of the Ferrari 250GTO ilk and in time there will be plenty of potential for use just like there is for a 250GTO today, in the meantime one must note that basic MC12GT road cars are selling at this level so perhaps its actually good buying.

Image result for maserati mc12 rm london

The last two years have seen successful Enzo sales at RMs London sale so another car is being offered in 2019. This example is a classic Rosso car delivered to a Brazilian living in Italy, it later passed to France and finally to the vendor in the UK. Well serviced throughout its 15,000 km this is actually a high mileage Enzo, many having covered half or even a quarter of this mileage. As such the estimate of £1.5 – 1.8 mil. ($1.8 – 2.2 mil.) seems absolutely market correct.

Image result for RM Olympia 2019 ferrari ENzo

Ferrari has been making Grand Prix cars since its inception in 1947 and they have covered a lot of ground from the original V12s through 4s, 6s, 8s and 10s, turbos and so on. The 1990s were a time of great change at Ferrari with the team moving through the Nicholls/ Mansell/ Prost era to the Montezemolo/ Barnard/ Todt/ Alesi/ Berger and later still to the unbelievably successful Schumacher era. Alesi and Berger were excellent drivers and both were experienced enough to help Ferrari make the transition from also rans to the front of the grid but the 412T1 was broadly conventional and with Todts organisation skills on board instantly successful. Never a match for Schumachers Benetton in 1994 the 412 T1 nevertheless took seven podiums from eight races. Retained by Ferrari until 2002 this 412T1 was sold and later joined the Autobau Collection where it has been maintained and used for track days and it remains a fun car which will bring joy to a new owner. F1 cars have been hot property of late and this is one of the better examples, not the best but certainly not the worst and market correct at the low end of RMs £1.4 – 1.8 mil. ($1.7 – 2.2 mil.) estimate.

Image result for RM Olympia 2019 ferrari 412

Jaguar is one of the great British marques with a reputation for a unique sort of British sportiness. Having been freshly floated on the stockmarket Jaguar decided to go racing with Tom Walkinshaw Racing as their entrant and with Silk Cut sponsorship launched their first proper tilt at Le Mans since the 1950s. Originally powered by a V12 the pace and fuel economy of the Porsche and Sauber saw Jaguar turn to the Austin Metro 6R4 turbo V6 developed by Cosworth and develop a 3.5 litre version capable of 750 bhp. Relatively successful in Group C across 1989 and 1990 this car took a few podiums along the way before a regulation change outlawed turbochargers and it was retired. Since sold into private ownership in the late 1990s and well maintained by Don Law this car remains a true track weapon and would be an ideal entry in the new Peter Auto Group C series. RMs estimate of £1.05 – 1.25 mil. ($1.29 – 1.54 mil.) is bang on market correct.

Image result for RM Olympia 2019 jaguar xjr-11

Several automobile manufacturers were investigating the proposed Group C class with Fiat, Ford and Porsche all advising the FIA that they would enter the new category. In the end Fiat would enter with a Lancia-Ferrari in 1983 and then be fairly unprepared, Fords C100 would be a failure and only Porsche got it right with the 956 which would also be the only Group C challenger to be sold to clients. IMSA went a different path and required changes such that Porsche built a variant, the 962, which would see another 100+ customer cars built in all manner of variants including those for Group C events. 962-159 is on offer at RM London and is a late works built 962 with the less powerful customer spec. 3 litre engine and was built specifically for Team Trust to compete at Le Mans where it finished 13th in 1990 and retired in 1991. No information about this 962s provenance is given other than a period of recent ownership with Bruce Canepa and note that he has restored it to perfection which isn’t cheap at all, figure up to $500 – 700k for a full Canepa resto on a 962. As such RMs estimate of £1 – 1.5 mil. ($1.23 – 1.85 mil.) is cheap at the low and possibly still market correct at the high estimate. You would struggle to buy a poor 962 and restore it to anywhere near this level for this price.

Image result for RM Olympia 2019 porsche 962C

Lamborghini’s story of hating his Ferrari enough to make his own cars is well told and yet his first car was the 350GT, a valiant but flawed effort although the next was anything but. The Miura has gone on to become one of the iconic supercars of the era with its low, sleek, sexy styling and RM are offering a 1969 Lamborghini Miura P400S in rare, original condition. A two owner car this was the best Miura then available but not sold til 1971 and passed to the current vendor in 1974 and is offered after four years of storage. As such the car will need a recommissioning but must be a unicorn, perhaps one of a handful of matching number, original cars that haven’t been restored and while restoration will be expensive its unlikely that it will even be needed, just a decent thorough service should see the car back on the road. Even still its an S, not an SV and my take is the low end of the £800k – 1 mil. ($984k – 1.23 mil.) estimate is more market correct than the high.

Image result for RM Olympia 2019 lamborghini miura

Lancia began rallying back in the late 1960s with the Fulvia and had immense success but it was the mid engined Stratos, turbo 037 and the various Delta’s that really saw them become synonymous with rally success. Only loosely based on the Delta this new rally car was developed for the Group B rules that stated that so long as 200 road cars were “constructed” they could be used to base a race car on. The Delta S4 was built using a tubular monococque chassis, carbon composite bodywork and was fitted with a 550bhp 2 litre 4 cylinder engine that had both a turbocharger and a supercharger running through a Hewland four wheel drive system. This car was one of two built for the cars debut event, the 1985 RAC Rally, and the one Marku Allen used to take second in it. Unfortunately Allens teammate Henri Toivonen fatally crashed his Delta S4 at the Tour de Corse and after several deaths in Group B this was the final straw with the cars banned at the end of 1986. Later sold and used in slalom events this car is something of a conundrum, both claimed to be original and noted to have its front left replaced at some point without giving any reason for doing so. If it is original its well worth the £725 – 800k ($892 – 984k) estimate otherwise avoid.

Image result for RM Olympia 2019 lancia

Mid century highlights are:

  • 1958 Aston Martin DB2/4 Mark II DHC – Est. £380 – 420k ($467 – 517k)
  • 1961 Maserati 3500GT Vignale Spider – Est. £450 – 600k ($553 – 738k)
  • 1968 Aston Martin DB6 Convertible – Est. £550 – 650k ($676 – 800k)
  • 1970 Maserati Ghibli Spider – Est. £400 – 500k ($492 – 615k)
  • 1973 Ferrari 246GT – Est. £390 – 450k ($480 – 553k)
  • 1976 Chevron B36 – Est. £180 – 220k ($221 – 271k)
Image result for RM Olympia 2019 maserati 3500

Modern classic highlights are:

  • 1998 Porsche 911/993 Carrera RSR – Est. £430 – 480k ($529 – 590k)
  • 1999 Mercedes-Benz SL73 – Est. £200 – 240k ($246 – 295k)
  • 2001 Porsche 911/996 GT3 RS – Est. £140 – 180k ($172 – 221k)
Image result for RM Olympia 2019 porsche rsr 1998

Affordable classics highlights are:

  • 1964 Jaguar E-Type Series I 3.8 Roadster – Est. £70 – 90k ($86 – 111k)
  • 1988 Porsche 928S4 Sport – Est. £60 – 90k ($74 – 111k)

RESULTS

RMs 2019 London sale was at once a success and a failure like last years sale with 57 of the 84 lots finding new homes for a $11.97 million gross. The top sale honors went to a 1969 Lamborghini Miura at £1.25 mil. ($1.61 mil.), fully 25% above its strong estimate and a expensive buy considering its condition. Other strong sellers were the 1974 Jaguar E-Type Series III Roadster at £190k ($244k) or 36% above estimate, 1961 Ferrari 330GT 2 + 2 at £404k ($521k) or 8% above, 1973 Iso Grifo GL Series II at £230k ($297k) (+5%) and 2009 Mercedes-Benz SL65 AMG Black Series at £224k ($289k) (+1%). Low sales were topped by the 1943 White M16 MGMC Half Truck at £37k ($48k) (-114%), 1989 Porsche 911 Turbo Cabriolet at £41k ($53k (-93%), 1999 Aston Martin Vantage Le Mans V600 at £207k ($267k) (-21%), 1961 Maserati 3500GT Vignale Spider at £410k ($529k) (-10%) and 1970 Maserati Ghibli Spider at £399k ($514k) (-1%).

Mid estimate sellers were the 1985 Lancia Delta S4 at £764k ($986k) and 1973 Ferrari 246GT at £432k ($558k), both sold at amounts fair to both buyer and sellers. No sales were plenty and lead by the 2006 Maserati MC12 GT1 at £1.6 mil, 2003 Ferrari Enzo at £1.325 mil, 1994 Ferrari 412T1 GP at £1.2 mil., 1989 Jaguar XJR-11 at £900k and 1990 Porsche 962C at £825k. RM did well to sell what they did but their failure to shift the marquee lots must burn and likely speaks of a lack of buyers at the top of the market.

Key – Lot # – Year – Make – Model – Chassis #/VIN – Low > High estimate (GBP) – (EUR) – (US$) – N/R = No reserve

111 1991 BMW M3 WBSAK0509OAE2207 £45,000 £65,000 N/R £57,500 $74,154 Mid
112 2001 Porsche 911/996 GT3 RS WP0ZZZ99Z15692105 £140,000 £180,000 N/R £172,500 $222,462 Mid
113 1998 Mini Cooper SAXXXNNAZRWD155176 £15,000 £20,000 N/R £20,700 $26,695 3%
114 2000 Porsche 911/996 GT3 WP0ZZZ99ZYS690281 £50,000 £60,000 N/R £40,250 $51,908 -24%
115 1970 Meyers Manx 1102980174 £35,000 £45,000 N/R £34,500 $44,492 -1%
116 2013 Land Rover Defender SALLDWLPBDA439410 £40,000 £60,000 N/R £40,250 $51,908 Mid
117 2018 Porsche 911/991 GT3 WP0ZZZ99ZJS166703 £130,000 £160,000 N/R £115,000 $148,308 -13%
118 1994 Mazda RX7 JM1FD3336R0301164 £15,000 £20,000 N/R £12,650 $16,314 -19%
119 1993 Porsche 968 Club Sport WP0ZZZ96ZPS815075 £35,000 £50,000 N/R £47,150 $60,806 Mid
120 1988 Mercedes-Benz 560SEC WDB1260451A333156 £20,000 £30,000 N/R £17,250 $22,246 -16%
121 1989 Porsche 911 Turbo Targa WPOZZZ93ZKS010083 £90,000 £140,000 N/R £74,750 $96,400 -20%
122 1993 Mercedes-Benz E36 WDB1240921F249300 £30,000 £40,000 N/R £25,300 $32,628 -19%
123 1967 Jaguar Mark II 3.8 Saloon 235338 £50,000 £70,000 Not sold N/A
124 1999 Mercedes-Benz SL73 WDB1290761F186283 £200,000 £240,000 Not sold N/A
125 1961 Porsche 356B Super 90 Cabriolet 155389 £110,000 £150,000 £120,750 $155,723 Mid
126 1953 Jaguar XK120 DHC S677020 £90,000 £130,000 £92,000 $118,646 Mid
127 2016 Land Rover Defender 90 Autobiography SALLDWBP8GA484187 £60,000 £80,000 £63,250 $81,569 Mid
128 1986 Ferrari 412 63533 £65,000 £75,000 £63,250 $81,569 -3%
129 1997 Mercedes SL60 WDBFA67F8WF159213 £60,000 £70,000 Not sold N/A
130 1984 Daimler Double Six LWB SADDDRLW3CC393721 £50,000 £70,000 N/R £80,250 $103,493 15%
131 1961 Ferrari 330GT 2 + 2 2947 £325,000 £375,000 £404,375 $521,496 8%
132 2010 Porsche 911/997 Sport Classic WPOZZZ99ZAS5794170 £250,000 £300,000 Not sold N/A
133 1994 Ferrari 412T1 GP 149 £1,400,000 £1,800,000 Not sold N/A
134 1990 Lamborghini LM002 ZA9L0000LLA12188 £180,000 £230,000 £207,000 $266,954 Mid
135 2014 Mercedes-Benz SLS AMG GT Final Edition WDDRJ7JA5EA011085 £275,000 £325,000 £275,000 $354,650 Mid
136 1970 Aston Martin DB6 DB6Mk2/4231/R £250,000 £300,000 £197,500 $254,703 -27%
137 1998 Porsche 911/993 Carrera RSR WPOZZZ99ZWS398020 £430,000 £480,000 Not sold N/A
138 1984 Ferrari 512BBi 50357 £200,000 £220,000 Not sold N/A
139 2006 Maserati MC12 GT1 ZAMDF44B000024053 £1,800,000 £2,300,000 Not sold N/A
140 1989 Jaguar XJR-11 590 £1,050,000 £1,250,000 Not sold N/A
141 2011 Ferrari 458GT3 3212 £150,000 £180,000 £166,750 $215,047 Mid
143 2011 Ferrari 458 Challenge 179912 £95,000 £120,000 £100,625 $129,770 Mid
145 2007 Ferrari 599GTB 153690 £85,000 £110,000 Not sold N/A
146 2018 Ferrari 488 Challenge 236437 £180,000 £230,000 Not sold N/A
149 2002 Ferrari F575M Maranello 129838 £65,000 £80,000 £69,000 $88,985 Mid
150 1976 Maserati Khamsin AM120535 £50,000 £60,000 N/R £66,125 $85,277 10% 151 2009 Mercedes-Benz SL65 AMG Black Series WDB2304791F154550 £180,000 £220,000 £224,250 $289,201 1% 152 1985 Lancia Delta S4 ZLA038ARO00000202 £725,000 £800,000 £764,375 $985,765 Mid 153 1999 Aston Martin Vantage Le Mans V600 SCFDAM250XBL70256 £250,000 £300,000 £207,000 $266,954 -21% 154 1974 BMW 2002 Turbo 4290162 £110,000 £120,000 £94,875 $122,354 -16% 155 1990 Porsche 962C 962-159 £1,000,000 £1,500,000 Not sold N/A 156 1988 Aston Martin V8 Vantage X Pack SCFCVB1V3JTR12579 £250,000 £300,000 Not sold N/A 157 1992 Mercedes-Benz 300CE 6.0 Hammer AMG12422423048 £180,000 £220,000 £207,000 $266,954 Mid 158 1999 Lamborghini Diablo VT ZA9DE01AOXLA12198 £150,000 £175,000 Not sold N/A 159 1973 Iso Grifo GL Series II GL320407 £180,000 £220,000 £230,000 $296,616 5% 160 1936 Bentley 4.25 Litre Park Ward DHC B112HK £150,000 £200,000 £115,000 $148,308 -30% 161 1973 Ferrari 246GT 7294 £390,000 £450,000 £432,500 $557,767 Mid 162 1970 Maserati Ghibli Spider AM115/S1179 £400,000 £500,000 £398,750 $514,242 -1%
163 1968 Aston Martin DB6 Convertible DBVC/3677/R £550,000 £650,000 Not sold N/A
164 1994 BMW 850CSi WBSEG91030CC00692 £180,000 £220,000 £184,000 $237,293 Mid
165 1991 Mercedes-Benz 560SEC 6.0 AMG WDB1260451A585069 £140,000 £175,000 £161,000 $207,631 Mid
166 2003 Aston Martin DB AR1 SCFAE6233K800088 £180,000 £240,000 Not sold N/A
167 2000 Arrows AR1 A21-03 £100,000 £140,000 £80,500 $103,816 -24%
168 2000 Arrows A21 A21-05 £100,000 £140,000 £71,875 $92,693 -39%
169 2003 Ferrari Enzo 135870 £1,500,000 £1,800,000 Not sold N/A
170 1995 Aston Martin Virage Volante SCFDAM2C95BR60200 £150,000 £200,000 Not sold N/A
171 1961 Maserati 3500GT Vignale Spider AM1011129 £450,000 £600,000 £410,000 $528,750 -10% 172 2018 Ferrari California T 70th Anniversary 231547 £250,000 £290,000 £286,250 $369,158 Mid 173 2016 Noble M600 Carbonsport SA9M60L39EF113017 £170,000 £220,000 Not sold N/A 174 2018 Ferrari 488GTB 70th Anniversary 233691 £260,000 £310,000 Not sold N/A 175 1961 Aston Martin DB4 DB4/566/L £310,000 £350,000 Not sold N/A 176 1969 Lamborghini Miura P400S 4245 £800,000 £1,000,000 N/R £1,248,125 $1,609,626 25% 177 1974 Maserati Bora 4.7 AM117223 £120,000 £140,000 £126,500 $163,139 Mid
178 2017 Aston Martin Vanquish Zagato SCFLLCPZ7HGJ33398 £400,000 £550,000 Not sold N/A
179 2000 Bentley Continental T SCBZU26EBYCH67203 £65,000 £75,000 £74,750 $96,400 Mid
180 1988 Porsche 928S4 Sport WPOZZZ92ZS5641630 £60,000 £90,000 Not sold N/A
181 1958 Aston Martin DB2/4 Mark II DHC AM300/3/1522 £380,000 £420,000 Not sold N/A
182 1999 Bentley Continental SC SCBZZ22EXXCK65021 £125,000 £145,000 £138,000 $177,970 Mid
183 1974 Jaguar E-Type Series III Roadster 1S2822 £120,000 £140,000 N/R £189,750 $244,708 36%
184 1958 Aston Martin DB2/4 Mark III AM300/3/1653 £120,000 £150,000 £120,750 $155,723 Mid
185 1977 Porsche 911 2.7 Safari 911 730 1316 £60,000 £80,000 £54,625 $70,446 -10%
186 1972 Porsche 911T 2.4 911 210 0026 £70,000 £90,000 Not sold N/A
187 1975 BMW 3.3 Li 3090279 £60,000 £80,000 Not sold N/A
188 1976 Chevron B36 CH-76-02-WH1 £180,000 £220,000 £160,000 $206,342 -13%
189 1995 Mercedes-Benz E60 WDB1240361C213336 £120,000 £145,000 £138,000 $177,970 Mid
190 2009 Bentley Brooklands SCBCC41N89CX13989 £125,000 £150,000 £138,000 $177,970 Mid
191 1948 Packard Super 8 Convertible Victoria 2279-3404 £60,000 £80,000 Not sold N/A
192 1999 Bentley Turbo RT Mulliner SCBZP25C6WCX66701 £70,000 £80,000 £88,550 $114,197 11%
193 1943 White M16 MGMC Half Truck 282663 £80,000 £120,000 N/R £37,375 $48,200 -114%
194 1968 Ford Mustang 428 Cobra Jet 8FO2R213548 £80,000 £110,000 N/R £69,000 $88,985 -16%
195 1989 Porsche 911 Turbo Cabriolet WPOZZZ93ZJS020221 £80,000 £130,000 £41,400 $53,391 -93%
196 1965 Porsche 356C 1600 Coupe 221132 £50,000 £60,000 N/R £46,000 $59,323 -9%
197 1964 Jaguar E-Type Series I 3.8 Roadster 880847 £70,000 £90,000 £98,900 $127,545 10%
198 2007 Wiesmann GT W09GT12017DW59096 £80,000 £100,000 £80,500 $103,816 Mid

All information is copyright Auto Auctions Monthly except images which are copyright of Artcurial, Bonhams, Gooding & co., Mecum, RM/ Sothebys, Russo & Steele and Worldwide Auctioneers. All figures are US$ and gross unless specifically stated. All figures are accurate in the home currency for the sale, any figures in other currencies are calculated based on the exchange rate for the date of sale accessed from FxTop.com. Percentages as given are calculated as the % below low estimate or above estimate as noted. All information given for recreational use only and cannot be personally guaranteed for accuracy by the author.

Leave a Reply

Your email address will not be published. Required fields are marked *