RM/Sotheby's Maranello Auction: anyone going? | FerrariChat

RM/Sotheby's Maranello Auction: anyone going?

Discussion in 'Vintage Ferrari Market' started by Jack-the-lad, May 14, 2007.

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  1. Jack-the-lad

    Jack-the-lad Six Time F1 World Champ
    Silver Subscribed

    Jun 22, 2004
    69,416
    Moot Pointe
    Are any members here planning to attend the auction on May 20th? If so, your reports would be appreciated.

    Thanks.

    Jack
     
  2. billnoon

    billnoon Formula 3
    BANNED

    Aug 22, 2003
    1,176
    La Jolla, California
    Full Name:
    Bill Noon
    I will be on hand with my wife and several friends and clients.

    More than a fair number of the prime lots have passed through my hands over the years and I am keen to see which ones find new homes.

    As for reports on the sale, RMs website will be updated with sales results shortly after the sale is over.

    For those attending who wish to chat or say hi, my USA mobile phone (619 840 7811) will be the quickest way to reach me. I will also have limited access to my email account, usually in the mornigns and evenings ([email protected])

    Cheers,

    Bill Noon
     
  3. dinogts

    dinogts Formula 3
    Owner Rossa Subscribed

    So, will RM be anymore careful in the descriptions than they were at the Ponder auction?

    Mark
     
  4. Wolf

    Wolf Formula Junior

    Nov 17, 2003
    499
    I will be there too. And - being an auction junkie for 20 years - I have to say that the RM Maranello catalogue is outstanding this time.

    Regards

    Wolfi
     
  5. kevfla

    kevfla Formula 3

    Nov 20, 2003
    2,086
    Full Name:
    gone 4 good
    For sending all of their subscribers a copy of the catalog!

    KevFla
     
  6. Jack-the-lad

    Jack-the-lad Six Time F1 World Champ
    Silver Subscribed

    Jun 22, 2004
    69,416
    Moot Pointe
    Any results, pictures, comments, etc.?

    Jack
     
  7. Craigy

    Craigy Formula 3

    Mar 19, 2006
    1,679
    Louisiana
    Full Name:
    Craigy
    +1
     
  8. of2worlds

    of2worlds F1 World Champ
    Silver Subscribed

    Apr 6, 2004
    16,473
    ON
    Full Name:
    CH
    +1
     
  9. Jack-the-lad

    Jack-the-lad Six Time F1 World Champ
    Silver Subscribed

    Jun 22, 2004
    69,416
    Moot Pointe
  10. Craigy

    Craigy Formula 3

    Mar 19, 2006
    1,679
    Louisiana
    Full Name:
    Craigy
    "Ferrari 330 TRI 6.5mio + comm."

    Wooohooo!

    :D
     
  11. Motob

    Motob Formula 3
    Professional Ferrari Technician

    Nov 11, 2003
    2,239
    Frederick, Maryland
    Full Name:
    Brian Brown
    Are the winning bids in Euros or US dollars?

    Thanks,
    Brian
     
  12. Jack-the-lad

    Jack-the-lad Six Time F1 World Champ
    Silver Subscribed

    Jun 22, 2004
    69,416
    Moot Pointe
  13. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    Big $.
     
  14. shill288

    shill288 Formula Junior

    Feb 24, 2005
    900
    West Coast
    Full Name:
    Steve Hill
    950K Euros ($1.42M USD), plus commission, for a nothing special (there were lots of things wrong with that car from the pictures) Daytona Spyder is amazing. I can only imagine what the Garrison car will do at Monterey this August.

    It must be a typo, or Daytona Spyders are now at their 89 peak (well, almost, one did supposedly sell for $1.5M fight before the crash).

    Steve
     
  15. sicqnus

    sicqnus Formula Junior

    Jul 11, 2005
    637
    Paris - France
    Full Name:
    Cyril Chartier
    330TRI/LM, sold for : $8 776 300.00 USD + premium.
    340/375MM, sold for : $5 197 884.00 USD + premium.

    EDIT/ with the 12% : $9 829 456.00 USD for the LM winner Testa-Rossa.
     
  16. billnoon

    billnoon Formula 3
    BANNED

    Aug 22, 2003
    1,176
    La Jolla, California
    Full Name:
    Bill Noon
    I am headed back to the States this morning after one of the best Italian holidays I have ever had.

    The sale was impossible to describe. I have never seen its equal anywhere ever, bar none!

    Various sights have the results posted. Commissions were 12% when you factor in the Italian VAT on top of the RM Buyer's commission. Not one of the older car's were a suprise on the market with most having been for sale for multiple years. The sales results were however staggering to say the least.

    Most cars ran 30 to 40% higher than my estimates for a full retail sale. One 275GTS set a price record I am still having a hard time believing.

    The Daytona Spyder was nice, not quite as tidy as the last one I had earlier this month. The sales price was however a world record.

    Warm regards,

    Bill Noon
     
  17. DM18

    DM18 F1 Rookie

    Apr 29, 2005
    4,725
    Hong Kong
    Would be super grateful if you could PM me with some holiday ideas!
     
  18. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    Steve
    Euro is 1.34

    Bill

    VAT is separate and above RM commission if applicable.

    Best
     
  19. Bertocchi

    Bertocchi Formula 3
    Consultant

    Jan 28, 2004
    2,182
    Austin, Texas
    Full Name:
    David Castelhano
    It will be interesting to see where the cars end up. Twenty years ago the Japanese were fueling the market and this time it seems like new collectors are entering the market from all over?

    David
     
  20. shill288

    shill288 Formula Junior

    Feb 24, 2005
    900
    West Coast
    Full Name:
    Steve Hill
    Jim, thanks for pointing out the error. My exchange rate was right, but my before/after commission was wrong. I estimated the commission and tacked it onto the sale (950K Euro @ 1.34) and got $1.42M. If 12% is correct, then it would have come to $1.425M. Either way, it's big money for a decent, but not great, Spyder.

    The other sale prices were amazing as well. As Bill pointed out, most of these cars have made the rounds to all the usual suspects with no takers at much less money.

    Steve
     
  21. DM18

    DM18 F1 Rookie

    Apr 29, 2005
    4,725
    Hong Kong
    The 288 GTO price is shocking
     
  22. Zegna

    Zegna Formula Junior

    Apr 14, 2006
    424
    North America
    Full Name:
    Jesse
    True, but I'm more shocked about the DNS status on the F40 Prototipo. But then again, there had always been a chance of that because the Prototipo is not exactly US legal from what I have gathered.
     
  23. dretceterini

    dretceterini F1 Veteran

    Apr 28, 2004
    7,289
    Etceterini Land
    Full Name:
    Dr.Stuart Schaller
    143,000 Euros for a 250GTE? Yikes!!!
     

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