Market Intelligence
Artcurial and Dorotheum: dazzling fireworks
The article reports on two recent auctions held in Paris and Salzburg where Lamborghini dominated the sales with many Youngtimers selling for rising prices. The auctions saw impressive sales numbers, with Artcurial's sales being 76.25%, but the excellent performance hid many lots that were awarded above their estimates, achieving a turnover of €7,261,882 ($7,202,497). Dorotheum also did well, with 90.32% of their cars finding new homes and €3,078,275 ($3,053,100) in total revenue. The top lots of both sales were a 1969 Lamborghini Miura S and a 1989 Lamborghini Countach 25th Anniversary, respectively. A Ferrari 365 GTB/4 Daytona from 1974 painted in Verde Medio Metallizzato with brown leather interior also sold for €870,160 ($863,044).
Lamborghini, Lamborghini and Lamborghini once again. The two auctions held in mid-October in Europe were dominated by the Raging Bull but also by rising prices, especially among the many Youngtimers.
Dorotheum organized an auction in Salzburg, while Artcurial hosted theirs at home in Paris.
