Market Intelligence
Artcurial Auction at the Château de Vernon: An Excellent Harvest
At Artcurial’s Château de Vernon auction, 85 cars sold out of 87—highlighting everything from vintage Bentleys to a record Lotus Esprit.
Tell me if there is anything more French than a Facel-Vega in front of a château. The cover of the Artcurial catalogue had precisely this purpose: organised at the Château de Vernon on 28 September, its aim was to sell the museum's collection plus other cars from various sources.
A total of 87 cars were offered, almost all (81, or 93.10%) without reserve. It was easy to predict success with 85 cars offered and 85 sold.
With so many cars without reserve, the real value is the barometer of the auction: against an estimate of €2,594,000 and despite two important lots remaining unsold, the forecasts were exceeded with €2,972,074. With an average price of €34,966, it can be considered a mid-level auction. This is exactly the type of auction we like: it satisfies those on a tight budget but also gives them the opportunity to bid on slightly more important cars.
