Market Intelligence
The only lot without wheels leads the way at RM Sotheby’s in St. Moritz
The RM auction held in St. Moritz, Switzerland, on September 17th, was an event that showcased high-caliber cars, including a Pininfarina Leggenda eClassic Simulator that sold for CHF 192,000. Despite only one car being offered without reserve, 73.91% of the 23 cars sold for a total of CHF 16,302,625, which is 89.5% of the pre-auction estimate. Among the cars, a 1988 Porsche 959 Komfort that belonged to the Qatari Royal Family sold for CHF 1,973,750, and a 1946 Delahaye 135M Cabriolet by Graber sold for CHF 297,500. RM was praised for its management of the auction.
The RM auction in St. Moritz (Switzerland) held on 17th September was of a very high level, not only for the fact that it was at 1,822 metres above sea level, but also for calibre of the cars on offer.
Some numbers to put everything into context: despite just 23 cars up for sale, their combined total was estimated at CHF 18,205,000 (€16,811,055), which equates to roughly CHF 791,521 (€730,915) per car. That’s Pebble Beach territory.
