Monaco Auction Madness: RM Sotheby’s Reigns Supreme

The best RM auction in Monaco ever. This phrase alone describes how the two-day event went for the Canadians. It's impossible to say otherwise: The transition from one to two days didn't alter the spectacular nature of the sale, as the numbers prove. Selling 82 cars is the highest number since the first edition in 2010. The success rate of 79.61% is one of the best ever, even surpassing the excellent 75% from the previous edition. But it's the value that defines the success: €39,096,650 is a significant leap from the €30,467,213 of 2022. And what about the five (yes, you read that right, five!) cars sold for over two million? Yes, the average price has dropped from €634,734 to €476,787, but this is typical when more lots are offered.

These are the facts. Now let's talk about the cars. Just to give you an idea of the atmosphere: On the first day, the first car offered was already a stunner: A 1988 Lamborghini Countach 5000 QV. Sold new in Germany, it spent a year in England, remaining in the same owner's hands since then. Many love those "vulgar" side skirts typical of the 80s, especially on this red car with a massive spoiler, which was the opposite of understatement. Magnificent! With 40,473 km, it was estimated at €400,000-500,000 and sold perfectly in the middle: €455,000.