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RM Sotheby's Villa Erba: Record-breaking auction
Cliff Goodall’s view: The exhibition hall of the RM auction held during the Villa d’Este Concours d’Elegance event had the effect of refined luxury showrooms: once you enter, you can’t help but make a purchase.
It’s difficult to define the sale of Villa Erba with just one word.
First of all, the impressive numbers, which in this case are truly remarkable: only 55 cars offered and 47 sold (85.45%). But as we know, RM is a force that annihilates its competitors: €66,385,000 in pre-sale estimates, equivalent to over €1.2 million per vehicle, and a final turnover of €54,178,100 (an average of €1,152,726 per sale).
The best result ever for the Villa Erba sale and likely among the top 10 European auctions of all time.
