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Unstoppable RM in Munich

7 December 20233 min read9 images

RM Sotheby's Munich auction defied expectations with an 85.5% sales rate, led by record-breaking bids for a Ferrari Daytona Spider.

Unstoppable RM in Munich
Photo credit: RM Sotheby’s

Cliff Goodall’s view

Sometimes it’s nice to be proven wrong. Before the event, I had a bad feeling about the auction’s potential success, influenced by certain observations. First, the top lot of the sale was withdrawn (a 2003 Ferrari Enzo valued at €3m-€3.5m), then the estimates for two ‘supporting’ cars were lowered: a 1973 Ferrari 365 GTS/4 Daytona Spider from €2.35m-€2.65m to €2.2m-€2.5m, and a 1957 Mercedes-Benz 300SL Roadster “Outlaw” from €1.2m-€1.4m to €1m-€1.3m.

__RM Sotheby’s Munich, 25th November 2023__

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