Archive

Pre wars: fixed income investments. Or better image

02/12/2021

Pre wars: fixed income investments. Or better

RM and Bonhams recently held auctions dedicated to pre-war automobiles, and both events were successful, selling a high percentage of lots offered and surpassing their initial estimated values. The pre-war market is considered mature and practically immune to bubbles or pandemics, and some models have even appreciated in value. Despite being a niche market, the rarity of these cars makes them difficult to estimate, as demonstrated by the high price difference in some sales.
Cars & Movies Beyond good and evil image

28/11/2021

Cars & Movies Beyond good and evil

The world of cinema sets no limits when it comes to superheroes and their supercars. From long bonnets and 6 wheels to street monsters, cars play an entertaining role in films, becoming a spectacular complement to the stars with superior abilities.
The fallen stars Mercedes SLX image

27/11/2021

The fallen stars Mercedes SLX

This article explores the history of the Mercedes SLX, a rear-engined sports car that was designed in the 1960s but never made it into production.
RM at Paul Ricard. What is the bug? image

25/11/2021

RM at Paul Ricard. What is the bug?

RM Sotheby’s Guikas Collection auction held at Paul Ricard Circuit witnessed the sale of all 76 cars from the collection; however, 55% of the cars were sold below the minimum estimates, and the average selling price was 12% lower than expected. The Guikas Collection was owned by a French collector and historic car dealer, Jean Guikas, and many of the cars had been in his Marseille showroom for years waiting for buyers. This led to lower sale prices for many cars. Nevertheless, some lots sold for more than the maximum estimates, such as a 1975 Lamborghini Countach LP400 "Periscopio" and a 2012 Audi R8 GT3 LMS Ultra. The auction generated a total turnover of over €39 million, with an average value per car of €514,000.
Cars & Movies 24 - Cameo Queens part 2 image

21/11/2021

Cars & Movies 24 - Cameo Queens part 2

The article explores the history of cars in movies, specifically Japanese models and Aston Martins used by James Bond. It also covers the Rolls-Royce and Audi, and how they've made their appearances on the big screen.
Silverstone? The name says it all image

18/11/2021

Silverstone? The name says it all

The article discusses the Silverstone auction held in Birmingham, UK, on 13th and 14th November. The auction featured 138 cars, including some of the most desirable versions of the youngtimer class. The star lot of the event was a 1998 Subaru Impreza 22B STI, one of only 16 in the UK, which failed to sell at ÂŁ200,000. A 2001 Mitsubishi Evo VI Tommi Makinen Edition sold for ÂŁ73,125, and the 1989 Ford Sierra Cosworth RS500 went for ÂŁ110,250, setting a new world record. The Bentley Continental GT Speed from 2008, once owned by Cristiano Ronaldo, sold for ÂŁ48,375. Overall, the auction brought in ÂŁ8,183,900 in sales, or 93.62% of the maximum estimated value.
Cars & Movies 23 - Cameo Queens part 1 image

14/11/2021

Cars & Movies 23 - Cameo Queens part 1

This roundup features the most significant cameos of cars in the history of cinema, chosen for their uniqueness and difference in brand and era.
The suit doesn't make the man image

11/11/2021

The suit doesn't make the man

RM Sotheby's auction in London felt like it was held in 1981 due to the location's setting and décor. The auction had a total of 40 cars, which were high-quality and of double the average estimate compared to two years ago. However, only 60% of the cars offered were sold, resulting in a poor value of 41.49% of the estimated takings. The blame can be laid on the two top lots, which did not meet expectations. The Ferrari LaFerrari, however, sold for slightly less than its estimate due to its unique color, while the Porsche 959 went beyond its estimates, attracting a lot of interest.
Cars & Movies 22 - FIAT: cute toys image

07/11/2021

Cars & Movies 22 - FIAT: cute toys

Fiat's presence in cinema has always conveyed a message, whether it's a romantic one, Italian joviality, or as a sportswoman. Fiat has appeared in Fellini's films, Japanese Manga, and even in James Bond movies.
Bonhams online: when marketing works image

04/11/2021

Bonhams online: when marketing works

Bonhams, one of the major auction houses, has reported a highly successful online auction in conjunction with the Greenwich Concours d’Elegance. Despite recent trends of other auction houses abandoning online auctions, 95.35% of the lots at the Bonhams auction were sold, with 19 lots – over 40% – exceeding their maximum estimate. The success has been attributed to the high number of cars entered without reserve and conservative estimates, as well as a range of accessible, high-quality cars including 15 Rolls Royces from the 1930s and 1950s, a range of Aston Martins and a mix of other cars, all offered at prices too expensive for normal online auctions but too cheap for face-to-face auctions. The top lot of the auction was a 1966 Aston Martin DB6 Vantage, which sold for $500,000, almost double its estimated value.

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