Three good reasons

Three favourable circumstances make it impossible to make a serious comparison between last year’s RM auction in London and today’s: the first of these is the exceptional moment the market is currently enjoying. The second is the “Gran Turismo Collection” effect which represented three-quarters of the sale. The third is the widespread pursuit of “safe haven assets”, something easy to find in some of the finest production pieces from the 80s onwards, the ones that are now the most popular.