1950s Sports Racing Legends Top Results as RM Sotheby's Villa Erba Sale Grosses €19.8 Million
May 28, 2019 by RM Sothebys 1950s SPORTS RACING LEGENDS TOP RESULTS AS RM SOTHEBY'S VILLA ERBA SALE GROSSES €19.8 MILLION
1954 FERRARI 500 MONDIAL SPIDER AND 1957 PORSCHE 550A SPYDER STEAL THE LIMELIGHT BRINGING €3,717,500 AND €3,380,000 RESPECTIVELY
• RM Sotheby's concludes its fifth successful sale as official auction house of the esteemed Concorso d'Eleganza Villa d'Este, 25 May at Villa Erba
• Sale totals €19,798,085 with five cars bringing more than €1,000,000
• Complete results now available at rmsothebys.com
LAKE COMO, Italy (27 May 2019) –
RM Sotheby's, the official auction house of the esteemed Concorso d'Eleganza Villa d'Este, concluded its fifth, successful Villa Erba sale on the shores of Lake Como, Italy, grossing an impressive €19,798,085 and with five cars achieving figures in excess of €1,000,000. Bidders at the exclusive event represented no less than 30 countries, with more than 25 percent being first-time RM Sotheby's clientele.
Pre-sale, it was two incredible sports racing machines from the 1950s which had garnered significant attention, and on the night it was the same two cars which stole the show. The top seller was the original, matching-numbers 1954 Ferrari 500 Mondial Spider, chassis no. 0448 MD, the 12th of just 13 Pinin Farina Spiders built. The car boasts extensive period racing history and is an exceptionally eligible car for historic racing and concours events. Fully restored and Ferrari Classiche certified, the car was deservedly bought for €3,717,500.
No car exemplifies the appeal of a 1950s sports racing car more than a 1957 Porsche 550A Spyder, providing exceptional usability and ultimate eligibility for historic events. The car sold at Villa Erba is one of only 40 cars made and benefits from a well-known and highly documented history. Chassis no. 550A-0121 was first delivered to Denmark in 1957 and enjoyed competition history there as well as in Africa where it went on to be sold. The car has undergone a complete, body-off restoration by leading Porsche specialists and has only covered 100km on the road since returning from the workshop. This wonderful piece of Porsche history achieved €3,380,000.
1960s Aston Martins are always desirable and none more so than the rare 1965 Aston Martin Short-Chassis Volante, which is one of the final examples of a mere 37 built. Offered after a period of long-term ownership and beautifully restored in Switzerland by renowned experts, the car is matching numbers and features a rare and desirable hardtop. It fully deserved to be the night's third highest seller, achieving an impressive €1,805,000. The sale was notable for featuring an incredible collection of rare Zagato-bodied cars in celebration of the coachbuilder's 100th anniversary, and leading the group was a stunning 1955 Fiat 8V Coupé by Zagato, a car highly coveted by collectors. The car sold, chassis no. 000076, is one of 26 coupes built, and brought a worthy €1,771,250.
Augustin Sabatié-Garat, Car Specialist and the Villa Erba Auction Manager, RM Sotheby's, says: 'To achieve nearly €20 million in gross sales is a great result, and it's testament to the high-quality cars that were on offer at Villa Erba. We have once again demonstrated that the best 1950s sports racing cars with strong provenance remain the most highly prized collector cars in this hobby-driven market, while cars such as the Aston Martin Volante and Fiat 8V Coupe demonstrate how the appeal of timeless design and low production numbers are key factors in driving demand among enthusiasts and collectors.'
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It was the absolutely stunning 1931 Bugatti Type 50 Roadster that rounded out the top five sellers on the night. This incredible supercharged, eight-cylinder engined touring car, is one of two remaining examples with original Jean Bugatti-designed factory coachwork and was offered in beautiful restored condition. With factory records including the original bill of sale, this pre-war great achieved €1,411,250.
Aside from the Fiat 8V, the other Zagato bodied cars sold extremely well in the sale; a fitting tribute in the legendary designer's 100th anniversary year. The 2019 Aston Martin Vanquish Zagato Shooting Brake, the 12th of only 99 built, made €511,250; the glorious and well-restored 1966 Lancia Flaminia Super Sport 3C 2.8 made €252,500; the 1987 Aston Martin V8 Vantage, one of only 14 examples with manual transmission, made €331,250; the 1990 Ferrari 348 TB Zagato Elaborazione, the prototype example and the 1991 Geneva show car, made €218,500; and the diminutive and highly sought-after 1959 Fiat-Abarth 750 GT 'Double Bubble' by Zagato, made €103,500.
1. Lot 148 1954 Ferrari 500 Mondial Spider €3,717,500
2. Lot 140 1957 Porsche 550A Spyder €3,380,000
3. Lot 135 1965 Aston Martin Short-Chassis Volante €1,805,000
4. Lot 125 1955 Fiat 8V Coupé €1,771,250
5. Lot 137 1931 Bugatti Type 50 Roadster €1,411,250
6. Lot 155 2016 Ferrari F12tdf €792,500
7. Lot 132 1961 Maserati 3500 GT Spyder €663,125
8. Lot 161 1966 Ferrari 330 GTC €556,250
9. Lot 120 2019 Aston Martin Vanquish Zagato Shooting Brake €511,250
10. Lot 140 1973 Porsche 911 Carrera RS 2.7 Touring €477,500
The RM Sotheby's Group continues its 2019 auction calendar in Auburn, Indiana, USA, 29 May-1 June, where more than 300 collector cars and hundreds of lots of memorabilia are on offer. Further information on upcoming events, along with complete results from RM Sotheby's 2019 Villa Erba sale, can be found at rmsothebys.com.
*Results are listed in EURO and inclusive are inclusive of buyer's premium. Buyer's premium is 15 percent on all motor car lots with a final hammer price of €200,000 or less. In the event of a final Hammer Price above €200,000 on motor car lots, a Buyer's Premium of 15 percent applies to the first €200,000, and a Buyer's Premium of 12.5 percent applies to the Hammer Price above €200,000. Buyer's premium is 20 percent for all memorabilia/non-motor car lots.
RM Sotheby's Villa Erba Top 10 sales
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