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RM Sotheby's London Sale Brings £14 Million In Sales, Making It The Most Successful UK Sale Of 2023

November 8, 2023 by RM Sothebys

RM Sotheby's London Sale Brings £14 Million In Sales, Making It The Most Successful UK Sale Of 2023THE GRAHAM HILL COLLECTION SELLS FOR REMARKABLE £470,964, MORE THAN DOUBLING ITS PRE-SALE ESTIMATE

• RM Sotheby's annual sale grosses £14,015,547 making it the UK's most successful collector car auction of 2023

• 87% of all lots sold

• The top-selling car was the 1993 Ferrari 512 TR Spider, which brought a world-record £2,226,875

• The Graham Hill Collection sale was topped by the great man's race-worn Bell Formula 1 Helmet at £138,000

Full results available at rmsothebys.com

RM Sotheby's is delighted to announce that its much-anticipated London sale grossed £14,015,547, making it the most successful UK collector car auction of 2023.

The top-selling car of the auction was the 1993 Ferrari 512 TR Spider offered from the remarkable Factory Fresh Collection. The car is just one of three Ferrari 512 TR Spiders built by the Ferrari factory in 1993 and was offered from the Collection with single ownership and with just 570 kilometres on the odometer. The car sold for £2,226,875, comfortably making it the most valuable 512 TR or Testarossa Spider ever sold at auction. The second highest selling lot of the night was a 1990 Ferrari F40, an early European-market example with Ferrari Classiche certification. With just 20,967 kilometres on the odometer, the car richly deserved the £1,962,500 it achieved. Completing an all-Ferrari top three, the meticulously restored 1963 Ferrari 250 GT/L Berlinetta Lusso by Scaglietti sold for £1,186,250.

Worthy of note was the stunningly original 1933 Mercedes-Benz 370 S Mannheim Sport Cabriolet 'Project'. Offered from 65 years of single-family ownership, it is one of only 195 examples built and brought £280,625, almost doubling its pre-sale low estimate.


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Top Ten London Car Sales

1993 Ferrari 512 TR Spider £2,226,875

1990 Ferrari F40 £1,962,500

1963 Ferrari 250 GT/L Berlinetta Lusso by Scaglietti £1,186,250

1929 Bentley 4½-Litre Supercharged Le Mans Tourer in the style of Vanden Plas £815,000

1931 Bentley 8-Litre 'Silent Bloc' Saloon by Vanden Plas £601,250

1969 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti £477,500

1968 Ferrari Dino 206 GT by Scaglietti £421,250

1973 Ferrari Dino 246 GTS by Scaglietti £398,750

2009 Mercedes-Benz SL 65 AMG Black Series £353,750

1963 Aston Martin DB5 'Project' £342,500

The Graham Hill Collection

One of the highlights of the London sale was the astonishing Graham Hill Collection, offered directly from the Hill family collection, it represented an unrepeatable collection of lots charting the remarkable life and career of one of motorsports greatest drivers. The entire collection sold wonderfully well, grossing £470,964, a figure which more than doubled the pre-sale estimate.

The top-selling lot was the Period Bell Formula 1 Helmet, surely one of the most recognisable helmet designs in Formula One, ever. The helmet was produced by Bell and carries a 1970 Snell label inside and was used by Hill during the latter part of his career. This unrepeatable piece of motorsport memorabilia made an outstanding £138,000. The 1969 Monaco Grand Prix 1st-Place Trophy not only represents Hill's final victory in the principality, but it is also believed to be the first time a Formula 1 Monaco GP 1st-Place trophy has been offered publicly for sale. Forming part of his famous Triple Crown Winner's title, the trophy deserved the £81,600 it made on the day. There cannot be many more significant motorsport trophies ever offered for sale than Hill's 1962 FIA Drivers' World Championship Trophy, awarded upon winning his first Drivers' World Championship in a BRM. Believed to be the first time an FIA Formula 1 World Championship trophy has been offered publicly, it made £49,200.

Worthy of note is the 1966 Indianapolis 500 STP Winner's Cheque, presented to Hill on his victory at the iconic 'Indy 500'. The cheque for $12,500 was a large amount of money in 1966 and Hill subsequently acquired his first aeroplane with the money. The lot made £33,600 against a pre-sale estimate of £250 - £400.

Top Ten Graham Hill Collection Sales

Period Bell Formula 1 Helmet

£138,000

1969 Monaco Grand Prix 1st-Place Trophy

£81,600

1962 FIA Drivers' World Championship Trophy

£49,200

1966 Indianapolis 500 STP Winner's Cheque

£33,600

1962 South African Grand Prix 1st-Place Trophy

£19,200

Period Graham Hill Overalls

£19,200

1972 24 Hours of Le Mans Winner's Moët & Chandon Trophy

£18,000

1965 Monaco Grand Prix Fastest Lap Trophy

£12,000

Graham Hill's Brown Leather Flight Attaché Case

£8,400

1964 Scuderia Ferrari Works Driver's Medal

£7,800

Post-Auction Sales

Several lots were sold immediately post-sale for undisclosed sums, including the 2007 Mercedes-Benz SLR McLaren 722 Edition, the 1931 Avions Voisin C14 'Chartre', the 1958 Bentley S1 Continental Drophead Coupé by Park Ward, and the 1902 Oldsmobile Model R 'Curved-Dash' Runabout.

Photo credit: RM Sothebys
posted on conceptcarz.com

1931 Voisin C14 Auction Results
1931 Voisin C14 Auction Results
1931 Voisin C14 Auction Results
Chassis Number: 28599
Engine Number: 28674
Sale DateResultPre-Auction Estimates Auction House
December 2008 $667,000    Bonhams 
November 2023  £250,000 - £350,000  RM Sothebys 

1931 Bentley 8-Liter Auction Results
1931 Bentley 8-Liter Auction Results
1931 Bentley 8-Liter Auction Results
1931 Bentley 8-Liter Auction Results
1931 Bentley 8-Liter Auction Results
Chassis Number: YX 5113
Engine Number: YX 5115
Sale DateResultPre-Auction Estimates Auction House
August 2018  $1,000,000 - $1,600,000  Bonhams 
November 2023 £601,250
($744,205)
 
£600,000 - £750,000  RM Sothebys 

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