RM Auctions carried out its first auction this last weekend in Cernobbio, Italy. The sale was held at the Villa d’Este concourse. The event boasted a catalog to make antique automobile lovers drool. There were a cadre of rare and historically essential automobiles on sale. Many of the automobiles earned millions of dollars apiece.
Event exciting for several people
Collectors and car aficionados were very looking forward to the auction. Automobile correspondent Paul Lienert, said before the event, “The first-ever Villa d’Este sale will feature the crème de la crème of classic European hardware.”
Rare Ford roadster prized
On May 21, a lot of people at the auction were anxious about one automobile. The rare 1965 Ford GT40 Works prototype roadster was on everyone’s mind. In the 1965 Targa Florio, the car was a works entrant. The vehicle had two pilots. This incorporated Bob Bondurant and Sir John Whitmore. Although it was among the top sellers, by the time the dust settled it had not topped the sales at the much-anticipated event.
Buying one of the top sellers would cost millions
Millions of dollars were paid for the top sellers. Among them were the 1955 Ferrari 375 MM, which sold for $4.8 million. A 1938 art-deco Talbot-Lago T150-C SS was sold for more than $4 million. There was a four-cylinder Ferrari 500 Testa Rossa for sale too. It cost about $4 million to purchase. The 1959 Ferrari 250 California sold too. It was at $3.6 million. The 1947 Bugatti Type 57sc Atlante earned just less than $3 million, as did the above-mentioned 1965 Ford GT40 roadster prototype.
The 1953 250 MM Ferrari was built specifically for Mexican collector Efrain Ruiz Echeverria and sold for $3 million. He drove it in the 1953 Carrera Panamericana.
These went over a million
About $2.1 million was paid for the 1967 Lamborghini Marzal and $1 million for the 1970 Lancia Stratos HF Zero.
Some go for under a million
Two Zagato-bodied Alfa Romeos from the 1960s sold for around $900,000 and $370,000 apiece. All totaled, the auction brought in about $32 million.
Information from
Autoblog
autoblog.com/2011/05/24/rare-classics-sell-for-millions-at-villa-deste-auction/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+weblogsinc%2Fautoblog+%28Autoblog%29
Top Gear
topgear.com/uk/photos/rm-auctions-villa-d-este-2011-05-17
Edmunds Inside Line
insideline.com/ford/gt/ford-gt40-prototype-headlines-villa-d-este-auction.html
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