February 2022 - Paris highlights
8 February, 2022
European markets mirrored the strong results seen last month in the US, headed by a Ferrari 288 GTO from the Petitjean Collection which established a new auction record for the model at RM Sotheby’s Paris sale, hammered away for €3,464,375 (estimate €2,400,000 – 2,600,000). Joining the collection in 1998, it had covered just 9,559km and required recommissioning having been on static display in recent years.
Other highlights among the 28 road going Ferraris in the collection, all offered without reserve, included the 1966 Paris Salon 275 GTB/4 at €2,367,500 (estimate €1,700,000 – 2,000,000); a 1964 250 GT/L that had been owned by Petitjean since 1986 also sold above top estimate, fetching €1,186,250, while the two-owner 1973 365 GTB/4 Daytona with 56,798km soared above its €340,000 – 425,000 guide, taking €522,500.
Elsewhere, a one-owner 1994 Bugatti EB110 signalled a new high-water mark for the model at €1,805,000 (estimate €1,000,000 – 1,200,000). RM’s 1963 Aston Martin DB4 Convertible was another big-ticket sale at €1,130,000 (estimate €1,250,000 – 1,500,000). Just 21 left-hand drive examples were produced and chassis 1082 it is believed to be one of only seven Series V cars fitted with the ‘SS’ Vantage-spec engine.
RM Sotheby’s reported a sale total close to €25 million with a 91% sell-through rate.
[ RM Sotheby’s Paris Sale – auction results here ]
The star attraction at Bonhams’ Paris sale delivered on the day, the 930-km 2014 Ferrari LaFerrari nudging over its top estimate, raising €2,558,750 – a new auction record for a European-spec example.
The other two hypercars on offer also changed hands; the 10,200-km 1996 Bugatti EB110 GT setting a new record, edging out RM’s car sold the previous day, with a winning bid of €1,817,000 (estimate €1,100,000 – 1,300,000), and a 1993 Jaguar XJ220 with a 680bhp Don Law ‘S’-spec upgrade drew €333,500 (estimate €340,000 – 380,000).
A Vanvooren-bodied 1935 Bugatti Type 57 Cabriolet led the pre-war results, the three-owner car which had been restored in 2019 making €770,500 (estimate €700,000 – 800,000), closely followed by a 1904 Pipe Serie E 15CV Four-Cylinder Rear-Entrance Tonneau that smashed its €200,000 – 300,000 estimate at €759,000. Other notable success included the ex-Robert Redford 1964 Porsche 904 Carrera GTS at €1,345,500 (estimate €1,300,000 – 1,500,000) and a 1981 Renault 5 Turbo with 78,000km on the clock that went for €120,750 (estimate €100,000 – 130,000), contributing towards a €19 million total and a sell-through rate of 83%.
[ Bonhams Paris Sale – auction catalogue here ]
Classic car auction results and prices for: Ferrari | Renault | Alfa Romeo | Bugatti | Porsche
From leading auction houses: RM Sotheby’s | Bonhams
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