Monaco, 4 July, 2017

Following two days of viewing in the Riviera sunshine, Artcurial Motorcar’s first biennial collectors’ car sale took place on 2 July 2017 at the Grimaldi Forum, in the heart of Monaco. Hervé Poulain and Matthieu Lamoure brought the hammer down on the first lots just after 2pm. The sale, which lasted almost five hours, totaled €8 004 787 / $9 125 457, and this figure rose to almost €10M with after sales. One lot exceeded €1M and 23 cars changed hands for over €100 000. Collectors played an active role in the sale that took place in a friendly atmosphere, with Matthieu Lamoure breaking into song at various points, to encourage the bidders.

This was the largest collectors’ car auction in the Principality organised by Artcurial Motorcars, who have also held sales there in 2012 (the reserves of H.S.H. The Prince of Monaco), 2013 and 2015.

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The star of the sale was lot 176, the 1974 3-litre Porsche Carrera RSR, which sold above estimate for €1 769 300 / $2 017 002. The impressive provenance of this competition car included extensive racing history in the US between 1974 and 1986 (8 times in the Sebring 12 Hours and 7 in the Daytona 24 Hours). The car will join the collection of a European buyer.

The Monegasque residents were out in force for this new event. The room was filled with some 350 bidders, and bids were plentiful throughout the afternoon. Results included 5 records for lots 104, 122, 126, 206, as well as lot 111, a 1993 Peugeot 205 cabriolet by Pininfarina, that fetched €25 200 / $28 728 (estimate : €10 000–20 000). Setting the tone of the auction, this price reflected the high demand for popular cars, both youngtimer and historic, that sparked some determined bidding battles. The 1959 Fiat Nuova 500 convertible (lot 142) changed hands for €27 600 / $31 464, almost double its estimate. In the early afternoon, a 1982 Mehari 4x4 (lot 102) sold above estimate for €44 400 / $50 616, and at the end of the evening, a 2000 Mini Cooper S Works (lot 213) fetched €36 000 / $41 040.

Highlights of the “ Sport and GT “ section included the 2005 Saleen S7R (lot 190) that sold for €431 700 / $492 138, as well as the 1982 Renault 5 Turbo competition client “ Cévennes “ (lot 189), that made €167 900 / $191 406. A fine tribute to the sport of motor racing at one of its most foremost venues.
An indispensable part of the scenery along the Mediterranean coast, cabriolets attracted much attention in the sale, including the highly elegant 1963 Jaguar E-Type roadster that fetched €167 900 / $191 406 including premium.

Motor cars displaying the three-pointed star were also in demand, especially the youngtimers. The 1990 Mercedes-Benz 190 E (lot 175) fetched nearly three times its estimate, selling for €137 900 / $157 206 and a 1953 Mercedes-Benz « Adenauer » (lot 201) sparked a bidding frenzy in the saleroom, selling above its top estimate for €68 400 / $77 976, This autumn, Artcurial will hold a sale dedicated to the famous German marque, in association with Mercedes-Benz France.

The sale started with three automobilia lots, two of which honoured motor racing heroes. Lot 1, Michael Schumacher’s Ferrari racing overalls, fetched €9 100 / $10 374, and lot 3, Ayrton Senna’s personal motorcycle helmet, sold for €20 200 / $23 028.





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