Monte Carlo, Monaco – A rare 1962 Ferrari 400 Superamerica Cabriolet Pininfarina SWB that sold for CAN$3,793,303 (€2,800,000) was the highlight of RM Auctions’ inaugural Sporting Classics of Monaco auction held at the Grimaldi Forum in Monte Carlo on May 1st.

88 of the 105 pre- and post-war motor cars changed hands at the auction, with five automobiles fetching prices in excess of CAN$2,709,502  (€2,000,000), along with setting two new world records.  Total sales at the auction were CAN$45,026,389 (€33,235,917), matching RM Auctions’ highest ever sales total.

“RM’s inaugural Monaco sale has set a new standard for collector car auctions not only for the high quality of cars, but also for its impeccable presentation and client experience. Two world record prices, and seven lots achieving in excess of one million euro, aptly illustrate this achievement,” said Max Girardo, Managing Director, RM Europe.

Additional star lots surpassing the two million euro mark included: a hugely desireable 1962 Ferrari 250 GT SWB Berlinetta GT, selling for CAN$3,565,704 (€2,632,000); a rare 1960 Maserati Tipo 61 ‘Birdcage’, setting a new world record for a Birdcage at CAN$3,338,106 (€2,464,000); the ex-Harrah 1957 Ferrari 250 GT LWB Tour de France, bringing CAN$3,186,374 (€2,352,000); and a beautiful 1959 Ferrari 250 GT LWB California Spyder, fetching CAN$2,807,044 (€2,072,000).

The impressive results of RM’s Sporting Classics of Monaco event were generated by the registered bidders from 33 different countries on the telephone, over the Internet and assembled in the standing-room-only venue. RM welcomed a number of first-time clients to its Monaco debut with new bidders representing 28 per cent of all registrations.  In addition, approximately 3,300 people watched the live streaming video coverage of the sale over the Internet.

The sale’s cover car, a 1937 BMW 328 MM ‘Buegelfalte’, considered one of the world’s most significant pre-war sports racing cars, exchanged hands within less than 24 hours of the sale’s conclusion for a confidential sum and is not included in the final sale results. However, the Buegelfalte had reached a high bid of CAN$5,825,429 (€4,300,000) and its addition to the final auction results produced the most successful collector auction in history.

More information and photos can be found at RM Auctions.

* The figures include the buyer’s premium and are rounded to the nearest dollar.

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