Auction Preview

RM Sotheby’s Hoping for Amore in Milan

Europe’s Biggest-Ever Auction to Be Held Nov. 25-27

Posted: November 22, 2016 6:00 am
by Dirk de Jager
Photo courtesy of RM Sotheby's.

RM Sotheby’s will hold its first-ever Duemila Ruote (2000 Wheels) sale, held in conjunction with Milano Autoclassica, in Milan, Italy, from Nov. 25-27. Not only will this be an unprecedented sale within Europe in the amount of cars offered on auction, but everything is coming from a single collection, without reserve.

Even though the Italian government initiated the sale after the entire collection had been impounded, the sheer volume of vehicles is still amazing. With more than 400 cars, more than 150 motorcycles, hundreds of bicycles and 60 boats, you can see where the name Duemila came from.

Offered will be 72 Porsches, 64 Jaguars, 42 Ferraris, 33 Alfa Romeos, 29 Lancias and 23 Maseratis, in a wide variety of conditions, ranging from ready-to-go to needing some work to full-blown restorations. Of course, the obvious ones are the top lots as usual, such as an alloy-bodied, torque-tube, six-carb 1966 Ferrari 275 GTB offered without reserve. The whole classic car scene is holding its breath for the result on that one, and we are all dreaming: Could I afford it? No, but you know RM won’t have a problem finding a new owner for that Italian steed well over the €2,800,000 high estimate.

Look past the glaorous cars like the Maserati MC12, Bugatti EB110 GT, Porsche 959, Carrera GT, GT2s and GT3s and take a look at the more “regular” classics on offer, especially the Italian brands. There’s a spectacular amount of Fiat, Maserati, Lancia and Alfa Romeos being offered, which could -- and here’s us dreaming again -- go for some interesting bargains, especially if you are mechanical and can do the work yourself.

Take, for instance, the three Maserati Mexicos. One is a full restoration project offered at €1,500-€3,000, and the two others seem to need mostly some TLC. But with both estimates being €15,000 to €20,000, those two could be bargains for the right enthusiast. In comparison, other cars this year on auction brought from €90,000 up to €113,000! The same goes for the nine Lancia Fulvias, going from a standard 1.3 coupe to 1.3 HF Rallye and 1.6 HF Fanalones. Most of these seem to be in good running condition. Although the estimates are still offered below market trading values, it will be interesting to see them in person and find out the final results.

Although let’s be honest, when it comes down to the Lancias, it’s the two Delta HF Integrale Group As that have me drooling. Both are full-blown rally cars with known histories, including a factory team car. Even though these are still young timers and race/rally cars, I still find their estimates (€130,000-150,000 and €160,000-€180,000) not over the top and very interesting for the amount of car you are getting. Compare these figures, for instance, with the Group B cars. Forget a factory team car or an actual rally car with history; just take a look at the Stradale (streetcars) prices.

From that huge amount of Jaguars, you’ll find no less than 21 E-types in every version you can think of, nearly all of them being Series 1s. Again, as it seems with the entire collection, these cars seem to be in ready running condition to needing a check-over and restoration projects. Yet all of them seem to be estimated at interesting values.

The bigger question now remains: We all know everything will find a new home during the three-day sale. But, can you make an actual bargain or a good deal, or will we see a madhouse again with sky-high prices flying around?

Photos courtesy of RM Sotheby's.

Go back

Related Posts