Ferrari heads top-grossing collector car auction in Europe

RM Sotheby’s Monaco Auction now stands as the highest-grossing ever collector car auction held in Europe with a total sales value of €87,967,385 (£76.2 million).

Heading the sale was a 1961 Ferrari 250 GT SWB California Spider that sold for €16,665,000 (£14,43 million) to prove this model remains one of the blue chip cars for collectors.

Ferraris accounted for eight out of the top 10 sellers at this auction and all of these Maranello models sold for more than €3 million (£2.6 million) apiece.

The same sale also saw new record prices set for a 1978 Ferrari 312 T3, 2010 Mercedes-Benz SLS AMG, and a 2024 Bugatti Bolide.

Among the other highlights was a collection of Juan Manuel Fangio memorabilia that sold for a collective €763,560 (£661,250), and a Lotus Elite S1 prop from The Spy Who Loved Me that nearly tripled its estimate to sell for €852,000 (£738,000).

Augustin Sabatié-Garat, Director of Sales EMEA at RM Sotheby’s, said: ‘This year’s Monaco auction was truly something special, with an incredible selection of collector cars spanning the length and breadth of the hobby.

‘The results speak for themselves, with several individual records contributing to the biggest multi-lot collector car auction we have ever hosted in Europe, crowned of course by the 1961 Ferrari 250 GT SWB California Spider—quite possibly the most glamorous car ever made. We look forward to carrying on our run of form at The Woodcote Park Auction in July.’

Images courtesy of RM Sotheby’s, Car and Vintage, Kevin Van Campenhout