$33.4m of sales in two hours... Classic car investments take to the fast lane
RM Auctions kicked off its 2011 European calendar in style on May 21, posting over €23m ($33,436,750) at its debut sale at the Concorso d'Eleganza Villa d'Este in Cernobbio, Italy.

The two-hour sale treated a discerning international audience to one of the most significant offerings of collector cars presented in recent auction history, including the highly-anticipated sale of six unique Bertone concept cars.

Featuring a hand-picked selection of 32 motor cars, top sale honours went to a stunning 1955 Ferrari 375 MM Berlinetta for €3,360,000, while a breathtaking, concours-quality 1938 Talbot-Lago T150-C SS Teardrop Coupé sold for €3,136,000.

1955 Ferrari 375 MM Berlinetta Pinin Farina
The spectacular 1955 Ferrari 375 MM Berlinetta Pinin Farina

Offered for the first time, the visually-striking selection of concepts from the official collection of Bertone S.p.A was one of sale's many highlights, garnering significant attention and spirited bidding. Headlined by the wild 1967 Lamborghini Marzal which sold for €1,512,000, total sales for the collection surpassed €3.6m, with numerous lots far-exceeding expectations.

Additional notable sales included the 1974 Lamborghini Bravo which achieved €588,000, almost four times its pre-sale estimate, while the 1980 Lamborghini Athon also attracted strong interest and doubled its estimate to sell for €347,200.

 

Join our readers in 200 countries around the world - sign up for your free weekly Collectibles Newsletter today 

Register to receive more in-depth articles from our dedicated team.

Register Here

Featured products

Elvis Presley Authentic Strand of Hair
Elvis Presley Authentic Strand of Hair
Sale price£399
In stock
Fidel Castro signed certificateFidel Castro Signed Certificate
Fidel Castro signed certificate
Sale price£2,995
In stock
King Henry VIII Autographed DocumentKing Henry VIII Autographed Document
King Henry VIII Autographed Document
Sale price£55,000
In stock