The first Antibes Yacht Show auction took place on April 20, with the Schichau Lone Ranger superyacht the sole seller.
The 77.7m coverted tug sold for $1.1m to a buyer in Monaco. It has completed two round-the-world trips with the previous owners, and has visited both the Arctic and Antarctic.
This inaugural auction offered 37 yachts, yet only one successful sale was made. Prestige Yacht Auction, the company behind the sale, remains positive about its September 2013 sale in Monaco.
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