Update2 — RM Auctions Paris Gala Brings Out the Global Jet Set… But Also High Reserves



RM is a real class act.

RM Auctions - Paris 2014 Previews - 1969 Lola T70 Mk IIIb by Sbarro1

This Blenheim, Ontario-based automotive specialist auction house took the best possible route to the European collector’s market via a glittering February 5th, 2014 Gala in Paris.

1971 MB 600 six-door GIF

For a relative new-comer in the seven-figure classic car world, RM is making all the right moves. Did they arrive in Paris with a variety of old Mustangs and Corvettes?

PAris 2014 RM Auctions  1983 Lancia 037 Group B

Nope — not a single yank tank is in the top-thirty list from this event. The hand-crafted list of cars includes a number of unique and special pieces with extra relevance to France and European racing history. Names like Delahaye, Gordini, Peugeot and Porsche were the stars of this UHNWI auto mall.

UHNWI? A bit of a mouth-full of an acronym for ultra-high-net-worth-individuals.

Reserve not met.

Reserve not met.

Basically, people whose jets own their own deeded hangar parking spots in dozens of airports around the world.

RM Auctions PARIS 2014 - LOLA Sbarro T70 mechanicals GIF

If the ‘media is the message,’ than RM really nailed at least my fantasy Paris list pretty handily.

Ferrari 599XX Heading to Paris for RM Auctions in Feb 2014 Animated GIF

One surprise result? The top earner was not French Racing Blue — but in fact a 1955 British Racing Green Jaguar D-type.

RM Auctions Paris 2014 Jaguar D-Type 1955 Animated GIF2

Ever a competitor, (but rarely a winner), the swoopy and pristine D-type sold by RM for just above $5 million. (Euro 3,696,000.00)

Besides this English charmer, how did our other favorites fare for RM in Paris?

RM Auctions Paris Feb 2014 - 1982 Porsche 956 Group C Sports-Prototype 13

Quite well, thank-you!  A number of star players sold for huge sums, including a few previewed here before the auction:

RM Auctions Paris Feb 2014 - 1982 Porsche 956 Group C Sports-Prototype GIF

1982 Porsche 956 Group C Sports-Prototype – Sold for $3.2 million

RM Auctions Paris Feb 2014 - 1982 Porsche 956 Group C Sports-Prototype 1-vert

1936 Delahaye 135 S – Sold for $1.37 million

 

1969 LOLA T70 MkIII – Sold for *just* $228,000

RM Auctions PARIS 2014 - LOLA Sbarro T70 GIF 3

 

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