Some interesting cars coming up at RM Sotheby's "Duemila Ruote" auction in Milan

The manual 575 looks nice. What a weird collection. 1991 Pontiac Trans Sport up for sale with an F40 and 959?

 

Red is red even with Pontiac it counts

J.

 

...
Image Unavailable, Please Login

 

I am trying to think how this auction will pan out. Nearly all lots are LHD,there are zillions of them,..the European buyers are possibly careful with their cash at the moment,having said that,the collection is without reserves. the Italian government want out,and get their revenues back in the pot (which is pretty empty just now). Knowing that,would you think that RM/S have done a commission deal ,bearing in mind that every car will sell,whatever the bid. This suggests some really 'cheap' purchases,but how will the results affect the global market ? What do you think ?...

 

My idea is that many punters will be thinking like you. Many will think that there is going to be a great bargain to be made and it will end up as a huge success with prices spiralling up and up because who wants the car will keep raising the bar when the bidding starts. This is a unique opportunity which will have many more than the usual bidders due to the novelty. I think we're in for a huge surprise.

 

Most of these cars already have multiple, if not 100s of examples on the secondary market and only a combination of attractive car and pricing ensures they sell. This auction will have some rare car go way over estimate but equally the 20th or whatever E-Type's will bomb. Someone is going to get a bargain somewhere in this sale, on the face of it, but then the condition of many lots is either unknown or poor, so the bargain may turn out to be a very expensive bargain? When you look at lots of auctions you note that they build from lot #1, which is always fairly cheap and cheerful towards a fairly good lot, drop back down, then back up towards the star lot and then reverse the process which keeps things exciting even when selling boring consignments since there is always an exciting lot just a few lots away. In this auction, no matter how they space them, there is a lot of used cars on offer and whatever spacing they simply won't be able to stop tedium setting in......

 

I think you are onto something...

 

I think they'll follow the mecum approach where the first day they'll sell the cheapest, used car type of lots, up the ante a bit on the second day, and concentrate all of the high caliber stuff on the last day which will thus have the look, feel and pace of a regular RM auction. This way they can attract the right crowd for each day and adjust the pace of selling accordingly - quickly breeze through used cars on day one and really take their time to get good prices on the higher level stuff at the end. That's what I'd do...

 

I just took a look at the site and a pop-up offered a hard copy catalog - pity the postman !

 

I think I have requested the catalogue(free),thats a little unusual,maybe those 'advertising costs' will be added to the commission bill rendered after the sale.I agree with Timmmy about the boredom factor,and wonder why the sale is going to drag on. After all...with no reserve,you should be able to bang one down every five minutes,and move on. That will keep the crowd on their toes !

 

Ah thank you, the Khamsin in this auction is dodgy too: the real 096 -as far as is known- is in Vienna...awaiting more details from RM but this sets the tone...

MS

 

Here is the parts list View Lots | Classic Car Auctions | RM Sotheby's

 

Contrary to most here, it seems, I'm intrigued by this collection simply because of the diversity. Even if I was able to suddenly afford every dream car I ever wanted, you can bet I'd have some relatively "run-of-the-mill" cars in there too because, well, I like those cars also! Even if I owned an alloy 275 GTB, I don't think I'd lose my interest in $10,000 Alfas, etc. And I'd still have a lust for project cars even if I could afford a perfect example.

This seems to me the kind of collection that a true gearhead assembles. Even if he was a fraudulent gearhead!

 

Those dudes emailed today to say that all of the lots are now online.

Haven't perused the bicycles etc. yet but looking forward to it. Say what you will but this collector was enthusiastic about acquiring things.

 

I'm going to apply to bid and maybe try to snag the 512. Is anyone physically going to this? I can't attend in person, and I have no idea how I would even get the car back to Canada.

 

According to a Kidston write-up the assets being sold off also include "2,000 seized adult movies" (RM is not handling that sale) so he was indeed an avid collector of diverse interests. I personally dig the race cars the most...

 

Call or message RM, they will assist with both a bidding method and the shipping..... For a price

 

Shipping is very easy, I have used Cosdel many times one way or both ways and they take care of all the process. You have choice of container or plane, depending of your taste

 

wooow what a Collection

Austria not so far away i think i will take a look at that and drive there.

 

And ... a Lincoln Navigator. Interesting auction, to say the least.

 

Fascinating!

 

Is there a story to some of the items? Like the trophy collection - looks to have MM, Targa Florio, some hill climbs, as best I can tell many are Italian related. Some of the bicycles look to have printed descriptions on them - are they important winners? Same with the bobsleds, almost looks a chronology of design.

 

For those of you that seem to be interested in this highly unusual auction but are discouraged by the administrative procedures related to buying a car there and finding the proper document and shipping solution, S&P Advisory SARL operating from MC, Principaute de Monaco, and Treviso (Italy) could be the answer.
This Law Firm has been instrumental in helping the Guardia di Finanza (the Italian Internal Revenue System) and RM Sotheby in setting-up this sale.
They have the experience and the knowledge to professionally advise any foreign buyer in this matter.
You might contact Dr. Nicola Parolin at [email protected]
Good luck!
Franco Lombardi

 

The catalogue is available now online. Pity the guys who has to come up with estimates for all these lots. Some are comical but of course with no reserves, it will be fascinating to see how this all unravels.