Following close on the heels of its annual Arizona auction, RM Sotheby’s was in Paris this week for its ninth annual sale in the French capital, where 91 percent of the lots sold for just short of €25 million ($28.6 million).
The docket was highlighted by Part II of The Petitjean Collection, with 28 Ferrari road cars from 1959 to 1989 up for bidding.
“The collection of Marcel Petitjean represents one man’s passion and dedication to building a fine collection of cars,” RM Sotheby’s said of the cars formerly owned by the racing driver. “All lots were vigorously contested, and it was the 1985 Ferrari 288 GTO, one of the ultimate supercars of its era, which sold for €3,464,375 ($3.96 million), establishing a record for the model and topping the entire sale.”
Also from the Petitjean Collection, a 1966 Ferrari 275 GTB/4 by Scaglietti, not only a former Paris Salon show car but the first production GTB/4, which brought €2,367,500 ($2.7 million) and a 1964 250 GT/L Berlinetta Lusso, also by Scaglietti, that sold for €1,186,250 ($1.357 million).
Outside the Petitjean consignments, a 1966 Ferrari F50 driven only 12,722 kilometers sold for €3,436,250 ($3.9 million), a 1994 Bugatti EB110 GT brought €1,805,000 ($2.065 million), and in perhaps the most exciting moment of the sale, a 1983 Ferrari Meera S by Michelotti, a one-off created for Saudi Arabian royalty, sold for €432,500 ($494,965), a figure that was 245 percent above the car’s pre-sale estimated value.
Top-10 sales, RM Sotheby’s Paris 2022
- 1985 Ferrari 288 GTO, $3,964,735
- 1996 Ferrari F50, $3,932,548
- 1966 Ferrari 275 GTB/4 Scaglietti, $2,709,439
- 1994 Bugatti EB110 GT, $2,065,697
- 1964 Ferrari 250 GT/L Berlinetta Lusso Scaglietti, $1,357,580
- 1959 Ferrari 250 GT Series II cabriolet Pinin, $1,306,081
- 1963 Aston Martin DB4 convertible, $1,293,206
- 1958 Mercedes-Benz 300 SL roadster, $1,048,584
- 1954 Fiat 8V coupe, $1,035,710
- 197e Ferrari 365 GTB/4 Daytona Berlinetta, $632,298
(Prices include buyer’s fee.)
“We are beyond pleased with the results of Monsieur Petitjean’s collection and the entire event overall,” noted Oliver Camelin, RM Sotheby’s director of sales, Switzerland. “Across the board, the entire sale was a huge success and to achieve a sale rate of 91 percent really signifies just how strong the market is, at present.”
RM Sotheby’s next auction is scheduled for March 5 at Amelia Island, Florida, followed March 25-26 by its sale at Fort Lauderdale, Florida.