Artcurial happy with ‘youngtimer’ sales at Champs auction

Artcurial happy with ‘youngtimer’ sales at Champs auction

European bidders also showing interest in more recently produced collectible vehicles

While the top-sales list was led by the usual suspects, Artcurial Motorcars noted that what the Europeans call “youngtimers” did very well at its 12th annual Automobile sure les Champs auction Sunday in Paris. 

Overall, the auction posted $3.1 million in sales with a 71 percent sell-through rate for the 81 lots offered, Artcurial reported.

Matthieu Lamoure, Artcurial Motorcars managing director, called the event “a good mid-season sale.”

Tale of two Porsches: 1998 993 Turbo S sold for nearly a quarter-million dollars…

… while 1960 Porsche Diesel tractor bought for $36,600

Topping the sales list was a 1939 Alfa Romeo 6C 2500 SS spider that sold for $337,217. A 1998 Porsche 993 Turbo S followed at $249,247. Also among the top-5 were a 1970 Lamborghini Espada Series 2 ($134,887), 1993 Ferrari t12 TR ($130,488) and 2004 Ferrari 575M Maranello HGTE ($121,691). Prices include buyer’s fee.

But what Artcurial noted were the relatively recent vehicles that are becoming collectibles and the variety of the lots offered.

For example, a first new Alpine A110 premiere edition to be offered at auction sold for $90,800 and a 1990 Peugeot 205 GTI Griffe brought $60,050, well above its pre-auction estimated value. A 1976 Range Rover Classic sold for $87,880, “demonstrating that youngtimers have plenty of good times ahead,” Artcurial said in its news release.

1959 Vespa 125N sells for $14,644

The auction included 17 Vespa and Labretta scooters from a single collection. A Vespa 125N sold for $14,644, nearly three times its high pre-sale estimated value.

Another unusual lot was a 1990 Porsche Diesel Type 218 Standard farm tractor that sold for $36,600. 

 

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