Q2 2021 – Glenmarch auction review


Written by Glenmarch

A busy auction update showing there is huge appetite for famous cars. In this update: Jerry Seinfeld’s wingless 2016 Porsche 911 GT3 RS; Jane Fonda’s 1966 Ferrari 275 GTB, and a new highwater mark for a 1995 F50…

Porsche 911 GT3 RS – © Ted7

Porsche 911 GT3 RS – © Ted7

A unique wingless 2016 Porsche 911 GT3 RS with 1,500 miles, originally owned by comedian and legendary Porsche collector Jerry Seinfeld, went under the hammer at Bonhams’ Supercars on Sunset sale in Los Angeles in April.

Optioned with more than $250,000 in extras and Special Wishes pushing its retail price close to $450,000, it comfortably exceeded its $290,000 – 330,000 pre-sale estimate, changing hands for $356,400.

Porsche RUF BTR – Darin Schnabel ©2021 Courtesy of RM Sotheby's

Porsche RUF BTR – Darin Schnabel ©2021 Courtesy of RM Sotheby’s

RM Sotheby’s online platform also saw strong demand for its 1981 Porsche RUF BTR; guided at $90,000 – 110,000 it was sold for $176,000. Delivered new to Germany as a 911 Turbo, it was converted by RUF in 1987 to a BTR, giving 374bhp from its uprated 3.4-litre single-turbo.

Isdera Imperator 108i – © Bonhams

Isdera Imperator 108i – © Bonhams

Historics returned to Ascot Racecourse in April for its first sale of the year, with the public in attendance. Highlights included a 22,699-km 1992 Jaguar XJ220, recently recommissioned at a cost in excess of £61,000, which went for £305,640 (estimate £325,000 – 375,000), and a 1969 Mercedes-Benz 280 SL, restored in 2016 at close to £100,000, that drew a colossal £184,800 – blitzing its £95,000 – 120,000 estimate. Bonhams continued its tradition of running a sale at the Grand Prix de Monaco Historique, where a rare one-of-30 1991 Isdera Imperator 108i posted the top result on the day, making €690,000 (estimate €500,000 – 700,000).

Ferrari F50 – ©2021 Courtesy of RM Sotheby's

Ferrari F50 – ©2021 Courtesy of RM Sotheby’s

The eagerly anticipated Amelia Island sales finally got underway in May after being postponed from their regular March slot due to COVID. Pre-war machinery made the headlines, RM raising $5,725,000 for a 1929 Duesenberg Model J with one-off coachwork (estimate $3,500,000 – 4,000,000) and Bonhams’ 1934 Mercedes-Benz 500K/540K Spezial Roadster bringing $4,900,000 (estimate $4,500,000 – 5,000,000). Ferraris sold well, helping RM towards an impressive 95% sell-through rate and a $42 million sale total. Notable sales included a 5,147-mile 1995 F50 which set a new highwater mark at $3,772,500 (estimate $3,400,000 – 3,750,000) and a 1968 275 GTB/4 also fetching above its upper estimate, selling for $2,810,000; while a 13,442-mile 1971 365 GTS/4 Daytona Spider and a 3,304-mile 1992 F40 each achieved their mid-estimates – the Spider at $2,452,500 and the F40 taking $2,040,000.

Ford GT MkII – © Mecum

Ford GT MkII – © Mecum

A track-only 15-mile 2020 Ford GT MkII, finished in one-off Ken Miles Le Mans livery, led the supercars finding new homes at Mecum’s Indianapolis sale at $1,870,000 (estimate $1,600,000 – 1,700,000). Among the McLarens from the Marshall Goldman Collection, a 2014 P1 with only 325 miles sold for $1,347,500 (estimate $1,200,000 – 1,300,000) and a 186-mile 2019 Senna took $946,000 (estimate $900,000 – 1,000,000).

Lancia Delta HF Integrale Evo 2 ‘Edizione Finale’ – © Silverstone Auctions

Lancia Delta HF Integrale Evo 2 ‘Edizione Finale’ – © Silverstone Auctions

Silverstone Auctions achieved record prices at its May sale for a 5,400-km 1995 Lancia Delta HF Integrale Evo 2 ‘Edizione Finale’ at £218,250 (estimate £145,000 – 165,000) and a 49,000-mile 1999 Subaru Impreza 22B-STi Type UK at £171,000 (estimate £120,000 – 140,000) – establishing new auction highs for both models; while an ex-Petter Solberg 2004 Subaru Impreza S10 WRC also headed to a new owner, selling for £369,000 (estimate £385,000 – 450,000).

Ferrari 275 GTB – Remi Dargegen ©2021 Courtesy of RM Sotheby's

Ferrari 275 GTB – Remi Dargegen ©2021 Courtesy of RM Sotheby’s

A 1966 Ferrari 275 GTB originally owned by Roger Vadim and Jane Fonda was the star attraction at RM Sotheby’s Milan sale in June, making a mid-estimate €2,255,000. The sale also featured a 2,347-km 2004 Koenigsegg CCR at €798,125 (estimate €720,000 – 760,000), and a 1988 Lamborghini LM002 which raised the bar for the model in Europe to €393,125 (estimate €225,000 – 275,000).

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Glenmarch Q2 – Top 10 auction sales

Car Price Auction House Location Date
Duesenberg Model J $5,725,000/£4.14M RM Sotheby’s USA May
Mercedes-Benz 500K/540K $4,900,000/£3.55M Bonhams USA May
Ferrari F50 $3,772,500/£2.73M RM Sotheby’s USA May
Ferrari 275 GTB/4 Alloy $3,586,000/£2.59M Gooding & Co Online May
Ford GT40 £2,508,000 Gooding & Co Online June
Duesenberg Model SJ $2,970,000/£2.15M Mecum USA May
Ferrari 275 GTB/4 $2,810,000/£2.03M RM Sotheby’s USA May
Ferrari 275 GTB €2,255,000/£1.92M RM Sotheby’s Italy June
Ferrari 365 GTS/4 $2,452,500/£1.77M RM Sotheby’s USA May
Mercer Type 35 K Runabout $2,425,000/£1.75M Bonhams USA May