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$18M Alloy Ferrari LWB Cal Spider Competizione Leads RM Sotheby's ICONS Sale
The top-selling 1959 Ferrari 250 GT LWB California Spider Competizione. Photo: Darin Schnabel © 2017 Courtesy of RM Sotheby’s.



NEW YORK, NY.- Iconic motor cars from pre-War Classics through today’s most sought-after hypercars drove RM Sotheby’s third Manhattan sale, entitled ICONS, to a $45.5 million total last night at Sotheby’s York Ave headquarters, with 84 percent of all lots sold. The total was led by 11 individual million-dollar-plus results and saw strong prices for exceptional historic racers and high performance models of the 1990s, 2000s, and today.

Following a persistent competition between multiple bidders in the room and on the phones lasting nearly ten minutes, the star of the sale, an open-headlight 1959 Ferrari 250 GT LWB California Spider Competizione, chassis no. 1451 GT sold for a final $17,990,000 to exceed its pre-sale estimate (est. $14/17m). The second of just eight aluminium-bodied California Spiders to come out of the factory, 1451 GT secured 5th overall at the 1959 24 Hours of Le Mans in New Yorker Bob Grossman and the car’s debut at the Circuit de la Sarthe. Truly one of the greatest California Spiders extant, the Classiche Certified Ferrari is highly eligible for concours and vintage racing events the world over.

“We were thrilled to return to New York where we reaffirmed the city’s place on the RM circuit with this great $45.5 million result,” says Gord Duff, Global Head of Auctions, RM Sotheby’s. “The ICONS auction attracted many thousands of visitors as both art and car enthusiasts flocked to Sotheby’s Manhattan headquarters to view over 30 iconic automobiles. We saw strong bidding across the sale including from a number of Sotheby’s specialists on the phones competing with clients in the packed room. There was particular excitement around our top lot – the 1959 Ferrari 250 GT LWB California Spider Competizione which saw four bidders compete for nearly ten minutes sending the final price to $17.99 million.”

At the other end of the collector car spectrum, all eyes were on the first ever Bugatti Chiron offered at auction over the course of the ICONS exhibition. Nearly impossible to acquire from new and boasting a mind-blowing 1400 hp, the first example ordered for the U.S. market sold for a final $3,772,500 (est. $3.5/4m). The new owner will also be treated to a personalized, once-in-a-lifetime visit of the Bugatti factory in Molsheim, France complete with lunch, a factory tour, and a test drive with a noted test driver.

Additional stand out lots from the ICONS sale include high watermarks in several segments of the market, led by a 1952 Jaguar C-Type, XKC 007 at $5,285,000, the first example to win a race on U.S. soil, at the hands of Phil Hill no less. An exceptional 1958 Mercedes-Benz 300 SL Roadster, the last complete restoration to leave Rudi & Company’s renowned workshop, also attracted discerning collectors of the staple model, resulting in a final $1,407,500 (est. $1.25/1.5m). The nineties were well represented by a 1990 Lamborghini LM002, one of 60 U.S.-delivery “LM/American” examples, which sold for a final $467,000 (est. $400/500,000), smashing the previous record for the model, and a 1992 Lancia Delta HF Integrale Evoluzione, one of 400 ‘Giallo Ferrari’ special editions with a mere 6,500 km on the odometer, which achieved $190,400 (est. $175/225,000), setting a new world record for a road-going Delta Integrale at auction.

Finally, offered without reserve, the 2000 BMW Z8 originally owned by late visionary Apple Founder Steve Jobs attracted tremendous media attention, eventually selling for a final $329,500 (est. $300/400,000) on the 7th floor at Sotheby’s. Presented in low-mileage, meticulously maintained condition, the Z8 was offered complete with the BMW-branded Motorola Startac cell phone, an original accessory sold with the car.










Today's News

December 8, 2017

Donald Trump beats North Korea's Kim Jong-Un, sort of, at Art Basel in Miami Beach

Saudi crown prince bought $450 mn Da Vinci: report

The Oriental rug market viewed as a pyramid

New species of 'marsupial lion' found in Australia

Walker Art Gallery displays Lowry painting of the River Mersey and Three Graces

Tim Van Laere Gallery presents a solo exhibition of Franz West

Sotheby's to offer Italian, French, Spanish, German & British drawings spanning 500 years of Western art

$18M Alloy Ferrari LWB Cal Spider Competizione Leads RM Sotheby's ICONS Sale

Ancient Mediterranean Collection given new gallery space, visibility at Newark Museum

Naples pizza-making wins UNESCO heritage status

Illustrator Quentin Blake holds auction for 'overlooked' art

Exhibition examines the uses of photography to document, record, and identify individuals

In greying east Germany, a community for sale

MFAH announces the Jeanie Kilroy Wilson Endowment for the Curator of American Painting and Sculpture

New exhibition at SMK delves into the relationship between artistic creation and institutional support

Exhibition at the India House Art Gallery in Pune, India features Alyssia Lazin, Pavel Kapic and Arti Kirloskar

Sotheby's Important Watches totals $7.6 million: Robust online buying drives results

Christie's New York Magnificent Jewels totals $62,592,750

Aaron Angell presents new ceramic sculpture, inflatables, and painting at Glasgow's Gallery of Modern Art

Cortesi Gallery opens Serena Maisto's first solo show in London

Solo exhibition of Nikita Makarov opens at the Moscow Museum of Modern Art

National YoungArts Foundation announces Daniel Arsham Fellowship for Early Career Visual Artists

BMW Art Journey artist shortlist announced during Art Basel in Miami Beach

Cochrane gift endows painting conservatorship




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