32 M€ for 2017 Retromobile by Artcurial Motorcars

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32 M€ for 2017 Retromobile by Artcurial Motorcars
People walk around a 1929 Renault Reinastella during the "Retromobile" old cars fair in Paris February 10, 2017. ERIC FEFERBERG / AFP.



PARIS.- On Friday 10 February, collectors and visitors to the Salon Retromobile who attended this year’s sale by Artcurial Motorcars enjoyed a remarkable event. The auction, taken by the acclaimed trio of Hervé Poulain, Matthieu Lamoure and Pierre Novikoff realised 31 944 484 € / 33 861 153 $, with 73 % of all lots sold. The overall sale total was up 33% on last year’s event, (excluding the exceptional 1957 Ferrari 335 Sport Scaglietti that fetched 32.1M€, the highest ever auction price for a car in Europe). This result confirms the continued strong development of the Artcurial Motorcars team.

The largest annual collectors’ car sale in continental Europe once again drew large crowds. Over 500 people registered to bid in the room, and some 18 nationalities were represented. Over 3,000 packed into the saleroom and another 15,000 people followed the sale live on the internet, as the 154 lots came under the hammer in the drive-through auction. This marathon sale lasted nearly 8 hours!

There were four new world records in this year’s event, with 59 lots selling for over 100 000 €, 11 over 500 000 €, and 7 that fetched over 1M€.

« As Johnny Hallyday said in his song Cadillac, « the heart is an engine ». Artcurial Motorcars’ engine has the ability to bring together the entire collectors’ car market every year in Paris. In front of a 3 000-strong audience of car lovers, we brought the sale to life and our results demonstrate a market that remains strong and stable." Matthieu Lamoure, Managing Director, Artcurial Motorcars

« The current market shows both a robustnesss and a real vitality. The Hervé Ogliastro Collection sold really well, as demonstrated by the Bugatti Atalante (lot 27) that made twice its estimate! There was something for everyone in this sale, from the famous Dino, that made the highest price, to a Renault 4CV that changed hands for the lowest sum! » Maître Hervé Poulain, Honorary Chairman, Artcurial










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