Monaco

11 - 12 May 2012

Monaco

RM DOMINATES MONACO HISTORIC WEEKEND WITH INCREDIBLE €33.5 MILLION IN SALES

RM DOMINATES MONACO HISTORIC WEEKEND WITH INCREDIBLE €33.5 MILLION IN SALES

RM Auctions continued its record-breaking sales run in Europe, generating a spectacular €33,521,710 in sales ($43,410,615 USD) with 87 percent of all lots sold at its biennial Monaco sale at the Grimaldi Forum.

Held during the same weekend as the Grand Prix de Monaco Historique, the two-day auction presented a magnificent collection of more than 90 blue-chip automobiles, 100 Ducati motorcycles, and three boats. As many as 10 motor cars achieved individual prices exceeding €1 million, with four lots surpassing €2 million. In addition, the sale boasted several new all-time records for a number of specific cars and motorcycles sold at a public sale.

The spectacular results rank the sale as one of the most successful collector car auctions ever staged in Europe, as well as RM Europe's highest-grossing sale to date, eclipsing the strong results achieved by the company at both its debut sale in Monaco in 2010 as well as the highly successful 2007 Ferrari Leggenda e Passione event.

Illustrating RM's extensive international client base, bidders hailed from 33 countries around the world, including as far away as China, Brazil, and the United Arab Emirates.


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