Saturday, July 28, 2012

HSH Prince Albert III's of Monaco: Artcurial Motorcar Auction

1983 Mercedes 500 SEC HSH Rainier III’s personal car fetches 117 600 euros 4 times more then estimate

Lot 23 Mercedes-Benz 500 SEC AMG s/n 126.04.412004784 Est. €15,000-25,000 sold €117,600
Lot 23 Mercedes-Benz 500 SEC AMG s/n 126.04.412004784 Est. €15,000-25,000 sold €117,600
Hervé Poulain and Matthieu Lamoure, auctioneers for Artcurial Motorcars, took turns on the rostrum to wield the gavel for this ‘white glove’ sale, with 100% of the 38 lots changing hands for a sale total of €1,180,000. The majority of cars sold for at least double their estimates, with certain models achieving excellent prices :
Prince Rainier’s personal car, the 1983 Mercedes 500 SEC, estimated at €15,000 – 25,000, sold €117,600
The 1930 Ford A Roadster, (estimate €14,000 – 18,000) sold for €62,600
The 1942 Dodge 4X4 Command Car (estimate €20,000 - 30 000), sold for €56, 300
The 1913 Panhard & Levassor X19 Roadster, (estimate €25,000 - 35,000) sold for €81,300
The 1907 Berliet C2 Double-Phaeton, (estimate €20,000 – 30,000), sold for €70,700

H.S.H Prince Albert II of Monaco asked Artcurial Motorcars to organise this unique sale of reserves from his Motor Car Collection, assembled by his father, Prince Rainier.
A motor car enthusiast, Prince Rainier put together, over a period of more than thirty years, an important collection of classic cars, acquired as opportunities arose or through a personal interest. He assembled and restored some 100 vehicles, a large cross-section of models from the most illustrious European and American marques, which have all, in some way, shaped their era. Owing to a comprehensive reorganisation of the Collection, HSH Prince Albert II of Monaco and Artcurial Motorcars organised this exceptional sale of reserves from the Collection, on 26 July.
Next Artcurial Motorcars sale : 
Automobiles sur les Champs Elysées 4, 11 November at Artcurial, in Paris.

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