RM Sotheby’s celebrates several milestones at its inaugural Munich auction

RM Sotheby's

RM Sotheby’s celebrates several milestones at its inaugural Munich auction

Auctions

RM Sotheby’s celebrates several milestones at its inaugural Munich auction

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RM Sotheby’s set up at Motorworld in the heart of Munich for the first time and left the historic German city having tallied multiple world record automotive auction prices. The sale closed out Sotheby’s European auction calendar in impressive style as its 74 lots brought in just under $25M (U.S.) and achieved an impressive 90.5 percent sell-through.

“RM Sotheby’s has enjoyed an exceptional year on both sides of the Atlantic, and for us to come to Germany for only the second time and to achieve this record result is simply outstanding,” said Marcus Görig, RM Sotheby’s Lead Car Specialist for the German Market. “There was so much excitement around this sale and the atmosphere in the room was electric. With so many bidders attending in person and joining from around the world via phones and the internet, we have delivered a result which has exceeded all our expectations.”

The record-setting event took place in a truly packed auction room with bidders representing 44 countries, the sale especially notable for including the remarkable Bavarian Legends Collection, a truly outstanding collection of 32 cars and motorbikes offered entirely without reserve. This collection featured some of the greatest models ever built by BMW, spanning from the pre-war period through to the 21st century.

Six lots exceeded $1M, topped by a 1991 Ferrari F40—a lovely and well-maintained example of what remains one of Maranello’s hottest properties. Retaining matching-numbers body, chassis, engine, and gearbox, and with only 9,400 recorded kilometres, it brought $2.4M.

Many eyes were on the 1938 Mercedes-Benz 540 K Special Roadster in the style of Sindelfingen—a stunning recreation of the special roadster body on a factory 540 K Cabriolet B chassis which retains its matching-numbers engine. It truly deserved its car deserved its $2.1M selling price, exceeding its high estimate.

From within the Bavarian Legends Collection, a 1958 BMW 507 Roadster Series II—one of just 252 built—achieved an excellent $2.0M. A 2008 Lamborghini Reventón, one of only 20 examples produced and with a mere 106km on the clock, sold for $1.8M while. 2017 Ferrari F12tdf, part of the stunning Driver and Rider Collection, sold for $1.3M, rounding out the top five.

Worthy of note was the 2022 Mercedes-AMG GT 63 S E Performance, offered by Mercedes-Benz as a one-off commemorative model designed in collaboration with Swiss tennis legend Roger Federer. With all proceeds going to charity, the car sold for an exceptional $223,377.

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