Ferrari sells in Monaco for over €5M
A Ferrari went under the hammer last Friday for €5.04M, twice the price of the subsequent highest cars also Ferraris at €2.5M each.
The 1957 Ferrari 625 TRC Spider had an estimate price of €3-3.7M but smashed that estimate to hit a final sale price of €5,040,000. The next two highest lots were a 1966 Ferrari 206 S Dino Spyder and a 1952 Ferrari 225 Sport Spyder ‘Tuboscocca’, going for €2,520,000 each.
Next came a 1936 Mercedes-Benz 540 K Sport Cabriolet A at €2,324,000 followed by a 2007 Peugeot 908 V-12 HDi FAP Le Mans Racing Car at €1,680,000. The 2007 model Peugeot was the original prototype before it went on to win Le Mans in 2009, and was only the second diesel sport car from a major manufacturer following the Audi R10.
The auction closed with three more Ferraris and two Alfa Romeos going under the hammer for between €1-1.3M.
The winner of the top auction can congratulation himself on capturing a fine model, though we would advise against celebrating with a drink at Baoli.