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RM Sotheby’s

Historic Porsche Type 64 Fails to Sell Admid Auction Room Chaos

A 1939 Porsche Type 64, expected to headline a slightly lacklustre Monterey auction weekend, failed to sell in spectacular fashion on Saturday. RM Sotheby’s had lined up the sale. It took headline slot during the final day of the auction, only to fall short of the reserve. It’s not the no-sale that has people talking […]

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Vente aux enchères : erreur et flop pour la Porsche Type 64

L’une des trois Porsche Type 64 rescapée aurait dû affoler le marteau du commissaire-priseur en charge de la vente aux enchères RM Sotheby’s mais, suite à une monumentale confusion, la première Porsche de l’histoire n’a finalement pas trouvé preneur. Entre 70 et 17 M$, il n’y a que 53 M$ de différence ou une erreur […]

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There’s A Fishy Reason The Porsche Type 64 Didn’t Sell At Auction

There are those in the collector community today who feel they have been duped and betrayed by auction house RM Sotheby’s, and the reasoning is absurd. During Saturday night’s Monterey sale, RM Sotheby’s brought perhaps the most valuable Porsche ever to the auction stage for bidding. The Type 64 racer is the first car ever to carry the Porsche name, years before Ferdinand built the first 356. This car is built largely using off-the-shelf Volkswagen components, but enough of this thing has been changed, including its basic chassis, that it truly warrants the name of first Porsche ever.

This car was built specifically to further the Nazi agenda, running in the Berlin-to-Rome long distance race which was dreamed up as a public relations stunt to showcase the power of the Axis pact. That’s not what caused the kerfuffle last night, however. The problem was that the car was too cheap, somehow.

The car was expected to sell for around $20 million. Which is why everyone got a little excited when the opening bid was $30 million. That jumped to 40, then 50, then 60, and 70 in rapid succession. Except that it didn’t. Because of the auctioneer’s accent, the person running the display board heard the actual opening bid of $13 million as thirty. Watch the video below, and you’ll be hard pressed to determine 13 from 30, but when the auctioneer starts asking for increments of $500,000, that should have been enough of a tip off to note that the actual bidding wasn’t progressing in tens of millions.

The gaffe seems like nothing more than that, but when the auctioneer takes a second to correct the display from $70,000,000 to $17,000,000, the room absolutely deflates, and no further bids are made on the car. The excitement is replaced by a disgusting display of humanity. The murmuring, the hollering, and the outright booing that happened afterward show that humans collectively have lost all sense of civility. While some are decrying the incident as nothing more than further publicity for the auction house, that line of thinking makes no sense. I’m sure RM Sotheby’s would prefer to walk on and forget all about this incident (in fact, the auction’s live stream has been removed from YouTube) rather than display perhaps its biggest mistake in recent history to the world.

In any case, $17 million wasn’t enough to take the Type 64 home.

 
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Now Is Your Chance To Bid On The First Porsche Race Car

The folks over at RM Sotheby’s are preparing to sell an incredibly significant piece of Porsche history. Namely, the Porsche Type 64 race car that was the very first car to wear the Porsche name. In the video below, put out by the auction house this afternoon, you can see the Type 64 in action, driving around Willow Springs race track in California, driven by none other than Porsche’s two biggest fanatics, Jeff Zwart and Patrick Long. They discuss the car’s significance and what it means to them. It’s a short and sweet video that is worth watching. I’ve seen the Type 64, but watching it zoom around a race track is next level cool.

The Porsche Type 64 will be offered during the Saturday evening session of RM Sotheby’s 2019 Monterey auction. It will be one of the more than 180 auction lots sold therein. To see more information about the car, as well as more auction-ready photographs, click here.

The Type 64 was originally built for the Berlin to Rome race, but World War II broke out just a month after the car’s completion. The first of three cars planned, this one was appropriated by Dr. Bodo Lafferentz, the head of the German Labour Front, who promptly damaged it in a heavy crash. The second car was commandeered by a few U.S. Army soldiers, who cut the roof off the car and rallied it around until the engine blew up, then they scrapped it. The crashed car was ultimately returned to Porsche where it was rebodied with the sheetmetal planned to be used for car #3. That third car was never built, and this is the only car of its kind remaining.

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Les Porsche de la collection Taj Ma Garaj en images [Diaporama]

C’est un évènement qui devrait ravir les passionnés de la marque de Stuttgart. Et pour cause, le 28 septembre prochain, la maison RM Sotheby’s mettra aux enchères une trentaine de Porsche d’exception, à l’occasion d’une vente qui se déroulera dans le mythique Taj Ma Garaj, à Dayton, aux États-Unis. Cette collection, dont tous les modèles sont proposés sans aucun prix de réserve a été créée puis étoffée au fil des ans par John Dixon, qui aurait attrapé le virus Porsche dans sa jeunesse après s’être fait doubler par une 911 alors qu’il circulait au volant d’une muscle-car américaine. Plus de cinq ans après le décès de ce collectionneur passionné, la maison RM Sotheby’s a décidé d’éparpiller ses belles allemandes.

Des modèles mythiques… et insolites

C’est donc au sein du célèbre garage, servant à la fois de musée, de lieu de réception et surtout de Mecque des passionnés que se déroulera la vente, là même où John Dixon avait patiemment réuni l’ensemble de sa collection. Un lieu mythique, dans lequel seront adjugés dans quelques mois des modèles parfois insolites, tels qu’une incroyable Porsche 356 limousine de 1953. Une pièce unique estimée entre 150 et 250.000 €, créé à la demande du collectionneur et dont l’histoire est encore très mystérieuse. Ultra-luxueuse, elle est notamment équipée d’une sellerie en cuir, cendriers, d’un toit en verre et même… d’un espace bar.

D’autres modèles plus conventionnels mais non moins exceptionnels seront également proposés, dont une Porsche 356

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