With some exciting events already in the books and many more coming up, we can say that 2018 is set to be another exciting year for us classic car lovers.
Our next occasion is set for the extravagant Salon Retromobile, in Paris from February 7 to 11, 2018. Considered one of the most relevant classic car expos in the world, Retromobile will take stage at the Porte de Versailles Exhibition Centre and guarantees to be a premier rendez-vous for the most prominent car collectors. We invite you to attend this famed event in Paris, and we will be glad to welcome you inside our hospitality area located in the main Pavilion (Hall 1, booth No. R015).
Last week-end Collezione by MAG and Bacchelli & Villa had the privilege to attend the prestigious 27th Palm Beach Cavallino Classic, where we showcased our gorgeous 1962 Ferrari 250 GT Cabriolet Series II by Pininfarina and our newly-added restoration facility made its American debut. It sure was a pleasure to see so many familiar faces there and participate in the success of the first major concourse of the year.
Last but not least, it is important to comment on the January Scottsdale auctions, as their results and performances set the tone for the coming months. Overall, sales totaled $247.8M with a minor decline (-5%) over last year’s results. However, fewer lots crossed the block (-8%) and sell-through rates were up to 84%. Blue-chip Ferraris with fascinating provenance continue to bring strong results. A clear example is this year’s highest sale: Battista Pininfarina’s personal1965 275 GTB Speciale sold by Gooding & Co for over $8M.
As Always, Forza Ferrari!