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Feb 09, 2014 7:13 pm
David Offline
Member
Registered since: Feb 05, 2011
Location: -


Subject: Re: LR128 for sale at Artcurial
Has anyone seen 128 in the metal, especially underneath, to help judge if 160K Euro was fair? Only 5 of the original 6 LHD Rapides survive (i.e not 104), plus at least one converted later. Located in CH, OZ, US, FR, KWT in chassis order
This post has been edited 1 times. Last edit on Feb 09, 2014 7:22 pm by David.  

Feb 09, 2014 7:17 pm
randall977 Offline
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Registered since: Oct 29, 2010
Location: Oxfordshire


Subject: Re: LR128 for sale at Artcurial
The condition is not entirely clear from the description.
Christian
 

Feb 10, 2014 9:56 am
randall977 Offline
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Registered since: Oct 29, 2010
Location: Oxfordshire


Subject: Re: LR128 for sale at Artcurial
With commission and VAT the final price was €219 - so around £180K...which is not so bad!
Christian
 

Feb 10, 2014 2:24 pm
SRD Offline
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Registered since: Mar 12, 2012
Location: -


Subject: Re: LR128 for sale at Artcurial
The sold price was 193,000 Euro's, which is £160,400.

Having seen the car in person, I rated it overall as poorer than LR129, so the price was right, even with the typically poor advertising of Art Curial outside of Europe.

The re-spray was i.m.o. poor, and nowhere near Goodwood Green; underneath the car there was a variety of indifferent welding.

The carpets. under-felt etc were all poor replacements etc. The floor-pans were solid, but not pretty repairs, when you looked carefully.

Detailing was not the strong point for the car. The best point for European buyer's was the lhd

[I collected copies of build sheet and owner history whilst I was there on my phone].

Paris is a wonderful place to spend for an anniversary...
This post has been edited 1 times. Last edit on Feb 10, 2014 2:25 pm by SRD.  

Feb 10, 2014 2:55 pm
SRD Offline
Member
Registered since: Mar 12, 2012
Location: -


Subject: Re: LR128 for sale at Artcurial
"A bit low, though I note that many lots barely made it to the bottom of their estimate bracket (and some didn't even manage that). "

I agree with this Tim, but of course there were exceptions: the DB4 which was not actually a DB4GT, did very well imo, the DB5 and DB6 were on the money; the Ferrari's did ok (but not as good as the recent USA auctions); high quality European cars did fine; the Lagonda V12 dhc made very good money as they always do in Europe; far better than the comparable example at H&H in December did.

Overall, the sale suffered from "too little and to late" in terms of advertising /marketing. Which is typical of Tajan who are behind Art Curial. There are plenty of auctions at the moment, all competing for people's money.

However, cars which were either not top notch "current investors purchases" or high condition 2 / 1 or better cars, did poorly; that is where I would place LR128.
 

Feb 10, 2014 5:35 pm
randall977 Offline
Member
Registered since: Oct 29, 2010
Location: Oxfordshire


Subject: Re: LR128 for sale at Artcurial
So do you know what the price to the buyer was? I was told €160 was the hammer price but obviously a mistake. £160K seems quite good after what you've said, plus if you add fees etc I guess it's much higher.
Christian
 

Feb 10, 2014 7:45 pm
David Offline
Member
Registered since: Feb 05, 2011
Location: -


Subject: Re: LR128 for sale at Artcurial
Thanks SRD for your observations on the car, any idea of the buyer's ID? I agree Paris is a wonderful city, I used to visit for work every week 1998-2006 approx. Trust you stayed somewhere suitably extravagant for your anniversary, on which congratulations! It's also a place where you can regularly see AM and Lagonda Wedges parked on the street but the largest collection of these is in the private car park under one of the Parcs
 

Feb 10, 2014 8:01 pm
SRD Offline
Member
Registered since: Mar 12, 2012
Location: -


Subject: Re: LR128 for sale at Artcurial
David hi

We went in on the Thursday to view the car for ca. 30-40 minutes and then we were off; that was enough to get a good impression of the car.

As you know I am trying to get as up to date pictures on every car which is findable. Sorry, not there for the sale on Friday, that might have been pushing the boat out a bit...

Buyers Premium is a hefty 16% plus 20% VAT on this figure...

I used to work in Paris a lot as well, wonderful place, and yes we stayed somewhere special.

BTW, I had thought the largest collection of Wedges was in Potters Bar, that was substantial when I last looked; are you suggesting there is a larger collection ?
This post has been edited 1 times. Last edit on Feb 10, 2014 8:02 pm by SRD.  

Feb 10, 2014 9:01 pm
David Offline
Member
Registered since: Feb 05, 2011
Location: -


Subject: Re: LR128 for sale at Artcurial
Sorry ambiguous comment by me: the largest assortment of AM&L in Paris is under the Parc, as well as Ferrari, Maser, Jensen, RR&B, American cars, historic French, German, all sorts. One of 5 or 6 such stores around the city, fabulous!
 

Feb 10, 2014 9:12 pm
SRD Offline
Member
Registered since: Mar 12, 2012
Location: -


Subject: Re: LR128 for sale at Artcurial
David - very well informed as usual. Before I go next time, will email you for further details, sounds as though it as a must do trip!
 

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