Blenheim-based RM Sotheby’s leads the auction market, with no other house matching its record for sales above $1 million and combined value. European classics specialist Paul Darvill attributes its success to bringing the most exciting cars under the hammer. It is breaking into Germany with an auction next year, and has opened a private sales division. ‘Auction is not for everybody,’ he says. ‘We want clients to talk to us even if they feel auction isn’t their bag.’
The market may have slowed, but there is appetite among collectors. ‘There are still strong values being achieved for really great pre-war cars,’ says Darvill. ‘This part of
the market is underpinned by enthusiasts and serious collectors not really interested in investment.’
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