Across The Block: RM Sotheby's, Milan

Chris Tonn
by Chris Tonn

Our annual feast of dead bird, fine pigskin, family arguments, cheap electronics, and roughly 200 (of 600) good episodes of The Simpsons is upon us. And once again, we take a glimpse into the wild world of classic car auctions, sure to be another magnificent family tradition.

Due to the holiday weekend here in the States, this week we look east to Milan for RM Sotheby’s Duemila Ruote 2016, an auction featuring over 400 collectibles — all at no reserve. I loved looking through this catalog. The exotics are awesome, of course, but the relatively pedestrian cars that we just don’t see here are what catch my eye.

Or, with one example, turn my stomach.

Note: I’ll be listing all prices in Euro, as the dollar is very close to a 1:1 match currently (1 EUR:1.06 USD at this writing) and it simplifies matters for those clicking between TTAC and the auction site.

1986 Ford Sierra RS Cosworth

Yeah, we love Fords here, particularly the hot ones. I still lust for a Merkur XR4Ti, but were I to partake, I’d know it wasn’t what it could be.

This Sierra RS Cosworth is the real thing. With a hot turbocharged Cossie twincam, it makes the 2.3-powered Merkur look like a CVH-equipped Escort with a missing plug wire. With a pair of fixed-back racing seats, we’d guess it has seen some use on a tarmac rally or otherwise properly hooned. Still, forbidden fruit is sweet, and this price seems quite reasonable.

RM estimate: 10,000-12,000 EUR

My guess: 14,000 EUR

1990 March 90C-Alfa Romeo

This blew my mind. That a Indy 500 car from my youth could potentially be this inexpensive, especially with an engine, is remarkable. That it’s one of the rare Alfa Romeo-engined cars is even more cool.

No, the Alfa-powered car was never a winner, but I typically see former CART racers sell for well over $75,000 when fitted with an engine. At this price, one would assume it was merely a rolling chassis.

RM estimate: 20,000-30,000 EUR

My guess: 45,000 EUR

1970 Lancia Fulvia 1.6HF

Frustratingly, RM Sotheby’s doesn’t list details for their auction lots, limiting perusal to a few photos. This spectacular Fulvia looks to have been tuned a bit beyond the typical historic rally car it is — the modern tires, for example, look a bit out-of-place — but otherwise this front-wheel drive, multi-headlamp beast is stellar.

I want it.

RM estimate: 35,000-40,000 EUR

My guess: 30,000 EUR

1991 Pontiac Trans Sport

Wait, what?

I’m calling this one as a joke. It’s the last car listed in the catalog, likely to close out the day on Sunday. That someone in Italy kept a GM Dustbuster minivan this clean for 25 years is amazing, but I can’t imagine the RM Sotheby’s crowd will deem this worthy of a raised paddle.

RM estimate: 1,500-3,000 EUR

My guess: 400 EUR and/or a wheel of cheese

Last Week’s Results

I had a better week, assuming I can be either 20-percent high or low on the guesses. After all, as long as my name is on the byline, I can make up the rules. Right?

Still, I was about 20-percent high on the E-Type, and 20-percent low on the Samba. It all evens out. Except that last car. Just forget about it completely.

2000 Corbin Sparrow

My guess: $5000

Selling price: $3750

1963 Jaguar E-Type Roadster

My guess: $145,000

Selling price: $115,000

1959 Volkswagen Samba

My guess: $85,000

Selling price: $106,000

2001 Qvale Mangusta

My guess (clearly someone put something in my coffee): $45,000

Selling price: $14,000

Friends, continue to tear into my guesses, but take a look at the other cars offered this weekend. What might look good rolling off a boat and into your garage?

[Images: RM Auctions, Inc.]

Chris Tonn
Chris Tonn

Some enthusiasts say they were born with gasoline in their veins. Chris Tonn, on the other hand, had rust flakes in his eyes nearly since birth. Living in salty Ohio and being hopelessly addicted to vintage British and Japanese steel will do that to you. His work has appeared in eBay Motors, Hagerty, The Truth About Cars, Reader's Digest, AutoGuide, Family Handyman, and Jalopnik. He is a member of the Midwest Automotive Media Association, and he's currently looking for the safety glasses he just set down somewhere.

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  • Spreadsheet monkey Spreadsheet monkey on Nov 25, 2016

    Great choices. I think the Sierra Cosworth will sell for at least 20,000 EUR. If the auction was in the UK and not Italy, it would sell for even more.

    • See 1 previous
    • Corey Lewis Corey Lewis on Nov 28, 2016

      @OldManPants I don't like the color OR the wheels on that Sierra. And the utility lamps someone bolted to the hood don't work either. I'm gonna say 8k EUR.

  • Corey Lewis Corey Lewis on Nov 28, 2016

    I love that Trans Sport, just look at it. Pontiac had such nice wheels, and red was always a preferable color for them. (Though it falls down seven days a week to the original Silhouette.)

  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
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