Porsche 911 Carrera 2.7 RS fails to break world record

Among the wealth of Italian exotica on offer at RM Sotheby’s sale at Villa Erba last week, a 1973 Porsche 911 Carrera RS – one of 200 cars that left Zuffenhausen in M471 ‘Lightweight’ specification – looked to steal the limelight and set a new world record for this iconic Rennsport.

Last March, at Gooding & Co’s Amelia Island auction, a blue-on-white 2.7 RS Lightweight achieved $1,402,500, equivalent to £847,200 at the time of sale, making it the most expensive ’73 RS ever sold.

Since then, a number of M471 Lightweight cars have gone under the hammer but none have come close to setting a new record (despite a few earlier this year heading to auction with £1,000,000+ estimates).

Credit: Tim Scott ©2015 Courtesy of RM Sotheby's
Credit: Tim Scott ©2015 Courtesy of RM Sotheby’s
Total 911 says…

In recent months, the astronomic price rises of early Porsche 911s seems to have slowed. However, rather than a signal that the market is about to crash, this plateau is more likely a period of re-evaluation. A new turbocharged Porsche 911 is due in September and, if a four-cylinder version also arrives, we’d expect classic values to rise again.

Unfortunately for RM, the red-on-white 911 Carrera 2.7 RS at this year’s Villa Erba sale, while managing to break through the €1,000,000 barrier, still fell over £100,000 short of last year’s record-setting total, realising €1,008,000, which (with current exchange rates) equates to £724,300.

Elsewhere at Villa Erba, a 1973 Porsche 911S Targa achieved €190,400 (£136,800), some way short of the £195,500 realised by a similar car last year at Silverstone Auction’s Salon Privé sale.

Over in Belgium, Bonhams saw their Porsche 964 Carrera RS sell for €224,250 (£159,755) including premiums at the Spa Classic sale and a 3.2 Carrera Targa, previously used by the Dutch police force, achieved €120,750 (£86,022).

For all the latest Porsche 911 auction news, make sure to bookmark Total911.com now.

Credit: Tom Wood ©2015 Courtesy of RM Sotheby's
Credit: Tom Wood ©2015 Courtesy of RM Sotheby’s

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