AMG Youngtimers at RM Sotheby's Essen April 2019

[bondavi]

Some familiar sights found here:

https://rmsothebys.com/en/home/lots/es1 ... ageSize=40

Credit vdubpower

[vdubpower]

thanks

was gonna post it here too

if u look at the other auctions, they are spreading the youngtimer theme thru out....

would love the experts here to tell us more about these amgs, esp the 126 cars

cheers

[kmukherjee]

Well - I can tell you the pentas on both the 6.9 and td are newer AMG additions. Not sure if the cars were modified right after purchase or sometime after.



BTW- Remember you from JC if your handle is the same on vortex.

[vdubpower]

I am the same on the vortex back in days

What's JC

[weide1]

Naamloos.jpg

This SL 70 has the engine number not fitting to the model. BR 129 have 120.981 or .983 numbers. This .982 comes from a BR 140.
Wonder what went wrong.

[bondavi]

Essen results are in. Todays rate 0.89 Euro = 1 USD.

Interesting how a 5.4 SOHC Gen1 widebody beat out a later 4-cam M117/9 6.0 Gen2 widebody.

Link to results

1975 450SEL 6.9 w/ AMG kit 43k euros
1979 500TE AMG - 143k euros (!!!!)
1984 500SEC 5.4 SOHC widebody 161k euros
1990 560SEC 6.0 M117/9 32V widebody 81k km 149.5k euros
1991 560SEL AMG 6.0 32V 108k km 109k euros
1988 560SEC cabrio 10k miles - 34.5k euros
1989 560SEL 904 blue/red, 22k km 24k euros
1987 560SEC 199 black 28k km 48.3k euros
1990 560SEL limousine - Almandine red, 2200km, 54k euros
1991 560SEC pearl grey 13k km 39k euros
1998 SL70 AMG 32k km 161k euros
1996 S600 AMG 54k km 57.5k euros
1976 450SLC yellow/olive 16.6k euros
1988 560SL 24k km 57.5 euros
1970 300SEL 6.3 40k euros

[Rick_AMG_Freak]

1975 450SEL 6.9 w/ AMG kit 43k euros

Only 43k..

[AMG5PT4]

Sent Henric a text re: wagon result and his reply "Wow"

[AMG5PT4]

The widebody with the 6.0 had the M117/119 hybrid engine. I guess the market prefers the straight M117. The Gen I 1984 WB 5.4 that beat the M117/M119 is a SOHC (and proudly wearing valve cover stickers made by me and Henric!).

[Rick_AMG_Freak]

Maybe because 1st gen 5,4 SOHC/DOHC were produced less than 6,0 DOHC?
Curious what Henric thoughts now: "Honey, I told you to wait with selling!"

[Peter72]

I followed the auction for the 500 TE... I had hoped for a lower price

In addition to the fees for the sale, if the car is for instance imported to the European Union there are further import duties to be paid ... all the cars from the youngtimers collection were in Switzerland. Quite an uplift from the hammer price in total. I have experienced it myself

[AMG5PT4]

Peter, what are the rules regarding import duties? If a car was originally a Euro car and is brought back to the EU, are import duties still applied to the sale price?

[Rick_AMG_Freak]

Generally no ("preferential origin of goods" or sth like that), but it depends of custom officers in different countries. For example in Banana Republic of Poland they don't care about it and you need to go to court. You will always win, but lost time is yours...

[AMG5PT4]

“Banana Republic”, lol.

Just curious, both of my AMG s were originally purchased in the EU.

Thanks

[AMG5PT4]

Quote regarding the RM Essen auction:

The bidding competition continued Friday, when perhaps the most highly anticipated lot of the Collection, a 1979 Mercedes-Benz 500 TE AMG, saw more than ten bidders raising their paddles for the pre-merger wagon, which eventually exceeded all expectations and made an astonishing €143.750, more than doubling pre-sale estimate of €60/70k and establishing a world record price for the model. Similarly, a 1984 Mercedes-Benz 500 SEC AMG 5.4 ‘Wide-Body’ also ignited a bidding battle, bringing a final €161.000, and far exceeding pre-sale expectations and establishing a new world record.

https://rmsothebys.com/en/auctions/es19

Henric should be proud for finding, saving and restoring this car to such a high level to garner this much attention and accolades.

[Peter72]

Peter, what are the rules regarding import duties? If a car was originally a Euro car and is brought back to the EU, are import duties still applied to the sale price?

Al, unfortunately yes. Import duties and VAT ! I have experienced it: Japan car imported to the UK (all fees paid), when went to Switzerland, and back to France. VAT is payable in France. IF the customs specialist doing the import is clever, it could be possible to retrieve the UK duties payment and avoid French customs duties (10%). VAT is 20% here.
So for instance the 560 SEC AMG 6.0 sold at RM in Paris for 300.000€ (or the 500 TE ...): add 30% if it stays in France or EU....Ouch !

[AMG5PT4]

That is ridiculously punitive. Especially on older collector cars. Sellers from outside the EU get less payout on their consigned cars because bidders have to factor in the heavy tax burden to their bidding.

[Peter72]

There may be actually a reduced rate somewhere for old-timers. But still some money ...

[48hp]

Essen results are in. Todays rate 0.89 Euro = 1 USD.

Interesting how a 5.4 SOHC Gen1 widebody beat out a later 4-cam M117/9 6.0 Gen2 widebody.

Link to results

1975 450SEL 6.9 w/ AMG kit 43k euros
1979 500TE AMG - 143k euros (!!!!)
1984 500SEC 5.4 SOHC widebody 161k euros
1990 560SEC 6.0 M117/9 32V widebody 81k km 149.5k euros
1991 560SEL AMG 6.0 32V 108k km 109k euros
1988 560SEC cabrio 10k miles - 34.5k euros
1989 560SEL 904 blue/red, 22k km 24k euros
1987 560SEC 199 black 28k km 48.3k euros
1990 560SEL limousine - Almandine red, 2200km, 54k euros
1991 560SEC pearl grey 13k km 39k euros
1998 SL70 AMG 32k km 161k euros
1996 S600 AMG 54k km 57.5k euros
1976 450SLC yellow/olive 16.6k euros
1988 560SL 24k km 57.5 euros
1970 300SEL 6.3 40k euros

2019 pre-merger AMG auction results.
^bump ^