Expertly Curated Porsches Fetch $30.5 Million and Break Porsche Sale Records

Modern Porsches shatter expectations and prove market vitality: One-of-one 2015 Porsche 918 ‘Weissach’ Spyder sets new benchmark by doubling previous world record with $3.9M sale

• The White Collection auction realizes $30,505,620 in total sales
• The auction saw nearly 1,000 bidders from over 35 countries around the globe, including strong participation from the Asian and Middle Eastern markets, with 55% being first-time bidders with RM Sotheby’s
• The 2015 Porsche 918 ‘Weissach’ Spyder was the top-selling lot of the auction as it smashed its previous record by nearly $2 million and sold for $3,937,500
• Other notable sales include the 2016 Porsche 911 R for a record-breaking $1,105,000 and the 2019 Porsche 911 GT2 RS ‘Weissach’ for $1,006,000, breaking the previous record of $753,000
• Memorabilia lots sold for over $1 million
• All results can be viewed here

BLENHEIM, ONTARIO, CANADA – December 6, 2023 – (Motor Sports NewsWire) – The Porsche market maintained its robust momentum this past weekend with RM Sotheby’s sale of The White Collection, a hotly anticipated auction of the renowned collection of rare Porsche models mostly adorned in stunning shades of white. Bidders hailed from around the globe, with the final sales total numbering over $30 million.

Demonstrating that the market for pristine modern sports cars is far from slowing down, the specially specced late-model examples on offer captivated buyers. With nearly 1,000 registered bidders at the time of the sale, it was a strong indicator of the mass appeal of modern Porsches, especially those with significant originality, low mileage, and pedigree, which fetched record-breaking results. The sale featured everything from Porsche luggage, signs, and posters to the cars themselves, with each item commanding incredible prices across the board.

“The White Collection sale captured the world’s attention with its exclusive Porsches and memorabilia, curated with a level of detail and perfection we rarely see. We always knew these cars would do well, but the results were incredible, indicating market robustness. Late-model sports cars, especially Porsches, are in high demand, with record-breaking sales like the 918 Spyder, which doubled its previous record. The prices realized set benchmarks that will follow these cars and similar models for life. There will always be a place for live auctions in this industry, and I don’t think any other auction company, online or in person, could have achieved these results—and I am incredibly proud of the entire team. Its reveal was a landmark event, and now, these iconic cars are cherished worldwide, marking a special moment for us and Porsche enthusiasts,” said Gord Duff, Global Head of Auctions.

The crown jewel of the collection, the 2015 Porsche 918 ‘Weissach’ Spyder shattered expectations and sold for $3,937,500, selling for nearly $1M over its high estimate and exceeding the previous record for the model by nearly $2M. Also noteworthy to mention was the sale of the 1997 Porsche 911 GT2, going under the hammer in the stunning shade of Glacier White over extended black leather upholstery to sell for $2,397,500, the 2016 Porsche 911 R, having covered just 19.7 miles, sold for $1,105,000, while the most powerful road-going 911 ever produced, the 2019 Porsche 911 GT2 RS ‘Weissach’, sold for $1,006,000—all selling well over their pre-auction estimates.

These cars are renowned not only for their connection to this exclusive collection but for their distinct and irreplaceable attributes: they are among the rarest and most unique one-of-one models ever created. Future Porsches might emulate their rarity and appeal, but the unique legacy and unmatched characteristics of these models remain a benchmark in the annals of automotive history, never to be replicated.

Additional Records Broken

1994 Porsche 911 Turbo S X85 ‘Flat-Nose’ sold for $1,462,500 with a previous record of $1,325,000

1996 Porsche 911 Carrera RS sold for $555,000 with a previous record of $533,000

Important Numbers

Collection Total: $30,505,620

Memorabilia Total: $1,085,700

Car Total: $29,419,920

Number of Bidders: 945

Percentage of New Bidders: 55%

Number of Buyers: 190

Sell-Through Rate: 99.82%

Top Five Automotive Lots:

1. 2015 Porsche 918 ‘Weissach’ Spyder sold for $3,937,500

2. 1997 Porsche 911 GT2 sold for $2,397,500

3. 1993 Porsche 911 Carrera RSR 3.8 sold for $2,073,000

4. 1973 Porsche 911 Carrera RS 2.7 Lightweight sold for $1,875,000

5. 1994 Porsche 911 Turbo S X85 ‘Flat-Nose’ sold for $1,462,500

Top Five Memorabilia Lots:

1. Kusch+Co Series 8080 ‘918 Spyder Edition’ Lounge Set by Porsche Design Studiosold for $81,000

2. Porsche Dealership Outdoor Hanging Illuminated Sign sold for $63,600

3. Porsche 936 Junior sold for $48,000

4. Porsche 911 Carrera Cabriolet Junior sold for $36,000

5. Porsche 911 Carrera Cabriolet Junior sold for $33,000

View all results HERE.

FOR MORE NEWS FROM RM SOTHEBY’S: #RMSothebys

Visit: rmsothebys.com
Instagram
Twitter
Facebook
YouTube

About RM Sotheby’s

RM Sotheby’s is the world’s largest collector car auction house by total sales. With over 40 years of proven results in the collector car industry, RM’s vertically integrated range of services, from auctions (live and online) and private sales to estate planning and financial services, coupled with an expert team of Car Specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby’s is currently responsible for seven of the top ten most valuable motor cars ever sold at auction.

Source: RM Sotheby’s

####