The recent Artcurial classic car sale in Monaco featured some very high prices for cars often available for less money here in the UK. A good example was this 1997 R129 Mercedes 500 SL roadster.
Chassis no. WDB1290671F160464 was offered in Monaco with 69,300 kms on the clock. From the private collection of a Mercedes dealer, the car was Italian registered and had three owners from new. It was presented in beautiful condition with rare dark metallic blue paint over matching leather trim. As a facelift R129, it had the five-speed transmission and also benefitted from some repair work to the electrical system.
Coming with full history and the body-coloured detachable hard top roof, this beautiful Mercedes 500 SL was estimated at €25-35,000 and offered without reserve. It sold pretty much in the middle of that at just under €31,000.
Does this mean that all UK RHD 500SLs with under 70,000 kilometres on the clock are now worth €31,000 for insurance purposes? No. This car sold for what it sold for in front of a particular audience. It is a good example of what is possible for the model when presented to the right people at the right tme and place and a bit of bidding competiion takes place.
Prices for UK RHD cars have been rising steadily since I bought my Malachite Green 1993 R129 Mercedes 500 SL in 2014, but it will take a while longer before UK cars get to €31k in this condition.