Credit Suisse Sponsors The New Classic Car Auction Yearbook

Filed under: Classic News |
For the seventh consecutive year Credit Suisse is sponsoring the annual edition of Historica Selecta’s acclaimed Classic Car Auction Yearbook. 1101646_Yearbook vertical_0062_HalfCompiled by classic car authorities Adolfo Orsi Jr. and Raffaele Gazzi, the Classic Car Auction Yearbook remains the leading and the only combined source of annual international collector car market sales, with the latest release being published now in its 20th edition. The new Classic Car Auction Yearbook 2014-2015 provides knowledgeable insights into the classic car auction season from September 1, 2014 until August 31, 2015. It reports on a remarkable season of sales that exceeded one billion dollars for the second year in a row and one billion euros for the first time in history. The Yearbook also provides a valuable insight into the sales rate of 78% achieved this season – the highest ever recorded by Historica Selecta. “The overall strength and stability of the market was confirmed this past season by the percentage of sales achieved among the listings we feature, which at 78% is the highest figure we’ve seen in the past 22 years,” says Adolfo Orsi Jr., historian, specialist, co-author, and president of Historica Selecta based in Modena, Italy. “In reviewing the greater trends and data, we continue to see Ferrari lead the market with 34% of total turnover and the US marketplace remain as the most active, responsible for 66% of total international sales. Younger collectors have entered the game and therefore ‘younger’ classics are rising in value with increased demand, and we elaborate on this in the new 2014-2015 edition.” Karsten Le Blanc, Head of UHNWI Clients at Credit Suisse UK, and a collector and racer himself, said: “The Classic Car Auction Yearbook is the most comprehensive and authoritative reference guide for classic car values and a true bible for enthusiasts. Every year we are impressed by the level of effort, know-how and dedication Adolfo and his team put in to this widely anticipated publication. We’d like to thank them for creating such a great masterpiece, which we feel is invaluable to the classic car market.” This year, Historica Selecta also launched a new award to honor the auction house with the top-selling lot of the season. At the official unveiling of the Yearbook 2014-2015 in Padua, Italy, Artcurial Motorcars received this new award for a 1961 Ferrari 250 GT Spyder California SWB offered in February 2015 as part of the Roger and Jacques Baillon Collection, which sold for USD 18,644,874.  Tags:,