Classic Cars See Third-Party Guarantees

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RM Auctions 1953 Jaguar C-Type 13.2m USD
RM Auctions 1953 Jaguar C-Type 13.2m USD
Kenny Schachter provides a bit of news buried inside his Artnet column. There he reveals that third-party auction guarantees have come to the classic car market via the ever-savvy Adam Lindemann who may have become:
in all probability the first to have guaranteed a vehicle at public auction in August of this year: a 1953 Jaguar C-Type Works Lightweight in the RM Sotheby’s auction in Monterey that sold for $13,200,00.