RM sells the final 300 SL ‘Gullwing’ for $2.4m in Las Vegas

At a star-studded charity event held on the eve of the Las Vegas Grand Prix, RM Sotheby’s sold the last-ever ‘Gullwing’ built for $2,400,000.

Billed as “The Last One”, chassis 198.040.7500079 was completed on 15 May 1957 as an ‘exhibition model’. Other than its rear axle, which has slight issues over numbering, all other components match. It was estimated at $2.5m to $3.5m. Ironically, for the very last example of one of its most iconic models, Mercedes in its wisdom chose a popular colour of the day, Fire Engine Red – the kiss of death in today’s market.

As it was a charity auction, no buyer’s premium applies.

The other cars sold on the night:

* 1994 Porsche 911 Reimagined by Singer "Highlands Commission" (est. $1.25m to $1.5m) $1,225,000
* 2005 Porsche Carrera GT (est. $2m to $2.5m) $2,025,000
* 2015 Porsche 918 'Weissach' Spyder (est. $3m to $3.5m) $2,690,000
* 2006 McLaren-Mercedes MP4-21 Formula 1 (est. $2.8m to $3.5m) $2,500,000

RM Sotheby’s in Las Vegas  22 November 2024 – results (2023)

Total gross cars: $10,840,000 ($52,741,500)
Number of cars not sold: 0 (5)
Number of cars withdrawn: 0 (0)
Total number of cars: 5 (32)
Number sold: 5 (27)
Percentage cars sold by number: 100% (84%)
Percentage by value average low/high estimate: 83% (63%)
Percentage of cars sold below low estimate: 80% (81%)
Percentage of cars sold not met avge of estimates: 100% (93%)
Percentage of cars sold met/exceeded top estimate: 0% (7%)
Average value of cars sold: $2,168,000 ($1,953,389)
Average year of cars offered: 1995 (2003)
Percentage of cars offered at No Reserve: 100% (75%)

Photo by RM Sotheby’s