The word on the street: RM Sotheby’s 1984 Lamborghini Countach 5000S would never make the top end of its estimate. After researching the car and the model’s sales history, after contemplating GenX’s hard-on for the model and checking my gut, I begged to differ.
“Great model, color and collector miles – it will set the bar for on-market examples,” I posted on August eighth. “I say it does $900K’ish. I wouldn’t be shocked if it hammers for $1.1m.”
Just before the sale, one of my guys called with a warning. “Tony, the car needs love. It has some issues.” “I might adjust,” I replied.
And then changed my mind about changing my mind. “Nah. I’m sticking with my number.” In 2014, an auction house pushed a Series 1 Lamborghini Countach by hand onto the stage – and it still did seven figures.
I figured the white ’84 would hit my number. And so it did: $960k without fees, $1,061,000 with.
You can read more about where the Countach market is headed in the post The Lamborghini Countach GOAT. I predict the downdraft Countach and the S1 Lowbody will be $2m by 2025. That’s my story and I’m sticking with it.
