RM Auctions Realizes $36.4 Million At Single-Day Arizona Biltmore Sale
AddThis Social Bookmark Button
By: RM Auction

RM Auctions Realizes $36.4 Million At Single-Day Arizona Biltmore Sale  • RM generates more than $36.4 million in sales with 89 percent of all lots sold at its 14th annual Arizona sale

• Single-day sale features selective, handpicked offering of blue-chip automobiles, eclipses 2012 Arizona sale tally by more than 42 percent

• Eight automobiles achieve million-dollar plus results with multiple new auction records set

• Top-seller: 1960 Ferrari 250 GT SWB Berlinetta 'Competizione' sells for record $8,140,000

• RM continues its 2013 auction calendar with the presentation of the Bruce Weiner Microcar Museum and a return to Amelia Island, Florida

PHOENIX, Arizona (January 19, 2013) – RM Auctions, the world's largest collector car auction house for investment-quality automobiles, kicked off its 2013 auction season on a strong note yesterday, realizing an impressive $36.4 million in sales* with a strong 89 percent of all lots sold at its single-day Phoenix, Arizona sale.

RM Auctions Realizes $36.4 Million At Single-Day Arizona Biltmore Sale  

Held at the prestigious Arizona Biltmore Resort & Spa, the impressive results represent an all-time high for the international auction house in Arizona, and more significantly, a more than 42 percent increase over the Company's 2012 sale, generated no less by a smaller, more elite offering as RM continued to focus on the top tier of the market.

Headlined by the record-setting sale of the 1960 Ferrari 250 GT SWB Berlinetta 'Competizione', as many as eight automobiles achieved million-dollar-plus results, with numerous new auction records set. Reflecting RM's international clientele, bidders hailed from 17 countries around the world, with a strong showing of European enthusiasts as well as collectors from as far afield as Brazil, Argentina and Australia.

'Our fourteenth foray into Arizona this year was as exciting as ever – our clients from around the world were joined by our equally international team of specialists, from California to the UK and it made for a spectacular, history-making event,' says Shelby Myers, Managing Director, RM Auctions – California.

'We are very pleased with the results. We strategically limited our sale this year to a smaller, more exclusive offering than previous years, yet the sales tally for our single-day event was up on our 2012 total by more than 42 percent, a significant increase that reflects not only the exceptional quality of the automobiles presented, but also illustrates the continued strength of the market for 'best of category' examples. The Arizona auction week is widely regarded as a barometer for the new collector car season; the results from our Biltmore sale paint a very positive forecast for 2013 and we look forward to continuing the momentum at our upcoming sales in Georgia and Florida,' adds Myers.

Top sales honors at the January 18 auction went to the sale's catalogue cover car - the alloy-bodied 1960 Ferrari 250 GT SWB Berlinetta 'Competizione', chassis 1905 GT. Widely revered by collectors as one of Ferrari's most prized berlinettas, 1905 GT spurred a fierce bidding war between multiple collectors in the room and on the phones, eventually selling to its fifth owner for a remarkable $8,140,000. The outstanding sales price represents a new world record for a Ferrari 250 GT SWB Berlinetta sold at auction. Continuing RM's strong track record for Ferraris in Arizona, the single-day auction presented no less than 11 examples from the famed Italian marque. Among a long list of additional highlights were a truly stunning, Ferrari Classiche certified 1967 Ferrari 275 GTB/4 for $1,842,500 and a magnificently restored, concours-quality 1954 Ferrari 250 Europa Coupe for $1,017,500.

American-built automobiles also attracted strong attention at RM's Arizona sale. Headlining this group was a genuine and fully documented 1967 Shelby 427 'Semi-Competition' Cobra, one of just 29 S/C Cobras built, which well-exceeded its pre-sale estimate to garner a final sales price of $2,007,500. A 1931 Duesenberg Model J Derham Tourster, offered for the first time in more than 40 years, was also hotly contested, realizing a strong $1,320,000.

RM Arizona: Million-Dollar-Plus Sales:

1. Lot 164: 1960 Ferrari 250 GT SWB Berlinetta 'Competizione' - $8,140,000

2. Lot 122: 1967 Shelby 427 'Semi-Competition' Cobra - $2,007,500

3. Lot 145: 1967 Ferrari 275 GTB/4 - $1,842,500

4. Lot 125: 1938 Delahaye 135 MS Coupe - $1,540,000

5. Lot 152: 1966 Ferrari 275 GTB - $1,320,000

6. Lot 167: 2003 Ferrari Enzo - $1,320,000

7. Lot 141: 1931 Duesenberg Model J Derham Tourster - $1,320,000

8. Lot 133: 1954 Ferrari 250 Europa Coupe - $1,017,500

Beyond the group of million-dollar-plus sales, other highlights included a rare 1953 Allard JR 'Le Mans' Roadster, one of just seven built, for $605,000 - a world record for an Allard sold at auction, and a stunning 1955 Lancia Aurelia B24S America Spider, arguably the most desirable post-war Lancia, for $825,000 - a world record for a Lancia Aurelia B24S sold at auction. Full results from the Arizona sale will be posted online at rmauctions.com.

RM Auctions continues its 2013 calendar of events, February 15-16 with the highly anticipated presentation of the Bruce Weiner Microcar Museum, the world's largest collection of the world's smallest cars, in Madison, Georgia (www.handlewithfun.com), closely followed by its annual Amelia Island, Florida sale, March 9, held in conjunction with the renowned Amelia Island Concours d'Elegance.

About RM Auctions

RM Auctions is the world's largest auction house for investment-quality automobiles. With over three decades of experience in the collector car industry, RM's vertically integrated range of services, from restoration to private treaty sales, auctions, estate planning, and financial services, coupled with an expert team of car specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM proudly holds five of the top 10 all-time records for the most expensive motor cars sold at auction. RM's restoration division has achieved unprecedented accolades earning 'Best of Show' honors at the world's top concours events, including four wins at the prestigious Pebble Beach Concours d'Elegance. For further information, visit rmauctions.com, find us on Facebook, or follow us on Twitter @rmauctions.

*Results are listed in USD and inclusive of 10 percent buyer's premium

Photo credit: RM Auction
posted on conceptcarz.com

   Recent Articles
Mazda Raceway Laguna Seca 60th Anniversary & Retrospective – The Early Beginnings

MONTEREY, Calif., February 22, 2017 — The rich and storied history of then-named Laguna Seca Raceway officially began November 9, 1957 with the inaugural race called the Eighth Annual Pebble Beach Road Races. This was a continuation of the racing through the forest at nearby Pebble Beach that began in 1950 and ended six years later.

But the story of how the track was designed and built in record time is an oft-forgotten story. Over the coming months to celebrate the 60th anniversary o....
Royal Camaro's Golden Anniversary At Amelia Island Concours

GM brass wasn't enthusiastic about adding a sixth model to Chevrolet's 1967 model lineup . . . until they saw the prototype. It was a knockout. The new Chevy, codenamed Panther, began to appear in the automotive business journals and enthusiast publications more than a half-century ago.

Anything General Motors did was big news in those days. In the wake of Ford's Mustang a new addition to a class of one, especially from the world's biggest and most powerful auto maker, was seismic news.

....
Royal Cadillac Limousine 'Duchess' Stars At Amelia Concours

Edward VIII's unique Cadillac limousinewill take center stage at the 22ndannual Amelia Island Concours d'Elegance.Royal tradition holds that the British Sovereign's car is a Daimler, but the man who abdicated the throne of England in 1936 for the love of an American girl became a Cadillac man in 1941.

King Edward VIII gave up his throne for American Wallis Simpson and nearly caused a constitutional crisis. He became the Duke of Windsor, she the Duchess, and they took up residence i....
Remarkably Pure Ferrari 166 MM Completes RM Sotheby's Stellar Offering at Amelia Island

• RM Sotheby's rounds out superlative Amelia Island catalogue with an exceptionally pure 1950 Ferrari 166 MM Barchetta
• A two-time Mille Miglia entrant, chassis 0058 M is the latest in a series of multi-million-dollar entries confirmed for RM Sotheby's 10-11 March sale
• The official auction of the Amelia Island Concours d'Elegance, RM's two-day Amelia Island event also shines spotlight on 'A Gentleman's Collection: The Pride and Passion of Orin Smith', to be offered largely without reserve,....
Porsche 4-Cylinder Giant Killers Star At 22nd Amelia Concours

Six decades ago Porsche's Ernst Fuhrmann designed an engine and created a legend.

Porsche's landmarkfour-cam four-cylinder racing cars of the 1950 and 1960s will star in a special competition class at the 22nd annual Amelia Island Concours d'Elegance on March 12, 2017.

An unparalleled collection of Porsche 550 Spyders, 718, RSK, RS60 sports racing cars -- all powered by Fuhrmann's extraordinary four-cylinder engine -- will gather at The Amelia for a much different competition th....
Amelia 2017: Homecoming For An Italian World Champion

A World Championship endurance racer will make its international concours debut at the 22nd annual Amelia Island Concours d'Elegance on Sunday March 12, 2017.That championship quest began in Florida 36 years ago.

The 24 Hours of Daytona -- the Rolex 24 -- is a harsh and unforgiving place to begin a World Championship quest. Points earned here are hard won during Daytona's long night and sometimes freezing temperatures. There were no points at Daytona in 1981 after the Martini-liveried Lancia....
2016 Aston Martin Vanquish Zagato Volante
2016 Aston Martin Vanquish Zagato Volante  2016 Aston Martin Vanquish Zagato Volante  2016 Aston Martin Vanquish Zagato Volante  2016 Aston Martin Vanquish Zagato Volante  2016 Aston Martin Vanquish Zagato Volante  
2016 Bentley Continental GT V8 S Monster by Mulliner
2016 Bentley Continental GT V8 S Monster by Mulliner  2016 Bentley Continental GT V8 S Monster by Mulliner  2016 Bentley Continental GT V8 S Monster by Mulliner  
2016 BMW 2002 Hommage Pebble Beach Concept
2016 BMW 2002 Hommage Pebble Beach Concept  2016 BMW 2002 Hommage Pebble Beach Concept  2016 BMW 2002 Hommage Pebble Beach Concept  2016 BMW 2002 Hommage Pebble Beach Concept  2016 BMW 2002 Hommage Pebble Beach Concept  
2016 Cadillac Escala Concept
2016 Cadillac Escala Concept  2016 Cadillac Escala Concept  2016 Cadillac Escala Concept  2016 Cadillac Escala Concept  2016 Cadillac Escala Concept  
2016 Ferrari LaFerrari
2016 Ferrari LaFerrari  2016 Ferrari LaFerrari  2016 Ferrari LaFerrari  2016 Ferrari LaFerrari  2016 Ferrari LaFerrari  
2016 Icona Vulcano Titanium
2016 Icona Vulcano Titanium  2016 Icona Vulcano Titanium  2016 Icona Vulcano Titanium  2016 Icona Vulcano Titanium  
2016 Infiniti Q70 Premium Select Edition
2016 Infiniti Q70 Premium Select Edition  2016 Infiniti Q70 Premium Select Edition  2016 Infiniti Q70 Premium Select Edition  2016 Infiniti Q70 Premium Select Edition  2016 Infiniti Q70 Premium Select Edition  
2016 Lexus GS 200t
2016 Lexus GS 200t  2016 Lexus GS 200t  2016 Lexus GS 200t  2016 Lexus GS 200t  2016 Lexus GS 200t  
2016 Lexus LX 570
2016 Lexus LX 570  2016 Lexus LX 570  2016 Lexus LX 570  2016 Lexus LX 570  2016 Lexus LX 570  
2016 Lister Knobbly Stirling Moss Edition
2016 Lister Knobbly Stirling Moss Edition  2016 Lister Knobbly Stirling Moss Edition  2016 Lister Knobbly Stirling Moss Edition  2016 Lister Knobbly Stirling Moss Edition  2016 Lister Knobbly Stirling Moss Edition