Ferraris Lead the Way to RM's $25.5 Million Arizona Sale
By: RM Auctions
By: RM Auctions
| RM Auctions kicked off its 2012 calendar on a positive note in Arizona last week, posting over $25.5 million* in sales with a strong 89 percent sell-through at its annual Arizona Biltmore sale in Phoenix.
Now in its 13th year, the well-established auction presented a magnificent roster of 140 blue-chip motor cars – spanning the spectrum of the collector car market – before a standing-room only crowd. Illustrating RM's global clientele, bidders represented 21 countries around the world, with a strong showing of European enthusiasts.
'Our Arizona sale proved to be a great kick start to what is shaping up as another terrific auction year. We are very pleased with the results of the sale and were delighted to welcome the world's premiere collectors back to the Arizona Biltmore,' said Rob Myers, Chairman & Founder, RM Auctions.
'The results speak for themselves, once again proving that great automobiles, rare, correct examples with documented provenance, consistently attract great prices at auction as collectors continue to seek out the best examples for their collections. We look forward to continuing the momentum at our upcoming Milhous Collection and Amelia Island sales.'
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