RM's Aalholm Collection Sale Attracts Record Crowds, Achieves in Excess of €10 Million Company press release.
RM Auctions, the world's largest collector car auction house, continued its busy summer calendar of events on the weekend, posting a spectacular €10.2 million with 100 percent of all lots sold at its Aalholm Automobil Museum sale in Denmark.
Attracting unprecedented interest from around the world, thousands of enthusiasts descended on the historic Aalholm Automobil Museum on the southern Danish island of Lolland for the single-day sale to secure a piece of Danish history. In total, the five-hour auction presented 181 lots before an enthusiastic packed house, with multiple bidding wars erupting throughout the day between bidders in the room, on the phones and over the Internet. Reflecting the strong international interest in the sale, bidders represented 34 countries from around the world, with bids coming in from as far afield as Russia, Japan, Malaysia and the United States. Significantly, Denmark represented in excess of 30 percent of registered bidders, demonstrating fierce national interest in the Aalholm Collection.
'We have been absolutely stunned by the interest that the Aalholm auction has attracted and on auction day we witnessed a three kilometre traffic queue simply to gain access to the sale!' says Max Girardo, Managing Director, RM Europe. 'For us to have achieved in excess of €10 million is an absolutely thrilling result, and is testament to the endearing appeal and reputation of the Aalholm Museum collection.'
The wonderful and very rare 1938 Maybach Zeppelin DS8 Roadster was the star performing lot of the auction, topping €1.3 million, after a fierce bidding battle in the room. Hotly contested, the hammer eventually fell at over 10 times the pre-sale estimate. Another car worthy of particular note and far exceeding expectations was the iconic 1911 Rolls-Royce 40/50 HP Silver Ghost Roi Des Belges Tourer, in many respects the best-known car within the Aalholm Museum. This magnificent early Rolls-Royce had many admirers, garnering a very strong €708,008, almost tripling its expected price. Original Bugattis always attract discerning international collectors and the very original 1938 Bugatti Type 57C Stelvio Drophead Coupé offered in the auction was no exception. After another spirited bidding war, the car sold for a remarkable €542,304.
The collection was also notable for a number of very early brass-era veteran cars from the late-1800s and early-1900s. This group was headlined at the sale by a 1903 Renault 10 CV Limousine which achieved an impressive €180,768, well-surpassing expectations.
RM's Aalholm Automobile Collection Top 5 sales:
1. 1938 Maybach Zeppelin DS8 Roadster - €1,370,824
2. 1911 Rolls-Royce 40/50 HP Silver Ghost Roi Des Belges Tourer - €708,008
3. 1938 Bugatti Type 57C Stelvio Drophead Coupé - €542,304
4. 1932 Hispano-Suiza HS26 Three-Position Drophead Coupé - €361,536
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5. 1934 Mercedes-Benz 500K Spezial Roadster Replica - €301,280
RM continues its busy summer calendar of events this weekend (17-18 August) in Monterey, California, featuring an exceptional roster of 120 blue-chip automobiles. RM's next European sale will be held 31 October in London, England.
For further information on upcoming events or to view full results from the Aalholm Collection sale, visit www.rmauctions.com.
Image credits: Scott Fluid Images © courtesy RM Auctions