AUCTIONS REALIZES SPECTACULAR $36.4 MILLION AT SINGLE-DAY ARIZONA
· 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
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.
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’ -
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.
*Results are listed in USD and inclusive of 10 percent buyer’s premium
**Photo caption: The record-setting 1960 Ferrari 250 GT SWB Berlinetta
‘Competizione’ (credit – Eugene Robertson © 2013, courtesy RM Auctions)