Home Car News Auction News RM Sotheby’s Achieves $73.5 Million at New York Sale

RM Sotheby’s Achieves $73.5 Million at New York Sale

RM Sotheby’s New York sale which took place on 10 December 2015 realised a staggering $73.5 million in sales. A large percentage of this was down to the 1956 Ferrari 290 MM which went for $28.05 million and the Aston Martin DB4GT Zagato which acheived $14.3 million. In the process, RM Auctions broke a number of records.

RM Sotheby’s managed to sell 81 percent within the two hour 45 minute sale. Buyers came from 18 countries. The top lot was the $28.05 million 1956 Ferrari 290 MM. A car which raced at the 1956 Mille Miglia with Juan Manuel Fangio, acheiving 4th-overall. This was closely followed by the $14.3 million 1962 Aston Martin DB4GT, a car which was originally exported to Austria but had recently returned to Europe.

Third was a 1958 Ferrari 250 GT Cabriolet Series I (Chassis 0791GT) which achieved $5.72 million. Another top lot was the 1933 Pierce-Arrow Silver Arrow (Chassis 2575029) which achieved $3.74, exceeding its top end estimate of £3 million. Two Ferrari’s, a 1953 Ferrari 250 Europa Coupe and a 2003 Ferrari Enzo, achieved $3.3. The later was previously owned by Floyd Mayweather and had travelled little more than 500 miles.

Towards the lower end of the top ten list, a 1972 Lamborghini Miura P400 SV managed $2.4 million, a 1964 Porsche 356 C 1600 SC Cabriolet hit $1.76 million, a stunning 1954 Siata 208S Spider managed $1.65 million and a 1934 Delage D8 S Cabriolet went for $1.43 million.

Among those which failed to sell was the stunning 1938 Bugatti Type 57C Atalante which had been estimated between $2.2 and $2.5 million, a 1959 BMW 507 Roadster Series II and the 2006 Lamborghini Concept S which had been estimated between $2.4 and $3 million. As did a 1955 Ferrari 500 Mondial by Scaglietti and a race prepared 1955 Mercedes-Benz 300 SL ‘Sportabteilung’ Gullwing, both estimated in excess of $5 million.

RM Sotheby’s next auction supports the Arizona Concours d’Elegance and takes place between 28 and 29 January 2016, closely followed by Paris on 02 February 2016. Arizona will feature a 1956 Jaguar D-Type ‘Long Nose’, a 2015 Porsche 918 Spyder and a 1965 Shelby 427 Competition Cobra among others. Paris will feature a 1955 Porsche 550 Spyder as headline lot!

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