Home Car News RM Sotheby’s Records $62.8 Million in Sales at Arizona Auctions

RM Sotheby’s Records $62.8 Million in Sales at Arizona Auctions

RM Sotheby’s has recorded over $60 million in sales during their latest Arizona round of auctions in Phoenix.

The RM Sotheby’s auction in Arizona played host to some of the rarest and most exotic cars on the planet, including a brand new Porsche 918 Spyder, a 1937 Mercedes-Benz 540 K Special Roadster and an original 1965 Shelby 427 Competition Cobra.

The highest selling vehicle was the aforementioned 1937 Mercedes-Benz 540 K Special Roadster which had a final hammer price of $9,900,000. The second highest selling vehicle was a 1929 Duesenberg Model J Disappearing Top Torpedo Convertible Coupe by Murphy which sold for an even $3,000,000. Third place went to the original 1965 Shelby 427 Competition Cobra which sold for just over $2 million at a final hammer price of $2,255,000.

The remaining vehicles included a 1965 Ferrari 275 GTB by Scaglietti which sold for $2,117,500. A 1971 Lamborghini Miura P400 SV by Bertone took fifth spot overall with a final sale price of $2,000,000. Sixth place went to a 1965 Ferrari 275 GTS by Pininfarina for $1,760,000 followed closely by another Ferrari, a 1960 Ferrari 250 GT Cabriolet Series II by Pininfarina for $1,650,000.

Eigth spot was taken by a Porsche 918 Spyder which had a final hammer price of $1,595,000. Ninth place was a 1962 Maserati 5000 GT Coupe by Allemano for $1,540,000. Tenth and final place goes to a 1953 Cadillac Series 62 Coupe by Ghia that sold for an impressive $1,430,000.

RM’s Arizona sale also set the record for the most expensive car ever sold during Arizona auction week. In total over 85% of all lots were sold and bidders from over 20 countries participated in the auction.

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