RM Auctions held its 15th annual Amelia Island sale last Saturday, Mar. 9, 2013, with…
RM Auctions’ Amelia Island results
RM Auctions followed up its successful sale of the Milhous Collection with its 14th annual collector car auction at the Ritz-Carlton in Amelia Island, Fla., March 10, 2012. Results were slightly lower than last year, but still reflective of a healthy market. In all, 101 of 115 automotive lots sold for an 88% sell-through rate and a $22m total. This compares to $24m sold last year, and $19m sold in 2010.
The top sale was a stunning 1929 Cord L-29 coupe that sported a one-off design by Count Alexis de Sakhnoffsky. With known history from new and a gorgeously sleek body, the car earned $2.42m. The second highest sale went to one of four 1956 Ferrari 250 GT coupes produced in the style of a 410 Superamerica by Pinin Farina. This car was certified by Ferrari Classiche and had won numerous awards during its history, which added up to a price of $1.43m. Two cars tied for the third spot at $1.21m: a beautiful 1965 Aston Martin DB5 Vantage Volante, and an equally lovely 1972 Ferrari 365 GTS/4 Daytona Spyder. The top five automotive lots were:
- 1929 Cord L-29 “Hayes” coupe sold for $2.42m
- 1956 Ferrari 250 GT Speciale coupe sold for $1.43m
- 1965 Aston Martin DB5 Vantage Volante sold for $1.21m
- 1972 Ferrari 365 GTS/4 Daytona Spyder sold for $1.21m
- 1967 Ferrari 275 GTB/4 coupe sold for $1.1m
RM’s next sale will be held in Monaco on May 11-12, 2012. Notable consignments for that sale include the Saltarelli Collection of Ducati motorcycles, a 1968 Alfa Romeo Tip 33/2 “Daytona” that won Imola, and a 1948 Ferrari 166 Spyder Corsa that is the sixth competition Ferrari ever built.
Brian Rabold is the managing editor of Hagerty Price Guide.