RM Auctions held the Classic Muscle & Modern Performance event in San Diego, California on June 19, 2010, resulting in $6.9 million in sales and a 100 percent sell through rate.
Detroit Muscle entries were led by the Corvette marque’s overall solid showing, with the top sale going to the 1969 Chevrolet Corvette L88 that sold for $401,500. Other Corvette highlights include a 1969 Chevrolet Corvette 427/435 Convertible at $231,000 and a 1967 Chevrolet Corvette 427/435 Roadster realizing $214,500. The late-model BMWs and Mercedes-Benz also enjoyed a strong performance.
”Overall, we saw some very strong prices for both select, rare and outstanding muscle cars as well as on the like-showroom-new, late model cars, and it was very encouraging,” Ian Kelleher, President and COO, RM Auctions.
Click for results: Classic Muscle & Modern Performance Auction Results
RM’s busy summer season continues with two of its annual events: the Vintage Motor Cars of Meadow Brook held in conjunction with the Concours d’Elegance of America at Meadow Brook in Rochester, Michigan on July 24; and, the Sports & Classics of Monterey event in California, August 12 – 14, 2010.
For more information, visit www.rmauctions.com.
[Source: RM Auctions]
