RM Auctions, Ritz-Carlton, Amelia Island, Florida, March 10, 2012
Report and photos by Rick Carey, Auction Editor
This year marked RM Auctions’ fourteenth year at the Amelia Island Concours d’Elegance. The $23,102,000 total sale, RM’s fourth Amelia Island auction over $20 million, brought the total sold at the venue to over $200 million, $213,888,175 to be exact.
Five lots brought over a million dollars headlined by the Cord Front Drive L-29 “Hayes Coupe” which sold for $2.2 million, more than twice its last auction appearance. Three Ferraris and a beautifully presented Aston Martin DB5 Vantage Volante made up the balance of the million dollar sellers.
RM set a number of auction records including $990,000 (with commission) for one of their two 300SL Roadsters and $258,500 (with commission) for a steel bodied XK 120SE Roadster, a price that put it firmly among the early alloy-bodied XK 120s. Both were black which made both cars look particularly menacing and purposeful, but had less to do with their value than did their meticulous restoration, preparation and presentation.
The RM Auctions podium team of Max Girardo and Peter Wellman are refining their presentation and moved efficiently through the sale, selling all 116 vehicles (and Ele Chesney’s complete collection of Lalique mascots) in under six hours.
On a less happy note, notable by their absence from Amelia Island were Jack and Kathy Boxstrom. Their home was consumed in a fire the week before the sale taking Jack’s archives and, more importantly, the family cats with it. Jack and Kathy barely escaped and good wishes for their prompt recovery from this disaster were widespread among the RM Auctions crowd. It’s a reminder of how tenuous our possessions and our histories are. Scan everything precious and save it in “the cloud” – but even that won’t save the cats.
Here are the numbers from RM Amelia. Nearly 50 of the 116 lots were reviewed in detail with the invaluable assistance of Ed Lenahan.