Cord L-29 Special Coupe

RM Auctions Amelia Island 2012 – Auction Results

The RM Auctions Amelia Island 2012 auction was held Saturday, March 10th at the Ritz-Carlton in Amelia Island, Florida, resulting in more than $23 million in total sales and an 87% sell-through rate.

RM Auctions offered more than 100 pre- and post-war motor cars at the Amelia auction, with top sale going to the one-off, Count Alexis de Sakhnoffsky 1929 Cord L-29 Special “Hayes Coupe” that sold for $2,420,000. Other notable results include the 1965 Aston Martin DB5 Vantage Convertible, one of the seven original Vantage-powered DB5 Convertibles produced, that sold for a world-record $1,210,000 and the 1960 Mercedes-Benz 300SL Roadster that brought $990,000, a world record for a 300SL Roadster at auction.

“This year’s Amelia Island weekend was once again a great success for the RM team with over $23 million in sales and more accolades for RM Auto Restoration. We’re very pleased with the results achieved both in the auction room and on the show field, as well as the strong global interest in the sale – bidders hailed from 16 countries around the world,” said Rob Myers, Chairman and Founder, RM Auctions.

Myers added, “The Amelia sale wrapped up a fantastic two weeks in Florida for RM, including the recent Milhous Collection sale presented in association with Sotheby’s. Combined, the events generated more than $61 million in sales, illustrating the continued strength of the collectibles hobby. We look forward to building on the strong results at our next sale in Monaco in May.”

Additional highlights included the ex-Agnelli Family 1956 Ferrari 250 GT Coupe Speciale, one of just four built, that sold for $1,430,000, the 1973 Ferrari Dino 246 GTS at a record-setting $363,000, a 1972 Ferrari 365 GTB/4 Daytona Spyder for $1,210,000, a 1967 Ferrari 275 GTB/4 Berlinetta at $1,100,000, followed by a covered headlight 1961 Ferrari 250 GT Series II Cabriolet that brought $770,000.

Beyond the automobiles, the 2012 RM Auctions Amelia sale also lifted the gavel on one of only three known complete Lalique Mascot Collections, headlined by the rarest Lalique of all, Le Renard (The Fox), for $805,000.

RM Auctions Amelia Island 2012 – Top Ten Auction Results

1. 1929 Cord L-29 Special Coupe – $2,420,000
2. 1956 Ferrari 250 GT Coupe Speciale – $1,430,000
3. 1965 Aston Martin DB5 Vantage Convertible – $1,210,000
4. 1972 Ferrari 365 GTB/4 Daytona Spyder – $1,210,000
5. 1967 Ferrari 275 GTB/4 Berlinetta – $1,100,000
6. 1930 Bugatti Type 46 Superprofile Coupe – $1,017,500
7. 1960 Mercedes-Benz 300SL Roadster – $990,000
7. 1937 Squire 1½-Liter Drophead Coupe – $990,000
9. The Lalique Mascot Collection of Ele Chesney – $805,000
10. 1929 Duesenberg Model J Convertible Berline – $803,000

(See RM Auctions – Complete Amelia Island 2012 Results)

RM continues its 2012 auction calendar, May 11 – 12 with the return of its biennial Monaco sale at the Grimaldi Forum. Held during the same weekend as the Grand Prix Historique de Monaco, the two-day sale will lift the gavel on a selection of automobiles and the Saltarelli Collection of Ducatis.

RM returns to North America, June 8 – 9 with the presentation of the Dingman Collection 2012, a continuation of the successful 2006 Dingman sale of Ford motor cars and automotive signs. In the meantime, RM’s subsidiary company, Auctions America by RM, presents the 10th annual Collector Cars of Fort Lauderdale sale, March 16 – 18 at the Greater Fort Lauderdale / Broward County Convention Center.

For more information, visit www.rmauctions.com and www.auctionsamerica.com.

[Source: RM Auctions; photo credit: Darin Schnabel © 2012 courtesy RM Auctions]