RM Auctions, Ritz Carlton, Amelia Island, Florida, March 8, 2014
Highlighted by the disposition of Greenwich, Connecticut’s Malcolm S. Pray, Jr. collection, RM Auctions hit a home run at Amelia Island this year, recording a record total sale for the sixteen years they’re been at Amelia Island of $35.9 million, just over a third better than the previous best set last year.
The top sale, not surprisingly, was the Pray family’s 1937 Delahaye 135 with Figoni & Falaschi Torpedo Roadster coachwork at $6 million hammer, $6.6 million with commission. Runner up was another Pray family car, the BMW 507 that Malcolm had bought from its original owner in 1974. It brought $2.2 million hammer, $2,420,000 with commission.
Three more cars sold on hammer bids of $1 million or more including the Pray family’s Ferrari 250 GT Pininfarina Cabriolet Series II at $1.6 million hammer, $1,760,000 with commission.
RM fared very well with pre-war cars, selling 32 of 34 offered, 94.1% (not counting four pre-WWI Indian motorcycles which all sold as well.) There was no shortage of affordable cars, either. 24 sold for under $100,000 hammer, and six were under $50,000 hammer.