RM Auctions Arizona 2012 – Auction Results

RM Auctions held its 2012 Automobiles of Arizona sale on January 19-20 at the Arizona Biltmore Resort in Phoenix, resulting in $25.6 million in sales and a 90% sell-through rate.

The 13th annual RM Auctions Arizona sale saw 140 automobiles cross the auction block, with registered bidders representing 21 countries. Top sale went to the 1957 Ferrari 410 Superamerica Scaglietti Coupe that sold for $1,815,000, followed by the 1959 BMW 507 Roadster and the 1973 Ferrari 365 GTB/4 Daytona Spyder – $990,000 that both made $990,000.

“Our Arizona sale proved to be a great kick start to what is shaping up as another terrific auction year. We are very pleased with the results of the sale and were delighted to welcome the world’s premiere collectors back to the Arizona Biltmore,” said Rob Myers, Chairman and Founder, RM Auctions.

“The results speak for themselves, once again proving that great automobiles, rare, correct examples with documented provenance, consistently attract great prices at auction as collectors continue to seek out the best examples for their collections. We look forward to continuing the momentum at our upcoming Milhous Collection and Amelia Island sales,” continued Myers.

The 1957 Ferrari 410 Superamerica, serial number 0671 SA, was formerly the property of Greg Garrison. It is the only example of the 34 410 Superamericas to have been bodied new by Scaglietti, in addition to being the first new Ferrari road car to be bodied by the coachbuilder.

In addition the the unique Superamerica, RM offered 10 other Ferraris at their 2012 Arizona sale, including a 1991 Ferrari F40 Berlinetta with less than 300 miles and originally delivered new to Lee Iacocca, that achieved a record price of $781,000. A 1973 Ferrari 365 GTB/4 Daytona Spyder, s/n 16705, offered for the first time in 23 years brought $990,000, while a multi-award winning 1963 Ferrari 250 GT Lusso Berlinetta, s/n 4459 GT, realized $979,000.

Additional sale highlights included a 1959 BMW 507 Roadster for $990,000, a 1966 Shelby 427 Cobra Roadster for $880,000 and a 1958 Porsche 356A 1600 Speedster that garnered for a strong $335,500.

RM Auctions Arizona 2012 – Top Ten Auction Results

1. 1957 Ferrari 410 Superamerica Scaglietti Coupe – $1,815,000
2. 1959 BMW 507 Roadster – $990,000
3. 1973 Ferrari 365 GTB/4 Daytona Spyder – $990,000
4. 1963 Ferrari 250 GT Lusso Berlinetta – $979,000
5. 1930 Duesenberg Model J LWB LeBaron Dual Cowl Phaeton – $880,000
6. 1966 Shelby 427 Cobra – $880,000
7. 1991 Ferrari F40 coupe sold for $781,000
8. 1957 Mercedes-Benz 300SL Roadster – $737,000
9. 1955 Mercedes-Benz 300SL Gullwing Coupe – $632,500
10. 1952 Ferrari 342 America Speciale Coupe – $632,500

(See RM Auctions Arizona 2012 – Complete Results)

Next month, RM in association with Sotheby’s will lift the gavel on the Milhous Collection, during a multi-day sale, February 24–25, 2012 in Boca Raton, Florida. Amassed over the past 50 years by brothers Bob and Paul Milhous, the two-day sale will present an selection of automobiles, mechanical musical instruments and collectibles. For further information including video and audio highlights visit www.rmauctions.com/milhous.

The Milhous Collection sale will be followed by the company’s 2012 Amelia Island sale on March 10, featuring a roster of approximately 100 automobiles.

[Source: RM Auctions]