RM Sotheby’s, Paul and Chris Andrews Collection, Fort Worth, Texas May 2, 2015
RM Sotheby’s has demonstrated that it is without peer in single owner collection auctions, establishing a record of effective promotion, lavish presentation and meticulous on-site event management that regularly produces eye-opening, record-setting results.
Paul and Chris Andrews, pére et fils, are the latest collectors to take advantage of RM Sotheby’s expertise, disposing of 78 vehicles at their private facility in Ft. Worth, Texas on May 2 in an all No Reserve auction.
The collection was notable for its scope, from rare Ferraris to rust-o-rod Fords, from magnificent multi-cylinder classics to a ’53 Bel Air convertible, from Pebble Beach quality restorations to semi-finished projects. The introduction to the nearly five pound, 12×12 inch catalog aptly described the diversity of father’s and son’s interests and how they have played off each other to expand their individual experiences. Aside from its bulk, the catalog itself was a work of art, featuring original artwork of each car by Stefan Marjoram, consistent photographic presentation and an imaginative layout. It’s probably appropriate that it is too big to fit in a file drawer and will have to be shelved in a fitting display.
Several of the cars set records but bidders’ focus was on the big cars of which fifteen were sold on hammer bids of seven figures. Some of the more modest vehicles seemed to be overlooked by bidders drawn by seven-figure rarities.
The top sale, not surprisingly, was a Ferrari, 400 Superamerica SWB Cabriolet s/n 3309SA, but it was followed by three magnificent classics; and a Packard brought more than either of the two Duesenbergs. Over thirty of the lots offered had prior auction history.
Here are the numbers:
RM Sotheby's Andrews
Cars Offered / Sold
78 / 78
The Andrews kept a dozen or so selected cars, and to judge from the caliber of the deaccessioned lots the ones that remain must be very special. With $50 million in their pockets (from the cars alone, not including automobilia and music-making machines) and plenty of room in their Ft. Worth facility after the auction it won’t be a surprise to see them buying again soon.
[Andrew C. Newton made the on-site observations in Ft. Worth; comments are the responsibility of the editor.]