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RM Sotheby’s Amelia Island sale tops $38 million

RM Sotheby’s 18th annual Amelia Island sale has realized more than $38 million, in front of a packed house in Florida.
“We had another great auction here at Amelia Island, with a solid sell-through rate of 89 percent and numerous cars from across all segments of the market exceeding estimate and achieving record prices,” says Gord Duff, Car Specialist, RM Sotheby’s.

“The solid result was driven by active participation from many of America’s leading collectors, as well bidders new to the hobby. The fact that yesterday’s results represent one of our strongest performances at Amelia Island to date illustrates a continued healthy market.”

The highest price of the sale was achieved by a 1962 Ferrari 400 Superamerica LWB Coupe Aerodinamico, regarded as one of the most important cars of its kind still in private hands. Having originally been displayed at the 1962 Turin Automobile Show, the car then spent more than 40 years in the family collection of American sportsman Erwin Goldschmidt, and eventually sold for $4.4 million – a world record price for a 400 Superamerica Coupe.

Two further Ferraris also achieved seven-figure sales – a 1984 Ferrari 288 GTO which realized $2,585,000, and a 1968 Ferrari 330 GTS which sold for $2,200,000.

Other European classic to pass the $1 million mark included a 1954 Bentley R-Type Continental Fastback Sports Saloon which sold for $1,815,000; a 1955 Mercedes-Benz 300 SL Gullwing which realized $1,265,000; and a highly-optioned 2014 Pagani Huayra which set a new auction record at $2,035,000.

There were also strong results for numerous American-built machines, including a 1932 Packard Twin Six Coupe Roadster which topped an estimate of $800,000 to sell for $1,210,000; a powerful 1963 Shelby 289 Cobra which brought $1,155,000; a beautifully restored 1931 Stutz DV-32 Convertible Victoria which sold for $1,100,000; and a 1985 Ford RS200 Evolution, one of only 24 examples built, which fetched $522,500.

In total the sale achieved £38.6 million, with a sell-through rate of 88%.

The next RM Sotheby’s sale takes place in Monaco on May 14, as part of the annual Grand Prix Historique de Monaco weekend.

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