Media Release


AMERICAN CLASSICS, CONVERTIBLE CRUISERS AND A MODERN SUPERCAR TAKE FLIGHT AT RM SOTHEBY’S SANTA MONICA SALE

Santa Monica

  • RM Sotheby’s single-day Santa Monica auction generates $9.3 million in total sales for smaller, boutique offering of cars
  • Top ten results demonstrate diverse Southern California collector car culture, led by Mercedes-Benz 300 SL Roadster at $1,100,000, 1992 Ferrari F40 at $957,000, and a pair of sought-after American Classics
  • RM Sotheby’s continues summer auction calendar with flagship Monterey sale, 18-19 August
  • Full results from the sale now available at www.rmsothebys.com

 

SANTA MONICA, California (26 June, 2017) – RM Sotheby’s celebrated the fifth annual Santa Monica sale this past weekend—held for the first time in partnership with sister company Auctions America—with more than $9.3 million in total sales. The single-day auction, held 24 June at the historic Barker Hangar, featured a more boutique selection of 175 vehicles and an array of automobilia, while, as evidenced by the event’s top ten results, still catering to diverse Southern California tastes at a variety of price points. The eclectic lineup of cars and RM Sotheby’s international reach drew bidders from 19 countries, including from as far as Asia, Australia, and the Middle East.

 

Top billing for the sale went to a fully-restored, matching-numbers 1960 Mercedes-Benz 300 SL Roadster, chassis no. 198-042-10-02551, whose Light Green Poly finish shone throughout the preview day. A perfect coastline cruiser, the 300 SL narrowly missed its reserve on the auction podium, though was sold immediately following the sale for a well-deserved $1,100,000. Ferrari supercars have proven consistent high performers since the debut of the SoCal sale in 2013, and this year did not disappoint. A recently-serviced, U.S.-delivery 1992 Ferrari F40, chassis no. 93065, drew eyes throughout the weekend, achieving a within-estimate $957,000 when it roared onto the block.

 

At the other end of the enthusiast spectrum, the Saturday sale was highlighted by a private California collection of American Classics, offered entirely without reserve, whose results once again demonstrated the healthy demand for great pre-war cars at auction. The group was led by a correct, pure 1929 Duesenberg Model J Convertible Berline by Murphy, J-259. Delivered new to Pasadena, the well-preserved Model J boasts numerous one-off features, and was sold to its sixth owner for a strong $880,000. Perhaps the true star of the collection however, was an authentic 1930 Cadillac V-16 Fleetwood Roadster, body no. 73, wearing its original two-passenger body. One of the most desirable American Classics in today’s collector community, the V-16 smashed its pre-sale estimate ($450,000 - $550,000), to sell for a final $797,500 following a lively bidding contest between bidders in the room and on the phone.

 

“We’re thrilled with the strong results for our fifth annual Santa Monica sale,” said Alexander Weaver, Car Specialist for RM Sotheby’s following the event. “The new single-day format proved a success, with the busiest auction room we’ve seen yet. Our top ten results also illustrate the appeal of the Southern California venue for the sale of a number of collector car segments, from American Classics to late-model Porsches, icons of 1960s European motoring and modern collectibles.”

 

The Santa Monica sale has also become known for some of its more unique offerings, which this year included Michelle Phillips’ 1970 Mercedes-Benz 250 C, which brought $28,050 while The Mamas and the Papas singer watched from the crowd, as well as a luxuriously appointed 2004 Maybach 62 Sedan, which achieved a strong $110,000 after incredible interest throughout the weekend.

 

RM Sotheby’s Santa Monica Top 10 sales:

 

1.       Lot 213 1960 Mercedes-Benz 300 SL Roadster

$1,100,000

2.       Lot 229 1992 Ferrari F40

$957,000

3.       Lot 189 1929 Duesenberg Model J Convertible Berline by Murphy

$880,000

4.       Lot 187 1930 Cadillac V-16 Roadster by Fleetwood

$797,500

5.       Lot 230 1995 Porsche 911 Carrera RS 3.8

$434,500

6.       Lot 191 1966 Aston Martin DB6 Vantage

$341,000

7.       Lot 214 2005 Mercedes-Benz SLR McLaren

$264,000

8.       Lot 217 1997 Porsche 911 Turbo S

$220,000

9.       Lot 212 1936 Bentley 3½-Litre Sedanca Coupe by Windovers

$200,750

10.    Lot 224 1960 Porsche 356 B 1600 Roadster by Drauz

$170,500

 

RM Sotheby’s continues its summer auction calendar with its flagship Monterey sale, 18-19 August during the world-famous Pebble Beach motoring week. Led by the recently announced 1956 Aston Martin DBR1/1, the two-day auction is set to feature 100 of the world’s finest and most sought-after motor cars. Next up on RM’s European calendar is the company’s eleventh annual London sale, 6 September at Battersea Evolution, closely followed by an historic single-marque sale held in partnership with Ferrari, 9 September in Maranello.

 

Complete results from RM Sotheby’s Santa Monica sale, along with additional information on upcoming events can be found at www.rmsothebys.com. Further information on upcoming Auctions America sales, including the company’s flagship Auburn Fall collector car weekend, August 31 – September 3, is available at www.auctionsamerica.com.

 

*Results are listed in USD and include 10 percent buyer’s premium for automobiles and 15 percent for all other lots. Results include select post-sale transactions that occurred immediately following the auction.

Alexander Weaver

aweaver@rmsothebys.com

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

asabatie-garat@rmsothebys.com

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

bruprecht@rmsothebys.com

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

dswig@rmsothebys.com

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

drose@rmsothebys.com

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

dgould@rmsothebys.com

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

jauerbach@rmsothebys.com

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

kforry@rmsothebys.com

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

mmalamut@rmsothebys.com

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

msquire@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

mfairbairn@rmsothebys.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

ocamelin@rmsothebys.com

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

pdarvill@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

pfisher@rmsothebys.com

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

smyers@rmsothebys.com

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

tvandervelden@rmsothebys.com

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more