RM SOTHEBY'S GENERATES $6.4 MILLION AT ANNUAL MICHIGAN SALE
RM Sotheby's celebrated another fantastic Motor City sale in 2016, achieving in excess of $6.4 million with 80 percent of all lots sold.
Held on the grounds of the Inn at St. John's in Plymouth, and acting as a prelude to the Concours d’Elegance of America, the sale saw 70 quality automobiles cross the podium, attracting bidders from nine countries and 35 states across the U.S., with strong participation from Mid-West collectors.
In keeping with past tradition, American Classics were the toast of the sale, led by the 1929 Duesenberg Model J '0Disappearing Top' Convertible Coupe by Murphy, engine no. J-119. A true enthusiast's Duesenberg offered complete with its original engine and dealer-installed Murphy 'Disappearing Top' body, the Model J sparkled under the auction lights, exceeding expectations at a strong $1,540,000. Proceeds from the Duesenberg's sale went to benefit Hillsdale College, a top-ranked, non-profit, classical liberal arts college in Michigan.
Reflecting the broad spectrum of American automotive design on offer, a 2006 Saleen S7—America’s ultimate Supercar—claimed the second highest sale of the day, passing on to its third owner for a final $632,500. One of the fastest street-legal American automobiles ever produced (the S7 can sprint 0–60 mph in just 2.8 seconds, with a reported top speed of 248 mph), the featured Saleen was one of just 13 factory Twin Turbo road cars built in 2006 and believed to be one of the lowest mileage examples in existence, showing a mere 300 miles on its odometer.