24 June 2017
Barker Hangar, Santa Monica, California
AMERICAN CLASSICS, CONVERTIBLE CRUISERS, AND A MODERN SUPERCAR TAKE FLIGHT AT RM SOTHEBY'S SANTA MONICA SALE
RM | AUCTIONS
RM Sotheby's celebrated the fifth annual Santa Monica sale—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 boutique selection of 175 vehicles and an array of automobilia, while as evidenced by the event's top 10 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.