RM | AUCTIONS
RM Auctions celebrated 20 years of thrilling auctions in the Detroit area by presenting a diverse roster of automobiles and posting $7.4 million in total sales at its annual Motor City sale in Michigan.
A featured attraction of the Concours d'Elegance of America at St. John's weekend, the Motor City sale lifted the gavel on an eclectic mix of 77 vehicles and one classic boat, with 77 percent of all lots sold. Bidders represented 10 countries, including Germany, Australia, and the emerging markets of Russia and the United Arab Emirates. Within the United States, bidders came from 31 states, with strong interest demonstrated by collectors from America's Midwest.
Top sales honors went to the 1911 Mercedes 38/70HP Seven-Passenger Touring with coachwork in the style of Vanvooren, which achieved a strong final price of $495,000 to applause from the audience. Also attracting strong interest, the 1930 Gar Wood 28’ Triple Cockpit Runabout, originally built for Logan T. Wood and delivered new to Detroit, realized $275,000.