RM SOTHEBY'S IS THE WORLD'S LARGEST COLLECTOR CAR AUCTION HOUSE BY TOTAL SALES
With 40 years of proven results in the collector car industry, RM’s vertically integrated range of services, from auctions (live and online) and private sales to estate planning and financial services, coupled with an expert team of Car Specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby’s is currently responsible for six of the top ten most valuable motor cars ever sold at auction.
- #1 auction house globally by total value of cars sold in the past six consecutive years (2014–2019)
- #1 globally in number of cars sold greater than $1,000,000 in the past six consecutive years (2014–2019)
- #1 globally in number of cars sold greater than $250,000 in the past six consecutive years (2014–2019)
- #1 globally in auction sales totals for key marques including Ferrari, Porsche, Mercedes-Benz, and Aston Martin
- #1 auction house of choice for significant private collections
In February 2015, RM Auctions formed a strategic partnership with Sotheby's to become RM Sotheby's, thus uniting the two companies for the full calendar of future automobile auctions. Today, RM Sotheby's stands as the only company in the world with the capabilities, resources, and expertise to effectively handle the sale of any car or collection—regardless of size or complexity.
AUCTIONS AMERICA INTEGRATION
In October 2017, RM Sotheby's announced that its Auctions America subsidiary would be fully integrated into the RM Sotheby's Group of Companies. All existing Auctions America sales—including Fort Lauderdale, Auburn Spring, and Auburn Fall—are now held under the RM Auctions banner. This integration will allow RM Sotheby's to seamlessly serve all levels of the diverse collector car market through one auction house and one team.
Events held under the RM Sotheby's banner will present blue-chip, investment-quality motor cars, primarily catering to established and seasoned collectors, with average automobile values above $300,000. Auctions held under the RM Sotheby's banner include Arizona, Paris, Amelia Island, Essen, Monaco, Villa Erba, Monterey, Hershey, London, and Abu Dhabi. Sales now held under the RM Auctions banner will present high-quality collector cars for the entry-level enthusiast through to the seasoned collector, with average automobile values under $300,000. Events to be held under the RM Auctions banner include Palm Beach, Auburn Spring, and Auburn Fall.
By bringing together these two auction powerhouses under one comprehensive brand, we can ensure that all levels of the hobby and all interests therein are well represented and that we can continue to serve our clients to the highest level.
A POWERFUL PARTNERSHIP
Over the past decade, collecting significant cars has evolved into an exercise in connoisseurship on par with collecting fine art—a pursuit that predates the invention of the automobile. In February 2015, RM formed a strategic partnership with Sotheby's, one of the world's oldest and most respected auction houses, to become RM Sotheby's. This partnership adds over 275 years of experience in the auction and private sale of the world's most desirable fine art and collectibles, as well as appraisals, collection management, financial services, and global marketing. The partnership has proven valuable in further strengthening RM's role as an adviser, market maker, and financier in the collector-car industry. By working in concert with the Sotheby's team and its network of 80 offices in 40 countries, RM has established the largest client network of any collector-car auction house in the world.
Sotheby's has been uniting collectors with world-class works of art since 1744. Sotheby's became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992), and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby's presents auctions in 10 different salerooms, including New York, London, Hong Kong, and Paris, and Sotheby's BidNow programme allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby's offers collectors the resources of Sotheby's Financial Services, the world's only full-service art financing company, as well as the collection advisory services of its subsidiary, Art Agency, Partners. Sotheby's presents private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Global Fine Art Division, and two retail businesses, Sotheby's Diamonds and Sotheby's Wine. In February 2015, RM Auctions formed a strategic partnership with Sotheby's to become RM Sotheby's, the world's largest auction house for investment-quality automobiles. Sotheby's has a global network of 80 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).
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AN UNPARALLELED GLOBAL FOOTPRINT
The key to consistently selling automobiles for record-breaking prices is all in who you know. At RM Sotheby's, we know the collectors.
Over the years, our auctions have been witness to hundreds of million-dollar-plus motor cars. We've had the pleasure of doing business with a truly global collector base, including buyers and sellers from more than 75 countries spanning the Middle East, Asia, Europe, Russia, Australasia, and the Americas.
With offices located in Canada, the Unites States, and Europe, RM Sotheby's has created an unparalleled global footprint. These locations allow us to present a diverse calendar of annual and bi-annual auction events throughout North America and Europe. Each RM Sotheby's event possesses a distinct character influenced by its location, ensuring that any automobile will find the perfect auction venue on our roster, whether it's in the traditional classic car mecca of Monterey, California, or amongst the world's elite collectors in Monaco or Villa d'Este.
Arizona – January
Paris – February
Amelia Island – March
Essen - April
Palm Beach – April
Auburn Spring – May
Monterey – August
Auburn Fall – September
Hershey – October
London – October
Villa Erba – May
Monaco – May
New York – December
THE ONLY AUCTION HOUSE WITH A 360-DEGREE VIEW OF THE INDUSTRY
RM Sotheby's employs over 145 full-time professionals within the organization—the largest staff of any collector car auction house—who are committed to achieving the best possible results for our clients. This includes in-house designers, a catalogue production team, writers, photographers, marketing and advertising professionals, and public relations experts, in addition to the largest roster of Car Specialists in the industry. Each of these departments is crucial to providing the seamless and enjoyable experience that RM Sotheby's clients have come to know and expect.
Every car entrusted to RM Sotheby's has a unique story, and we're here to tell it. The in-house marketing team finds creative ways to convey these stories to potential bidders that not only enhance the sellers' experience, but also contribute to buyers' confidence. Each one of our auctions receives a dedicated marketing plan fully tailored to the location of the auction and the types of cars consigned. Having a dedicated team to make sure each car is covered in every type of media possible is the only way to fully find the right buyers and expose them to the market. RM Sotheby's Marketing team ensures that we have explored every avenue before sale day, and no other team in the collector car industry will go to the lengths to achieve the results your collection deserves.
Below is just a small glimpse of the power of RM Sotheby's Marketing.
STRIVING FOR EXCELLENCE AND BREAKING WORLD RECORDS
- Online Only: The European Sale featuring the Petitjean Collection 2020: RM Sotheby’s has closed yet another record auction with Online Only: The European Sale featuring the Petitjean Collection, which opened for bidding on 3 June and closed this week across 10-11 June. Overall, Online Only: The European Sale featuring the Petitjean Collection amassed €19,246,540, making it RM Sotheby’s highest grossing online collector car auction thus far. Headlining the results was a stunning Limited Edition 2020 Porsche 935 ‘Martini’ which sold for a final €1.32 million after a flurry of late bidding before the lot closed. With close to 1,000 registered bidders, the sell-through rate was a staggering 91 percent across all lots offered with bidders registered from 48 countries across the globe, demonstrating RM Sotheby’s unrivalled ability to connect buyers and sellers throughout the world. This also represents the highest number of registered bidders for any RM Sotheby’s Online Only sale to date, 41 percent of which were first-time clientele.
- Online Only: Driving Into Summer 2020: RM Sotheby’s hosted its first car auction specifically curated for the Online Only platform—Driving into Summer—with great success, presenting 193 motor cars and 24 lots of memorabilia, which opened for bidding on 21 May and closed in a staggered format on 28-29 May. The time-based, online auction totaled an impressive $16,385,738 in sales. More than 550 bidders participated from no less than 35 countries, with 24 percent bidding with RM Sotheby’s for the first time. Proving that rare, iconic supercars remain in strong demand among enthusiasts, it was a 2003 Ferrari Enzo that led the online auction sales, selling for $2,640,000 to become the most valuable car sold in a dedicated online only collector car auction to date.
- Online Only: A Porsche with Purpose 2020: RM Sotheby’s and Porsche Cars North America, Inc. (PCNA) hosted a unique charitable time-based auction held on RM Sotheby’s Online Only bidding platform over 7 days. The sole lot offered was the last-ever 991 generation 911 to enter and pass down the serial production line, including a unique package of experiences and gift items. Bidding closed 22 April seeing 32 bids which raised $500,000 (auction hammer price). PCNA has decided to match the winning bid to raise the total proceeds to $1 million. The money will be donated United Way Worldwide, less taxes and fees, to directly aid its work for COVID-19 relief in America.
- Online Only: The Palm Beach Auction 2020: RM Sotheby’s successfully completed the first catalogue sale to be offered via the auction house’s time-based Online Only digital platform this past week with the presentation of Online Only: The Palm Beach Auction. 259 motor cars and 21 lots of memorabilia opened for bidding on 20 March, with lots closing in a staggered format from 25 to 28 March.The online-only auction totaled $13.7 million in sales, with an overall sell-through rate of 69 percent. RM Sotheby’s saw an unprecedented level of interest in its online platform, with nearly 900 registered bidders—23 percent more than the average number of registered bidders at live RM Sotheby’s South Florida auctions over the last four years.Bidders participated from 44 countries, with 36 percent bidding with RM Sotheby’s for the first time. Over the course of the auction (20–28 March), there were more than 615,000 page views within the Online Only Palm Beach section of rmsothebys.com alone.
- Amelia Island 2020: RM Sotheby’s returned to the Ritz-Carlton at Amelia Island this past weekend for the company’s 22nd annual sale as the official auction house of the renowned Amelia Island Concours d’Elegance. A two-day auction for 2020, the sale was a resounding success, totaling more than $35.8 million and with 94 percent of all lots offered finding new homes. Bidder registration exceeded that of 2019, representing 30 countries and with 17 percent bidding with RM Sotheby’s for the first time.
- Paris 2020: RM Sotheby’s enjoyed another successful night in Paris at its seventh annual sale during Rétromobile week. The auction amassed over €16.5 million in sales with 75 percent of all lots sold for the diverse range of desirable cars and automobilia offered for sale. The packed auction room, which encouraged enthusiastic bidding on key lots, witnessed very strong individual results across cars from rare 1950s and ‘60s sports roadsters through to modern hypercars. The much publicised Poster Car Collection was a particular success and brought in over €6.4 million total.
- Arizona 2020: On 16-17 January, RM Sotheby’s kicked off its 2020 calendar with the auction house’s 21st annual Arizona auction, totaling $30.4 million in sales with 90 percent of all lots sold. Held at the Arizona Biltmore in Phoenix during Arizona Car Week, the two-evening auction welcomed bidders from 26 countries around the world bidding in the room and via phone and internet, with nearly 25 percent registering to bid with RM Sotheby’s for the first time.
Summary: RM Sotheby’s sold more than $400 million at auction over the last year, including both live and online sale events, and led the market with the highest auction sales total in 2019, including selling the highest priced car at auction in 2019, as well as five of the top 10 most valuable cars sold at auction over the course of the year. RM Sotheby’s led many segments of the market in 2019, having been responsible for approximately 40 percent of the cars sold at auction in both the US$1 million + range, as well as the $250,000 - $1 million range, double the number of cars sold by the nearest competitor. The auction house also led the overall collector car auction market in EMEA, with the highest sales total for auctions held in EMEA in 2019.
- Abu Dhabi 2019: On 30 November at the season-ending FORMULA 1® ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2019, RM Sotheby’s made history with the first-ever international collector car auction to be hosted in the Emirate and the first auction to ever take place at an F1® Grand Prix™. In collaboration with F1®, RM Sotheby’s presented an exceptional lineup of 40 blue-chip collector cars, ranging from victorious Grand Prix racing machines to iconic sports cars and the most sought after low-mileage modern hypercars, generating total sales of $31.3 million USD across the two hours of auction action. The offering reflected the diverse collecting interests of the region and resulted in record-setting benchmark prices across all categories. Bidders represented a wide range of 28 countries, with one third from the Middle East region and an overall 40 percent representing first-time RM Sotheby’s bidders.
- London 2019: RM Sotheby’s was proud to host the remarkable sale of a supremely original Lamborghini Miura at its annual London sale, with the never-restored supercar exceeding its pre-auction estimate to achieve a remarkable £1.24 million. Many of the cars offered at Olympia, in West Kensington, achieved strong prices with a Lancia Delta S4 Rally and Ferrari 250 GTE 2+2 Series in particular securing worthy results. A further highlight was the nine-lot Forests Collection that pulled in over £500,000 for a worthy environmental cause. Bidding was strong throughout the sale on the telephone desks, online and from within the packed auction room, with bidders representing no less than 33 countries.
- Hershey 2019: RM Auctions, a division of RM Sotheby’s Group, achieved strong results for the auction house’s 13th annual Hershey sale, generating $15,569,594 with 97 percent of all lots sold. Held during the world-renowned Antique Automobile Club of America’s (AACA) Eastern Division Fall Meet, the two-evening auction saw more than 200 historic automobiles, offered in large part from significant single-owner collections, alongside a wide array of memorabilia cross the auction stage. A packed auction room, enthusiastic bidding, and strong prices were seen on Thursday and Friday evening, with bidders hailing from no less than 23 countries, and nearly 25 percent of bidders representing first-time RM Sotheby’s Group clientele.
- The Taj Ma Garaj Collection 2019: RM Sotheby’s presented the company’s 36th single-owner private collection at auction this past weekend in Dayton, Ohio—the renowned Taj Ma Garaj Collection, grossing a total $5,685,859. Featuring 32 rare and eclectic Porsche and Volkswagen motor vehicles, as well as 356 lots of memorabilia from late prominent collector, Mr. John Dixon, the single-day absolute auction drew spirited bidding activity from no less than 20 countries around the world, with nearly 60 percent of bidders representing first-time RM Sotheby’s clientele.
- The Sáragga Collection 2019: RM Sotheby’s has enjoyed a fantastic, first-ever auction in Portugal where the company offered the incredible, single-owner Sáragga Collection, entirely without reserve on 21 September. A packed venue saw the sale gross €10.191.425, featuring 127 cars representing all budgets and eras of the collector car market. The Sáragga Collection was offered from a location on the owner’s estate, and hundreds of buyers filled the room to secure cars from this unique sale near the stunning beach resort region of Comporta. The room was enthusiastic and highly animated throughout the sale, with many results commanding applause and standing ovations from the audience. A remarkable 52 percent of bidders were new to RM Sotheby’s and no less than 38 countries were represented.
- Auburn Fall 2019: RM Auctions celebrated the now 49-year Labor Day tradition this past weekend with its annual Auburn Fall sale (29 August – 1 September) at the historic Auburn Auction Park in Indiana. Total sales across the four-day auction reached $ 16,664,242 with 90 percent of all lots finding new homes and bidders hailing from 29 countries and 48 states across the U.S.
- Monterey 2019: RM Sotheby’s led another Monterey Car Week this past weekend, reporting more than $107 million in total sales across the company’s three-night auction in Monterey, California (15-17 August), with 74 percent of all lots finding new homes. The Monterey sale exhibition saw fantastic attendance, with the collector car hobby descending on the Monterey Conference Center, translating to high bidder turnout during the sale, with representation from no less than 43 countries. Despite shifting market conditions observed throughout the Monterey Peninsula this year, RM Sotheby’s saw several stand-out prices achieved for exceptional collector cars over the course of the three-day Monterey sale, including new world records set each night. RM Sotheby’s top lot of the auction, and the most valuable car sold during 2019 Monterey Car Week, was the highly anticipated 1994 McLaren F1 “LM-Specification”,the world’s most revered modern supercar, which sold for a final $19,805,000, setting a new auction record for the marque on Friday evening.
- Auburn Spring 2019: RM Auctions returned to the historic Auburn Auction Park this past weekend (29 May – 1 June) for the company’s annual Auburn Spring collector car weekend. Total sales across the four-day auction reached $6,853,794, led by a diverse top ten sales list and two full days of exceptional memorabilia and collectibles on offer. Bidders at the Auburn Spring sale hailed from no less than 11 countries, with more than 40 percent representing first-time RM Auctions clientele.
- Villa Erba 2019: RM Sotheby’s, the official auction house of the esteemed Concorso d’Eleganza Villa d’Este, concluded its fifth, successful Villa Erba sale on the shores of Lake Como, Italy, grossing an impressive €19,798,085 and with five cars achieving figures in excess of €1,000,000. Bidders at the exclusive event represented no less than 30 countries, with more than 25 percent being first-time RM Sotheby’s clientele.
- The Guyton Collection 2019: RM Sotheby’s presented the company’s 34thprivate collection at auction—the esteemed Guyton Collection, entirely without reserve, achieving $11,679,821 in total sales. Comprising the remarkable automobiles and collectibles of the late Mr. Fred Guyton, the two-day sale was held at the collection site, drawing strong bidding activity from more than 27 countries around the world, with more than 40 percent of bidders representing first-time RM Sotheby’s clientele.
- Essen 2019: RM Sotheby’s wrapped up the company’s first-ever German auction, reaching total sales of €18.7 million with 86 percent of all 229 lots on offer finding new homes. The two-day sale represents one of the most successful and significant collector car auctions ever held in Germany in terms of both total value and number of cars sold. The auction took place in a packed room on both days and drew bidders from 46 countries, with more than 40 percent of participants being first-time RM Sotheby’s clientele.
- Fort Lauderdale 2019: RM Auctions held its annual Fort Lauderdale sale, 29-30 March at the Broward County Convention Center, achieving the best result in the event’s 17-year history. Total sales across the two-day auction reached in excess of $23.2 million, with more than 80 percent of the 476 lots on offer finding new homes. RM Auctions also saw strong bidder attendance at the sale, with 24 countries represented by participants, and one third of bidders representing first-time RM Auctions clientele.
- Amelia Island 2019: RM Sotheby's, the official auction house of the esteemed Amelia Island Concours d'Elegance, returned to the Ritz-Carlton, 8–9 March, for the company's 21st annual Amelia Island sale, achieving more than $38.1 million in total sales with 84 percent of all lots sold. The total represents the strongest auction house performance during the 2019 Amelia Island Concours week, with bidders hailing from 28 countries around the world, and 20 percent representing first-time RM Sotheby's clientele.
- Paris 2019: RM Sotheby's achieved its highest total for the company's Paris sale to date on 6 February, generating more than €32.4 million at its sixth annual sale during Rétromobile. The sale welcomed bidders from no fewer than 45 countries and noted a 25 percent increase in total bidders over 2018. The undoubted star lot of the sale was the 1987 Ferrari F40 LM, which achieved €4.842.500 to set a new world record for the model.
- Arizona 2019: RM Sotheby's kicked off its 2019 auction calendar with the company's 20th annual Arizona sale, 17–18 January, at the Arizona Biltmore in Phoenix. The two-evening auction totaled $37 million in sales, with 85 percent of all lots finding new homes. The top sale of the week was a fresh-to-market, 2,900-mile 1985 Ferrari 288 GTO, which drew enthusiastic bidding from several parties on Thursday night before selling for a final $3,360,000 (Estimate: $3,200,000–$3,600,000).
Summary: The RM Sotheby's Group, comprising both RM Sotheby's and RM Auctions, maintained its market leadership as the largest collector car auction house by total sales, reporting more than $423 million in global auction sales, with a strong 84 percent overall sell-through rate. Sales were led by the 1962 Ferrari 250 GTO, which was sold in Monterey for $48.4 million – the most valuable car ever sold at auction. In addition, RM's Private Sales division handled the discreet sale of more than $150 million of some of the world's most significant collector cars, led by the 1963 Ferrari 275 P, the only Ferrari to have won the legendary 24 Hours of Le Mans twice.
- Arizona 2018: RM Sotheby's diverse roster of blue-chip collector cars spanning pre-war American classics through iconic European sports cars and high-performance modern collectibles powered its 19th annual Arizona sale to a final $36,523,620 with 88 percent of all lots sold at the Arizona Biltmore, 18–19 January. The star of the sale was an exceptional 1966 Shelby 427 'Semi-Competition' Cobra, which sold for a world-record price of $2,947,500.
- Paris 2018: RM Sotheby's enjoyed a fantastic night at its fifth annual Paris sale, 7 February, bringing in a sale total of €23,745,225 with 83 percent of the 84 lots successfully sold. Demonstrating continued interest in low-production modern-era hypercars, the 2017 Bugatti Chiron was the night's top seller, achieving an incredible €3,323,750.
- Amelia Island 2018: RM Sotheby's returned to Amelia Island for its 20th annual sale as the official auction of the renowned Amelia Island Concours d'Elegance. The single-day sale achieved $27.7 million, with a strong 86 percent of all lots sold. Top sale honors were led by a 1966 Ferrari 275 GTB, one of approximately 58 long-nose, torque-tube, triple-carburetor, steel-bodied examples. Retaining its original chassis, engine, and gearbox, the beautifully presented car sold for a final $2,205,000.
- Fort Lauderdale 2018: RM Auctions returned to Florida the weekend of 6–7 April for the company's 16th annual Fort Lauderdale sale, where the auction house achieved $19.1 million in total sales with a strong 76 percent of all lots finding new homes. The most valuable lot of the two-day sale was the 1962 Mercedes-Benz 300 SL Roadster, eventually selling to a bidder on the phone for a final $1,540,000 following a lengthy competition.
- Monaco 2018: RM Sotheby's biennial Monaco auction, held 12 May at the Grimaldi Forum, totaled €23,317,290, drawing global interest from bidders representing 36 countries.
- Auburn Spring 2018: RM Auctions returned to the historic Auburn Auction Park in Indiana on 11–12 May for the company's 8th annual Auburn Spring collector car weekend. This represented the first Auburn Spring sale held under the RM Auctions banner, following the integration of former RM Sotheby's Group subsidiary, Auctions America, in fall of 2017. RM Auctions achieved an overall $6,037,635 in total sales, with a strong 84 percent of the 500 lots on offer finding new homes across the two-day auction.
- June 2018: RM Sotheby's announced that it will expand its reach and level of client service with the creation of RM Sotheby's Private Sales, a division of the RM Sotheby's Group. June's formal launch included a dedicated section on rmsothebys.com, providing increased ease of service to RM Sotheby's global network of clientele. The division was launched with the most iconic supercar of the modern era—a 1998 McLaren F1 'LM-Specification.'
- The Dingman Collection 2018: RM Auctions returned to Hampton, New Hampshire, 23–24 June for the company's concluding presentation of The Dingman Collection, achieving an overall $7,027,334 in total sales, with all lots finding new homes across the two-day auction event. The Dingman Collection, offered entirely without reserve, comprised the remarkable cars and collectibles of the late Mr. Michael Dingman, long-time Ford Motor Company Director and one of the most important Ford collectors of modern times.
- Monterey 2018: RM Sotheby's celebrated an historic weekend in Monterey, 24–25 August, with a new record for the most valuable car ever sold at auction, selling a 1962 Ferrari 250 GTO for $48,405,000. The 250 GTO championed RM Sotheby's most historic Monterey offering to date, which resulted in an overall total of $157,931,940 – one of the company's all-time top performances, the highest-grossing auction of Monterey Car Week, and a near 19 percent increase over 2017 results at the same venue.
- Auburn Fall 2018: RM Auctions celebrated a now 48-year Labor Day tradition with its annual Auburn Fall sale (30 August – 2 September) at the Auburn Auction Park in Indiana. The four days of spirited auction action resulted in $21.7 million in total sales, with a strong 81 percent of all lots sold. The top sale of the auction was the 1957 Mercedes-Benz 300 SL Roadster, a first-year example which sold for a final $852,500 just after it crossed the block.
- London 2018: RM Sotheby's enjoyed an evening which saw £9.4 million-worth of outstanding cars go under the hammer in what was the company's 12th annual return to Battersea Evolution in London on 5 September. Proving once again that rare, modern-era supercars remain in strong demand with collectors and enthusiasts, it was the 2003 Ferrari Enzo that proved its star quality by leading the results, selling for £1.97 million to nearly eclipse its high estimate.
- Hershey 2018: RM Auctions returned to Hershey on 11–12 October for the company's 12th annual sale coinciding with the Antique Automobile Club of America's renowned Eastern Division Fall Meet. RM Auctions achieved an overall total of $10,999,096 across two evenings of spirited bidding at the Hershey Lodge, with a strong 94 percent of all lots sold. Energy and interest were high across both Thursday and Friday evening sessions, with the top sale being the 1930 Cadillac V-16 Roadster, which sold for a final $495,000, surpassing its pre-sale estimate of $400,000–$450,000.
- Porsche 2018: RM Sotheby's celebrated 70 years of Porsche on 27 October with the company's single-marque Porsche 70th Anniversary Auction at the Porsche Experience Center Atlanta (PECATL), also the home of Porsche Cars North America. RM Sotheby's achieved $25.8 million in total sales, with 92 percent of all lots finding new homes. Stand-out prices were led by the first 959 Paris-Dakar ever offered at auction, doubling estimate at $5.95 million. In what was one of the most anticipated moments of the auction, the 2018 Porsche 911 Turbo Classic Series "Project Gold" came under the hammer to applause from the crowd, with the car eventually selling for an incredible $3,415,000 to a bidder onsite at the PECATL.
- The Petersen Automotive Museum Auction 2018: On 8 December, RM Sotheby's achieved $39.8 million in total sales at the company's final auction of 2018 at the renowned Petersen Automotive Museum in Los Angeles, California. Leading the group of 64 vehicles and 77 lots of memorabilia representing a cross-section of significant eras and 10 categories in collector car history—of which 88 percent found new homes—was the remarkably rare 1956 Ferrari 290 MM, which sold for $22,005,000, entering the ranks of the top 10 most valuable motor cars ever sold at auction.
Summary: The RM Sotheby's Group, comprising both RM Sotheby's and RM Auctions, maintained and extended its leading market position in collector car auctions in 2017, reporting more than $526 million in global auction sales with a strong 80 percent sell-through rate.
- Arizona 2017: RM Sotheby's sold the most expensive car over the Arizona auction weekend—a 1939 Mercedes-Benz 540 K Special Roadster—for over $6 million.
- Amelia Island 2017: Friday evening's exclusive sale of 'A Gentleman's Collection: The Pride & Passion of Orin Smith' realized $31 million, highlighted by the 1936 Lancia Astura Cabriolet Series III "Tipo Bocca" for over $2 million.
- Villa Erba 2017: RM Sotheby's offered the ultimate hypercar trinity at its Villa Erba sale, 27 May, on the shores of Lake Como, Italy. The Trio comprised a rare road-going McLaren P1 GTR with only 360 kilometres; a 'Paint to Sample' Arrow Blue, Weissach-optioned, Porsche 918 Spyder; and an 'as-new' Ferrari LaFerrari.
- April 2017: RM Sotheby's launched its exclusive television documentary series Million Dollar Car Hunters, produced by Waddell Media and co-commissioned by BBC Worldwide and Channel 4 for BBC Worldwide's global channels.
- Monterey 2017: $22.6 million Aston Martin DBR1/1 set the record for most valuable British automobile ever sold at auction.
- Monterey 2017: The second night of the Monterey sale was led by the Ferrari Performance Collection, a single-owner group made up of 13 iconic road-going Ferraris that brought a total of more than $16.5 million. The group, which spanned over 50 years of the marque's rich heritage, boasted low mileage and had been carefully maintained by its owner.
- Ferrari 2017: RM Sotheby's achieved an astonishing €63 million for 38 cars and select memorabilia at its exclusive auction held during the 70th anniversary celebrations of Ferrari at the Ferrari Factory in Maranello, Italy.
- Hershey 2017: RM Sotheby's once again celebrated the American automobile at Hershey Lodge during the world-renowned AACA Eastern Division Fall Meet with $15.9 million in total sales and an incredible 96 percent sell-through rate across two days.
- Sotheby's Contemporary Art Evening Sale (November 2017): On 16 November in Manhattan, Sotheby's sold the Michael Schumacher Monaco Grand Prix-, Drivers' Championship-, and Constructors' Championship-winning Ferrari F2001 for $7,504,000 (Estimate: $4,000,000–$5,500,000), setting a new world record for a modern-era Formula 1 car at auction.
- New York 2017: Both art and car enthusiasts flocked to Sotheby's Manhattan headquarters to watch over 30 iconic automobiles find new homes during RM Sotheby's third Manhattan sale, which achieved a sales total of $45.5 million. The star of the sale, an open-headlight 1959 Ferrari 250 GT LWB California Spider Competizione, chassis no. 1451 GT, sold for a final $17,990,000 to exceed its pre-sale estimate of $14–$17 million.
Summary: RM Group of Companies led the market in 2016 with $450 million in global auction sales.
- Monterey 2016: Ex-Ecurie Ecosse Jaguar D-Type smashes record for a British automobile sold at auction at a final price of over $21 million.
- Monterey 2016: CSX 2000, the very first Shelby Cobra, achieves over $13 million, setting a new auction benchmark for an American car.
- Duemila Route 2016: RM Sotheby's captured the attention of the global collector community with record-breaking Duemila Ruote sale in Milan. The three-day auction was the largest private automotive collection ever sold in Europe. Smashing expectations, the sale generated an outstanding €51.3 million.
- November 2016: RM Sotheby's partnered with Ferrari for the exclusive charity auction of a one-of-a-kind LaFerrari, which sold for a record $7 million.
Summary: RM Group of Companies (RM Sotheby's and Auctions America) posted $593 million in global auction sales in 2015.
- February 2015: RM Auctions and Sotheby's announced the formation of a new strategic partnership as Sotheby's acquired a 25 percent ownership interest in RM Auctions, which has since been known as RM Sotheby’s.
- May 2015: RM Sotheby's set a new record for a private automobile collection auction, generating over $53 million with 100 percent of all lots sold at its sale of the Paul and Chris Andrews Collection in Fort Worth, Texas.
- London 2015: A 1953 Jaguar C-Type Works Lightweight, chassis XKC 052, sold for $13.2 million, setting a new record for any Jaguar automobile sold at auction.
- Monterey 2015: RM Sotheby's generated the highest ever total for a collector car auction: $172.9 million in sales at its flagship Monterey, California, event.
- 1964 Ferrari 250 LM claimed the top sale of Monterey Car Week at a record $17.6 million.
- The Pinnacle Portfolio set a new auction benchmark for a single-day, single-vendor auction at $75.4 million.
- RM Auto Restoration claimed sixth Best of Show win at the prestigious Pebble Beach Concours d'Elegance.
- New York 2015: RM Sotheby's rounded out a banner 2015 season in New York City, realizing more than $73.5 million in auction sales with 81 percent of all lots sold during its exclusive 'Driven by Disruption' event.
- Janis Joplin Porsche shattered pre-sale estimate, selling for an incredible $1.76 million.
Summary: RM Group of Companies (RM Auctions and Auctions America) generated $470 million in sales in 2014.
- Arizona 2014: 1958 Ferrari 250 GT LWB California Spider set new Arizona auction record, selling for an outstanding $8.8 million.
- Paris 2014: 1955 Jaguar D-Type achieves €3.7 million at RM's inaugural Paris auction, establishing a new auction world record for the model.
- Amelia Island 2014: $6.6 million 1937 Delahaye 135 Competition Court Torpedo Roadster topped RM's record-breaking Amelia Island sale.
- Monterey 2014: Ferraris dominated RM's Saturday sale as the 1967 Ferrari 275 GTB/4 delivered new to King of Cool Steve McQueen garnered over $10 million, and the 1964 Ferrari 275 GTB/C Speciale realized $26.4 million.
Summary: RM Group of Companies (RM Auctions and Auctions America) celebrated a record-setting 2013 with $442 million in sales and Best of Show at Pebble Beach.
- February 2013: RM Auctions' highly anticipated Bruce Weiner Microcar Museum sale generated more than $9.1 million with 100 percent of all lots sold. A true labor of love carefully amassed over more than 15 years by businessman and lifelong collector, Bruce Weiner, the museum was internationally celebrated as the world's finest and largest collection of rare microcars. After making a decision to disperse the collection, Weiner entrusted RM Auctions to present 200 vehicles and 284 lots of collectibles 'without reserve,' setting the scene for one of the most colorful and fun collector car auctions in recent history.
- New York 2013: RM Auctions and Sotheby's momentous Art of the Automobile auction generated over $62.8 million in sales in two hours of furious bidding.
- Records tumbled with the historic 1964 Ferrari 250 LM by Carrozzeria Scaglietti, achieving $14.3 million, while the stunning 1938 Talbot-Lago T150-C SS Teardrop Cabriolet by Figoni et Falaschi sold for over $7 million.
- 93 percent of all lots were sold to an international audience of bidders representing 17 countries.
Summary: RM Group of Companies (RM Auctions and Auctions America) posted more than $360 million in auction sales in 2012.
- February 2012: Highly anticipated Milhous Collection generated $38.3 million in sales with 100% of all lots sold. The result of over 50 years of dedicated collecting by brothers Bob & Paul Milhous, the sale presented a range of exceptionally rare mechanical musical instruments, automobiles, and collectibles before a packed house.
- April 2012: RM Auctions' Dingman Collection auction realized $9.88 million in sales, with 100 percent of all lots sold. Characterized by a superb assortment of Americana, the Dingman Collection represented many years of careful and meticulous acquisition by prominent businessman, investor, and philanthropist, Michael Dingman, a former Ford Motor Company director for over 21 years. In total, the weekend's sale lifted the gavel on nearly 50 automobiles and more than 1,000 automotive signs and collectibles (offered in 845 individual lots) before a packed house.
- August 2012: RM Auctions announced it will be the official collector car auction partner for the Windsor Castle Concours of Elegance.
- August 2012: RM Auctions continued its busy summer calendar of events, posting a spectacular €10.4 million with 100 percent of all lots sold at its Aalholm Automobil Museum sale in Denmark. Attracting unprecedented interest from around the world, thousands of enthusiasts descended on the historic Aalholm Automobil Museum on the southern Danish island of Lolland for the single-day sale to secure a piece of Danish history. In total, the five-hour auction presented 181 lots before an enthusiastic packed house.