RM SOTHEBY’S TEAMS WITH AUCTIONS AMERICA TO GROW POPULAR SANTA MONICA SALE

RM SOTHEBY’S TEAMS WITH AUCTIONS AMERICA TO GROW POPULAR SANTA MONICA SALE

·        RM Sotheby’s joins forces with Auctions America to host this year’s Santa Monica sale, June 24 – 25 at the historic Barker Hangar

·        Early auction highlights led by a pair of Ferrari supercars: a 1992 Ferrari F40 and a 2007 Ferrari 599 GTB

·        Sale to also feature the 1939 Lincoln-Zephyr “Scrape”, a 1936 Lincoln-Zephyr Twin Nose, and a 1941 Kozy Coach Company Caravan from the personal collection of Barry Weiss

·        Further information and a frequently updated list of entries available at www.rmsothebys.com

BLENHEIM, Ontario (May 2, 2017) – RM Sotheby’s, the world’s largest collector car auction house, is thrilled to announce that it will expand its footprint in California this summer via the presentation of a Santa Monica sale, June 24-25 at the historic Barker Hangar. The event, which marks its fifth anniversary in 2017, was previously presented solely by RM’s sister company, Auctions America. This year, the two companies will work collaboratively to further grow the sale and reinforce their market leadership in Southern California’s highly competitive auction space.

“Auctions America has done a fantastic job in establishing a strong foundation in California over the past five years. Last year alone, the Santa Monica sale generated $14.2 million, attracting bidders from 16 countries. The fact that almost 50 percent of bidders represented first time clients reflects the tremendous appeal of this venue, and the quality of cars presented,” says Alexander Weaver, Car Specialist, RM Sotheby’s.

“Moving forward, we’re excited to embrace the Santa Monica sale as part of the RM calendar, and to work with the Auctions America team to further grow the sale utilizing RM’s strong reputation both in Southern California and internationally. Our aim is to bring an even more thrilling docket of cars to this year’s event, while simultaneously working to further elevate the client experience.”

In addition to leveraging RM’s strong brand awareness to build the event, the new approach towards the Santa Monica sale will also allow the Auctions America team to increase its focus on its flagship Auburn Spring and Fall events, scheduled May 11-13 and August 31 – September 3.

Looking ahead to June, entries for the upcoming Santa Monica sale will again be handpicked to match diverse SoCal tastes. Following in the footsteps of previous years where modern Ferraris have performed exceptionally well, early highlights for this year’s auction are led by a U.S.-delivery 1992 Ferrari F40 with less than 16,000 miles on the odometer (Est. $900,000 - $1,100,000), and a black-on-black 2007 Ferrari 599 GTB fitted with F1 transmission and showing just over 12,000 miles from new (Est. $125,000 - $175,000). 

“The F40 in particular is a fantastic highlight for this year’s Santa Monica sale, and a great follow up to our 2015 and 2016 Santa Monica sales, which were topped by a 2004 Ferrari Enzo and 1995 Ferrari F50 respectively. Santa Monica has certainly proven itself an attractive venue for Ferrari supercars, and we look forward to continuing the momentum next month,” adds Weaver.

Representing a whole other side of SoCal car culture, the June auction will also feature an eclectic series of vehicles from noted collector and television personality, Barry Weiss. Known for his affinity for all things wild and unique, the group is led by the custom 1939 Lincoln-Zephyr “Scrape”. Designed by former Hot Rod Magazine editor, Terry Cook, and taking cues from both French and American design, “Scrape” has become a phenomenon in its own right, appearing at numerous major shows across the country, including New York’s Louis Vuitton Concours d’Elegance (Est. $300,000 - $400,000). Additional highlights from Weiss’ collection include a one-of-a-kind 1936 Lincoln-Zephyr Twin-Nose (Est. $70,000 - $85,000), and a 1941 Kozy Coach Company Caravan, upgraded with new electric and decorated with period memorabilia by Weiss himself (Est. $100,000 - $120,000).

As a prelude to the Santa Monica auction, select sale highlights will be available for advance preview at a series of upcoming Southern California events, including the Culver City Car Show (May 13), the San Marino Motor Classic (June 11) and the Rodeo Drive Concours d’Elegance (June 18).