DIVERSE OFFERING OF COLLECTOR CARS LEADS RM AUCTIONS AUBURN SPRING SALE

DIVERSE OFFERING OF COLLECTOR CARS LEADS RM AUCTIONS AUBURN SPRING SALE

AUCTION TOTALS MORE THAN $6.8 MILLION

STRONG PRICES ACHIEVED FOR HIGHLY ORIGINAL COLLECTIBLES OFFERED FROM THE BOB STRAUSS COLLECTION

• RM Auctions Auburn Spring totals $6,853,794 across four days of auction action at the historic Auburn Auction Park
• Diverse top ten list led by beautifully restored 1930 Cord L-29 Convertible Phaeton Sedan at $157,300
• The Strauss Collection of impressive vintage and neon signs leads a successful two full days of memorabilia
• Complete results for Auburn Spring now available at rmsothebys.com

 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 collectables on offer. Bidders at the Auburn Spring sale hailed from no less than 11 countries, with more than 40 per cent representing first-time RM Auctions clientele.

The Auburn Spring auction sales were led by a diverse top three sales, including a marvellously restored and ACD Club Category One-certified 1930 Cord L-29 Convertible Phaeton Sedan at $157,300, a 2015 Rolls-Royce Wraith offered from single ownership at $156,750, and, rounding out the top three, a 1965 Shelby Cobra 289 “CSX 8001”, the first 8000-series 289 Cobra by Shelby American, at a final $104,500.

Additional highlights across various levels and segments of the market include a well-equipped 1971 Mercedes-Benz 280 SL ‘Pagoda’ offered from The European Luxury Collection, which exceeded expectations at a final $93,500 (est. $65/$75k), a beautifully restored 1969 Plymouth GTX, which sold for $57,000 on Friday, surpassing its estimate of $40,000-$45,000, and a 1979 AMC AMX, showing what is believed to be an original 8,400 miles on the odometer, which drew considerable pre-sale interest, selling for a final$24,500 to more than double its pre-sale high estimate (est. $6k/$10k).

Auburn Spring successfully kicked off on Wednesday and Thursday with more than 800 lots of memorabilia going under the hammer, led by the Strauss Collection, comprising the impressive signs and collectables of the late Bob Strauss. The top seller of the collection was the Ford Jubilee Neon Sign, an 84 x 42-inch SSP multi-piece rolled edge neon, which achieved $63,250. Another stand-out memorabilia highlight was the Gas Flying A Chicken Wings Logo Neon Sign with excellent gloss and colour, and working neon, which surpassed its pre-sale estimate of $10,000-$20,000, bringing in $27,730.

Once again, the Antique Automobile Club of America (AACA) held their Annual Grand National Meet at Auburn Spring, welcoming 400 cars in total, along with 200 judges and thousands of guests. The meet saw hundreds of incredible cars on display, including 16 finalists for the Zenith Award, bestowed upon the best restoration of the year. The 2019 award went to a stunning 1931 Buick 8-94 Sport Roadster owned by David M. Landow of Bethesda, Maryland. The seven-year restoration project “wowed” the public and other competitors alike.

RM Auctions Auburn Spring 2019 Top Ten Sales

Lot 6088	1930 Cord L-29 Convertible Phaeton Sedan	$157,300
Lot 6059	2015 Rolls-Royce Wraith	$156,750
Lot 6101	1965 Shelby Cobra 289 "CSX 8001"	$104,500
Lot 6048	1988.5 Ferrari Testarossa	$99,000
Lot 6041	1932 Packard 900 Coupe Roadster	$94,600
Lot 6105	1971 Mercedes-Benz 280 SL 'Pagoda'	$93,500
Lot 6077	1957 Chevrolet Bel Air Convertible	$84,150
Lot 6055	1967 Austin-Healey 3000 Mk III BJ8	$81,400
Lot 6057	1967 Chevrolet Corvette Sting Ray 427/390 Convertible	$81,400
Lot 6073	1954 Packard Caribbean Convertible	$80,300

The RM Sotheby’s Group continues its 2019 auction calendar with its flagship Monterey auction in California on 15-17 August during the world-famous Pebble Beach motoring week. Featuring more than 120 of the world’s most sought-after motor cars, the auction is led by the recently announced 1939 Porsche Type 64, the oldest car to wear the Porsche badge and the only surviving Type 64. This year’s Monterey sale is also extended to three days to include An Evening with Aston Martin on 15 August, which will feature more than 30 of the world’s most sought-after road-going and track-ready Aston Martin sports cars from across the marque’s illustrious history. Further information on upcoming events, along with complete results from RM Auctions Auburn Spring, can be found at rmsothebys.com.

RM SOTHEBY’S AND FORMULA ONE GROUP ANNOUNCE GLOBAL AUCTION COLLABORATION

https://www.classicchatter.co.uk/events-guide

RM SOTHEBY’S AND FORMULA ONE GROUP ANNOUNCE
GLOBAL AUCTION COLLABORATION

FIRST MAJOR INTERNATIONAL COLLECTOR CAR AUCTION IN MIDDLE EAST SET FOR
2019 ETIHAD AIRWAYS F1 ABU DHABI GRAND PRIX

• RM Sotheby’s and Formula One Group to host the first ever international collector car auction in the region at the season-closing 2019 Etihad Airways F1 Abu Dhabi Grand Prix, 30 November

• Landmark partnership will bring the collector car and memorabilia market to F1’s global audience of motorsport fans
• Additional information available at rmsothebys.com

 RM Sotheby’s, the world’s largest auction house for investment-quality automobiles, and Formula 1^®, the commercial rights holder for the world’s largest annual sporting series, are delighted to announce the launch of a global partnership to harness the appeal of two of the world’s premium brands.

The partnership announced today at the Formula 1 Gulf Air Bahrain Grand Prix 2019, marks the start of a multi-year agreement between two global leaders. Over time the partnership is planned to grow in both scope and scale, incorporating both live GP-based sales and online auction capability, providing F1 fans and collector car enthusiasts around the world the chance to acquire their own piece of motorsport and automotive history. 

The focus in the first year of this ground-breaking collaboration will culminate at the season-ending Formula 1 Etihad Airways Abu Dhabi Grand Prix 2019, with a sale of significant cars and memorabilia which will form the region’s first ever major international collector car auction. The auction will take place on the evening of Saturday, 30 November 2019 at the stunning Yas Marina Circuit. The sale will focus on bringing together an expertly curated selection of significant Grand Prix racing machines and road-going sports cars with an historical connection to the world of motorsport, alongside a broader collection of hand-picked, blue-chip classic and supercars.

Announcing the partnership Sean Bratches, Managing Director Commercial Operations, Formula 1®, said:

“Everyone at Formula 1, along with our global community of fans love cars, old and new. The chance to work with RM Sotheby’s is a perfect marriage showcasing the beauty of classic cars alongside the most technologically advanced machinery on the planet. And while, not all of us can drive away with a priceless piece of automotive art, our collaboration gives all the race-goers the opportunity to see these beautiful cars up close over the race weekend. It is going to be another way to deliver on our promise of making the spectacle more spectacular.”

Shelby Myers, Global Head of Private Sales & Car Specialist, RM Sotheby’s, commented:

“Formula 1 has an unrivalled track record for working with some of the world’s most innovative and prestigious international companies. With its passionate global audience of over 560 million fans, and 21 events across five continents each year, F1 provides a unique platform for RM Sotheby’s and the wider Sotheby’s business, to excite, entertain and engage with our global customer base of collectors. 2019 marks our 40^th anniversary and for us there is no better way to celebrate this landmark year than by sharing our love of cars on the biggest stage possible.”

Al Tareq Al Ameri, CEO, Yas Marina Circuit, host of the first event said:

“Collector car and memorabilia interest in the Region is growing, so hosting the first auction of this new collaboration at the Abu Dhabi Grand Prix is perfectly timed. And, of course, this represents yet another first as we continue to harness the power of our Grand Prix as a platform for innovation and fan engagement in Formula 1. We look forward to welcoming the collector car world to Yas Marina Circuit on 30^th November.”

The next RM Sotheby’s auction will take place at Techno Classica Essen, Germany on 11-12 April 2019; with Formula 1 travelling to Shanghai over the same weekend (12-14 April) for the Formula 1 Heineken Chinese Grand Prix.

Additional information on RM Sotheby’s Abu Dhabi Grand Prix auction will be available in the coming weeks. For more information on all RM Sotheby’s events, please visit rmsothebys.com. To speak with a car specialist about entering your important motor car in this exciting inaugural event, please call RM Sotheby’s London office at +44 (0) 20 7851 7070.

For more information about Formula 1 please visit formula1.com.

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FROM MERCEDES-BENZ TO DUESENBERG, COLLECTOR CARS OF ALL KINDS SHINE AT RM AUCTIONS’ $21.7 MILLION AUBURN FALL SALE

FROM MERCEDES-BENZ TO DUESENBERG, COLLECTOR CARS OF ALL KINDS SHINE
AT RM AUCTIONS’ $21.7 MILLION AUBURN FALL SALE

• RM Auctions continues its Auburn Fall tradition with $21.7 million in total sales and 81 percent of all lots sold
• First-year Mercedes-Benz 300 SL Roadster tops sales at $852,500 while ACD trio from Richard L. Burdick Collection brings strong results, led by 1929 Duesenberg Model J Sedan at $737,000
• Four days of auction action and family fun brings tens of thousands of enthusiasts to Auburn Auction Park
• Complete Auburn Fall results at rmsothebys.com
• The RM Sotheby’s Group continues its summer calendar with annual London auction, 5 September

AUBURN, Indiana (4 September 2018) – RM Auctions celebrated a now 48-year Labor Day tradition this past weekend 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, representing a 12 percent increase in sales over 2017.

Collectors and enthusiasts flooded the Auburn Auction Park to view the more than 700 cars on offer and activities for the entire family to enjoy, with record crowds across Thursday, Friday, Saturday, and Sunday. Bidders hailed from 14 countries and 45 states across the U.S., with more than 30 percent representing first-time RM Auctions clientele.

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. The result was closely followed by motor cars from the highly-anticipated Richard L. Burdick Collection, most notably by the 1929 Duesenberg Model J Sedan with period coachwork by Derham/Bohman & Schwartz, which incited a bidding competition between bidders in the room and on the phone before selling for a final $737,000 to a private onsite bidder. The 1929 Auburn 120 Eight Speedster from the collection also saw significant interest, achieving a final $330,000 against a pre-sale estimate of $150k-$200k. Rounding out the ACD trio offered from the collection, the 1930 Cord L-29 Cabriolet exceeded high estimate at $165,000. Additional cars from the Burdick Collection will be offered at RM Sotheby’s Group events across 2018 and 2019.

“It was a fantastic weekend for enthusiasts of all ages in Auburn, and we were thrilled to build on a tradition that brought tens of thousands to the Classic Car Capital of America,” said Gord Duff, Global Head of Auctions, RM Sotheby’s Group. “The auction arena was packed on numerous occasions throughout the weekend, and we saw an increase in sales with fewer vehicles, and a clear increase in the quality of our consignments over last year. We also received great feedback from both buyers and sellers on the change to single-ring auction style, which proved successful in drawing more bidders to each car offered. Our top five Auburn Fall sales demonstrate the success of numerous categories of collector cars in Auburn, from American Classics through European sports cars and modern performance.We look forward to continuing the tradition next year.”

RM Auctions also saw strong results for additional vehicles offered from private collections at Auburn Fall, including for a 2006 Ford GT displaying only 4.4 miles, which sold for a final $357,500 to cheers from the crowd. The Shrine of the Holy Grille Collection, which featured one of the most comprehensive groups of Edsel motor cars in the world, also drew strong interest on Friday, with record prices for the marque achieved. Meanwhile, the 1976 Ford Escort 1100 GL Sedan formerly owned by Saint Pope John Paul II saw interest from collectors both in the room and on the phone, eventually bringing a final $121,000 with proceeds to benefit the O’Quinn Foundation

Auburn continues to be a strong venue for not only American collectibles, but also European classics and exotics. Just a few lots after the 1970 Plymouth Superbird achieved an above-estimate $173,250 on Saturday, a 2011 Porsche 911 Speedster brought in $222,750, nearly hitting its high estimate. Earlier in the sale, spirited bidding in the room brought a professionally restored 1965 Jaguar E-Type Series 1 4.2-Litre Roadster to a final price of $148,500.

RM Auctions Auburn Fall Top Five Sales

Lot 3093	1957 Mercedes-Benz 300 SL Roadster	$852,500
Lot 3161	1929 Duesenberg Model J Sedan	$737,000
Lot 3130	1971 Ferrari 365 GTB/4 Daytona Spider Conversion	$442,750
Lot 3079	2006 Ford GT	$357,500
Lot 3160	1929 Auburn 120 Eight Speedster	$330,000

The RM Sotheby’s Group continues its calendar this week with the company’s 12^th annual London sale, set for 5 September at Battersea Evolution and featuring the 1961 Aston Martin DB4GT driven by legendary actor Peter Sellers in the 1963 film, “The Wrong Arm of the Law”. Looking ahead to fall, all roads lead to Pennsylvania where RM Auctions will return for its annual Hershey sale, 11-12 October, a featured attraction of the AACA Eastern Fall Meet and a proven venue for the sale of important Brass and Classic Era automobiles. Learn more about upcoming events at rmsothebys.com.

Full results from Auburn Fall are also available at rmsothebys.com.