RM Auctions kicked off the 2008 collector car calendar in grand style last week at the Automobiles of Arizona auction in Phoenix. A 93% sales rate was acheived with 88 of the 95 investment quality automobiles sold.
Prewar cars dominated the top-sellers list with a 1934 Packard Twelve Coupe and a 1936 Mercedes-Benz 540K Special Cabriolet selling for $2,035,000 each, while a 1929 Duesenberg Model J Dual Cowl Phaeton with coachwork by LeBaron brought $1.76 million.
The sports and racing segment of the market also continued to prove strong, with a 1963 Shelby AC Cobra attracting a top bid of $1,732,500 and a rare 1966 Ferarri 275 GTB selling for $1,375,000.
Next month, RM Auctions will head to Florida for the much anticipated Collector Cars of Fort Lauderdale auction.
Join us February 15th - 17th at the Fort Lauderdale/Broward County Convention Center to peruse an outstanding selection of vintage motor cars, many of which are being offered without reserve.
Click here to visit our website and view the current car list, along with photographs and descriptions.
The Wayne Davis Collection to Make Auction Debut
The focus of the collector car world will shift to Dallas/Fort Worth, Texas in April, as RM Auctions proudly presents the private collection of Mr. Wayne Davis.
Tentatively scheduled for April 19th, this exciting no reserve sale will offer approximately 90 classic automobiles, as well as 50 lots of automotive-themed memorabilia at auction.
