{"id":5570,"date":"2012-12-20T19:44:46","date_gmt":"2012-12-21T02:44:46","guid":{"rendered":"http:\/\/www.westerndriver.com\/?p=5570"},"modified":"2013-01-20T18:00:51","modified_gmt":"2013-01-21T01:00:51","slug":"rm-auction-group-enjoys-record-360m-sales-in-2012","status":"publish","type":"post","link":"https:\/\/www.westerndriver.com\/?p=5570","title":{"rendered":"RM auction group enjoyed record $360M sales in 2012"},"content":{"rendered":"

The RM group of companies, incorporating RM Auctions and Auctions America, continued its successful sales run in 2012, generating more than $360-million (all prices quoted in U.S. dollars and inclusive of buyers\u2019 premium) in total sales to cement its position as the world\u2019s largest collector car auction company. Eclipsing its record-setting performance of 2011, the 2012 results represent an all-time high for the hobby and include the sale of more than 3,000 vehicles at 20 separate events in four countries.<\/p>\n

\"\"<\/a>This majestic 1935 Duesenberg Model J Sedan sold for $456,500 at Auctions America\u2019s flagship 2012 Auburn Fall Collector Car Weekend. The 2012 event attracted more than 52,500 enthusiasts to the historic Auburn Auction Park (Photo: Andrew N. Smith \u00a9 courtesy Auctions America) <\/em><\/strong><\/p>\n

Highlights & Records<\/em><\/strong><\/p>\n

\u201cHistoric races, historic results\u201d best describes RM\u2019s greatest auction moments of 2012, with the company enjoying its top performances of the season in the motorsport meccas of Monaco and Monterey.<\/p>\n

Headlining this year\u2019s European sales, RM made a triumphant return to Monaco in May for its biennial sale during the Grand Prix de Monaco Historique weekend.<\/p>\n

Besting its record-setting debut performance of 2010, the two-day auction realized a spectacular $43-million to claim the title as one of Europe\u2019s highest grossing collector car sales of all time, and most certainly the highest grossing collector car auction in Europe this year.<\/p>\n

Back in North America, the company\u2019s flagship sale in Monterey, California, held during the famous Pebble Beach Concours d\u2019Elegance week, also posted exceptional results, with a spectacular $96-million in total sales and 90 per cent of all lots sold. The impressive results represent the highest individual auction tally in RM history, and significantly, an almost 20 per cent increase on its 2011 Monterey sale, generated no less by a smaller, more elite offering, as RM continued to focus on the top-tier of the market.<\/p>\n

It was at the Monterey sale when RM achieved its top sale of the 2012 season: a 1968 Ford GT40 Gulf \/ Mirage Lightweight Racing Car<\/em><\/strong>, used extensively as the camera car in Le Mans<\/em>, which sold for $11-million to set a new world record as the most expensive American automobile ever sold at auction.<\/p>\n

In addition, RM achieved many other new auction records in 2012. Notable highlights include:<\/p>\n

–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 a 1955 Ferrari 410 S Berlinetta<\/em><\/strong> for $8,250,000 \u2013 world record for a closed Ferrari sold at auction;<\/p>\n

–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 a 1957 Ferrari 625 TRC Scaglietti Spider<\/em><\/strong> for $6,526,800 \u2013 world record for a 625 TRC at auction;<\/p>\n

–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 a 1939 Horch Erdmann & Rossi Special Roadster<\/em><\/strong> for $5,170,000 \u2013 world record for a Horch sold at auction;<\/p>\n

–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 a 1912 Oldsmobile Limited Five-Passenger Touring<\/em><\/strong>for $3,300,000 \u2013 world record for an Oldsmobile sold at auction;<\/p>\n

–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 a 1952 Ferrari 225 Sport Spyder \u2018Tuboscocca\u2019<\/em><\/strong> for $3,263,400 \u2013 world record for a 225 S at auction;<\/p>\n

–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 a 1953 Bentley Continental R-Type Fastback Sports Saloon<\/em><\/strong> for $1,622,500 \u2013 world record for a Bentley Continental R-Type at auction; and<\/p>\n

–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 a 1969 Alfa Romeo Tipo 33\/3 Sports Racer<\/em><\/strong> for $1,595,440 \u2013 world record for an Alfa Tipo 33 at auction.<\/p>\n

Single-Owner Collections<\/em><\/strong><\/p>\n

Highlighting the 2012 private collections calendar was the magical Milhous Collection, presented by RM in association with Sotheby\u2019s. The result of more than 50 years of collecting by brothers Robert & Paul Milhous, the auction\u2014which featured a wonderful series of automobiles, mechanical musical instruments, and collectibles\u2014enjoyed extraordinary success, generating more than $38 million to set a new benchmark for this type of private collection sale.<\/p>\n

RM Europe hosted its first standalone single-vendor sale in 2012, lifting the gavel on Denmark\u2019s famed Aalholm Automobil Museum. Attracting unprecedented interest from around the world, thousands of enthusiasts descended on the southern Danish island of Lolland for the single-day auction, with a three kilometre traffic queue to simply gain access to the venue. Total sales exceeded $12.9-million with fierce national interest in the collection leading to numerous lots far exceeding expectations.<\/p>\n

RM will further consolidate its reputation as the specialist for private and estate collection sales in 2013 with two single-vendor sales already confirmed: the Bruce Weiner Microcar Museum sale, February 15\u201316 in Madison, Georgia and the Don Davis Collection, April 27, in Fort Worth, Texas.<\/p>\n

Global Reach & Expansion<\/em><\/strong><\/p>\n

RM continued to expand its international network of clients in 2012 with entries handpicked from 24 countries around the world and bidders hailing from 56 countries. Worthy of special mention were a strong showing of enthusiasts from booming markets in the United Arab Emirates, the Russian Federation, India, China, Brazil and Australia, highlighting the effectiveness and reach of RM\u2019s global marketing campaigns.<\/p>\n

The growth of the private and estate collection division also supported client growth, specifically the Aalholm Automobil Museum in Denmark, and more recently, the John Staluppi Cars of Dreams Museum in Florida, where 85 per cent and 52 per cent of bidders, respectively, represented first time clientele. Repeat clientele were also joined by high levels of new interest, with 35 per cent of bidders at the company\u2019s Monaco auction representing new clientele, while almost 25 per cent of bidders at RM\u2019s annual London sale were first-time participants.<\/p>\n

In addition, RM also enjoyed an expanded international footprint in 2012, establishing a new office in the Los Angeles area to increase the company\u2019s presence in important markets and enable it to continue to deliver the unparalleled client service for which it is known.<\/p>\n

Auctions America <\/strong><\/p>\n

Headlining Auctions America\u2019s 2012 season was the highly successful Auburn Fall Collector Car Weekend, held during the famed Auburn Cord Duesenberg Festival. This year\u2019s Labor Day Weekend sale marked Auctions America\u2019s largest event to date, with total sales surpassing $18.6-million and 76 per cent of all lots sold. Reflecting the event\u2019s steady and consistent growth over the past three years, more than 52,500 enthusiasts turned out to the historic Auburn Auction Park across the Labor Day Weekend, helping put Auburn \u201cback on the map\u201d as the Classic Car Capital of America. More than one-third of registered bidders represented new clientele.<\/p>\n

In addition to its flagship Auburn Fall and spring sales, the 2012 Auctions America calendar also included successful sales in Fort Lauderdale, Florida, and Carlisle, Pennsylvania, where the team continued its partnership with Carlisle Events to deliver an ultimate automotive weekend experience.<\/p>\n

Like RM Auctions, Auctions America also continued to demonstrate its expertise in the handling of private and estate collections in 2012, hosting two standalone single-vendor sales in addition to presenting a number of collections as featured attractions at its mainstream events. The Terry Bennett Collection and the National Military History Museum sales both enjoyed 100 percent sell-through rates, with more than 50 per cent of bidders at each event representing first-time participants.<\/p>\n

Continuing its mission to host events in the country\u2019s leading automotive destinations, Auctions America will expand its national event calendar in 2013 with the addition of a new sale in Burbank, California, August 2\u20134.\u00a0 In addition, the Company\u2019s Auburn Spring event will expand to incorporate the Antique Automobile Club of America\u2019s inaugural Central Division National Spring Meet. Further information on both of these exciting events will be unveiled in early 2013.<\/p>\n

2013 Auction Schedules<\/span><\/strong><\/p>\n

Following their most successful auction seasons to date, both RM Auctions and Auctions America look forward to continuing the momentum in 2013 with another exciting calendar of events. In addition, the companies\u2019 expert team of specialists will continue to participate in a wide range of hobby events, including Cavallino, Retromobile, the 25th<\/sup> anniversary of the Colorado Grand, and Schloss-Dyck Classic Days, among others.<\/p>\n

RM Auctions<\/strong><\/p>\n

January 18\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Phoenix, Arizona<\/p>\n

February 15\u201316\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The Bruce Weiner Microcar Museum \u2013 Madison, Georgia<\/p>\n

March 9\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Amelia Island, Florida \u2013 The official auction of the Amelia Island Concours d\u2019Elegance<\/em><\/p>\n

April 27\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The Don Davis Collection \u2013 Fort Worth, Texas<\/p>\n

May 25\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 RM at the Concorso d\u2019Eleganza Villa d\u2019Este \u2013 Cernobbio, Italy \u2013 The official auction of the Concorso d\u2019Eleganza Villa d\u2019Este<\/em><\/p>\n

July 27\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Plymouth, Michigan \u2013 The official auction of the Concours d\u2019Elegance of America at St. John\u2019s<\/em><\/p>\n

August 16\u201317\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Monterey, California<\/p>\n

September\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 London, England<\/p>\n

October 10\u201311\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Hershey, Pennsylvania<\/p>\n

Auctions America <\/strong><\/p>\n

March 22\u201324\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Fort Lauderdale, Florida<\/p>\n

April 25\u201326\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Spring Carlisle \u2013 Carlisle, Pennsylvania<\/p>\n

May 9\u201311\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Auburn Spring Collector Car Weekend \u2013 Auburn, Indiana<\/p>\n

August 2\u20134\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Burbank, California<\/p>\n

August 29\u2013Sept. 1\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Auburn Fall Collector Car Weekend \u2013 Auburn, Indiana<\/p>\n

October 3\u20134\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Fall Carlisle \u2013 Carlisle, Pennsylvania<\/p>\n

November \u2013 December\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 To Be Announced<\/p>\n

For further information and 2013 auction dates, visit rmauctions.com<\/a>, find on Facebook, or follow on Twitter @rmauctions.<\/p>\n


\u00a0\"\"<\/a><\/em><\/strong><\/p>\n

Bidding in progress on the 1957 Ferrari 625 TRC Scaglietti Spider at RM\u2019s 2012 Monaco sale. The car sold for an impressive $6,526,800 <\/em><\/strong>\u2013<\/em><\/strong> world record for a 625 TRC at auction (credit: Simon Clay \u00a9 2012 courtesy RM Auctions)<\/em><\/strong><\/p>\n

\u00a0<\/em><\/strong><\/p>\n


\n<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The RM group of companies, incorporating RM Auctions and Auctions America, continued its successful sales run in 2012, generating more than $360-million (all prices quoted in U.S. dollars and inclusive of buyers\u2019 premium) in total sales to cement its position as the world\u2019s largest collector car auction company. Eclipsing its record-setting performance of 2011, theRead Full Story<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-5570","post","type-post","status-publish","format-standard","hentry","category-auctions"],"_links":{"self":[{"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/posts\/5570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5570"}],"version-history":[{"count":5,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/posts\/5570\/revisions"}],"predecessor-version":[{"id":5702,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=\/wp\/v2\/posts\/5570\/revisions\/5702"}],"wp:attachment":[{"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.westerndriver.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}