rmauctions

Multimillion-$ Ferraris Star in Italy Auction

Filed under: Luxury Cars & Autos, Auctions

In addition to the rare 1957 Testa Rossa which we told you about in February, there are several other beautiful multimillion-dollar Ferraris being auctioned off by RM Auctions in Italy on May 17. Many of the cars in the stunning Ferrari: Leggenda e Passione sale, the only auction exclusively dedicated to the Ferrari marque, held within the Maranello factory grounds and endorsed by the Ferrari factory, are from the esteemed private Edgar Schermerhorn Collection. Highlights include a 1959 250GT SWB Berlinetta Speciale Bertone, estimated at $3 million - $3.8 million; a 1959 250GT California LWB, est. at $2.6 million - $3.3 million; a 1964 250 GT Berlinetta Lusso Competizione (above), est. at $1 million - $1.5 million; and a 1966 275 GTB Alloy, est. at $1 million - $1.25 million.

Tags: Ferrari, Italy, RM Auctions, RmAuctions

Classic Ferraris & More in Amelia Island Auction

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions, Events

On Saturday, March 14, RM Auctions is staging its Automobiles of Amelia Island sale at the Ritz-Carlton in Amelia Island, Florida, featuring several gorgeous vintage Ferraris, Bugattis and more. The auction coincides with the Amelia Island Concours d'Elegance and features some of the event's former prizewinners. The down economy is reflected in significantly lower estimates, a boon to collectors who still have some cash, as the rarity of the vehicles means they're more than likely to increase in value.

The top draw is a 1959 Ferrari 250 GT LWB California Spider, estimated at $2.4 million - $2.9 million, one of only 50 made. There's also a beautiful 1966 Ferrari 275 GTB/4 (above), estimated at only $700,000 - $900,000. Among the Bugattis on offer is a 1939 Type 57 C Faux Cabriolet 'Charmaine', est. at $550,000 - $750,000, and a 1936 Type 57 Stelvio, est. at $350,000 - $450,000. Also worth noting is the ex-Le Mans 1963 AC Cobra, est. at $1 million - $1.4 million. See the gallery for pix.

[via JustLuxe]

Gallery: Amelia Island 2009

1959 Ferrari 250 GT LWB California Spider

Tags: AC Cobra, AcCobra, Bugatti, Classic cars, ClassicCars, Ferrari, Florida, Le Mans, LeMans, Ritz-Carlton, RM Auctions, RmAuctions

Big Auto Auction Has Disappointing Results

by Deidre Woollard (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

For a while now, classic cars, like other auction markets have been going up, up, up. But has an end been reached. A 1963 Ferrari 250 GT SWB California Spyder was expected to be a big seller at the Automobiles of London event held by RM Auctions and comprehensively delineated by my colleague Jared Paul Stern earlier this month.

After all the red beauty is one of the last three short-wheel-base examples of the 250 GT California Spyder built and is was driven by Cameron Diaz in a ``Charlie's Angels'' movie. It had a presale estimate of 3 million pounds ($5 million) and as Bloomberg reports it didn't sell. The sale, which was held in association with Sotheby's, raised 14.7 million pounds way short of the low estimate of 20 million and also off of the 18 million pounds the sale earned last year.

Right after the ``Charlie's Angels'' Spyder failed to sell a silver 1997 McLaren F1 sports car sold for 2.5 million pounds, more than double its 1.1 million-pound low estimate. Overall though the news wasn't promising and 30 percent of the 129 lots were unsold. The auction house had asked some consignors before the sale to cut the reserve prices on their lots, predicting a poor sale to the economy. Some agreed to make an adjustment. Another item in the sale, a blue 1955 Ford Thunderbird, once owned by Hollywood actor John Travolta, who starred in the 1950s-inspired movie ``Grease,'' sold for 18,700 pounds against expectations of 20,000 pounds-to-30,000 pounds.

Source

Tags: ferrari, ferrari california, FerrariCalifornia, rm auctions, RmAuctions

Multimillion $ Ferraris & More in London Sale

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

On October 29, RM Auctions will present an amazing collection of classic sports cars, including several stunning multimillion dollar Ferraris, at their Automobiles of London event. The star of the sale is a highly-prized 1963 Ferrari 250 GT SWB California, estimated at $5 million - $6 million. Other hot-ticket Ferraris on the London block include a 1965 250 LM Berlinetta, est. $4.3 million - $4.8 million; a 1959 250 GT Tour de France Berlinetta, Est. $3 million - $3.8 million; and a gorgeous black 1968 275 GTB/4 Berlinetta (above), est. $1.3 million - $1.4 million. Also on offer is the ex-Park Lane 1997 McLaren F1, the last roadgoing F1 ever produced, est. $1.9 million - $2.4 million; and an ultra-rare 1938 Bugatti Type 57C Atalante, est. $970,000 - $1.1 million. See the gallery for pix.

Gallery: RM London Autos

1959 Ferrari 250 GT Tour de France Berlinetta

1963 Ferrari 250 GT SWB California Spyder

Tags: Bugatti, Ferrari, London, McLaren, Rm Auctions, RmAuctions

Rare '37 Bugatti Sells for Record-Breaking $7.9 Million

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

A rare 1937 Bugatti Type 57SC Atalante Coupe sold for $7.92 million at Gooding & Co.'s auto auction (that we recently reported on) during the annual Pebble Beach Concours d'Elegance in California over the weekend - the highest price ever paid for an automobile at auction in the U.S.A. The car was part of the Dr. Peter and Susan Williamson Collection, billed as the world's finest assemblage of Bugattis, several of which fetched high prices at the sale. The next highest price at the Gooding & Co. event was a 1950 Ferrari 166 MM Berlinetta Le Mans, which fetched $2.2 million. Meanwhile, at RM Auctions' similar sale during the classic car event, which we told you about earlier this month, a 1961 Ferrari 250GT SWB Berlinetta brought in an impressive $4.5 million.

Tags: Bugatti, California, Ferrari, Gooding Company, GoodingCompany, Pebble Beach, PebbleBeach, RM Auctions, RmAuctions

Multimillion Dollar Ferraris Up for Auction in Monterey

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

On Aug. 15th and 16th RM Auctions is staging its 23rd annual Sports & Classics sale during the famed Monterey Auto Week in California, featuring 15 milestone Ferraris and more. In May, RM set a new world record for the most expensive car ever sold in auction history: $11 million for a 1961 Ferrari 250 GT SWB California Spyder formerly owned by actor James Coburn. Starring in the Monterey sale is a very similar car, a 1961 250 GT SWB Berlinetta, which is estimated at $3.7 million - $4.2 million but could well go for much more (the Coburn car sold for nearly double its estimate).

Also on offer: a 1962 400 Superamerica Coupe Aerodinamica, est. $1.5 million - $2 million, one of only 17 made; a 1967 275 GTB/4 Berlinetta, est. $1.6 million - $1.8 million; a 1973 365 GTB/4 Daytona Spider, est. $1.4 million - $1.6 million, one of the last examples ever produced; a 1965 Ferrari GTB/6C Berlinetta, est. $800,000 - $1 million, pictured above; and a 1964 250 GT Lusso Berlinetta finished in green, est. $700,000 - $800,000.

Gallery: Milestone Ferraris at Monterey

1962 400 Superamerica Coupe Aerodinamica

Tags: Classic cars, ClassicCars, Ferrari, Monterey, Monterey Auto Week, MontereyAutoWeek, RM auctions, RmAuctions

Benz, Bugatti & Jag at Meadow Brook Auto Auction

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

On August 2nd, RM Auctions will sell of a stunning selection of classic cars, including a coveted Mercedes-Benz Gullwing (above), at the annual Meadow Brook Concours d'Élegance in Michigan. The event takes place at Meadow Brook Hall, the historic 110-room Tudor Revival mansion built in the 1920s by auto heiress Matilda Dodge Wilson. In May, RM set a world record by selling the 1961 Ferrari formerly owned by James Coburn which we wrote about for $11 million.

The Mercedes, a beautiful black 1956 300SL, is estimated at $575,000 - $675,000. We prefer it to the other, slightly more expensive Mercedes on offer, a 1936 500K three-position drophead coupe by Corsica, est. $600,000 - $750,000. Also included in the stunning sale: a 1937 Bugatti Type 57 Ventoux Coupe, est. $475,000 - $575,000; a 1930 Isotta-Fraschini 8A Convertible Sedan by Castagna, similar to the one featured in Sunset Boulevard, est. $400,000 - $600,000; and a 1954 Jaguar XK 120SE Roadster, est. $80,000 - $110,000. See the gallery for more.

Gallery: RM Meadow Brook

Tags: Bugatti, Classic cars, ClassicCars, Ferrari, Isotta-Fraschini, Jaguar, Meadow Brook Concours, Meadow Brook Hall, MeadowBrookConcours, MeadowBrookHall, Mercedes, Mercedes Gullwing, Mercedes-Benz, MercedesGullwing, Michigan, RM Auctions, RmAuctions

Astor Collection Auto Auction This Weekend

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

Renowned entrepreneur and broadcast veteran Art Astor is selling off part of his famous car collection in Anaheim, California this weekend. The sale, conducted by RM Auctions, mainly features American cars with a few classic imports of the kind we're partial to thrown in. We're particularly fond of this 1970 Jaguar XKE Series II Roadster, for example, which with an estimate of only $40,000 - $60,000 is something of a bargain. Also included in the sale: a 1927 Rolls-Royce Phantom I "Playboy" roadster which was used as a movie car and has been driven by Bette Davis and Robert Redford, est. $175,000 - $250,000; a 1968 Jaguar XKE Series I.5 2+2 Fixed Head Coupe, est. $30,000 - $40,000; a 1961 Jaguar XK150 3.8 Roadster, est. $80,000 - $120,000; a rare 1941 Chrysler Town & Country Nine-Passenger Estate "woody" wagon, est. $250,000 - $300,000; and a 1954 Chevrolet Corvette Roadster. est. $125,000 - $150,000. See the gallery for pix, and place your bids online at LiveAuctioneers.com.

Gallery: Astor Auto Auction

1927 Rolls-Royce Phantom I Playboy Roadster

Tags: Art Astor, ArtAstor, Astor Collection, AstorCollection, California, Corvette, Jaguar, RM Auctions, RmAuctions, Rolls-Royce

Diablo Concept Car To Be Auctioned Off

by Deidre Woollard (RSS feed) —

Filed under: Luxury Cars & Autos

The one-of-a-kind 1957 Chrysler Diablo concept car is unlike anything I've ever seen. It's a long sleek convertible which will be auctioned off at Monterey's famed classic car weekend this August by RM Auctions. The Diablo is one hot devil car, note the little pitchfork on the side . It was conceived by Chrysler's design head, Virgil Exner and built by Italian coachbuilder Ghia on a 1955 Chrysler 300 series chassis and Chysler invested over $250,000 in the project back then. It was a featured concept car for the 1957 US auto show circuit. At 22 feet in length this one must be a little difficult to take around corners. The car has been in the care of one owner for 25 years. It is estimated to sell for $2.5 to $3 million.

The ultra-rare Diablo will join several other European styled sports and racing cars and several classic American luxury automobiles at RM Auctions' Monterey auction "We have assembled the greatest collection of sports and classic cars ever brought together on the Monterey Peninsula," said Ian Kelleher, Managing Director of RM Auctions. "The Diablo is simply the holy grail of all concept cars in its era. Its upcoming auction in Monterey has received considerable international interest due to its rarity and the fact that concept cars are a featured highlight of this year's world famous Pebble Beach Concours d'Elegance," he added.

Admission to the Sports & Classics of Monterey is $40 per person and an auction catalog is available for an additional $100 including shipping and handling within North America.

Gallery: Diablo

Source

Tags: chrysler car, ChryslerCar, concept car, ConceptCar, diablo, rm auctions, RmAuctions

Joe's Garage Vintage Car Auction

by Deidre Woollard (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions

Southern California is often heaven for vintage cars, no harsh weather to break them down and long straight roads for driving. On June 14, RM Auctions will present one of the great Southern California collections, the one belonging to the late Joe MacPherson. MacPherson was a passionate car enthusiast who spent his life devoted to buying, selling and restoring collectible automobiles which he kept at 'Joe's Garage' - a private automotive museum and banquet facility in Tustin, California. The auction will feature 50 historic motor cars for sale, in addition to selected memorabilia and a 25 outstanding motorcycles.

Highlights of the collection include the record-holding 1954 Chrisman Ford Bonneville Coupe, built by the famous Chrisman brothers; a 1957 McCluskey Sprint Car "Tamale Wagon", which won over 120 races and four California Racing Association championships; a 1966 Gurney Eagle Indy Car, which is considered amongst the most beautiful and inspiring of all Gurney Eagles ever built; and a multiple race-winning 1992 Chevrolet Lumina formerly owned by the legendary Dale Earnhardt. The big ticket of the auction is one of the most important Miller racing cars in existence, the supercharged 1923 Miller 122. Badged number 2, this example was driven by such racing greats as Eddie Hearne, Ira Vail, Earl Cooper and Bill Albertson. Following its retirement from racing and a full restoration, this car was awarded 'Best in Class' at the 2006 Pebble Beach Concours d'Elegance. It is estimated to sell fro $900,000 to $1.2 million.

Gallery: RM Auction Joe's Garage Auction