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Good Results at RM Auction in Fort Lauderdale

admin — Tue, 30 Mar 2010 22:44:23 +0000

The results are in. The RM’s Collector Car Auction of Ft. Lauderdale, closed with strong results! Of a total 365 cars sold, 138 cars were from the O’Quinn car collection. Among the highlights was a 1935 Auburn 851 SC Convertible that set the event’s record with $211,750.

RM’S FORT LAUDERDALE EVENT POSTS SOLID RESULTS

Annual ‘Collector Cars of Fort Lauderdale’ event posts $16 million in sales with 79% of motor cars sold
Motor cars from the estate of Mr. John O’Quinn bring a collective $7 million
Top seller -1935 Auburn 851 SC Convertible Sedan achieves $211,750
RM to offer 12 additional cars from the O’Quinn Collection in Monaco, May 1st

RM Auctions, the world’s largest collector car auction house, completed its second March sale in the Sunshine State with the Collector Cars of Fort Lauderdale event this past weekend at the Broward County Convention Center. In all 365 cars sold achieving $16 million in total sales and a solid 79% percent sell through rate.

“The combination of interested bidders in attendance, on the phone and over the Internet produced an exciting sale in Fort Lauderdale, with many lots surpassing their pre-sale estimates,” said Donnie Gould, RM partner and 30-year veteran of the collector car market.

RM once again represented automobiles from the estate of Mr. John M. O’Quinn. A total of 138 O’Quinn motor cars, all offered without reserve, crossed the block in Fort Lauderdale, representing $6,843,000 million in sales.

The top-seller of the weekend was a well-documented and restored 1935 Auburn 851 SC Convertible Sedan, from the O’Quinn estate, which brought $211,750.

Other high sales include:
a dashing 1931 Cadillac Model 370-A V12 Convertible Coupe for $209,000;
a 2008 Lamborghini Murcielago LP640also for $209,000;
a perfectly restored 1954 Buick Skylark Convertible for $187,000;
a majestic 1935 Packard Twelve Convertible Sedan, from the O’Quinn estate, for $165,000; and,
a high-quality 1969 Ford Boss 429 Mustang, from the O’Quinn estate, for $151,250

ENGINES REVVING FOR RM’S FORT LAUDERDALE COLLECTOR CAR AUCTION

admin — Sat, 20 Mar 2010 14:24:39 +0000

Collector Cars of Fort Lauderdale

- RM Auctions’ annual ‘Collector Cars of Fort Lauderdale’ sale returns March 26th – 28th, 2010

- Eclectic range of over 400 cars on offer, including NASCAR Cup Cars and Detroit muscle.

FORT LAUDERDALE, Florida – Calling all NASCAR fans! RM Auctions, the world’s largest collector car auction house, announces the consignment of cars with a NASCAR connection to its annual ‘Collector Cars of Fort Lauderdale’ event, March 26th – 28th in Florida.

Taking pole position is a 2007 Chevrolet Monte Carlo SS NASCAR, raced by Dale Earnhardt Jr. Challenging for the lead is a 2003 Ford Fusion NASCAR, raced by Mark Martin and David Ragan with many strong finishes, and setting the pace is a low-mileage 2007 Chevrolet Corvette Pace Car Coupe, one of two built for the 2007 Budweiser Shootout at the Daytona International Speedway. The line-up also includes a custom 1969 Chevrolet Camaro SS Coupe, specially built for off-track driving by Dale Earnhardt Jr.

“Regarded as South Florida’s premier collector car event, our Fort Lauderdale auction is shaping up to be an exciting one, offering a diverse selection of over 400 American and European classics, exotic sports cars and Detroit muscle, many without reserve, ” says Donnie Gould, RM partner and a 30 year veteran in the collector car hobby.

“As the nation’s most popular spectator sport, public fascination with NASCAR Cup cars is a strong draw to the event,” he adds.

Other highlights of the sale include a one-off 1964 Chevrolet Corvette Coupe, custom built by General Motors’ stylist Bill Mitchell for industrialist and Indianapolis racing sponsor Ozzie Olson; and a great range of ‘50s and ‘60s classics, including a desirable 1957 Ford Thunderbird “E-Code” Convertible, which was displayed at the Imperial Palace in Las Vegas from 1988 through 2007.

RM’s ‘Collector Cars of Fort Lauderdale’ event will be held at the Greater Fort Lauderdale / Broward County Convention Centre on March 26th – 28th. For further information, please call RM’s Fort Lauderdale Office at +1 954-566-2209 or visit www.rmauctions.com.

Barrett Jackson Palm Beach Schedule

admin — Fri, 19 Mar 2010 14:26:05 +0000

The Barrett-Jackson Auction Company has released a preliminary schedule of events for the 8th Annual Barrett-Jackson Collector Car Auction in Palm Beach. The automotive lifestyle event will take place April 1-3, 2010, at the Americraft Expo Center at the South Florida Fairgrounds. Barrett-Jackson will also host several gatherings in the days leading up to the auction, providing South Florida enthusiasts with more than a week of events surrounding the thriving car collecting hobby. Barrett-Jackson also announced that SPEED will broadcast more than 22 hours of live, high-definition TV coverage of the auction for fans worldwide.

“The Barrett-Jackson Palm Beach event continues to be highly anticipated by collectors in Florida and along the East Coast,” said Craig Jackson, Chairman/CEO of Barrett-Jackson. “At our annual Scottsdale event in January, we once again demonstrated the resiliency and popularity of this exciting hobby. With awareness at an all time high and buyers eager to nab their dream cars, the Palm Beach auction is a ‘can’t miss’ event this spring.”

Prior to the auction kicking off April 1, Barrett-Jackson has planned a series of public events in Palm Beach to celebrate the hobby. These events include a Road Rally, Cruise-In, Barrett-Jackson Night at CityPlace and parties to rev up local enthusiasts.

“At Barrett-Jackson we go above and beyond to create the ultimate experience for car people,” added Steve Davis, president of Barrett-Jackson. “In addition to selling a variety of vehicles in Palm Beach, we plan to make South Florida residents part of our celebration with a Road Rally and Cruise-In for local car clubs and ‘The Party’ for special guests. Then, on April 1, the main event begins with a diverse mix of desirable vehicles crossing the block at No Reserve.”

Barrett-Jackson’s annual Palm Beach event continues to grow in importance and has become a fixture in South Florida. Last year, Barrett-Jackson recorded more than $20 million in sales and welcomed over 55,000 attendees in Palm Beach; the company also raised more than $1.5 million for various local and national charities during the 2009 Palm Beach auction.

Click here for schedule.

RM AUCTIONS CONTINUES STRONG AT AMELIA ISLAND

admin — Mon, 15 Mar 2010 03:06:35 +0000

Automobiles of Amelia Island

- RM posts over $19 million in sales at 12th annual ‘Automobiles of Amelia Island’ auction
- Top-seller: 1930 Duesenberg Model J Sport Berline by Murphy brings $1,705,000
- Four cars sell for more than $1,000,000 each with historic Ferraris dominating top-seller’s list
- RM announces two private collection sales for June 2010

AMELIA ISLAND, Florida - RM Auctions, the official auction house of the Amelia Island Concours d’Elegance, continued its strong track record in Florida this weekend, posting in excess of $19 million in total sales with an impressive 88% sell-through at its 12th annual Automobiles of Amelia Island event.

Returning to the prestigious Ritz-Carlton Hotel, the single-day sale saw 112 cars cross the block before a packed house, with four cars breaking the magic million dollar mark and 15 lots exceeding their pre-sale estimates. The sale once again acted as a prelude to Sunday’s world-famous Amelia Island Concours d’Elegance, where RM President and Chief Operating Officer, Ian Kelleher, returned as a judge and RM presented two awards: The RM Restorations Award for the Best Unrestored Car, and The RM Auctions Trophy for the Best Open Car.

“Simply put, RM Auctions enjoyed unqualified success at this year’s Amelia Island sale,” said Ian Kelleher, President and Chief Operating Officer, RM Auctions.

“World record prices, standing room only attendance and the most outstanding line-up of cars ever offered at Amelia Island, solidified RM’s dominance and long-term standing as the official auction house of the concours weekend. Clients walked away from the auction with a great feeling of confidence as many cars met pre-sale estimates with a number exceeding expectations, illustrating RM’s expertise in the collector car market,” he added.

The top-seller was a supremely elegant 1930 Duesenberg Model J Sport Berline from the estate of noted American collector, the late Mr. John O’Quinn. One of 54 examples offered from the collection at this weekend’s sale, the stunning ‘Whittell Mistress Car’ attracted strong interest on the block, exceeding its pre-sale estimate and selling for an impressive $1,705,000. A second Model J Duesenberg from the collection – a majestic and beautifully restored 1932 Convertible Coupe – realized a final sale price of $825,000.

Other highlights from the O’Quinn Collection included a stunning 1955 Mercedes-Benz 300SL “Gullwing” Coupe, finished in graphite grey with red leather interior for $687,500, and a handsome 1935 Auburn 851SC Speedster for $418,000. Illustrating Mr. O’Quinn’s diverse collecting interests, a unique 1964 Pontiac Bonneville “Hank Williams Jr.” Custom Convertible, built as a promotional vehicle for Hank Williams Jr. by Nudie Cohn, the famed ‘Rodeo Tailor to the Stars,’ attracted spirited bidding to sell for $225,500. An additional 130 examples from the O’Quinn Collection are slated to cross the block later this month at RM’s annual Collector Cars of Fort Lauderdale sale, March 26th – 28th.

Beyond the O’Quinn Collection, RM’s Amelia Island top-seller’s list was dominated by a range of historic Ferraris, continuing the company’s reputation as the leader in the presentation of vintage Ferraris at auction. A striking and multi-award winning Fly Yellow 1967 Ferrari 275 GTB/4 Berlinetta, currently featured in Forza Magazine, was another example to well-exceed its pre-sale estimate, selling for $1,650,000, while a superb, alloy-bodied Four-Cam from the same year, finished in Nocciola and offered for the first time in 30 years, brought $1,265,000. Rounding out the million-dollar-plus sales, a 1971 Ferrari 365 GTB/4 Daytona Spyder, certified by Ferrari Classiche and formerly owned by Edsel B. Ford II, achieved $1,017,500.

RM also provided its auction expertise for the offering of a 1961 Austin-Healey “Sebring Sprite” Vintage Racing Car, donated to the Amelia Island Concours d’Elegance Foundation by long-term supporter and collector Peter McLaughlin, which brought $44,000; and a VIP Weekend at the 2010 Santander British Grand Prix, graciously donated by Daytona 24 Hour winner and GP Driver, Jackie Oliver, which sold for $6,000. Proceeds from both lots benefited the Concours’ Foundation.

“The strong results from RM’s first two sales of the year provide a positive forecast for the collector car market as we look ahead to the busy spring and summer auction seasons,” added Kelleher.

In addition to RM’s annual Meadow Brook and Monterey sales this summer, the company will host two additional sales in June 2010. The first will offer a private collection from the Pate Museum of Transportation near Fort Worth, Texas in early June, closely followed by another private collection sale in Southern California later in the month. Further details on both events, along with results from the Amelia Island sale, will be posted online at www.rmauctions.com.

GOODING DEBUTS IN AMELIA ISLAND WITH WORLD RECORDS

admin — Sun, 14 Mar 2010 15:12:39 +0000

Two New World Records Achieved for the Weekend’s Top-Selling $2.75 Million 1931 Voisin and the $1.705 Million 1961 Porsche RS61

Gooding & Company, the internationally-recognized auction house, garnered more than $16.1 Million* in sales, with a total of 58 out of 71 lots sold, at its inaugural Amelia Island Auction on Friday, March 12, 2010 at the Amelia Island Plantation. The auction’s top-seller was the star 1931 Voisin Mylord Demi-Berline that sold for $2.75 Million, an outstanding sale and world record for the Best of Show 2009 Amelia Island Concours d’Elegance winner.

“One of my favorite moments at this auction was watching the incredible 1931 Voisin Mylord Demi-Berline set a world record up on our stage,” says David Gooding, president and founder of Gooding & Company. “With more than $16.1 Million in total sales this evening and a strong showing by many of our collectors and clients, I am very pleased with the results from our debut Amelia Island Auction.”

Many collectors and enthusiasts from around world attended and expressed their enthusiasm for Gooding & Company’s new presence in Florida, eager for the auction house to build Amelia Island into its annual auction calendar as a permanent fixture. The highly respected classic car collector Michael Schudroff stated, “Gooding & Company did a wonderful job this evening…The presentation and production was high class and a great crowd attended. We definitely look forward to seeing them in Amelia Island next year.”

In addition to the top-selling 1931 Voisin C20 Mylord Demi-Berline, two other cars sold for more than $1 Million on Friday evening: the 1961 Porsche RS61 at $1.705 Million (Lot 55) and the 1932 Bugatti Type 50 Drop Head Coupe at $1.1 Million (Lot 66). The excitement of Gooding & Company’s debut Amelia Island Auction is an outstanding achievement following the success of its last two auctions, which collectively garnered an outstanding $85 Million for 243 collector cars sold at both the 2010 Scottsdale Auction and 2009 Pebble Beach Auction.

Gooding & Company’s Top 10 Amelia Island Auction sales*:

• 1931 Voisin C20 Mylord Demi-Berline at $2.75 Million (Lot 30) • 1961 Porsche RS61 Spyder at $1.705 Million (Lot 55) • 1932 Bugatti Type 50 Drop Head Coupe at $1.1 Million (Lot 66) • 1928 Bugatti Type 35C Grand Prix at $900,000 (Lot 9)

• 1965 Ferrari 500 Superfast at $814,000 (Lot 16) • 1939 Alfa Romeo 6C 2500 SS Berlinetta Aerodinamica at $748,000 (Lot 57) • 1959 Mercedes-Benz 300 SL Roadster at $671,000 (Lot 35) • 1968 Ferrari 330 GTS at $627,000 (Lot 47) • 1931 Bentley 8-Litre Tourer at $605,000 (Lot 45) • 1933 Cadillac V-8 355-C Dual-Cowl Phaeton at $385,000 (Lot 39)