Experience the epitome of automotive elegance and luxury as RM Sotheby’s steals the spotlight at ModaMiami’s debut event, setting a dazzling record with over $50 million in sales. The auction, held at the iconic Biltmore Hotel in Coral Gables, Florida, on March 1-2, 2024, witnessed a spectacular showcase of rare and iconic vehicles, making it a must-attend gathering for automotive and lifestyle aficionados worldwide.
Auction Highlights: Classic Beauties and Supercar Marvels RM Sotheby’s curated an automotive history museum on wheels, featuring everything from Duesenbergs and muscle cars to iconic supercars like the Ferrari F40. Standout lots included the 1953 Ferrari 250 Europa Coupe by Vignale, fetching a staggering $4.295 million, and the 1930 Duesenberg Model J ‘Disappearing Top’ Convertible Coupe by Murphy, capturing hearts with a sale price of $3.855 million. The auction achieved an impressive sell-through rate of 84%, solidifying its success.
Unveiling Records and Milestones The ModaMiami event saw the establishment of new records in the automotive world. Notable sales included the 1966 Porsche 906 Carrera 6, setting a new record at $2.205 million, and the 2010 Bugatti Veyron 16.4 Grand Sport ‘Sang Bleu,’ surpassing expectations with a sale price of $3.085 million. The 1953 Ferrari 250 Europa Coupe by Vignale also secured its place in history by shattering the previous world record for the model by an impressive $995,000.
Top 10 Lots Sold: A Glimpse into Luxury Explore the epitome of automotive luxury with the top 10 lots sold at ModaMiami, featuring iconic names like Ferrari, Bugatti, and Duesenberg. The list includes the 1990 Ferrari F40, 1963 Mercedes-Benz 300 SL Roadster, and the timeless 1939 Mercedes-Benz 540 K Special Cabriolet A by Sindelfingen.
ModaMiami: Beyond Cars, a Lifestyle Extravaganza With over 8,000 attendees, ModaMiami made a grand entrance on the luxury lifestyle scene, showcasing over 250 of the world’s rarest automobiles. From exclusive dining experiences by celebrity chef Mario Carbone to scenic drives through Coral Gables and Coconut Grove, ModaMiami offered a unique blend of automotive excellence and luxury living.
The Special Silver Arrow: A Symbol of Excellence A highlight of the event was the legendary 1954/55 Mercedes-Benz “Silver Arrow,” previously raced by Juan Manuel Fangio. This iconic vehicle, making a special appearance from the Mercedes-Benz Museum in Germany, left an indelible mark on ModaMiami, underlining the special relationship between RM Sotheby’s and Mercedes.
ModaMiami’s Success and Future Aspirations With RM Sotheby’s and ModaEvents excited about the future, the inaugural ModaMiami event exceeded expectations, captivating enthusiasts and collectors alike. The festivities, including the Moda Drive, Magic Hour at Moda, and the Concours de Nuit, showcased the diversity and allure of luxury living and automotive excellence.
Embark on a journey into the world of luxury and automotive sophistication with RM Sotheby’s at ModaMiami—an event that has undoubtedly secured its place as a must-attend gathering for those passionate about the finer things in life.
