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RM Auctions‘ and Sotheby’s New Art of the Automobile sale in New York Achieved $63 Million in Two Hours

RM Auctions and Sotheby’s Art of the Automobile sale achieved $62,797,500 of sales in just over two hours of bidding, so rightly can be regarded as one of the most incredible collector car auctions of all time. The higlight of the sale was historic 1964 Ferrari 250 LM by Carrozzeria Scaglietti which was sold for $14,3 million while the stunning 1938 Talbot-Lago T150-C SS Teardrop Cabriolet by Figoni et Falaschi went for $7,150,000. The third highest seller of the night was the unique 1959 Ferrari 250 GT SWB “Competition” Berlinetta Speciale, one of the greatest dual-purpose sports racing cars of all time, with bespoke coachwork by Bertone, which achieved $7,040,000.

1964-Ferrari-250-LM-by-Carrozzeria-Scaglietti-1
1964 Ferrari 250 LM by Carrozzeria Scaglietti

New Art of the Automobile sale, held in New York on 21 November offered 31 hand-picked automobiles, two motorcycles and seven pieces of artwork, attracting bidders from 17 countries, 15 percent of whom represented clients who had never participated in an RM sale.

Rob Myers, CEO and Founder of RM Auctions, says: “Working with Sotheby’s, we set out to create the finest automobile auction that there has ever been. Our aim has been to raise the bar and set a completely new standard for quality and presentation, and I am delighted to say that these amazing results have proven it a great success. What we have established here in New York is a complete demonstration of how to bring some of the world’s rarest and most exceptional automobiles to market, in both an exciting and visually arresting way. Furthermore, the sale has successfully brought many new collectors into the market for the first time, which is fantastic news for our hobby.”

1959-Ferrari-250-GT-SWB-Competition-Berlinetta-Speciale-1
1938 Talbot-Lago T150-C SS Teardrop Cabriolet by Figoni et Falaschi

1938-Talbot-Lago-T150-C-SS-Teardrop-Cabriolet-by-Figoni-et-Falaschi-5
1959 Ferrari 250 GT SWB “Competition” Berlinetta Speciale

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Written by Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.

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