The RM Sotheby’s Amelia Island 2015 auction was held Saturday, March 14th on the grounds of the Ritz-Carlton Hotel in Amelia Island, Florida, resulting in $60,360,050 in total sales. This result represents not only the highest total ever for a sale held during the Amelia Island week, but also exceeds the combined total of all other auctions this week, reaffirming RM Sotheby’s clear market leadership. The incredible 98 percent sell-through rate, which includes 13 individual million-dollar-plus results, is a testament to RM’s reputation for offering best-of-category automobiles.
The top result of the day and of the 2015 Amelia Island Concours d’Elegance week was the 1960 Ferrari 400 Superamerica SWB Cabriolet, chassis no. 1945 SA, that achieved $6,380,000 to set a new record for the model at auction. Proceeds from car’s sale will benefit the consignor’s charity for the education of children.
Additional lots garnering strong prices included the 1972 Ferrari 365 GTB/4 Daytona Spider, realizing $3,300,000; a 1972 Ferrari 365 GTC/4, bringing a record $495,000, and the “Condo Find” 1971 Ferrari 365 GTB/4 Daytona Berlinetta, achieving $770,000.
Notable highlights also included the rare, six-speed manual 2007 Ferrari 599 GTB, which nearly tripled its pre-sale estimate at $682,000, a record for the model. A pair of Ferrari 512 models also exceeded expectations, with the 1995 F512 M selling for $462,000 and the 1980 512 BB garnering $418,000.
Ferrari wasn’t the only high performing marque of the sale, with prices for fantastic Porsche 911s continuing to rise. Amongst numerous examples, a 1973 911 Carrera RS 2.7 Touring sold for $891,000, a 1988 911 Turbo ‘Slant Nose’ Cabriolet for $363,000, and a 1979 911 Turbo brought $253,000.
Japanese collectibles also continue to make waves in the collector car market, with the much-talked-about 1970 Nissan Fairlady Z 432 surpassing its estimate to bring a record-breaking $253,000.
The 2015 Amelia Island Concours sale was the first RM Sotheby’s event since RM Auctions and Sotheby’s formed a strategic partnership in February.