Results: Our 17th annual Arizona auction was again one for the books, highlighted by the 1937 Mercedes-Benz 540 K Special Roadster that sold for $9.9 million before a packed house. The impressive results represent a new benchmark for any automobile sold in Arizona auction week history, breaking the previous record set by RM in 2015. In total, seventeen lots broke the million-dollar mark, with the event generating a total $62.8 million with 85 percent of all lots sold.
The Frank Lloyd Wright-inspired venue once again provided the perfect backdrop for the sale, with the classic beauties dotting the lawn during preview and drawing strong attention from collectors and enthusiasts alike. Each evening, the excitement followed the cars indoors as auctioneer Max Girardo presented over 150 lots to a flurry of bidding. Among other highlights were a Duesenberg Model J Disappearing Top Torpedo Convertible Coupe ($3 million), a Shelby 427 Competition Cobra ($2.25 million), and a Ferrari 275 GTB ($2.1 million).
The collector car auction season always starts on a strong note, with RM Sotheby’s returning to the vibrant grounds of the Arizona Biltmore Resort & Spa in Phoenix on January 28–29 for its 17th annual Arizona sale. The two-day auction will build on RM’s strongest performance in Arizona to date in 2015, an event which generated an incredible $63.7 million in sales, representing a nearly 40 percent increase over 2014. The 2015 event was also witness to the most valuable automobile sold in Arizona auction history: a 1964 Ferrari 250 LM that achieved an outstanding $9,625,000.
RM Sotheby’s 2016 Arizona sale is set to continue the company’s strong track record in Phoenix, as it will present more than 100 blue-chip automobiles from the world’s most iconic marques. The vehicles have been hand-selected by RM’s international team of specialists, and the catalogue will span the spectrum of the market, from pre-war classics through to important sports and racing cars and contemporary supercars.
ADMISSION TO PREVIEW
Admission to the preview is open to the general public.
ADMISSION TO AUCTION Please note, the auction is limited to registered bidders, consignors and qualified media only.
Bidder Registration - $200. Includes an official auction catalogue, and admission for two (2) to the preview and auction.