fbpx
HomeThe MarketRM Sotheby’s online auction exceeds $5 million with 89 percent sold

RM Sotheby’s online auction exceeds $5 million with 89 percent sold

Collector cars and memorabilia items spark bidding from 34 countries

-

RM Sotheby’s recent online auction Open Roads realized more than $5 million in sales and an 89 percent sell-through rate for its offering of 77 collector cars and 300 lots of memorabilia. 

The auction, which concluded November 20, received more than 3,800 bids, RM Sotheby’s said, with bidders from 34 countries taking part.  Several of the cars and items on the platform were subjects of spirited bidding that required extensions of their deadlines.

The sales were led by a 1969 Ferrari 365 GTC coupe by Pininfarina, the 49th of 150 produced, that sold for $660,000 (all results include auction fees).

rm
The child’s Ferrari 500 F2 is a hand-built half-scale race car powered by a 50cc scooter engine

Among the vehicles sold by RM Sotheby’s were a pair of scaled-down Ferrari driving cars for children, a 500 F2 prototype from the 1950s that went for $18,600 and a 1956 Bimbo Racer rendition of a Barchetta, for $12,600.

The top 5 highest selling collector cars were:

1. 1969 Ferrari 365 GTC, at $660,000

2. 2005 Ford GT, at $522,500

3. 1951 Porsche 356 Reutter coupe, at $330,000

4. 2005 Ford GT, at $291,500

5. 1931 Mercedes-Benz 370 S Mannheim sports cabriolet, at $286,000. 

RM Sotheby’s next auction takes place on Friday, January 22, during Arizona Auction Week at a new venue, the OTTO Car Club in Scottsdale. For information, visit the RM Sotheby’s website.

Bob Golfen
Bob Golfen is a longtime automotive writer and editor, focusing on new vehicles, collector cars, car culture and the automotive lifestyle. He is the former automotive writer and editor for The Arizona Republic and SPEED.com, the website for the SPEED motorsports channel. He has written free-lance articles for a number of publications, including Autoweek, The New York Times and Barrett-Jackson auction catalogs. A collector car enthusiast with a wide range of knowledge about the old cars that we all love and desire, Bob enjoys tinkering with archaic machinery. His current obsession is a 1962 Porsche 356 Super coupe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Journal Ads