Industry News

$ 67m in sales - Report: RM Auctions, Sports & Classics of Monterey

  • 'Best of Show': 1933 Delage D8S de Villars Roadster - 0
  • Top-seller: 1938 Talbot-Lago T150-C Lago Speciale - 1
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1938 Talbot-Lago T150-C Lago Speciale and a 1954 Ferrari 375 MM Berlinetta each sell for $ 4,620,000.

RM delivered a great show at Monterey this past weekend posting the week’s highest auction results of $ 67m in total sales with an impressive 95% of all lots sold, and clinching an unprecedented fourth ‘Best of Show’ win in 10 years at the prestigious Pebble Beach Concours d’Elegance with the stunning 1933 Delage D8S de Villars Roadster.
The company’s highly-anticipated Sports & Classics of Monterey auction, 12-14 August, kicked off the weekend in grand style, celebrating the 25th anniversary of Monterey’s first and original collector car auction. In total, 16 lots achieved individual million-dollar-plus results, the most recorded by any single auction house during this year’s Monterey auto week. Top-sellers included a 1938 Talbot-Lago T150-C Lago Speciale with coachwork by Figoni et Falaschi, and a 1954 Ferrari 375 MM Berlinetta, the fifth of only seven examples built, each selling for $ 4,620,000. In addition, a rare 1948 Tucker 48 Sedan set a new world record for a Tucker sold at auctio at $ 1,127,500.

'We are thoroughly pleased with the results from the weekend’s sale. They build upon RM’s seven previous successful sales this year, including the record-breaking inaugural Monaco event, and are a reflection of the hard work and dedication of the entire RM team,' says Rob Myers, Founder and Chairman, RM Auctions. 'The high-caliber of consignments combined with accurate estimates provided by our expert team of car specialists led to the very strong 95 percent sell-through and record number of over 1,000 bidder registrations from 29 countries around the world, including Monaco, Brazil, Japan and the United Arab Emirates,' Myers added.

RM’s strong Sports & Classics of Monterey auction results were complemented by success on the show field when the 1933 Delage D8S de Villars Roadster, owned by The Patterson Collection in Louisville, Kentucky, and restored by RM Auto Restoration, was named ‘Best of Show’ at the Pebble Beach Concours d’Elegance. The win represents RM’s fourth at Pebble Beach in the past decade, with top honors previously received in 2001, 2004 and 2006, cementing the company’s reputation as the world’s premier restoration facility for vintage automobiles. Other award-winning entries that have passed through RM Auto Restoration’s doors included the 1929 Duesenberg Model J Dual Cowl Phaeton, owned by Charles Letts of Detroit, Michigan, and the 1934 Packard Sports Coupe, owned by Ralph and Adeline Marano of Westfield, New Jersey.


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