Incredibly Successful RM Auctions Sale at Amelia Island: $26.8M

This year’s RM Auctions sale at the much anticipated Amelia Island Concours d’Elegance was another tremendous success. The Florida event ended with a total of $26.8 million in sales. An impressive 92 percent of all items found buyers, many of them fetching much more than previously expected.

A 1933 Stutz DV32 Convertible Victoria, for instance, went for twice the presale estimates, meaning that the winning bidder paid $1,512,500 for it. This marked a new record for Stutz in terms of cars sold at auction. Also an excellent final price was the $1,375,000 which a V12 powered 1965 Ferrari 275 GTB got, thus becoming the third highest selling lot of the event.

So which was the first highest selling car, and how much did it raise? The star of the event was a 1935 Duesenberg Model SJ Walker-LaGrande Convertible Coupe, a very rare vintage vehicle, of which only two other examples were ever made. This particular unit was the only one that also received a supercharger, making it that more exclusive. Its final price was a whopping $4,510,000.

Other important lots at the auction include a 1952 Ferrari 225 Sport Berlinetta ‘Tuboscocca’ ($1,237,500), a 1911 Lozier Model 51 Seven-Passenger Touring ($1,100,000), a 1930 Cord L-29 Sport Cabriolet($990,000), and many more.