The First Art Newspaper on the Net   Established in 1996 United States Thursday, April 19, 2018

RM Auctions and Sotheby's momentous Art of the Automobile auction generates $62,797,500
A Ford V-8 Cabriolet is on display during a preview of the "Art of Automobile" auction at Sotheby's in New York. AFP PHOTO/Emmanuel Dunand.

NEW YORK, NY.- In what is being regarded as one of the most incredible collector car auctions of all time, RM Auctions and Sotheby’s Art of the Automobile sale yesterday achieved $62,797,500 of sales in just over two hours of bidding. The packed sale room saw records tumble across numerous lots, with top sale honors going to a 1964 Ferrari 250 LM, a wonderfully historic and original example of this very rare sports racing Ferrari, which sold for $14,300,000, establishing a new world record for the model at auction. Taking the number two spot was the simply gorgeous 1938 Talbot-Lago T150-C SS Teardrop Cabriolet by Figoni et Falaschi, commonly regarded as one of the most beautiful coach built cars of all time, which sold for $7,150,000, also establishing a new world record for the model at auction.

The 31 hand-picked automobiles, two motorcycles and seven pieces of artwork, offered at the Art of the Automobile sale, the first major collector car auction to take place in Manhattan for over a decade, presented over a century of stunning automotive history and design in a unique gallery setting at Sotheby’s New York headquarters. The auction, with its unique blend of quality and presentation, has set a new standard within the collector car auction market and attracted a vast and diverse audience of international bidders, keen to secure the finest examples of automotive artistry available to the market. Demonstrating both RM and Sotheby’s international footprint, bidders hailed from 17 countries, 15 percent of whom represented clients who had never participated in an RM sale.

Rob Myers, CEO and founder of RM Auctions, says: “Working with Sotheby’s, we set out to create the finest automobile auction that there has ever been. Our aim has been to raise the bar and set a completely new standard for quality and presentation, and I am delighted to say that these amazing results have proven it a great success. What we have established here in New York is a complete demonstration of how to bring some of the world’s rarest and most exceptional automobiles to market, in both an exciting and visually arresting way. Furthermore, the sale has successfully brought many new collectors into the market for the first time, which is fantastic news for our hobby.”

Aside from the Ferrari 250LM and Talbot-Lago, numerous additional lots sold spectacularly well during the sale, with several world record prices established. The third highest seller of the night was the unique 1959 Ferrari 250 GT SWB “Competition” Berlinetta Speciale, one of the greatest dual-purpose sports racing cars of all time, with bespoke coachwork by Bertone. Huge interest in this car culminated in a top bid of $7,040,000. Other notable European highlights include the 1954 Maserati A6G/2000 Spyder by Carrozzeria Zagato, the only example with coachwork by Zagato, which sold for $4,455,000 while the 1936 Delahaye Type 135 Competition Court Teardrop Coupé by Carrosserie Figoni et Falaschi, the 1933 Rolls-Royce Phantom II Continental Sports Coupé by Freestone & Webb, and the 2011 Bugatti Veyron 16.4 Grand Sport Bleu Nuit, each achieved $2,420,000.

Today's News

November 23, 2013

Westlicht Gallery in Vienna to hold a photographic auction of vintage cameras and lenses

Zentrum Paul Klee presents the collection of patron of artists defamed as 'degenerate'

Sotheby's London Sale of Fine Jewels celebrates the lives and tastes of The Duke and Duchess of Windsor

Tobias Meyer, Worldwide Head of the Contemporary Art Department at Sotheby's, leaves the company

Retrospective brings together almost 40 years of Isa Genzken's inventive and deeply influential work

First major survey in Australia of legendary artist, musician and activist Yoko Ono opens in Sydney

RM Auctions and Sotheby's momentous Art of the Automobile auction generates $62,797,500

Exhibition of new painting and sculpture by Friedrich Kunath opens at White Cube

Bonhams holds sale of Doctor Who memorabilia to coincide with 50th anniversary of classic show

Special exhibition on deadly, powerful, even lifesaving poison opens at The American Museum of Natural History

Pace Gallery presents its first exhibition of work by Ilya and Emilia Kabakov

Q3 mobile use jumps nearly 50% on LiveAuctioneers; average time spent on site up 40.8%

ST--ART 2013 European Fair for Contemporary Art opens at the Exhibition Centre Strasbourg-Wacken

Frederick Frieseke's "On The Beach" may sell for $600,000+ at Heritage Auctions

Tiffany Turtleback Tile Lamp may bring $100,000+ to highlight offering of Lalique and art glass

Tomasoni engraved Armi Fabri 12 gaugue ejection gun highlights Bonhams sale

Sculpture introduces new exhibition program "Now Showing" at SculptureCenter

Maine philanthropists Owen and Anna Wells donate photography collection to the Portland Museum of Art

Andy Warhol photographs, news images of the Kennedy assassination featured in Swann Galleries' sale

Arthur Lismer Collection returns to Canada to The McMichael Canadian Art Collection

Most Popular Last Seven Days

1.- John Surtees' one-owner 1957 BMW 507 to be offered for the first time at Bonhams Festival of Speed sale

2.- Antiques looted in Libya by IS sold in Spain, two experts arrested

3.- The world's oldest bridge to be preserved by the British Museum's Iraq Scheme

4.- Exquisite jewels dazzle in historic Cartier exhibition at the National Gallery of Australia

5.- Now showing in US cinemas: "Hitler VS Picasso and The Others" directed by Claudio Poli

6.- New York's Metropolitan Museum of Art returns stolen idols to Nepal

7.- Glasgow starts a year of celebration as Charles Rennie Mackintosh exhibition opens

8.- Very rare Qing Dynasty bowl sells for $30.4 million

9.- Gardner Museum publishes "Stolen" book about 13 works in 1990 theft

10.- Royal Ontario Museum announces appointment of Curator, Islamic Art & Culture

Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .


Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
Founder's Site. The most varied versions
of this beautiful prayer.
to a Mexican poet.

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful