AMELIA ISLAND, FLA.- RM Sothebysannounced spectacular results for its 17th annual Amelia Island sale. The auction, which represented the first RM Sothebys event since RM Auctions and Sothebys formed a strategic partnership in February, achieved total sales of $60,328,550, besting the companys record 2014 Amelia Island performance by 67 percent.
This result represents not only the highest total ever for a sale held during the Amelia Island week, but also exceeds the combined total of all other auctions this week, reaffirming RM Sotheby's clear market leadership. The incredible 98 percent sell-through rate, which includes 13 individual million-dollar-plus results, is a testament to RMs reputation for offering best-of-category automobiles.
Taking top sale honors of the day and of the entire Amelia Island Concours dElegance week was the 1960 Ferrari 400 Superamerica SWB Cabriolet, chassis no. 1945 SA, achieving a very strong $6,380,000 to comfortably set a new world record for the model at auction. Significantly, proceeds from cars sale will benefit the consignors charity for the education of children.
We were thrilled to present as significant a car as the 400 Superamerica here at Amelia Island, said Gord Duff, Car Specialist, RM Sothebys. Both the importance of the car and the success of RM Sothebys international team in uniting collectors with the worlds finest automobiles is reflected in its result. The outstanding sale total is a sign of the ever-expanding market for blue-chip collector cars, with bidders hailing from no fewer than 22 countries, of which 22 percent were new to RM Sothebys.
Providing further proof of Ferraris domination at the top of the market, additional lots garnering strong prices included the genuine 1972 Ferrari 365 GTB/4 Daytona Spider, realizing $3,300,000; a 1972 Ferrari 365 GTC/4, bringing a record $495,000, and the time warp 1971 Ferrari 365 GTB/4 Daytona Berlinetta, dubbed the Condo Find, achieving a fantastic $770,000.
Some of the most electric moments of the auction were brought about by the record sales of late model and emerging collectibles. Notable highlights included the exceedingly rare, six-speed manual 2007 Ferrari 599 GTB, which nearly tripled its pre-sale estimate at $682,000, smashing the previous auction record for the model. A pair of Ferrari 512 models also exceeded expectations, with the 1995 F512 M selling for $462,000 and the 1980 512 BB garnering $418,000.
Ferrari wasnt the only high performing marque of the sale, with prices for fantastic Porsche 911s continuing to rise. Amongst numerous examples, a 1973 911 Carrera RS 2.7 Touring sold for $891,000, a 1988 911 Turbo Slant Nose Cabriolet for $363,000, and a 1979 911 Turbo brought $253,000. Japanese collectibles also continue to make waves in the collector car market, with the much-talked-about 1970 Nissan Fairlady Z 432 surpassing its estimate to bring a record-breaking $253,000.
Demonstrating the diversity of the offering and RM Sothebys expertise across all segments of the market, additional top lots included elegant coachbuilt classics, racing greats of both the Pre-war and modern periods, and highly desirable sports cars of the 1950s, 60s, and 70s.