2009 Automobiles of London Auction Preview – RM Auctions
RM Auctions, in association with Sotheby’s, will hold its third annual Automobiles of London auction on October 28th, 2009 at Battersea Evolution in London.
RM Auctions will feature 84 cars, headlined by the 1963 ATS 2500 GT 3.0 Litre Coupe, 1928 Rolls-Royce Phantom I Jarvis Torpedo, 1914 Rolls-Royce Silver Ghost Boattail Skiff, 1950 Aston Martin DB2 Team Car VMF 64, 1929 Alfa Romeo 6C 1750 GS, 1962 Chaparral 1 Sports Racing Car and the 1965 Shelby 427 Competition Cobra.
RM will also offer a 1954 Fiat 8V Coupe by Ghia, 1949 Talbot-Lago T26 Grand Sport Coupe, a pair of right-hand drive Mercedes-Benz CLK GTRs and a series of cars from the Schermerhorn Collection.
Max Girardo, Managing Director of RM Europe, says the interest and enthusiasm in the collector car hobby remains at an all time high as collectors pursue their passion for exceptional motor cars and seek out the best examples to enjoy and drive.
“Recent RM events have attracted record attendance and posted strong results, with great cars continuing to achieve great prices at auction,” says Girardo.
“From rare, early veteran cars through to some of the most exotic supercars of the last decade, this year’s London auction features a magnificent collection of automobiles. We have received great early interest in the event, which is set to round off another fantastic year for RM.”
Last year, RM sold 69 of 100 cars offered (69% sales rate) for total sales of $24,266,998, buoyed by the 1997 McLaren F1 that brought a record $4,149,200. The average price per car sold was $351,695.
Presented by RM Auctions, in association with Sothebys, the Automobiles of London event will be held October 28th, 2009 at Battersea Evolution, London, England. A full day preview will be held October 27th, 2009 from 10.00am 5.00pm GMT, followed by all the auction action on October 28th from 3.00pm GMT. Admission to the event is by catalog only which is available for 70 GBP and admits two.
For more information, contact RM London at +44 20 7851 7070 or visit www.rmauctions.com.
(Note: Estimates are converted from GBP to USD at approximately £1.00 = $1.61).
The Aston Martin DB2 Team Car estimate seems to be low. With that much history and event eligibility, it will hit the top end of the estimate…or it should.
Gift wrap the DB5 Convertible for me, thank you.