Automobiles of London 2010 Auction Results – RM Auctions
RM Auctions held its fourth annual Automobiles of London auction on October 27th, 2010 at Battersea Evolution in London, resulting in £19,147,790 in total sales and an 87% sell-through rate.
“For the past number of years our London sale has been a highlight on RM’s calendar of events, and this year we are once again very pleased with the results,” said Max Girardo, Managing Director, RM Europe.
Top sale at the RM Auctions London sale went to the “Most Famous Car in the World” 1964 James Bond Aston Martin DB5 that sold for £2,912,000, followed by the 1938 Talbot-Lago T23 Teardrop Coupe at £1,792,000 and the 2010 Pagani Zonda R at £812,000.
The impressive results of RM’s 2010 Automobiles of London event were generated by bidders from 30 different countries on the telephone, over the Internet and assembled in the standing-room-only venue. RM welcomed a number of first-time clients, with new bidders representing 33% of all registrations.
RM Auctions offered 106 cars for sale, with 92 finding new owners, reflecting an 87% sale rate. The total sales volume was £19,147,790 and the average price per car sold was £208,128.
In 2009, RM Auctions offered 84 cars for sale, with 69 finding new owners, reflecting an 82% sale rate. The total sales volume was £10,979,090 and the average price per car sold was £159,117. Top sale went to the 2006 Mercedes-Benz CLK GTR Roadster that sold for £616,000.
RM concludes its 2010 event schedule with The Milton Robson Collection, scheduled for November 13 in Gainesville, Georgia, USA. For event details, including a full car list and digital auction cataloge, visit www.rmauctions.com.
Automobiles of London 2010 Auction Results – RM Auctions (listed by lot number)
Lot 109 - 1964 Aston Martin DB5 Convertible - Not sold at high bid of £295,000 versus pre-sale estimate of £320,000-£375,000. One of only 104 right-hand drive DB5 Convertibles built.Lot 115 - 1935 Auburn 851 Supercharged Speedster - Sold for £140,000 versus pre-sale estimate of £200,000-£280,000. From the Hooper Corporate Collection. Lot 119 - 1955 Mercedes-Benz 300SL Coupe - Sold for £420,000 versus pre-sale estimate of £350,000-£400,000. From the Hooper Corporate Collection; prepared for participation in vintage rally events; multiple Mille Miglia entries.Lot 125 - 1992 Vector W8 Twin Turbo - Sold for £179,200 versus pre-sale estimate of £150,000-£180,000. From the Hooper Corporate Collection.Lot 137 - 1904 DeDion-Bouton Model ADL Rear-Entry Tonneau - Sold for £280,000 versus unavailable pre-sale estimate. Ex-D. Cameron Peck; first in class at 2008 Pebble Beach Concours; freshly restored by Tired Iron Works.Lot 148 - 1956 Maserati A6G/2000 Competition Berlinetta - Sold for £700,000 versus pre-sale estimate of £590,000-£650,000. One of 20 berlinettas by Zagato; fully restored by renowned Italian restorer Fantuzzi; Mille Miglia, Coppa Intereuropa and Targa Florio entrant in 1957.Lot 150 - 1971 Lamborghini Miura SVJ - Sold for £728,000 versus pre-sale estimate of £800,000-£1,100,000. One of a limited few Miuras constructed to SVJ specification between 1971-75; recently completed two-year Bobileff restoration at a cost of $225,000.Lot 151 - 1965 Ferrari 275 GTB - Sold for £537,600 versus pre-sale estimate of £500,000-£600,000. Completely restored; 1965 Frankfurt International Motor Show Car.Lot 153 - 1952 Jaguar C-Type - Not sold at high bid of £1,750,000 versus pre-sale estimate of £1,900,000-£2,400,000. Serial XKC-015 is an original matching-numbers competition C-Type; ex-Masten Gregory, victory at Golden Gate Nationals, San Francisco; unbroken chain of ownership; eligible for the most prestigious events.Lot 162 - 1989 Aston Martin V8 Zagato Volante - Sold for £95,200 versus pre-sale estimate of £75,000-£95,000. One of only 37 V8 Zagato Volantes produced; automatic gearbox. Lot 164 - 1934 MG PA/B Le Mans Works Racing Car - Sold for £78,400 versus pre-sale estimate of £110,000-£160,000. 1935 MG P-Series Le Mans works car from all-women’s team; first team car home, driven by Joan Richmond and Barbara Simpson.Lot 165 - 1961 Ferguson Climax P99 Four-Wheel-Drive F1 Racing Car - Not sold at high bid of £410,000 versus pre-sale estimate of £475,000-£575,000. Designed, developed and built as a one-off by Harry Ferguson, pioneer aviator and owner of Ferguson Tractors; presented in original, time-warp condition, this is the only four-wheel-drive car to win a Grand Prix (Stirling Moss, Oulton Park, 1961); driven by Graham Hill in two Australian GP races in 1963 (6th and 2nd); won 1964 British Hillclimb Championship. Lot 166 - 1954 Tojeiro-Bristol Sports Racing Car - Sold for £128,800 versus pre-sale estimate of £160,000-£225,000. Chassis TAD/2/55 was raced in England by Chris Threlfall and Jim Fiander in the 1950s; recipient of full restoration to FIA standards; shown at Amelia Island, Newport Beach and Greenwich, Connecticut Concours.Lot 168 - 1931 Bentley 8-Litre Tourer - Sold for £369,600 versus pre-sale estimate of £415,000-£545,000. One of only 100 8-Litre Bentleys built.Lot 169 - 1952 Aston Martin DB2 Vantage Drophead Coupe - Not sold at high bid of £155,000 versus pre-sale estimate of £175,000-£200,000. One of 98 DB2 drophead coupes built; upgraded to Vantage specification by Aston Martin Works in 1953; fully documented, including original build sheet.Lot 178 - 2010 Pagani Zonda R - Sold for £812,000 versus pre-sale estimate of £1,300,000-£1,400,000. Powered by 750 bhp, 6.0-litre Mercedes-Benz V-12; zero to 60 mph in 2.7 seconds and top speed of 233 mph; fastest production car on the Nurburgring, 11 seconds quicker than Ferrari FXX; one of only 15 scheduled to be built.Lot 186 - 1965 Ferrari 500 Superfast - Not sold at high bid of £450,000 versus pre-sale estimate of £500,000-£580,000. Matching numbers and long-term current ownership; one of only eight Superfasts built in right-hand drive.Lot 187 - 1938 Talbot-Lago T23 Teardrop Coupe - Sold for £1,792,000 versus pre-sale estimate of £1,100,000-£1,400,000. From the estate of John O'Quinn; coachwork by Figoni et Falaschi; one of five Jeancart-style built; former Pebble Beach 'Elegance in Motion' winner; recent complete, body-off-frame restoration.Lot 188 - 1965 Ferrari 275 GTB/6C Berlinetta - Not sold at high bid of £450,000 versus pre-sale estimate of £475,000-£575,000. Matching numbers original six-carburettor example; period racing history.Lot 190 - 1931 Bentley 8-Litre Open Tourer - Sold for £756,000 versus pre-sale estimate of £770,000-£1,000,000. One of 100 8-Litre Bentleys and 10 open tourers built; original coachwork by Harrison.Lot 193 - 1966 Ferrari 365 California Spyder - Sold for £739,200 versus pre-sale estimate of £550,000-£680,000. Prototype of only 14 examples built; completely original and in superb condition; 1966 Geneva Show car; Ferrari Classiche certified and matching numbers.Lot 197 - 1964 Aston Martin DB5 - Sold for £2,912,000 versus pre-sale estimate of £3,500,000. Only known remaining of the two DB5s which appeared on-screen in Goldfinger and Thunderball; offered to the public for the first time from its original ex-factory owner; original condition with all movie gadgets intact; subject of a book titled, 'The Most Famous Car in the World'. Lot 202 - 1967 Toyota 2000GT Targa - Sold for £179,200 versus pre-sale estimate of £225,000-£275,000. Originally designed to allow Sean Connery easier access to improve filming of James Bond film 'You Only Live Twice', but was not created in time; design remained un-built until 1984, when an enthusiast decided to create a one-of-a-kind example of the car utilising the original Toyota sketch.
RM Auctions held its fourth annual Automobiles of London auction on October 27th, 2010 at Battersea Evolution in London, resulting in £19,147,790 in total sales and an 87% sell-through rate.
The RM London had to be one of the most exciting auctions to date. It seems each of their auctions is as the previous one and seeing two cars used in the Bond Movies in one location at one time is amazing. The Aston Martin DB5 is simply beautiful and more so because of the gadgets remaining in tact and the Toyota 2000 GT Targa is awesome. I admire the two owners for purchasing cars that cimematic milestones. The other exotics at the RM Auction in Londons are to die for as well.
New subscriber. I am really loving this website, especially the diversity of subject matter. Please keep it up!
sportscardigest.com is by far the best web publication that I receive. It is laid out in a straightforward fashion that it is a pleasure to read. The digest is not awash in a fourth of July explosion of ads.
Rick Carey’s reporting of the these last auctions is simply terrific. I’m always glad to see his name as an auction reporter, as you’ll be getting the straight stuff, from a guy who’s more than qualified.
Thanks very much, for a great publication!
Kirk F. White