Preeminent international auction house, RM Auctions, concluded its 2009 auction season on a high note in London last week, posting £10.9 million in total sales with a strong 87% of all lots sold at the third-annual ‘Automobiles of London’ event.
The highlight was a 1950 Aston Martin DB2 Team Car which set a new auction record at £550,000. It was the first Aston to come up for auction in over 32 years .
Other highlights – two rare Mercedes-Benz CLK GTRs sold for a combined £1.1 million and an unrestored 1969 Mercedes-Benz 600 Pullman Landaulet achieved over five-times pre-sale estimate
The esteemed Edgar Schermerhorn collection of motor cars and automobilia brought £1.5 million.
Held in association with Sotheby’s, the single-day auction presented some 84 motor cars, consigned from 11 countries around the world, and 40 lots of automobilia, attracting strong international interest from bidders in the room, on the phone and over the internet.
“This sale wraps up another fantastic year for RM globally,” said Max Girardo, Managing Director, RM Europe.
“We’re proud of our reputation for consistently achieving record prices and offering the finest motor cars available to the market, and today’s results were certainly no exception. With an 87% sell-through rate and numerous lots exceeding their estimates, it’s fair to say that the collector car market is still remarkably strong,” added Girardo.
The top sale of the evening was a 2006 Mercedes-Benz CLK GTR Roadster, the only right-hand drive example built, achieving £616,000, followed closely by a 2005 Mercedes-Benz CLK GTR Coupe selling for £522,500.
The event also presented a fine selection of memorabilia and coachbuilt motor cars from the private collection of Mr. Edgar Schermerhorn. Headlined by a 1938 Bugatti Type 57C Stelvio for £440,000, the collection achieved a total £1.5 million.