RM Sotheby's annual Santa Monica sale brings $9.3 million

Joes Garage

Joes Garage

2017-07-05 13:41:30

It may be one of the smaller sales on the RM Sotheby's calendar, but the company's recent Santa Monica auction still achieved an impressive result of more than $9 million.

The boutique auction offered a line-up of American classics alongside European sports cars from the 1930s to the present day.

With 175 vehicles and a selection of vintage automobilia cross the block, the sale achieved a total of $9.3 million, with bids flying in from 19 different countries.

"We’re thrilled with the strong results for our fifth annual Santa Monica sale," said Alexander Weaver, Car Specialist for RM Sotheby’s following the event.

"The new single-day format proved a success, with the busiest auction room we’ve seen yet. Our top ten results also illustrate the appeal of the Southern California venue for the sale of a number of collector car segments, from American Classics to late-model Porsches, icons of 1960s European motoring and modern collectibles."

Leading the sale was an iconic 1960 Mercedes-Benz 300 SL Roadster finished in the unique colour combination of light Green Poly over dark green.

(Images: RM Sotheby

(Images: RM Sotheby's)

The fully-restored, matching-numbers car had passed through the collections of several passionate enthusiasts, before hitting the block where it realized $1.1 million.

Amidst an eclectic roster, classic German cars accounted for five of the auction's top 10 sales.

Along with a 2005 Mercedes-Benz SLR McLaren which sold for $264,000, strong results were achieved by a trio of Porsches including a 1995 Porsche 911 Carrera RS 3.8 which fetched $434,500; a 1997 Porsche 911 Turbo S which sold for $220,000; and a 1960 Porsche 356 B 1600 Roadster by Drauz which realized $170,500.

The auction also offered a stunning private Californian collection of pre-War American classics, all sold with no reserve.

Achieving the highest price was a 1929 Duesenberg Model J Convertible Berline by Murphy, presented in remarkably original condition, which sold for $880,000.

This was followed by a 1930 Cadillac V-16 Fleetwood Roadster (top image), described as "one of the most desirable American Classics in today’s collector community", which far exceeded its high estimate of $550,000 to sell for $797,000.

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