{"id":496391,"date":"2017-03-13T11:00:09","date_gmt":"2017-03-13T15:00:09","guid":{"rendered":"https:\/\/sportscardigest.com\/?p=264105"},"modified":"2024-12-06T03:46:16","modified_gmt":"2024-12-06T03:46:16","slug":"rm-sothebys-amelia-island-2017-auction-results","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/rm-sothebys-amelia-island-2017-auction-results\/","title":{"rendered":"RM Sotheby’s Amelia Island (2017) – Auction Results"},"content":{"rendered":"

The RM Sotheby\u2019s Amelia Island 2017 auction was held March 10-11 on the grounds of the Ritz-Carlton Hotel in Amelia Island, Florida, resulting in $70,936,810 in total sales and an 89 percent sell-through rate. A new benchmark for an Amelia Island auction, RM’s total exceeds the combined tally of all the other auctions held during this year’s Amelia weekend.<\/p>\n

RM’s 19th annual sale at the Amelia Island Concours d\u2019Elegance featured 150 automobiles over the sale extended to two days with the addition of the Orin Smith Collection on Friday.Leading RM\u2019s string of 19 individual million-dollar-plus sales and claiming top honors of the 2017 Amelia Island auctions was a 1937 Bugatti Type 57S Cabriolet, one of three examples sporting coachwork by Vanvooren of Paris. Offered for public sale for the first time in its 80-year history, the original Type 57S sold for $7,700,000. Just moments prior to the Bugatti\u2019s sale, a 1929 Stutz Model M Supercharged Coupe, one of three supercharged Stutzes in existence, brought $1,705,000 against a pre-sale estimate of $1,000,000 – $1,200,000. The sales price represents a new record for a Stutz at auction.<\/p>\n

\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div>\r\n
\r\n 1937 Bugatti Type 57S Cabriolet (photo: Darin Schnabel)\r\n <\/div><\/figure>
\r\n
\r\n \r\n\t\t\t\t\"\"<\/a>\r\n\t\t\t\t<\/a>\r\n <\/div><\/figure>\n

\u201cWe\u2019re thrilled with the results from this weekend\u2019s Amelia Island sale,\u201d commented Gord Duff, Auction Manager, RM Sotheby\u2019s. \u201cNot only was it our best ever Amelia Island performance, but the highest tally in Amelia Island auction history. The caliber of entries our team secured for this year\u2019s event was second-to-none, as reflected in the positive feedback from collectors and media alike during preview, as well as the multiple bidding contests that filled the auction room during both sale sessions. We\u2019re proud to have once again raised the bar, and look forward to continuing the momentum as we move into the busy Spring \/ Summer auction season.\u201d<\/p>\n

The Friday auction of the Orin Smith Collection generated $31 million in sales with a 100 percent sell-through. The sale represented the first time RM has hosted a Friday evening sale at Amelia. The group of 63 vehicles was headlined by a 1936 Lancia Astura Cabriolet Series III ‘Tipo Bocca’ at $2,145,000. Other notable sales included:<\/p>\n