RM Auctions, Arizona Biltmore, Phoenix, Arizona, January 18, 2013
Report and photos by Rick Carey, Auction Editor
RM Auctions took a different tack in Arizona in 2013, cutting its sale back to just Friday and loading up on high value cars.
They moved into the big ballroom at the Biltmore and put together one of the finest displays ever seen at any auction, placing the headline cars on white carpeted platforms with white backgrounds that made the cars pop like fine jewelry. It was spectacular and the cars were easy to view and photograph as well as being right there for bidders to consider during the auction.
There were other subtle amenities, like ample seating and a secluded food court adjacent to the ballroom for quiet discussions.
Did it work? Oh, yes, with the total sale up 41.9% from last year and 17.5% from 2011. Even with only a one-day sale the consignment was down only slightly, from 129 cars in 2011 and 118 in 2012 to 104 this year. The consignment’s quality is evident from the sale’s average transaction, $571,700, and median, $193,600.
Thirty-five of the 118 cars in RM’s Arizona auction are described here.