RM Auctions, Arizona Biltmore, Phoenix, Arizona, January 15-16, 2015
Top grossing auction (of less than three days’ duration) in Scottsdale: RM with $63,605,500.
The top sale of the week in Scottsdale: RM’s Ferrari 250 LM s/n 5899GT at $9,625,000 (by a $220,000 whisker.)
Most transactions hammered at $1 million or more: RM with fourteen.
Greatest total sale increase from 2014: RM, up 39.6% from 2014, itself up 25.1% from 2013.
Put in some sort of perspective, it was only five years ago that RM broke $63 million for the first time, at Monterey in 2010. Only 21 auctions have exceeded RM’s 2015 Arizona total; all have them have been either in Monterey or multi-day sales.
RM Auctions should be very proud of what it accomplished in Arizona. In the midst of a nearly impossibly busy auction schedule (they’ll be in Paris in three weeks, in Amelia Island five weeks after that and then only seven more weeks before the Andrews Collection auction in Texas) RM piled up one of its most impressive sale totals ever. That they did it without a single eight-figure transaction highlights just how good and diverse the consignment assembled at the Biltmore was.
The numbers are here:
Seventy-six of the 123 vehicles offered were viewed and written up, 61.8%, thanks to a lot of help from friends and colleagues. Here are the details:
RM Auctions Arizona 2015 – Auction Report