Report: RM Auctions, Arizona, 16-17 January

RM Auctions' Arizona made $45.5m in sales with 85% of all lots sold, at its 15th annual Phoenix, Arizona sale, held during the Scottsdale Week. It looks like more of the same for big auctions in 2014, with 10 cars making million-dollar plus results, and new records set.

The two-day sale saw ten million-dollar-plus transactions and numerous auction records set, headlined by the top-selling 1958 Ferrari 250GT LWB California Spider (above).  It sold for $8,800,000 before a packed auction room, making it the most valuable car ever sold during Arizona auction week history.

Continuing RM’s outstanding track record for the sale of important Ferraris at auction, additional Ferrari highlights from the two-day sale included a restored 1963 Ferrari 250 GT/L ‘Lusso’, which sold for $2,447,500, setting a new record for the model at public auction, a 1966 Ferrari 275GTB, which sold for $1,815,000, and a 1966 Ferrari 275GTS that made $1,485,000.

Other million-dollar-plus sales included the ex-Bob Donner and Don Wester 1961 Porsche 718 RS61 Spyder, which found a new buyer for $2,750,000. While the 1930 Duesenberg Model J ‘Disappearing Top’ Convertible Coupe (both pictured below), sold for $2,200,000.

'RM Auctions continues to prove that the combination of great cars, knowledgeable clients and a beautiful auction venue is a winning formula for both buyers and sellers,' said Ian Kelleher, Car Specialist, RM Auctions. 'This year’s two-day sale was an unqualified success and set a terrific benchmark for the entire Arizona auction week, not to mention a fantastic start for the 2014 auction season.'

• More at www.rmauctions.com

RM Arizona 2014 - Top Ten Sales:

1. 1958 Ferrari 250 GT LWB California Spider, $8,800,000
2. 1961 Porsche 718 RS 61 Spyder, $2,750,000
3. 1963 Ferrari 250 GT/L 'Lusso', $2,447,500
4. 1930 Duesenberg Model J 'Disappearing Top' Convertible Coupe, $2,200,000
5. 1966 Ferrari 275 GTB, $1,815,000
6. 1995 Ferrari F50, $1,650,000
7. 1966 Ferrari 275 GTS, $1,485,000
8. 1956 Mercedes-Benz 300 SL Gullwing, $1,292,500
9. 1935 Hispano-Suiza J12 Cabriolet deVille, $1,045,000
10. 1958 Mercedes-Benz 300 SL Roadster, $1,045,000