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London, 08 September, 2014

The now traditional RM Auction at the Evolution exhibition centre in Battersea Park, London, was held on Monday 08 September following the Hampton Court Palace Concours of Elegance, which was held over the preceding weekend, and where some of the “star cars” were displayed as tasters for the sale. The auction featured a total of 81 vehicles on offer, the most unusual being presented as the first lot ,101, this was a CIAM-NASA Hypersonic Flying Laboratory named “Kholod”. The lot was presented as a static aerospace artefact, but in its day, 1991 to be precise, it was the fastest machine ever to run within the earth’s atmosphere, when it achieved Mach 6.47, a speed record that it held for a decade. It sold for £38,025, although you can’t drive it or ride in it, it is a piece of aerospace history, and what a conversation piece it would make in a rather large garage!

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The more conventional vehicles were wide ranging, both in age and price, the oldest example on offer being a 1909 Hotchkiss Type T Coupe de Ville, which was in largely original condition, and which sold for £39,200. This was closely followed by a 1914 Minerva Type KK Tourer, which from the catalogue description was an older restoration, and certainly needed some elbow grease to polish up the brassware, and this sold for £50,400. At the other end of the age spectrum, and also in the higher echelons of the price league, was a 2003 Ferrari Enzo, which sold for £952,000, whilst a 1989 Ferrari F40 made £761,600. In fact it was a good sale for Ferrari models, as there were 23 examples on offer, and every single one sold, with some making strong money for the model, notably a 348 tb sold for £75,600, and a 328 GTS from the same family ownership sold for a staggering £156,800, both well above estimate, but both were pristine examples of the respective models, showing only 600kms and 200kms on the odometer respectively.

The top sale of the day also went to a Ferrari, a 1956 250 GT “TdF2 Berlinetta, chassis # 0563GT, resplendent in pale blue with French Tricolour Stripes, which sold for £4.872 million, whilst next up was another Ferrari, a 275 GTB with alloy body, which made £1.96 million, with the final top three spot being taken by a 1964 Shelby 289 Competition Cobra at £1.176 million. Of the 81 lots on offer, only 11 failed to sell, giving an impressive sell through rate of 86.4%, with the total sales figure being £21,811,945.

RM Auctions London - Top 10 sales
Lot 156 1956 Ferrari 250 GT Berlinetta Competizione 'Tour de France' £4,872,000
Lot 163 1966 Ferrari 275 GTB Alloy £1,960,000
Lot 139 1964 Shelby 289 Competition Cobra £1,176,000
Lot 140 2003 Ferrari Enzo £952,000
Lot 151 1989 Ferrari F40 £761,600
Lot 130 1968 Lamborghini Miura P400 £649,600
Lot 126 1958 Mercedes-Benz 300 SL Roadster £616,000
Lot 157 1937 Bugatti Type 57C Stelvio £593,600
Lot 121 1955 Lancia Aurelia B24 Spider America £560,000
Lot 117 1970 Ferrari 365 GTB/4 Daytona Berlinetta £543,200

RM Auctions rounds out its 2014 auction season with two upcoming North American sales: its annual Hershey, Pennsylvania sale, held October 9-10 during the renowned AACA Eastern Regional Fall Meet, and the Sam Pack Collection, a single-vendor sale, November 14-15 in Dallas, Texas. RM’s next scheduled European sale will be hosted in Paris, France on February 4, 2015 during the world-famous Retromobile show week.

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Text & Images ... Keith Bluemel