An American affair - RM auctioned 81 classic cars in Motor City on July 26, 2014
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Created on July 28, 2014
, Reading time 5min
Text:
Bruno von Rotz
Photos:
Darin Schnabel - Courtesy RM Auctions
42- Courtesy RM Auctions
19Teddy Pieper - Courtesy RM Auctions
13Erik Fuller - Courtesy RM Auctions
8Steve Hepburn - Courtesy RM Auctions
7Corey Silvia - Courtesy RM Auctions
7Hugh Hamilton - Courtesy RM Auctions
6Aaron Summerfield - Courtesy RM Auctions
6Mark Nichol - Courtesy RM Auctions
5David Schnabel - Courtesy RM Auctions
5Ronnie Renaldi - Courtesy RM Auctions
5Jeff Creech - Courtesy RM Auctions
4David McNeese - Courtesy RM Auctions
3Travis Massey - Courtesy RM Auctions
3Jesse James Allen - Courtesy RM Auctions
3Patrick Ernzen - Courtesy RM Auctions
3Rick Minor - Courtesy RM Auctions
2Redeye Media - Courtesy RM Auctions
2Nick Fancher - Courtesy RM Auctions
1Don Wright - Courtesy RM Auctions
1Eugene Robertson - Courtesy RM Auctions
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Summary
RM's Motor City auction was a largely American affair. Over three quarters of the vehicles were from the USA, with only 19 cars coming from Europe or Japan. The total value of the 80 vehicles on offer (including 1 boat) amounted to around USD 11 million, the sales result (around 75% sold) around USD 7.5 million (Euro 5.5 million, CHF 6.8 million). This auction report highlights some of the offers and shows the results in detail in words and pictures.
This article contains the following chapters
- American dominance
- The special Renault
- The little MG
- Expensive cars were left standing
- Results of the Motor City auction
Estimated reading time: 5min
Preview (beginning of the article)
RM's Motor City auction in St. John (Michigan) was a largely American affair. Over three quarters of the vehicles on offer were from the USA, with just 19 cars coming from Europe or Japan. Around three quarters of the vehicles that went under the hammer found new owners. The sales result amounted to around USD 7.5 million (EUR 5.5 million, CHF 6.8 million). The brisk trade was supported by around a quarter of the offers that were waiting for bids without a minimum price. On average, USD 114,506 (Euro 84,735 or CHF 103,056) was bid per vehicle (before 10% sales commission). This clearly documented that this auction was not primarily for high-priced classics, but for mid-priced rarities. It was interesting to note that half of the vehicles on offer were built before or during the Second World War - such a high proportion of very old vehicles is unusual at auctions.
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Current Market Prices (Selection)
4-Door Sedan, 18 PS, 747 cm3
Convertible Sedan, 18 PS, 747 cm3
Station Wagon, 20 PS, 747 cm3
4-Door Sedan, 56 PS, 2000 cm3
4-Door Sedan, 80 PS, 2200 cm3
null, 56 PS, 2000 cm3
4-Door Sedan, 27 PS, 845 cm3
4-Door Sedan, 49 PS, 845 cm3
4-Door Sedan, 38 PS, 845 cm3
Station Wagon, 26 PS, 845 cm3
4-Door Sedan, 27 PS, 845 cm3
Coupe, 35 PS, 845 cm3