RM Arizona 2015 results - Ferrari prices at record level
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Summary
On January 15 and 16, 2015, RM auctioned 123 vehicles in Arizona for EUR 54.7 million and CHF 56 million respectively. 89% of the lots were sold, on average for almost 600,000 million dollars. The flagship of the auction, the Ferrari 250 LM ex-Filipinetti from 1964, almost broke the ten million mark, but that was not the only record set over the two evenings. This report analyzes the results of the two-day auction, shows all the vehicles and lists the results in detail.
This article contains the following chapters
- Swiss Ferrari with record price
- Surprisingly high prices
- But there were also disappointments
- Unsaleables
- The unorthodox
- Results of the RM auctions on January 15 and 16, 2015
Estimated reading time: 7min
Preview (beginning of the article)
On two evenings, the auction house RM motivated an energetic clientele at the Arizona Biltmore Resort & Spa in Phoenix on January 15 and 16, 2015 to place the highest bids. 127 vehicles had been announced, four were withdrawn. Of the 123 vehicles that went under the hammer (including 1 motorcycle and 1 boat), 110 were sold, corresponding to a rate of 89%. In total, the vehicles fetched around USD 64 million (EUR 54.7 million, CHF 56 million). On average, buyers put down USD 578,232 per car knocked down, with prices (including surcharge/commission of 10%) averaging just below the median estimate at 98%.
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