RM/Sotheby's Arizona 2024 - successful Graber-Bentley, disappointing Ferrari super classics
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Summary
RM/Sotheby's auctioned 84 cars worth USD 44.7 million in Arizona on January 25, 2024. While only a third of the most expensive 15 cars found a new owner, the overall sales rate was 75%. A Bentley Mark IV as a Graber convertible, a Rolls-Royce and an American Bantam Roadster as well as some younger cars were the main positive surprises. Many of the Ferraris in particular were left standing, while all the Jaguars and Chevrolets found new owners. This auction review analyzes the results and shows the cars in pictures.
This article contains the following chapters
- Mix of Europeans and Americans
- Eight out of eleven pre-war cars with new owners
- Only a third of the most expensive 15 cars sold
- Some surprises
- Shelby Potpurri slightly below expectations
- Replicas disappointed
- Favorable opportunities?
Estimated reading time: 4min
Preview (beginning of the article)
Shortly after Bonhams, RM/Sotheby's also launched its first major live auction of the new year on the same day. On January 25, 2024, 84 vehicles worth USD 44.7 million were offered in Arizona, half of them without a reserve price. Three quarters of the cars were sold, with an average price of USD 367,582 per car. Nine Ferrari and Porsche, seven Shelby, six Ford, Jaguar and Mercedes-Benz as well as five Chevrolet together made up more than half of the offer, all other brands were represented with lower numbers, some exotics such as American Bantam, Ghia or Spyker, as expected, with only one vehicle.
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