RM auctioned off Andrews Collection for around 52 million
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Created on May 3, 2015
, Reading time 4min
Text:
Bruno von Rotz
Photos:
Darin Schnabel - Courtesy RM Auctions / Sotheby's
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Summary
On May 2, 2015, RM Sotheby's auctioned 78 vehicles from the Andrews Collection, including two Ferrari 400 Superamerica, three Shelbys and a very special Graber Packard Eight from 1938. On average, a vehicle changed hands for 594,000 euros or CHF 621,000, so a lot of money flowed into Fort Worth. This auction report analyzes the results and shows all bids in the picture as well as in the detailed results table.
This article contains the following chapters
- Graber Packard meets the high expectations
- Cisitalia copy almost as expensive as the original
- Really expensive
- Less in demand
- List of the auctioned vehicles
Estimated reading time: 4min
Preview (beginning of the article)
It was not the first time that RM Sotheby's had auctioned an entire collection, nor was it a first that all the vehicles were offered without a reserve price. And this time, too, the risk for the consignors was manageable, as RM succeeded in selling the 78 vehicles for around USD 52 million (EUR 46.3 million, CHF 48.4 million). On average, a bidder paid around USD 668,000 (EUR 594,000, CHF 621,000) per car at the Andrews Collection auction in Fort Worth (Texas) on May 2, 2015, not least thanks to a whole series of million-dollar lots, such as the Mercedes-Benz 300 SL Roadster, which fetched an impressive USD 1.84 million (EUR 1.64 million, CHF 1.71 million).
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