Record Prices Expected at This Week's 2013 RM Auctions and Sotheby's NY Gala





Record Prices Expected at This Week's 2013 RM Auctions/Sotheby's NY Gala

1964 Ferrari 250 LM by Carrozzeria Scaglietti10



1964 Ferrari 250 LM by Carrozzeria Scaglietti7

The art world is in a frenzy. From Gurlitt to Rothko to Warhol, checks are being cut in denominations so large they might need an official escort.

This certainly extends to cars. Beautiful dry weather brought out the big spenders all spring an summer. Even versus a three-pack of masters, the $50-million-plus recent Ferrari total is unbelievably huge.

1964 Ferrari 250 LM by Carrozzeria Scaglietti3

It is particularly interesting that such a sale was so public, in some regards.


1964 Ferrari 250 LM by Carrozzeria Scaglietti5

Typically, buyers in that type of market are not browsing the night of the auction. Closed-doors deals are generally "okay" to ask for when spending that type of loot anyway.

So the public sale of a vehicle - any vehicle - at that total indicates a flush and frenzied market. And for good reason. Cars are fabulous, and owning a great one can land you some fabulous invitations to Lake Cuomo-or-better shows all year round.

A public sale like this also means other cars we all know any love are changing hands at perhaps a 10:1 ratio. The ten being private, for every one sold in public.

Big dollars, big cars, big dreams.

If you are in Manhattan the 21st of November, perhaps now is the time to see who you "know" at Sotheby's or RM Auctions!

1967 Toyota 2000GT

0007-NY13_r116_07

Enjoy this photo showcase, with all image credits to RM Auctions. Do not miss the Symposium!  Please click here to register.

 1964 Ferrari 250 LM by Carrozzeria Scaglietti





RM Auctions and Sotheby's Present: The Art of the Automobile

Event Information

  • Location Sotheby's New York  , 1334 York Avenue, New York, New York 10021 United States

Admission: Please note, the auction is for registered bidders only and is a ticketed event. Admission to the exhibition is open to the general public.

Auction

  • Thursday, November 21, 2013 ,2:00 pm EST

1941 Cadillac Custom Limousine "The Duchess" by General Motors

EXHIBITION DATES

  • Monday, November 18, 2013, 10:00 am-5:00 pm EST

  • Tuesday, November 19, 2013, 10:00 am-5:00 pm EST

  • Wednesday, November 20, 2013, 10:00 am-5:00 pm EST

SYMPOSIUM Tuesday, November 19, 2013, 6:00 pm EST

  • The automobile is appreciated, analyzed, and enjoyed as veritable artwork with insight from the expert panelists including:

    • Leslie Keno, Senior International Specialist, Sotheby's.

    • Sam Mann, car collector and four-time Best of Show winner at Pebble Beach

    • Miles Collier, car collector, artist, and noted authority on collector cars

    • Peter Mullin, founder of Mullin Automotive Museum, Chairman of Petersen Museum

    • Moray Callum, Executive Director of Americas Design at Ford Motor Company

    • M. Fuhrman, pre-eminent automotive photographer

PREVIEW RECEPTION Tuesday, November 19, 2013, 7:00 pm EST

  • Cocktail party to follow Symposium, where guests are invited to preview the automobiles on offer.

  • Admission to both the Symposium and Reception are for registered bidders, consignors and qualified media only. Please click here to register.

 1964 Chevrolet CERV II




Sale Produced By RM Auctions, in association with Sotheby’s

Guest Services - Hotels



Shipping

  • Representatives from Reliable Carriers will be onsite to assist clients wishing to transport an automobile purchased at auction. For further information, please contact:

Insurance

  • Our official insurance partner is Hagerty, the global leader in classic car insurance. Hagerty representatives will be available onsite. For further information, please contact:

  • Hagerty

    1 877 922 9701

    www.hagerty.com

Sale Produced By RM Auctions, in association with Sotheby’s

0005-NY13_r120_06