Rare prices open new classic car auction season

PHOENIX, Ariz. — The classic car auction company that stages a major sale each year in the Detroit area opened its 2012 season here by selling 126 collector vehicles for more than $25.5 million.

“The results speak for themselves,” said Rob Myers, chairman and founder of RM Auctions, “once again proving that great automobiles, rare, correct examples with documented provenance, consistently attract great prices at auction as collectors continue to seek out the best examples for their collections.

“We look forward to continuing the momentum at our upcoming Milhous Collection and Amelia Island sales.”

RM stages a major auction each year in conjunction with the Concours d’Elegance of America at The Inn at St. Johns in Plymouth. This year, that auction is scheduled for July 28.

RM’s next event is a February 24-25 sale, in conjunction with auction house Southeby’s, of the Milhous Collection, an amazing array of mechanical and musical instruments, motor cars and other collectibles assembled in Boca Raton, Florida, by brothers Bob and Paul Milhous.

The brothers launched a weekly shopper-style newspaper in California in the mid-1960s. They bought a printing press and grew their company into a major publisher of weekend newspaper advertising supplements, magazines and television listing books.

Their collection, now housed in their fifth Milhous Museum, includes antique firearms and furniture, art, clocks, cars — real and scale models — a carousel with 42 animals and automatic musical instruments that, to put it simply, amount to orchestras in a box, albeit a very ornate box. See http://www.rmauctions.com/milhous-collection.cfm# for details, including an amazing four-minute video preview.

Pacing RM’s year-opening auction here at the Arizona Biltmore was a 1967 Ferrari 410 Superamerica coupe with special bodywork by Scaglietti. The car sold for $1.815 million.

Ferrari built only 34 of its 410 Superamerica models and this was the only one with special design touches by the coachbuilder whose shop was just across the street from Ferrari’s own facilities.

A 1959 BMW 507 roadster and a 1973 Ferrari 365 GTB/4 Daytona Spider each sold for $990,000 while a 1963 Ferrari 250 GT Lusso Berlinetta brought $979,000.

Larry Edsall is a Phoenix-based freelance writer. You can reach him at ledsall@cox.net.


Larry Edsall
Larry Edsall is a Phoenix-based freelance writer. You can reach him at ledsall@cox.net.