$7.4m RM Sale in Motor City — Keith Martin Blogs on Pickups and Muscle Cars at St. John’s

RM Auctions, the official auction house of the Concours d’Elegance of America at St. John’s, celebrated 20 years of auctions in the Detroit area this past weekend. The auction house posted $7.4 million in total sales at its annual Motor City sale on July 26 in Plymouth, MI. The top-selling American car was a 1906 Studebaker Model G Tourer, sold at $275,000 and pictured above. A 1930 Gar Wood 28’ Triple Cockpit Runabout, originally built for Logan T. Wood and delivered new to Detroit, tied the Studebaker at the same $275,000. A 1925 Duesenberg Model A Touring, the original road-going Duesenberg, exceeded its high estimate of $264,000.

ACC Publisher Keith Martin was co-emcee at the Concours. Check out his story and photos here.

A featured attraction of the Concours d’Elegance of America at St. John’s weekend, the Motor City sale lifted the gavel on an eclectic mix of 77 vehicles and one classic boat, with 77% of all lots sold. Bidders represented 10 countries, including Germany, Australia, and the emerging markets of Russia and the UAE. Within the U.S., bidders came from 31 states, with strong interest demonstrated by collectors from America’s Midwest.

“With its rich automotive history and culture, the Motor City again provided a fantastic backdrop for our annual Michigan sale,” says Mike Fairbairn, Specialist, RM Auctions. “In addition to featuring many vehicles that were built and conceived in Detroit, we were pleased to expand the scope of the sale this year to include more European classics, which found ready buyers. We were also proud to return as the longest running sponsor of the Concours d’Elegance of America at St. John’s. All in all, it was a great weekend and a wonderful illustration of the passion that drives our hobby.”

RM Auctions – Motor City Top Six Sales:

Lot 158 – 1911 Mercedes 38/70HP Seven-Passenger Touring – $495,000

Lot 146 – 1953 Rolls-Royce Silver Dawn Drophead Coupe – $352,000

Lot 129 – 1906 Studebaker Model G Touring – $275,000

Lot 132 – 1930 Gar Wood 28’ Triple Cockpit Runabout “Katie’s Choice” – $275,000

Lot 126 – 1925 Duesenberg Model A Touring – $264,000

Lot 128 – 1925 Renault Model 45 Tourer – $264,000

RM continues its 2014 calendar with its flagship Monterey sale, August 15-16 in California. A must-attend event on the global collector car calendar, this year’s sale will lift the gavel on an exceptional roster of more than 125 blue-chip collector cars.

Full results from the Motor City sale, along with the digital catalogue for RM’s upcoming Monterey sale are available online at www.rmauctions.com.