RM Sotheby’s Completes Online-Only Palm Beach Auction With $13.7M in Sales

Blenheim, Ontario, CANADA — RM Sotheby’s found success in its first catalog sale offered via the company’s time-based Online Only digital platform as 259 cars and 21 lots of memorabilia opened March 20 and closed in a staggered format from March 25-28.

Photo: RM Sotheby’s

The auction totaled $13.7 million in sales with an overall sell-through rate of 69%. Nearly 900 registered bidders — 23% percent more than the average number at RM Sotheby’s live South Florida auctions over the last four years — participated, originating from 44 countries. More than one-third of those were first-time bidders with the company. See cars still for sale.

Originally scheduled for March 20-21 at Palm Beach International Raceway, RM Sotheby’s transitioned the auction to its Online Only platform less than 10 days prior to the start date due to the global COVID-19 pandemic.

Top 10
• 1996 Porsche 911 GT2: $891,000
• 2019 McLaren Senna: $847,000
• 1963 Shelby 289 Cobra: $682,000
• 1963 Rolls-Royce Silver Cloud III: $434,500
• 2015 Ferrari 458 Speciale: $324,500
• 1961 Jaguar E-Type Series 1 3.8-Litre Roadster: $280,500
• 1992 Lamborghini LM002: $275,000
• 1983 Lamborghini Countach LP 5000S: $275,000
• 1966 Ferrari 330 GT 2+2 Series II: $260,000
• 2006 Ford GT: $242,000