There were, of course, headliners at this year’s RM Auction at the Amelia Island Concours d’Elegance: the big buck classics. The softening that some say has hit the collector car market hasn’t touched the huge dollar cars, at least not yet. At Amelia, the cream of the collector car crop exceeded or met preauction price estimates.
Two Duesenbergs and Edsel Ford’s tailor-made hot rod - see yesterday’s post - all broke the million dollar barrier. At $2,650,000, a Murphy bodied Duesenberg exceeded the top preauction estimate by $650,000. The other Duesenberg, a 1929 LeBaron-bodied berline, 210,000 brought $10,000 above the preauction estimate at a sale price of $1,210,000. A 1931 Bentley 8 liter “Open Tourer” with bodywork by Harrison brought $2,200,000. RM had declined to make a preauction estimate on either the Bentley or the Edsel Ford special.
Even a notch down in price, the truly rare classics held their value.
(more after the jump)