Media Release


RM SOTHEBY'S NEWSFLASH: MERCEDES-BENZ 540 K SPECIAL ROADSTER SELLS FOR $9.9 MILLION TO SET NEW ARIZONA AUCTION RECORD

Arizona

Ben Majors © 2016 courtesy RM Sotheby’s

PHOENIX, Arizona (January 29, 2016) –  A 1937 Mercedes-Benz 540 K Special Roadster sold for an outstanding $9,900,000 at RM Sotheby’s Arizona Biltmore sale in Phoenix tonight to enter the history books as the most valuable automobile ever sold during the famed Arizona auction week. The previous record for an automobile sold in Arizona was held by a Ferrari 250 LM, which garnered $9.625 million at RM’s 2015 Arizona Biltmore sale.

 

One of the most prestigious and beautiful automobiles of the interwar years, the extremely elegant Special Roadster, chassis no. 130894, was one of very few built in the most desirable configuration of high doors, long tail and factory left-hand drive. An original U.S.-delivery car with known history from new, it was offered in Phoenix in wonderful, restored condition with a mere 10,277 miles on its odometer and following 26 years in single ownership.

 

Bidding on the stunning automobile opened at $5 million before quickly climbing to a final $9,900,000. In addition to setting an auction benchmark for an automobile sold in Arizona, the strong price ranks the vehicle as one of the most valuable pre-war automobiles ever sold at auction.

 

 

Other highlights of RM’s Friday sale session at the Arizona Biltmore included a 1952 Cunningham C-3 Coupe, one of just 19 built, which sold for $1,210,000—a new auction record for the marque—and a 1939 SS 100 Jaguar 2½-Litre Roadster that realized $1,402,500 to set a new auction benchmark for a Jaguar SS 100.

 

Full results from RM Sotheby’s Arizona Biltmore sale will be posted online at www.rmsothebys.com.

 

*Prices are listed in USD and are inclusive of 10% buyer’s premium for automobiles.

 

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About RM Sotheby’s

RM Sotheby’s (formerly RM Auctions) is the world's largest auction house for investment-quality automobiles. With 35 years’ experience in the collector car industry, RM's vertically integrated range of services, from private treaty sales and auctions to estate planning and financial services, coupled with an expert team of car specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. As a company, RM Sotheby’s has established numerous auction benchmarks, including the current record for the highest-grossing collector car auction of all time, with $172.9 million in sales at its 2015 Monterey event. In February 2015, RM formed a strategic partnership with Sotheby’s, uniting the two companies for the full calendar of future automobile auctions. For further information, visit www.rmsothebys.com.  

Alexander Weaver

aweaver@rmsothebys.com

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

asabatie-garat@rmsothebys.com

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

bruprecht@rmsothebys.com

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

dswig@rmsothebys.com

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

drose@rmsothebys.com

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

dgould@rmsothebys.com

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

jauerbach@rmsothebys.com

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

kforry@rmsothebys.com

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

mmalamut@rmsothebys.com

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

msquire@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

mfairbairn@rmsothebys.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

ocamelin@rmsothebys.com

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

pdarvill@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

pfisher@rmsothebys.com

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

smyers@rmsothebys.com

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

tvandervelden@rmsothebys.com

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more