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Amelia Island, March 14, 2011

RM Auctions, the official auction house of the Amelia Island Concours d’Elegance, continued its record-breaking sales run in Northeast Florida over the weekend, posting a remarkable $24.3 million* in total sales with a strong 96% of all lots sold at its 13th annual Amelia Island sale to claim the top sales results of the weekend.

Building on the company’s strong track record in Florida, the impressive sales total represents the highest tally achieved in the event’s 13 year history, with over a 25 percent increase on the company’s 2010 sale figures. As many as 27 lots exceeded pre- sale estimates.

In total, the single-day sale presented 103 lots, including a selection of vintage motorcycles, before a packed house, with bidders in the room joined by those on the phone and over the Internet. Illustrating RM’s global clientele, bidders hailed from over 24 countries around the world, including as far away as India, Argentina and the United Arab Emirates.

“We are thrilled by the results from the weekend’s sale, which represent RM’s best performance to date at Amelia Island. The buyer population appears to be more well-informed than ever, recognizing quality when they see it. In addition, many examples at our Amelia Island sale were fresh to the market, coming out of long-term ownership. Collectors recognized the unique and rare ownership opportunities these particular lots presented, as was reflected in the prices,” says Rob Myers, Chairman and Founder, RM Auctions.

Top sales honors of the weekend went to a rare 1952 Ferrari 340 Mexico Vignale Coupé, chassis number 0224 AT, offered from the private collection of former GM designer and Ferrari Club of America co-founder, Larry Nicklin. One of just three built and boasting a superlative racing pedigree, the hugely valuable competition coupé sparked a spirited bidding war in the room and on the phones, exceeding its pre-sale estimate to sell for an extraordinary $4,290,000. Also offered from the Nicklin Collection and exceeding its pre-sale estimate was a highly original 1953 Ferrari 212 Inter Vignale Coupé, chassis number 0267 EU, which realized $660,000. Both examples were offered for the first time in 30 years.

“The results are overwhelming,” said Mr. Nicklin following the sale. “I am thrilled with the prices achieved for my two Ferraris, both of which exceeded their estimates. It has been great working with RM – they are number one in every respect all around the world.”
Building on RM’s reputation as the specialists for private and estate collections, the distinguished collection of Jack and Marilyn Tallman also garnered significant interest. Spanning over 30 years of automotive design, the collection featured a wonderful array of early automobiles, many of which the Tallmans had owned for over 40 years and had enjoyed and driven in countless events, both at home and overseas. Headlining the collection was the sale of a handsome 1930 Cadillac Sixteen Roadster for $506,000 and a 1912 Packard Model 1-48 Custom Runabout for $407,000.

“We are very happy with the results from the sale of our collection at RM’s Amelia Island auction on the weekend,” said Jack Tallman after the auction. “It was a first-class event and a great experience. RM did an amazing job in the promotion and marketing of our collection to a global audience, and we recommend them to others looking to sell their collection or automobile at auction.”

RM’s Amelia Island Top 10 sales were as follows:
Lot Year Make Model Result in $ Incl. Commision
153  1952 Ferrari 340 Mexico Coupe $4,290,000
165 1930 Alfa Romeo 6C 1750 GS Spider $990,000
149 1933 Duesenberg Model J Torpedo Victoria $979,000
144 1930 Duesenberg Model J Convertible Coupe $962,500
166 1968 Ferrari 275 GTB/4 Berlinetta non matching engine # $935,000 163 1967 Ferrari 330 GTS $770,000
154  1953 Ferrari 212 Inter Coupe $660,000
152  1961 Mercedes-Benz 300 SL Roadster $627,000
161  1955 Mercedes-Benz 300 SL Coupe $627,000
172  1957 Ferrari 250 GT “Low Roof” Berlinetta $605,000

Beyond the top-seller’s list, other notable highlights well- exceeding their estimates included: a 1986 Ford RS200 Evolution, one of only 24 Evolutions built, for $159,500; and a beautifully-restored, early 1964 Porsche 911 for $225,500.
In addition to the sale, RM Auto Restoration had a strong presence on the show field at yesterday’s world-renowned Amelia Island Concours d’Elegance, with the beautifully-presented 1929 Duesenberg Model J Dual Cowl Phaeton owned by Charles Letts awarded ‘Best in Class’, and the striking 1960 Plymouth XNR Concept, displayed for the first time in 50 years in North America, also receiving honors. These latest accolades add to a string of awards received by RM Auto Restoration division in recent years, cementing its reputation as the world’s premier restoration facility for vintage automobiles.

Next up, RM kicks off its 2011 European auction calendar on May 21 with its debut sale at the celebrated Concorso d’Eleganza Villa d’Este. Held on the shores of Lake Como, Italy, the exclusive evening sale will feature an elite selection of the world’s finest motor cars, carefully hand-sourced from around the world by RM’s expert team of car specialists.

Images Peter Singhof www.ClassicCarPhotography.de

RM Amelia Island , Florida March 10, 2011 - 9:00 AM - 6:00 PM EST
Lot Year Make Model Chassis # Estimate Result

101 1940 Harley-Davidson ULH Flathead 4004626 $20,000- $30,000 WR $20,350

102  1949 Harley-Davidson Police Servi-car 49G2497 $20,000- $30,000 WR $49,500

103 1950 Harley-Davidson Servi-Car 50G3209 $25,000-$35,000 WR Sold

104 1954 Harley-Davidson FLE Police Bike 54FLE4738 $30,000- $40,000 WR $24,750

105  1915 Indian Big Twin Motorcycle 74G527 $60,000-$70,000 WR 52,250

106  1958 Vespa 400 Jolly 09575 $50,000-$70,000 WR $41,250

107  1967 Fiat 600D 2303310 $20,000-$30,000 WR $23,100

108  1960 Fiat 500 Jolly 078851 $50,000-$60,000 WR $82,500

109  1947 Talbot-Lago T-26 Record Sedan 101035 $50,000- $75,000 WR $66,000

110 1965 Jaguar E-Type Series I 4.2 Roadster  1E10968 $125,000-$140,000 $121,000

111  1986 Ford RS200 Evolution SFACXXBJ 2CGL00087 $80,000- $120,000 WR $159,500

112  1957 BMW Isetta 300 500678 $30,000-$40,000 WR $33,000

113  1955 Chevrolet Corvette  VE55S001156  $100,000-$125,000 $104,500

114  1948 Chrysler Town & Country Sedan  71003143  $90,000- $110,000 $88,000

115  1903 Oldsmobile Model R Curved-Dash Dos-a-Dos Runabout 17281 $50,000-$75,000 WR $55,000

116  1903 Cadillac Model A Rear-Entry Tonneau 455 $75,000- $100,000 WR $99,000

117  1913 Cadillac 4-Passenger Coupe 56479 $40,000-$60,000 WR $60,500

118  1934 Rolls-Royce PII Continental Drophead Sedanca Coupe 147RY $150,000-$250,000 WR $341,000

119 1927 Rolls-Royce Phantom I Brougham Limousine de Ville 78UF $150,000-$250,000 WR $99,000

120 1910 Peerless 30 hp Open-Drive Landaulet 5862 $100,000- $150,000 WR 93,500

121  1908 Packard Model 30 7-Passenger Touring 6277 $150,000-$200,000 WR $165,000

122  1932 Cadillac Sixteen Special Phaeton 1400044 $150,000- $200,000 WR $176,000

123  1930 Duesenberg Model J Dual Cowl Phaeton J237 $300,000-$400,000 WR $363,000

124  1912 Packard Model 1-48 Custom Runabout 23698 $300,000-$400,000 WR $407,000

125 1930 Cadillac Sixteen Roadster 700802 $350,000-$450,000 WR $506,000

126 1957 Dual-Ghia Convertible  158  $250,000-$350,000 $247,500

127  1938 MG TA Drophead Coupe 2736 $90,000-$120,000 WR $112,750

128 1916 Detroit Electric Brougham  5498  $40,000-$60,000 $52,250

129 1939 Cadillac V-16 Convertible Sedan  5290067  $250,000- $300,000 185,000 Not Sold

130 1953 Buick Skylark Convertible  16762137  $140,000- $180,000 $101,750

131 1934 Buick Series 90 Club Sedan 2714839 $80,000-$120,000 WR $110,000

132  1959 Edsel Corsair Convertible W9UR731836 $70,000- $90,000 WR $63,250

133  1930 Packard Custom Eight Phaeton  186689  $120,000- $160,000 $170,500

134  1911 Rolls-Royce Silver Ghost Open Drive Landaulette  1797 $350,000-$500,000 $506,000

135  1930 Packard Model 734 Boattail Speedster 184029 $125,000-$175,000 WR $181,500

136 1938 Peugeot 402 Darl'mat Légère "Special Sport" Roadster 705516  $350,000-$500,000 $522,500

137  1968 Lola T70 MK III GT Coupe T73-135 $150,000-$250,000 WR $165,000

138 1934 Packard Twelve Convertible Sedan  902424  $275,000- $375,000 $352,000

139 1929 Rolls-Royce Phantom II Imperial Cabriolet  XJ 127 / JX 45  $125,000-$150,000 $110,000

140  1957 DeSoto Adventurer Replica Convertible with Duofoil Boat and Trailer 55354910  $100,000-$140,000 $110,000

141  1956 Cadillac Eldorado Brougham Town Car Prototype  S0 2491  $500,000-$750,000 460,000 High bid Not Sold

142  1925 Duesenberg Eight Speedway Roadster  L333 $200,000-$275,000 $352,000

143  1934 Packard Eight Dual-Cowl Sport Phaeton 378984
$140,000-$180,000 WR $154,000

144 1930 Duesenberg Model J Convertible Coupe  J331 $850,000-$1,000,000 $962,500

145 1930 Packard Super Eight All-Weather Town Car 184676 $135,000-$175,000 WR $110,000

146 1930 Cord L-29 Sedan Phaeton  2927039  $150,000- $200,000 $209,000

147 1935 Auburn 851 SC Boattail Speedster  32923 E  $375,000- $475,000 $412,500

148  1909 Thomas-Flyer 6-40 7-Passenger Touring  254 $150,000-$250,000 $143,000

149  1933 Duesenberg Model J Torpedo Victoria  J384  $800,000- $1,100,000 $979,000

150  1954 Kaiser-Darrin Roadster 161001020 $100,000-$140,000 WR $170,500

151  1950 Fitch-Whitmore Le Mans Special  79456 $175,000- $250,000 $198,000

152  1961 Mercedes-Benz 300 SL Roadster  198.0421 0002869 $475,000-$550,000 WR $627,000

153 1952 Ferrari 340 Mexico Coupe  0224AT  $2,750,000- $3,500,000 $4,290,000

154 1953 Ferrari 212 Inter Coupe  0267EU  $375,000-$550,000 $660,000

155 1906 Pope-Waverley Victoria Phaeton  3774  $50,000- $80,000 $77,000

156  1909 Reliable Dayton Surrey 200  $30,000-$50,000 $38,500

157  1908 Oldsmobile Limited Prototype  60014  $600,000- $900,000 $544,500

158  1919 Rauch & Lang Double Drive Electric Coach  90290 $40,000-$60,000 $55,000

159  1913 Ford Model T C-Cab Delivery Car  238151  $40,000- $60,000 $60,500

160  1933 Chrysler CL Imperial Dual Cowl Phaeton  7803651 $375,000-$475,000 $352,000

161  1955 Mercedes-Benz 300 SL Coupe  198.04055. 00088 $575,000-$675,000 $627,000

162  1955 Ford "Beatnik Bubbletop" Custom  U5UG116632 $200,000-$300,000 140,000 Not Sold

163 1967 Ferrari 330 GTS  10561  $650,000-$800,000 $770,000

164 1936 Packard Eight Phaeton  394365  $150,000-$200,000 $143,000

165  1930 Alfa Romeo 6C 1750 GS Spider 8513064 $1,100,000- $1,500,000 WR $990,000

166 1968 Ferrari 275 GTB/4 Berlinetta  10813 non matching engine #  $1,100,000-$1,300,000 $935,000

167  1959 Aston Martin DB MKIII Saloon  AM300/ 3/1497 $135,000-$185,000 $148,500

168 1907 Victor Highwheel Electric Runabout  33759  $60,000- $90,000 $60,500

169 1926 Ford Frontenac Speedster  111  $40,000-$60,000 $38,500

170 1963 Rolls-Royce Silver Cloud III Drophead Coupe  LSCX659 $350,000-$450,000 wdn

171 1952 Lancia Aurelia B53 Coupe B53 1008 $125,000-$150,000 WR 99,000

172 1957 Ferrari 250 GT "Low Roof" Berlinetta  0673GT $550,000-$650,000 $605,000

173 1965 Shelby 289 Cobra  CSX 2485  $500,000-$600,000 $425,000 Not Sold

174 1953 BMW 327/2 Sport Cabriolet  87459  $175,000-$225,000 $220,000

175  1964 Morgan Plus Four Drophead Coupe 5613 $50,000- $70,000 WR $66,000

176  1957 Chevrolet Corvette E57S102469 $95,000-$125,000 WR $77,000

177  1967 Chevrolet Corvette 427/435 Roadster 194677S 111204 $125,000-$175,000 WR $121,000

178 1956 AC Ace Bristol Roadster  AEX 93  $135,000-$175,000 $148,500

179  2002 Cadillac Northstar Le Mans Prototype LMP-02-002 $200,000-$300,000 WR $209,000

180 1954 Talbot-Lago Grand Sport Coupe  111006  $125,000- $175,000 $154,000

181 1969 Ferrari 365 GT 2+2 Coupe  12689  $140,000-$180,000 $159,500

182  1954 Kurtis 500S Roadster KK500-035 $100,000-$140,000 WR $121,000

183 1961 Elder-Crawford Indy Roadster  N/A  $120,000-$160,000 $181,500

184  1981 Edmunds "Casey Special" Midget Race Car TBA $15,000-$25,000 WR $27,500

185 1936 Ford Two-Door Custom Phaeton ID30570COLO $60,000-$80,000 WR $35,750

186  1952 Morgan Plus Four Drophead Coupe P-2281 $50,000- $70,000 WR $66,000

187 1999 Shelby Series I Roadster 5CXSA1815XL 000217 $90,000-$120,000 WR $96,250

188 1951 Allard K2 Roadster  1808  $120,000-$130,000 $121,000

189 1956 Austin-Healey Factory 100M "Le Mans" Roadster 232949  $125,000-$150,000 $143,000

190 1962 Ferrari 250 GTE  3003GT  $130,000-$160,000 $121,000

191 1948 Jaguar Mark IV Drophead Coupe  637237  $110,000- $125,000 $137,500

192  1938 Ford DeLuxe Coupe 4262856 $45,000-$60,000 WR $60,500

193 1969 Mercury Cyclone Spoiler  9H15S549179  $15,000- $20,000 $33,000

194 1961 Jaguar E-Type Series I 3.8 Roadster  875053 $120,000- $140,000 $154,000

195 1964 Porsche 911 300221 $125,000-$175,000 WR $225,500

196  1899 Locomobile Steam Runabout TBA $50,000-$70,000 WR $63,250

197  1904 Locomobile Steam Runabout TBA $90,000-$120,000 WR $66,000

198  1901 Toledo Steam Runabout TBA $90,000-$120,000 WR Sold

199 1971 Mercedes-Benz 280SE 3.5 Cabriolet 111.02712. 003278 $100,000-$140,000 WR $121,000

200 1975 Ferrari 365 GT4 Berlinetta Boxer  18419  $125,000- $165,000 $220,000

201 1929 Franklin Model 135 Cabriolet 35191503418 $50,000- $60,000 WR $44,000

202 1951 Studebaker Pickup Truck R578106 $20,000-$30,000 WR $35,750

203  1959 MGA Twin-Cam Roadster YD3/1841 $60,000-$75,000 WR $77,000

204 1953 MG TD Roadster 24446 $18,000-$24,000 WR $22,000