RM Sotheby’s held its 18th annual auction at the Ritz Carlton in Amelia Island, Fla., March 18. This sale has become one of the most anticipated events on the calendar, as Amelia Island has grown to be a world-class week-long destination for classic car enthusiasts. RM Sotheby’s docket was full of impressive cars this year, and the auction tallied $38.6M from 82 cars sold (out of 93 offered—an 88% sell-through rate). Gross totals were well off the $60.1M logged in 2015, primarily due to a much lower sales rate overall and several misses of some of the star cars.
This is a companion discussion topic for the original entry at https://www.hagerty.com/articles-videos/articles/2016/03/18/auction-recap-rm-amelia-island-2016