In 2023, RM Sotheby’s soared to over $811 million in sales, marking a historic year with unforgettable car auctions.
2023 was nothing short of sensational for the luxury auction professionals RM Sotheby’s, as they capped off the 2023 year with a jaw-dropping $811 million in sales. This monumental achievement is an example of RM Sotheby’s expertise in the world of luxury and classic collector cars. From live auctions to online events and its ultra-exclusive Sotheby’s Sealed program, they’ve found endless ways to bring the action to you. The auction house reported a sell-through rate of 96% across its multiple sales platforms, including 16 live auctions, five online auctions, and 11 Sotheby’s Sealed auctions. What’s more interesting is that nearly half of those in attendance were first-time bidders, flexing RM Sotheby’s continuous popularity in the collector’s market.
Top 10 Live Auction Results for the Year
1962 Ferrari 330 LM / 250 GTO by Scaglietti sold for $51,705,000 USD in New York in 2023
2013 Mercedes-AMG Petronas F1 W04 sold for $18,815,000 USD at Las Vegas 2023
1957 Jaguar XKSS sold for $13,205,000 USD at Monterey 2023
1972 Ferrari 312 PB sold for $12,996,266 USD at Villa Erba 2023
2022 Bugatti Chiron Profilée sold for $10,622,806 USD at Paris 2023
2002 Mercedes-Benz CLK GTR Roadster sold for $10,235,000 USD at Las Vegas 2023
1961 Ferrari 250 GT SWB Berlinetta by Scaglietti sold for $7,107,881 USD at Villa Erba 2023
1959 Ferrari 410 Superamerica Coupe Series III by Pinin Farina sold for $6,605,000 USD at Monterey 2023
1955 Ferrari 121 LM Spider by Scaglietti sold for $6,169,857 USD at Le Mans 2023
1967 Ferrari 275 GTB/4 by Scaglietti sold for $5,395,000 USD at Monterey 2023
The big money sales included the auction of a 1962 Ferrari 330 LM / 250 GTO by Scaglietti, which sold for a whopping $51.7 million, making it the the most valuable Ferrari ever sold. Additionally, the sale of Lewis Hamilton’s 2013 Mercedes-AMG Petronas F1 W04 for $18.8 million broke records as the most valuable modern Formula One car ever auctioned. The Monterey auction also made waves with $164 million in sales, featuring the unique Lost & Found Collection. And let’s not forget Sotheby’s Sealed and Private Treaty sales, which offered exceptional examples, including two exceptional ex-Michael Schumacher F1 Ferrari race cars. As RM Sotheby’s gears up for 2024 with plans to expand into the Middle East and launch new sales in the USA and EMEA, it’s clear they’re driving into the future with ambitious goals. View all RM Sotheby’s inventory for sale on duPont REGISTRY by clicking the link below.
Source: RM Sotheby’s