2015 Amelia Island Classic Car Auction Results Overview

1974 Porsche 911 Carrera 3.0 RSR (Café Mexicano)
© Jensen Sutta / Gooding

A 1960 Ferrari 400 Superamerica Cabriolet was the most-expensive car sold at the 2015 Amelia Island auctions. 23 cars sold for over a million dollars each: 13 by RM Sotheby’s, 7 by Gooding and 7 by Bonhams. The million-dollar plus cars ranged in age from a 1908 American Underslung to a 2011 Ferrari 599 SA Aperta. In addition to 7 Ferraris and 4 Mercedes Benz cars, 2 racing Jaguars and 4 pre-war American cars sold for more than a million dollars.

Million-Dollar Cars at the 2015 Amelia Island Auctions

The following 23 cars achieved results of a million dollar or more at the Amelia Island classic car sales held during mid-March 2015:

Year Car Price ($) Auction House
1960 Ferrari 400 Superamerica SWB Cabriolet 6,380,000 RM Sotheby’s
1955 Jaguar D-Type 3,675,000 RM Sotheby’s
1967 Ferrari 275 GTB/4 3,300,000 Gooding
1972 Ferrari 365 GTB/4 Daytona Spider by Scaglietti 3,300,000 RM Sotheby’s
1935 Mercedes-Benz 500/540 K Cabriolet A by Sindelfingen 3,025,000 RM Sotheby’s
1931 Alfa Romeo 6C 1750 Gran Sport Spider by Zagato 2,420,000 RM Sotheby’s
1938 Bugatti Type 57C Aravis Cabriolet by Gangloff 2,337,500 RM Sotheby’s
1971 Lamborghini Miura SV 2,310,000 RM Sotheby’s
1988 Jaguar XJR-9 2,145,000 RM Sotheby’s
1967 Shelby 427 ‘Semi-Competition’ Cobra 2,117,500 RM Sotheby’s
1961 Ferrari 250 GT Series II Cabriolet 2,090,000 Gooding
1930 Cord Model L-29 Town Car 1,760,000 Bonhams
1908 American Underslung 50HP Roadster 1,738,000 Bonhams
1991 Ferrari F40 1,622,500 Gooding
1953 Ferrari 212 Europa Coupe by Vignale 1,550,000 RM Sotheby’s
1963 Mercedes-Benz 300 SL Roadster 1,275,000 Gooding
1957 Mercedes-Benz 300 SL Roadster 1,237,500 Gooding
1974 Porsche 911 Carrera 3.0 RSR 1,237,500 Gooding
1930 Duesenberg Model J ‘Sweep Panel’ Dual-Cowl Phaeton by LeBaron 1,155,000 RM Sotheby’s
2011 Ferrari 599 SA Aperta 1,155,000 Gooding
1955 Austin-Healey 100S 1,120,000 RM Sotheby’s
1956 Mercedes-Benz 300 Sc Cabriolet 1,100,000 RM Sotheby’s
1932 Stutz DV-32 Super Bearcat Convertible 1,012,000 Bonhams

Prices include auction premium. Some deals may have been negotiated post-hammer but were included in the first results published.

Auction Houses at Amelia Island 2015

1960 Ferrari 400 Superamerica SWB Cabriolet at RM Sotheby's Auction
Darin Schnabel © 2015 RM Sotheby’s

Amelia Island 2015 was the first classic car auction since RM Auctions became RM Sotheby’s. RM Sotheby’s, the official auctioneer of the Amelia Island Concourse d’Elegance, had with just over a hundred cars on offer the largest sale of the week. RM Sotheby’s earned an Amelia Island sale record $60 million with a remarkable sell-through rate of 98%. Not only were the two highest prices realized on RM Sotheby’s cars but the auction house sold nine of the top ten most-expensive cars of the week.

1967 Ferrari 275 GTB/4 at Gooding Auction
© Jensen Sutta / Gooding & Co

Gooding & Company earned $27 million with 76 of 85 cars sold for a sell-through rate of 89%. The unsuccessful $4.7 million bid for a 1955 Maserati 200 SI was the second highest bid of the week.

Bonhams held its first Amelia Island auction ever in 2015. Bonhams had around 80 cars on offer and earned $14 million with a sell-through rate of 79%. All three its million-dollar results were for pre-war American cars.

Ferraris at Amelia Island 2015

Green 1960 Ferrari 400 Superamerica SWB Cabriolet
1960 Ferrari 400 Superamerica SWB Cabriolet
Darin Schnabel ©2015 RM Auctions

Ferraris are usually the most-expensive cars at major classic car auctions and Amelia Island was no exception. Seven of the 23 cars selling for more than a million dollar were Ferraris.

The top result was for a 1960 Ferrari 400 Superamerica SWB Cabriolet. RM Sotheby’s set a new model record when it achieved $6,380,000 on this car with a rare dark green body. RM Sotheby’s will have two further 400 Superamericas in The Andrews Collection sale on May 2, 2015.

1972 Ferrari 365 GTB/4 Daytona Spider by Scaglietti
1972 Ferrari 365 GTB/4 Daytona Spider Robin Adams ©2015 Courtesy of RM Auctions

The third highest price during Amelia Island 2015 – $3,300,000 – was achieved by two Ferraris: a 1967 Ferrari 275 GTB/4 sold by Gooding and a 1972 Ferrari 365 GTB/4 Daytona Spider. (Daytona Berlinettas, in contrast, achieved around $700,000 at these sales.)

The only other multi-million dollar Ferrari was a 1961 Ferrari 250 GT Series II Cabriolet – the second highest result for Gooding.

1953 Ferrari 212 Europa Coupe by Vignale
1953 Ferrari 212 Europa Coupe by Vignale – Glenn Zanotti ©2015 RM Auctions

Gooding sold a 1991 Ferrari F40 for $1,622,500 – immediately after the highest bid of $1.45 million was rejected. Bonhams had an unsuccessful highest bid of $1,050,000 for a 1992 F40. RM Sotheby’s similarly sold the 1953 Ferrari 212 Europe Coupe by Vignale for a $1,550,000 price negotiated after the hammer came down.

RM Sotheby’s set a new model record of $1,155,000 for a 2011 Ferrari 599 SA Aperta. This Ferrari was the newest car selling for over a million at the auction.

Other Italian Cars at the 2015 Amelia Island Sales

1931 Alfa Romeo 6C 1750 Spider (Front View)
1931 Alfa Romeo 6C 1750 Spider
Darin Schnabel ©2015 RM Auctions

Ferraris achieved the highest prices but several other Italian marques achieved results over a million dollar:

  • A 1931 Alfa Romeo 6C 1750 Gran Sport Spider by Zagato sold for $2,420,000 at the RM Sotheby’s auction, which must have been some relief after similar 1930s Alfas struggled at the Paris 2015 sales.
  • A 1971 Lamborghini Miura SV sold for $2,310,000 at the RM Sotheby’s auction. This car was used to set the fuel consumption data as the first car imported to the USA.
1956 Maserati 200 SI
1956 Maserati 200 SI © Gooding & Co

Two high-profile Italian cars failed to clear the reserve margins at the Gooding sale:

  • A 1955 Maserati 200 SI had the second highest bid of the week but $4.7 million failed to buy the car.
  • A 1953 Fiat 8V Coupe had a Ferrari-like bid of $1.2 million rejected.

German Cars at the Amelia Island 2015 Sales

1935 Mercedes-Benz 500/540 K Cabriolet A by Sindelfingen
Patrick Ernzen ©2015 RM Auctions

Several Mercedes Benz cars were on offer at the 2015 Amelia Island classic car auctions with four selling for more than a million.

A 1935 Mercedes Benz 500/540 K Carbiolet A sold for $3,025,000 at RM Sotheby’s as the most-expensive Mercedes Benz car sold thus far in 2015. A rare 1956 Mercedes Benz 300 Sc sold for $1.1 million at the same auction.

The Mercedes Benz 300 SLs sold well below the expectations at the Amelia Island auctions in 2015: Gooding sold two 300 SL Roadsters for around $1.25 million while RM Sotheby’s saw a 300 SL Roadster sell for only $902,500. The 300 SL at Bonhams was withdrawn prior to the sale but four 300 SLs will be on offer at the Bonhams Mercedes Benz Sale in Stuttgart end March 2015.

Cafe Mexicano 1974 Porsche 911 Carrera 3.0 RSR
© Gooding & Co

Porsches often do well at Amelia Island and in 2015 Gooding sold the “Café Mexicano” 1974 Porsche 911 Carrera 3.0 RSR for a model record of $1,237,500. It was the first time this year that a 911 sold for over a million dollars – several came close or had bids over a million dollar refused at recent auctions. It is also the highest price for a 911 since $1.4 million was paid for a 1971 Porsche 911 Carrera 2.7 RS Lighweight at the Gooding Amelia Island 2014 sale.

American Cars at the 2015 Amelia Island Auctions

Several American cars sold for more than a million dollars at the 2015 Amelia Island auctions.

1930 Cord Model L-29 Town Car
1930 Cord Model L-29 Town Car © Bonhams

All top-three results at Bonhams were for pre-Second World War American cars:

  • $1,760,000 for a 1930 Cord Model L-29 Town Car
  • $1,738,000 for a 1908 American Underslung 50 HP Roadster – a new model record for what many consider the first American sportscar.
  • $1,012,000 for a 1932 Stutz DV-32 Super Bearcat Convertible.
1967 Shelby 427 'Semi-Competition' Cobra
1967 Shelby 427 ‘Semi-Competition’ Cobra – Ryan Merrill ©2015 RM Auctions

RM Sotheby’s sold a 1930 Duesenberg Model J for over a million while Gooding failed to find a buyer for a 1934 Duesenberg Model SJ but sold a 1932 Lincoln KB Custom Stationary Coupe for $836,000.

However, the most-expensive American car was a 1967 Shelby 427 ‘Semi-Competition’ Cobra that RM Sotheby’s sold for $2,117,500. At the same auction, a 1963 Shelby 289 Cobra sold for $990,000.

Jaguars at Amelia Island 2015

1988 Works Jaguar XJR-9 (Front)
1988 Works Jaguar XJR-9 – Tim Scott ©2014 RM Auctions

Two racing Jaguars were much hyped prior to the auctions but both sold below expectation at the RM Sotheby’s sale:

  • A 1955 Jaguar D-Type sold for $3,675,000 in a deal negotiated post hammer.
  • The 1988 Jaguar XJR-9 that won the 1990 Daytona 24 Hours sold for $2,145,000 – nearly a million dollar below the lower estimate.

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