Blenheim, Ontario – Ontario-based RM Auctions is celebrating the 25th anniversary of its Sports & Classics of Monterey in California on August 12 to 14, 2010, featuring 16 automobiles estimated to garner over US$1 million.
Extended to three days, the event will showcase over 200 automobiles. “RM’s worldwide presence and clientele has enabled us to assemble an auction offering that is second to none,” said Rob Myers, chairman and CEO. “From the motor cars to the presentation, we’re pulling out all the stops for our silver anniversary sale in Monterey and putting on a show that’s not to be missed.”
The feature vehicle is a 1958 Ferrari 250 “Pontoon Fender” Testa Rossa, which the company said is the most important and valuable vehicle ever to be offered at the Monterey sale. Other vehicles include a 1931 Bugatti Type 51, a 1964 Cooper-Ford “King Cobra,” a 1938 BMW 328 Roadster, a 1938 Peugeot 402 Pourtout Special Roadster that was believed to have been raced in France, England and Belgium before the war, and a rare 1955 Jaguar D-Type that is estimated to top $2 million.
American-built cars on offer include a 1933 Packard Twelve Custom Dietrich Coupe, 1931 Duesenberg Model J Convertible Sedan, 1930 Stutz Model M Supercharged Coupe, and one of the 51 1948 Tucker sedans built, expected to draw between $550,000 and $750,000.
On Thursday, August 12, the program will begin with a dedicated Ford-themed evening auction, featuring a 1903 Ford Model A Rear Entrance Tonneau that is one of the earliest surviving Fords in existence, estimated to sell for $600,000 to $800,000.
For more information, visit RM Auctions.