Dec 13

RM Auctions Tries to Revive Collector Car Auction Market in New York

by in Blog, News

RM Auctions has a reputable position in collector car auction industry around the globe. Their expertise encompasses restoration, collector advice not to mention exhibiting world’s finest cars in the most distinctive auctions. One such auction was organized in New York on November 21, 2013 at the Sotheby’s.

Despite being the centre of the evolution of collector car auction market back in 1960, New York now has become a lost cause for this market. Life in New York is very fast and people hardly have time to notice an expensive, flashy car which would invite their attention. Roads are filled with pedestrians and driving a fast car around is a nightmare. Moreover, people now prefer innumerable cabs on roads and public transport.

Despite of these impediments, RM auctions take a cause to promote the collector car auction market and organize this auction. The cars were displayed in Sotheby’s 10th Floor exhibition gallery, set up on raised white platforms in somewhat thematic cells. A total of 41 lots were offered: 33 automobiles, 1 child’s car, 1 ‘Park Drag’ coach by Brewster and six lots of automobiles.

RM’s Erica Reaume orchestrated the exhibition which reflected the perceptive presentation which began early in 2013 at Arizona. It was simply fabulous and even mesmerized some of the specialists at Sotheby’s.

RM grabbed New York’s attention as the visitors fully grasped the quality of cars being exhibited. RM’s press office got the the feature coverage in Monday’s ‘Wall Street Journal’s.’Greater New York’ section.

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