RM Auctions Achieves Over £23 Million in Two Hours at Concorso d’Eleganza Villa d’Este

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CERNOBBIO, ITALY.- RM Auctions, the world’s largest collector car auction house for investment-quality automobiles, kicked off its 2011 European calendar in style on the weekend, posting over €23 million** ($33,436,750 USD) at its debut sale at the Concorso d’Eleganza Villa d’Este in Cernobbio, Italy. Held in conjunction with the celebrated Italian concorso d’eleganza, the two-hour sale treated a discerning international audience to one of the most significant offerings of collector cars presented in recent auction history, including the highly-anticipated sale of six unique Bertone concept cars. Featuring a handpicked selection of 32 motor cars, six automobiles achieved individual million-euro-plus results, with two lots surpassing €3 million. Top sale honours went to a stunning1955 Ferrari 375 MM Berlinetta for €3,360,000, along with a breathtaking, concours-quality 1938 Talbot-Lago T1