RM Auctions Posts Best Performance in History of the Hobby Generating Over $275 Million

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BLENHEIM,ON.- RM Auctions, the world’s largest collector car auction house, enjoyed a record-setting sales run in 2010, generating over $275 million* US in sales. The impressive total – an all-time high for the international auction company and for the hobby at large – includes the sale of 1613 motor cars at 12 separate auctions hosted in three different countries. In addition, the company achieved a strong 92 percent sales rate at its catalogue events in 2010, including a successful 100% sell-through at its Hershey sale in October. Cementing RM’s undisputed leadership position in the investment-grade segment of the market, a total of 40 motor cars achieved individual million-dollar-plus results at auctions throughout the year, 16 of which were realized at the company’s Monterey sale in August – the most recorded by any individual auction house during this year’s Pebble Beach week. The Mon