RM Auctions
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RM Auctions
| Industry | Auctioneering |
|---|---|
| Founded | Ontario, Canada (1991) |
| Founder(s) | Rob Myers |
| Headquarters | Blenheim, Ontario |
| Key people | Rob Myers, CEO |
| Products | Automobiles |
| Services | Auctioneering, Restoration, Financial Services |
| Subsidiaries | Auctions America by RM |
| Website | RMAuctions.com |
RM Auctions, incorporated in 1991, is a classic car auction company which maintains offices in Canada, the United States, UK, and Germany. The company's headquarters are located in Blenheim, Ontario. The company also does restoration, private treaty sales, auctions, estate planning and financial services.
RM has additional divisions, including a full restoration shop. Their restored vehicles have won awards, including Pebble Beach Concours d'Elegance wins in the last few years, including an unprecedented three Best in Show wins in a six year period.[citation needed]
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History
RM averaged $303,000 per sale in 2007.[1]
As of May 2, 2010, RM has sold 160 million-dollar-plus-cars.[citation needed] RM holds five of the top 10 - and four of the top five – all time records for the most expensive motor cars sold at auction, with the number one car being the 1957 Ferrari 250 Testa Rossa sold in May 2009 for $12,402, 500 in Maranello, Italy. [2]
RM has offered to buy Barret-Jackson for an undisclosed amount.
Wind Farm CEO of SilverWind Power Corporation David J Silver during his early years, detailed numerous Ferrari's for the auction company at the Arizona Biltmore Hotel in early 2000. Silver has commented that Rob Myers is the man to lead all collector car auction houses Worldwide.
Auctions America by RM
Auctions America by RM is a collector car and vintage motorcycle auction company that was incorporated in July 2010 under the RM Auctions banner. It’s headquartered in Auburn, Indiana, at the 235-acre Auburn Auction Park. Auctions America by RM hosts five auctions and one marketplace each year at locations across the country, including Auburn, Indiana; Fort Lauderdale, Florida; and Carlisle, Pennsylvania.
Auctions America by RM is a subsidiary of RM Auctions. Kruse International sold the Auburn Auction Park to RM Auctions, on July 1, 2010.[3]
References
- ^ Rob Sass (2008-08-07). "New York Times". The New York Times. http://www.nytimes.com/2008/08/10/automobiles/collectibles/10PEBBLE.html?ref=automobiles. Retrieved 2008-08-27.
- ^ "Farrari Testa Rosa Breaks All Time Record". 2009-05-17. http://www.sportscardigest.com/ferrari-250-testa-rossa-breaks-all-time-auction-record/. Retrieved 2009-06-17.
- ^ Jewett,Dale."RM Auctions buys Auburn complex from Kruse", "AutoWeek", Detroit, 1 July 2010. Retrieved on 24 February 2012.
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