RM Classic Car Auction
Encyclopedia
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 also has other 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.
RM averaged $303,000 per sale in 2007.
As of May 2, 2010, RM has sold 160 million-dollar-plus-cars. 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.
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.
Classic car
A classic car is an older car; the exact meaning is variable. The Classic Car Club of America maintains that a car must be between 20 and 40 years old to be a classic, while cars over 45 years fall into the Antique Class.- Classic Car Club of America :...
auction
Auction
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder...
company which maintains offices in Canada, the United States, UK, and Germany. The company's headquarters are located in Blenheim, Ontario
Blenheim, Ontario
Blenheim is a community located in south-central Chatham-Kent, Ontario, Canada, with a population of 4,800.- History :By 1783, there were French settlers in Detroit and Windsor. There were also settlers in the Niagara and Kingston region, but no real settlers to speak of in the Kent County region...
. The company also does restoration, private treaty sales, auctions, estate planning and financial services.
RM also has other divisions, including a full restoration
Automotive Restoration
Automobile restoration is the process of repairing the degraded aspect of a car to return it to an overall "authentic" condition. To renovate a car without updating or upgrading it by keeping in line with how it would have appeared when first offered for sale...
shop. Their restored vehicles have won awards, including Pebble Beach Concours d'Elegance
Pebble Beach Concours d'Elegance
The Pebble Beach Concours d'Elegance is an automotive charitable event held each year on the Pebble Beach Golf Links in Pebble Beach, California, considered the most prestigious event of its kind. It is the finale of a week long festival of classic cars events in the Monterey area every year...
wins in the last few years, including an unprecedented three best in show wins in a six year period.
RM averaged $303,000 per sale in 2007.
As of May 2, 2010, RM has sold 160 million-dollar-plus-cars. 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.
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
Arizona Biltmore Hotel
The Arizona Biltmore Hotel is a resort located in Phoenix near 24th Street and Camelback Road. It recently joined the Hilton Hotels' luxury collection The Waldorf-Astoria Collection and was also featured on the Travel Channel show Great Hotels....
in early 2000.