Early Highlights for RM Auctions Palm Beach Sale Span the Collector Car Market

LASTEST FEATURES LED BY PRE-WAR, POST-WAR, AND MODERN CLASSICS

AUCTION SET FOR NEW LOCATION ON 20-21 MARCH AT
PALM BEACH INTERNATIONAL RACEWAY

  • RM Auctions South Florida event set for 20-21 March at the Palm Beach International Raceway
  • Two-day sale to feature more than 350 diverse collector cars, with early highlights including something for all tastes
  • Palm Beach auction will also see the offering of 22 motor cars from the bankruptcy estate of entities previously controlled by Bikram Choudhury
  • Event information and updated list of entries available at rmsothebys.com

BLENHEIM, ONTARIO, CANADA – February 19, 2020 – (Motor Sports NewsWire) – RM Auctions has released early highlights for the company’s annual South Florida sale, this year moving to the Palm Beach International Raceway on 20-21 March. Regarded as South Florida’s premier collector car auction, bidders can expect a diverse lineup of more than 350 collector cars to cross the auction block, alongside a selection of memorabilia and ranging from pre-war American Classics through to modern European high performance.

Stand out highlights to date include an assortment of European cars for all tastes and each promising an exciting experience behind the wheel, led by a beautifully restored 1961 Jaguar E-Type Series 1 3.8-Litre Roadster. Offered from 40 years of single ownership, the desirable matching-numbers, outside bonnet latch example wears a stunning restoration that has achieved multiple 99.9-point scores at Jaguar Club of North America events. Offered with a complete set of tools and documentation, the E-Type has covered few miles since restoration and awaits its next home and concours outing (Est. $285,000 – $325,000). Joining the E-Type is a 1992 Lancia Delta HF Integrale Evoluzione, presented in striking Derby Green over a Grey Alcantara interior and ready for the road following a fresh engine rebuild and thorough service (Est. $70,000 – $90,000), a Lamborghini LM002 of the same vintage, fresh from service and detailing and set to live up to its ‘Rambo Lambo’ nickname (Est. $275,000 – $325,000), a 2005 Ferrari F430, presented in excellent condition, equipped with the desirable six-speed manual transmission, and offered with its original owner’s manual, took kit, pump, and jack (Est. $180,000 – $200,000), and a rare 1971 Mercedes-Benz 280 SE 3.5 Coupe, fitted with the desirable 3.5 engine and floor-shift transmission, and the subject of a full engine rebuild and cosmetic restoration, though never fully restored (Est. $275,000 – $325,000).

1992 Lamborghini LM002 (Credit – Ryan Merrill © 2020 Courtesy of RM Auctions)
1992 Lamborghini LM002

2005 Ferrari F430 (Credit – © 2020 Courtesy of RM Auctions)
2005 Ferrari F430

RM Auctions will also present a number of single-owner private collections within the Palm Beach sale, among them eight cars from The Schluter Collection, comprised of a variety of desirable pre- and post-war classics. Leading the group is a 1934 Packard Eight Dual-Cowl Sport Phaeton, one of just 40 Sport Phaeton examples built for 1934, wearing a striking color scheme and a well-preserved older restoration (Est. $135,000 – $140,000).

1971 Mercedes-Benz 280 SE 3.5 Coupe (Credit – Erik Fuller © Courtesy of RM Auctions)
1971 Mercedes-Benz 280 SE 3.5 Coupe

1934 Packard Eight Dual-Cowl Sport Phaeton offered from The Schluter Collection (Teddy Pieper © Courtesy of RM Auctions)
1934 Packard Eight Dual-Cowl Sport Phaeton

Additionally, RM Auctions’ Palm Beach sale will present 22 cars from the bankruptcy estate of entities previously controlled by Bikram Choudhury; referred to as the Bikram Choudhury Car Collection. The funds raised from the auction of the recently seized cars will be used to pay various expenses and creditors of these estates, which include alleged victims. RM Auctions is working with the appointed bankruptcy trustee, Robbin L. Itkin, and her counsel at DLA Piper LLP, to present the cars at auction.

Cars from the bankruptcy estate of entities previously controlled by Bikram Choudhury, offered at Palm Beach (Corey Escobar © 2020 Courtesy of RM Auctions)
Cars from the bankruptcy estate of entities previously controlled by Bikram Choudhury

The group of cars set for the 20-21 March auction is offered entirely without reserve and includes 12 Rolls-Royces, five Bentleys, and a selection of additional American, British, Italian, and custom automobiles. The collection is led by:

  • A 1961 Rolls-Royce Phantom V Touring Limousine with coachwork by James Young. Ordered new through the famed Jack Barclay dealership, the car has been fully restored and is finished in the stunning shade of Queen’s Black Cherry over a Magnolia interior (Estimate: $70,000 – $90,000);
  • A 1963 Bentley S3 Drophead Conversion, a right-hand drive example converted earlier in its life to Drophead configuration and presented in restored condition (Estimate: $70,000 – $90,000);
  • A 1965 Rolls-Royce Silver Cloud III LWB, a U.S.-delivery car, sold new through Rolls-Royce of New York as a special long-wheel-based example ordered without a division window and presented today in fully restored condition (Estimate: $60,000 – $75,000);
  • A 1954 Bentley R-Type Saloon featuring stunning coachwork by Freestone & Webb with unique design cues and presented in a two-tone color combination in restored condition (Estimate: $50,000 – $75,000); and,
  • A 1969 Intermeccanica Murena 429 GT, the very first Murena produced of a mere 10 ever built, most of which found their way into celebrity ownership in period. It is powered by a 429 Ford V-8 engine backed by an automatic transmission.

Additional auction information and an updated list of entries for RM Auctions Palm Beach sale is available at rmsothebys.com. Interested bidders and consignors are invited to call RM Auctions’ Stuart, Florida office at +1 954 566 2209 to speak with a car specialist.

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About RM Sotheby’s

RM Sotheby’s is the world’s largest collector car auction house by total sales. With 40 years of proven results in the collector car industry, RM’s vertically integrated range of services, from auctions and private sales to estate planning and financial services, coupled with an expert team of car specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby’s is currently responsible for six of the top ten most valuable motor cars ever sold at auction. In February 2015, RM formed a strategic partnership with Sotheby’s, uniting the two companies for the full calendar of future automobile auctions. For further information, visit rmsothebys.com.

Source: RM Sotheby’s

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