RM Sotheby’s, the world’s largest collector car auction house for investment-quality automobiles, kicked off its 2016 season this week with an impressive $62.8 million in sales at its 17th annual Arizona Biltmore auction in Phoenix. Attracting bidders from 20 countries, the two-day sale presented 149 blue-chip automobiles before a packed sales room.
The undisputed star of the event—and this year’s Arizona auction week—was a 1937 Mercedes-Benz 540 K Special Roadster, selling for a record breaking $9,900,000. The impressive price ranks the vehicle as the most valuable automobile sold in Arizona auction week history, breaking the previous record set by RM in 2015. The strong result also ranks the Special Roadster as one of the most valuable pre-war automobiles ever sold at auction.
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