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Ferrari Sets New Auction Record in Arizona

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Ferrari Sets New Auction Record in Arizona

The year’s revved up to a good start for RM Auctions, which raked in $45.5 million in sales over two days at its 15th annual Phoenix, Arizona sale on January 18.

The results represent a new high for the international auction house, and set an impressive benchmark for the entire Arizona auction week. The sale was headlined by the top-selling 1958 Ferrari 250 GT LWB California Spider, with coachwork by Scaglietti, which fetched $8.8 million, making it the most valuable car ever sold in Arizona auction week history.

The second-highest lot, a 1961 Porsche 718 RS 61 Spyder, sold for $2.75 million, while the third, a beautifully restored 1963 Ferrari 250 GT/L 'Lusso’, went for $2.45 million.

Racing with the big boys was a 1930 Duesenberg Model J ‘Disappearing Top’ Convertible Coupe, offered for public sale for the first time since new, which sold for $2,200,000.

1958 Ferrari 250 GT LWB California Spider

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