RM 
						Auctions kicked off its 2012 calendar on a positive note 
						in Arizona last week, posting over $25.5 million in 
						sales with a strong 89 percent sell-through at its 
						annual Arizona Biltmore sale in Phoenix.
						Headlining the 
						top-sellers list at RM’s two-day Arizona auction was a 
						superb roster of Ferraris, led by the unique ex-Dottore 
						Wax / Greg Garrison 1957 Ferrari 410 Superamerica 
						Scaglietti Coupe, s/n 0671 SA, the only example of the 
						34 410 Superamericas to have been bodied new by 
						Scaglietti. The first new Ferrari road car to be bodied 
						by the esteemed Modenese coachbuilder, 0671 SA claimed 
						top honors of the weekend, selling for a strong 
						$1,815,000 to great applause from the crowd.
						Cementing RM’s 
						position as a leader in the presentation of important 
						and historic Ferraris at auction, the sale presented no 
						less than 10 examples from the Modenese prancing horse. 
						A 1991 Ferrari F40 Berlinetta with less than 300 miles 
						and originally delivered new to famed auto executive Lee 
						Iacocca, spurred a lively bidding war in the room, 
						achieving a record price of $781,000, while a desirable 
						1973 Ferrari 365 GTB/4 Daytona Spyder, s/n 16705, 
						offered for the first time in 23 years brought $990,000, 
						and a multi-award winning 1963 Ferrari 250 GT Lusso 
						Berlinetta, s/n 4459 GT, realized $979,000.
						Now in its 13th year, 
						the well-established auction presented a magnificent 
						roster of 140 blue-chip motor cars – spanning the 
						spectrum of the collector car market – before a 
						standing-room only crowd. Illustrating RM’s global 
						clientele, bidders represented 21 countries around the 
						world, with a strong showing of European enthusiasts.
						“Our Arizona sale 
						proved to be a great kick start to what is shaping up as 
						another terrific auction year. We are very pleased with 
						the results of the sale and were delighted to welcome 
						the world’s premiere collectors back to the Arizona 
						Biltmore,” said Rob Myers, Chairman & Founder, RM 
						Auctions. “The results speak for themselves, once again 
						proving that great automobiles, rare, correct examples 
						with documented provenance, consistently attract great 
						prices at auction as collectors continue to seek out the 
						best examples for their collections. We look forward to 
						continuing the momentum at our upcoming Milhous 
						Collection and Amelia Island sales.”
						RM’s top six Arizona 
						sales: 1. 1957 Ferrari 410 Superamerica Scaglietti Coupe 
						- $1,815,000; 2. 1959 BMW 507 Roadster - $990,000; 3. 
						1973 Ferrari 365 GTB/4 Daytona Spyder - $990,000; 4. 
						1963 Ferrari 250 GT Lusso Berlinetta - $979,000; 5. 1930 
						Duesenberg Model J LWB LeBaron Dual Cowl Phaeton - 
						$880,000; 6. 1966 Shelby 427 Cobra - $880,000.