RM Sotheby’s in London: Tradition Pays Off

The historic RM Sotheby's auction in Europe held steady, improving upon many of last year's numbers. The sales percentage rose from 70.97% to 83.33%, with 50 of 60 cars sold compared to 44 of 62 last year. Revenue surged from £13,469,000 to £17,435,275, one of the best results ever. The estimated value increased significantly from £21,138,000 to £29,945,000, keeping the success rate around 60%. The average price per car also rose from £306,114 to £348,706, with the "no reserve" percentage stable at around 40%.