Auctions America integrated into parent RM Sotheby’s

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A 1933 Duesenberg Model SJ “sweep panel” phaeton by LaGrande crosses the block at Auctions America’s 2017 Auburn Fall sale. Photo by Darin Schnabel, courtesy RM Sotheby’s.

Auctions America was established in 2010 by RM Auctions–now RM Sotheby’s–to serve a broader cross-section of the collector-car hobby. After seven years on its own, Auctions America has been integrated into its parent company, and beginning in 2018 four former Auctions America events will be conducted under the RM Sotheby’s banner.

Auctions America (officially, Auctions America by RM) arose from RM’s June 2010 purchase of the 235-acre Auburn Auction Park in Auburn, Indiana, from Dean Kruse and the defunct Kruse Auctions. Already well established in the high end of the collector-car auction market, RM believed a new subsidiary would help it better serve buyers and sellers in lower price brackets. In addition to spring and fall sales in Auburn, Auctions America took over the annual sale in Fort Lauderdale, Florida, and, in 2013, added a new early summer event in southern California.

In 2011, Auctions America partnered with Carlisle Events to host the annual Spring and Fall Carlisle auctions, but the relationship lasted just three years, ending with the Fall Carlisle sale in 2013. In June 2017, RM Sotheby’s announced it was taking control of Auctions America’s 2017 Santa Monica sale, held on June 24-25, though initially the sale was marketed by both entities.

Of the move and its timing, RM Sotheby’s president Kenneth Ahn said,

Auctions America has experienced considerable growth and success since our acquisition of the Auburn Auction Park seven years ago, and the full integration of the company’s operations and brand with RM Sotheby’s will allow us to maintain and expand our competitive edge in the marketplace, enhance the quality of our offerings, and channel more resources and focus to continue to drive our growth. In a continuously more competitive market, this integration will allow us to offer the renowned RM experience to more collectors and more cars across all price points and in new geographies.

Donnie Gould, former president of Auctions America, will remain with RM Sotheby’s, and the Auburn Auction Park site will serve as a satellite office for the company. The change adds four new dates to the calendar for the Ontario-based auction house, including South Florida (formerly Fort Lauderdale; 2018 dates to be determined, but following Amelia Island); Auburn Spring (from May 10-12); Santa Monica (2018 date to be determined, but following the Auburn Spring sale); and Auburn Fall (from August 30-September 2).

For additional information on the announcement or the revised 2018 schedule, visit RM Sotheby’

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