US collectors gearing up for RM-Sotheby’s Amelia Island auction image

The US car collectors and aficionados have three important events each year: Scottsdale in winter, Monterey in summer, and Amelia Island during the spring.

The three events are the most important US collector car auctions of the year, with practically every major auction house having to fight over exposition space. This year’s Amelia Island Collector Car Auction is also the first since Sotheby’s buyout of RM, a sign that auto actions featuring prized Ferraris, pedigreed European sports cars and great, neatly-documented historic race cars attract more money than ever. According to experts, the auction set this year in the middle of March will have Ferraris reassert their worldwide dominance. For example, a 1960 Ferrari 400 Superamerica SWB Cabriolet could bring in when the hammer stops around $6 to $7 million. That’s because the models have always been a fan favorite, with astonishing bodywork, short wheelbase chassis and very potent 4.0-liter V12.

Another great example of the European race car trend is coming from the glory days of European Group C sports car racing – such as a gorgeous and tiring to drive 1988 Jaguar XJR-9 that home the victory at the 1990 24 Hours of Daytona and is expected to fetch $3,000,000-$5,000,000.

Thos seeking a “fresh” retro supercar might want to look at the 1971 Lamborghini Miura SV that could bring in around $2,250,000-$2,750,000. That’s because it’s the company’s factory publicity and U.S.-homologation prototype, restored by renowned Miura expert Gary Bobileff. Besides being the first US-delivery SV, it also retains the original “sperimentale” engine.

Via Forbes