Car Reports & Values

"Wet Nellie," the submersible Lotus Espirit from the James Bond film "The Spy Who Loved Me" sold for $863,500 today.

007 Lotus Espirit ‘submarine’ sells for U.S. $863,500

Breaking news from RM Auctions‘ London sale: At a little past 3 p.m. Eastern Time on Sept. 9, the heralded James Bond Lotus Submarine car used by “007” in the 1977 thriller “The Spy Who Loved Me” was called sold today when the bidding was hammered at 550,000 British pounds, which translates to $863,500...

One of the most stylish cars of the 1930’s, this 1937 Lincoln Zephyr found a new buyer at $23,500 during Mecum’s Back To The 50’s auction. (B. Mitchell Carlson photo)

Lower-priced gems highlight Mecum Minnesota event

B. Mitchell Carlson, Roy Velander & Jerry Barber reporting For many years, Mecum Auctions has conducted an auction concurrent with the Minnesota Street Rod Association’s Back to the 50’s show. This year, there were nearly 12,000 pre-1965 cars in attendance on the grounds at the Minnesota State Fair grounds. The auction had 171 consignments...

Chevrolets and Fords from 1957 sold strong at the Raleigh Classic, held June 22-23.

1950s ‘drop tops’ sell strong at Raleigh Classic Auction

Raleigh Classic Auction Charles Farley reporting Preliminary reports show about 360 cars crossed the block during the Auctions America Raleigh Classic Car Auction, held June 22-23 at the North Carolina State Fairgrounds. The annual event has been advertised on the front page of OCW for several years running with supervision from Bob Lafater of...

The sale also featured 50 cars, including a 2011 Pebble Beach class-winning 1936 Ford Model 48 Cabriolet which brought $396,000 (below). The unique car features coachwork by Gläser and a 1935 model-year front end. Photo courtesy of RM Auctions

RM sells 50 cars from Dingman Collection

RM Auctions rang up $9.88 million in sales with 100 percent of all lots sold at its Dingman Collection 2012 auction in Hamption, N.H., June 9-10. The Dingman Collection represented many years of careful and meticulous acquisition by prominent businessman, investor and philanthropist, Michael Dingman, a former Ford Motor Co. director. The sale lifted...

This 1930 Duesenberg Boattail Speedster sold for $484,000 on Saturday, June 2, during Auctions America by RM’s second annual Auburn Spring auction in Auburn, Indiana. The three-day event saw 409 collector cars and trucks cross the block at the historic Auburn Auction Park.

Duesenberg, convertibles top sellers at Auburn Spring

AUBURN, Ind. – The old saying that “when the top goes down, the price goes up” was once again proven during Auctions America by RM’s June 1-3 Auburn Spring sale at the historic Auburn Auction Park in Auburn, Ind. Open-air classics took eight of the top 10 slots of the weekend, which saw 409...

Top-seller: the one-off 1929 Cord L-29 Hayes Coupe (credit: Darin Schnabel © 2012 courtesy RM Auctions)

$2M Cord tops RM sale at Amelia Island

Phil Skinner reporting Outside the weather was looking a little “iffy” to say the least, as a SRO crowd jammed into the auction tent on the lawn of the Ritz-Carlton Hotel and Resort for RM Auction’s 14th Annual Amelia Island Sale. Billed as the “official” Auction for the Amelia Island Concours, this year’s event...

Hartung Collection spurs bidder frenzy in Illinois

Story and photos by Ron Kowalke The automotive equivalent of Woodstock, attendees of the Nov. 3-5 Lee Roy Hartung Collection auction will remember this event decades from now, and the buzz from the sale will continue on the internet and in print for weeks to come. Prices paid for a handful of featured items...