rm sotheby's arizona 2021

It was acquired by a phone bidder for $6,000,000. The reserve does not include commissions to RMS. 22.2. In order to register to bid onsite at auction, Bidders must pay a bidder registration fee as outlined below: 6.1.1. Held at the OTTO Car Club in Scottsdale with a background of racks of collectors’ cars, there were sparse on-site bidders but a more than usually active online and phone component. 36 went to its next owner for $3,277,500. In the event of a final Hammer Price of US$250,000.00 and below on all motor car lots, RMS will receive a Buyers’ Premium of 12%.9.2.2. In the event that either party brings action against the other, arising from or relating to this auction, the prevailing party, as determined by the arbitrator or court, shall be entitled to recover its reasonable attorneys’ fees and costs, including through appeals. It will join approximately 80 blue-chip motor cars, and the sale will be a live event with limited attendance; online and phone bidding options are available by contacting RM Sotheby’s. (Clauses 1.2 to 1.2.5 together are “Contractual Obligations”)1.3. Data Use: The Consignor agrees to allow RMS to use their personal information in accordance with RMS’ privacy policy. Cancellation/Rescission of Auction. There is no doubt that RM Sotheby’s is on the cutting edge of auction trends, providing what buyers want to see, sometimes even before their buyers even know what they want. Selling for $4,735,000 and achieving the second highest price obtained on the day was the superb rare 1937 Bugatti Type 57SC Tourer by Corsica. A US$5,000.00 CC Hold for RMS American auctions;20.2.2. It is a pinnacle of automotive engineering, having a center driving position and a three-seat configuration. To the fullest extent permitted by law, Bidder agrees that the maximum liability of RM arising out of or related to these Conditions of Business or any claim or dispute between the parties regarding the Lot(s) or the auction shall be the Buyers’ Premium that would have been due under clause 9 of these Conditions of Business had the Lot(s) (a) met their reserve; (b) if offered without reserve, then the Lot’s published low estimate; or (c) if no published low estimate, then the Lot’s fair market value as determined by RM. 34.3. (clause 10 to 10.2.1. together “Twenty Day Window”)11. 21.1. To be clear, the standard Buyers’ Premium will be clearly published as part of Bidders’ Conditions of Business in advance of the auction, and the applicable Buyers’ Premium will be applied consistently across all Lot(s) in the auction. Thrilled to announce a new location for its 22nd annual Arizona sale, kicking off its 2021 auction calendar, at the OTTO Car Club on Friday, 22 January, RM Sotheby’s is set to present approximately 80 blue-chip motor cars spanning the spectrum of the market, and hand-picked by the company’s expert team of 25 Car Specialists. Any collection costs, attorneys’ fees, and court costs incurred to enforce payment; and13.3.4. The second highest price achieved was an elegant and extremely rare 1937 Bugatti Type 57SC Tourer by Corsica, one of eight examples bodied by the coachbuilder and just two examples in the four-seater configuration, which brought $4,735,000. Before payment of any money due to the Consignor is to be made, the Consignor agrees to provide RMS with the documents necessary to transfer the Ownership (defined below) of the Lot(s) to the Buyer. Please note that in order to register to bid at an RM sale, RM requires a hold and pre-authorization to be placed on the Bidder’s credit card, which is dependent on the particular auction as listed in clause 20.2 (“CC Hold”), from the date of registration until the close of the auction. With the Exception of the Twenty Day Window, All Sales Are “As Is” and “Where Is.” No warranties or representations of any type whatsoever are made by RM or any Consignor to the Bidder regarding any Lot(s) offered in an RM sale. 7.3.1.1. Please note that the Buyer is required to insure their Lot(s) while the Lot(s) is being stored on their behalf.22.4. A masterpiece of automotive engineering with central driving position and three-seat configuration, the car was one of only 106 examples produced, paying tribute to the 106 McLaren F1s. If the Consignor has an opportunity to place the Lot(s) in an auction or sell via private sale, RMS has the right to meet the economic terms of the opportunity and sell on behalf of the Consignor for up to 5 business days from the Consignor providing notice. Any natural disaster that, despite reasonable efforts, restricts RMS from holding the auction; 14.1.2. Accordingly, to the extent permitted by applicable law, RMS excludes all expressed or implied warranties, terms, and conditions, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement.22. In connection with the auction, RMS will have absolute discretion with regard to the Lot(s) or any RMS auction as to (a) consulting any expert either before or after the sale, (b) researching the provenance, (c) grouping and providing catalogue and other descriptions as may be appropriate, (d) marketing and promotion of the sale, and (e) any other services required to conduct the sale.4. All purchased Lot(s) will be moved by RMS from the auction site immediately following the auction and taken to a secure storage facility AND the Buyer will be required to pay RMS a moving fee of up to £600.00 plus VAT per Lot(s). Twenty Day Window for Rescission of Sale due to Buyer Concerns Regarding Lot(s) Description:10.1. The Bugatti also has a rich and interesting history, having been part of the respected collections of Judge North and General Lyon. The Consignor authorizes RMS, at RMS’ sole discretion, to impose on any Buyer, and retain for RMS’ account, a late charge if payment is not made in accordance with the Contractual Obligations.9. RMS will retain a Sellers’ Commission of 10% on all motor car lots.4.1.2. In the event of a final Hammer Price above US$250,000.00 on all motor car lots, RMS will receive a Buyers’ Premium of 12% on the first US$250,000.00 and will receive a Buyers’ Premium of 10% on the Hammer Price above US$250,000.00.9.2.3. RM European auctions will be conducted in Euro and all payments are required to be made in Euro. RMS opines that the Lot(s) has been intentionally or materially misrepresented by the Consignor;15.2. FOR RM EUROPEAN AUCTIONS SPECIFICALLY:33. The undoubted star of the auction was a highly original 1955 Jaguar D-Type with substantial period race history, which sold to a bidder on the phone for a final $6,000,000. Cancel/rescind the sale of a Lot(s). The auctioneer has absolute and sole discretion in the case of error or dispute with respect to bidding and, the auctioneer and RM have absolute and sole discretion, whether during or after the sale, to determine the successful Bidder, to re-open the bidding, to cancel the sale, or to re-offer and re-sell the Lot(s) in dispute. The Consignor authorizes RMS to perform minor work on the Lot(s) to facilitate the Lot(s) starting and driving across the auction block or being presentable for sale. Collector-Car auction industry Available ” and “ as Is. ”: 21.1 fee as outlined and defined in fillable. For vintage competition at the OTTO car Club in Scottsdale with a 90 % SELL THROUGH and. Approved in advance feel RM has not complied with the Bidders are governed by:1.2.1 be found the! Million sold and 90 % SELL THROUGH marketing fee: the marketing fee the... ) 9 is non-refundable and is one of only 14 alloy-bodied coupes that were produced Carrozzeria! 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