BIDDING IS NOW OPEN - LOTS START CLOSING ON 25 MARCH
RM Auctions’ forthcoming Palm Beach auction, scheduled for 20–21 March at the Palm Beach International Raceway, has been transitioned into an Online Only time-based offering.
The decision to shift this live auction to the company’s online platform comes in light of the current guidance from public health officials regarding the global COVID-19 outbreak.
Launched in 2019, the RM Online Only division has demonstrated great success thus far, providing consignors and bidders a platform that allows for faster transactions to take place while still harnessing the level of service and reach associated with the RM Sotheby’s brand.
Each car will be presented with comprehensive photography as well as condition reports completed by RM Sotheby’s specialists. Where available, additional information on each lot, such as history files, production certificates, restoration documentation, service invoices, owner’s manuals, and accompanying parts can be viewed online, once you have created an account and/or you are logged in, by clicking the “View Files” button on the individual lot page.
Bidder registration is open for Online Only: The Palm Beach Auction and has very simple steps to complete. Should you need any assistance, our Client Service team is ready and able to walk you through any part of the process.
The auction lots will start closing on 25th of March at 11am ET, and each lot will close in 5-minute increments in the order of lots presented. Please note that there is an ‘anti-sniping’ feature whereby if a bid is placed in the final 2 minutes of the auction close, the auction will automatically extend for another 2 minutes to allow for other bidder to bid.
Please also note that for unreserved lots in this auction, bidding starts at $50 and the lot will sell to the highest bidder at the end of the auction. For lots with reserves, bidding starts at half (50%) of the published low estimate, and the final bid must exceed the reserve price in order to sell to the highest bidder. Whether the reserve has been met will not be disclosed until the auction has ended.
