RM Sotheby’s is the world's largest auction house for investment-quality automobiles. Over the past 35 years, we have cemented our position as the market leader and successfully transformed the global automotive auction scene, helping elevate the perception of collector car auctions to premium events executed at the same level as high-end art auctions. Our vertically integrated range of services, from restoration to private treaty sales, auctions and estate planning, coupled with an expert team of car specialists, international footprint, focus on quality of product and inventiveness of presentation, provides an unsurpassed level of service to the global collector car market.
Our business has been fuelled by a love of cars and a passion for producing results since 1976. With an emphasis on the top-tier of the market, we’ve had the privilege of selling hundreds of million-dollar-plus automobiles at our catalogue auctions, attracting buyers and sellers from all corners of the globe. As evidence on our global footprint, in 2015, bidders represented more than 60 countries, from Russia and the Middle East to Asia, Europe, and the Americas.
Each year, RM Sotheby’s presents a diverse calendar of annual auctions hosted in some of the most prestigious settings across North America and Europe. Influenced by location, each event possesses a distinct character, ensuring that any automobile or collection will find the perfect auction venue on our roster. Currently, RM Sotheby’s proudly holds four of the top ten all-time records for the most valuable motor cars sold at auction. In February 2015, RM Auctions formed a strategic partnership with Sotheby’s, the world’s oldest auction house, to become RM Sotheby’s. The partnership has united the two companies for the full calendar of future automobile auctions, and has already proven highly effective in creating a global platform for collector cars and introducing new audiences to our thrilling hobby.
RM Sotheby’s also has a reputation for partnering with the world’s leading and most exclusive events, and is proud to be the official auction house of the Concorso d’Eleganza Villa d’Este. Held in the grounds of Villa Erba, every two years, Villa Erba is RM’s premier European ‘boutique’ sale, focusing on an elite number of very special, high value cars. To illustrate the exclusivity of the event, the last sale in 2015 realized in excess of €26.7 million from only 35 lots. We are delighted to return to Villa Erba in 2017 for what will promise to be another outstanding sale featuring some of the world’s finest historic automobiles.
An icon of Bavarian design and craftsmanship, the BMW 507 was intended to be BMW’s new halo car for the mid-1950’s and a worthy competitor to the likes of Porsche and Mercedes-Benz. Capable of top speeds of 123-125 mph, only 252 examples were built.
This particular example was sold new to Germany and remained there for the majority of its life. It remained with its third owner, Herman Beliharz of Mötzingen, for over fifty years and cherished as his pride and joy. An amateur motorcycle racer, the car was always stored carefully and driven regularly during the summer months, including during Mr. Beliharz’s wedding.
Refinished in its unique shade of sea green early on in Mr. Beliharz’s ownership, the car retains its original red leather interior as well as its original engine. Its history file even includes its original German Farhrzeugbrief and a letter from Mr. Beliharz, chronicling his ownership. The car’s character and patina showcase its many years of adoration and careful use. Today, finding such a well-preserved 507 is virtually unheard of.
Perfect for the casual Sunday drive to be used as intended, or the basis of a concours-quality restoration, this 507 holds a world of possibilities for its next custodian who will continue to cherish the car as a lovely example of the ultimate driving machine.
As the official auction partner of BMW Group Classic at the Concourso d’Eleganza Villa d’Esta, RM Sotheby’s is delighted to be offering this BMW 507 as a highlight of this exclusive auction. View all of the upcoming lots here: http://www.rmsothebys.com/ve17/villa-erba/lots/