Arizona auctions top $100 million, and the weekend is just beginning - FOXSports.com

Then, on Thursday, RM and Bonhams combined to sell 13 cars for $1 million or more, including a 1966 Ferrari 275 GTB Competizione coupe that went for $9. 405 million at Bonhams. Add in the results so far from Barrett-Jackson, plus the opening-day sales at Russo and Steele and at Silver, and the Arizona auctions go into the weekend already with more than $100 million in sales. RM did $27. 7 million in sales on its opening day in Arizona with nine cars selling for $1 million or more, including three Ferraris that topped $2 million. RM's Thursday sales were far beyond the $16. 6 million it did on its opening day a year ago. Bonhams generated $24. 3 million in sales Thursday, when it sold 15 fewer cars than it did a year ago but sold them for more money. sales at its single-day 2014 auction in Arizona totaled $23. 5 million. Also significant for the auction house and its clients was the average sales price: nearly $350,000 this year versus less than $275,000 a year ago. Barrett-Jackson sold 302 lots Thursday for $15. 8 million, led by a 2015 BMW M5 sedan that brought $700,000 for charity - the BMW Car Club of America Foundation. Russo and Steele opened its 2015 auction with $3. 1 million in sales. Source: www.foxsports.com