Media Release


MINI CARS ATTRACT MEGA INTEREST AT RM’S RECORD-SETTING BRUCE WEINER MICROCAR MUSEUM SALE

The Bruce Weiner Microcar Museum

  • RM Auctions’ highly anticipated Bruce Weiner Microcar Museum sale generates more than $9.1 million with 100 percent of all lots sold
  • Multi-day auction shines spotlight on microcar values with numerous new records set
  • Top sellers: 1958 F.M.R. Tg 500 “Tiger” brings $322,000, a world record price for a microcar sold at auction; 1951 Reyonnah achieves a remarkable $184,000
  • The world’s smallest production car, the 1964 Peel P50, triples pre-sale estimate, realizing an impressive $120,750
  • Sale captures global attention with bidders hailing from 20 countries around the world

MADISON, Georgia (February 18, 2013) –  The focus of the global collector community turned to Madison, Georgia, this past week (February 15 – 16) as RM Auctions lifted the gavel on the world-famous Bruce Weiner Microcar Museum, generating more than $9.1 million in sales* with 100 percent of all lots sold.

A true labor of love carefully amassed over more than 15 years by businessman and lifelong collector, Bruce Weiner, the museum was internationally celebrated as the world’s finest and largest collection of rare microcars. After making a decision to disperse the collection last year, Weiner entrusted RM Auctions to present 200 vehicles and 284 lots of collectibles ‘without reserve’, setting the scene for one of the most colorful and fun collector car auctions in recent history. Illustrating the tremendous international interest received in the sale, bidders represented 20 countries from around the world, including as far away as Brazil, Japan and Australia, with those in the room joined by a large volume of collectors participating remotely via the phones and Internet.

“In terms of its diversity, international interest and prices realized, the Bruce Weiner Microcar Museum sale was truly unprecedented. Never before had such a large group of microcars been offered to the public at one time in one location. With many items offered for the first time in auction history, collectors reacted with enormous enthusiasm to the chance to own part of the collection, resulting in  spirited bidding and prices frequently exceeding their estimates. It definitely set a new benchmark for this type of private collection sale,” said Alain Squindo, Vice President, RM Auctions.

“We were tremendously pleased to contribute to the record-breaking results that shine a light on this "small" but historically important segment of automotive history,” Squindo added. “It was certainly one of the most exciting auction events RM has ever hosted. From start to finish, the atmosphere was electric with the audience smiling and laughing ear-to-ear."

Top sales honors went to a highly desirable 1958 F.M.R. Tg 500 “Tiger”, the rarest Messerschmitt of all and the fastest microcar ever built with a top speed of 78 mph. Attracting an aggressive opening bid of $140,000, fierce bidding saw its price quickly escalate to an outstanding final $322,000 – an all-time record for a microcar sold at auction (pictured top).  The “Tiger” headlined a magnificent series of Messerschmitts offered across the two-day sale with prices for the group skyrocketing to exceed all expectations. Among other examples well surpassing their pre-sale estimates were a 1955 Messerschmitt KR 200, formerly owned by American circus personality and entertainer Vic Hyde, for a remarkable $115,000 (versus a pre-sale estimate of $45,000 - $55,000), and a 1957 Messerschmitt KR 201 Roadster for a fantastic $103,500 (against a pre-sale estimate of $60,000 - $70,000).

Another group of pint-sized treasures attracting big bids were a pair of Peels from the Isle of Man. Measuring just 4 ft. 6 in. long by 4 ft. high and 3 ft. wide, the world’s smallest production car, a 1964 Peel P50, garnered strong interest from collectors, selling for an incredible $120,750 to applause from the crowd. Also breaking six-figures, a 1966 Peel Trident which realized a remarkable $103,500 (pictured). Other notable sales included a 1951 Reyonnah for $184,000, and a 1955 Inter 175A Berline for $161,000, more than four times its estimate.

RM Auctions – The Bruce Weiner Microcar Museum top 12 sales:
1. 1958 F.M.R Tg 500 “Tiger” - $322,000
2. 1951 Reyonnah - $184,000
3.  1958 Goggomobil TL-400 Transporter “PEZ” - $172,500
4. 1955 Inter 175A Berline - $161,000
5. 1959 Goggomobil TL-400 Transporter Pickup “Coca-Cola” - $138,000
6. 1963 Goggomobil TL-250 Transporter “Dubble Bubble” - $132,250
7. 1955 Fuji Cabin - $126,500
8. 1964 Peel P50 - $120,750
9. 1955 Messerschmitt KR 200 “Vic Hyde” - $115,000
10. 1957 Messerschmitt KR 201 Roadster - $103,500
11. 1966 Peel Trident - $103, 500
12. 1957 Jurisch Motoplan Prototype - $103,500

The impressive catalogue was rounded out by an eclectic assortment of collectibles, including period neon signage, exceptionally rare kiddie rides, literature and delightful period vending machines and candy dispensers, all from the 1950s—the heyday of the microcar. Highlights from this segment of the sale included a large Rustler Used Cars neon sign and a “Rocket Space Ranger” kiddie ride, each selling for $44,850, almost triple their pre-sale low estimates.

"My family and I had the best time of our lives," said Bruce Weiner following the sale. "Kudos to the RM team. Their presentation, creativity and enthusiasm was second to none. My only disappointment of the weekend is that the show had to come to an end."

RM Auctions continues its 2013 auction schedule, March 9 with its annual Amelia Island, Florida sale held in conjunction with the distinguished Amelia Island Concours d’Elegance. The Company then heads to Fort Worth, Texas, April 27 to further build on its reputation as the specialist for private collection sales with the presentation of the esteemed Don Davis Collection.

To view full results from the Bruce Weiner Microcar Museum sale or for further information on upcoming events, visit rmauctions.com or call +1 519 352 4575.

Alain Squindo


Detroit, Michigan

Alain Squindo joined RM Auctions in 2007, after graduating from Georgetown University in Washington, D.C., with a degree in History. R... read more

Alex Classick

aclassick@rmauctions.com

+44 (0) 20 7851 7070
United Kingdom

Alex Classick joined RM Europe in 2011 as a car specialist, after graduating from Nottingham University with a degree in Business Mana... read more

Alexander Weaver

aweaver@rmauctions.com

+1 310 559 4575
California, USA

Alexander Weaver joined RM Auctions in 2011 as a car specialist, after graduating from Furman University in South Carolina. Born into ... read more

Annette Abaci

aabaci@rmauctions.com

+49 (0) 40 441 95 737
Germany

With post-secondary degrees in Economic Science and Mechanical Engineering, Annette Abaci initially worked part-time at Mercedes-Benz ... read more

Augustin Sabatié-Garat

asabatie-garat@rmauctions.com

+44 (0) 20 7851 7070
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a senior car specialist, after more than a decade in the collector car hobby... read more

Dan Warrener

dwarrener@rmauctions.com

+1 519 352 4575
Ontario, Canada

Possessing a degree in Economics from Brandon University, Dan Warrener spent the initial stages of his career working around the globe... read more

Don Rose

drose@rmauctions.com

+1 617 513 0388
United States

Don Rose joined RM Auctions in 2006, after many years of professionally trading sports and classic cars, and after earning a reputatio... read more

Donnie Gould

dgould@rmauctions.com

+1 954 566 2209
Florida, USA

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmauctions.com

+1 519 352 4575
Ontario, Canada

Gord joined RM Auctions in 1998, initially responsible for the transportation and logistics of the company’s auction and restora... read more

Ian Kelleher

ikelleher@rmauctions.com

+1 310 559 4575
New York, United States

Ian Kelleher began his automotive career immediately following his graduation from Oberlin College, with a B.A. in Politica... read more

Jack Boxstrom

jboxstrom@rmauctions.com

+1 818 703 2816
Ontario, Canada

Jack Boxstrom joined RM Auctions in late-1996 to assist with the recently acquired, and subsequently record-breaking, auction in Monte... read more

Max Girardo

mgirardo@rmauctions.com

+44 (0) 20 7851 7070
United Kingdom

Max Girardo started his career in the vintage automobile industry in 1998, joining Brooks Auctioneers (now Bonhams) as a car specialis... read more

Mike Fairbairn

mfairbairn@rmauctions.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Auctions, Mike Fairbairn has a longstanding interest in the classic car industry. Graduati... read more

Peter Wallman

pwallman@rmauctions.com

+44 (0) 20 7851 7070
United Kingdom

Peter Wallman joined RM Europe in 2007, following nearly two decades in the international advertising industry, read more

Rob Myers

rmyers@rmauctions.com

+1 519 352 4575
Ontario, Canada

As chairman and founder of the RM Group of Companies, Rob Myers’s entire career has been devoted to the classic car industry. Ro... read more

Shelby Myers

smyers@rmauctions.com

+1 310 559 4575
California, USA

Shelby Myers literally grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to w... read more

Vinnie Mandzak

vmandzak@rmauctions.com

+1 310 559 4575
California, USA

Vinnie Mandzak joined RM Auctions’ California office in 2012 as a car specialist, following more than 30 years’ experience... read more