Auctions America by RM was established in July 2010, following the purchase of the Auburn Auction Park in Auburn, Ind., by RM Auctions. Backed by RM, the world's largest collector car auction house, Auctions America specializes in the sale of American classics, European sports cars, Detroit muscle, hot rods, customs and collectible motorcycles at auction. Each year, the company hosts an established calendar of events in Auburn, Ind., Fort Lauderdale, Fla., and Carlisle, Pa., with a new sale in Las Vegas scheduled for January 2012.

Led by collector car expert Donnie Gould, Auctions America is founded on the principles of providing the best service, prompt payment, honesty and integrity in all areas of the auction process. The company boasts an expert team of full-time car and motorcycle specialists offering more than 140 years of combined experience buying, selling, racing and restoring collector vehicles, making them uniquely qualified to advise on all aspects of the hobby. Auctions America's specialists are joined by a skilled and dedicated client services team that assists with other arrangements, from bidder registration to accommodations, vehicle titles and transportation. This attention to clients' needs delivers an unparalleled client experience from start to finish.

From its inception, Auctions America has enjoyed impressive growth and results. Just two months after its formation, the company enjoyed a successful debut at the Auburn Auction Park in September 2010, posting $13.4 million in total sales with a 52.7 percent sell-through rate. The 2011 Auburn Fall event illustrated tremendous growth over the inaugural sale, reporting $18.5 million in sales with 60.5 percent of all lots sold. More than 43,000 enthusiasts turned out for the 2011 event, exceeding expectations and the 2010 attendance of 25,000. Total sales for the company's first full calendar year surpassed $50 million with a strong 76 percent sell-through. These results were generated by the sale of 3,477 lots at seven events across the United States.

Auctions America also enjoyed extensive growth during its first full auction season. This includes the establishment of an agreement with Carlisle Events - one of the world's largest presenters of collector car, truck and motorcycle entertainment - and the launch of a new dedicated vintage motorcycle division.

Agreement with Carlisle Events

In January 2011, Auctions America entered into a joint marketing and corporate agreement with Carlisle Events to stage co-branded events in Auburn, Ind., and Carlisle, Pa. The relationship was designed to leverage both companies' core competencies and provide automotive enthusiasts and their families with an unmatched event experience and level of service. Under the agreement, Carlisle Events exclusively presents the swap meet and car corral components of the annual Auburn Spring and Fall events, while Auctions America hosts the two collector car auctions held annually at the Carlisle Expo Center in Carlisle, Pa.

A testament to the success of the relationship in its first year, Auctions America extended the Spring and Fall Carlisle Auctions to three days, offering the highest number of lots and generating the highest sell-through rate in the company's history. Similarly, Carlisle Events recorded solid growth of the car corral and swap meet in Auburn, with a total of 1,600 spaces sold, including 500 car corral spaces at the Auburn Fall event in September 2011. Vendors represented more than 31 states across the United States, travelling from as far away as Washington and Florida, in addition to international vendors from Ontario and Quebec.2011, Auctions America entered into a joint marketing and corporate agreement with Carlisle Events to stage co-branded events in Auburn, Ind., and Carlisle, Pa. The relationship was designed to leverage both companies' core competencies and provide automotive enthusiasts and their families with an unmatched event experience and level of service. Under the agreement, Carlisle Events exclusively presents the swap meet and car corral components of the annual Auburn Spring and Fall events, while Auctions America hosts the two collector car auctions held annually at the Carlisle Expo Center in Carlisle, Pa.

Vintage Motorcycle Division

In April 2011, Auctions America expanded to include a dedicated motorcycle division with the acquisition of Bator Vintage Motorcycle Auctions. Led by well-respected classic and antique motorcycle expert Glenn Bator, the establishment of a dedicated motorcycle division was in direct response to client interest and requests. The company's first extensive offering of motorcycles was met favorably at the 2011 Auburn Fall weekend, followed by an intimate sale at the Barber Vintage Festival in October 2011. The company is set to expand its dedicated motorcycle event calendar in 2012 with the addition of a new event in Las Vegas in January.

Private and Estate Sales

Following in the footsteps of parent company RM Auctions, Auctions America is quickly carving a reputation as the auction house of choice for private and estate collection sales. During the 2011 auction season, the company offered a number of private collections as featured attractions at its individual events, in addition to the presentation of its first single-vendor sale, The Lee Roy Hartung Collection, in November. Regarded as one of the world's most eclectic automotive and memorabilia collections, the Hartung sale presented just shy of 1,600 lots at "no reserve", generating almost $4 million in sales and capturing the attention of collectors from nine countries around the world and 45 states across the U.S. These impressive results demonstrate Auctions America's expertise in private sales and collection dispersal.