One of the more interesting lots in the RM Auctions sale in London this week – the highly customized Lotus Esprit that was converted into a submarine in the James Bond film The Spy Who Loved Me (1977) – hammered for £550,000, which translates to about $968,000 with fees.  While it did not meet pre-sale estimate expectations that were set at £650,000-£950,000, it is a significant sale none the less, and certainly improves upon the price paid by the buyer who purchased the contents of a New York storage container for a mere $100 about 24 years ago. [Read more…]