Market Intelligence
Bargain corner. The temptations of Cliff Goodall at the auctions of Amelia Island
The Amelia Island auctions in 2022 saw a high concentration of affordable cars with a high collectability factor, with Bonhams selling 71.7% of cars for less than $100,000. The most interesting cars for $47,040 were the 1932 Lancia Dilambda and the Benz Patent Motorwagen replica. Gooding sold a 1960 AC Aceca for $95,200, and a 1994 BMW 850 CSi for $67,200. RM had a 1967 Sunbeam Tiger MkII for $89,600, and a 1927 Rolls Royce Phantom I Avon Sedan by Brewster for $89,600.
With the fall of the quotations also in Amelia Island, eagle-eyed buyers had a field day. With $100,000 they could have taken home anything from elegant pre-war cars to eye-catching young timers, all with the common denominator of having a very high “collectability factor”. An example? How about six?
Bonhams
The particularity of this auction was the very high concentration of inexpensive cars. If, in 2019, 53% of the cars sold went for less than $100,000, this year 61 of the 85 cars (over 71.7%) were below this threshold.
