Stories

Market Intelligence

Bonhams' famous coup in Newport

5 October 20233 min read10 images

Bonhams' Audrain triumph: 96% sales success, $7.2M turnover. Astonishingly, two cars resisted allure. A 1960 Mercedes-Benz 300SL, lacking key features, defied a $1.2-1.5M estimate, fetching $1.26M.

Bonhams' famous coup in Newport
Photo credit: Bonhams

Cliff Goodall's view

The first thing that springs to mind, in front of the spectacular success of Bonhams' enchantment in the Audrain Museum, which are the only two cars not sold. Two out of 51. Reading you will discover which were...

September 29 in Newport, Rhode Island (where the Audrain Museum is located) was the victory on all fronts: not only 96% of sales but also turnover, $ 7,203,760 compared to $ 6,883,000 estimated, 104.66%! This being the case, comparisons with 2022 are superfluous. To be fair, it helped the high number of cars without reserves, 76% compared to 51% last year, but the turnover is clear of any doubt.

Related Stories