Market Intelligence
Goodwood. The good choice
Bonhams auction at the 79th Members’ Meeting in Goodwood achieved an 85.14% success rate, selling 63 out of 74 cars on offer for a total of £6,791,025 (€8,193,915). The top lot was a 1964 Aston Martin DB5 that needed complete restoration, estimated at £280,000-£350,000 but eventually sold for £506,000 (€610,530). Another highlight was a 1961 Aston Martin DB4 Competition Saloon, estimated at £160,000-£200,000 but sold for £235,750 (€286,865). A 1937 SS Jaguar 2 1/2 litre Saloon sold for £35,650 (€43,015) against an estimate of £20,000-£30,000.
The Bonhams auction at the 79th Members’ Meeting in Goodwood confirmed that pairing with an event is always the right choice: the room is filled with friends, and the joy of participating opens up buyers to temptations. Success was guaranteed, perhaps one of the Auction House’s best results in recent years: 74 cars on offer, not too many but not too few either, 26 of which were without reserve (roughly one third). 63 were sold, which equates to an 85.14% success rate. £6,156,000 (€7,427,700) in pre-sale estimates and £6,791,025 (€8,193,915) in takings, 110%!
<font size="3">Just like being behind the wheel: everything you need to know to fully understand the situation</font>
And then it should be noted that 12 cars sold above their maximum estimates – if that seems like a low number, then think again – and some 80% sold beyond their minimum estimate. Top step of the podium!
