Archive
19/05/2022
The Monaco Auctions: racing cars race
The historic car auctions in Monaco saw Bonhams and RM Sotheby's competing for the highest prices. RM Sotheby's outperformed Bonhams, selling 47 out of 64 cars with an average price of €634,734. The event saw many successful sales, including Nigel Mansell's two Formula 1 cars, the Ferrari 640 F1 from 1989 and the Williams FW14, which sold for €3,605,000 and €4,055,000, respectively. The 1969 Alfa Romeo 33/3 was another highlight of the auctions, fetching €1,636,250.
12/05/2022
Auctions. Instructions for use.
The Lamborghini Aventador LP780-4 Ultimae, the last model to mount a naturally aspirated V12 engine, was sold for $1,603,125 (€1,525,580) at an RM auction. It also came with a series of virtual "accessories," including an NFT with interesting contents and the possibility to use them on the recently launched metaverse.
05/05/2022
Worldwide at cruising speed
Worldwide's Auburn auction saw 87.04% of the 54 cars sold, making around $4.4m in total, or roughly $94,522 per car. The 1930 Cadillac V16 Series 452 Roadster was the most expensive car, selling for $758,500, while the second-most expensive was a 1936 Auburn 852SC Boattail Speedster, which went for just $283,750 as it had been rebodied. The 1955 Jaguar XK140 Roadster was a mystery sale at $162,400, selling for twice the usual price of similar models. The auction ended with a white over red BMW Z3M Roadster selling for $43,120.
28/04/2022
All cheap. But after?
The Anglia Car Auctions in Kings Lynn, England, had a successful auction with 230 cars out of 270 sold for a total of £1,706,419 (€2,032,640). The auction also included some cars being sold for charity, such as a 1983 Audi 100CS which raised £2,754 (€3,310) for the Lennox Children Cancer Fund. A 2004 Bentley Continental GT with electrical problems and tacky modifications failed to reach its estimated price, selling for £9,828 (€11,818). Other interesting cars included a Fiat Seicento Sporting sold for £860 (€1,034), a 2004 Honda S2000 sold for £12,420 (€14,935) and a 1993 Mercedes-Benz SL320 sold for £5,400 (€6,493).
21/04/2022
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.
14/04/2022
Barrett-Jackson and RM Sotheby’s in Florida. Those without reserve win
An article discusses two auctions, one by RM in Fort Lauderdale and another by Barrett-Jackson in Palm Beach, both held in March and April, respectively. RM sold 175 of the 263 cars worth $24,363,000, while Barrett-Jackson sold all 656 lots for a total of $58,672,350, which is twice as much as the previous year. Although the average price wasn't much different between the two auctions, the number of cars sold without reserve was considerably higher at Barrett-Jackson. The article highlights some notable sales, such as the 2020 Ford GT Carbon Series sold for $1,540,000 at Barrett-Jackson and the 1991 Chevrolet Silverado Dale Earnhardt Pickup sold for $165,000. It also mentions the Ferrari 512 BBi from 1984 at RM, with an estimate of $350,000-$400,000, which failed to set a new record.
07/04/2022
Mecum mocks the online auctions
Mecum's recent Glendale auction sold 925 cars for over $60 million, a significant increase from last year's event. The top lot was a 1967 Ferrari 275 GTB/4 that sold for $3.025 million, followed by a 2005 Porsche Carrera GT that sold for a record-breaking $2.2 million due to its low mileage. Other notable sales included a GMC Hummer EV Edition 1, a Rolls Royce Corniche, and a Ford GT, which set a new record with a sale price of $1.1 million.
31/03/2022
Artcurial doubles: another top European auction
Artcurial's recent car auction saw a return to pre-pandemic levels, with 132 out of 167 cars being sold and sales totaling €36,108,002 ($39,604,340). The most expensive car, a 1996 Ferrari F50, sold for €4,161,600 ($4,564,567), followed by a Ferrari Enzo for €2,846,000 ($ 3,121,578), and an ex-works Porsche 907 for €4,390,400 ($4,815,522). Other notable sales included Alain Delon's 3.5 V8 Range Rover, which sold for €95,360 ($104,593), and a Harley Davidson Softail Heritage that belonged to Johnny Hallyday, which sold for €470,840 ($516,431).
24/03/2022
Silverstone and Historics: a world of temptations
Two British auctions, Silverstone and Historics, offered a variety of cars to enthusiasts. Silverstone had higher quality cars, with an estimate of £7.5m and sold 62 out of 100 cars, while Historics sold 75.93% of their 162 cars, with an estimate of £4.2m. The top lot was a 2001 Ford Focus WRC model sold at Silverstone for £423,300. At Historics, a 1997 Mercedes-Benz SLK230 Kompressor was sold for just £2,264, and a Triumph TR5 sold for £75,040, setting a new record. Overall, there were many opportunities and deals for buyers at both auctions.
17/03/2022