Archive
16/06/2022
Bonhams Greenwich. The key to success
Bonhams achieved a successful American auction in Greenwich, with over 80% of cars sold without reserve, resulting in 95% of sales and an average price per car of $105,761. The top lot was a 1929 Bentley 4 1/2 litre Tourer that sold for $604,500. Two Jaguar XK120s sold below estimates, with the coupe selling for $85,120 and the roadster selling for $66,080. The sale also featured a replica 1966 Fiat 500 Jolly that sold for $89,600, and a collection of four Facel-Vegas that performed well. A 1981 Porsche 911 SC Coupe also caught the writer's attention.
14/06/2022
Fred Simeone, farewell during “his” 24 Hours
Fred Simeone, a renowned collector and scientist, passed away leaving behind a significant legacy of endurance race cars, many of which competed in Le Mans.
09/06/2022
How do you find gold? Historics and Silverstone show how
Auction houses Silverstone and Historics had different profiles for two different types of cars, with 77 and 79 cars sold respectively. Silverstone aimed high, netting £6,813,765 (€7,831,055) in takings with an average sale price of £88,490 (€101,700), while Historics took home £2,712,991 (€3,118,038) or £34,341 (€39,468) per car. Lady Diana's 1985 Ford Escort RS Turbo S1 was sold for £722,500 (€825,000), while a 1998 22B STI went to its new owner for £182,250. An Audi RS2 sold for £75,938 and a 1966 230SL Pagoda that once belonged to Stirling Moss sold for £177,750 (€204,000). The most interesting car was the 1974 Lamborghini Espada S3, sold for £83,768 (€96,155).
09/06/2022
Historics and Silverstone: investment opportunities
The British auctions in May by Historics and Silverstone offered affordable prices and opportunities. A Subaru Impreza P1 set a record by selling for double its estimate, while a 458 Italia was sold for almost half the price of a 458 Speciale. McLaren MP4-12C and hot hatches reached high prices compared to market averages. The last Cooper S Mini sold at Silverstone set a new record. Historics sold 74.48% of 192 cars and generated £4,943,581 turnover, while Silverstone sold 48 lots out of 86 and generated £3,557,783 turnover with higher average prices.
02/06/2022
Mecum wins at Indy
Mecum's recent auction in Indianapolis saw a 27% increase in sales, reaching over $122 million, with a record-breaking sale of 18 Chevrolet Corvette Pace Cars in a single lot for $1.375 million. The auction featured two cars driven by Mario Andretti and Dan Gurney, selling for $2.2 million and $1.375 million respectively. The market for modern hypercars such as the McLaren Speedtail showed signs of saturation, with one going unsold at $2.5 million. Many Fords at the auction, including a 2016 Porsche Cayman GT4, showed considerable growth in value.
27/05/2022
2022. The TCCT Virtual Garage continues to grow
The article describes the purchases made by three different collectors for their car collections at international auctions. The collectors are identified as Mr. Cautious, Mr. Sober, and Mr. Wealthy, who buy cars at different price ranges. The article mentions the specific cars purchased by each collector, including their reasons for buying them. The article also highlights the editorial staff's choice of the most interesting car purchased at recent auctions, which was the 1937 Talbot-Lago T150-C-SS Teardrop Coupe. The article concludes by stating that this is an investment that will yield considerable fruits.
26/05/2022
High fever from Stuttgart to Monaco
The sale of the Mercedes 300 SLR Uhlenhaut coupé for 135 million euros signifies the positive and lively collector's market. Investing in original and carefully selected collector's cars can be a good decision, even if their price is a fraction of this astounding figure. The auctions in Monaco had some interesting results, with the Aston Martin V8 Vantage Volante X-Pack and the 1973 Dino 246 GTS "chairs and flares" fetching record-breaking prices. However, some cars like the Jaguar E-Type S2 Roadster and the 1984 Audi Sport Quattro failed to attract high bids.
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