Bonhams in London: the USA is on a roll, but the “Old Continent” does not disappoint

We were waiting for this “Old Continent” auction to see if the European market shows obvious signs of recovery like we’ve seen in the USA. The answer is “yes”, but it’s a cautious one for several reasons: 73% of the cars on offer were British (19 in total) and of these, 11 were Aston Martins (42%). Not a representative sample, therefore – if there had been one or two more red Italians or silver Germans, we could have drawn more precise conclusions. Secondly, we must bear in mind that the number of important buyers in America is much higher than in Europe, as illustrated in the annual ranking of our Yearbook, The Key and this, fatally, animates exotic sales events like these.