Photo credit: Bonhams
I had never been to Zoute, Belgium, on the coast of Flanders, where the highly successful Zoute Grand Prix takes place annually. I understood, thanks to the quality of the cars and the wealth of opportunities for attendees, including the Bonhams auction, why people rave about it. I highly recommend visiting! Unfortunately, I'll only focus on the auction, my specialty, where I can share more interesting insights and make fewer mistakes. Comparisons to the 2023 edition should be based on percentages rather than absolute numbers, as there were 68 cars offered compared to last year's 96, with 59% being no-reserve cars, up from last year's 54%. In this context, the excellent 82.29% of cars sold last year was far surpassed, reaching an impressive 92.65%, exceeding even the major auctions at Pebble Beach! The turnover was €20,578,675, with an average price per car of €326,646, aligned with 2023. For Bonhams, this was a real success, especially considering that this figure is close to the combined totals from Pebble Beach and Goodwood auctions.
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