Bonhams 19th Collector Car Auction Sets Multiple Records

Bonhams Flickr Slideshow (click <165>) or Flickr Album

Quail Lodge Carmel CA, Aug 19 2016 - An excellent selection of the finest automobiles results in a nearly $35-million Quail Lodge Auction with an 88% sell-through rate. 115 motorcars of exceptional breadth and quality crossed the auction block on Friday at Bonhams Quail Lodge Auction, held in conjunction with The Quail: A Motorsports Gathering. With a capacity filled auction tent of international bidders, the successful sale boasted of a very impressive 88% sell-through rate with a total of $34.8-million.


1931 Bugatti Type 51 Grand Prix Racer

As in previous years at Quail Lodge, several world records were achieved by Bonhams with James Knight and Rupert Banner acting as the event's auctioneers. The star of the show, the 1931 Bugatti Type 51 Grand Prix Racer of Lord Howe fame, caused a sensation before and during the auction and sold to a private collector during the auction for $4,000,000 – establishing a new world record for the model.


2014 Ferrari LaFerrari

The 2014 Ferrari LaFerrari, the ultimate head-turning Italian supercar – the first to be offered publicly, sold well for $3,685,000. At the other end of the automobile evolution spectrum, the stunning and rare 1904 Mercedes-Simplex 28-32hp Five-Seat Rear Entrance Tonneau also established a world record for the model when it went for $2,805,000 to the applause of everyone in the audience. Another crowd pleaser, and record-making vehicle, was the adorable 1955 Lamborghini DL25 Tractor that was purchased for $110,000.


1930 Duesenberg Model J Town Cabriolet

A host of other model records were set by Bonhams for cars from Ferrari, Hudson, Maserati, Renault and Stutz, while many million-dollars cars secured the auction's top positions. Examples include: the 1985 Ferrari 288 GTO that made $2,112,000; the 2015 McLaren P1 that sold for $2,090,000; the Lancia Aurelia B24S Spider America that achieved $1,402,500; and the Duesenberg Model J Town Cabriolet that went for $1,254,000; while the 1989 Ferrari F40 was purchased for $1,155,000.


1983 Renault 5 Turbo II

Other automobiles that did remarkably well were the Rally Cars. The 1984 Peugeot 205 Turbo 16 and the 1983 Renault 5 Turbo II – both of which are uncommon sites on this side of the Atlantic, found no shortage of interested bidders and sold for $198,000 and $132,000, respectively.

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1959 Mercury Park Lane 2 Door Hard Top sold $44,000

"We achieved some strong results here during the Monterey Car Week but I was especially heartened by the depth of bidding and sell-through rate achieved," said Bonhams Director of Motoring James Knight. "Our international team were in attendance servicing a worldwide clientele, and whether it's making records this month in the US or next month in the UK, the Bonhams motoring group, as market leaders, is one of the finest anywhere."


1921 Stutz Series K Bearcat sold $594,000

Added Jakob Greisen, Head of US Motoring, "We love cars at Bonhams and what a pleasure it is to experience this incredible week every year. Bonhams has an excellent reputation for delivering fresh-to-market cars from a wide diversity of interests, and whether that's a Brass Era motorcoach or a modern supercar, each represents the finest of its class, and this year was no different. Our clients' confidence in us

For a complete list of results, visit auction Aug 18 2017.

Pictured below: 1969 Oldsmobile 442 Coupe sold $94,600

Source: Bonhams

Photos: Randy Berg

1969 Oldsmobile 442 Coupe sold at Bonhams 19th Collector Car Auction

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