Bonhams Annual Goodwood Festival Of Speed auction produced some truly astounding results over the weekend. Hot on the heels of Artcurial’s recent world record sale in Paris of a 1300km 1963 Mercedes-Benz 300SL Roadster for over 3M Euros, Bonhams has upped the ante by completely shattering the record for a BMW at auction through the sale of John Surtees 507 Roadster for an astounding US$ 5,058,042. The narrative coming out of Goodwood, as we and other historians and insiders have long espoused, is that the market is continuing a maturation process and the further acute stratification of values within even specific models is continuing as the knowledge base expands and the population of those interested in classic collectible cars grows.
as per Bonhams press released linked below:
The most valuable lot of the sale was the exquisite ‘2 VEV,’ the ex-Essex Racing Stable, 1961 Aston Martin ‘MP209’ DB4GT Zagato which achieved a staggering £10,081,500, making it the most valuable British car ever sold at European auction. It sold in the room to a European buyer.
Setting the world record for the most valuable BMW ever sold under the hammer at auction was the John Surtees CBE, one owner from new, 1957 BMW 507 Roadster which realized £3,809,500 against a pre-sale estimate of £2,000,000-2,500,000. After a tense and lengthy bidding exchange, the motor car sold in the room to a European buyer.
Classic racing cars were popular throughout the sale, with the dual-use Grand Prix racing and road-going ex-Scuderia Ferrari 1932-34 Alfa Romeo Tipo B Grand Prix Monoposto selling for £4,593,500. Newer models also performed very strongly, with the 2012 Bugatti Veyron Super Sport Coupé selling for an estimate-beating £2,045,500 to a buyer in the room.
Aston Martin was the favored marque of the day, with the 1965 Aston Martin DB5 Sports Saloon that starred in the James Bond film GoldenEye exceeding its £1,200,000-1,500,000 estimate and achieving £1,961,500. The buyer was SPYSCAPE, the education and entertainment company focused on the world of espionage and secret intelligence.
British marques performed incredibly strongly throughout the sale, with the 1931 Bentley 4½-Liter Supercharged Tourer ‘Blower’ – 1 of the 50 originally built – selling for £2,017,500.
Other highlights included:
– 1960 Ferrari 250 GT PF Coupé sold for £583,900
– The Tulip Rally class winning,1954 AC Ace Roadster sold for £404,700
– The 1977 Porsche 911S that starred in The Bridge sold for seven times its pre-sale estimate, achieving £141,500 with proceeds going to WaterAid.
GOODWOOD 2018 AUCTION HIGHLIGHTS
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