Bonhams sets records at Quail Lodge auction
Bidders at Bonhams' annual Quail Lodge sale helped the British auction house set new records in California.
The auction featured a treasure-trove of classic cars, from the Brass Era to the present day, spanning over a century of automotive design. With an impressive sell-through rate of 90%, the sale realized a final total of $46,738,000.
Topping the sale were a selection of vintage Ferraris, led by a historic race-winning 1959 Ferrari 250 GT Competizione Alloy Berlinetta which sold for $8,525,000.
There were also strong results for a 1971 Ferrari 365 GTS/4 Daytona Spyder which sold for $2,640,000, a 1985 Ferrari 288 GTO Coupe which fetched $2,365,000, and a unique Pebble Beach class-winning 1951 Ferrari 212 Inter Cabriolet which brought a world record price of $2,200,000.
Away from the Prancing Horse, collectors were in the market for further Italian sports cars as a 1955 Lancia Aurelia B24 Spider America brought $1,952,500, followed by a Space Age 1953 FIAT 8V Ghia Supersonic which fetched $1,815,000 – both world record auction prices.
There were further marque records set by cars including a 1949 Veritas Scorpion Cabriolet and a 1949 Lea Francis 2.5-Litre Sports, with a 1922 Bugatti Type 29/30 Oval Tank Racer and a 1952 SIATA 300BC Sport Spider both setting new model records.
"We're very pleased with our results," said James Knight, Bonhams Group Motoring Director. "Our strong sell-through rate, the numerous records achieved, and the increased interest from worldwide bidders – not just from America and Europe but from Asia and the Middle East as well – demonstrate the continued strength of the collector car market and demand for the finest examples."
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