Exmoor Classic Car Museum brings $1m to Bonhams' Beaulieu Sale

paulfrasercollectibles

2015-06-26 12:58:50

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Exmoor Classic Car Museum brings $1m to Bonhams' Beaulieu Sale

The entirety of the Exmoor Classic Car Museum was sold on September 8

The entire contents of the Exmoor Classic Car Museum have sold with spectacular results at the long-awaited Beaulieu Sale from Bonhams.

Bugatti Bonhams Beaulieu sale Type 40 RoadsterOveral, The Exmoor Classic Car Museum realised 667,128

The auction, held at the National Motor Museum on September 8, is one of two classic car sales from Bonhams in under a fortnight, with the Goodwood Revival Sale also expecting feverish bids on September 15.

Both auctions are remarkably well-timed, with the classic car market going from strength to strength in 2012. The respected HAGI Top 50 index reported a 10.33% rise in August alone - a 21.49% gain since the start of the year. Now is a great time for those looking to profit from their collection.

10 cars, 13 motorcycles and a range of automobilia sold from the Exmoor Classic Car Museum. Highlighting the collection was a 1927 Bugatti Type 40 Roadster, which sold for 149,340 ($238,977) - a 49.34% increase on its 100,000 ($160,000) high estimate.

Selling comfortably within its 100,000-200,000 estimate was a 1972 Ferrari Dino 246GTS Spyder, which made 144,860 ($231,829). As usual, Ferrari's enjoyed strong results in August, up 14.91% .

In contrast to the positive rises posted by HAGI, a 1925 Bentley 3/4 -litre Speed Model Red Label Tourer sold marginally below estimate at 158,300. Despite this, it still claimed the title of top lot in the sale, as Bentley's retain their reputation as some of the most valuable British cars.

The world record for a British-made car at auction was set in June, when the supercharged "Blower" Bentley sold for 5m at Bonhams Goodwood Festival of Speed.

Visit our dedicated Classic Cars news section for more of the latest news and investment advice.

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