The Scottsdale Auction

BONHAMS 3RD ANNUAL SCOTTSDALE AUCTION THE BEST YET, WITH MULTIPLE RECORDS MADE, STRONG SELL-THROUGH RATE AND NEARLY $25-MILLION ACHIEVED

16 Jan 2014, The Scottsdale Auction
The Scottsdale Auction

Bonhams' third annual auction during the Scottsdale Car Week was a smashing success, nearly doubling last year's total and quadrupling that of the first year.

Held on Thursday, January 16th under warm and clear desert skies at the beautiful Westin Kierland Resort & Spa, the anticipated auction exceeded pre-sale expectations. Buyers from around the world filled the sales tent to capacity with many more bidders participating online and by telephone.

The viewing atmosphere on the lawns was relaxed, where clients could scrutinize the exceptional motorcars on offer and examine history files, while bidding inside was lively and anything but slow. Several cars were the focus of bidding wars that prompted applause from the audience, particularly those from Italian marques Alfa Romeo and Ferrari.

The inimitable 1931 Alfa Romeo 6C 1750 Supercharged Zagato Gran Sport Spider achieved a new world auction record for the model at $3,080,000, while the gorgeous sports racing "Tailor's Car" – the 1951 Ferrari 212 Export Berlinetta – was bought for $3,190,000 by an American collector seated in the audience after a long and spirited bidding battle between other collectors in the room and on the phones. Another superb Ferrari became the focus of intense interest – the 1966 Ferrari 275 GTB/6C – when it exceeded its pre-sale estimate and made $2,640,000, whereas the multiple award-winning 1968 Ferrari 330 GTC achieved a significant sales price of $803,000.

The wonderfully preserved 1936 Mercedes-Benz 500K Supercharged Sports Phaeton unsurprisingly attracted bids from around the world and was sold to a well-known marque collector by telephone for $1,430,000.

"We were thrilled with the sale and very grateful to our esteemed consignors and buyers," said Mark Osborne, Head of Bonhams US Motoring Department. "Our sell-through rate was nearly 90% while achieving world record prices. The sale total shows tremendous growth for Bonhams and our presence here in Scottsdale. We were able to offer an excellent selection of top-tier automobiles and the market responded accordingly."

James Knight, Group Motoring Director at Bonhams, commented, "Our US department delivered strong growth in 2013 and have continued the trend into 2014 with a tremendous Scottsdale auction. We are being entrusted with an ever-increasing volume of high-end motorcars and repaying our clients' faith in us by achieving record results. We look forward to our next important auction at the magnificent Grand Palais in Paris next month."

For a complete list of Scottsdale results, please visit bonhams.com/scottsdale


NOTES FOR EDITORS

Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com

Contacts
  1. James Knight
    Specialist
    Bonhams
    Work
    101 New Bond Street
    London, W1S 1SR
    United Kingdom
    Work +44 20 7447 7440
    FaxFax: +44 20 7447 7438
  2. Mark Osborne
    Specialist
    Bonhams
    Work
    220 San Bruno Avenue
    San Francisco, 94103
    United States
    Work +1 415 503 3353
    FaxFax: +1 415 503 3300