BONHAMS SUMMER CLASSIC SEES £2.4 MILLION IN SALES

7 Jun 2014, The Banbury Run Sale, Collectors Motorcycles & Motor Cars

Bonhams Summer Classic Sale achieves £2.4 million, almost double its 2013 total

The largest Summer Classic Sale to date, with 121 motorcycles, 82 motorcars and 93% sale achievement

Aston Martin proved popular, with a 1966 DB6 Mk1 Saloon achieving £135,900, the last Mk1 1970 DB6 Sports Saloon reaching £130,300, and a 1957 Aston Martin DB Mk III Sports Saloon Project reaching £98,940

A 1955 Vincent 998cc Black Prince Project broke the world record for a Black Prince sold at auction, securing £91,100, almost four times its estimate

This weekend Bonhams annual Summer Classic Sale saw £2.4 million of automotive classics go under the hammer.

Aston Martin proved popular, taking the top three spots as highest grossing lots for the sale. The top lot, a Capri Blue 1966 Aston Martin DB6 Mk1 Saloon in need of re-commissioning reached £135,900 to a telephone bidder. A 1970 last Mk1 production Aston Martin DB6 Sports Saloon was a further highlight; despite its need for restoration it more than doubled its estimate price at £130,300. Earlier in the sale a 1957 DB MkIII Sports Saloon Project, stored since 1971 and requiring full restoration, sold to a telephone bidder for £98,940.

A 1955 Vincent 998cc Black Prince project - disassembled around 1967 and never since restored - created a bidding frenzy, as two bidders on the phone battled for their most coveted item.

Both bidders had a personal attachment to the bike; one having owned a Black Knight in his youth but always yearned for the superior Black Prince, the other (the eventual winner) sharing a birth year with the bike, and wanting to gift himself the Prince for his birthday.

The high performance motorcycle project eventually sold for almost four times its estimate at £91,100, becoming the top lot of the motorcycle sale and setting a world record for a Black Prince sold at auction.

Elsewhere in the sale, a semi-restored 1933 Talbot 'Alpine Replica' secured £84,380; a 1935 Alvis Speed Twenty 'SB' Tourer sold for £79,900, and an unusual Messerschmitt TG500 Microcar from 1958 sold for £59,740.

James Knight, Bonhams Group Motoring Director, said: "Yet again we see another fantastic Summer Classic Sale. After the recent Aston Martin Works sale in Newport Pagnell, we were not surprised to see that the brand continues to do well at our classic car auctions."

"We're delighted that this year's sale has almost doubled our previous year's total, selling £2.4 million of classic cars and motorcycles. Achieving a 93% sale rate is wonderful for Bonhams, but more importantly it's wonderful for our clients who invest their time, money and most prized possessions with us.

"As we continue to enjoy this great British summer, we look forward to the Banfield Collection sale starting on June 13th in Staplehurst, Kent, and at the end of June our annual Goodwood Festival of Speed sale on June 27th."


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. Ben Walker
    Specialist
    Bonhams
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    101 New Bond Street
    London, United Kingdom W1S 1SR
    Work +44 20 8963 2819
    FaxFax: +44 20 8963 2801
  2. James Knight
    Specialist
    Bonhams
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    101 New Bond Street
    London, United Kingdom W1S 1SR
    Work +44 20 7447 7440
    FaxFax: +44 20 7447 7438
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