The Bonhams Frederiksen Collection auction was held 26 September 2015 on the grounds of Lyngsbækgaard in Denmark, resulting in more than £16 million in total sales and a 92 percent sell-through rate. The single-owner Frederiksen Collection sale was the highest grossing auction Denmark has ever seen.
Jakob Greisen, head of Bonhams US Motoring Department who handled this sale, said, “Henrik’s collection is truly incredible, certainly one of the best in Europe. We’re delighted that so many turned out for the day, enjoying the sunshine, enjoying the cars, and witnessing a world record breaking Bonhams auction. We’re delighted to have achieved such an excellent result for Mr. Frederiksen, realising a total of over DKK 162 million (£16 million / $24 million).”
Hundreds of bidders and enthusiasts filled the grounds of Henrik Frederiksen’s 16th century manor house, Lyngsbækgaard, as 48 of his motor cars went under the hammer. With Bonhams Co-Chairman Malcolm Barber conducting the sale from the rostrum, bids were received from collectors across the globe as they vied to take home one of the cars offered in this collection. The top result went to the 1930 Duesenberg Model J Disappearing Top Roadster that sold to an American bidder for £1,764,675, now the most valuable car ever sold at auction in Denmark.
Assembled over several decades by Danish gentleman Mr. Henrik Frederiksen, the collection featured models from Alvis, Bentley, Cadillac, Duesenberg, Hispano-Suiza, Horch, Isotta Fraschini, Jaguar, Lagonda, Maybach, Mercedes-Benz, Packard, Rolls-Royce and Stutz.
The collection boasted a selection of Rolls-Royce motor cars, of which 11 sold to achieve over £3.5 million. Highlight of the selection was the 1914 Rolls-Royce 40/50 Silver Ghost Skiff at £740,025, followed by the 1910 Rolls-Royce 40/50 Silver Ghost ‘Balloon Car’ that realised £426,937 and the ex-Hedy Lemarr 1937 Rolls-Royce Phantom III Drophead Coupe selling for £409,860 to a Danish bidder in the room.
One of the most hotly contested motor cars was the 1939 Lagonda LG6 Rapide that smashed its pre-sale estimate to realise £540,000. Further prices include the cover lot, the 1914 Mercedes 28/95 Phaeton, that sold to a German telephone bidder for £927,877.
Henrik Frederiksen said, “I’m absolutely delighted, Bonhams has done an incredible job. I now have to say goodbye to my wonderful cars, but I couldn’t be happier as I know each will bring joy to their new owner. It’s quite astounding how many people turned out for the day, plus so many people bidding from across the world.”