Bonhams, Greenwich Concours d’Elegance, Greenwich, Connecticut, June 1, 2014
Report by Rick Carey, Auction Editor
Bonhams featured a couple of headline cars at Greenwich, particularly John Fitch’s Fitch Phoenix prototype which John had driven many times down from Lime Rock to the Concours.
The Fitch Phoenix’s thunder might have been overshadowed in the auction results by the $1.2 million Countach Periscopica, but nothing can really diminish the multiple contributions to racing and automobile safety of John Fitch. The quarter-million dollars that the Phoenix brought was in the greatest part due to respect for his immense talent, creativity and initiative.
The next time you spot some plastic barrels, splintered around a lane divider on the Interstate after sparing a motorist from impact with immovable Armco, think of John, whose innovative idea these passive barriers were.
In the same vein, the Greenwich Concours’ impresario, irrepressible Bruce Wennerstrom, brought a new element to the weekend: a flash mob performing choreographed song and dance before the awards ceremony. Greenwich isn’t New York, but it’s close enough that the intersection of Broadway and cars is only a thought away. Bruce melded that thought with the Concours this year and it injected fresh life into an already buoyant weekend of cars, commerce and conversation.
Something similar is probably not going to occur on the Lawn at Pebble Beach.
Bonhams has made Greenwich its own since taking over a few years ago. This is their seventh year at Greenwich, and the cars made their own statement with a singularly large component of preserved (to various degrees) original cars. A few of them got the bidders’ juices flowing, including the Countach Periscopica, and deserved to set new standards for type and condition.
Greenwich is a double-barrel event where a Bonhams catalog is admission not only to the auction but also to the Concours. The greatest concentration of disposable income in the world is less than an hour’s drive in radius, an area with a history of car collecting and preservation that is well over a half century old.
Cars Offered / Sold
Sold < Low Est.
Sold > High Est.
104 / 97
100 / 74
90 / 62
82 / 56
78 / 55
89 / 44
49 / 27
There were a lot of neat and affordable cars here in Greenwich, an offering that was largely accessible as indicated by the $45,100 median result. Go to the Concours, get fired up, and buy a car with the potential to participate next year.
Participation in the all-singing, all-dancing flash mob is optional.
[On-site observations are ably contributed by Andrew Newton. The Transaction Comments are solely the responsibility of the Editor. Don’t blame him.]