Bonhams Quail Lodge 2013 – Auction Report

Bonhams Quail Lodge 2013 – Auction Report Page Two

1960 Ferrari 250 GT Cabriolet Series II
Lot # 130 1960 Ferrari 250 GT Cabriolet Series II, Body by Pinin Farina; S/N 1869GT; Engine # 1869GT; Dark Blue/Tan leather; Black cloth top; Estimate $1,200,000 – $1,400,000; Recent restoration, 2- condition; Hammered Sold at $1,250,000 plus commission of 10.00%; Final Price $1,375,000 – Chrome spoke Borranis, Michelin X blackwall tires, fog lights, overdrive, factory hardtop – Twice restored. Good recent paint, chrome and interior. Shows some use. Dash and instruments are excellent. Engine number stamping is suspect – Sold by Christie’s at Monterey in 2004 for $282,500 prior to its most recent restoration. That was what a good example was worth nine years ago; this is what it brings today.
1951 Aston Martin DB2 Coupe
Lot # 131 1951 Aston Martin DB2 Coupe; S/N LML/50/44; Engine # VB6B/50/1152; Silver, Black stripe/Black leatherette; Estimate $200,000 – $260,000; Original, with non-original appearance items, 3+ condition; Hammered Sold at $266,000 plus commission of 10.00%; Final Price $292,600 – Silver painted wire wheels, quick fill fuel cap, covered headlights, Talbot outside mirrors, later Vantage engine – Decent repaint and interior. Weak trim chrome. Old undercoat in wheel wells. Body customized in Sweden for the third owner, Yngve Eriksson with oval grille, covered headlights, fender vents and a wraparound rear window – Looks less like a DB2 and somewhat like a very tall Ferrari GT. The body modifications (and the later, more powerful, engine) didn’t seem to have much effect on the bidders here who paid a healthy price for it and its unique visage.
1965 Aston Martin DB5 Coupe
Lot # 133 1965 Aston Martin DB5 Coupe; S/N DB5/1941/R; Engine # 400/1896; Estimate $650,000 – $750,000; Older restoration, 2- condition; Hammered Sold at $550,000 plus commission of 10.00%; Final Price $605,000 – Chrome wire wheels, multiband radio, clock, P/W, ZF 5-speed, lefthand drive conversion – Fair paint cracked in the roof gutters and surface rusting behind the windshield grommet. Very clean and orderly engine compartment. Thin window frame chrome, good major chrome. A sound older restoration with limited use but with some troubling details – Passed on the block at a high bid of $520,000 but closed during the sale with this result, a reasonable price for a reasonable car.
1957 Rolls Royce Silver Cloud I 4-Dr. Sedan
Lot # 137 1957 Rolls Royce Silver Cloud I 4-Dr. Sedan; S/N LSED351; Engine # SD 400; Green, Beige/Beige; Estimate $30,000 – $40,000; Visually maintained, largely original, 4- condition; Hammered Sold at $35,000 plus commission of 10.00%; Final Price $38,500. No Reserve – Ex-James Mason car, modern sound system, crystal decanters and glasses, tool kit, owner’s handbook, shop manual, badge bar, fog lights – Paint is chipped and bubbled, poorly prepped touch-ups abound, body panels wavy. Interior much better than exterior with a surprisingly nice headliner. Seats, woodwork, and trim have been replaced at some point. The drinks cabinet is in the front seat, convenient to the driver. In need of a repaint at the least if not a full restoration – Unfortunately, Cloud I Standard Steel Saloons aren’t worth enough to justify a restoration. This price is nothing if not generous for its condition and the $40,000 or so more it might bring if fully restored to 18th Fairway condition is not going to make a dent in the cost of getting it there. Fortunately for the new owner it is usable in its present condition.
1924 Bugatti Type 35 Grand Prix
Lot # 138 1924 Bugatti Type 35 Grand Prix; S/N 4323; Blue/Black leather; Estimate $1,500,000 – $2,500,000; Competition restoration, 3+ condition; Not sold at Hammer bid of $1,200,000 – RHD. Alloy wheels, mesh aeroscreen, Marchal headlights, alloy wheels, single sidemount – The first Bugatti Type 35, one of six cars taken by Ettore Bugatti to the 1924 Grand Prix at Lyon. Acquired many years ago by GM designer Henry Haga and restored by him with advice from Hugh Conway and an engine built up from parts. Good, solid old restoration still in very presentable condition and an equally solid history – Neither Type 35 offered at the Monterey auctions found a new owner although this one, with its prototype history, unique features and special ownership history is by far the better buy even at its low estimate. Skeptics will opine, ‘Bugatti buyers are a vanishing breed,’ but one only has to drive one to experience the union of driver and machine that makes these very special automobiles (q.v., my Pur Sang experience at Monterey last year.) It should have brought more, even with the bitsa engine, and found a good new home where it will be appreciated as Hank and Ellie Haga have for a half century.
1971 Ferrari 365 GTB-4 Daytona Coupe
Lot # 140 1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Pininfarina/Scaglietti; S/N 14233; Engine # B806; Red/Black, Red leather; Estimate $450,000 – $550,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $390,000 plus commission of 10.00%; Final Price $429,000 – Voxson 8-track stereo, Veglia A/C, P/W, alloy wheels, Silver painted nose panel, pop up lights, original books and tools – Known history from new, 28,652 miles. Decent older repaint. Good lightly creased upholstery. Bubbles in windshield safety glass. Old undercoat in wheel wells. A good, highly original, honest driver quality Daytona that has three FCA Platinum awards to its credit – The buyer of this Daytona may have gotten slightly more car than the money spent for it, but in the end the result is fair to both the buyer and the seller. It’s not too good to drive and enjoy, nor are the miles low enough that a few thousand more should deter the new owner from enjoying it.
1964 Austin-Healey 3000 Mk II Roadster Lightweight
Lot # 141 1964 Austin-Healey 3000 Mk II Roadster Lightweight; S/N HBJ7/64H/57-2; Engine # XSP2157-2; Silver-Blue, White hardtop/Blue; Estimate $300,000 – $350,000; Competition restoration, 3 condition; Hammered Sold at $320,000 plus commission of 10.00%; Final Price $352,000 – RHD. 2,912 cc, 180hp, triple Weber carbs, 6-port aluminum cylinder head, ZF limited slip axle, silver painted wire wheels, rollbar, woodrim steering wheel, carburetor access panel, sliding side windows, quick fill fuel cap, aluminum body panels – Ex-works, 1964 Sebring 12 Hours driven by Paddy Hopkirk and Grant Clark, raced in the Targa Florio in 1966 and 1968 owned by Ted Worswick. Repainted and mechanically attended to as needed since with some historic events to its credit. A little tired but eminently usable and more than presentable enough for a race track paddock. FIA papers – This isn’t your ordinary Big Healey, a lightweight, high performance, works prepared race car that might have embarrassed the GTOs at Sebring in 1964 had Grant Clark (not Jimmy) not put it on its head soon after taking the wheel. Sympathetically maintained since it left the factory’s care it is a delightful combination of period construction, presentation and Healey style and is a sound value at this price.
1955 Lancia Aurelia B24S Spider America
Lot # 142 1955 Lancia Aurelia B24S Spider America, Body by Pinin Farina; S/N B24S1144; Engine # B241213; Black/Red leather; Black cloth top; Estimate $800,000 – $950,000; Older restoration, 2- condition; Hammered Sold at $850,000 plus commission of 10.00%; Final Price $935,000 – Chrome wire wheels, SW water temperature gauge under the dash – A quality restoration showing a little age but still nearly show quality with excellent cosmetics. Gauges and dashboard near perfect, horn button showing some wear, hood badge and glovebox knob cracked. Missing shock tower adjustment plugs – A worthy rival to Ferrari and Maserati and the most desirable of all series-built Lancias of the period, the value of the B24S Spider America has climbed precipitously in the last two years or so. A half-million dollar car within recent memory, now it presses inevitably on seven-figures. It may not be ‘right’ but it’s how it is.
1970 Porsche 911S/T Coupe
Lot # 146 1970 Porsche 911S/T Coupe; S/N 9110301014; Engine # 6301386; Green/Black vinyl, cloth; Estimate $450,000 – $650,000; Competition restoration, 3+ condition; Not sold at Hammer bid of $380,000 – Recaro seats, fire system, power sunroof, Fuchs wheels, roll cage, radio – Winner of the Nürburgring 36 hours in 1970. Decent paint, chrome and interior. A well maintained, attractive historic race car – A real Porsche oddity, but one that reflects Porsche’s willingness to tailor features to its clients’ desires and their appreciation of Porsches that could be driven to work during the week and raced on the weekends with reasonable chances of success particularly, as first owner Guenther Buehl preferred, in long distance competition. It is, however, a niche Porsche with limited appeal which may explain why it didn’t find a buyer in Monterey.

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  1. Roger sent this inquiry to the SCD mailbox: I’ve just enjoyed your latest weekly update. The photos and reporting are excellent. Any reason the headline car from the Bonhams Quail Auction this year was not reported on? It was their top sale lot and significantly contributed to their huge improvement from 2012 total sale results.

    The answer gets to the challenges in covering auctions, particularly five auctions over 11 sessions in a 4-day span. In the case of Bonhams’ sale of Lot 152, the 1931 Bentley 4 1/2 Liter Supercharged LeMans tourer s/n MS3944 for $4,225,000 hammer, $4,647,500 with commission the answer simply is that every time I headed over to write it up, so did prospective buyers. They surrounded the car and it seemed like most of the time were driven off on a test drive. I never got the chance to make appropriate observations and take notes. It was probably the most demonstrated car in the sale (and seemed to run extremely well.)
    However, not having had the chance to get a close look at it long enough to take appropriate notes I chose not to include it in the narrative report.