HomeThe MarketBonhams does $7.38 million at 10th Greenwich auction

Bonhams does $7.38 million at 10th Greenwich auction


1990 Euro-spec Ferrari F40 tops Bonhams' Greenwich sale | Bonhams photos
1990 Euro-spec Ferrari F40 tops Bonhams’ Greenwich sale | Bonhams photos

Bonhams celebrated its 10th anniversary as the auction house for the Greenwich Concours d’Elegance with a sale this past weekend that posted a 92-percent sell-through rate and total results of $7.38 million.

“We are very pleased with today’s results,” Eric Minoff, Bonhams’ head of sale for the Greenwich event, said in a news release. “We had an excellent selection of unique collectors’ cars with sensible estimates and a beautiful and convenient venue.

“The outcome was strong interest, respectable prices and very successful results.”

F40 has harnesses, sport seats
F40 has harnesses, sport seats

Topping the sales chart was a highly options and Euro-spec 1990 Ferrari F40 that sold for $880,000 (prices reported include buyer’s fees). The car had recently undergone a major service and is in the process of receiving Ferrari Classiche certification. The car left Maranello without catalyst, with roll-up windows, six-point harnesses and sport seats. It was sold to an owner in Japan and remained in that country until 2015.

Second on the top-10 list was a 1932 Bugatti Type 49 roadster with coachwork by Labourdette. The car originally was owned by Charles Drouilly, who nicknamed himself “Commodore” and was described in the Bonhams’ catalog as having “amassed a fortune selling ladies hats and then spent the rest of his life doting on women and spending.”

The car, which had been restored, sold for $676,500.

Also among the top three sales was another Bugatti, a 1993 EB 110 that brought $605,000.

Top 10 sales, Bonhams Greenwich auction 2017

  1. 1990 Ferrari F40, $880,000
  2. 1932 Bugatti Type 49 roadster, $676,500
  3. 1993 Bugatti EB110, $605,000
  4. 1990 Aston Martin DB4 Series II sports saloon, $346,500
  5. 1925 Bentley 3-liter four-seater tourer, $272,500
  6. 1972 Ferrari 365 GTC/4, $236,500
  7. 1939 BMW 327/328 cabriolet, $220,000
  8. 1968 Ferrari 365 GT 2+2, $202,400
  9. 2009 Mercedes-Benz SL65 AMG Black Series, $189,750
  10. 1932 Chrysler CL Imperial custom convertible sedan, $181,500

(Prices include buyer’s fees).

Bonhams next sale is scheduled for June 30 at the Goodwood Festival of Speed, to be followed August 18 by its auction at the Quail Lodge on the Monterey Peninsula.

Larry Edsall
Larry Edsall
A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the web and becoming the author of more than 15 automotive books. In addition to being founding editor at ClassicCars.com, Larry has written for The New York Times and The Detroit News and was an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

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