Bonhams’ Greenwich auction reaches $10.5 million

Bonhams’ Greenwich auction reaches $10.5 million

The sale featured cars from the late Carroll Shelby’s personal collection

With about 125 cars and automobilia pieces from nearly every era of motoring, Bonhams reached $10.5 million, including fees, and a 92 percent sell-through rate at its 11th annual Greenwich Concours d’Elegance Auction held Sunday in Connecticut.

Record attendance and multiple world-record sales were reported by the auction house, with the auction cover car, a 1965 Aston Martin DB5 convertible, achieving the top result at $1.45 million, the only sale of the auction that crossed into seven figures. All auction results include buyer’s fees.

Other top sales were made by a 1959 Mercedes-Benz 300 SL roadster at $895,000, a 2001 Ford GT Heritage Edition at $412,000 and the “lost” 1954 Cunningham C3 coupe at $313,000.

The Shelby Series 1 was from Carroll Shelby's collection

The Shelby Series 1 was from Carroll Shelby’s collection | Bonhams

The Carroll Shelby Collection sparked excitement during the auction, with 100 percent of the cars from the late motor legend’s garage selling on the block. Top sales included the 1999 Shelby Series I that made $313,000, the 1965 Shelby 427 Continuation Cobra that sold for $259,840, the engine-less 1987 DeTomaso Pantera GT5-S that achieved $226,240 and the 1966 Ford Mustang Shelby GT 350 continuation convertible that was bought for $201,600.

Among the top-selling pre-war cars were a 1934 Alvis Speed 20 SB Sports Tourer sold for $174,720, a 1934 Packard Eight 1101 convertible sedan for $162,400 and a 1910 National Series S 50 HP “Semi-Racing” roadster at $147,840.

“Our Greenwich auction was the best to date in terms of interest, attendance and sales figures,” Eric Minoff, Bonhams head of sale for Greenwich, said in a news release. “Fresh-to-market classics with sound provenance and original condition cars brought the most attention, including bids from collectors from around the world. We’re very pleased with the results and it’s always a pleasure to partner with such a great event as the Greenwich Concours.”

The top-10 sales for Bonhams’ Greenwich, Connecticut, auction were:

  1. 1965 Aston Martin DB5 Convertible, $1.45 million.
  2. 1959 Mercedes-Benz 300 SL roadster, $895,000.
  3. 2006 Ford GT Heritage Edition, $412,000.
  4. 1954 Cunningham C3 coupe, $313,000.
  5. 1999 Shelby Series I, $313,000.
  6. 1965 Shelby 427 Continuation Cobra, $259,840.
  7. 1987 DeTomaso Pantera, GT5-S, $226,240.
  8. 1980 Ferrari 512 Boxer Berlinetta, $212,800.
  9. 1963 Maserati Sebring 3500 GTI, $210,560
  10. 1966 Ford Mustang Shelby GT350 continuation convertible, $201,600.

Bonhams next auction will be the sale of the Den Hartogh Collection with more than 200 Ford and Lincoln vehicles and 50 motorcycles on June 23 in Hillegom, The Netherlands, followed by the Goodwood Festival of Speed Sale on July 13 in Chichester, England.

For more information, visit Bonham’s motoring department website.

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