Bonhams considers auction options, launches private sales effort

British company adjusts to reality of home confinement

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1963 Aston Martin DB4 Vantage convertible among the cars available from Bonhams' new private sales program | Bonhams photos

Bonhams says it is considering several options for the conduct its May and July MPH auctions, and in the meantime announces the launch of a new private-sales platform for collector vehicles.

The British-based auction house said it will depend on advice from the government to determine whether its MPH auctions are held at their usual location, Bicester Heritage, or will done from Bonhams’ Oxford salesroom.

The company also is considering several formats for the sales, scheduled for May 30 and July 25, will be traditional live sales or will be “closed auctions” with a live auctioneer but with bidding done online.

Regardless, Bonhams notes that, “Despite many of us being confined to our homes, there is still a healthy appetite to acquire motor cars. To meet this demand, Bonhams Motoring has established a Private Sales platform to provide a personalized way of buying and selling vehicles during this challenging time.”

1959 AC Ace-Bristol

Private sales will involve both motorcars and motorcycles, added James Knight, Bonhams Group motoring chairman.

Bonhams said it already has 5 vehicles consigned for private sales, including a 1963 Aston Martin DB4 Series 5 Vantage convertible, a 2011 Aston Martin One-77 Q-Series coupe, a 1989 Aston Martin V8 Vantage Volante, a 1967 Ferrari 330 GTS and a 1959 AC Ace-Bristol roadster.

For details, visit Bonhams private sales website.

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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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