Join The World's Best Iconic & Vintage Car Community >>

Bonhams Quail Lodge 2016 – Auction Report

Andrew C. Newton

Bonhams, Quail Lodge, Carmel Valley, California, August 19, 2016

The total sale may be off from 2013’s $107.5 million blockbuster 2-day sale including the Maranello Rosso collection (and, not incidentally, the 250 GTO s/n 3851GT’s $38.1 million price) and 2014’s strong performance of $44.3 million but 2016 marked a highly credible continuation of Bonhams’ presence in and contribution to the Monterey week’s commercial activity.

All but four of the twelve cars that reached hammer bids of $1 million or more sold led by three cars about as different as it is possible to be in their concept and history.

Top seller was the ex-Lord Howe Bugatti Type 51 Grand Prix sold for $4,000,000 (in a transaction that closed after it left the block). It was closely followed by one of today’s most advanced and high tech supercars, a spanking new La Ferrari Berlinetta at $3,685,000. Then, for the antiquely inclined, came the 1904 Mercedes-Simplex Rear Entrance Tonneau, a London to Brighton Veteran Car Run star, that brought $2,805,000 (all amounts include commission).

If anyone thought interest in antiques and brass era cars was confined to aging collectors the Mercedes-Simplex [in which I had a ride and couldn’t endorse more for its spirit and performance] is cause enough for reassessment. That is further confirmed by the sale rate for the six pre-WWI cars offered: 100%.

Bonhams’ sale rate of 91.8% also was the highest among all the Monterey auctions and affirms the judgment of Bonhams specialists in presenting one of the most diverse consignments on the Monterey Peninsula. In addition to the six pre-WWI cars there were eighteen from the inter-war years and they achieved a 72.2% sale rate.

At the other end of the sale the five cars built since the turn of this century offered by Bonhams achieved an 80% sell-through with the McLaren P1’s $2,090,000 price in the top five sales, just behind a Ferrari 288 GTO.

It amounted to a thoroughly enjoyable and productive way to kick off the Monterey auctions.

Andrew Newton contributed to the on-site observations and photographs from Bonhams.

[table id=161 /]

Bonhams Quail Lodge 2016 – Auction Report

1969 Chevrolet Camaro Z/28 2-Dr. Hardtop
Lot # 1 1969 Chevrolet Camaro Z/28 2-Dr. Hardtop; S/N 124379L526864; Olympic Gold, Black stripes and vinyl roof/Black vinyl; Estimate $60,000 – $80,000; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $52,000 plus commission of 10.00%; Final Price $57,200 – 302/290hp, 4-speed, console gauges, power brakes, woodgrain steering wheel, AM-FM, Rally wheels with trim rings and hubcaps, Radial T/A blackwall tires, long tube headers, power steering, cowl induction. – Very good clearcoat paint, chrome and interior. Underbody imprinted and like new. Engine compartment is sharp and fresh; engine number has been decked off. A fresh, sharp restoration to like new with reasonable modifications. – Even the estimate range on this Z/28 is modest but reflects the lack of any contention that it has its original drivetrain, an omission that accounts for some but not all of the discount from the nearly $100K price it could have brought. Even if the engine came out of a pickup truck this is a lot of car for the money and a strong value at this result.
1974 Alfa Romeo Montreal Coupe
Lot # 2 1974 Alfa Romeo Montreal Coupe; S/N AR1428175; Engine # AR00564S0785; Orange/Black vinyl; Estimate $80,000 – $100,000; Recent restoration, 2- condition; No Reserve; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500 – Campagnolo alloy wheels, Falken tires. – Good repaint with some minor masking oversights. Generally good chrome and bright trim; pitted rear hatch hinges. Good upholstery and gauges. Clean undercoated underbody. Fresh engine compartment presents like new. An unusually good Montreal. – This is a quality car done to reasonably good standards. The buyer paid generously, but not outrageously, for it.
1973 Porsche 911S Coupe
Lot # 4 1973 Porsche 911S Coupe; S/N 9113301166; Engine # 6331858; Tangerine/Black leatherette; Estimate $180,000 – $220,000; Older restoration, 2- condition; No Reserve; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000 – Bosch fuel injection, Fuchs wheels, Pirelli P6000 tires, dual mirrors, Blaupunkt AM/FM stereo. – Paint coming off of the lug nuts. Engine bay is run but tidy. Two nicks in the front rubber rub strip. A few scratches in the front Porsche badge. Exterior plastic is a little dry. Very good paint. Newer upholstery and carpets. Dash and gauges are original but very good. Represented as matching numbers. Not a show car, but gorgeous and eye-catching enough to be proud of. Has received restoration work intermittently but has never been restored all at once. – This was the fourth car of the sale and first of 11 911s to cross the block at Bonhams this year, and there were dozens more 911s to choose from on the peninsula throughout the week. That may have diminished the appeal of this otherwise very good and usable car in desirable S specification. With Porsche 911 prices softening but still high, this can be considered something of a bargain, until the market turns.
2005 Porsche Carrera GT Coupe
Lot # 5 2005 Porsche Carrera GT Coupe; S/N WP0CA29835L001566; Silver/Terracotta leather; Estimate $600,000 – $750,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $580,000 plus commission of 10.00%; Final Price $638,000 – Carbon ceramic brakes with yellow calipers, wood shift knob, power windows, air conditioning, clear bra on the nose, tinted windows. – Like new inside, out and underneath. Just 2,200 miles and barely broken in. – This Carrera GT result is in line with other recent transactions for similarly low mileage all-but-showroom new examples, down from the nearly seven figures they brought in recent memory but still twice the price of just a few years ago.
1967 Maserati Mexico 4.7 Coupe
Lot # 7 1967 Maserati Mexico 4.7 Coupe; S/N AM1121162; Engine # AM1121162; Ruby metallic/Tan leather; Estimate $150,000 – $200,000; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $95,000 plus commission of 10.00%; Final Price $104,500 – Chrome spoke wire wheels, General tires, power windows, air conditioning. – Repainted assembled, even the windows were left in. Thin, shadowed window trim chrome, weak door handle chrome. Old undercoat in the wheelwells. Good, lightly stretched upholstery. Orderly, but not restored engine compartment. An auction Mexico. – Sounding better in the catalog than it turned out to be in person, the result it brought appropriately reflects the underlying appeal of the drivetrain ameliorated by the marginal attention it has received which leaves little confidence in the condition of things that can’t be seen readily. This is an appropriate price for a disappointing car.
1951 Allard J2 Roadster
Lot # 8 1951 Allard J2 Roadster; S/N 99J2121; BR Green/Tan leather; Estimate $325,000 – $375,000; Modified restoration, 2 condition; With Reserve; Not sold at Hammer bid of $280,000 – Ford 289/305hp engine, 4-speed, cycle front fenders, Bluemels steering wheel, dual Plexiglas windscreens (original full windshield with wipers included), Hurst shifter, Aeroquip brake lines, silver painted wire wheels, Dunlop tires. – Excellent cosmetics, new front and rear fenders and upholstery. Very lightly used, but not as it was built. Engine changed to a 289/225hp Ford from the original Ardun ohv Mercury flathead V-8 in the UK in the late 60’s, then upgraded to the present modified 289 Ford in 2011. – One of 82 known to survive of 94 built. It’ll be [a lot] faster now, a mixed blessing with the J2’s notorious handling quirks: fast in a straight line but tiptoe through corners. It was sold by Gooding at Amelia in 2013 for $330,000, a result that strains credulity. The seller’s expectations have been realistically reset with this result.
1967 Chevrolet Corvette Roadster
Lot # 9 1967 Chevrolet Corvette Roadster; S/N 194677S116376; Engine # 7116376V0404HT; Goodwood Green, Goodwood Green hardtop/Saddle vinyl; Beige vinyl top; Estimate $80,000 – $120,000; Older restoration, 2- condition; No Reserve; Hammered Sold at $62,000 plus commission of 10.00%; Final Price $68,200 – 327/350hp, 5-speed (original 4-speed included), side exhaust, alloy wheels, red line tires, AM-FM, two tops, power steering, (partial) build sheet documented. – NCRS judged, represented as the matching numbers engine. Quality paint, upholstery, trim and chrome. Scuffed windshield trim, thin vent window moldings. Orderly engine compartment shows some age and a few careful miles. Restored (almost) like new and still fresh and highly presentable. – This result is a hefty discount for the extra gear in the Tremec, especially when the original 4-speed comes along with it in a crate. These high output small blocks with 4-barrel carbs are a great value in performance compared with their big block counterparts; this one is an even better value.
1964 Porsche 356C 1600 Coupe, Body by Karmann
Lot # 12 1964 Porsche 356C 1600 Coupe, Body by Karmann; S/N 216729; Engine # 712046; Black/Red leatherette; Estimate $70,000 – $90,000; Recent restoration, 2- condition; No Reserve; Hammered Sold at $110,000 plus commission of 10.00%; Final Price $121,000 – 1582/75hp, steel wheels with hub caps, Cinturato tires, disc brakes, tool roll. – Lightly run, very clean engine bay. Lightly worn steering wheel. Otherwise excellent interior. Very good paint. Light rust on the screws for the headlight bezels. Represented as a matching numbers recent restoration finished earlier this year. Lightly used but nothing too big to pick on. – An honest Porsche driver’s car restored to good standards but with some unnerving oversights that were overlooked by the bidders on the way to this generous price.

Bonhams Quail Lodge 2016 – Auction Report Page Two

1967 Iso Grifo GL Coupe, Body by Bertone
Lot # 13 1967 Iso Grifo GL Coupe, Body by Bertone; S/N GL730147; Engine # 1028V0323HT; Argento Indianapolis/Black leather; Estimate $375,000 – $450,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $335,000 plus commission of 10.00%; Final Price $368,500 – 327/350hp, 5-speed, Borrani centerlock wire wheels, Michelin XWX tires, Moroso air cleaner, single Talbot Berlin wing mirror, woodrim steering wheel, power windows. – Once owned by Peter Monteverdi. Represented as matching numbers. Wheels are dirty and have some dings and scratches. Tires are old and the chrome is a little tired. There are a few very tiny chips on the nose but the finish of the paint is quite good. Original engine bay with some loose wiring. Lightly worn interior. Better than average driver condition cosmetically, but not by a lot and the picture under the hood doesn’t inspire confidence. ZF gearbox was removed in the 1990s and there is currently a Tremec 5-speed in its place. – This car was bought by Peter Monteverdi in 1979 and used by him until 1992, when it was sold by Christie’s for $33,350. While the car is a bit compromised by the incorrect gearbox, its originality and a famous former owner made up for it and commanded an appropriate price.
1934 Alvis Speed 20 SB Sports Tourer, Body by Cross & Ellis
Lot # 15 1934 Alvis Speed 20 SB Sports Tourer, Body by Cross & Ellis; S/N 11337; Engine # 11787; British Racing Green/Tan leather; Black cloth top; Estimate $150,000 – $200,000; Older restoration, 2 condition; With Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – Painted centerlock wire wheels, Goodrich Silvertown tires, single sidemount spare, leather hood strap, Lucas headlights and driving lights, radiator mascot, suicide doors in front, black cloth boot cover, wood dash. – Clean restored frame. Light scratch on top of the right marker light. Crack in left marker light lens. Very good paint and brightwork. Dull, faded original gauges. Lightly worn upholstery. Well restored, but not a concours car. It is casually showable, though, and great for events, and despite being a low-slung sporty automobile it has room in the back for kids or friends. One of 41 Cross & Ellis SB Tourers. – Sold at Gooding & Company Pebble Beach in 2013 for $170,500 and bought here showing the three subsequent years and some use for a very fair number for both the buyer and the seller.
1965 Porsche 911 Coupe
Lot # 18 1965 Porsche 911 Coupe; S/N 302003; Engine # 302003; Red/Black; Estimate $200,000 – $250,000; Visually maintained, largely original, 2- condition; With Reserve; Not sold at Hammer bid of $175,000 – 1991/130hp, 5-speed, steel wheels with hubcaps, Vredestein Sprint Classic tires, gold brightwork, woodrim steering wheel, radio delete. – Very good older repaint. Clean restored wheels. 911 badge on the tail doesn’t quite fit flush with the body. The vent on the engine cover is dull and has red overspray on it. Very good, lightly worn upholstery. Most of the interior is original and very good. Very clean original engine bay and underbody. Showing 56,351 believable miles. Received cosmetic attention when necessary, but underneath the car is largely original. – This is a very early 911 and inherently collectible, but it’s neither pristinely restored nor completely original. The reported high bid was a fair one in Porsche collectors’ current passion for early short wheelbase 911s and it could have been sold without regret at the reported high bid.
1981 Ferrari 308 GTSi Spider
Lot # 21 1981 Ferrari 308 GTSi Spider; S/N ZFFAA02A7B0037199; Engine # 01336; Red/Beige leather; Estimate $120,000 – $145,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 – Power windows, Borletti air conditioning, leather rim steering wheel, TRX tires, owner’s manual, pouch, keys, tools, jack. – 3,177 km from new with only two owners. Very clean and like new, in, out and under. Belt serviced 19 months ago – This is a serious premium for originality and preservation applied to a model that is enjoying a renewed interest among collectors. Is it expensive? Yes, it surely is, but to the bidders at Quail Lodge with its low miles, known history and remarkable preservation it must have been realistic and that’s what it takes to create a market. Had it been dirty and scrungy would it have brought more?
1974 DeTomaso Pantera GTS Coupe, Body by Ghia
Lot # 23 1974 DeTomaso Pantera GTS Coupe, Body by Ghia; S/N THGTPS07226; Fuscia, Black/Black vinyl; Estimate $100,000 – $130,000; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $92,500 plus commission of 10.00%; Final Price $101,750 – 351/266hp, 5-speed, riveted fender flares, Ghia badges, Campagnolo wheels, Dunlop G/T Qualifier tires, Ferrero steering wheel, Blaupunkt AM/FM stereo, power windows. – Dusty original engine bay. Pitted air cleaner. Sound wheels and older tires. Dull exterior plastic. Chip on right headlight door. Decent older repaint in the original colors. Very good original interior. Showing 27,707 miles, it needs a little TLC, but is not bad at all and appears to have been consistently maintained. Reportedly one of just 138 GTS models built for the US market. – A reasonable, largely original, Pantera bought for a fair price that reflects its performance, style and rarity.
2014 McLaren P1 Coupe
Lot # 24 2014 McLaren P1 Coupe; S/N SBM12ABA6EW000090; Orange, Black/Black; Estimate $1,900,000 – $2,100,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $1,900,000 plus commission of 10.00%; Final Price $2,090,000 – 903hp hybrid drivetrain based on a 3,799cc twin turbo V-8, 7-speed transaxle, carbon-ceramic disc brakes, active suspension, aerodynamics and braking. – Stated to be less than 1,200 miles from new and in impeccable condition. – P1s like this seemed to be running all over the Monterey Peninsula this week, frequently parked in downtown Monterey with their wings provocatively raised even while stationary and usually driven by Thirty-somethings probably straight from Silicon Valley. This is, apparently, what it takes to join the club with all the P1s seen at auction within a spread of $165,000 including commission. That’s barely rounding error and rare to see so many essentially identical cars selling within such a small spread in different venues even on the same weekend.
1964 Thomas Cheetah GT Coupe
Lot # 26 1964 Thomas Cheetah GT Coupe; S/N BTC003; Metallic Green/Black vinyl; Estimate $300,000 – $500,000; Competition restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $250,000 – 336/390hp fuel injection with modified plenum and dual top-mounted air meters, 4-speed, Hurst shifter, Torque Thrust style wheels, Goodyear Blue Streak slicks, Simpson belts, side outlet exhaust, long tube headers, drum brakes, includes an FI system manual, FIA HTP, wiring diagram and owners’ correspondence. – Sound repaint with some casual masking on the doors. Sound older upholstery, worn footwells and tubes on the floors. Very clean, orderly and professional engine compartment and chassis. Fitted with its original body after replacement with a leftover Thomas body in the early 90’s for vintage racing. Raced by Alan Green Chevrolet with mediocre results in period, prominently characterized by dnfs. – In reality no one, the writer included, gives a damn about anything but that this is a real, factory built, Bill Thomas Cheetah and that it is meticulously maintained and prepared in history race-ready condition. It is an artifact of visceral visual and performance appeal. Its value is diminished, however, by its appeal and the high quality replicas that it has produced. Reggie Jackson’s nephew will build you one (albeit with disc brakes and a more rigid frame) for half this price, a serious impediment to achieving the greatest value for originals. Under the circumstances the minimal difference between the reported high bid and the estimate is not significant.
1904 Mercedes-Simplex 28-32HP Rear Entrance Tonneau
Lot # 27 1904 Mercedes-Simplex 28-32HP Rear Entrance Tonneau; S/N 2406; Engine # 4309; Royal Blue, Red coachline/Red leather; Estimate $2,500,000 – $3,000,000; Older restoration, 3+ condition; With Reserve; Hammered Sold at $2,550,000 plus commission of 10.00%; Final Price $2,805,000 – RHD. B.R.C. bullseye acetylene headlights and kerosene sidelights, double chain drive. – Known history from new with a reproduction body in the early 80’s after years on farm service in the UK hauling pig swill and as a stationary power source. VCC dated and multiple LBVCR participant. Good paint, brass is good but needs to be polished. Good upholstery. Chassis shows age but is better than just serviceable. Runs strongly and drives very well. – Sold by Brooks in London in 1999 for GBP 265,500 ($427,192 at the time) when it was at least as good as it is today, a delightful, powerful, commodious vehicle of impeccable quality. This is one of the quick – but expensive – ways to get from London to Brighton on a nasty November day. And who says buyers of antique cars are dying off?

Bonhams Quail Lodge 2016 – Auction Report Page Three

1969 Alfa Romeo GT Junior Sprint Coupe
Lot # 28 1969 Alfa Romeo GT Junior Sprint Coupe; S/N AR1236035; Engine # AR0050208757; Blue/Saddle vinyl; Estimate $70,000 – $100,000; Modified restoration, 2- condition; No Reserve; Hammered Sold at $62,000 plus commission of 10.00%; Final Price $68,200 – Aftermarket woodrim steering wheel, dual ignition GTA head, 14-inch Campagnolo alloy wheels, Kumho tires, gear reduction starter, Italian Weber 45DCOE carbs, cold air box, headers, Autodelta camshafts, limited slip. – Fair repaint with minor orange peel under the windows. Good chrome and polished aluminum trim. Good upholstery. Orderly engine compartment and underbody. Even gaps and flush panel fits. Not correct but a joy to drive. Starts and runs well. – Usually modifications like this are shunned by collectors but this Alfa is so well and thoughtfully done it had the opposite effect and the bidders at Quail Lodge gave it a superior value for performance and style. It’s hard to argue with their preference for a performance enhanced 1600 over the original 1300.
1984 Peugeot 205 Turbo 16 Hatchback
Lot # 30 1984 Peugeot 205 Turbo 16 Hatchback; S/N VF3741R76E55100189; Gray, Red graphics/Black leather with Gray and Black cloth inserts; Estimate $200,000 – $300,000; Unrestored original, 3+ condition; With Reserve; Hammered Sold at $180,000 plus commission of 10.00%; Final Price $198,000 – Michelin TRX tires, Grundig digital cassette stereo, 4-wheel drive. – Leather seat bolsters are significantly worn. Dash is lightly aged but sound. Lots of small paint chips on the nose and a few chips out of the red accents. A few cracks and blemishes around the fiberglass clamshell engine cover. Lightly worn all around and showing 47,905 believable km. It’s got just enough wear and just enough mileage that you can enjoy it when you want and be perfectly happy to be seen in it. – Peugeot only built the 200 examples needed to homologate the T16 for Group B, and there can’t be more than a handful of them on this side of the Atlantic. While it was a less extreme design than some of its peers like the Lancia Delta S4 or Ford RS200, it was arguably the most successful car of the Group B era. This good but used example brought slightly under Bonhams’ reasonable presale estimate, which is lower than other Group B road cars have brought at auction lately and relatively good value for one of the hottest of hot hatches.
1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Scagliett
Lot # 33 1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 14203; Engine # B996; Giallo Dino/Black leather; Estimate $600,000 – $750,000; Older restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $520,000 – Borrani wire wheels, BFG Radial T/A tires, Ansa exhaust, Momo leather-wrapped steering wheel, power windows, air conditioning, Veglia dash clock, fire extinguisher. – Reportedly one of just 12 in this color. 2015 Copperstate 1000 participant. Recent mechanical refurbishment. Ansa stickers coming off. Lightly scratched window frames. Dirty wheels. A few noticeable chips right at the front of the nose. Big chip right below the passenger’s side door. Rubber bumper strips aren’t straight on the back. Lightly worn interior. Really an event car for driving, and there’s nothing wrong with that, but it’s quite a ways away from perfect. – There is no shortage of Daytonas for sale, both around the world and on the Monterey Peninsula this week (there were seven), and prices reflect the generous supply. The seller might have hoped for more for this flawed but honest example, but the bidders weren’t going to pay it and now the seller must continue to look for a buyer willing to accept the car’s age and use.
1931 Bugatti Type 51 Grand Prix
Lot # 36 1931 Bugatti Type 51 Grand Prix; S/N 51121; Engine # 2; Blue/Cream leather; No top; Estimate -; Competition car, original as-raced, 3 condition; With Reserve; Post block sale at $3,636,364 plus commission of 10.00%; Final Price $4,000,000 – RHD. Single aeroscreen, alloy wheels, Dunlop tires, single sidemount spare, radiator stoneguard. – First owned by Lord Howe, Francis Richard Henry Penn Curzon. Raced at Monaco just after delivery in 1931, then at the French GP. 4th overall at Monaco in 1932. Taruffi finished 2nd with it in the Mountain Championship at Brooklands in 1933 where it was also driven by Tazio Nuvolari. Resident in the U.S. with a single owner since 1983. Recently recommissioned to run and drive but not restored or prepared for competition or even road use. Body has been repainted; the rest, including the upholstery, is old, worn, oily and honest. Represented to be the original engine crankcase, chassis and rear axle with an appropriate gearbox and some body panels. – Fitted with the Harry Miller influenced twin cam head, with a long, documented history and expertly-inspected, this is one of the best Bugattis, with a single identity throughout its history. The Quail bidders decided it was worth this much. At just under $1.5 million less than the ex-Helle Nice single cam Type 35 brought two years ago it might even be something of a bargain although the Nuvolari connection is decidedly tenuous.
1951 Hudson Hornet Convertible Brougham
Lot # 37 1951 Hudson Hornet Convertible Brougham; S/N 7A12257; Newport Gray/Maroon leather; Estimate $140,000 – $180,000; Recent restoration, 1- condition; No Reserve; Hammered Sold at $175,000 plus commission of 10.00%; Final Price $192,500 308/160hp, Twin H-Power, Hydramatic Dual-Range transmission, wire wheels, Coker – Classic whitewalls, sun visor, hood ornament, spotlight, fender skirts, leather boot cover, factory radio, power windows, heater, dash clock. – Excellent paint and brightwork other than some light flaws in the headlight bezels and small chips and cracks at the back of the passenger’s side door. Interior is fantastic other than cracks in the steering wheel center cap. Fresh underbody. Well and fully restored to very high standards and loaded with desirable equipment. – A monumental price for a step-down Hudson, but in terms of body style, equipment and condition this is about as good as it gets and the chance to buy one this good is a rare opportunity.
1949 Alfa Romeo 6C 2500 Roadster
Lot # 41 1949 Alfa Romeo 6C 2500 Roadster; S/N P002; Engine # 700174; Red/Beige cloth; Estimate -; Competition restoration, 2- condition; No Reserve; Hammered Sold at $265,000 plus commission of 10.00%; Final Price $291,500 – RHD. Chrome spoke wire wheels, Dunlop tires, two-spoke aluminum steering wheel with wicker wrapped rim, Jaeger gauges, trafficators, fixed vee windshield. – Very good cosmetics freshly done. Clean, orderly engine compartment done to good touring standards. Very usable and distinctive. It was assembled by Luigi Plate’ in the late 40’s, possibly using a pre-war Alfa Romeo ‘alla spessa’ frame, a dry sump engine and Plate’s patented 360 degree hydraulic drum brakes. – This is a lot of history and performance even though the history is conflicted. The bidders realistically discounted it for uncertainty yet, with further research and more forensic evidence, it may prove to be more than just the sum of its parts. The potential is there but at the price the new owner can just enjoy it with little concern.
1949 Jaguar XK 120 Roadster Alloy
Lot # 42 1949 Jaguar XK 120 Roadster Alloy; S/N 670056; Engine # W1108-8; Silver/Red leather; Estimate $380,000 – $480,000; Older restoration, 1- condition; With Reserve; Hammered Sold at $360,000 plus commission of 10.00%; Final Price $396,000 – Alloy bodywork, hub caps, Avon tires, fender skirts, Lucas driving lights, JDHT certificate. – Represented as matching numbers. Very good chrome. Excellent, gorgeous paint. Light pitting on the windshield frame. Very clean and restored underneath. A fantastic car. Restored 10 years ago, but the quality of work is certainly holding up and any small flaws are easily forgiven considering the overall presentation and the kind of car that it is. One of just 240 alloy-bodies 120s and just 184 left-hand drive examples. – Sold at Christie’s Retromobile sale in 2006 for $235,918 following a restoration in France. The market for rare Jaguars has grown considerably since then and this example has since received a top notch concours-quality restoration. It got every bit what it deserved, which is well over twice what a standard XK 120 in similar condition could expect to bring.
1959 Alfa Romeo 1900C Super Sprint Coupe, Body by Ghia Aigle
Lot # 43 1959 Alfa Romeo 1900C Super Sprint Coupe, Body by Ghia Aigle; S/N AR1900C10439; Engine # AR130801385; Silver, Metallic Grey roof/Black vinyl; Estimate $150,000 – $180,000; Visually maintained, largely original, 3- condition; With Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – Nardi woodrim steering wheel, Carello headlights, Marchal fog lights, chrome spoke wire wheels, Michelin blackwall tires. – Good recent repaint, but that’s about all. Worn but sound old vinyl interior. Good rechromed bumpers, thin, flakey trim-chrome, aged gauges and interior chrome. Crazed plastic rear window. A disappointing cosmetic redo of a sound but tired car. – The Swiss Ghia Aigle coachwork is rare, but its squared off roofline is more suited to a small family hauler than a high performance chassis. The seller should be lighting candles at Bonhams’ shrine for getting this much for an undistinguished and superficially presented car.

Bonhams Quail Lodge 2016 – Auction Report Page Four

1955 Lancia Aurelia B24S Spider America, Body by Pinin Farina
Lot # 44 1955 Lancia Aurelia B24S Spider America, Body by Pinin Farina; S/N B24S1094; Engine # 1116; Red/Blue leather; Black cloth top; Estimate $1,200,000 – $1,500,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $1,275,000 plus commission of 10.00%; Final Price $1,402,500 – Single carburetor, floor shift, chrome spoke wire wheels, Michelin X blackwall tires, Carello headlights, original manuals, parts book, tools. – Represented as 62,824 miles from new, originally pastel green with green vinyl. Very good, paint, chrome and interior. Underbody is older, has good but old undercoat. A quality older restoration with attention to originality if not to the colors. – A B24S Spider America is a cool million dollars more than a comparable B24 Cabriolet, a difference to which this example attests. Go figure, but that’s what buyers say with their paddles.
1970 Alfa Romeo Giulia GTA Jr. Sprint Coupe, Body by Bertone
Lot # 49 1970 Alfa Romeo Giulia GTA Jr. Sprint Coupe, Body by Bertone; S/N AR775979; Red/Black vinyl, cloth inserts; Estimate $250,000 – $325,000; Competition restoration, 2- condition; With Reserve; Hammered Sold at $232,500 plus commission of 10.00%; Final Price $255,750 – 1290/180hp, 5-speed, woodrim steering wheel, OMP bolt in rollbar, Campagnolo alloy wheels, Dunlop tires. – Raced when new in Austria with period documentation. Very good paint and chrome. Neat interior and engine compartment. Clean and orderly. – Watch this space, because a GTA Jr. is still a potent racing car at an accessible price. It probably won’t be long before collectors catch on to the value; until then it’s a free ride in one of the best little high performance cars around that will put most of its contemporary competitors on the Porch when they find they can’t run with the little Big Dogs from Milano. This result is appropriate, but still not as good as the GTA Jr. Bonhams sold in Greenwich two months ago.
1957 Mercedes-Benz 300SL Roadster
Lot # 51 1957 Mercedes-Benz 300SL Roadster; S/N 1980427500251; Engine # 1989807500269; Anthracite Grey Metallic/Red leather; Black cloth top; Estimate $1,150,000 – $1,350,000; Recent restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $1,050,000 – Chrome rim Rudge-style wheels, Michelin blackwall tires, white steering wheel, US lights, pigskin luggage, factory build sheet, owner’s manuals, tool set, wheel hammer, workshop manual, parts book, brake manual, original keys. – Represented as the original matching numbers engine. Excellent paint, chrome and interior. Freshly restored and better than new. Engine compartment is freshly done with factory finishes and fittings. Better than new without being overdone. – The 300SL market is not what it was and the bid here was closer to appropriate than the seller’s expectations were.
1968 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina
Lot # 56 1968 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina; S/N 11781; Engine # 11781; Red/Black leather; Estimate $225,000 – $275,000; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $185,000 plus commission of 10.00%; Final Price $203,500 – Chrome spoke Borrani wire wheels, Michelin X tires, BeckerEuropa AM-FM, halogen headlights, power steering, power windows. – Originally Marrone Colorado (i.e., Brown) over Beige leather. Serviced in 2015. Chrome polished, repainted, reupholstered. Steam cleaned engine, old undercoat in the wheel wells. Not restored, but looked after to a reasonable extent appropriate to a Queen Mother. – Offered by Bonhams at Scottsdale in January with a reported bid of $215,000 which the seller probably now regrets not taking, or even the increment below it. It’s a usable family driver quality Ferrari with a large [sic] presence and this is a realistic price for it.
1988 Ferrari Testarossa Coupe, Body by Pininfarina
Lot # 58 1988 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSG17A5J0076213; Engine # 11132; Red/Biscuit leather, Brown accents; Estimate $140,000 – $180,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $118,000 plus commission of 10.00%; Final Price $129,800 – Air conditioning, mouse track belts. – Creaky door hinges, good tires, lightly worn and creased interior. Odometer shows 4,512 miles which is probably correct. – There is a plethora of Testarossas coming to market, an overhang of supply that weighed on this original and well-maintained example. The seller astutely took the money; the buyer got a better than usual but not exceptional value.
1988 BMW M5 Sedan
Lot # 59 1988 BMW M5 Sedan; S/N WBSDC930XJ2791970; Black/Beige leather; Estimate $50,000 – $75,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $44,000 plus commission of 10.00%; Final Price $48,400 – 5-speed, alloy wheels, Michelin Pilot Exalto tires, power windows, air conditioning, factory cassette stereo, sunroof, trunk spoiler. – Bumper and grille look brand new. Original paint is fantastic. Two small scratches on the front passenger’s side door. Rear plastic on the spoiler is lightly worn. Lightly worn front seats. Rear seats are essentially like new. Really good dash and gauges. Original but tidy underneath. Freshly detailed. Looks like a car with a fraction of the 84,186 miles that are showing. – The first generation M5 with its M1-derived engine was assembled by hand and only sold very briefly in the North American market. Now that the M5 is one of the world’s most recognized super sedans, the first generation model is already one of those modern classics that can be considered a full-blown collectible. The seller here was no doubt aiming to capitalize on the BMW centenary and the Bimmer fanfare going on throughout the rest of the peninsula, but it didn’t quite work out that way. Bidders were either discouraged by the high miles or there weren’t enough BMW fans in the room, so the car commanded little more than a decent price for an example in such well maintained condition and is a good value for the money.
2008 Lamborghini Murcielago Reventon Coupe
Lot # 60 2008 Lamborghini Murcielago Reventon Coupe; S/N ZHWBU77SX8LA03148; Matte Gray/Gray leather, Green suede; Estimate $1,200,000 – $1,600,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $1,020,000 – 6496/640hp, 6-speed, carbon trim on the wheel spokes and transmission tunnel, carbon fiber bodywork. – Like new and represented with 1,000 miles. – 20 of these Murcielago-derived cars were built, with a base price of around $1.6 million. Lamborghinis are typically as quick to depreciate as they are to do just about everything else, but for such a rare model like this the consignor was reasonable to expect a lot more.
1991 Porsche 911 Turbo Coupe
Lot # 62 1991 Porsche 911 Turbo Coupe; S/N WP0AA2963MS480579; Engine # 61M02579; Black/Black leather; Estimate $120,000 – $145,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $102,000 plus commission of 10.00%; Final Price $112,200 – 3.2/320hp, 5-speed, modular wheels, Bridgestone Potenza tires, sunroof, rear window wiper, whale tail, cross-drilled rotors, tinted windows, power windows, air conditioning, modern stereo with face plate. – A handful of tiny chips on the nose mar the otherwise well kept but not immaculate original paint. Taillight lenses are faded. Very good, lightly worn interior. Condition corresponds to the age and the 27,587 miles it is represented to have covered since it was new. – Like most of the no-reserve 911s this Turbo was had for a price that would have been huge two or three years ago but appears to be cheap given recent history. 911 enthusiasm has already peaked and an abundant supply flooding the Monterey auctions trying to get noticed – there were 94 1965-2000 Porsche 911 derivatives among the five auctions, enough supply to have a serious effect upon prices.

Bonhams Quail Lodge 2016 – Auction Report Page Five

1961 Maserati 3500GT Coupe, Body by Touring
Lot # 66 1961 Maserati 3500GT Coupe, Body by Touring; S/N AM1011754; Engine # AM1011754; Grigio/Red leather; Estimate $350,000 – $450,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $375,000 plus commission of 10.00%; Final Price $412,500 – 5-speed, chrome spoke Borrani wire wheels, Pirelli tires, triple Webers, Autovox stereo, Jaeger dash clock. – Immaculate freshly restored engine bay. Excellent paint, chrome and interior. Freshly done to high standards over an eight-year period and ready for a show field. – With Ferrari 250GT Pf Coupes close to if not above $1 million a 3500GT Maserati is an appealing alternative even at exalted prices like this full retail [and maybe a little more] price. It was a gorgeous car in attractive colors.
1990 BMW Z1 Convertible
Lot # 67 1990 BMW Z1 Convertible; S/N WBABA91000AL03134; Engine # 25236998; Toprot/Camouflage leather, Gray suede; Estimate $50,000 – $100,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $92,500 plus commission of 10.00%; Final Price $101,750 – Alloy wheels, Pirelli P700 tires, power doors and windows. – 38 km showing but not quite showroom condition. Very good original paint. The gray suede section of the seats is a little discolored. Other than that, though, it looks like a new car, although there’s no telling what kind of mechanical shape its in with such few km. A car for a collector and not a car to drive. – It wasn’t a world-conquering performer, but the Z1 was ahead of its time with its composite body and floor pan elements and disappearing power doors. It was also never officially imported to the U.S. and the vast majority sold in Germany, so the opportunity to buy any Z1, let alone one that’s never been driven, does not often come up. Those factors, combined with the centenary of BMW, combined to bring this car lots of attention during the preview and lots of bids when it crossed the block. It is a price that relies heavily upon both the timing and the originality, a ‘black swan’ event.
1994 Porsche 911 Turbo S Flachbau Coupe
Lot # 70 1994 Porsche 911 Turbo S Flachbau Coupe; S/N WP0AC2967RS480425; Engine # 61R00952; Guards Red/Cashmere leather; Estimate -; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $1,250,000 – 3.6/355hp, 5-speed, Speedline wheels, Michelin Pilot Super Sport tires, sunroof, rear window wiper, whale tail, carbon fiber dash, carbon/aluminum shift knob, factory cassette stereo, power windows, air conditioning, carbon fiber door handles and parking brake handle, tools, books, CofA, correspondence. – One of 76 Flachbau (flat nose) cars worldwide and 39 for the US market. Very good original paint. Lightly worn upholstery. Condition corresponds to the 2,318 miles. Very rare edition, displayed at Porsche to celebrate teh 25th anniversary of the ‘Porsche Exclusive’ program. In an inflated 911 market, special versions like this will be he ones that really hold value and continue to appreciate. – It can be difficult to set a price on such a rare special version of car, but Gooding sold a nearly identical car with even fewer miles on it for $1.1 million. In that context, this $1.25 million reported high bid could have been taken gladly.
1967 Jaguar XKE SI 4.2 Roadster
Lot # 74 ; S/N 1E14600; Engine # 7E52408; Opalescent Golden Sand/Black leather; Black cloth top; Estimate $290,000 – $320,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $200,000 plus commission of 10.00%; Final Price $220,000 – Chrome centerlock wire wheels, woodrim steering wheel, hardtop, 3.07 differential, modern radiator and electric fan, documented with JDHT Certificate and original sales invoice. – Engine bay is very clean and restored. Cylinder head is original to the car, but the block is not. Headlight bezels don’t quite fit flush. Restored in factory livery in 2015. Excellent paint. Very good chrome. Excellent top. Interior looks new. Delivered new to Diana Ross (yes, that Diana Ross), as indicated by a small plaque on the transmission tunnel and documents that come with the car. – It’s hard to keep track of the rapid escalation of XKE prices, particularly for the highly desirable Series I with 4.2 liter engine and synchromesh transmission. Even taking the replacement block into account this is still a very reasonable price.
1952 Muntz Jet Convertible
Lot # 76 1952 Muntz Jet Convertible; S/N M134; Light Yellow, Brown padded hardtop/Dark Brown leather with Yellow inserts; Brown top; Estimate $200,000 – $300,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – 336/154hp Lincoln V-8, automatic, brown steel wheels with wheel covers, whitewalls, fender skirts, Unity spotlights, bucket seats, console, radio, column shift, Stewart Warner gauges, padded dash. – Small paint chip at the front of the hood. Front bumper fit is erratic. Good paint and chrome. Uneven door gaps. Fender skirts fit unevenly. Very good quality paint and chrome. Excellent top. Excellent interior. Two long cracks in he right side of the windshield. Shown at Amelia Island in 2014. The flaws are significant, but the quality of the restoration is high. – The quality of panel fits on this Muntz is probably best described as ‘factory’; the original assembly quality was never very high. Guaranteed to start a conversation that will quickly focus on the car’s promoter, Earl ‘Mad Man’ Muntz, a character in the same vein as Preston Tucker and Powel Crosley. It is a little expensive, but no more than can be supported by the quality of the restoration.
1985 Ferrari 288 GTO Berlinetta
Lot # 77 1985 Ferrari 288 GTO Berlinetta; S/N ZFFPA16B000056651; Engine # F114B00203; Red/Black leather, Red cloth inserts; Estimate $1,800,000 – $2,200,000; Visually maintained, largely original, 2- condition; With Reserve; Hammered Sold at $1,920,000 plus commission of 10.00%; Final Price $2,112,000 – Air conditioning, power windows, modular alloy wheels, Bridgestone tires, SF shields, original CofO, owner’s manual, warranty card, factory invoice, gov’t paper. – Purchased by Eddie Regner at Maranello, federalized by Berlinetta Motorcars, driven sparingly then put away in the mid-90’s. Offered here by its original owner. The speedometer legend has been changed to miles, but the odometer is said to read in km. Very good paint except for some sags in the left rear fender vents that may have been repainted. Essentially unblemished original upholstery. Even the seatbelts have only the slightest fuzz along their edges. Fresh major service. – Such a pure 288 GTO is rare, let alone one used with such care and attention by someone who knew what he had and knew how to look after it. The bidders here at Quail Lodge recognized it, too, and paid a deserved premium price.
1913 Regal Model N Roadster
Lot # 78 1913 Regal Model N Roadster; S/N 4708; Black, Grey/Black leather; Black cloth top; Estimate $100,000 – $150,000; Older restoration, 3 condition; With Reserve; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000 – RHD. Warner speedometer, oval bolster tank, single right side spare, rear wheel contracting band brakes, folding windshield, electric head and sidelights, Clero horn. – Discovered in the 30’s by Bud Catlett, later curator of the Harrah’s Collection. Restored for the current owner in the early 00’s. Good older paint, nickel and upholstery. Restored years ago, driven, enjoyed and kept up in good, sound touring condition. – The owner noted, ‘In 1913 you could buy a Model T for $500, or this Regal Underslung for $900. If you parked at a street corner alongside a Model T, which car would attract the girls’ attention?’ His wife, busily polishing their gem before the sale, agreed. Rare, unusual and sporting, this is a sound 25hp (ALAM) roadster that needs no excuses, not even for its older restoration.
1977 Ferrari 308 GTS Spider
Lot # 82 1977 Ferrari 308 GTS Spider; S/N 23173; Engine # 00028; Silver, Black rocker panels/Black leather; Estimate $70,000 – $90,000; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000 – Blaupunkt cassette stereo, Borletti air conditioning, Cromodora alloy wheels, Michelin XWX tires, manuals, pouch, tool kit, jack. – Mediocre old black repaint crazed on the Targa bar. Good replaced upholstery. Some dead, cracked body seals. Clean but aged and unrestored engine. A sound but aged 308. – The condition is indifferent, but the price is nothing if not a bargain for a 308 GTS even with a service that is two years old. There is nothing overtly poor about this 308 GTS, only some things that could have been done better, or done at all. It almost deserves an originality premium except that its early history is not known.

Bonhams Quail Lodge 2016 – Auction Report Page Six

1967 Maserati Ghibli Coupe, Body by Ghia
Lot # 83 1967 Maserati Ghibli Coupe, Body by Ghia; S/N AM115532; Engine # AM115532; Black/Gray leather; Estimate $225,000 – $275,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000 – Alloy wheels, Yokohama tires, quadruple Webers, woodrim steering wheel, power windows, Blaupunkt AM/FM pushbutton radio with Pioneer speakers in the footwell. – Lightly used engine bay. Two sizable touched up scratches on the left front fenders. Wheel caps are pretty aged. Numerous light scratches on the rear window. Good older paint and brightwork. Very good, lightly worn interior other than a heavily worn shifter boot. Shrunken older weather stripping. Older restored condition underneath. Unknown history before 2000, when it was restored. – Sold at RM Arizona earlier this year for $192,500. Ghiblis are still a great value compared to a Ferrari Daytona, but even in the realm of 4.7-liter Ghiblis the Arizona result was a sound value, making this even lower price only a few months later a significant bargain. The Monterey Ghibli buyers must have been looking for the extra 12 cubic inches of the 4.9 liter.
1921 Stutz Bearcat Series K Roadster
Lot # 84 1921 Stutz Bearcat Series K Roadster; S/N 10555; Engine # 1557; Blue, Rust, Black fenders/Black leather; Black leatherette top; Estimate -; Unrestored original, 3- condition; With Reserve; Hammered Sold at $540,000 plus commission of 10.00%; Final Price $594,000 – RHD. Drum headlights, S&M spotlight, single rear spare on the rear deck, old Firestone tires. – All there, original and marvelous. Believed to be just 11,486 miles from new in the possession of the first owner’s property caretaker having never changed hands except by bequest to the caretaker then to ‘Chasing Classic Cars’ Wayne Carini. The original paint is worn off in areas but only lightly surface rusted underneath. The upholstery is ragged and recently reinforced. Offered with maps, a Boston Stutz agency bag and the original build tag. Runs like a train after being attended to by Evan Ide. Pebble Beach FIVA Award winner. Far from pristine, but far too significant and original ever to be ruined by a restoration. The essence of a survivor from a time when it should have been turned into a hot rod. – The Stutz Bearcat being one of the most revered of early American cars, there is no comparable find for years, not even the fabled sale of A.K. ‘Nutzy Stutzy’ Miller’s collection two decades ago. This isn’t the ultimate Bearcat, the founding model for the phrase ‘sports car’. That’s the earlier 4C, but this is close enough. It’s unique [at least until another one shows up] and worth what the Quail bidders chose to pay for it.
1967 Aston Martin DB6 Vantage Coupe
Lot # 85 1967 Aston Martin DB6 Vantage Coupe; S/N DB62974R; Engine # 4002989N; Silver/Black vinyl; Estimate $300,000 – $400,000; Cosmetic restoration, 2- condition; With Reserve; Hammered Sold at $310,000 plus commission of 10.00%; Final Price $341,000 – 4 liter/325hp, three dual choke Webers, chrome spoke centerlock wire wheels, Pirelli P4000 tires, electic power steering added, woodrim steering wheel, Becker Europa radio, 5-speed, radio, Smiths dash clock. – Clean, shiny wheels. Decent chrome with a small bubble in the right bumperette. Two small chips at the front of the hood. Small chips around the door edges. Doors don’t quite fit flush. Like-new upholstery. Original sold in Britain and finished in maroon. Later converted to left-hand drive, cosmetically restored and mechanically refurbished but largely original underneath. – The British describe these cars as ‘saloons’ which is less accurate than it is a transparent attempt to qualify them for preferred taxation when used as company cars. The DB6, however, is big enough to be a ‘saloon’. With the Vantage engine and 5-speed it also stands up to the title ‘gentleman’s express’. This one brought a realistic price.
1989 Porsche 911 Turbo 930 Slantnose Cabriolet
Lot # 86 1989 Porsche 911 Turbo 930 Slantnose Cabriolet; S/N WP0EB093XKS070402; White/Dark Blue leather; Dark Blue cloth top; Estimate $175,000 – $200,000; Unrestored original, 3+ condition; No Reserve; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000 – 3.3 liter/282hp, 5-speed, factory slantnose, white Fuchs wheels, Pirelli tires, snorkely brake light, whale tail, blue cloth boot cover, climate control, power windows, Modern Eclipse stereo. – Replacement engine, described as recently brought out of storage and recommissioned. Light scrape on the bottom front lip. Two touched up chips on the driver’s side mirror. Otherwise fantastic original paint. Seats have more wear than the 34,011 miles would predict but it’s not bad. Tidy underneath. A good car if you want a 930 cabriolet to actually use and enjoy. – Bonhams wasn’t unreasonable to estimate $175,000 on the low end for this car, especially considering that factory slantnose cars can command a premium of up to 30 percent, but 911 buyers were either spoiled for choice or more careful with their bidding. The buyer paid what would be a bargain price for even a standard car, so he essentially got the slantnose option thrown in for free.
Lot # 90 1989 Ferrari F40 Coupe, Body by Pininfarina; S/N ZFFGJ34B000079763; Rossa Corsa/Red cloth; Estimate $1,000,000 - $1,200,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $1,050,000 plus commission of 10.00%; Final Price $1,155,000 – Euro spec, sport seats, 6-point belts, modular wheels, owner’s manual, pouch, dealer directory, service book. – Preserved in a Japanese collection since the early 90’s. Clean and barely used but aged with only 4,476km from new. Last serviced in April 20-13 with 3,500km. Ferrari Classiche certification submitted. – F40s crossed the seven figure threshold about four years ago and have stabilized in low seven-figures ever since. This is a representative result.
Lot # 90 1989 Ferrari F40 Coupe, Body by Pininfarina; S/N ZFFGJ34B000079763; Rossa Corsa/Red cloth; Estimate $1,000,000 – $1,200,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $1,050,000 plus commission of 10.00%; Final Price $1,155,000 – Euro spec, sport seats, 6-point belts, modular wheels, owner’s manual, pouch, dealer directory, service book. – Preserved in a Japanese collection since the early 90’s. Clean and barely used but aged with only 4,476km from new. Last serviced in April 20-13 with 3,500km. Ferrari Classiche certification submitted. – F40s crossed the seven figure threshold about four years ago and have stabilized in low seven-figures ever since. This is a representative result.
1964 Pontiac Tempest Station Wagon
Lot # 92 1964 Pontiac Tempest Station Wagon; S/N 804F11173; Ivory/Red vinyl; Estimate $30,000 – $40,000; Recent restoration, 2- condition; No Reserve; Hammered Sold at $14,000 plus commission of 10.00%; Final Price $15,400 – 326/280hp, automatic, pushbutton radio, Vintage air conditioning, front disc brakes, larger sway bar, multi-core radiator, TH400 transmission, aluminum intake, 4-barrel, bench seat, hubcaps, red line tires, roof rack. – Very good paint, chrome and interior. Aluminum window molding has been polished out but still has scratches. Underbody is like new with fresh paint and no undercoat. Gauges are clear and crisp. Weak chrome on the roof rack. It is rare to see one at all, let alone done this well. – Herein is represented the risk of an off-the-radar car at a premium auction without reserve. Mecum sold it in Anaheim in November 2012 for $18,020, then Gooding passed it along at Scottsdale in 2015 for $26,400. It is unusually well done, not to mention rare, particularly in this condition. It found no lovers late in the going at Quail and brought a surprisingly low price for its rarity and condition. The consignor may have remorse but the buyer should rejoice in a crisp, unusual hauler that will complete a vintage racing equipe as a singular tow car, or just a weekend family ride for no money at all. It’s a bargain.
1959 Facel Vega HK500 Coupe
Lot # 93 1959 Facel Vega HK500 Coupe; S/N HKBC2; Engine # TY731567; Light Yellow/Burgundy leather; Estimate $175,000 – $225,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $140,000 – 383/355hp Chrysler Hemi engine, dual quads, automatic, Borrani wire wheels, Michelin X tires, hood scoop, Dunlop disc brakes, wood dash, power windows, Motorola radio. – Very clean engine bay. Several long scratches on the dull front bumper. Tired front badge. Long paint crack below the left headlight. Driver’s side door sticks out at the bottom. Window frames are dull and lightly scratched. Lightly scratched, dull rear bumper. Excellent interior. Clean underbody. Basic restoration done a while ago but its flaws detract little from the inherent beauty and coolness of these cars. A solid choice for driving events and long cruises. – Offered at RM’s London auction in September 2014 where the high bid was reported to be $217,904. Not surprisingly it didn’t sell here on a bid some $78,000 less.

Bonhams Quail Lodge 2016 – Auction Report Page Seven

2014 Ferrari LaFerrari Coupe
Lot # 95 2014 Ferrari LaFerrari Coupe; S/N ZFF76ZFA0E0206526; Rossa Corsa, Black roof/Red leather; Black Alcantara inserts; Estimate $3,600,000 – $4,200,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $3,350,000 plus commission of 10.00%; Final Price $3,685,000 – 6262/800hp, 963hp hybrid powertrain, 7-speed dual clutch paddle shift, chipguarded nose, carbon fiber interior trim, SF shields, factory warranty, no Ferrari restrictions. – 230 miles and like new. One of 120 U.S. spec LaFerraris built. – Accustomed to throttle blips and aggressive exhausts from Ferraris [of which not a few were here at Bonhams’ Quail Lodge auction], the LaFerrari is a new experience. It motored in from a test drive burbling quietly, stopped, then proceeded silently back to its preview location on full electric power. Even a golf cart makes its presence more apparent. Unlike a Tesla, it can be fueled at a Unocal station in a matter of minutes and will lap Laguna Seca on an FCA track day in a heartbeat [my old heart would probably have to be rebooted upon experiencing its performance.] This was the less expensive LaFerrari in Monterey … but the other one was Darth Vader Black. Market value? This is it in the absence of other results, about 2.5 times more than the $1.4 million it cost new if you had the standing to get one.
1957 Mercedes-Benz 190SL Convertible
Lot # 96 1957 Mercedes-Benz 190SL Convertible; S/N 1210407502449; Engine # 1219217502470; Ivory, Black hardtop/Black leather; Black top; Estimate $125,000 – $150,000; Cosmetic restoration, 3+ condition; No Reserve; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500 – Hub caps and trim rings, Coker Classic whitewalls, Becker Europa radio, black cloth tonneau cover, VDO dash clock, CA black plate, two tops. – Titled as a 1958. Left front trim ring doesn’t fit straight. Driver’s side door sticks out at the bottom. Lightly worn original steering wheel, dash and switchgear. Very good newer upholstery. Dull bumpers. Lightly pitted original brightwork. Decent re paint. Light scratches on windshield. Has gotten serious cosmetic attention during the past few years, but never fully restored. Far from the best 190SL out here, but not bad. – After a sharp rise, 190SL values have settled and this price for a solid driver is as appropriate as it was a year ago.
1953 Austin-Healey 100/4 BN1 Roadste
Lot # 97 1953 Austin-Healey 100/4 BN1 Roadster; S/N BN1L140217; Engine # 1B139055; Blue/Blue piped in White; Blue vinyl top; Estimate $70,000 – $90,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $57,000 plus commission of 10.00%; Final Price $62,700 – Painted centerlock wire wheels, Pirelli tires, banjo steering wheel, blue vinyl boot cover, overdrive, books, tool roll. – Boot cover is old and worn. Lightly pitted headlight bezels and the left headlight doesn’t fit as tight as the right one. Wheels could stand to be cleaned up. Worn steering wheel with a crack in the rim. Light chips and scratches right behind the driver’s side door. Otherwise sound older paint and chrome. Passenger’s side door doesn’t quite fit flush. Good upholstery. Worn shift knob. Restored underneath, but there are signs of use. It looks great even from just a short distance, but condition-wise it’s a very good driver. – Sold at Bonhams Greenwich last year for $57,200. Nothing major has happened in the Healey market since then, so this result is only down to a few extra bids.
1958 Dual-Ghia Hemi Convertible, Body by Ghia
Lot # 107 1958 Dual-Ghia Hemi Convertible, Body by Ghia; S/N 191; Eggplant/Red, Cream leather; Estimate $250,000 – $350,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $335,000 plus commission of 10.00%; Final Price $368,500 – 315/230hp Hemi, PowerFlite, dual antenna, wire wheels with spinner wheel covers, Goodyear whitewalls, power steering, power brakes, power windows, red leather boot cover, special delivery plaque on the dash, Benrus clock in the steering wheel. – Lightly run but tidy restored engine bay. Passenger’s side door doesn’t quite fit flush. Very good interior. Very good paint. Restored a while ago, but the work was quality and the car has been babied since. 107th of 117 built. – Sold by Auctions America at Ft. Lauderdale in March of last year for $225,500 and the interior has since been redone in red and cream leather that impressively plays off the Eggplant exterior. It had its desired effect on the bidders here, bringing a well over low estimate price that qualifies as expensive.
1936 MG NB Roadster, Body by Carbodies Ltd.
Lot # 109 1936 MG NB Roadster, Body by Carbodies Ltd.; S/N NA0933; Maroon, Red/Maroon leather; Black top; Estimate $75,000 – $100,000; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000 – RHD. 1271/56hp six-cylinder, silver painted Rudge centerlock wire wheels, Blockley tires, badge bar, full windshield plus Brooklands aero screens, rear-mounted spare wheel, black vinyl boot cover. – Excellent paint and brightwork. Very good interior. Spotless chassis. Represented as a recent restoration by marque experts in 2014, and was shown at Amelia Island shortly thereafter. Nothing to pick on. A rare, big prewar six-cylinder MG. – An unusual model MG at any time, but particularly so in the States, its 56hp single overhead cam six provides significantly more motivation that the smaller fours of the Midgets. That, along with its excellent condition and rarity, may account for the healthy price.
1983 Renault R5 Turbo 2 Hatchback
Lot # 111 1983 Renault R5 Turbo 2 Hatchback; S/N VF1822000D0000912; Engine # 2636; Electric Blue, Black graphics/Red leather; Estimate $70,000 – $90,000; Visually maintained, largely original, 2- condition; No Reserve; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000 – 1397/160hp, turbocharged four, 5-speed, Gotti alloy wheels (original wheels included), leather-wrapped Momo steering wheel, power windows, rear window wiper, air conditioning. – Very good older repaint. Numerous long cracks and chips in the painted gray trim on the roof. Newer seat upholstery. Good, lightly aged original dash and gauges. Showing 67,210 km. Very neat, rare and eye-catching bit of rally history. – The Turbo 2 used fewer alloy components and more standard Renault parts than the earlier cars. Renault also saw the mid-engine performance hatchback concept as a sales opportunity and built several thousand 5 Turbos rather than just the number required for homologation. They are therefore less valuable than their later Group B peers, but this car nevertheless attracted a lot of attention and brought a huge price that was 40 grand over the high estimate and would ordinarily buy you a more exotic Turbo 1.
1978 Porsche 911 Carrera Turbo Coupe
Lot # 114 1978 Porsche 911 Carrera Turbo Coupe; S/N 9308800266; Silver, Black graphics/Red leather; Estimate $140,000 – $180,000; Unrestored original, 3+ condition; No Reserve; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500 – Black Fuchs, Toyo tires in back, Falken tires up front, sunroof, rear window wiper, whale tail, power windows, air conditioning, Alpine CD stereo. – Turbo graphics are starting to come off at the edges all over. The original paint, on the other hand, is very good and there are only a handful of stone chips on the nose and a long scratch behind the radio antenna and six long scratches from the tracks on the sunroof to pick on. Remarkably well kept original interior that’s much better than the outside. California car from new and looks like it. Won’t win any trophies, but it’s good enough cosmetically at least to enjoy as-is, and with 66,260 miles from new, it can be driven regularly without remorse. – One of the last lots of the sale and sold at no reserve. The 911 buyers had either already had their pick by the time this car crossed the block or were looking for a car that wasn’t quite so heavily used, so the buyer picked up a perfectly good 930 for a price that would have been more appropriate in 2014 before the recent runup in Porsche prices.

[Source: Rick Carey]