Bonhams Bond Street Auction 2018 - increased bidder caution ahead of Brexit?
Summary
On December 1, 2018, Bonhams hosted an exclusive auction at its elegant headquarters at 101 New Bond Street, as it does every year. On offer were 29 classic cars worth around £21 million. Although the bidders were very interested, only a third of the cars were sold. No Ferrari found a new owner. The most expensive car at the auction was a BMW 507 for £ 2.4 million (EUR 2.7 million, CHF 3 million). This auction report analyzes the results and shows the cars in pictures.
This article contains the following chapters
- British dominance on offer
- The Maharaja's Vauxhall flying high
- Lack of favorable bidding for valuable racing cars from the island of
- Three out of nine Aston Martin cars sold
- Superfast, but not super in demand
- Successful - BMW 507 and an open-top goddess
Estimated reading time: 4min
Preview (beginning of the article)
On December 1, 2018, Bonhams once again held an exclusive end-of-year auction at its prestigious headquarters at 101 New Bond Street. On offer were 29 classics worth around £21 million. However, British buyers were reluctant to buy, with only around a third of the vehicles being sold, although acceptable bids were received for the others. Around two thirds of the vehicles came from Great Britain, with 9 Aston Martin, 6 Jaguar and one Lagonda, one Lister, two Rolls-Royce and one Vauxhall as well as a Cooper-Chevrolet from the island going under the hammer. 5 Ferraris (including a Dino), a Citroën, an Arnolt-Bristol (half British) and a BMW 507 completed the list.
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