Bonhams London-Brighton Auction 2013 - valuable gems find new owners
Summary
On November 1, 2013, Bonhams also held an auction of such vehicles on the occasion of the annual "race" from London to Brighton, in which only cars built up to 1905 are allowed to participate. Buyers paid around EUR 167,000 or CHF 206,000 to own one of these rare early automobiles. This auction section shows the vehicles on offer and the results in detail.
This article contains the following chapters
- The right car
- Valuable Panhard Levassor from 1902
- Significantly above and below the estimate
- Results in detail
Estimated reading time: 3min
Preview (beginning of the article)
The " London to BrightonRace" is the longest-running motorsport event in the world. Back in 1896, cars drove the 87 km route from Hyde Park in London to the seaside resort of Brighton for the first time. The annual revivals are popular, with around 500 cars taking part in the prominent event. To take part, you must own a car that was built before 1905. Bonhams auctioned off a good dozen of these rare vehicles on November 1, 2013. The 13 original cars sold for an average of £ 141,525 (Euro 167,000 or CHF 205,845). The most expensive automobile at the auction was the Panhard Levassor 16 HP from 1902, which had been owned by one family since 1935. The first owner was Lord Llangattock of Hendre in Monmouthshire, the father of C. S. Rolls, who founded Rolls-Royce. The estimated price of £ 550,000 to £ 650,000 was narrowly achieved at £ 583,900 (Euro 689,002 or CHF 849,271).
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