Bonhams Milano Auction 2022 - Italian restraint?
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Summary
53 cars, 7 motorcycles and some automobilia were auctioned by Bonhams on November 18, 2022 on the occasion of the Milano Autoclassica classic car fair in Milan. The offer was strongly Italian, but the bidders did not really bite. Only 32% of the vehicles found a new owner, even though the average highest bid was 73% of the median estimate. Only seven percent of the vehicles were offered without a limit. This auction review analyzes the results and shows the cars in pictures.
This article contains the following chapters
- Quite an Italian affair
- Expectations too high?
- Trophies were left standing
- Alfa Romeo and Lancia generally performed poorly
- Valuable BMW M3
- Modern Superleggera coupé not sold
Estimated reading time: 3min
Preview (beginning of the article)
On the occasion of the Milano Autoclassica, Bonhams auctioned 53 cars, 7 motorcycles and some automobilia with a combined value of around EUR 9.5 million in Hall 7 on November 18, 2022 from 16:00. Each vehicle was expected to fetch around EUR 157,000. Four vehicles were offered without a reserve price. 80 percent of the vehicles on offer were of Italian origin, so the famous brands Alfa Romeo (16 cars), Lancia (6), Ferrari (6), Fiat (5) and Lamborghini (3) were particularly well represented. Brands from other countries were only represented in small numbers, with two BMWs, Jaguar and Porsche on offer.
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