Classic car gallery in Gstaad 2017 - the soaring flight of the David Bowie Volvo
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Summary
For the first time, the Oldtimer Galerie Toffen pitched its tents in Gstaad to auction off 44 automobiles (including 1 tractor). It was an exclusive selection of vehicles, not all of which found a new owner in view of the high expectations. One car, however, exceeded all predictions: the Volvo 262C, once owned by the exceptional talent David Bowie, was sold for almost three times its estimate, a record value for a 262C. This auction report analyzes the results, provides information about the atmosphere on site and shows all the cars in pictures.
This article contains the following chapters
- The first time
- Black Star - Bowie Volvo clearly exceeds expectations
- Fabio Lamborghini's appearance
- Newer cars less in demand?
- One third sold under reserve
- Too little interest in the Aurelia triple
- A bang at the end
- Vehicles offered and sold
Estimated reading time: 6min
Preview (beginning of the article)
It was just beginning to snow when British auctioneer Peter Bainbridge, in the service of the Oldtimer Gallery, raised the hammer for the first time at 4 p.m. on December 29, 2017 in Gstaad to knock down an original poster of the 24 Hours of Le Mans from 1984. However, the automobilia was only a preliminary skirmish for the car auction, which then began at 17:00 in front of a large audience. 44 cars, including 1 Lamborghini tractor, were waiting to pass into new hands. They were estimated to be worth a total of around CHF 14.8 million (EUR 12.6 million), so each lot was expected to fetch over CHF 350,000.
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