AUCTIONS AMERICA - MODERN SUPERCARS LEAD AUCTIONS AMERICA’S $14.2 MILLION SANTA MONICA SALE

MODERN SUPERCARS LEAD AUCTIONS AMERICA’S $14.2 MILLION SANTA MONICA SALE

·         Auctions America generates $14.2 million in sales at annual Santa Monica collector car auction, June 25-26 in California

·         Top-sellers: 1995 Ferrari F50 achieves strong $1.95 million; 1988 Porsche 959 ‘Komfort’ realizes $1.25 million

·         Riverside International Automotive Museum Collection draws competitive bidding, with numerous lots exceeding estimate

·         Two-day event attracts bidders from 16 countries and 39 states across the United States

·         Auctions America continues its summer calendar of events with its flagship Auburn Fall Collector Car Weekend, August 31 – September 4 in Indiana

·         Complete list of Santa Monica results and upcoming event information available at www.auctionsamerica.com

CULVER CITY, California (June 27, 2016) – Large crowds and spirited bidding led to a strong $14.2 million in sales at Auctions America’s Santa Monica event on the weekend (June 25-26), as the Indiana-headquartered auction house continued to put its stamp on the competitive Southern California auction scene. In just three years, the Auctions America sale has emerged as a new highlight on the SoCal collector car calendar—a fact that was reaffirmed again this past weekend with a record number of bidders vying for the event’s 281 vehicles and select automobilia. Reflecting the broad appeal of the offering together with the company’s strong international reach, bidders hailed from 16 countries as well as 39 states across the U.S.

“We’re very pleased with both the results achieved and the strong attendance enjoyed at our Santa Monica sale on the weekend. The fact that bidder registrations increased almost 30 percent on last year, and 50 percent of bidders represented first-time clients to Auctions America, speaks to both the quality and diversity of this year’s offering, as well as our team’s extensive marketing efforts,” says Ian Kelleher, Managing Director, Auctions America’s West Coast Division.

“In addition to a packed sale room across both days, we welcomed a record volume of telephone bidders over the weekend, which triggered multiple spirited bidding contests. The response to the Riverside International Automotive Museum offering in particular was extremely positive, with numerous lots exceeding expectations. We look forward to continuing the momentum when the second part of the collection is offered by our sister company, RM Sotheby’s, in Monterey this August.”

Top sales honors of the weekend went to the event’s catalog cover car, a 1995 Ferrari F50, which roared onto the auction stage before a packed house during Saturday’s sale session. Sparkling under the auction lights, the Rossa Corsa F50—one of only 55 U.S.-specification examples built—achieved a strong $1,952,500 to claim not only the top sale of the weekend, but rank as the most valuable car sold in Auctions America’s history. Another modern supercar attracting strong interest during Saturday’s sale session was the highly original 1989 Porsche 959 ‘Komfort’; just two owners and 7,500 km from new, it passed on to its third owner for $1.25 million.

Sunday’s sale session was headlined by the presentation of select vehicles from Southern California’s renowned Riverside International Automotive Museum (RIAM). Founded by racing enthusiasts Ray and Doug Magnon in 2006, the museum was dedicated to preserving and displaying California’s rich motor sports heritage, as well as home to one of the largest and most comprehensive collections of Maserati road cars in the United States. Following Doug Magnon’s passing last year, some 34 vehicles from the collection were offered ‘without reserve’ at the Santa Monica sale. A definite highlight of the weekend, the collection spurred a number of highly competitive battles between collectors in the room and those on the phones, with strong results posted across all categories, including for the select project cars. The group was led by the 1994 Jaguar XJ 220, a substantially original example of Britain’s most iconic supercar, which garnered an above-estimate $357,500, while the limited-edition 2008 Alfa Romeo 8C Competizione, showing just 3,300 miles, also exceeded expectations at $319,000. Among other notable sales, the well-optioned 2006 Ford GT, finished in metallic grey and only 1,900 miles from new, garnered $305,250, while the 1967 Maserati Mistral 4000 Coupe, one of 14 Maseratis presented from the collection, achieved $181,500 against a pre-sale estimate of $110,000 - $140,000.

Auctions America’s 2016 Santa Monica Top Five Sales:

1.        Lot 1085: 1995 Ferrari F50 - $1,952,500

2.        Lot 1100:  1988 Porsche 959 'Komfort' -  $1,250,000

3.        Lot 2080:  1972 Ferrari 365 GTB/4 Daytona -  $600,000

4.        Lot 2070:  1940 Packard Royal Streamliner Roadster -  $412,500

5.        Lot 2072:  2005 Ferrari 575M Superamerica -  $385,000

Auctions America continues its summer calendar of events with its annual Auburn Fall Collector Car Weekend, August 31 – September 4 at the historic Auburn Auction Park in Indiana. A Labor Day tradition spanning over 45 years, the multi-day event will lift the gavel on some 900 collector cars and assorted automobilia. For further information or to discuss consignment opportunities, please visit www.auctionsamerica.com or call 877.906.2437 (or +1 260.927.9797 outside North America).

Full results from Auctions America’s Santa Monica sale are available online at www.auctionsamerica.com.

*Results are listed in USD, are inclusive of 10 percent buyer’s premium for automobiles and 15 percent for all other lots, and include post-auction private sales.

Incredible Porsche 924 Carrera GTR joins the Silverstone Classic Sale

View Lot List Incredible Porsche 924 Carrera GTR joins the Silverstone Classic Sale In addition to our classic road car sale on 30th and 31st July, an incredible, one owner from new Porsche 924 GTR, with just 109 kilometres on the clock, will headline the Competition Car Sale at the Silverstone Classic on 28th July. Not just any Porsche 924, this ‘ultimate’ version, a 1981 Carrera GTR, has an incredible story to tell and is by far and away the most original and untouched example of any Porsche Silverstone Auctions has ever seen.   This very rare 924 Carrera GTR was delivered new to Japan in 1981 by Porsche Importer Garage Italya, one of only two cars delivered to the country. In 1983, after being stored for two years, it was purchased by a Japanese businessman and classic car enthusiast who added it to his private collection. Uniquely this factory built Porsche race car was only enjoyed a handful of times on the track at Suzuka and the Fuji Speedway. On each occasion, the fastidious Japanese owner made a record of the distance travelled at each track day. According to his records, the car covered just 109 kilometres in the first seven years of ownership, after which the 924 was carefully tucked away in his two-storey garage, with his prized Porsche racer safely in the first-floor attic space accessible by a car lift. Hidden away in storage for more than 30 years, but regularly serviced and maintained by Porsche specialists, the car is now in the UK and offered for public sale at the world’s biggest classic motor racing festival. It is presented today exactly as the factory built it, perhaps the most original Porsche factory race car in the world? Its authenticity is without doubt and the details even go even down to the initials on the engine management box signed by Porsche factory race technicians. Just 17 examples of the 924 Carrera GTR were made available to private customers at a cost of $75,000. Features include the intercooler relocated to the front and the car,a fully integrated roll cage, fully adjustable suspension and four-piston 935 brake callipers squeezing 31cm discs.The engine was a highly modified version of the 2.0l motor used in all 924s, featuring dry sump lubrication, which helped it produce 375bhp. Weighing just 930 kilos, the GTR was good for 180mph and 0-60mph took 4.7 seconds. It’s the 40th anniversary of the Porsche 924 this year and we’re delighted that we’re able to offer what is surely the best available example of Porsche’s ultimate and rare incarnation of the model. Estimate (£): 475,000 - 575,000 Read More Consign your road or race car into the Silverstone Classic Sale We're now inviting both classic road and race car entries into our sales at the Silverstone Classic. As one of the most prestigious events of the automotive calendar this is the perfect event and location to sell your race car or classic car, so if you’re thinking about selling, please get in touch with our team soon.

Submit a race car Submit a road car

FORTHCOMING AUCTIONS Silverstone Classic Competition Car Sale 28th July 2016 The Silverstone Classic Sale 2016 30th & 31st July 2016 The Salon Privé Sale 2016 2nd & 3rd September 2016 The Porsche Sale 2016 15th October 2016 NEC Classic Motor Show Sale 12th & 13th November 2016

THE LATE SUMMER AUCTION - HISTORICS 20/08/16

THE LATE SUMMER AUCTION  Saturday 20th August 2016 Brooklands Museum

Following on from the success of our June auction with our highest sale rate to date at over 75%, we are now consigning entries for our August sale at the Brooklands Museum. ENTRIES ARE NOW INVITED

1963 Porsche 356B Coupé           Library image Estimate: £75,000-£85,000 2004 Mercedes-Benz CL 56 AMG  Estimate: £10,000-£15,000

2002 Mini Cooper S,  Ex-Madonna Estimate: £8,000-£12,000 1993 Ferrari 512 TR                  Library image Estimate: £80,000-£110,000

1978 MV Agusta Magni 861 Estimate: £55,000-£65,000 1970 MGB GT Estimate: No reserve

2000 Nissan Skyline GT R V-Spec  Estimate: £33,000-£39,000 1994 Mercedes-Benz E320 Coupé Estimate: No reserve

For a free valuation or advice, please contact one of our specialist  on +44 (0) 1753 639 170 or auctions@historics.co.uk

ASTON MARTIN WITH A TROUBLED PAST BECOMES BONHAMS TOP SELLER AT GOODWOOD FESTIVAL

ASTON MARTIN WITH A TROUBLED PAST BECOMES

BONHAMS TOP SELLER AT GOODWOOD FESTIVAL

 

 

 

The incredibly rare 1949 Aston Martin DB Team Car, registered ‘UMC 65’, was left in a garden for decades before being stolen some 14 years ago. Now, finally returned to its rightful owners, it has sold at Bonhams Festival of Speed Sale for £679,100.

 

Taken in 2002, this 1949 Le Mans 24-Hour race veteran was recovered by police more than a decade later. Its original owners then decided to enter it into Bonhams Goodwood auction.

 

James Knight, Bonhams International Group Motoring Director, said: “This ex-works Le Mans Aston Martin is the ultimate ‘barn find’. Despite its neglected condition, connoisseurs of truly historic racing cars regard it as a truly historic time machine. Its wonderfully original patina, reminiscent of the days when it raced at both Le Mans and in the Spa 24-Hours, explain this special appeal. We are delighted that after such a troubled past, the car has achieved such a wonderful price for the family.”

 

The Bonhams sale offered the best of British, with Aston Martin, Bentley and Jaguar leading the lots. Adding some extra colour and excitement to the auction was the very first pop art Bentley, designed by celebrated artist, Sir Peter Blake.

 

 

 

 

Bentley commissioned Sir Peter to deliver the world's first pop art Bentley, drawing on inspiration from the acclaimed artist's celebrated career at the forefront of the renowned British pop art movement. Bentley has donated the car to the Care2Save Charitable Trust, which provides palliative and hospice care around the world.

Possibly the most striking feature of Sir Peter's bold vision – instantly recognizable as a Sir Peter trademark - is a St James Red heart motif hand painted onto a Continental Yellow bonnet, a symbol in keeping with the compassionate work of hospices. The one-of-a-kind motor car sold to a bidder in the room for £250,000

 

Elsewhere some eighties muscle sold well with the 1981 BMW M1 Coupé. The M1 coupled Italian style with German engineering, as its development was a cooperative effort with top Italian specialists. The M1's wedge-shaped coachwork proved highly efficient aerodynamically, needing very little in the way of additional spoilers and wings, even in race configuration. The M1 sold to a bidder in the room for £303,900.

 

Further successes of the day include the 1938 Jaguar SS100 3½-Litre Roadster, which soared above its £180,000-250,000 estimate to achieve £337,500; the 1972 Ferrari Dino 246 GT Berlinetta, sold for £281,500; and modern classic 1996 Porsche 993 911 RS Clubsport Coupé sold for £281,500.

 

Valuable specialist registration numbers also featured in Bonhams sale, with ‘T6’, the third vehicle registration number ever issued in Devon, sold for £163,900, and the rather cheeky

‘FU 2’, sold for £152,700.

 

Bonhams motoring department next head to California for the Quail Lodge Sale, taking place on 19 August. For further information on Bonhams motoring department visit: https://www.bonhams.com/departments/MOT-CAR/

BARRETT JACKSON - First Gavel of the Northeast Auction Falls Today!

BARRETT JACKSON -23/25 JUNE