2/23/2013 - Bonhams' Boca Raton Auction a Success
Brisk bidding and strong prices make for a $3.75 million auction with 85% sold and several records achieved
Boca Raton, FL - Bonhams hit a home run today at its inaugural motorcar auction held in conjunction with the Boca Raton Concours dElegance on the grounds of the luxurious, seaside Boca Raton Resort & Club north of Miami.
A variety of American and European motorcars, along with several contemporary models, attracted a full house of on-site bidders and numerous telephone, absentee and live online bidders. With participation from around the world, and buyers from as far afield as mainland Europe and the Middle East, the competition was brisk, particularly on the most desirable offerings.
The former Mrs. E.L. Cord 1930 Duesenberg Model J Torpedo Phaeton stayed in the U.S., realizing $698,500 after spirited bidding.
$390,500 was the price achieved for the original Plexi nose, European-delivered 1970 Ferrari 365 GTB/4 Daytona Spyder Conversion, while the 1963 Rolls-Royce Silver Cloud III, later adapted to Drophead Coupe guise, sold for $264,000.
An immaculate, concours condition 1962 Jaguar E-Type Series I 3.8-liter Coupe was deservedly bought for $165,000 by an East Coast enthusiast and the 1965 Alfa Romeo Giulia Sprint Speciale made $143,000.
Says Rupert Banner, Bonhams VP of Business Development in New York, "This was a busy, successful and fun debut auction, supported by a large local crowd. It delivered results beyond our expectations including a handful of records and continues an already strong 2013 season for Bonhams U.S. Motoring department."
Bonhams' next U.S. motoring auctions take place in Greenwich, Connecticut in June and Carmel, California in August. For more information on either of these upcoming sales, visit bonhams.com/motorcars.
For a full list of sales results for the Boca Raton Concours dElegance Auction, please go to bonhams.com/boca.