2/7/2014 - Bonhams Paris Sets Record
Paris, France -- The Grand Palais Sale is one of the Bonhams's Blue Riband auctions and this week a 1929 Bugatti Type 35B sold for $2,200,000.
Photo: 1968 Ferrari 275GTB/4 Berlinetta that achieved a new world auction record for the model, $3,000,000.
Crowds flocked to the Grand Palais to witness many bidding battles, including one for the Grand Prix Bugatti previously owned by Jack Lemon Burton and Lady Mary Grosvenor. After a lengthy competition and applauded by the delighted audience, it eventually went to a buyer who traveled to Paris from the Far East.
Following the Bugatti onto the block, a 1968 Ferrari 275GTB/4 Berlinetta achieved a new world auction record for the model when it hammered for an astonishing $3 million.
A Ferrari Formula 1 Grand Prix single-seater sold for $656,000. Previously raced by Michele Alboreto throughout the 1984 season, it is one of the last Ferrari Formula 1 cars that can be raced and maintained without official "Ferrari Clienti" team support.
Demonstrating the popularity of the French marques, it took five minutes for a 1947 Delage D6 3.0-liter competition car to hit $1,495,000. One of just seven built, the beautifully restored racer went to a European buyer.
Aston Martins also proved popular. Auctioneer James Knight presided over a mammoth battle between European and American bidders for a rare left-hand drive 1962 DB4 Vantage GT coupe that went for more than double its estimate, $1,631,000. A 1965 Aston Martin DB5, of the same model as used in the James Bond film, "Goldfinger," also sold for $1,055,000.
Other fought-over lots included a narrow-body 1989 Porsche 911 Speedster and a barn-find Facel Vega II coupe.
With just one owner and less than 650km on the clock, the Porsche eventually sold for $422,000. The Facel Vega II had been kept in storage for 40 years, and brought to Paris from the U.S. to be sold. It went for an incredible $211,000.
Visit bonhams.com for auction schedules and information.