[ octane ]
SEARCH  
   
 

News: Market News

 

Bonhams: Barnfind Bugatti leads the way

On the up down under

The 1926 Bugatti restoration project leads the way...

1926 Bugatti Type 38 at Bonhams Australia

1926 Bugatti Type 38 at Bonhams Australia

A PACKED saleroom in Sydney witnessed spirited bidding on a number of motor cars at Bonhams Collectors’ Motor Cars, Motorcycles and Automobilia auction which made a total of AUS$ 1,180,583.  

The highlight of the sale was the 1926 Bugatti Type 38 restoration project – completely dismantled, incomplete and lacking engine and body – which realised $ 110,400 (£68,000), some seven times its pre-sale auction estimate. Seven telephone bidders fought against six absentee bids and five people in the room with a northern hemisphere telephone bidder victorious.
 
And Britain had success on Australian soil with a 1925 Bentley 3-litre Speed Model VdP Tourer and an ultra rare right hand drive 1949 Jaguar XK120 Alloy roadster selling very well at $ 329,500 (£203,000) and $ 249,200 (£154,000) respectively. Over 75% of the lots offered in the Automobilia and Motor Car sale found new homes with buyers from the USA, UK, France bidding against the home market.
 
Robert Glover said, 'Given the strength of the Australian dollar against other world currencies we were pleasantly surprised by the level of overseas bidding at the sale. Whilst the Australians often won out, it clearly demonstrates the reach and importance of Bonhams global motoring network.'

Bookmark this post with:

 

0 Comment

Be the first to comment on this article

You need to register to post comments. Existing members can log in below to comment, otherwise click here to join.



 
  More NEWS
 

General News

 

Motor Sport News

 

Market News

 

New Car News

 

Event News

 

 

   
 

SPONSORED LINKS

EMAIL TO A FRIEND   PRINT THIS
 
 
 

SPONSORED LINKS

Two ways to read Octane