Tag Archives: Bonhams

OM Superba 665

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1930 OM 665 SS MM Superba Tourer by Carrozzeria Sport

Offered by Bonhams | Goodwood, U.K. | September 13, 2014

Photo - Bonhams

Photo – Bonhams

Officine Meccaniche (OM) was founded in 1899 as a merger of two existing companies. Based in Milan, their business was railway stock. But in 1918, they opened up an automotive branch in Brescia after acquiring car manufacturer Brixia-Zust.

OM built four-cylinder cars until 1923 when they introduced their six-cylinder 665 model. It was called “Superba” because it was as fine an example of mechanical excellence as you could get. Over the years, a number of models were built, but things got more serious in 1928 upon the debut of the Type S Mille Miglia. In 1929, a supercharger was added, and the SS MM was born. It’s a 2.3-liter straight-six and power isn’t listed, but I’d bet that this car moves.

The first outing for chassis #1095 (this car) was the 1930 Mille Miglia. Here’s some quick competitive highlights:

  • 1930 Mille Miglia – 5th, 1st in class (with Aldo Bassi and Carlo Gazzabini)
  • 1930 Targa Florio – 6th (with Nando Minoia)

Participation in those two races alone guarantees a car legendary status, finishing in the top 10 in both is an even greater accomplishment. After the Targa Florio, this car went to Milan where it had this four-seater body attached, making it eligible to compete in races in the U.K. and Ireland.

This car was rediscovered in England in 1950 and the man who bought it in 1966 owned it for over 30 years. The current owner has had it for about five. A class winner in the Mille Miglia is a big deal, and the price reflects it: $1,300,000-$1,600,000. Click here for more info and here for more from this sale.

Update: Sold $2,038,669.

Abarth 2000 Sport Prototipo SE010

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1969 Abarth 2000 Sport Spider SE010 Prototipo

Offered by Bonhams | Goodwood, U.K. | September 13, 2014

Photo - Bonhams

Photo – Bonhams

Carlo Abarth founded his company in 1949. Originally a race team, they soon turned their attention to tuning Fiats. Racing was always the love of Abarth so long as Carlo was in charge (instead of a trim line on modern Fiats).

They never lost their racing roots, as this car attests. The 2000 Sport Prototipo was introduced in 1968. This car is part of the later SE010 series with its signature four headlights (or “Quattro Fari“). The engine is a 2.0-liter straight-four making around 250 horsepower.

This car was used in hillclimbs in Italy when new, winning many that it entered. It was later acquired by Fabrizio Violati and has been in his Maranello Rosso collection for years. This is chassis #40 of what is believed to be around 50 built total. They don’t come up for sale often and this one is in very nice condition, even if it will require a thorough re-freshening after having been on display for many years. It should sell for between $330,000-$410,000. Click here for more info and here for more from this sale.

Update: Sold $302,415.

1913 Minerva Tourer

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1913 Minerva Type DD 14HP Victoria Tourer by Cann & Co

Offered by Bonhams | Beaulieu, U.K. | September 6, 2014

Photo - Bonhams

Photo – Bonhams

Minerva built very nice luxury automobiles between 1902 and 1938, with production of other vehicles picking up after the war and continuing until 1956. Their cars of the 1930s are right up there with Packards and Rolls-Royces and the like, except they were from Belgium. In fact, the Minerva dealer in London in the early years was Charles Rolls (who would become half of Rolls-Royce).

Minerva offered a range of vehicles in 1913. The Type DD uses a 2.1-liter straight-four making 14 horsepower. Minerva cars from 1910 used Knight sleeve-valve engines, this car included. The body is said to be by Cann & Company of London as it wears that company’s tag on the body.

But the history of this car says it was discovered in Australia in 1962 and taken to California. The Australians said the body was local and the rear half of the body had been removed and replaced with a pickup-like rear end. A Minerva Ute. But it has been restored to what it should have looked like in 1913. It is road-ready and should sell for between $67,000-$100,000. Click here for more info and here for the rest of Bonhams’ auction lineup.

Update: Sold $66,726.

Swift Cyclecar

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1913 Swift 7HP Twin-Cylinder Two-Seater Cyclecar

Offered by Bonhams | Beaulieu, U.K. | September 6, 2014

Photo - Bonhams

Photo – Bonhams

The Swift Motor Co Ltd. of Coventry began as a sewing machine manufacturer. They turned to cars in 1900 and their specialty was those of the small variety. Swift were among the pioneers of the cyclecar movement that swept the world (most of Europe and the U.S.) between 1910 and the 1920s.

The twin-cylinder cyclecar was introduced by Swift in 1912 (replacing a single-cylinder model). The engine is a 972cc twin making seven horsepower. The car is tiny, light, and will seat two. I quite like the looks of it.

This car has been known in the collector world since 1959 and was used regularly up until 1968 before it became more of a static showpiece. The interior is mighty old if not original – same for the engine. It is a driver and the body and brass are in great shape. It should sell for between $23,000-$27,000. Click here for more info and here for more from this sale.

Update: Sold $33,826.

1913 Unic Taxi

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1913 Unic Type C9 Landaulette Taxicab

Offered by Bonhams | Beaulieu, U.K. | September 6, 2014

Photo - Bonhams

Photo – Bonhams

Unic was founded in France in 1905 by Georges Richard (formerly of Georges Richard and later, Brasier) and in 1938 they shifted their concentration from automobiles to commercial vehicles. In the 1950s, Unic became part of Simca and a few years later, was acquired by Saurer. Fiat became the major shareholder in 1966. Unic was one of the firms amalgamated into IVECO in 1975.

Unic sold passenger cars in a range of models and power outputs. The Type C9 was new for 1913 and it is powered by a straight-four making 12/14-horsepower. It was extremely popular among taxi companies and the United Motor Cab Company of London ordered this one.

It is thought that this taxi left service and immediately was transported to the U.S. as a collectors item. It was mechanically sorted in 2010 and ran well, although it might need some additional work to get it roadworthy today. These were very popular European taxis shortly after the turn of the century and it would be a very cool ride today. It should sell for between $47,000-$54,000. click here for more info and here for more from this sale.

Update: Sold $44,484.

August 2014 Auction Recap

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August was a record-setting month for the classic car industry. The first sale of the month was Auctions America’s California sale where this 1960 Mercedes-Benz 300SL Roadster topped the numbers at $1,155,000.

Photo - Auctions America

Photo – Auctions America

Our featured Chrysler Plainsman sold for an impressive $176,000. You can check out full results here.

We didn’t feature anything from Barrett-Jackson’s Reno sale, and frankly I don’t have the time to sift through their site looking for highlights as the process there is just too clunky. So we’ll move on.

Auctions in August of course means Monterey and Pebble Beach. We’ll start with the star of the weekend: Bonhams and their Ferrari 250 GTO which ended up bringing $38,115,000, an all-time record price for any car at auction. It’s an appropriate price for the car, and not the stratospheric number many predicted. It’s a good sign. We featured a number of cars from Bonhams, including this Kissel Kar, which sold for $140,800. The other Ferrari we featured, the 1978 321 T3 F1 car sold for $2,310,000. And the other F1 car, the Brabham-Cosworth, sold for $1,034,000.

Our featured Porsche 908/03 failed to sell. Our pick for the most interesting non-feature car that sold goes to this 1913 Pope-Hartford Model 31 Portola Roadster for $192,500.

Photo - Bonhams

Photo – Bonhams

Our other feature cars both sold: the Speedwell brought $869,000 and the 1908 Napier $1,034,000. Check out full results here. Next up, Mecum in Monterey, where this 1961 Ferrari 250 Series II Cabriolet was the top seller for $2,250,000.

Photo - Mecum

Photo – Mecum

None of our feature cars broke the million dollar mark, although the Kremer-Porsche was close at $930,000. A Duesenberg we featured a long time ago and failed to sell a couple of times before, finally sold here for $1,425,000. The Shelby Turbine car failed to sell, as did the Lester-MG.

Two cars we featured a long time ago that failed to sell also turned up at this sale and failed to sell again. They were the Delage Aerosport and a 1910 Locomobile. The Avia III race car we featured from a dealership was offered here, but it too failed to meet its reserve. The one-off Lazzarrino did sell, for $135,000. Check out full results here.

RM’s Monterey sale was just as impressive as Bonhams. The top seller was the #2 of the weekend, the 1964 Ferrari 275 GTB/C Speciale, at $26,400,000. The Ferrari 250 GT N.A.R.T. Spider brought $1,017,500. The Ferrari F1-2000 sold for $1,804,000. But the Ferrari 333 failed to sell, as did the March-Cosworth. The AAR Eagle-Santa Ana sold for $104,500. What a choppy paragraph.

Cool, non-feature cars were topped by this 1962 Maserati 3500 GT Spyder by Vignale for $764,500. RM also sold the prototype of this model for considerably more, making this seem like a deal.

Photo - RM Auctions

Photo – RM Auctions

The Ford GT40 Roadster Prototype brought $6,930,000 and the Lancia PF200 C sold for $1,100,000. This 1965 Shelby Mustang GT350 Paxton Prototype was a car I wanted to feature but didn’t get a chance to. It sold for $572,000.

Photo - RM Auctions

Photo – RM Auctions

Our other three feature cars were all much older. The amazing 1926 Rickenbacker sold for $946,000. The Stevens-Duryea went for $302,500 and the 1911 Mercer Raceabout, $2,530,000. Check out full results here.

Next up, Gooding & Company: $15,180,000 took home this top-selling 1961 Ferrari 250 GT SWB California Spider.

Photo - Gooding & Company

Photo – Gooding & Company

Our top feature car was the Maserati 250F for $4,620,000 and the Alfa Tipo 256 was right behind it at an even $4,000,000. Our featured Duesenberg and Ferrari 330 GT Speciale both failed to meet their reserves. The AAR-Toyota Eagle GTP brought $1,045,000. Check out full results here.

Last but not least on the Monterey peninsula, Russo & Steele. Our only feature car was the Lola-Mazda from the 80s – it brought $132,000. The top sale was this 1956 Mercedes-Benz 300SL for $1,320,000. Check out full results here.

Photo - Russo & Steele

Photo – Russo & Steele

Porsche 908/03 Spyder

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 1970 Porsche 908/03 Spyder

Offered by Bonhams | Carmel, California | August 15-17, 2014

Photo - Bonhams

Photo – Bonhams

The Porsche 908 was their prototype racer from 1968 through 1971. It replaced the 907 and preceded the 936. It’s basically a little wedge with two Batmobile-like fins out back. The engine is a 3.0-liter flat-eight making about 370 horsepower. It could top out around 180 mph. The /03 was the third evolution of the 908 and was made for 1970 and 1971 only. This car was never raced, instead used for extensive testing by the Porsche factory team. It is one of 13 908/03s built. This car, chassis #002, should sell for between $1,800,000-$2,300,000. Click here for more info.

Update: Not sold.

Brabham BT33

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1970 Brabham-Cosworth BT33

Offered by Bonhams | Carmel, California | August 15-17, 2014

Photo - Bonhams

Photo – Bonhams

You’re looking at the final car driven by Jack Brabham in Formula One. In fact, he won his final grand prix in this car – the 1970 South African Grand Prix. What’s even better, this is a Brabham chassis and he remains the only person to ever win in a car bearing his own name. The car looks fabulous. The engine is too: it’s a Cosworth V-8 of 3.0-liters and puts out 430 horsepower at an ear-shattering 10,000 rpm. It can be yours for between $1,000,000-$1,400,000. Click here for more info.

Update: Sold $1,034,000.

Ferrari 312 T3

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1978 Ferrari 312 T3

Offered by Bonhams during Pebble Beach | August 15-17, 2014

Photo - Bonhams

Photo – Bonhams

The Ferrari 312 T3 was Ferrari’s second car for the 1978 Formula One Season. The car used for the first two races was a carryover from 1977. The T3 was introduced for the third race. This car was driven primarily by Carlos Reutemann (who won the 1978 British Grand Prix in it). It also driven by Gilles Villeneuve. Villeneuve won the 1978 Race of Champions (a non-points F1 race) in this car. The engine is a 530 horsepower 3.0-liter Flat-12. Ferrari built five of these cars and this one is offered in more-or-less as-raced conditions and has spent many years in the Maranello Rosso Collection. It should sell for between $1,500,000-$2,000,000. Click here for more info.

Update: Sold $2,310,000.

Ferrari 250 GTO

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1962 Ferrari 250 GTO

Offered by Bonhams | Carmel, California | August 14, 2014

Photo - Bonhams

Photo – Bonhams

Here it is. This is the car that everybody has been – and will be – talking about for some time. It’s the rarest, most desirable car on earth – and this is the first time one has come up for public auction in a long time. And it will sell, at no reserve. It will break every record on the book. Between private parties, 250 GTOs have reportedly sold for $50 million. Bonhams didn’t publish an estimate, but if you call the department for an estimate like they recommend, they’re well within their rights to laugh at you. You’re looking at a $30-$60 million car. The final price is anyone’s guess.

The GTO was a homologation model for the 250 to compete in the FIA Group 3 category. They were GT cars that put themselves on the podium at Le Mans in consecutive years, behind a single prototype entry (another Ferrari). The engine is a 300 horsepower 3.0-liter V-12. There were two types of 250 GTOs: those with the 3.0-liter engine, and those with the 4.0-liter engine (referred to as “330 GTOs”). This car was the 19th GTO built of 39 (this includes eight that have the re-designed 1964 body work and the three with the 4.0-liter engine). So 28 have this style body and a 3.0-liter V-12.

The original owner of this originally grey car was French racing driver Jo Schlesser. The competition history of this car is as follows:

  • 1962 Tour de France Automobile – 2nd (with Schlesser and Henri Oreiller)
  • 1962 Coupes du Salon – DNF (Henry Oreiller was killed when he crashed this car).

Schlesser took the car back to the factory and they rebuilt it for 1963 and sold it to a new owner, who used it in hillclimbs. That man sold it to another, who also raced it. Then, in 1965, he sold it to Fabrizio Violati for $4,000. It has been in Violati’s family since, and the centerpiece of his San Marino-based Maranello Rosso Collection. He used it regularly and the car has never really sat for that long. It’s great when someone acquires a car for a reasonable price and uses it, unafraid of the value at stake. Violati passed away in 2010 and the collection is, at least partially, being dispersed.

This is the 250 GTO that has been in one person’s possession the longest. These cars so rarely trade hands and when they do, the price is extraordinary. I just hope whoever buys it uses it and doesn’t lock it away hoping for a return on investment down the road. Sadly, that’s what the collector car market has almost become. Whatever the final price may be, Bonhams stands to make a killing on buyer’s premiums for this car alone. You can read more here and see more from Bonhams here.

Update: Sold $38,115,000.