Bonhams auction at the Spa Classic realises €3.4 million in its debut year
The First Art Newspaper on the Net    Established in 1996 Tuesday, December 3, 2024


Bonhams auction at the Spa Classic realises €3.4 million in its debut year
1964 Ferrari 275 GTB Berlinetta.



LONDON.- Some of the fastest production cars of the 1960s and 1970s went under the hammer at the inaugural Bonhams auction during the Spa Classic weekend on Saturday 25th May, realising a total of almost €3.4 million.

Leading the way was Lot 20, a 1964 Ferrari 275GTB Berlinetta offered with well-documented period competition history, which sold well above its €775,000 estimate at €902,750.

Another significant result was the €575,000 achieved for Lot 15, a 1968 Lamborghini Miura P400 Coupé that was factory-restored under the supervision of Lamborghini’s legendary chief test driver Valentino Balboni.

The world’s fastest production car at the time, the Miura was reportedly capable of a top speed of 280km/h. Just over 470 of the P400 model were manufactured, of which this early car is a prime example. Bought by the vendor in January 2005, it was the subject of a comprehensive restoration under the supervision of Valentino Balboni at the Sant’Agata factory that took three years, consumed some 4,000 man-hours of labour, and cost €160,000. The car was offered with a file containing more than 600 photographs of the restoration and a signed letter of confirmation from Balboni, dated days before his retirement that same month after 40 years with the marque. During that time he is said to have driven 80 per cent of the cars produced, of which the Miura model was reportedly his favourite.

Following the completion of its restoration in May 2008, the car was displayed in the factory’s Centro Eccellenza at Lamborghini’s request.

Other highlights of Saturday’s auction include the €437,000 paid for Lot 31, the last 3-litre Porsche 911 Carrera RS to leave the factory. The 1974 Coupé exceeded its pre-sale estimate in the 911’s 50th anniversary year.

Meanwhile, a 1973 2.7-litre version of the same car with extensive historic racing history (Lot 11) also exceeded its pre-sale estimate, selling for €181,700; a 1968 330GTC Berlinetta with coachwork by Pininfarina (Lot 17) sold for €270,661; and a rare and desirable 5-speed 1968 Mercedes-Benz 280SL (Lot 16) more than doubled its €45,000 estimate to achieve €105,800.

Philip Kantor, Head of the Mainland European Motoring department, said: “The Bonhams Motoring team’s first visit to the Spa Classic was both enjoyable and successful. We put together an auction offering a diverse selection of motor cars, and were pleased to welcome a large crowd of bidders and onlookers to the auction on Saturday.

“We sold a number of exceptional motor cars, including of course the wonderful Miura P400 that was restored under the watchful eye of the legendary Valentino Balboni.

“The sale is the first of two new auctions the Bonhams Motoring team will host in Belgium this year, the second being at the Zoute Grand Prix on 11th October.”

For a full list of results from this sale visit: bonhams.com/auctions/21284.











Today's News

May 30, 2013

Ai Weiwei presents scenes from his arrest in new installation at the Venice Biennale

Paintings by Anker, Sisley, Caillebotte and Van Gogh featured in auctions at Koller Zurich

International rug expert comments on $33.7 million record price for antique oriental carpet

Investigators analyse ashes taken from the house of one of the suspects as Dutch heist paintings feared burnt

Research uncovers new information about Spanish Baroque sculpture acquired by Meadows Museum

Exhibition at Punta della Dogana presents 80 works from the last 50 years

Gagosian Gallery in London presents a group of four tapestries by Gerhard Richter

Brazilian and Mexican artists lead Christie's Latin American Art Sale in New York

Property from the Estate of Merv Griffin, Warner Bros. Studios and LACMA on offer at Bonhams

New Curator for Dutch and German Baroque Painting at the Alte Pinakothek

A solo show of works by the renowned British artist Marc Quinn opens at The Giorgio Cini Foundation

Four contemporary Alaska Native artists exhibit at The Craft & Folk Art Museum

The British Council announces new initiative to take ex-offenders to the Venice Biennale

Harn Museum explores the creation, meaning and importance of portraits

Germany vs. France: Results from auction of rare books at Ketterer Kunst in Hamburg

Exceptional artwork by Canada's most celebrated artists featured in Joyner Waddington's spring auction

Vibrant kinetic sculptures created by artist Michael Landy on view at the National Gallery in London

First United States one-man show by Spanish artist Miguel Angel Garcia opens at Laurence Miller Gallery

Galleria Vezzoli at Maxxi: Over 90 works in the first Italian retrospective devoted to Francesco Vezzoli

Bonhams auction at the Spa Classic realises €3.4 million in its debut year

Fundacion Mapfre presents the photography exhibition Emmet Gowin




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful