The second in a series of Live Online Motoring Auctions took place at Bicester Heritage on Saturday 25 July, achieving a sale total of more than £2.5 million and a sell-through rate of 71%. The Motorcycle section of the sale was once again 100% sold, matching the success of the first sale.
Demonstrating MPH’s expertise in the field of Modern, Popular and Historic Collectors’ Cars, a 1993 Porsche 911 Turbo 3.6-Litre 964 Coupe attracted strong interest and – after a lengthy bidding battle between the telephone and online – ultimately achieved £164,250.
A record number of customers registered to bid and 65% of lots were bought online, with the balance coming via live telephone and absentee bids submitted in advance. Strong competition saw many lots attract multiple bidders.
The auction was conducted behind closed doors – with no public in attendance – and, in compliance with government guidance, by appointment-only viewing took place in advance at Bicester Heritage.
Head of Department, Bonhams MPH Rob Hubbard said, “We are very pleased to see that our online consignment platform has, yet again, proved to be an effective and efficient way to consign and sell motor cars at auction. Results were strong across the board, particularly for pre-war, modern and popular classics, again proving confidence in the market. MPH is actively consigning for our next sale, taking place on 19 September, and then a Christmas finale on 12 December, both of which will take place at Bicester Heritage”.
Other sale highlights included:
1964 Jaguar MK2 3.8-Litre ‘Coombs Replica’. Sold for £51,750.
1968 Volvo P1800S Coupe. Sold for £22,500.
1949 Land Rover Series I 80’. Sold for £20,250.
Registration numbers proved ever popular, with ‘LES 7’ realising £27,562; ‘GM 9’£40,500 and‘BC 9’ £43,312.
100% of the motorcycle lots sold, demonstrating the market leading strength of the department. The Bonhams Bike team are back at Bicester Heritage next month for their 580-lot three-day Summer Sale, including the Morbidelli Collection, 14 – 16 August. 75% of all lots are to be offered Without Reserve.
James Knight, Bonhams Executive Director and Group Motoring Chairman said: “Following this series of Live Online Motoring Sales behind closed doors lead by MPH, the Bonhams Motoring team is gearing up for the rest of the year with a revised calendar, starting with the Los Angeles based Quail Sale (14 August) in the USA; then across Europe at Bonmont in Switzerland (20 September), and a new sale at the Autoworld Museum in Brussels (6 September). Our New Bond Street division is busy consigning some spectacular motor cars for the Goodwood Speedweek (17 October) and our new Golden Age of Motoring Sale 1886-1939 in London (30 October). Entries include a 1959 Aston Martin DB4 Series I offered Without Reserve; a 1939 Lagonda V12 Drophead; a 1972 Ferrari 246 GT Dino; a 1924 Vauxhall 30-98 OE Velox and a 1904 Crestmobile Model D 8 ½ HP Rear-Entrance Tonneau.