When Bonhams last UK motoring sale of 2007 ended late last night (3 December) at Olympia in London, the auction total had soared to a massive £8.5-million pounds – making it the highest ever UK motoring sale for the company. Many world records were broken, including the highest price paid at auction for both a pre-1905 car and a Rolls-Royce. The oldest Rolls-Royce in the world – a 1904 10hp Two-Seater – made a staggering £3,521,500. The result also makes it a world record price for a car of British manufacture.
Other world record prices achieved by Bonhams last night were:
£298,500 for a Bugatti Type 30 – the 1926 Type 30 Tourer with coachwork by Lavocat and Marsaud
£106,000 for a Lagonda V12 Saloon – the 1938 Lagonda V12 4,480cc Short Chassis Sports Saloon, originally owned by Francis Curzon, the Fifth Earl Howe, CBE, PC, VD;
£136,800 for a Lotus Cortina - the ex-Team 1965 Ford Lotus Cortina MkI Saloon, driven by motor racing legends Jim Clark, John Whitmore and Jack Sears.
£29,900 for a Norton International – the 1947 Norton 490cc International Model 30, originally the property of the late George Formby OBE
Other supercharged moments of the sale featured when a 1924 Hispano-Suiza H6B made £397,500 against its pre-sale estimate of £250,00-300,000; Alan Sugar’s 1956 Bentley S1 Continental Sports Saloon fetched £144,500; His Majesty King Edward VIII’s abdication car, a 1936 Buick made £100,500; and the registration number “FLY 1” – sold on behalf of the family of Sir Freddie Laker, who pioneered low-cost transatlantic flights – fetched £62,000.
James Knight – the International Group Head – commented, “The market is still strong for the top end; veterans – again were 100% sold. We had 10 people primed to bid on the 1904 Rolls-Royce with three people still participating as the price approached £3m, demonstrating a particular strength in depth for this historic motor car. This record breaking Sale caps a thoroughly successful and indeed record-breaking year for the UK division of our world-wide motoring department.”