A 1955 Ferrari 250 Europa GT and a 1969 Lamborghini Miura P400 S were the top results at the Bonhams Quail Lodge auction during Monterey Motoring Week 2022.
Two Italian classic cars sold for around $2 million each to lead the results at the Bonhams Quail Lodge 2022 classic car auction during Monterey Motor Week in California, USA. The highest bid in the auction was over $6 million for the 1960 Jaguar E-Type Lightweight Competition but it failed to sell. The 1938 Bugatti Type 57C sold for an undisclosed sum after the auction and may have been the top earner in the sale. Mercedes-Benz 300 SLs sold well — as in other Monterey Week auctions — with both a Gullwing and Roadster selling for over a million dollars. The star outperformer in the auction was the 1926 Rolls-Royce Silver Ghost Piccadilly that sold for more than double higher estimate.
Bonhams Quail Lodge 2022 Sale
Bonhams: 25th Quail Lodge Sale in Carmel during the annual Pebble Beach / Monterey Motor Week on 19 August 2022 in California, USA. Recent Bonhams Quail Lodge earnings:
|Year||Earnings $||Lots / Sell-Through %|
|2022||$27.8 million||137 cars, 88%|
|2021||$36,877,800||139 cars, 89%|
|2020||$13 million||63% (online only)|
|2019||$32 million||217 cars, 76%|
|2018||$37.7 million||135 cars, 82%|
|2017||$56,430,000||105 cars, 80%|
The 25th edition of Bonhams’ Monterey Week sale achieved over $30 million and a sell-through rate of 90% (once post-hammer deals were included). The Quail Lodge auction record was set in 2014 when Bonhams sold a 1962 Ferrari 250 GTO for $38,115,000 — still the third most expensive car ever sold in a public auction.
Million-Dollar Results at Bonhams Quail Lodge 2022 Sale
The following were the top results at the Bonhams Quail Lodge sale during Monterey Motor Week 2022 in California, USA:
|1||1955||Ferrari 250 Europa GT||2,095,000||2,250,000 – 2,750,000|
|2||1969||Lamborghini Miura P400 S||1,957,500||1,750,000 – 2,250,000|
|3||1956||Mercedes-Benz 300 SL Gullwing Coupe||1,737,500||1,400,000 – 1,700,000|
|4||1995||Porsche 911 Type 993 GT2||1,545,000||850,000 – 1,200,000|
|5||1931||Stutz DV-32 Convertibke Victoria||1,435,000||1,400,000 – 1,800,000|
|6||1926||Rolls-Royce Silver Ghost Piccadilly Roadster||1,325,000||450,000 – 600,000|
|7||1951||Ferrari 212 Inter Alloy Coupe||1,215,000||1,350,000 – 1,650,000|
|8||1958||Mercedes-Benz 300 SL Roadster||1,039,000||1,000,000 – 1,300,000|
|9||1965||Lamborghini 350 GT Coupe||742,000||550,000 – 750,000|
|10||1938||Talbot-Lago T150C Lago Speciale Cabriolet||665,000||850,000 – 1,000,000|
|11||1938||Bugatti Type 57C Atalante||SOLD||2,800,000 – 3,400,000|
Top Results at Bonhams Quail Lodge Monterey Sale 2022
With the 1960 Jaguar E-Type Lightweight Competition failing to sell, the final Ferrari 250 Europa GT topped the Bonhams silver anniversary Quail Auction results when it sold for $2,095,000. This 1955 250 Europa GT Coupé was the very last example of the landmark model regarded as the first of the iconic Ferrari GTs. Styled and built by Pininfarina, this car was first exhibited at the 1956 Brussels Motor Show and raced in period at Spa Francorchamps.
A rival Italian, a 1969 Lamborghini P400S Miura, achieved a record price of $1,957,000. The stunning matching-numbers example of the top-of-the-line landmark Miura had been the subject of a superb, factory-correct specialist restoration while retaining its original bodywork.
Other European classics to wow the Californian crowd today included a 1956 Mercedes-Benz 300SL Gullwing Coupé, which achieved $1,737,500. This superbly restored Gullwing had been kept by one family owner. Originally a daily driver for its first owner, Greek shipping magnate George C. Makris, the SL was latterly stored in a climate-controlled environment and had covered under 22,000 miles from new.
Its convertible sibling, a 1958 Mercedes-Benz 300SL Roadster, also broke the million-dollar barrier, selling for $1,039,000. Offered from 36 years’ single-family ownership, a previous custodian of this SL was renowned racing driver Bob Akin.
Pre-war perfection was offered with two further seven-figure sales. A 1931 Stutz DV-32 Convertible Victoria, with one-off coachwork by LeBaron, sold for $1,435,000. Having been meticulously restored, the Stutz became one of the most awarded American Classics in modern Concours d’Elegance events, including at The Quail.
A 1926 Rolls-Royce Silver Ghost Piccadilly doubled its estimate to sell for $1.435 million. Recently subjected to a ground-up restoration, this special Silver Ghost had been returned to its original configuration with the original chassis, engine, and body. Unshown until the Quail Auction, the Rolls-Royce was offered from a major American collection.
A time capsule 1938 Bugatti Type 57C also found a home, selling for a significant figure at an undisclosed sum after the auction. This supercharged art deco masterpiece, designed by Jean Bugatti with coachwork by fabled Swiss/French coachbuilder Gangloff, was the supercar of the golden age, reaching a top speed of 120 mph when most cars aimed for 50 mph.
Other Interesting Results
Further notable results included:
- Ex-Steve McQueen 1971 Husqvarna motorcycle, sold at the top estimate for $186,500. One of McQueen’s favorite off-road bikes which he kept until his death in 1980. The lovingly preserved, authentic machine was offered in “as last ridden by McQueen” condition.
- Ex-Humphrey Bogart 1956 Ford Thunderbird made $105,000. Owned by the Casablanca star from new, very well-preserved and in the original slate grey coachwork ordered by Bogie.
- 2022 Ferrari Testa Rossa J by The Little Car Company, sold for $148,000. Officially licensed by Ferrari, the electric 75% -scale example of the legendary 250 Testa Rossa, finished to match Le Mans campaigner ‘Lucybell II’, raced past its pre-sale estimate of $100,000 with all profits going to the Pebble Beach Company Foundation.
Top Cars Not Sold at Bonhams Quail Lodge 2022
The top cars failing to sell in the Bonhams Quail Lodge 2022 auction with the highest unsuccessful bids as reported by Hagerty were:
|1960||Jaguar E-Type Lightweight Competition||HB 6,300,000||Refer to department|
|1949||Ferrari 166 Inter Cabriolet||HB 1,500,000||1,800,000 – 2,200,000|
|1974||Alfa Romeo Tipo 33 TT 12||HB 1,350,000||1,700,000 – 2,200,000|
Bidding for the Jaguar E-Type Lightweight Competition was surprisingly unenthusiastic. Bonhams sold the E-Type at Quail Lodge 2017 to the current vendor for $8 million in a post-hammer transaction — a seemingly good deal for the buyer, as the highest unaccepted offer during the auction was $8.2 million.
Monterey Week 2022 Classic Car Auctions
Monterey Week 2022 Auction Results:
Monterey Week 2022 Auction Previews:
Monterey Week 2022 Pre-Auction Announcements
- Bonhams: 1938 Bugatti Type 57C Atalante
- Bonhams: 1963 Jaguar E-Type Lightweight Competition (ex-Brigg Cunningham)
- Gooding: Top Bugattis (incl: Type 57SC Atalante & Type 35 Grand Prix)
- Gooding: Top Ferraris — classics and modern supercars
- Gooding: Top British Cars (incl: Bentley Blower and Eight Litre Sports Tourer)
- Gooding: Wonder Collection including 1999 Ferrari 333 SP
- Gooding: 1930s Classics from the Vincent Estate
- Mecum: Ferrari Prototypes and Marmon Classics
- RM Sotheby’s: 1955 Ferrari 410 Sport Spider by Scaglietti
- RM Sotheby’s: Schumacher 1998 Ferrari F300
- RM Sotheby’s: Masterworks of Design Collection (1924 Hispano-Suiza H6C “Tulipwood” Torpedo, 1937 Mercedes-Benz 540 K Special Roadster)
- RM Sotheby’s: 1955 Mercedes-Benz 300 SL Alloy Gullwing
- RM Sotheby’s: 1966 Ferrari 275 GTB/C
- RM Sotheby’s: The Oscar Davis Collection of 27 vehicles valued at $100 million
Previous Monterey Week Auction Results