Art News

100% of motor cars sold in £1.3 million sale at Bonhams Oxford

OXFORD.- Following the Collectors’ Motor Cars and Automobilia sale that took place in Oxford on March 3rd, Bonhams announced that 100% of the Motor Cars sold, realising a total £1.29 million. Selling for £101,180 against a presale estimate of £40,000 – 60,000, the top lot of the sale was a 1961 Ferrari 250GTE 2+2 ‘Series 1’ Coupé barn find that belonged to the Oscar winning producer Agostino De Laurentiis, who produced over 150 films including Barbarella, King Kong and Manhunter. Having had only a few owners since new, the 250 GTE was offered by the family of the late owner who bought the car in 1967. It appeared that the last owner only used the car for eight or nine years following its acquisition, as it still carried the last tax disc (expired 1975). With many enthusiastic bidders on the phone and in the room, the Ferrari was eventually bought