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Bonhams 2017 Quail Lodge auction preview with photos and price estimates

Bonhams 2017 Quail Lodge auction preview with photos and price estimates

Bonhams 2017 Quail Lodge auction preview with photos and price estimates
August 13
01:32 2017


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The Monterey auctions are effectively the last major sales of the year in the U.S. collector car market, setting the tone for Arizona in January and reconfirming trends that have been building in the market since the start of the year. Most of the major auction houses look to the Monterey auctions for signs of movement in the marketplace as collectors from all over the world descend upon the peninsula for a packed schedule of events. In 2016, the Bonhams Quail Lodge Auction enjoyed $34.8 million in sales with a strong 88 percent sell-through rate, the auction house once again aiming for quality over quantity by offering just 115 vehicles. The 1931 Bugatti Type 51 Grand Prix was the top sale of the week for Bonhams, bringing $4 million on auction day, with a curiously recent model — a 2014 Ferrari LaFerrari — following closely with a $3.685 million result.

The 20th annual Bonhams Quail Lodge sale will feature plenty of concours and auction circuit frequent flyers, alongside plenty of relatively fresh machinery that is just starting to make moves in the marketplace. Here are seven cars (listed in no particular order) to keep an eye on:



The Shamal is a rare sight on our shores, and it’s even rare in Maserati collector circles. Photo by Bonhams


1. 1990 Maserati Shamal

A relatively rare Maserati model from the early 1990s, the Shamal is quite different from the unfortunate but similar-looking Biturbo lineup, packing a twin-turbocharged 3.2-liter V8 good for 326 hp. A production run of just 369 examples kept these out of sight in the U.S., though we should note most examples were not as babied as this 6,200-kilometer example finished in Dazing Black over Pella Nera. This car was sold new in Switzerland and has been in the same ownership since 1994 as part of a big collection.

A treat for completists and fans of obscure Masers, Bonhams cites a wide-open estimate range of $125,000 to $175,000. There is an admittedly thin market for this model, but a strong result here could help send more to our shores.



1990 Ferrari 348 TB

Tidy examples of the 348 TB are not as abundant these days. Photo by Bonhams


2. 1990 Ferrari 348 TB

A Ferrari model that may still seem very recent, the 348 TB is nearing 30 and starting to attract the attention of collectors who previously dismissed it as too new. These 3.4-liter V8-engined wedges were offered in coupe and spyder form, for a time making up a sizable chunk of Ferrari production in the early 1990s as the Testarossa served out its long life. The example that Bonhams will offer is described as a well-documented Medium Blue car that shows 11,200 miles from new, with Bonhams noting that paint meter readings show that the car is wearing “most of its original paint.”

The auction house estimates that this 348 TB will fetch between $100,000 and $120,000 on auction day, the high range for this model at the moment, though plenty of neglected examples with deferred maintenance can be found out there. Well-heeled millennials (yes, there are a few) are coming around to their dream cars from the 1990s, and a babied 348 TB qualifies.
 



1986 Ford RS 200

An important rally car, to put it mildly, the RS 200 is also rare on our shores. Photo by Bonhams


3. 1986 Ford RS 2000

The Ford RS 200 is easily the most capable car with a blue oval badge never sold in the U.S., and it’s nothing short of a rally terror designed to rule over the mayhem known as Group B. With a 1.8-liter turbocharged and intercooled inline four pumping out 250 hp and a five-speed manual transmission sending those horses to all four wheels, the RS 200 enjoyed a very tiny model run for homologation purposes with just 148 road-legal models built. These trade hands quite frequently at the top auctions in Europe, but until recently, they haven’t seen made U.S. roads. Bonhams indicates this car was in the U.S. almost since new and currently shows just 8,300 miles. The auction house notes that this RS 200 has not been started at all for the past decade, but it has received some recommissioning work in the past.

Bonhams estimates that this RS 200 will bring between $200,000 and $300,000 on auction day, offered solely on a bill of sale. That’s a wide price range, and it still reflects the uncertainty over U.S. collectors’ appetite for this model.
 



1975 Lancia Stratos

The 1975 Lancia Stratos is one of several rally legends that will be offered by Bonhams this year. Photo by Bonhams


4. 1975 Lancia Stratos HF Jolly Club Continuation

European rally legends from the 1970s and 1980s are starting to make more appearances at top U.S. auctions, and the Lancia Stratos is one such rally legend. Powered by a 2.4-liter Ferrari Dino V6 engine, the Stratos combined a very capable suspension with a short wheelbase and a compact, light body. This particular example was left unfinished when Stratos production ended, and it was one of the models completed by Autosport Jolly Club in Milan, spending its early years in Switzerland and later joining a Group B rally car collection (where these typically reside).

Bonhams estimates that this Stratos will fetch between $400,000 and $550,000 on auction day, with the midpoint of that estimate being the current market value for this model. It probably won’t see much mud when and if it finds a new owner, but if it ends up selling in the U.S., the ranks of Stratos models here will grow noticeably.
 


Rodeo Drive Concours dElegance parks again on the wealthiest street in the worldThe Bijan Bugatti



2003 BMW Z8 Alpina

Z8s values are starting to get very serious. Photo by Bonhams


Mercedes-Maybach 6 convertible concept rendering



5. 2003 BMW Z8 Alpina

The Z8 is a unique BMW design from the past decade, and it has aged remarkably well since its modest model run. Longtime BMW tuner Alpina lent its talents to a limited run of the roadster, with Alpina models using a 4.8-liter V8 tuned to 375 hp in addition to sporting a retuned suspension. The example Bonhams will offer in Monterey has covered just 16,800 miles in its one-owner history, living in California.

The auction house estimates this Alpina Z8 will fetch between $200,000 and $250,000 on auction day, with the Z8 surging in value in recent years. The time to get in on these has arguably passed, but on paper, this sounds like the type of car that collectors covet.



1972 BMW 3.0 CSL

A rare color for the 3.0 CSL, whose values continue to edge upward. Photo by Bonhams


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6. 1972 BMW 3.0 CSL

While there’s no shortage of rare BMW models from the past half century to discover — the whole 502/503 range, for instance — a decade ago, collectors turned their attention to the 3.0 CSL “Batmobiles” of the 1970s. These Neue Klasse coupes were among the first true performance cars from Munich with 3.0-liter inline-six engines churning out 185 hp while dropping 300 pounds compared to more common versions of this body style. Bonhams will offer a Colorado Orange example that spent its early years in Italy but accumulated just 46,000 miles throughout its life.

Bonhams estimates this 3.0 CSL will fetch between $290,000 and $330,000, reported to be an original example that has seen only sparing use. Yes, this is currently the price range for the better examples of this model, and they’re showing no signs of coming down from the tree.



1995 McLaren F1

McLaren F1’s do not come up for auction all that often, but their rocketing values are getting some cars before bidders. Photo by Bonhams


McLaren F1



7. 1995 McLaren F1

Seemingly “affordable” not that long ago, McLaren F1 values have not just blasted into orbit but are halfway to Mars, with the top examples trading in the $14 million to $15 million range. Bonhams will be one of the auction houses exploring interstellar space in the coming months, with its catalog cover car being the first fully federalized and U.S. road-legal F1; a one-owner example that shows 9,600 miles, half of which is said to have been accumulated on a shakedown cruise through Europe undertaken by the first owner straight from the factory. This F1 was then shipped to the U.S. where it was converted, without irreversible changes, to U.S. specs. The car has since been converted back to its as-delivered specs. Needless to say, the car has been maintained by BMW’s main U.S. workshop during its 22-year residence in the country, as part of an East Coast collection.

Bonhams offers no published estimate for this example — even among road-going F1s cars, it’s a bit of a rarity, having been federalized and then returned to original condition in the States. Early F1s are currently sailing into the import eligibility window without painfully depressing Show and Display red tape, so the F1’s story in the States is just now beginning. Its entry into import eligibility coincides with some truly amazing auction prices for this model as the market realizes it’s never truly been surpassed by any other car in the decades since, either in ability or historical stature.

Visit the auction website to view the full list of lots from the upcoming Quail sale.














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