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Bonhams & Butterfields Auto Union Auction


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#1 Bill Wagenblatt

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Posted 20 August 2009 - 04:24

I've posted some photo of the 1939 Auto Union 3-liter V12 D-Type at the Quail Bonhams & Butterfields auction.

http://trackthoughts...?p=148#more-148

Bill

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#2 Arjan de Roos

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Posted 20 August 2009 - 07:22

Bill,

I pm'ed you.

Arjan

#3 Gary C

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Posted 20 August 2009 - 22:54

Is that a Jackie Stewart 701 up for sale in the last pic? I wonder who is getting rid of it.

#4 Bill Wagenblatt

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Posted 21 August 2009 - 02:12

Bonham's catalog had it listed as chassis no 701/2 - Not sure of the c/n of Stewart's car

Bill


Is that a Jackie Stewart 701 up for sale in the last pic? I wonder who is getting rid of it.



#5 24hourman

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Posted 21 August 2009 - 07:40

Is this the same Auto Union that was offered by Christies a while back to great media attention then mysteriously withdrawn. It appears to have affected its sellability as originally it was thought that it would reach such a sales figure to make it the worlds most expensive car.

#6 bradbury west

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Posted 21 August 2009 - 10:56

it was thought that it would reach such a sales figure to make it the worlds most expensive car.


All relative , I suppose, and a reflection of what sells on the day and for what price, qv the Evans California Spyder and the recent pontoon TR. I suspect it depends also, as DCN pointed out on another thread, on who is looking for a safe home for their cash at the time
http://www.dailymail...ce-auction.html
Roger Lund


#7 terry mcgrath

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Posted 21 August 2009 - 16:34

I could sort of imagine someone paying 8.5 million pounds for the Auto Union or a Ferrari California Spyder but who in there right mind would pay that money for just another Rolls of which there must be dozens if not 100's !!!!!!
terry

#8 Cynic2

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Posted 21 August 2009 - 20:42

Subsequent to the Auto Union's initial appearance, it was discovered that the chassis number, and thus the history, were incorrect. This car was not a Grand Prix winner, and had a somewhat mediocre record. This appears to be the reason it was withdrawn from Christies.

This would also appear to be the reason the proposed/hoped for/suggested sale figure was dropped substantially; at Bonhams it was listed with a high estimate of $10M. The high bid was reported to be $6M, so no sale.



#9 Doug Nye

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Posted 21 August 2009 - 23:13

Is that a Jackie Stewart 701 up for sale in the last pic? I wonder who is getting rid of it.


The car came from the York Motor Museum in Western Australia, where it has been preserved for the past 35-plus years, in its first ownership ex-works. It sold well to the UK.

DCN


#10 Cirrus

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Posted 22 August 2009 - 09:02

That's interesting. Back in 1979 (I think), I collected an ex-Tyrrell 701 from Alan McCall's workshop, and delivered it to Eoin Young's place in East Horsley. I wonder which one that was?

#11 Doug Nye

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Posted 22 August 2009 - 09:54

That's interesting. Back in 1979 (I think), I collected an ex-Tyrrell 701 from Alan McCall's workshop, and delivered it to Eoin Young's place in East Horsley. I wonder which one that was?


That must be the very one... Small world, isn't it? Eoin dealt it to WA businessman and collector Peter Briggs in Perth for his York Motor Museum. ESY was also instrumental in selling Briggs the Vollstedt-Ford, Williams FW07 and Cosworth 4WD second chassis I believe...

DCN

Edited by Doug Nye, 22 August 2009 - 09:57.


#12 RTH

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Posted 22 August 2009 - 16:22

In 1983 a blue 701 was collected from a Ford Motor Company plant in UK( I think South wales ) where it had languished for more than a decade in a storage warehouse, minus engine and gearbox and was delivered to a Derbyshire restorer if I remember accurately. At the time this was said to be a team Tyrrell car retained by Ford as a show car.

#13 Andrew Stevens

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Posted 22 August 2009 - 19:20

Peter Briggs had a few cars in the Bonhams auction, inc. the March and the Cosworth 4WD thing as well as his 'blower-style' (I think that's the correct term!) WO Bentley. Hope most of them sold as it's a long way to ship them home again...

What is the story on the Auto Union 'no sale'? I didn't stay long enough to see it cross the block?


#14 Peter Morley

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Posted 23 August 2009 - 15:07

The car came from the York Motor Museum in Western Australia, where it has been preserved for the past 35-plus years, in its first ownership ex-works. It sold well to the UK.
DCN


Who did well the seller or the buyer?
It sold for half what they were originally asking for it!!!

As for the Auto Union sale, it is hard to see how the attribution of a different race history really affected its value - it is the most original of its type that exists, there is no possibility of buying an original race winning car so why should Audi's attribution of a different history make it any less valuable?

The problem could be trying to sell it in public, if you look at the history of Silver Arrows owners they aren't people who like to announce in public how much they have just spent - the other original V-12 Auto Union (ex-Korean) was sold quietly not so long ago (it joined a later Silver Arrow) for a large amount of money.

With "common stuff" like GTO's etc. the history/originality might have some affect on the value but when you are talking about cars where only a fraction of their number survive (in this case maximum 3 cars) a potential owner can't say I'll wait for a better one to come along.

Maybe the running costs put people off, but they could always do the same as Maserati 250F/Alfa 8C/etc owners do and fit new British engines & gearboxes, for a surprisingly reasonable amount of money....