Bonhams & Goodman conducted an auction of Collectors motor cars on 19 June in their Double Bay NSW rooms. This auction followed the success of the MG Rover Administrator's auction which had been conducted the week prior, although with considerably less excitement. David Bird, Manager of the Motor Car Department at Bonhams & Goodman was pleased with the result, commenting that prices and the market both remain strong for high quality cars. All but three cars were sold on the day. A c1969 Ford Mustang Mach I Fastback and the c1986 Bentley Turbo R are currently under negotiation. The auction was well attended with over 100 registering to bid.
Highlights included a c1974 Alfa-Romeo Montreal which sold to a Victorian bidder for $33,300. One collector bought a c1992 BMW 850 CI for $61,050 and a c1954 Austin Healey for $36,075. A 1958 Mercedes-Benz 190SL also brought $62,500 and two Victorian number plates picked up just over $20,000 each.
The Motor Car department suggests that while the market remains strong, now could be a good time for anyone considering selling to consign their vehicles for auction.