Bonhams & Butterfields Brookline Auction Sold a Rare Bugatti for $1.2 Million

Bonhams & Butterfields, international auctioneers have sold another masterpiece of Europe’s largest automaker and producer of VW car covers, a 1926 Bugatti Type 39A Grand Prix Racing car last Saturday for a price of $1.2Million dollars at their sixth annual sale at the Brookline, Massachusetts venue of the Larz Anderson Auto Museum.

The auction was participated by renowned collectors, institutions and car aficionados world-wide---all contributed to the great success of last weekend's sale, with standing-room only crowds that have tried to outbid each other in prices that will surely awe an ordinary spectator.

The excitement under the tent was so high especially when the bidding for the famed 1926 Bugatti volleyed from the room to the phone banks, and offers rose from the opening bid of $500,000 into and beyond the Million-Dollar mark.

The 1926 Ex-Works Team, Bartolomi Constantini, Bugatti Type 39A Grand Prix Racing Two-Seater [chassis no. 4802, engine no. 76] which is a classic and historically important car, and one of the first supercharged Grand Prix Bugattis ever built, finally went to an American private buyer who is bidding against a UK collector for $1.2Million dollars.

A gentleman who owns a 1923 Rolls-Royce Springfield Silver Ghost Piccadilly Roadster who is at his 90s and looks as distinguished as his Rolls-Royce has joined the spirited bidding as it rose to set a world-record auction price of $342,500 amidst the cheers of the crowd. Mark Osborne, Bonhams & Butterfields motorcar specialist said, "We had an amazing sale this year at Brookline with yet another world-record and achievement of the $1.2Million Dollar Bugatti price."

Another spectacular car in the form of a 1912 Pierce Arrow Model 48 Touring Car which has been a favorite brand among movie stars and US Presidents was sold for $392,000. A 1926 Rolls-Royce Springfield Silver Ghost Tilbury Sedan finished in genuine red with black fenders, wheels, and trim was bought at a price of $155,000.

Also for auction is a 1958 Cooper-Climax Type 45 Formula 1 Racing Single-Seater, which was previously owned by a famous British air-force pilot, turned racer, Dickie Stoop, was taken for $117,000 by a U.K. buyer with the advantage of a strong UK currency versus the dollar at present.

The elegant, and award-winning 1932 Lincoln Model KA Convertible Roadster, was also sold for $117,000 to a bidder in the room. The Hollywood charm of the 1924 Packard Single Eight Sports Roadster, driven by Mia Farrow in the motion picture, "The Great Gatsby" captured its new owner for $46,800.

The automobilia section of the sale, that includes various offerings from the legendary Frank Cooke estate, has produced highly competitive bidding, which set prices of rare Rolls-Royce parts and components five times more than their pre-sale estimates. A fine "Spirit of the Wind" mascot by Rene Lalique sold for $29,250, while another rare Lalique "Longchamps" horses head glass mascot drew $17,550. A "La Lune qui pleure" mascot by Elie Ottavy, French circa 1920, and one the finest and rarest of all nude mascots, fetched $8,775, and another French mascot, "Comete" by E. Bregeon sold for $9,945.00.

Mr. Osborne said, "We are delighted to bring collector motorcars of this caliber to Brookline, and we wish to thank our faithful followers and extend a warm welcome to the new collectors who turned out for this event yesterday. We'll look forward to seeing you all again next year!"

About the Author:

Benjamin Hudson works as a supervisor at one of the top engineering firms in the business district of Louisiana. He is also a freelance journalist and has passion for anything automotive.

Article Source: ArticlesBase.com - Bonhams & Butterfields Brookline Auction Sold a Rare Bugatti for $1.2 Million

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