Bugatti, Porsche 911, and Chevrolet fetched record sales prices at the Christie's Exceptional Motor Cars Auction 2007 at the Greenwich Concours d'Elegance 2007 in Greenwich, Connecticut.
On June 3, 2007, car collectors filled the white Christie's tent to standing room only capacity for the opportunity to see, dream, and more importantly bid, on 27 exceptional cars, trucks, and motorcycles. Auctioneer Hugh Edmeades began the auction by warming up the tony audience with three lots of automobile books, before moving on to a 1941 Indian Model 741 Scout Junior in olive drab with a Vee-Twin engine, estimated to sell at $2,000 - $4,000, which drew incredible interest early on from the audience and telephone bidders, and sold for $11,000.
A few of the highlights in the under $100,000 price range included a 1909 Chalmers-Detroit Thirty Touring in Royal blue with maroon chassis, tan canvas top and black leather interior, with an inline four-cylinder engine, estimated at $40,000 - $60,000, sold at $38,500, making some collector of early model cars very happy.
A 1965 Porsche 911, one of only 235 of the original 1965 911 short wheel-base, in Irish green with black and white hounds tooth interior, and six-cylinder engine, estimated at $25,000 - $35,000, sold for an astonishing price of $71,500, which was more than double the high end of the estimate.
A 1960 Jaguar XK150 Drop Head Coup, in Old English white with red leather interior and black, and straight-six engine, estimated to sell at $80,000 - $120,000 was a collector's dream and sold under estimate at $73,700.
A 1955 Chevrolet First Series 3100 Pickup Truck in juniper green with pearl beige and maroon interior, and six-cylinder engine, estimated at $35,000 - $45,000, attracted its share of bidding action selling for way over its estimate at $77,000.
Although Edward F. Nesta had his eye on a 1957 Chevrolet Corvette Fuel Injected Roadster in Venetian red with red interior, and V-8 engine, estimated at $90,000 - $120,000, he missed the opportunity on this car, which eventually sold for $99,000.
In the over $100,000 category, a 1937 Ford Model 78 Deluxe Station Wagon, black with wood coachwork and brown leather interior, and eight cylinder engine, estimated at $120,000 - $160,000, sold at the high end of the estimate at $159,500.
In the over $300,000 category, the bidding intensified, as did the audience's heartbeats when a spectacular 1931 Bugatti Type 49 Two-Door Sports Coupe in French blue and black, with black wings and fawn fabric interior, and straight eight engine, estimated at $300,000 - $400,000, came up for bidding, that sold for $396,000.
However, it was the last item to be auctioned that turned the auction into a frenzied tennis match of sorts between the audience and telephone bidders over a 1938 Bugatti Type 57C Atalante Coupe in two-tone black and yellow with beige leather interior, and 160bhp dual overhead camshaft inline eight cylinder engine, estimated to sell at $300,000 - $400,000 sold for a jaw-dropping price of $852,500.
Christie's prices are shown in US dollars and include the Buyer's Premium and are rounded up to the nearest dollar.
For information on upcoming Christie's auctions or the complete auction results please visit the website: www.Christies.com.
For information on next year's Greenwich Concours d'Elegance, please visit the website www.GreenwichConcours.com.
Greenwich Concours d'Elegance
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