Bonhams' Quail Auction 2023: Record Sales & Highlights

Bonhams' The Quail Auction 2023: A Review of Monterey Car Week's Crown Jewel

Monterey Car Week is an annual automotive pilgrimage that brings together car enthusiasts, collectors, and industry insiders from around the world. Among the plethora of events, auctions, and shows, Bonhams' The Quail Auction stands out as a crown jewel. The 2023 edition of this prestigious auction was no exception, offering a range of collectible cars that spanned the full spectrum of automotive history.

Quail Lodge The Venue

Held at the opulent and welcoming Quail Lodge, the auction provided an atmosphere of exclusivity and luxury that perfectly complemented the high-caliber vehicles on offer. The setting was not just a backdrop but an integral part of the experience, enhancing the allure of the cars and the excitement of the bidding wars. From the meticulously arranged auction floor to the attentive staff, every detail was carefully curated to create an unforgettable experience for attendees.

Auction Dynamics

The auction was a high-stakes affair, with bidders from around the globe participating both in person and online. The tension was palpable as the auctioneer's gavel came down on each lot, sealing the fate of these automotive masterpieces. The event was not just about the cars but also about the people who love them, creating a sense of community among like-minded individuals.

Sales Highlight

1967 Ferrari 412P Berlinetta - $30,255,000

The star of the show was undoubtedly the 1967 Ferrari 412P Berlinetta. This iconic race car, known for its performance and pedigree, fetched an astounding $30,255,000. The 412P Berlinetta is a symbol of Ferrari's racing heritage and a masterpiece of engineering and design. The sale price reflects not just the car's intrinsic value but also its historical significance and the emotional connection it holds for collectors.

Will Elkadi, the founder of Monterey Car Week Guide and Publisher of WhatsUpMonterey, commented on the significance of this sale, stating, "The 1967 Ferrari 412P was the most expensive car sold during Monterey / Pebble Beach motor week 2023 in California. With 109 cars earning $51 million, Bonhams beat its own 6-year record. However, let's not forget 2017 earnings of $56,430,000. Good job, Bonhams."

1951 Ferrari 212 Export Barchetta - $3,900,000

Another Ferrari that stole the spotlight was the 1951 Ferrari 212 Export Barchetta, which sold for $3,900,000. This classic open-top sports car embodies the elegance and style that are synonymous with the Ferrari brand. Its sale at such a high price point is a testament to its enduring appeal and the growing market for vintage Ferraris.

1966 Porsche 906/'Carrera Six' Two-Seat Endurance Racing Coupe - $2,040,000

Not to be overshadowed, the 1966 Porsche 906/'Carrera Six' Two-Seat Endurance Racing Coupe also made headlines with a sale price of $2,040,000. This Porsche model is renowned for its engineering excellence and has a storied history in endurance racing. The sale reaffirms the strong market for classic Porsches and their continued relevance in the collector's world.

Market Trends

The auction also highlighted some key trends in the classic car market. For instance, the high sale prices indicate a strong demand for well-preserved, historically significant vehicles. Moreover, the diversity of the cars on offer—from luxury sedans to vintage race cars—shows that the market is broadening, attracting a wider range of collectors.

Curated Collectibles

Bonhams' The Quail Auction 2023 was a resounding success, offering a curated selection of high-quality, collectible cars that attracted bidders willing to pay top dollar. The auction not only set new records but also showcased the enduring appeal and investment potential of classic cars. As we look forward to the next edition, one thing is clear: Bonhams' The Quail Auction remains a must-attend auction for anyone serious about car collecting.

Final Thoughts

As the automotive world evolves, with electric vehicles and autonomous driving becoming more prevalent, the allure of classic cars seems to grow stronger. Events like Bonhams' The Quail Auction serve as a reminder of the timeless beauty and engineering marvels that these vehicles represent. They are not just cars; they are pieces of history, art, and culture, and their value only seems to appreciate with time.

For more information about the 2024 Monterey Car Week and other related events, visit the Monterey Car Week Guide at WhatsUpMonterey.com.