Barnfind Ferrari tops Bonhams' £1.3 million Oxford sale

| 5 Mar 2012

Bonhams' Oxford sale on Saturday achieved a 100% sale rate and a £1.3 million total.

Top-seller was the 1961 barnfind Ferrari 250GTE that once belonged to movie producer Dino De Laurentiis (main image). At £101,180 it more than doubled its pre-sale low estimate.

Having had only a few owners since new, the 250 GTE was offered by the family of the late owner who bought the car in 1967. It appeared that the last owner only used the car for less than a decade and it still carried the last tax disc with an expiry date of 1975.

A red 1965 Jaguar E-Type Series 1 4.2-Litre Roadster that belonged to Sir Elton John was another highlight, realising £82,140. A second E-Type, a 1966 Series I 4.2 Roadster sold for £91,400, exceeding its pre-sale estimate of £60-80,000.

A 1966 Citroën DS21 Décapotable owned since 1968 by Joe Judt – who served as the Chairman of the Citroën Car Club and is now the Club's honorary President – made £55,200.

The last of the collection of the late Bugatti enthusiast EA Stafford East, included Automobilia and a 1929 Frazer Nash AC-engined Sports Two-seater which sold for £60,521 in total.

Some 14 of the cars in the auction were eligible to use in Vintage Sports-Car Club events including a 1937 Bentley 4¼-Litre Drophead Coupé (estimate £25-30,000) that sold for £57,500 and a 1935 Bentley 3½-Litre Sports Saloon that sold for £50,600.

There was also a strong Packard flavour, too, our favourite of 12 that all seemed to cross the block very cheaply being the 1958 supercharged Hawk that went for just £4945.

Rob Hubbard, Senior Specialist at Bonhams, said: "These excellent results show that the Collectors’ Motor Cars and Automobilia sale at Bonhams Oxford has become increasingly popular with our clients. With a fantastic showroom and the close proximity to London, the Oxford saleroom enables the team to showcase a remarkable range of motor cars."