BMW 328 Roadster makes £440k as barnfind Miura fails to sell

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Coys closed its 2012 season with a successful auction at London's Royal Horticultural Society on 4 December, selling 34 of the 45 cars offered.

The top result on the night was an immaculately restored 1938 BMW 328 Roadster that eventually sold for £440,000 to a German phone bidder.

Coys had to work hard for some of the other results. A 1933 Fiat 508 S Mille Miglia that the auction house had secured only after protracted negotiations sparked a duel between two interested parties, finally reaching £54,000 after the price had crept up in £500 increments.

A 1961 Mercedes 300SL roadster was the second highest result, but only after a late bid in the room forced the final hammer price up to £385,000. That took it just beyond the total achieved for a beautiful '67 Lamborghini Miura (below) that had been converted in period to SV specification. After looking like the bidding was going to run out of steam at £320,000, a final push saw the hammer come down at £375,000.

That made the non-sale of a '69 Miura S restoration project all the more surprising. The car, which was reputedly presented new to Greek singer Stamatis Kokotas by Aristotle Onassis, reached what looked like a very generous £300,000. Apparently, however, that was not enough to secure the sale.

Other notable results included an aluminium-bodied Ferrari 330GT Berlinetta that drew a round of applause when the hammer came down at £112,000 following a very late winning bid, plus an Aston Martin DB5 Vantage (£340,000) and a Lancia Aurelia B24 Convertible (£150,000).

Comments

Peter_Mouldweb

I love classic and vintage cars! This range of BMW classics is a killer and definitely fit to be showcased in a vintage museum for everyone to appreciate and enjoy. I think those who can afford these precious vintage collections would not even have the heart to drive them around because they are such gems and need great tender loving care from outside to the inside. Sports cars are such an attraction, but classic sports cars are amazing!

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Best regards / Peter Mould / pmwltd

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