Friday, February 8, 2013

AEROPLANE THAT WAS ‘OUT OF AFRICA’ TO RETURN TO ITS SPIRITUAL HOME AFTER €13 MILLION BONHAMS SALE





Gipsy Moth bi-plane from seven-time Oscar-winning motion picture
sold for a world auction record €201,250
to an anonymous telephone bidder in Kenya
A 1929 Bentley 6½-Litre Speed Six tourer was the top-selling lot, realising €828,000, while a 1963 Aston Martin DB4 Vantage cabriolet more than doubled its pre-sale estimate at €805,000
The entire sale realised just short of €13 million from 86 motor cars, 84 motorcycles, and more than 100 lots of automobilia, with successful bidders from 27 countries worldwide     
The aeroplane which featured in the seven-time Oscar-winning 1985 film ‘Out of Africa’ is on its way back to the country after nearly three decades, after finding a new home in Kenya at the Bonhams auction at the Grand Palais in Paris, France, on Thursday 7th February.
The 1929 American Moth Corporation De Havilland 60GMW Gipsy Moth
bi-plane which featured in the Sydney Pollack-directed movie starring Meryl Streep and Robert Redford sold for €201,250 to an anonymous telephone bidder at the auction, held during the capital’s Rétromobile week. The sale set a new world record for a Gipsy Moth.
Bonhams’ second visit to the historic automotive venue, following a spectacular first sale in 2011, realised just short of €13 million from 86 motor cars, 84 motorcycles and more than 100 lots of automobilia.
In the motor car section the top lots were a 1929 Bentley 6½-litre Speed Six Tourer that beat its pre-sale estimate to realise €828,000, a 1963 Aston Martin DB4 Vantage cabriolet that more than doubled its estimate at €805,000, and the 1938 Bugatti Type 57C Coupé that was formerly owned by Ettore Bugatti himself and sold for €690,000.
Meanwhile the collection of former architect Charles H Brown realised over €1.2 million, with the top-selling lot a 1931 Bentley 8-litre Sports tourer at €483,000. Outside the collection, a 1928 Rolls-Royce ‘Playboy Roadster’ that was formerly in the collection of self-made multi-millionaire commercial real estate developer Jerry J. Moore realised €287,500.
In the motorcycle section, two headline collections realised a combined total of almost €600,000. Top-selling lot in the Garelli Grand Prix Collection was a 1926 Garelli 348cc Racing Motorcycle at €29,900, while a 1917 Indian 7hp Powerplus led the way among the bikes of the late Claude Lesellier, selling for €28,750.
Top motorcycle lots were a 1968 Egli-Vincent 998cc Racing Motorcycle at €40,250, a 1952 Vincent 998cc Series-C Rapide at €37,950, and a c.1941 Zündapp KS750 'Sahara' Motorcycle Combination at €35,650.
Immediately after the auction, a 1925 Coventry-Eagle 980cc Flying-8 Sidevalve was sold for €40,090.
On the automobilia side a fine cased picnic set for six persons by G W Scott & Sons, c.1910, was the top lot at €23,750. Meanwhile, one of only five 1:8 scale models of a Bugatti Type 57S ‘rolling chassis’ constructed by master craftsman Jean-Paul Fontenelle sold for €12,500, and a Bugatti radiator realised €6,250.
For the first time, the Motoring team was joined by the 20th Century Decorative Arts department, which held a separate sale at the venue. Top-selling lot was a c.1910 gilt-bronze figural lamp cast as the famous performer Loïe Fuller by François-Raoul Larche (1860-1912), which realised €36,250.
Philip Kantor, Head of the Mainland European Motoring department, said: “We are delighted to have returned to the Grand Palais, the spiritual home of not only motor cars but also aeroplanes in the centre of Paris.
“Following a 1,200-person reception the night before, bidders turned up in large numbers for a marathon 11-hour sale, resulting in 80 per cent of lots sold across the board.”
James Knight, Group Motoring Director, added: “The global motoring department has enjoyed a stellar start to the year. The highly successful Paris auction follows on from the success that the US division recently achieved in Las Vegas (Motorcycles) and Scottsdale (Motor Cars). Yet again motor cars were sourced for the Paris Sale from teams on both sides of the Atlantic, demonstrating a global approach to our blue riband Sales.”

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