A 1955 4.4litre Ferrari 121 LM Spyder Corsa, racing two seater, made the top price at Bonhams Gstaad Sale on December 20th, at CHF 3.9m (£2.35m), achieving a new auction record for this model.
The car in question. Lot 205, came from the late Antoine Midy Collection in France and was bought post sale by a fellow European car collector.
James Knight, Head of Bonhams International Motor Car Department said: “Although the car just failed to sell under the hammer at the Palace Hotel in Gstaad, the interest expressed pre-sale remained and we have had a happy outcome following the sale.”
Bonhams hosted their annual Ferrari and other prestigious Italian marques auction sale at the magnificent Palace Hotel in the Swiss ski resort of Gstaad where clients and collectors attended from all over the world.
In the packed saleroom (at full occupancy), collectors saw a lower than average sell though rate but for those motorcars that sold, healthy prices were achieved. The 1967 Ferrari 275GTB/4 Berlinetta at CHF1,000,000, (£696,060) 1933 Alfa Romeo 6C-1750 Cabriolet by Castagna at CHF398,000 (£241,248), 1965 Ferrari 275GTS Convertible at CHF623,168 (£377,677), and the 1961 Maserati 3500GT Vignale Convertible at CHF349,168 (£211,616) being notable highlights. Automobilia continued to surprise with Lot 58, original documents relating to the Le Mans GT winning Ferrari 250GTO selling for CHF11,500 (£6,969).
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