The Market


$7.29m for Bonhams at the 2023 Audrain Concours

$7.29m for Bonhams at the 2023 Audrain Concours 2nd October 2023

Now in its third year, Bonhams’ Audrain Concours sale is generally a bit of everything event with many lots offered at No Reserve. This year was no exception.

Top-selling car was the 1960 Mercedes-Benz 300SL Roadster ($1,2m to $1.4m) that was hammered away just under low estimate at $1,170,000. That’s $1,292,000 with premium. The catalogue is coy about the car’s original colour, but we bet it’s not the attractive Anthracite with black in which it was presented last weekend.

Elsewhere, the non-original engine and colour 1973 Carrera RS 2.7 modified to ‘Lightweight specification’ sold well to achieve $428,500 all-in.

All cars sold. It was a fine result for the Brits with 17% of the motor car entry beating top estimate.

Bonhams at the Audrain Concours, Newport, RI, 29 September 2023 – results (2022)

Gross: $7,288,860 ($6,912,140)
Number of cars not sold: 0 (7)
Number of cars withdrawn: 0 (1)
Total number of cars: 53 (44)
Number sold: 53 (37)
Percentage cars sold by number: 100% (84%)
Percentage by value average low/high estimate: 84% (76%)
Percentage of cars met or sold below low estimate: 53% (49%)
Percentage of cars sold below avge of estimates: 70% (81%)
Percentage of cars sold met/exceeded top estimate: 17% (8%)
Average year of cars offered: 1962 (1961)
Average price of cars sold: $137,526 ($186,815)
Percentage of cars offered at No Reserve: 77% (48%)

Photo by Bonhams