The Bonhams Quail Lodge Auction : the results

Are slant-nose and Turbo Porsches the new hype ?

There are a few surprises for me when I look at the results of the Bonhams Quail Lodge aucton. First surprise for me was the no sale of the 1963 Porsche 356 Carrera 2. As we told in our Bonhams Quail Lodge auction preview, we did not expect the car to sell at a higher price than the estimates. But a no sale for a rare car like the 1963 Porsche 356 Carrera 2 was not what we expected. Furthermore it looks like slant-nose Porsches are climbing the rank of most-wanted Porsches.

Even though the 1989 Porsche 911 slant-nose Turbo Cabriolet was a one-owner car with just over 3500 miles on the counter, a hammer price of $456.000 is way beyond every estimation. Not sure about that but I guess that’s a world-record. Another sky high price was the result for the 1997 Porsche 911 Turbo S, another one-ower and very low mileage car. But nevertheless $489.000 euro is a lot, a lot of money.

1997 PORSCHE 993 TURBO S
1997 PORSCHE 993 TURBO S, sold for a staggering $489.000

The price of the Mercedes 500E , the result of a co-operation between Porsche and Mercedes, is in the lift too. Where a similar car fetched just over $72K in the Scottsdale Auction in January, Bonhams sold this one for $100K.  Prices for the earlier Porches that were skyrocketing some years ago, are now going downhill. Some don’t even reach the lower estimations. Or is that an issue with auction houses raising too high expectations and putting unrealistic estimations on a car ? 

All the Porsches in the Bonhams Quail Lodge Auction : the results ( incl. premium)

Lot 8 : 1983 Porsche 911 SC Cabriolet Hammer price  $53.200
Lot 13 : 1958 Porsche 356A Convertible D Hammer price $196.000
Lot 25 : 1958 Porsche 356A Speedster Hammer price $516.500 
Lot 28 : 1970 Porsche 911E 2.2 Hammer price $114.800  
Lot 29 : 1955 Porsche 356 preA Continental Cabriolet Unsold, High bid $250.000 
Lot 35 : 2015 Porsche 918 Weissach Spyder Estimation Hammer price $1.407.500 
Lot 43 : 1973 Porsche 911T 2.4 Coupe Hammer price $58.800 
Lot 51 : 1958 Porsche 356A Speedster Hammer price $577.000 
Lot 56 : 2009 RUF CTR3 Hammer price $650.000 
Lot 64 : 1973 Porsche 911 RS Outlaw Estimation $184.800 
Lot 71 : 1989 Porsche 930 Turbo RUF Cabriolet Hammer price $103.600 
Lot 72 : 1963 Porsche 356 Carrera 2 Unsold, highest bid $580.000
Lot 75 : 1990 Porsche 911 Carrera 4 Coupe Hammer price $77.280
Lot 76 : 1979 Porsche 930 Turbo 3.3 Coupe Hammer price $162.400 
Lot 77 : 1997 Porsche 993 Turbo S Hammer price $489.000 +
Lot 78 : 1989 Porsche 911 Carrera Speedster Hammer price $252.000 
Lot 79 : 1996 Porsche 993 Turbo Hammer price $302.000
Lot 80 : 1993 Mercedes-Benz 500E Hammer price $100.800 ++
Lot 81 : 1991 Porsche 911 Carrera 4 Coupe Hammer price $156.800 ++
Lot 82 : 1989 Porsche 911 Slantnose Turbo Cabriolet Hammer price $456.000 ++
Lot 83 : 1988 Porsche 930 Turbo Cabriolet Hammer price $246.400 ++
Lot 92 : 1977 Porsche 911 Carrera 3.0 Targa Hammer price $98.560
Lot 94 : 1973 Porsche 911E 2.4 Coupe Hammer price $106.400
Lot 106 : 1956 Porsche 356A Carrera GS Hammer price $436.750
Lot 107 : 1977 Porsche 911 930 3.0 Turbo Coupe Hammer price $106.400
Lot 110 : 1996 Porsche 911 GT2 Club Sport Hammer price $1.105.000 —
Lot 134 : 1986 Porsche 944 Turbo Unsold, highest bid  $58.000