Bonhams 25 Supercar Collection Sells For $23.4m
On the 29th September, Bonhams raised over $23,435,000 for charity from the sale of a rare 25 supercar collection.
The collection of ultra rare hypercars were seized by Swiss authorities as part of a money-laundering investigation.
The original valuation of the entire collection was $13 million, which the final sale price almost doubled.
The State of Geneva offered the supercar collection for sale without any reserve. All of the final proceeds were to be donated to a charity in Equatorial Guinea.
The auction itself took place in a picturesque setting at the historic 12th century abbey at Bonmont Golf and Country Club. It was the first Bonhams auction to take place in Switzerland in over 10 years.
The highest seller, and highlight of the whole auction was the Lamborghini Veneno.
The initial bid put forward was $3 million, which finally rose to over $8,300,000 for the winning bidder. This broke the world record for the highest ever sale price for a Lamborghini.
The Lamborghini Veneno was only one of nine ever made, is considered the ultimate Lamborghini, and was built to celebrate the Italian manufacturers 50th anniversary.
Other supercars for sale included one of six Koenigsegg One:1, which was promoted by the Swedish manufacturer as the worlds “first mega car” due to its ability to produce over one megawatt of power.
This car had driven only 567km, and fetched $4,606,909.
There was also a super low mileage Ferrari LaFerrari. It only had 621 miles on the clock and sold for $2,188,282.
Another supercar for sale was a 2011 Aston Martin One-77. This was the 35th of a production run of only 77 cars. This carbon fibre and aluminium supercar achieved $1,554,832.
A 2010 Bugatti Veyron 16.4 also sold. With only 3000km on the clock, this supercar sold for $1,312,969.
James Knight, Bonhams Group Motoring Chairman, said: We’re delighted with today’s results. Not only have we raised a considerable sum for charity, we have also established a world record for selling a Lamborghini at auction.
“It has been a busy month for the motoring team with The Bonmont Sale being our fourth auction in as many weeks. Today’s total contributes to this month’s impressive tally of more than £30 million.”