03/10/2011 Bonhams 'Power by BMW', Munich 1 October 2011: Review
It was the rare 1969 BMW 'Spicup' (from ‘Spider’ and ‘Coupé’) that topped Bonhams’ 2011 Munich sale, a ‘Refer Dept.’ car that achieved 460,000 euros.
Carrozzeria Bertone’s late-60s Convertible Coupé concept was a one-off but, unusually for the genre, for many years it served as a Dutch motor dealer’s ‘daily driver’. Repainted in his country’s national colour of orange (replacing its original green), with the multi-coloured interior sprayed(!) black, the intrepid Netherlands trader covered some 100,000 kilometres in the 2.8-litre straight-six-powered device.
In 2008, the current vendor purchased the ‘Spicup’ and embarked on a restoration via Carrozzeria Granturismo in Milan to bring the dramatically styled (by a team that included Giugiaro and Gandini) car back to its former glory (including its in-period green paintwork) - and an impressive price at auction.
Sadly, though, for the Bonhams Europe team, the useful figures achieved by both this concept car and the 1958 Abbate-BMW Sportsboat (172,500 euros, pictured above) failed to translate to other entries in the impressive catalogue. Thirty of the 67 car and motorcycle entries failed to find new owners (with one withdrawal), and none of the headlining competition cars sold on the day.
Those entries that did find buyers included the 1932 BMW 735cc R16 Series 2 motorcycle (33,350 euros), the two F2 cars (the 1975 March-BMW 752 at 36,800 euros and the 1976 TOJ-BMW F201 for 60,950 euros) and 1973 BMW 3.0 CSL, a rare, Series 1, carburettor car which achieved a handy 74,750 euros.
Of the older cars, the 328 did not sell but the 1939 327 Cabriolet went for 143,750 euros and the 1933 303 Cabriolet 54,050.
To see the complete results of the Bonhams 1 October, Munich sale, please click HERE.