16th June Christie’s at the Ford Design Center, Michigan Review
Just five days after their London Auction, Christie's presided over the first of the Ford Motor Company's 100th Anniversary Year celebrations with the sale of show and concept creations from Ford's Design Center and from the Ghia carrozzeria.
Some of the prices achieved were remarkable. Take the highest selling car of the auction, the “unabashedly organic” 1992 Ghia Focus Concept. With an estimate of US$100,000 – 200,000, this lot took over US$1.1 million or £753,401. Both the 1997 Mercury MC4 Concept and the 1993 Lagonda Vignale Concept carried estimates of US$60,000 – 120,000, yet the Mercury sold for $645,500 (£439,116) and the Lagonda for $403,500 (£274,490).
Christie’s tells us that every one of the 58 lots in the Michigan auction sold: for a final figure of almost £3 million.
Top Ten Results; Michigan, 16th June 2002(prices in sterling include the buyer's premium and are rounded to the nearest pound)