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Lamborghini Sale Sets Record at Greenwich Concours Auction

The 1975 Lamborghini Countach LP 400 ‘Periscopica’ sold for $1.2 million at the June 1 Bonhams auction at the Greenwich Concours d'Elegance. Photo: Barbara Heins.
The 1975 Lamborghini Countach LP 400 ‘Periscopica’ sold for $1.2 million at the June 1 Bonhams auction at the Greenwich Concours d'Elegance. Photo: Barbara Heins.

Standing room only crowds packed the Bonhams tent at the 7th annual Greenwich collector motorcar auction with the June 1 sale totaling more than $8 million — thanks in part to a woman in the front row who placed a winning bid of $1.2 million for a 1975 Lamborghini Countach LP 400 ‘Periscopica’.

Whether the electric blue Lambo will be seen zipping around Fairfield or Westchester counties isn't known as the woman, who beat out a dozen phone bidders, preferred to remain anonymous. The final hammer price of the car that has been owned by the same collector since 1978, was $1,210,000 including the 10 percent buyer's premium. The price eclipsed the pre-auction estimate of $450,000 to $550,000 as well as the $836,000 record price for a Lamborghini that was set at another Bonhams auction last August.

Overall, the Bonhams auction at the 19th annual Greenwich Concours d'Elegance sold more than 93 percent of the lots offered.

Other auction highlights included external bonnet latch, flat floor 1961 Jaguar E-Type Series 1 3.8-Liter Roadster, among the first 100 left-drive E-Types built, sold for $335,500 while the one-of-a-kind 1966 Fitch Phoenix, which was Connecticut’s own late, great John Fitch’s unique road-going prototype, sold to a local buyer for $253,000.

Over one hundred collector vehicles crossed the block in the one day sale, attracting bidders worldwide with nearly a dozen countries represented, competing against the knowledgeable and enthusiastic collectors in attendance.  An award-winning 1959 Fiat-Abarth 750 Record Monza Bialbero Coupe sold to a telephone bidder for $203,500 winning against the room, as did a 1959 Jaguar XK150S 3.4-Liter Roadster, also selling for $203,500. 

A 1925 Rolls-Royce Silver Ghost Piccadilly Roadster, previously owned by Pebble Beach Concours d’Elegance founding chairman Alton Walker, sold for $250,000, and the ex-Otto Zipper and William Harrah 1927 Amilcar CGSS Two Seater Sports, sold after an intense volley among bidders present and absentee, for $191,400—a new world record for the model. The brass era 1910 Stoddard Dayton Model 10K Baby Tonneau, sold for $170,500. An unrestored survivor, the 1963 Maserati 3500 GTi Superleggera Coupe sold at $176,000 and a preserved 1973 Volvo 1800ES Sport Wagon with only 13,000 original miles sold for $92,000—a new world record for a Volvo motorcar.

“It was a record turnout at this year’s Greenwich auction,” Rupert Banner, vice president and head of the Bonhams motorcar division East Coast said. “We were pleased to bring this year’s expansive offering of quality motorcars ."    

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