An Excelsior – Pneumatic tires advertising poster, German, circa 1904,

Please Note the Buyer's Premium for this auction is as follows:

The final bid (hammer) price of each lot will be subject to a buyer's premium. For MOTOR VEHICLE property the premium is 12% on the first $250,000 of the bid price and 10% on any amount of the bid price exceeding $250,000. For AUTOMOBILIA and other non-motor vehicle property, the premium is 27.5% on the first $12,500 of the bid price, 25% on the amount above $12,500 up to and including $600,000, 20% on the amount above $600,000 up to and including $6,000,000, and 14.5% of any amount which exceeds $6,000,000.

Bonhams will not charge a Buyer's Premium on Benefit Lots 92 to 95.

ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.

If you have any questions about the Conditions of Sale, please contact your nearest client services team.

From 28 June 2025, the import into the EU of non-EU property of a certain age (and in some categories above a certain value) is subject to additional requirements. Under the relevant EU Regulation, it is the Buyer's sole responsibility to assess whether any Lot meets the criteria for import into the EU. The refusal of any required Import License or Importer Statement, or any delay in obtaining such License or Statement shall not give rise to the rescission or cancelation of any Sale, nor allow any delay in making full payment for the Lot.

Payment for AUTOMOBILIA and BENEFIT Lots may be made by (a) cashier's check or money order, (b) personal check with approved credit drawn on a U.S. bank, (c) wire transfer or other immediate bank transfer, (d) cash payment up to $10,000, or (e) by credit card.

Payment for MOTORCAR purchases may be made in or by (a) cashier's check or money order, (b) personal check with approved credit drawn on a U.S. bank, (c) wire transfer or other immediate bank transfer. Please note that cash and credit card payments are not accepted for MOTORCAR lots.

Bonhams encourages contactless payment of invoices prior to collection.

For Automobilia shipments, please contact Client Services to receive a quote for post auction shipment, [email protected].

For information and estimates on domestic and international Motorcar transport as well as export licences please contact the Motorcar Department at [email protected].

, number VI/1087220/1