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1
42,000 GBP
GBP
70,000 - 90,000 GBP
Live auction
Lot closed
Lot location
London
Very scarce Paris 1900 Olympic Games 'Concours d'Automobiles' gold winner's prize medal plaque awarded to Mr Emile Delahaye (1843-1905) for the four-seater touring cars (>400kg.), by Frederic Vernon (1858-1912) awarded for an automobile motoring event held in conjunction with the 1900 Exposition Universelle although deemed 'unofficial' as part of the Paris 1900 Olympiad, rectangular, struck with design in relief to both sides, the obverse bearing text REPUBLIQUE FRANÇAISE PARIS 1900 EXPOSITION UNIVERSELLE and an image of the winged Goddess of Victory Nike, against a Paris cityscape, and scattering laurel leaves, with sculptor's name F VERNON to lower right corner, the reverse struck with image of a victorious ancient Greek Olympic athlete on a podium against an Athenian cityscape, inscribed with text to lower edge CONCOURS D'AUTOMOBILES, stamped with French Assay mark and OR to lower edge, 58 by 41cm., in fitted case, stamped gilt Mr. DELAHAYEFrance, who would host the 1900 Olympic Games, was the country where motorsport first developed. In 1894, a reliability competition was organised between Paris and Rouen with a FFR 5,000 prize. The next year, the first race in which speed played the major role was contested. The forerunner of what would later become l'Automobile Club de France (ACF) organised a race from Paris to Bordeaux and back. The winner was Émile Levassor, driving a Panhard-Levassor car, although he was disqualified as thes car didn't have the required number of seats. The Paris-Bordeaux-Paris race also saw an entry by Andre Michelin, who was the first to equip his car with pneumatic tyres.That same year, races were also organised in Italy and in the United States. The so-called 'city to city' racing grew in popularity. In the following years, the ACF organised Paris-Marseille-Paris (1896), Paris-Amsterdam-Paris (1898), Le Tour de France (1899), Paris-Toulouse-Paris (1900), Paris-Berlin (1901) and Paris-Vienna (1902). The 1903 race, Paris-Madrid, would be the last in this row. The event was stopped after several accidents killed eight people, and the French government subsequently banned motor racing on public roads. In 1900, another famous series of annual races was initiated. American businessman James Gordon Bennett came up with the idea of a race in which each national automobile club could enter three cars. Although the Gordon Bennett Trophies only lasted until 1905, they were the first true international racing series.At the 1900 Paris Olympic Games 16 events for automobiles and motorcycles were contested. These events can be divided into two groups. The first group consists of the aforementioned Paris-Toulouse-Paris race. This race, which featured cars, voiturettes and motorcycles, can best be compared to a present-day rally: the event was conducted on open roads, held in various stages, and the race was against the clock, not directly against opponents. The second group consisted of reliability contests organised in six different categories, some of them containing subcategories.What is being offered here at the auction is a gold winner's medal. It was awarded to Mr Emile Delahaye (1843-1905) for the victory of his company's car (driver unknown) in the event for four-seater touring cars greater than 400kg. These solid 22k. gold medals are extremely scarce. The vast majority of winners at the 1900 Paris Games received examples in silver-gilt. The IOC Olympic Museum in Lausanne has one solid gold example, also awarded for motor racing; whilst significantly less than a handful are known to be in private collections around the world, including examples for gymnastics and water polo.Delahaye was an automotive manufacturing company founded by Emile Delahaye in 1894 in his home town of Tours in central-west France. His Type 1 car was an instant success, and he urgently needed investment capital and a larger manufacturing facility. Both were provided by a new Delahaye owner and fellow racer, George Morane, and his brother-in-law Leon Desmarais, who partnered with Émile in the incorporation of the new automotive company, "Societe Des Automobiles Delahaye."Delahaye's involvement in motor sport was from these very formative years and in 1896 he entered two cars for the Paris-Marseille-Paris race, driving one of them himself into eighth place. Success then followed in 1897 with a win in the six-seater class at the Paris-Dieppe, the car racing with a full complement of passengers.At this same period, however, the founder's health was beginning to fail. A year after the enjoyment of his Olympic Games success, Emile resigned from the business due to his incapacity to continue and he sold his shares equally to his two business partners. He died in 1905, and with his death came the end of the company's involvement in motor racing. Delahaye became focused in the markets of heavy commercial vehicles and fire engines. The Delahaye brand finally disappeared in 1956, with their facilities absorbed by the giant Brandt organisation.
Sporting Memorabilia (21st & 22nd May 2018)
Live
Venue address
Sotheby's
34-35 New Bond Street
London
W1A 2AA
United Kingdom
Sporting Memorabilia (21st & 22nd May 2018)

Football, Olympic Games, Horse Racing, Polo, Boxing, Cricket, Golf, Tennis, Motor Sport, Rugby and other sports

Auction dates
21 May 2018 10:30 BST
Lots: 1 to 694
22 May 2018 10:30 BST
Lots: 695 to 1400
Viewing dates
20 May 2018 12:00 - 17:00 BST
21 May 2018 09:00 - 17:00 BST
22 May 2018 09:00 - 17:00 BST
Auction currency
GBP
Accepted cards

STORAGE, COLLECTION AND SHIPPING LOGISTICS

Payments in person can be made in the saleroom on the day of the auction and on receipt of cleared funds, lots can be collected from the saleroom during the auction or immediately after its completion.

Thereafter, all purchase lots will be transferred to Graham Budd Auctions' storage facility in Enfield, north London. Please contact the auctioneer for full details. All collections are strictly by pre-arranged appointment. Alternatively, we can organise packing for postage and shipping on a worldwide basis. Please contact us for a quote. Buyers are reminded that it is their responsibility to comply with UK export regulations and with any local import requirements.

IMPORTANT INFORMATION FOR BIDDERS & BUYERS

 

Conditions of Business
All lots are offered subject to Graham Budd Auctions Ltd's Conditions of Business which you can view here.

Estimates and Reserves
Estimates are published as a guide only and are subject to review. The actual hammer price of a lot may be higher or lower than the range of figures given and there are no predetermined starting prices. Estimates can be subject to revision in which case a saleroom notice will be posted. The estimates are exclusive of buyer’s premium and VAT. 

All lots are subject to reserves. The reserve price is never set higher than the low pre-sale estimate. 

Buyer’s Premium & VAT
A buyer’s premium (BP) of 20.5% is applicable to all lots in this sale when bidding with Graham Budd Auctions via the-saleroom.com. This is exclusive of VAT (sales tax).

The majority of lots in the auction are offered under the Auctioneer’s Margin Scheme (AMS) and as such BP is subject to VAT (currently set at a rate of 20% in the UK). The invoice total for the majority of lots will be therefore be the hammer price + 24.6% inclusive of VAT.

Under VAT rules some lots are deemed to be zero rated (ZR) for VAT purposes, such as books, programmes, magazines, newspapers etc. The invoice total for ZR lots will be therefore be the hammer price + 20.5%. 

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If a non-European Union (EU) buyer instructs the auctioneer to export a purchased lot outside of the EU, then the auctioneer can demonstrate proof of export and is thereby authorised to remove the VAT from the buyer’s invoice. If however the buyer is handling the export in person or through an instructed shipper outside the control of the auctioneer, the VAT will have to be paid and then reclaimed by the buyer or the buyer’s shipper at the port of departure. Buyers are reminded that it is their responsibility to comply with UK export regulations and with any local import requirements.  

Artist's Resale Rights
Some lots may be subject to artist's resale rights and if so will be indicated at lot level. Purchase of these lots will be subject to the payment of an Artist's Resale Right, at a percentage of the hammer price calculated as follow:
Portion of the hammer price (in Euros) Royalty Rate
Under 1,000 Nil
1,000-50,000 4%
50,000-200,000 3%
For further information on Artist's Resale Rights see Design and Artists Copyright Society (DACS) website www.dacs.org.uk

 

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Our sales are held at Sotheby’s auction room, 34-35 New Bond Street, London, W1A 2AA. Our auctions are also on public view prior to and for the duration of the auction. Full details can be found in the general information section for the sale.

 

Condition Reports
All prospective bidders are encouraged to attend the exhibition and view lots in person. If this is not possible, however, we will be pleased to provide condition reports on lots where practical. All condition reports are provided in good faith. Buyers are reminded that it is their responsibility to satisfy themselves over the condition of lots (refer to Conditions of Business paragraphs 3 a & b). 

 

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In completing the bidder registration at the-saleroom.com you will be required to provide your credit card details. If you are a successful bidder you do not have to use the registered card as your method of payment (a full list of payment methods follow). However, if you do not advise the auctioneer of an alternative payment arrangement by registering your card at the-saleroom.com you authorise Graham Budd Auctions Ltd, if they so wish, to charge the credit card given in part or full payment, including all fees, for items successfully purchased online at the auction. By registering at the-saleroom.com you also confirm that you are authorised to provide these credit card details to Graham Budd Auctions Ltd and agree that Graham Budd Auctions Ltd are entitled to ship the goods to the card holder name and card holder address provided in fulfilment of the sale

 

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Payment is due in sterling immediately upon the issue of the invoice. In all cases and without exception purchases cannot be released until the auctioneer is in receipt of cleared funds.

 

Graham Budd Auctions Ltd welcome the following Methods of Payment: 

Electronic transfer sent directly to our bank

The details will be included in the email invoice to the successful buyer

Online payment with STRIPE

Clients who register an account with Graham Budd Auctions at our website can take advantage of paying securely and free online with STRIPE. 

Paypal

Payment can be made by Paypal 

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Sterling Bankers Draft if Building Society Cheque

Drawn on a recognised UK bank or building society. Plese note that we require seven days to clear sterling cheques where the amount exceeds the cheque card guarantee limit, unless special arrangements have been made with the auctioneer in advance of the sale, normally the presentation of a letter of guarantee from your bank. We always reserve the right to hold goods until a cheque is cleared. 

Cash

Cash payments will not be accepted above £6,000. 

 

STORAGE, COLLECTION AND SHIPPING LOGISTICS 

Payments in person can be made in the saleroom on the day of the auction and on receipt of cleared funds, lots can be collected from the saleroom during the auction or immediately after its completion. 

Thereafter, all purchase lots will be transferred to Graham Budd Auctions' storage facility in Enfield, north London. Please contact the auctioneer for full details. All collections are strictly by pre-arranged appointment. Alternatively, we can organise packing for postage and shipping on a worldwide basis. Please contact us for a quote. Buyers are reminded that it is their responsibility to comply with UK export regulations and with any local import requirements. 

Conduct of the Auction 

The auctioneer will commence the bidding at the “starting bid” as published in the auction catalogue and advance the bidding in such increments as he considers appropriate. The contract between the buyer and the seller is concluded on the striking of the auctioneer’s hammer. The auctioneer shall have discretion to refuse bids, withdraw or re-offer for lots for sale (including after the fall of the hammer) if he believes that there may have been an error or dispute, and may also take such other action as he reasonably deems necessary. Title in a lot will not pass to the buyer until GBA has received the purchase price in cleared funds. 

Remedies for non-payment 

Without prejudice to any rights that the seller may have, if the buyer fails to make payment for the lot, GBA may in its sole discretion exercise one or more of the following remedies:- 

(a) cancel the sale of the lot; 

(b) charge interest at 4% per annum above The Bank of England’s Base Rate from the payment date to the date that the purchase price is received in cleared funds; 

(c) re-sell the lot by auction or privately, with the new sale price at GBA’s discretion, in which case the buyer will be liable for any shortfall between the original purchase price and the amount achieved on re-sale; 

(d) commence legal proceedings to recover the purchase price for the lot, plus interest and legal costs; 

(e) disclose the Buyer’s details to the seller to enable the seller to commence legal proceedings. 

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Miscellaneous 

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b) These Conditions of Business shall be interpreted in accordance with English Law, under the exclusive jurisdiction of the English Courts, in favour of GBA.

SESSION ONE

Monday 21st of May

Starting at 10.30am 

 

 

SESSION TWO

Monday 21st of May

Starting at 2.30pm

 

SESSION THREE

Tuesday 22nd May

Starting at 10.30am

 

SESSION FOUR

Tuesday 22nd May

Starting at 2.30pm