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1959 BMW 507


Chassis number : 70228

BMW 1959 BMW 507 History Specifications
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Sold for $2,150,000 at 2022 Gooding & Company : Amelia Island Auction.
The BMW 503 and 507 were introduced in late 1955 at the Frankfurt Motor Show and although both models were designed by Count Albrecht von Goertz, it was the 507 roadster that stole the show and captured the hearts of showgoers. The roadster had harmonious lines, a classic kidney grille, aggressive rear haunches, and side vents. The lightweight aluminum coachwork was draped over the rigid box frame, four-speed synchromesh gearbox, large Alfin drum brakes, and a robust twin-carburetor V-8 engine.

Production of the 507 commenced in November 1956 and ended in May 1959 after just 254 examples were built.

This particular BMW 507 has resided for much of its life in the garage of its original owner. The car was completed on April 2nd of 1959 and is a late-production Series II model, of which 218 examples were built. It has the revised dashboard layout, a relocated fuel tank that allowed the seats to be moved rearward, and an improved top storage. It originally (and currently) wore Schwarz (Black) with red leather upholstery and factory-equipped with the optional hardtop. Just 15 of the 254 BMW 507s built were originally painted black.

This BMW was delivered to its first owner, Gerhard R. Bold of Philadelphia, Pennsylvania, in May of 1959. Mr. Bold took delivery of the BMW in Germany and then shipped it to the United States aboard the SS Finnboard for delivery in August 1959.

In the early 1970s, Mr. Bold exhibited the BMW at The New Hope Automobile Show in Pennsylvania, and later in the decade, retired it from regular use. Since then, the BMW has sat partially disassembled on Mr. Bold's property. Recently, it was purchased by its current caretaker.

The car is in unrestored and largely original condition. The interior retains its original red leather upholstery and carpeting, and the engine bay houses the original ancillary components.


By Daniel Vaughan | Apr 2022

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2022 Gooding & Company : Amelia Island Auction

Pre-Auction Estimates :
USD $2,000,000-USD $2,400,000 
Sale Price :
USD $2,150,000

1959 BMW 507 Auction Sales

Recent Sales of the BMW 507

(Data based on Model Year 1959 sales)
1959 BMW 507 Roadster
Chassis#: 70242
Sold for USD$1,760,000
  2023 Mecum : Kissimmee
 
1959 BMW 507 SERIES II
Chassis#: 70228
Sold for USD$2,150,000
  2022 Gooding & Company : Amelia Island Auction
1959 BMW 507 image  1959 BMW 507 image  
1959 BMW 507 Series II Roadster
Chassis#: 70205
Sold for USD$1,809,000
  2021 Bonhams : The Scottsdale Auction
 
1959 BMW 507 SERIES II ROADSTER
Chassis#: 70227
Sold for USD$2,442,390
  2020 Bonhams : The Zoute Sale
 
1959 BMW 507 Series II
Chassis#: 70244
Sold for USD$1,815,000
  2015 Gooding & Company - Arizona
1959 BMW 507 image  1959 BMW 507 image  
1959 BMW 507 Roadster
Chassis#: 70203
Sold for USD$990,000
  2012 RM-Automobiles of Arizona
1959 BMW 507 image  1959 BMW 507 image  
1959 BMW 507 Roadster with Hard Top
Chassis#: 70194
Sold for USD$605,133
  2005 Bonhams - Les Grandes Marques a Monaco
 

BMW 507s That Failed To Sell At Auction

1959 BMW 507's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1959 BMW 507 Roadster Series II702412019 RM Sothebys : Paris $2,000,000$2,200,000
1959 BMW 507 Roadster Series II702052015 RM Sotheby's NY Auction : Driven By Distruption $2,300,000$2,600,000

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1959 BMW 507 vehicle thumbnail image  1959 BMW 507 vehicle thumbnail image  

1959 BMW 507 Profiles

1959 BMW 507 vehicle information
Roadster
Chassis #: 70203
1959 BMW 507 vehicle information
Roadster
Chassis #: 70244
1959 BMW 507 vehicle information
Roadster
Chassis #: 70228
Engine #: 40242