Classic Auction Review

Classic Auction Review - all you need to know about Classic Car auctions

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Always RHD 1962 Jaguar E Type S1 Roadster with upgrades made mid-estimate £84,000 during latest 68% sold Brightwells Timed-Out sale

E Type Jag demand and prices are holding up surprisingly well as the skipperless UK inflates into recession with a Home Market and Heritage certificate numbers matching 1963 S1 Roadster with factory hardtop and 5-speed box and Coopercraft brakes upgrades making a forecast £84,000 with premium during Brightwells latest £621,340 grossing 3 August internet sale, which ‘Timed-Out’ during a summery Thursday evening.
Water-cooled 911s were also cool with absentee bidders, one of whom paid a correctly estimated £43,165 with premium for a 21,000 miles since 2010 Carrera 2S 3.8 Type 997 Coupe, while 41 bids contested a 33,000 mile 2001 Carrera 2 3.4 Type 996 Cabriolet with hardtop sold for a within-guide £21,400.
Bid to £29,500 at the time, an only just below lower estimate £33,320 including the Herefordshire auctioneers 12% buyer’s premium, secured a 1990s restored 1973 Lotus Elan Sprint with original Big Valve motor that reportedly had been extensively recommissioned after 16 years storage.
A thought to have done 28,982 mileage 1970 Elan +2S with replacement galvanised chassis and some minor cosmetic imperfections had been driven to market to cost the 7th bidder a below estimate £12,779.
There were 14 bids for a 1999 Rolls-Royce Silver Seraph V12 with 15 stamps for 90,000 mileage raised an estimated £20,720 and 16 for a 1990 Bentley Mulsanne S a within guide band £14,448.
In the heart of Land Rover country, on the site where the largest 4x4 sales in Europe were held before economy-destroying lockdowns screwed both present and future, Land Rovers transacted here included a 1989 90 2.5 petrol with hardtop sold for £15,120, while a 1956 88 S1 2.0 petrol with truck-cab towing a Brockenhouse or Sankey trailer picked up 41 bids until virtually hammered for a more than forecast £14,283.
20 bids contested a  Dove’s of Wimbledon supplied in 1962 and 2004 body-off restored Triumph TR4 2138cc with overdrive on wires until sold for £15,680. A freshly restored by Welsh Borders panel beater 1970 former US-spec TR6 2.5 No Reservist on wires with RHD-conversion pulled 31 bids until a winner had paid £12,733.
A £11,199 with premium 1965 MGB Roadster with Ivor Searle unleaded motor and overdrive had been vendor owned since 1986 and restored around a new in 2004 Heritage shell. 
Whereas there were no bidders prepared to meet or better the reserves of a £95,000-98,000 guided 1950 Healey Silverstone D Type with Wade supercharged Riley 2.4 and front discs, which ran out of road with £71,500 on screen. A really well presented £80,000-100,000 1934 Lagonda Tourer for four with 3.2 underbonnet was also unsold at £68,000, while a £63,000-75,000 1923 Vauxhall OD 23-60 4.0 Kington Tourer that had been ground-up restored fell short with an insufficient £55,000 on screen.
For In what clearly is becoming a perfect storm in the real economy, 32 of what are unnecessary motor cars failed to sell 'live' or post-sale before bidders' mice had cooled. 
A 1924, so very early, Austin Seven Sports in Bright Blue from a deceased estate is well known in the VSCC did sell however for £19,600, only just under the £20,000-22,000 sought.
And by the time bidding time had run out and follow up calls had petered out, there were new keepers for 68 or 68% of the 100 cars, all of which could be physically viewed by potential bidders within the Leominster firm’s viewing sheds, and a premium-inclusive average of £9,137 had been invested in the future of each classic bought.
The next Brightwells on-line auction for Classic Cars will be determined every few minutes during the 14 September evening, by when wise vendors reserves will be even keener, while several rows of Classic Bikes will Time-Out during 15 September evening. Entries for both sales can be accommodated by the Brightwells team until their 2 September closing date.
May the bid be with you, wherever you might be at the time. Your Reviewer will almost certainly have relocated to the Red Lion to monitor the prices on the i-phone. RH-E

You can check out all recent Sale Reviews, by selecting ‘More News’ below (or select ‘News’ on the Home Page menu-bar options above) and scroll-down to scan all recent reality posts on the collector vehicle market.
 
 

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Welcome to truly independent market analysis that is refreshingly free from advertiser influence. A one-stop site that aims to do exactly what it says in the title. Review classic auctions to highlight which cars are selling, for how much and, most importantly, why. But also do so entirely free of charge.

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  • C.A.R. BACKED FORMULA FORDS CONTINUE THEIR STRONG START TO 2022

    Following their early season successes, the C.A.R. backed and Wayne Poole Racing run Formula Fords have continued to run at the front.

    Josh Fisher in the Van Diemen JL14 (pictured above by Phil Johnson) took a pair of wins at Castle Combe on May 2 ahead of stiff competition including brother, Felix, in the TM Racing Ray and Luke Cooper in the works Swift.

    Ben Mitchell backed up Josh in the 'historic' Merlyn MK20, (pictured above by Phil Johnson) and not only started both races from Class pole but won both with fastest lap on each occasion.

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    Once again, C.A.R. would like to thank the whole WPR team for preparing and running the cars to such a high standard. CB

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