$2.64m (£2.14m) Ferrari Enzo becomes highest priced classic to sell at On-Line Only Auction and $2.31m (£1.77m) i-bid buys 288 GTO
RM Sotheby’s first-ever classics auction specifically curated by its specialists for their On-Line Only platform grossed $16.31m (£13,142,160 with premium). After bidding time had run out, 115 or 60% of the 193 collector grade automobiles offered had sold and an average of £114,280 had been spent per classic.
The one week 21-29 May 2020 process saw sales led by an as-new 2003 Ferrari Enzo, which achieved $2,640,000 (£2,138,400 with premium) to become the most valuable car sold in a dedicated On-Line Only collector car auction to date (the heading image by Karissa Hosek © 2020 Courtesy of RM Sotheby's)
One of 400 built, Enzo chassis 13303 had been previously owned by two California-based enthusiasts, having resided within the first owner’s collection until 2018. The hypercar packed an impressive amount of power thanks to its purpose-built Tipo F140B 651 bhp V12, which rocket-launches two groundnauts to 60 mph from standstill in just 3.3 seconds with 218 mph top speed potential. Regularly serviced and only exercised for 1,250 miles, the still as-new supercar had been optioned with rare two-tone racing seats with red 3D cloth inserts.
Additionally, the Friday session saw a 1985 Ferrari 288 GTO sell for $2,310,000 (£1,871,100). Optioned with factory air con and electric windows, the race-bred 23,550k FHC in Red, of course, had been originally delivered to well-known Ferrari collector Hartmut Ibing and had changed hands only twice before being auctioned On-Line.
Thursday’s sale headliners were a 2017 Ford GT in Triple Yellow with Lightning Blue stripes, which achieved a final $836,000 (£677,160) and a beautifully restored, matching-numbers, one-of-50 1958 Ferrari 250 GT Coupes with rare coachwork by Ellena, which sold for $671,000 (£543,510). While an essentially brand new 2020 Ferrari 488 Pista Spider, stunningly specified, highly optioned and showing less than 90 miles, fetched $605,000 (£490,050).
As an antidote to the world leading coronavirus death toll in the largest market for classics and much reactive rioting in cities across the US to televised police homicide in Minneapolis, this sale, and these confidence-inducing valuations, did at least provide some much needed escapism for socially-distanced petrol heads most of whom have only been able to take exercise on their computers. RH-E
Be aware that the most accurate reality check on what is really being paid for classics behind closed doors in the virtual world of on-line auctions can be yours, entirely free of charge, by clicking on to ‘Latest Prices’ (during April) on the home page menu-bar above. The May prices will be input shortly.
Here you will see, in budget-friendly price order, how much successful bidders have spent to own what models, an abbreviated indicator for which gives you some idea of their likely condition.
And for much the fastest insider gen on the virus-changing auctions circuit, best advice is click onto ‘More News’ below (or select ‘News’ on the menu-bar options) and scroll-down to scan recent transmissions.
1984 Peugeot 205 T16 Group B rallied to £337k UK i-sale record in Silverstone Auctions first 'live' on-line only £4.6m 88% sold afternoon
Locally built by Peugeot Sport UK in Coventry in 1984 for the late American Real Estate Developer Jon Woodner to rally in the US 1984/88, and subsequently rebuilt and upgraded in New Zealand early this century, Peugeot 205 Turbo 16 Group B chassis S007 inspired the longest internet versus telephones auction ever personally witnessed.
To the accompaniment of much applause from the telephone bids operators, Jonathan Humbert’s gavel finally crashed down at £306,000, costing the winning telephone contestant £336,600 including premium Saturday 23 May.
Streamed to a Zoom Conference for 'Rallying With Group B' members, the perfectly targeted audience participating in the Zoom hook-up alone had been a quite extraordinary 306 by hammer fall.
For one definite fact of lockdown life to be learned from this behind closed doors valuation was that even with no events taking place for big boys and girls to play with their toys in public places, fully working Group B cars with period history can still pull strongly in what is currently a futures only market.
Consigned cars for this i-sale had been comprehensively photographed, video-promoted, by drone in some cases, and physically viewed by appointment iduring preceding days at a nearby farm facility. In the internet-screened saleroom, all lots were then described ‘live’ by Head of House at Silverstone Auctions Nick Whale before being auctioned by regular bids umpire auctioneer Jonathan Humbert.
Even though no punters could be physically present in the room, bids were nonetheless plentiful and had to be fielded from those on the commission book, made via several telephone tables manned by socially-distanced Silverstone Auctions specialists as well as from international mice clicking away remotely on the proxibid and saleroom bidding platforms.
Some initial on-line overload apart, which resulted in a brief pause in i-proceedings, play quickly resumed and the match ran (without a tea interval for their team!) until stumps were removed after a very long innings at just after 7pm.
Another strong performance was the GT 40 built by the late Terry Drury, who was involved with the development of the GT40 whilst working at Ford Advanced Vehicles. Constructed 2017/18 as a homage to chassis 1005 and 1073 that Terry raced at Monza, Brands, the Nurburgring and Spa just over 50 years ago, the ‘works’ 302ci Gurney-Weslake V8 propelled GT with ZF Le Mans transmission was in effect the real 1968 GT40 experience for the £308,000 paid.
The afternoon’s highest priced seller however was actually a D Type Jag ‘Short Nose Recreation’ with period-correct 3.4 dry-sump motor fed by triple Webers and genuine D Type all-synchro box within a 1962 E Type donor ID. Catalogued as ‘a tool room copy’ with some claimed to be original and now unobtainable D Type parts, the result of ‘a collaboration in 2005 between Jerry Booen and David Duffy’, the VTK 705 registered icon was eventually contested by two clearly determined telephone bidders until hammer fall at £390,500 including premium. Very serious dough for any D Type Rep, however well baked.
The Best of the Rest
Other top tenners included a right-hand drive Ferrari 512BBi, driven just 21,000 miles by one family owned since new in 1982, which £189,200 and an apparently really well recreated Porsche 911 2.7 RS that had been a 1971 911 D Series in a previous life £161,700, way over estimate. A not insignificant £159,500 meanwhile was forthcoming for a 10,500 mile 1984 Aston Martin V8 Series 4 ‘Oscar India’ auto from one registered ownership.
Jay Kay’s 1972 BMW 3.0 CSL E9, which the auctioneers reckoned was the best they had ever seen, was dispersed for £151,200 and £92,950 was required to land the Jamiroquai frontman’s closed road or track ready 1987 BMW M3 E30 in Competition-spec. A 12,700 mile 2010 Mercedes-Benz SLS AMG Gullwing flapped away into new ownership for £132,000 and a £97,500 secured a 1973 BMW 3.0 CSL ‘Batmobile’ Group 2 Evocation.
Two other performances were particularly noteworthy. A 1961 Jaguar Mk2 3.8 manual with overdrive and a veriable 20,400 total mileage achieved a double guide £93,500, which was close to a world record for a Mk2 road car - and a fire-damaged Facel Vega HK500 project, once driven by Quentin W during his Top Gear days, raised a cool £63,500 from somebody with long-term vision!
Registered bidders competed for cars from Evesham to Poole, from Banbury to Bristol, from Amersham to Bude, from County Tyrone to Salzburg, even from Singapore. The first tranche of 16 largely non-running lots were being dispersed from a large, but dormant Midland cache and all sold out for £585,200 in an impressive warm-up act which certainly helped to boost the live show’s ratings on the internet.
The Numbers Crunched
Fuller analysis of prices paid for all 76 cars hammered away by curtain fall – 13% of them No Reservists, which were going to sell anyway – shows that 61 of them, 80% of those sold, did so for within or above their pre-sale estimates. Indeed such was the level of absentee bidder interest in the cars on offer that 25 even made more than top estimate money, whereas only 7 cars, just 9%, went for below their guide prices.
After a couple of post-sale deals had been done and only 10 car lots were unsold, the percentage sold rate achieved was 88%, surely impressive with what’s left of the economy well below basement floor levels, while the more than 5 hour sale total reached £4,623,820 with premium and an average of £60,840 had been spent per motor car during the highest grossing auction in the UK of coronavirus year so far.
One has to conclude therefore that for those 76 buyers who chose to bravely invest in classic stock during pandemic paralysis, collector cars are preferable to depreciating cash without interest in their banks, building societies or other bottomless pits. RH-E
Be aware that the most accurate reality check on what is really being paid for classics behind closed doors in the virtual world of on-line auctions can be yours, entirely free of charge, by clicking on to ‘Latest Prices’ (during April) on the home page menu-bar above.
Here you will see, in budget-friendly price order, how much successful bidders have spent to own what models, an abbreviated indicator for which gives you some idea of their likely condition.
And for much the fastest insider gen on the virus-changing auctions circuit, best advice is click onto ‘More News’ below (or select ‘News’ on the menu-bar options) and scroll-down to scan recent transmissions.
Ferrari supercar trio headline among over 200 classics crossing virtual auction block at RM Sotheby’s On-Line, where bids close 28-29 May
The 2003 Ferrari Enzo, one of just 400 examples ever built, comes to market from just two California collector owners from new. Powered by the Tipo F140B V-12 engine developing 651bhp, if ever released from storage captivity, this Enzo has the potential of reaching 60 mph from standstill in just 3.3 seconds and doing 218 mph, purely academic for most licence holders.
Optioned with the very rare two-tone racing seats with red 3D cloth inserts, and only exposed to flying bugs in the real world for less than 1,250 miles, one of the hottest properties on wheels seeks a third guardian with $2,600,000-2,900,000 (£2,106,000-2,349,000).
A similarly successful absentee bidder will also need a cool $2,500,000-2,750,000 (£2,025,000-2,227,500) to land the Classiche-certified 1995 Ferrari F50, the second example of just 349 built, while a rare, race-bred 1985 Ferrari 288 GTO featured in a You Tube driving promo, has been estimated at a racey $2,200,000-2,400,000 (£1,782,000-1,944,000).
“The Ferrari Enzo is a fantastic addition to our Driving into Summer auction, which has been specifically curated with cars best suited to the Online Only platform,” comments Gord Duff, Global Head of Auctions, RM Sotheby’s. “The line-up of Ferrari hypercars is certainly the most valuable and significant group to be offered in a dedicated online auction, there are cars for all tastes and budgets in the sale and we invite collectors around the world to check out the easy-to-use platform.”
For the North American market leaders, this ‘Driving into Summer’ billed internet auction is the company’s first collector automobile sale specifically curated by its team of specialists for their rmsotheby’s.com online only platform, where bidding opened 11am ET Thursday 21 May with staggered closing beginning 11am ET 28 and concluding 29 May.
A 1958 Ferrari 250 GT Coupe by Pinin Farina, retaining its original numbers-matching engine and presented in original Grigio Conchiglia over Blu Connolly leather, has special exhaust guards, custom Ferrari emblem and lettering on the bonnet, as well as a unique instrument and dashboard configuration, and both bonnet panel and boot in glassfibre, one of Ferrari’s first cars to utilize composite material. Sold new to one of the owners of the Johnnie Walker whisky importer for Italy and 60 years after being displayed at the 1960 Chicago Auto Show, the unique-spec 250GT could sell on the internet for $575,000-675,000 (£465,750-546,750).
A black-over-black 2001 Ferrari 550 Barchetta, one of 448 built and equipped with the rare carbonfibre hardtop and six-speed manual box has been estimated at $280,000-320,000 (£2,268,000-2,592,000). An as-new 2018 Lamborghini Aventador SVJ, one of just 800 produced worldwide, equipped with an impressive 770-hp 6.5-liter, naturally aspirated V-12 engine and having travelled a mere 295 miles might make 450,000-550,000 (£3,645,000-445,500).
$525,000-625,000 (£425,250-506,250) is required for a 2020 Ferrari 488 Pista Spider, the company’s highest-ever performing Ferrari Spider, optioned in black with red racing stripe and with less than 100 miles on the clock. Whilst produced in RS Green finish, an extremely rare 2008 Porsche 911 GT3 RS equipped with the Chrono Package Plus, adding even more performance capabilities, and showing approximately 9,100 miles could cost a lucky mouser $175,000-225,000 (£141,750-182,250).
Offered from a Southern California collector, a 1952 Jaguar XK 120 Roadster, fully restored by a marque specialist with numerous upgrades made for extended driving and rallying, and accompanied by a JDHT certificate could sell for $100,000-125,000 (£81,000-101,250). $70,000-90,000 (£56.70072,900) meanwhile is predicted for a ‘No Reserve’ 1975 Ferrari Dino 308 GT4 ‘Safari’ with matching numbers, still original engine and transmission, and recently upgraded to off-road “Safari’ spec. Whilst $55,000-70,000 (£44,550-56,700) is sought for a rare, Japanese-delivered 1992 Mazda RX-7 Efini Type-R, with just 9,160k on the clock.
Bidder registration is currently open for this sale and requires very simple steps to complete. RM Sotheby’s Client Service team is ready to assist interested bidders with any part of the account creation or registration process. Additional information on “How Bidding Works” will appear on each lot page once the lot is live and when clients are logged in as registered bidders. Responses to frequently asked questions are also available, while interested bidders are also invited to contact an RM Sotheby’s car specialist should they wish to discuss cars of interest. Additional information is available at www.rmsothebys.com.
With the glut of internet auctions, voyeurs will just have to wait and see exactly how much hard currency there is out there to buy the most auction cars that have ever been offered on-line. As ever, of course, it is the market makers at the time that establish current values.
Market watchers without vested interests - such as this C.A.R. website - will report back on which classics are selling and how much is being paid for them in what we are constantly being told by the sage likes of the Governor of the Bank of England and the Chancellor of The Exchequer with unlimited credit is an economy plummeting headlong into the worst recession since economic history began.
We shall all have to wait and see whether the doom mongers turn out to be right or whether a global bounce-back turns trading screen from red to green and champagne can again be guzzled. Keep the faith. RH-E
Be aware that the most accurate reality check on what is really being paid for classics behind closed doors in the virtual world of on-line auctions can be yours, entirely free of charge, by clicking on to ‘Latest Prices’ on the home page menu-bar above.
Here you will see, in budget-friendly price order, how much successful bidders have spent to own what models, an abbreviated indicator for which gives you some idea of their likely condition.
And for all the very latest (and much the fastest) insider gen on the virus-changing auctions circuit, best advice is click onto ‘More News’ below (or select ‘News’ on the menu-bar options) and scroll-down to scan recent transmissions.
Market leading 90% of classics, 43% from 1990s and early 2000s, sold for nearly £900k during The Market’s internet auction in April
The Abingdon firm’s top seller on-line during April was an always right-hand drive 1963 Jaguar E Type S1 3.8 Roadster in described to be in very good restored condition with subtle upgrades, including an all-synchro 5-speed box, which timed-out at £99,000, virtually the low estimate.
In second place was a 21,744 miles since 1997 and forever cool Porsche 911 Type 993 Carrera 2S 3.6 Manual, turbo-bodied, wide-hipped with 6 forward gears to play with, for which a below guide £90,000 was accepted. Recently restored, an ex-US 1964 Jaguar E Type S1 3.8 FHC left hooker with matching numbers had been consigned ‘Without Reserve’, but made a within forecast £68,000.
A 22,800 mile 2004 Aston Martin Vanquish, strictly for two with awesome 6.0 V12 under-bonnet, had been driven only 22,800 miles and largely stored for £51,002, and a more than top estimate £44,750 was required to own a hooded 2007 4.3 V8 Vantage Roadster.
The stats for the month show that only 4 cars auctioned were unsold, while 31% of the 42 cars offered had been consigned ‘Without Reserve’, so were going to sell anyway. The buyers of the 38 cars that sold, a market-leading 90% sale rate of the 42 offered on the platform during April, spent £882,635 (without premium, because none is charged), an average of £23,227 per classic.
58% of cars sold did so for within estimate sums, 10% made more than top estimate money and the vendors of 32% of cars were prepared to accept less than had been forecast.
A 1956 Rolls-Royce Silver sold for a below estimate £32,000 was the oldest car in the sale and the only entry from the 1950s, now more than six decades ago. By contrast, 11 or 26% of the cars auctioned were from the 1960s, statistically still the most pop era for vendors and, more importantly, buyers.
The 1970s meanwhile accounted for 9 entries, 21% of those entered, the 1980s for 3 cars, 7%, the 1990s for 10 cars, 24% of the total, and the early 2000s 8 cars, a 19% share of the auction entry. The 1990s and 2000s therefore accounted for 43% of the cars transacted.
For despite the more than 36,000 'official' total (so far) of our fellow citizens being cruelly culled by the imported virus (a clear European leading stat!), and not forgetting the reactive destruction of the economy by the London-centric leadership and their considered lockdown of most private enterprises...The Market has at least proved that many prices are holding up remarkably well and there really is still a market out there. RH-E
Be aware that the most accurate reality check on what is really being paid for classics behind closed doors in the virtual world of on-line auctions can be yours, entirely free of charge, by clicking on to ‘Latest Prices’ on the home page menu-bar above.
Also, latest details of which auctions are actually taking place - and, importantly, in what formats - can be found within 'Upcoming Auctions', again accessible via the Home Page menu bar.
22 dusty classic bikes dragged out of Cornish barn found new riders on-line during £240k 57% sold Charterhouse sale behind closed doors
A record 500 enthusiasts registered to bid for the West Country firm’s specialist classic motorcycle auction Wednesday 6 May 2020, absentee buyers operating their mice not only around the UK, but also in the Isle of Man, the US and Australia.
The entire barn-preserved cache from a Cornish barn sold out for nearly £70,000, led by a Banbury Run eligible 1921 Royal Enfield V-Twin Flat Tank won by an internet player with a bid of £11,600, £13,108 including premium, versus a telephone bidder.
The earliest bike from the same source was a 109 year old Bradbury of 1911 vintage with a wicker-sidecar that a commission bidder just missed out securing having been overtaken by a winning on-line bid of £8600, costing £9718 with premium. Whereas a likely to be unrepeatable collection of Isle of Man TT course signs and memorabilia was acquired by a museum on the Isle of Man for £18,080.
A 1960 Rob North Trident replica raised the required £15,820 and an incomplete Manx rolling frame by Tony Dunnell without Norton engine or box was taken on for £9379. The same money bought a Steve Machin raced 1969/70 Yamaha TR2B and a 1985 TZ 250 N gained a new rider for £7910. Velocette Venoms changing sheds included a 1963 Clubman sold for £9492, a 1959 model for £7910 and a 1961 for £7119.
A George ‘James Bond’ Lazenby ridden 1969 BSA Rocket III failed to find the £25,000-30,000 sought, one of 38 unsold bikes from the 88 offered, 50 of which fetched £233,959 including the 13% premium (if bought on-line, 12% by telephone).
For house principal Richard Bromell, this fixture was a first. “Having worked in auctioneering for 35 years, it was a first to conduct an auction behind closed doors with just staff observing social-distancing for company,” the auctioneer told C.A.R. The Sherborne firm’s next internet sale for classics will be for cars Saturday 30 May. RH-E
For all the very latest (and much the fastest) insider gen on the virus-changing auctions circuit, click onto ‘More News’ below (or select ‘News’ on the menu-bar options) and scroll-down to check out recent transmissions.
H&H sell 44 classics for £520,648 with premium during 70% sold afternoon on internet, their fourth on-line sale during Covid-19 lockdown
The behind closed-doors Wednesday 29 April 2002 afternoon session, without a motor car or a member of the public present in person, attracted 387 on-line bidders who had registered to do so from as afield as California and New Zealand, 48% of these absentee participants new to the auction house.
Some preferred to leave commission bids on the book, others played by telephone. Although those who had tuned in to the auction firm's website however did struggle with the quality of the sound from the auctioneer's microphone which was barely audible at times.
One of the muscular headliners, a Dodge Charger ‘Vanishing Point’ Movie Tribute Car failed to vanish under Chairman Simon Hope’s gavel however, running out of revs at £45,000, unacceptable to the vendor, although a very 'Fast Ford' from the US, a 1967 Mustang 390 GT Fastback, did convincingly lead the field with a 12.5% premium-inclusive £61,875 result.
“If you are a fan of the model of Mustang immortalised by Steve McQueen’s Lieutenant of Frank Bullitt, then you’ll be blown away by ‘YTA 488E, which is without question the best 390 GT we have ever seen”, Damian Jones, Head of Sales for H&H told us.
By end of play, 5 No Reservists were going to sell anyway, which they did, and 23 more cars sold under the gavel, while 21 ‘provisional’ bids were successfully converted into what added up to a 44 car, 70% sold, £520,648 sale total with premium, an average of £11,833 spent per car bought.
Impressively, nine cars exceeded their top estimates, including an older restored, an ex-US lhd 1970 Jaguar E Type 4.2 S2 Roadster with hardtop from same family ownership for the past 19 years that sold for £49,500. A 99,000 miles from new in 1996 Ferrari 456GT also made £34,875. One of 141 RHD manual cars supplied to the UK had been first owned by serial entrepreneur Sir Peter de Savary (from whom, and versus under-bidder the late John Haynes of workshop manuals fame, your Correspondent acquired the ex-Buncombe Healey Silverstone at auction).
A 1964 Austin-Healey 3000 Mk3 BJ8 Phase 2 in LHD for much improvement fetched £29,250, forecast money, a 1981 Austin Maxi 2 1750 auto with 8,700 mileage a within guide £5769 and, thanks to determined bidding by two prospective owners, a Jaguar XK8 Convertible, driven 100,350 miles since new in 1999, a more than top estimate £7312.
By way of complete contrast, and on a sight-unseen basis with no physical viewings possible, surprisingly therefore there were enthusiastic bidders who were prepared to take on a clutch of Derbyshire barn-discovered and field-stored projects.
A sleeping 1933 Invicta 12/45 Saloon 95 that had been parked up in all weathers for 35 years was woken by a prince with £11,250, while from the same agricultural source, £4500 secured the remains of a 1933 Leyland Beaver based Breakdown Truck that had towed the broken down out of the bowels of the Mersey Tunnel in a previous working life. RH-E
For very latest listing of current prices paid for classics in 'Live' and 'Timed-Out' internet auctions during April, check out 'Latest Prices' option on the C.A.R. Home Page menu bar which will show surfers how much bought which model and, importantly, in what condition the cars sold were in. The page will then be refreshed with the prices paid at the On-Line sales in May, and so on.
Barn-stored for decades, 1911 Bradbury with wicker-sidecar for £5,000-7,000 is oldest survivor in 85 bike Charterhouse On-Line sale
The 85 classic bikes and an Isle of Man TT course signs collection are being auctioned ‘virtually’ by Charterhouse behind the closed doors of their Sherborne saleroom from 12 BST Wednesday 6 May 2020.
From the well detailed to the barn-stored, and from a 1911 vintage Bradbury with whacky wicker sidecar (£5,000-7,000) to an Australian and UK retro-race winning 2014 Egli-Vincent (£31,000-33,000) and a 2017 constructed Triton with Domiracer frame (£15,000-16,000), classic survivors from over 100 years of motor biking history are being offered to absentee bidders, who may leave commission bids, or make their minds up ‘live’ by telephone or on t’internet.
The sole memorabilia lot, consisting of IOM TT signs and petroliana, includes six Milestone boards, each 6ft x 2ft that informed riders how many miles they had completed from the start line from the 1950s until the late 1990s. The famous Verandah Four Bends 7ft x 2ft 6 inches sign that warned the brave that the very high speed bend was in four sections and had been deployed trackside from the 1950s to 1980s.
Eighteen Location signs from the 1950 were particularly helpful to newcomers to the world’s most challenging circuit, while four pit lane Shell petrol fillers, each 2ft 6 inches high, were used by mechanics to refuel their riders’ tanks during pits-stops from the post-war period until 1977.
Complete with 24 Certificates of Authenticity issued and signed by Paul Philipps, TT and Motorsport Manager for the Isle of Man Government, reassuringly documenting their history and provenance, the ‘Biker Den’ ready collection of nostalgic eye candy has been forecast to cost a collector £20,000-25,000.
In compliance with HMG’s economy destroying edict, and although the M25 traffic has sufficient volume again to be held up by multiple vehicle accidents on a daily basis, even masked punters are not permitted to ‘gather’ at the Dorset saleroom, while auction staff manning computers and telephones will be socially-distanced.
While as most of the bikes in this sale are still with their owners and have not made physical journeys to market, those that sell and need to be delivered to buyers will have to be uplifted by pro-carriers Chas Mortimer Ltd, who operate a no-contact collection/delivery service within the official guidelines.
In advance of the sale, and only a click or two away from your socially-distanced home, a well-stocked i-catalogue (which may well have killed off the printed catalogue before normal service can be resumed), contains many screens full of descriptions and multiple images of bikes for sale, some with phone shot videos.
For further information regarding this stand-alone classic motorcycle sale, contact Richard Brommell or former H&H bike supremo George Beale via Charterhouse HQ on 01935 812277 or email email@example.com
All lots meanwhile may be viewed on www.charterhouse-bikes.com , where, and without consuming one drop of seriously depreciated petroleum, surfers can also see and hear Auction House Principal Brommell on a real rostrum wielding a real gavel in front of an on-line audience. RH-E
Vanishing Point Dodge Charger R/T Tribute leads 60 vehicle entry in H&H ‘On-Line Only Sale’ from 1pm Wednesday 29 April
On-line regulars H&H, who have held three internet-only auctions already for cars, automobilia and classic bikes within the last few weeks, have finalised the lot listing for their Wednesday 29 April sale for classic cars. To be compliant with Government requirements to limit Covid-19 spread, the Northern firm’s latest fixture still cannot take place at a physical venue, but will be conducted, not on a Timed-Out basis over several days, but ‘live’ on their well-tried on-line auction platform.
The 60 lots on offer range in age from the 1920s to the 2000s, and in described condition from resto-projects to a headlining 1970 Dodge Challenger R/T Muscle Car Tribute to Kowalski’s rubber-burning wheels of choice in 1971 cult-movie ‘Vanishing Point’ estimated at £50,000-60,000. Whereas £60,000-70,000 has been suggested for an extensively restored 1967 Ford Mustang 390GT ‘Big Block’ Fastback with 4-speed manual-shift.
A bid of £38,000-42,000 will be sought for a 1970 Jaguar E Type Series 2 4.2 Roadster with factory hardtop that has been owned by the vendor for the past nineteen years. A repatriated ex-US 1964 Austin-Healey 3000 Mk3 BJ8 Phase 2 for improvement may cost £25,000-30,000, a once Peter de Savary owned 1996 Ferrari 456 GT in rhd with 99,634 mileage and two Schedoni suitcases £24,000-26,000, and a home market 1969 MGC Roadster that has only done 10,000 miles in the last nineteen years £20,000-24,000.
Having withstood the elements on a Derbyshire farm for nearly four decades, a 1933 Invicta 12/45 Saloon, said to be largely complete, seeks a benevolent saviour with £7,000-9,000. Whilst at £3,000-6,000, a 1933 Leyland Badger Breakdown Truck with Merseyside registration that used to rescue broken down motorists from the Queensway Tunnel beneath the Mersey may appeal to a Commercial enthusiast.
Fellow ‘Field Finds’ from the same agricultural source - the distressed remains of a 1929 Armstrong Siddeley 12/60 fabric-bodied saloon with 6-cylinder engine, last taxed in 1979, and a circa 1926 Graham Brothers Pick-Up with Dodge running gear on artillery wheels - will be dispersed ‘Without Reserve’.
By contrast, and having been well preserved in a garage following the death of its first owner 1998-2012, but MOT tested without advisories pre-lockdown, an Austin Maxi 2 1750L in 1981 popular Russet Brown, and with only 8700 warranted miles exposure to the open road, has been estimated at £3,500-4,500.
For more details and many digital images of all the vehicles that will be crossing the virtual block, view the www.handh.co.uk website. Their socially-distance specialists will also do their best to answer any questions you may have on 01925 210035 or via firstname.lastname@example.org.
Apart from Bidding On-Line, you can also participate in this, the next internet opportunity to sell or buy collector vehicles in the UK by registering for a Telephone Bid or leaving a Commission Bid. Both can be pre-arranged through the Northern firm’s website - via which, the auction, commencing 1pm 29 April, can also be followed.
May the bid be with you. RH-E
Last Porsche 911 off production line raises over $1m at RM Sotheby’s Online to aid United Way Covid-19 Fund in America
The single superstar lot of the seven day Timed-Out auction was the final 911 to enter and pass down the factory serial production line. The uniquely historic Porsche was sold by RM Sotheby’s for a hammer price of $500,000, $550,000 (£451,000) including buyer’s premium).
Porsche Cars North America then matched the winning bid to raise the total proceeds to over $1m (£820,000), money donated to United Way Worldwide to directly aid its work for COVID-19 relief in America. In addition, the auctioneers also donate a significant proportion of their buyer’s premium to the Covid-19 Fund.
There was considerable web traffic over the seven-day period, with more than 48,500 unique page views, resulting in significant bidder interest and a total of 32 bids. The winning bidder’s 911 Speedster will be handed over at a special event by Klaus Zellmer, PCNA President and CEO. Included with the car comes an exclusive tour of Porsche’s German Engineering and Design HQ at Weissach as the guest of D Frank-Steffen Walliser and Andreas Preuninger.
The winner also receives a bespoke Porsche Design timepiece complete with the chassis number of the 911 Speedster etched onto its casing, accompanied by a specially created single-edition book charting the construction of the last 991 as it entered and passed down the Stuttgart-Zuffenhausen plant line.
The North American auction firm completed their first catalogue sale to be offered via their time-based On-Line digital platform only last month, the internet sale replacing their cancelled Palm Beach sale, a physical auction held annually at the International Raceway.
This year, the sale pages on their website attracted 615,000 page view over seven days, during which 900 on-line bidders from 44 countries participated via the internet. After staggered-format bidding had closed 25-28 March, 69% of the 259 collector automobiles and 21 items of automobilia had sold, absentee buyers spending $13.7m (£11.23m) on 173 motor cars.
With traditional sales closed down by compulsion on all sides of the Atlantic and English Channel, the next RM Sotheby’s ‘Driving into Summer’ sale will be their first to have been consignment-based and held On-Line only during pandemic reality. Among 80 entries crossing the virtual block will be the 1995 Frankfurt Motor Show displayed Ferrari F50 with Classiche Certification which has been pre-sale estimated to fetch $2,500,000-2,750,000 (£2,050,000-2,255,000).
Driven only 471 mile from new, a 2017 Ford GT has been guided at $850,000-950,000 (£697,000-779,000), and $330,000-360,000 (£270,600-295,200) is sought for the final Ford GT Heritage made in 2006. $250,000-300,000 (£205,000-246,000) is forecast for a 2005 Ferrari Superamerica with Fiorano Handling Package and less than 3500 mileage, and $225,000-250,000 (£184,500-205,000) for an only 41 mile 1989 Porsche 911 Speedster.
Other entries will be posted for viewing on sothebys.com leading up to the auction start 21 May. The auction closing time on 28 May will be announced prior to the start of bidding once the offering has been finalised.
“The offering has been built entirely for the virtual platform,” comments Gord Duff, Global Head of Auctions, RM Sotheby’s. “This is a dynamic group of collector cars that duplicates the calibre of many of our established live auction events.
“The amount of interest and response that we received to our Online Palm Beach auction proved that collectors are still buying great cars, and they have confidence in our secure, proprietary transaction platform and the transparency that our section reports and research team provide.
“We are continuing to improve and adapt the platform as we learn more from each on-line auction, and we look forward to being another great group of cars to a global clientele.”
Each car offered in the On-Line Only auction will be comprehensively photographed and, in most cases, accompanied by condition reports, completed by house specialists, and traditional catalogue descriptions.
Where available, additional information on each lot, such as history files, production certificates, restoration documentation, service invoices, owner’s manuals, and accompanying parts can be viewed on-line, once logged in, by clicking the ‘View Files’ button on the individual lot page.
Bidding registration requires simple steps to complete, with the Client Service team ready to assist interested bidders remotely with any part of the account creation or registration process. Additional information on ‘How Bidding Works’ will appear on each lot page once the lot is live and when clients are logged in as registered bidders.
And if no vaccination that works can be produced, trialed, approved and manufactured in very large quantities, along with all who are permitted to leave their homes being reliably and regularly tested, then this may be the norm for those international auctions held on a ‘Timed Out’ basis for the rest of this year and for much of 2021 too. RH-E
Lewis Hamilton 2019 season race suit leads F1 content in Bonhams digital auction in aid of NHS Charities Covid-19 Urgent Appeal
The racing overalls worn by six time World Champion Lewis Hamilton during practice for the Monaco, Austria and British Grand Prix during his 2019 Championship-winning Formula One season - verified by the Mercedes-AMG Petronas team, who have generously the race suit to the greatest cause of the moment - are being auctioned on the internet until Wednesday 29 April.
Also from the F1 grid memorabilia on offer are the race suit worn by Valtteri Bottas, Hamilton’s Mercedes team-mate, in practice for the Azerbaijan, Monaco, French and British rounds of the 2019 World Championship, in which the Finn took second place.
McLaren F1 Racing donated race-worn overalls signed by Lando Norris, the youngest ever British GP driver, also come under the hammer - as does the BWT Racing Point F1 Team 2020 racing suit in this curtailed season’s colours, the first and only set of overalls worn by Sergio Perez at the Barcelona test sessions in February before the Australian GP that never happened.
The best bid will win a Williams VIP Experience for two at the 2021 British GP at Silverstone (which may actually be the next British F1 race if ALL sports events cannot be held in the socially-distanced immediate future). A factory tour of the Williams factory and museum will precede a behind-the-scenes look at race operations during a practice session, all followed by afternoon tea.
Lucky bidders will have grandstand tickets for the Saturday and Sunday of race weekend to include paddock access with full hospitality in the Williams motorhome, pit lane walks, viewing area session, driver meet and greet, and an item of team merchandise each.
Away from the paddock, motor sports enthusiasts can also compete for a very exclusive chance for four to visit Roald Goethe’s extraordinary ‘The Rofgo Collection’, which had been put together by Adrian Hamilton over an eight-year period.
Adrian will personally show the successful bidder and guests around the collection of 38 of the finest Gulf race cars, including the iconic Ford GT40 sporting the celebrated blue and orange livery, and treat the party to lunch at ROFGO’s world renowned premises in Hampshire.
The three week auction, hosted at bonhams.com and running now, has been supported by other sports stars, such as UK Champion Flat Jockey Oisin Murphy and US Open Finalist Greg Rusedski, actors, musicians and artists with a wide range of pledges, details of which are available to view on-line at bonhams.com/theblueauction.
Bids can be made by visiting email@example.com or calling the auctioneers on +44 (0) 20 7447 7447. All charges are being waived by the international auction house at this not-for-profit fund raiser, from which 100% of the proceeds are going to the NHS Covid-19 appeal, which will help support the health and wellbeing of NHS staff and volunteers supporting Covid-19 patients in ways above and beyond which NHS funding can ordinarily provide. The appeal has a target of £100 million. RH-E
1955 Black Shadow leads Vincent domination of H&H ‘behind closed doors’ leader board of £900k Live On-Line 67% sold sale of 129 bikes
No fewer than five of the top seven classic bikes sold by the Warrington auctioneers to absentee bidders 7 April were Vincents, confirming the continued collectability of the HRD Vincent marque the world’s first superbike, the very last of which was ridden off the Stevenage production line in December 1955.
In pursuit of the results topping 1955 Black Shadow Series C sold for £47,150 were a £36,800 1954 Rapide Series C, a £35,075 1947 Rapide Series B and a £34,500 1938 Meteor Series A. Behind this Vincent quartet, 100% of the £27,600 raised by the sale of a 1930 Norton CSI goes towards saving a Somerset church, the Old URC Church in Stoke-sub-Hamden, originally built by a distant relation of the bike’s owner, former RAF pilot, Bill Southcombe.
The whole community is doing its bit to seal the deal on saving the church, which plays host to a number of community projects, as vendor Southcombe explains. “If we fail to buy the church, it will be auctioned by the Synod, to developers probably, or left to decay.” As a Trustee of the charity to set up to save the church, he has already donated the value of two other of his bikes.
“It’s a Congregational Church built by my ancestor, Richard Southcombe by my ancestor, Richard Southcombe, for the community in 1866. It is Grade 2 listed and in very good condition, and was given to the URC Synod in 2016 by the Elders. If we are able to save it though, we must pay the Synod this year, 2020”.
Mark Bryan, Head of Motorcycle sales for the Northern auction house says: “Given the context – a global pandemic – this is a remarkable result, which speaks so clearly of the passion collectors have for motorcycles and the trust they have in H&H. People were buying bikes they had not seen and without knowing precisely when they could take delivery”.
Head of Sales at H&H, Damian Jones responded to numerous requests for advice about buying at a strange time like this with the following thought about the state of the market: “The Bank of England’s recent interest rate cut to 0.1%, plus the volatility of the world’s stock markets (down circa 20% in places), may have given people more impetus to put money into an alternative asset class, what you might call an ‘investment of passion’. The collector vehicle market has softened overall over the past few years, but as the latest Knight Frank Wealth Report shows it is still performing well compared to its peers”.
But will those - who still have the appetite to buy anything that they can well do without (and have any money left to spend!) - invest in classic car or bike stock rather than a claimed to be tax-saving isa? With no returns in prospect after inflation, let alone the Bank of England’s quantitive easing to come, of course, they should.
Although being prevented from actually driving or riding classics ‘legally’ is certain to deter consumption until lockdown is lifted…or at least eased. RH-E
£62,400 1962 Porsche 356B Coupe headed £1.71m 61% sold CCA internet sale during which Rowan Atkinson and Jay Kay successfully dispersed cars
Originally billed as a supporting act at the postponed Practical Classics Mag Show at the NEC in Birmingham, and then rescheduled as a controlled viewing, behind closed door sale at the Warwickshire Event Centre, the latest CCA sale could only comply with Government guidelines by being held in front of absentee bidders on the internet on a ‘Timed-Out’ basis.
The top priced seller was a former US resident 1962 Porsche 356B T6 LHD Coupe in Super-spec with Harry The Maestro Pellow built 1600 engine sold for £62,640 and a still drum-braked 1955 Jaguar XK140 3.4 RHD FHC for £42,660. Rowan Atkinson sold his 1993 Mercedes-Benz 500E W124, a 2015 Japanese import and the fourth 500E he has owned, for £27,540.
A 1972 BMW 1602 for restoration had come to auction directly from Jay Kay, who learned to drive in it, and was taken on unseen by anyone in the virtual world for £16,470. Also, the Jamiroquai front man’s 1976 Rolls-Royce Silver Shadow I, acquired by the vendor in the Silverstone Auctions sale at Salon Prive in 2017, raised an auction high for model £30,780.
The range of transacted cars was really wide and included - 2006 911 Type 997 Turbo S at £37,800, 1989 Porsche 911 Carrera 3.2 Sport Targa or 1970 Jensen Interceptor FF resto-project both for £30,780, 2002 Porsche 911 Type 996 Turbo £30,000, 1986 Audi Quattro Turbo Coupe with 44,000m £26,190, 1961 Jaguar 3.8 Mk2 manual £29,000, and unregistered 2000 Mitsubishi Lancer EVO VI ‘Tommi Makinen Edition’ £21,870.
Sub £20k were - 1974 Datsun 260Z in LHD or a 2006 Bentley Continental GT for £18,630, 1966 Austin Mini Cooper 998 Mk1 £17,550, 2001 Aston Martin DB7 V12 Vantage with a manual box £17,010, 2000 Lotus Elise S1 £16,470, another 1984 Audi UR-Quattro with 100,000m £13,770, 2006 Mini Cooper S JCW GP Special Edition £11,250, 1973 Triumph Stag 3.0 Mk2 auto on wires £12,960 and 1984 Rover 3500 SDI Vanden Plas Twin Plenum £10,260.
And below £10k – 1982 VW Golf GTI Mk1 £9990, 1971 MGB GT with overdrive £8910, 1995 BMW 849CI E31 £7830, 1988 Porsche 944S £6750, 1990 Ford Sierra XR4x4 2.9 £5940, 1961 Fairthorpe Electron Minor Mk2 with Dolomite Sprint motor £5500, 1985 Porsche 944 Lux Coupe £3456, and 1999 BMW 725i E38 driven 209,000 miles (so far) £2808.
Analysis of the 154 lots auctioned on the Proxibid platform during 16 nightly sessions shows market watchers that 94 were sold, as described to though unseen by absentee bidders on a Timed-Out basis (or, where unsold under the clock, in post-sale deals concluded within a day or two). When C.A.R. shut its electronic book on this sale, the success rate amounted to 61%, the sale total £1,712,968 including 8% premium, the average paid per car £18,223.
Many buyers were still sufficiently confident in the unknown, it would seem, to pay more than top estimate money for 16% of the cars and within pre-sale estimate sums for 58% of them, while vendors were prepared to accept below lower estimate prices for 25% of cars sold.
Having bought or sold a classic car on-line however, the physical and visually obvious transfer of the asset from vendor to new keeper by either party could incite local curtain twitching followed by police interest and potential prosecution.
IF a third party contractor IS prepared to transport a classic purchased in an internet auction however, an unmarked towing vehicle and box trailer with the subject motor vehicle inside and out of sight, with the driver armed with invoiced proof that the car was acquired on-line would be best advice. For at a regulations compliant stretch, such a non-essential movement could be deemed and proven to have been an internet shopping delivery, much like the sometimes masked and always bio-gloved Tesco and DPD van men can and do in our road.
For attempting to DIY tow anything does rather stand out on camera on deserted motorways as the motorist with a canoe on his roof rack heading for the Lakes found out on the M6 and several great escape caravan towing trips have been intercepted by police on the M5 and M4.
‘Stay at Home’, therefore, for vendors and buyers, has to be best though unexciting advice. RH-E
For very latest listing of current prices paid for classics in 'Timed-Out' internet auctions during March, check out 'Latest Prices' option on the C.A.R. Home Page menu bar which will show surfers how much bought which model and, importantly, in what condition the cars sold were in. The page will then be refreshed with the prices paid at the On-Line sales in April, and so on.
'Guest Auctioneer' Vicki Butler-Henderson selects Fifth Gear to auction 15 lots on Historics rostrum during last ‘live’ sale for months
Only one month ago, and as Historics remind us, 188 consigned classics were legitimately transported to market at Royal Ascot Racecourse, before ‘social distancing’ had become a necessary part of our vocabulary. Over 1300 attendees then physically and legally viewed the displayed cars with their history files, bid for them on sale day and bought 124 under the hammer and immediately afterwards for £4.09m before national lockdown.
Among them, a 1970 Aston Martin DB6 Mk2 sold for £310,000, a £291,500 1969 Lamborghini Islero S driven by Sir Roger Moore in a movie and an only 2012 vintage Rolls-Royce Phantom Coupe, much contested until £187,900 including 10% premium had been paid.
While a sign of the already softening price times were the 40 cars in the catalogue consigned ‘Without Reserve’ and the 40 ‘Modern Classics’, cool from 1980 to 2005, that had become retrospectively fashionable in a market which will never stay the same.
With this Ascot auction likely to have been the last such ‘live sale’ held behind ‘open doors’ in the UK for many months, Historics have combined the scheduled 16 May sale at Mercedes-Benz World with their Saturday 18 July auction at their spiritual home, the Brooklands Museum, where the house first opened their doors in 2010.
An advocate of physical auctions being still by far the best route to sell your classic or collectible, Mark Perkins, Historics’ Managing Director, commented: “We truly value the wonderful and spirited classic car community, and are naturally disappointed to pass on our May sale. Nevertheless, we applaud the resilience and camaraderie of all like-minded enthusiast and join you in pulling together to help overcome this difficult period. We look forward to greeting you again in person and, in the meantime, extend our very best wishes.”
With the Government’s current virus spread measures being enforced however, and with the potential for restrictions on unnecessary movements either being tightened further or relaxed in stages, May sale cars have already been transferred to July’s 10th Anniversary sale, for which additional vendors are sought by the Historics consignment team, via 01753 639170, as well as for other auctions later in this curtailed season.
Although whether ‘untested’ citizens, who will be the vast majority for months (if not for most of next year) will actually be permitted to emerge from self-isolation to attend public gatherings at Museums, Exhibition Halls or Race Circuits, sharing unsocially-distanced loos and catering facilities, may be very unlikely, and for the foreseeable future too.
Indeed, only where Governments dare to put younger voters’ livelihoods before the lives of their maturer citizens however, will the good old days with business as usual return sooner rather than very much later. RH-E
Coronavirus lockdown did not prevent H&H from fielding 2,648 bids on-line and selling 98% of clients’ automobilia lots for over £132k
Top-priced item in the internet only sale, which went ‘live’ 22 March and timed out 29 March, was a partially surviving tool-kit from a Rolls-Royce Silver Ghost which went for £4,830 including 15% premium. The 46 components within a custom leather tool-roll were primarily original, though there were a small number of high-quality like-for-like re-manufactured items.
A Mobiloil ‘Gargoyle’ enamel sign for the motor house wall raised £2530, a man cave ready Rothmans Porsche 956 showroom model £2300, a Steve McQueen ‘The Great Escape’ autographed display piece £1610 and a James Hunt autograph presentation £1380. A 1933 Brooklands International Race poster made £1150 and the same was paid for a 1920 French Icarus mascot by Colin George for Farman Cars.
£920 was needed to advertise the 1963 British GP Silverstone with an original poster. A Bentley Boy bought a Speed Six instruction book for £748 and a ‘Seated Elephant in the Egg’ mascot fit for a Maharaja found £690. A dash panel with instruments may be reunited with a Jaguar XK150 for £483, while to display a 1930 BARC Brooklands Members enamel car badge by Spencer of London cost £437 and a handle to start a Rolls-Royce 20hp £230.
Enabling punters to shop from home via lap-tops, tablets or i-phones, the H&H On-Line Only platform, in ‘Live’ and ‘Timed’ guises, has now been trading for over eighteen months. Their preferred mailing house, Mailboxes Etc, Altrincham, provided a fully insured packing and shipping service for Automobilia items purchased.
Commenting on their 98% sold £132,320 sale, H&H Classics Head of Automobilia, Adam Sykes told C.A.R. “The fact that the result was achieved during this difficult time for the country and the world speaks volumes about on-line sales as a powerful phenomenon in the tradition bound auction world.”
Indeed, such has been the recent i-sale revolution in most collector car, classic bike and motoring memorabilia markets, where absentee salegoers are now being compelled to bid from social-isolation, that H&H logged a sizeable jump in website visitors with over 780,000 page views recorded in March alone. With up to 150 images illustrating some lots being auctioned, even more i-traffic is likely to make the virtual journey to the platform. RH-E
As Covid-19 legislation closes ‘live’ auctions, The Market on-line only platform sells record £752k worth of classics during 86% sold March
On-line only classic car auction firm, The Market, sold 86 per cent of client cars auctioned in March for £752,000, a new house record in one month when the average spent per car amounted to £31,335. With traditional public sales prohibited, the Abingdon firm’s on-line auction platform and app have seen a 50 per cent increase in traffic over the past week alone.
Even in self-isolation, it seems, some enthusiasts are actively continuing both to sell (many because they really need do so) and buy classic cars, several at unimaginably reduced prices from only a few weeks ago and despite the coronavirus lockdown outlawing their non-essential use until further notice. There will also be those who want and need to have something to tinker with in domestic garage isolation, your Correspondent is one of them.
Of the 25 classics sold by The Market in March, the highest priced lot was a 1973 Ferrari 246GT Dino, one of 498 UK right hand-drive cars, which sold for a within estimate band £215,000, while £87,000 was accepted for a claimed to be pristine 1976 308GTB with Vetroresina plastic bodywork.
A restored 1962 Jaguar E Type 3.8 Fixed Head Coupe with features found only on the very first examples sold for a forecast £91,000. Noteworthy, too, a said to be still highly original 1979 VW Golf GTI 1.6 Mk1 S1 driven just 17,000 miles sold for a just under estimate £27,695. Only four cars auctioned were unsold.
“Our March results are great news for us at The Market, but also for the whole classic car industry”, director at The Market, Tristan Judge, told C.A.R.
“Classic car enthusiasts should feel reassured. We’ve upgraded our website server to cope with demand, and although our premises are currently closed to the public, we are able to provide delivery transport and storage for sellers and buyers as well as personal, live video viewing of cars if needed.”
To surf all The Market's auction results visit https://themarket.co.uk/
You could also download their free app from the Apple Store or Google Play.
Unlike most of their competitors, The Market has been 100 per cent on-line since day one, hosting unlimited image galleries and descriptions on auction lots and returning an industry leading 95 per cent of the sale price to the vendor.
Cars are offered for sale every single day on their platform, rather than in whole catalogues on one day or in batches over several days, ensuring sellers have the opportunity to maybe move their cars on to new owners faster than is possible using most other dispersal routes.
Unusually, there is no entry fee for vendors, who are charged 5 per cent seller’s commission, while buyers only pay what they bid, with no additional fees. To date, over 600 vehicles have been sold on-line on this platform for prices ranging from £20,000-200,000 with a total value of over £5m and an overall sales rate of over 80 per cent.
Currently your virus-infected HMG is actively encouraging all (socially responsible) on-line selling and the employment that comes from their support services as practical ways of keeping at least part of the country’s embattled economy going.
Since our heading photo was taken, The Market have instigated remote working for employees and social distancing procedures, without reducing the buyer experience, and with transport and storage options definitely available to those that need them. RH-E
With HMG having been empowered to shut down car showrooms and auction salerooms until further notice, a selection of the very latest prices still being paid by punters for classics in socially-distanced 'Timed Out' sales on the internet held during March have been listed under this website's 'Latest Prices' option, accessed on the Home Page menu bar. As a useful valuations tool both for vendors and buyers during coronavirus lockdown, this page will be refreshed with On-Line auction prices paid in April, May and so on.
1996 Porsche 911 GT2 fetches $891k (£730,620) on-line and 2019 McLaren Senna $847k (£694,540) during RM Sotheby’s 67% sold internet sale
After more than 615,000 page views over seven days, nearly 900 bidders from 44 countries bought 173 of the 239 cars auctioned on RM Sotheby’s time-based, on-line only digital platform for $13,619,165 (£11,167,715 including 10% buyer’s premium).
Statistically interesting, too, the numbers of absentee participants were 23% up on the average that have registered for the North American firm’s ‘live’ auctions in South Florida over the last four years, while 36% of them were bidding with the company for the first time.
Sales for the internet auction that replaced the physical Palm Beach auction were led by a pair of supercars. A 1996 Porsche 911 GT2, a pristine example of the 194 road-going GT2s built, which was only recently added to the RMS i-catalogue following the transition to an on-line only sale (header image by Jeremy Cliff courtesy of RM Sotheby’s), sold for a results-topping $891,000 (£730,620).
Also headlining at this virtual event was a 2019 McLaren Senna, well optioned and presented in virtually as-new condition having only been driven 200 miles, which was clicked away for $847,000 (£694,540).
Other remarkable valuations as the global Covid-19 pandemic shuts down most economic activity in the classic car consuming world were the $682,000 (£559,240) paid for a 1963 Shelby 289 Cobra, the $434,500 (£356,290) for a 1963 Rolls-Royce Silver Cloud III and the $324,500 (£266,090) for a 2015 Ferrari 458 Speciale.
$280,500 (£230,010) was spent on a 1961 Jaguar E Type Series 1 3.8 Roadster, $275,000 (£225,500) on a Dunes-ready 1992 Lamborghini LM002 and the same on a 1983 Countach LP 5000S. Whilst $260,000 (£213,200) was bid for a 1966 Ferrari 330GT Series 1 2+2 and $242,000 (£198,440) for a still nearly new 2006 Ford GT.
“This was an unprecedented on-line collector car auction in terms of both value of cars offered over four days and the speed at which we had to pivot from the regularly scheduled South Florida auction,” said Kenneth Ahn, President, RM Sotheby’s, after the auction.
“The decision to shift our long-established physical auction to our on-line platform was not without its complexities. However, as the industry’s largest market maker by total sales, we had many clients who were counting on us to sell their cars in this market and significant bidder interest gearing up to the physical auction.
“The Covid-19 virus pandemic is clearly a new challenge to our industry and business. We were able to quickly mobilise and adapt to the changing environment, allowing us to serve our clients in a meaningful and effective way. We have received tremendously positive feedback from our clients and industry participants over the past several days, and we will continue to refine and improve our digital platform based on this experience.”
Some of the other noteworthy valuations during the 20-28 March process were a 1967 Shelby GT350 sold for $115,500 ($94,710), a 1950 Jaguar XK120 Roadster for $143,000 (£117,260), a 1997 Ferrari F355 Spider for $52,800 (£43,296), a 1982 Toyota FJ45 Land Cruiser ‘Troopy’ for $50,600 (£41,492)and a 1967 Oldmobile Toronado for $60,500 (£49,610) on the Wednesday.
Thursday sales included a 1956 Jaguar XK140 MC Roadster for $165,000 (£135,200), a 1961 VW Deluxe 23-Window Microbus for $159,500 (£130,790), a 1997 Bentley Continental T for $82,500 (£67,650) and a 1966 Batmobile Replica for $148,500 (£121,770). During the Friday session, a 2010 Ferrari 599GTB sold for $137,500 (£112,750).
Whilst Saturday sales included a 1970 Dodge Challenger R/T SE for $63,800 (£52,316), a 1999 Mercedes-Benz Brabus 7.3 S for $165,000 (£135,300), a 1987 Porsche 911 Turbo for $115,000 (£94,300) and a 1984 Lamborghini Jalpa for $99,000 (£81,180).
When and how all these successfully auctioned cars can be transported from wherever they currently are in the US to wherever the purchasers may want them delivered could be fraught with logistical difficulties however. For such non-essential movements could potentially be restricted for many months to come and new owners will therefore be responsible for banking and insuring their newly acquired assets far from their own toy cupboards. RH-E
‘Sealed Bids’ were accepted by vendors of 31 classics prevented from being auctioned at Bicester Heritage, even behind closed hangar doors
Even as the nation’s garage doors are compulsorily closed and our freedom of movement has been officially denied until further notice, one third of the 91 classics assembled behind closed doors in WW2 Hangar at Bicester Heritage and offered by Bonhams MPH on a ‘sealed bid’ basis were sold for £354,338 including premium, an average of £11,430 per car paid by absentee bidders.
The 31 cars that changed hands during the 34% sold on-line only sale were led by a 1988 Ferrari 412 4-Seater Coupe with manual-shift, for which a below £40,000-50,000 pre-sale estimated £35,625 was accepted. A 1976 Porsche 911SC 2.7 Sportomatic realised a more than top estimate £29,250 however, and an only just below guide £27,000 was forthcoming for a 1957 Land Rover S1 88 with canvas tilt that had only been driven 500 on-road miles since a 2014 restoration.
An only 12,500 mile 1948 Alvis TA14 with Coupe bodywork by Duncan that had been stored for 60 years was taken on for £25,987, nearly £11,000 more had been forecast, and from some 30 years hibernation, a 1957 Rolls-Royce Silver Cloud I project, in need of mechanical recommissioning at least, made £19,968, top estimate money.
A mid-estimate £24,750 bought a 1983 Mercedes-Benz SL500 with limited-slip and air-con options and a factory hardtop, and the required £22,500 acquired a 2000 restored 1960 Daimler SP250 Sports. A 1967 Jaguar E Type 4.2 2+2 Coupe, dormant since 2012 and deceased estate entered, fetched £21,375, more than expected. While 91 years after being sold new in Vienna, a 1929 Renault 15cv Vivasox Landaulette de Ville sold again here for £20,708, only just over the lower estimate, and a repatriated 1957 Jaguar Mk VIII Saloon, an older restoration with still original interior, found a close to top estimate £14,625.
Those on-line auctioned cars that did sell at least provided depressed market watchers with some real world valuations to digest. Although faced with internationally applied lock-downs - already shutting down life as previously enjoyed for six months or more, and likely to be even more draconian potentially - being permitted to drive or transport non-essential collector vehicles to or from market may no longer be legal or wise, even in unmarked trailers by night. Police cars can see in the dark. RH-E
CCA on-line only Saturday 28 March sale sees batches of lots auctioned on 12 hour time-out basis on Proxibid website
Having already relocated from the cancelled Practical Classics Show at the NEC, and then prevented by the Boris Ban on gatherings from holding a physical auction at the Warwickshire Event Centre, CCA had hoped to have an on-line only sale for the 188 cars originally catalogued for Birmingham.
Bidders were encouraged to do so either by telephoning through commission bids, or bidding for cars ‘live’ by telephone or on-line via three digital platforms - Proxibid, The Saleroom and Invaluable.
In line with the latest Government ‘stay at home’ legislation however, which has compelled even car showrooms and auction salerooms to shut down, along with most of the rest of the economy, the CCA sale will be completely virtual, with no ‘viewing day’ the day before sale day, as had become custom and practice at previous sales held at the WEC.
The usual delivery and collection of auction cars from the sale venue cannot be accommodated either (via transport and storage contractor E H Rogers Northanpton HQ) until HMG lifts their current 'stay at home' instruction for all non-essential activities.
Where possible, video content has been increased for each of the now 160 on-line auction cars, while interested parties can always obtain further details on all the cars in the sale before they go under the virtual hammer by contacting the CCA team by telephoning 01926 640888 or via firstname.lastname@example.org
Nine to eleven lots will be offered from 7am-7pm each day during a 12 hour window on the www.proxibid.com platform over a 16 day on-line only process. Check out the lot list on the CCA website or the Proxid platform to see when these bidding windows are opened for which cars. To bid for cars though, you will need to register directly now only with Proxibid (0203 769 7206/0203 695 9870), whose software presumably enables them to manage the absentee bids process within the socially-distanced environment required.
For more details, please refer to the helpful Proxibid ‘Tutorial Series’ videos on ‘Creating an Account’ and ‘Live Bidding’ on-line. For this sale, CCA have also specially reduced buyer's premium to 8% (9.6% inclusive of VAT) and absorbed the usual 1% Proxibid charge for on-line bidding.
Postponements, cancellations, wasted deposits and no immunity for Princes, PMs or Peasants
In the meantime, and in compliance with the new legisation empowered directives from Number 10, neither the revised 'Behind Closed Doors' Bonhams sale planned for Sunday 29 March at the already cancelled Goodwood Members' Meeting or the ACA 'Drive Through, even though held within their own vehicles auctions centre at King's Lynn Saturday 4 April, can now take place, either 'live' or on-line.
The modern Le Mans 24 Hours has been moved to September, although when and whether Le Mans Classic and the Artcurial sale can still take place is also uncertain, while the Goodwood Festival of Speed and Bonhams auction have already been postponed to who knows when. Although as I write this, the Silverstone Classic IS still going ahead apparently.
Having personally incurred up-front airline ticket payments and advanced parking charges with no refunds however, and funded non-refundable hotel bookings for cancelled trips, best advice has now to be - do not advance-book or pay for any flights, ferries, event entry fees and admission tickets, or any accommodation deposits that may not be returnable, until further notice.
With Prince Charles, the PM and the Health Secretary all testing positve for Covid-19, clearly nobody is immune from becoming a mere statistic in what in a virus-driven Coup has become Big Brother Britain. RH-E
After Duxford viewing had been curtailed by Imperial War Museum, H&H were able to sell 63 classics for £1.85m, but behind closed doors
Although the sale of the catalogue cover featured 1939 Lagonda V12 Drophead, for which £300,000-400,000 had been sought, was abandoned at £250,000, £204,750 was accepted for a once Prince Bernhard of the Netherlands owned 1938 LG6 Drophead estimated at £200,000-250,000.
The £260,000+ required for a 1969 Aston Martin DB6 Mk2 Vantage manual was unavailable though and a £165,000-185,000 1926 Bentley 3-Litre Speed Model owned by Le Mans winner Johnny Hindmarsh also failed to reach its reserve.
There were buyers however for a clutch of really old timers with a £19,188 more than forecast £69,188 for a 1934 Delage D6-11 Saoutchik-style Cabrio and a more than £10,000 over guide £65,250 for a 1938 Alvis Speed 25 SC 3-Position Drophead by Charlesworth.
Whilst the £27,000 bravely invested in the long term future of a dilapidated 1934 Alvis Speed 20 SB, one of 23 Charlesworth coach-built 4-Seater Dropheads requiring extensive restoration, was £9000 more than had been estimated.
The required £60,750 was paid for a 1912 Talbot 15hp Type M Open Tourer for four and a 1938 AC 16/70 Drophead raised a more than top estimate £56,250.
All three early MGs that had been previously restored sold, a 1933 J2 for £29,250, a 1949 TC for £23,062 and a 1935 PA 4-Seater £18,562. A 1993 vintage MG R V8 driven only 4865 miles from new during one family ownership realised the required £24,750.
E Types valued here included a former LHD 1963 S1 3.8 Fixed Head at £67,500 with premium, another 1969 S2 4.2 Roadster RHD conversion at £60,750 and a freshly repainted 1973 E Type S3 V12 Roadster auto at £51,570. A 1970 S2 4/4 2+2 Coupe manual for restoration fetched £17,719.
Fast Fords sold were led by an only two owner 1974 Ford Escort RS2000 Mk1 with Broadspeed steel arches from new in 1974 that had been in receipt of a nine year restoration sold for £65,250, more than £5000 over guide. A two private keeper 52,165 mile 1986 Ford Sierra RS Cosworth 3-Door found a within estimate £43,875 and a 1973 Ford Capri 3000 GXL a more tan expected £26,688.
A 1973 Triumph Stag with 20,700 mileage was exceptionally original and well preserved for a within estimate £25,312, and a 1961 Morris Minor 1000 Pick-Up with photographic record of body restoration and original seats and door cards warranted the £12,375 paid.
The Rolex CEO’s 1993 Bentley Continental R sold for £43,000, £103,000 less than it did 27 years ago, and a 32,000 mile since 2004 Continental GT 2+2 Twin Turbo 6.0 W12 with Tiptronic capable of 198mph on paper seemed good value for £20,812.
Although many previously hot Modern Classics have cooled of late, a Limited Edition Subaru Impreza P1 2-Door produced by Prodrive in 2000 went well, selling for £24,750, and a 2008 Mitsubishi Lancer Evo X GST FQ-300 4-Door auto for £10,125.
There was also a new owner for the most specialist item in the hangar, a 1959 front-engined Elva 100 Formula Junior Single Seater with DKW engine, which raced to a £29,250 result, better than expected.
The crunched numbers
Very few cars were hammered away under the hammer though. Although where there were highest bids, these were declared ‘provisional’ by the auctioneer and, where returned amounts were acceptable to vendors, declared ‘sold’ to the on-line audience.
After further conversions had taken place after the i-cast had finished however, 55% of the 155 lots in the catalogue had changed hands for £1,851,382 including 12.5% buyer’s premium, a far from unhealthy £29,387 gross being spent per car.
Whilst 52 cars were unsold, 45% of those offered to an absentee public, reflective analysis indicates that of the 63 cars that did sell, only 24% went for less than their lower estimates, whereas 55% sold for estimated prices and 21% made more than top estimate money. In these uncontrolled virus times, surely remarkable.
The future format for auctions?
This was the first collector vehicle auction were cars had been physically viewed the day before, in a pre-lock down Imperial War Museum hangar, but where the auction process itself was then conducted behind closed doors with no public access on sale day.
A well-oiled H&H on-line only auction machine for both cars, offered 'live' on the internet, and automobilia, on a timed-out basis, has been up and running for some time, so for the North West team this was just another day at the office, normally in Warrington in their own premises, where at least all their sales in whatever format can be accommodated in the future. For as the inevitable shut down of most economic life, as we have known it, ‘officially’ distances us all until further notice, only internet auction models like these may be permitted to survive.
Although on-line auctioneers not having their own controlled facility, so that consigned classics, collector bikes or higher value memorabilia and authenticating documents can be physically viewed in advance of being sold by prospective buyers would seem to be most unwise for all concerned. Those who play the e-bay game of chance on a regular basis, and whose computer mice have not been burned (so far), would disagree, of course. RH-E
Although Bonhams MPH ‘On-Line’ Bicester Drive Thru was cancelled in compliance with PM's event ban, 31 cars were sealed bid sold for £354k
Even though the numbers attending two days of viewing in the Bicester Heritage WW2 hangar had been strictly controlled, Bonhams cancelled their Saturday 21 March Drive Through sale on the eve of what was to have been an on-line only auction.
The PM’s shock announcement that all manner of enterprises, where the public could eat, drink, socialise, keep fit or congregate should be closed down overnight was responsible for this rapid change in management policy and even the revised format of a behind closed door sale having to be abandoned at the eleventh hour.
All 95 lots in the sale catalogue will however still be offered, but under a ‘sealed bid’ system with bids submitted with the MPH team by 17.00 GMT on Monday 23 March 2020, after which the best bids (subject to buyer’s premium) would be submitted to vendors. Offers for cars should be either emailed to email@example.com, or call +44 (0) 1869 229477.
The intention was for cars to have been driven past the rostrum with two separate cameras providing a real time ‘walk around’ view, so that the on-line audience would have seen and heard them running.
In view of this latest cancellation and to avoid any wasted planning and potentially costly journeys for surfers, this website’s best advice has to be always check with the auction firms themselves that sales in whatever format are really going ahead before travelling – and to do this by one to one telephoning a real person preferably rather than being directed by website information which may have become historic.
Welcome to the Covid-19 era, where few if any ‘gatherings' will be allowed to take place, the Monaco Historic GP races, along with both the Bonhams and RM Sotheby’s auctions, are only the latest casualties of many more such 'live events' to be deleted, some never to return. With normal service unlikely to be resumed for the foreseeable future, the on-line auction is likely therefore to be the only show in town without a High Street.
As it says on the tin, Classic Auction Review shall continue to review which cars actually sell at auction, albeit only on the internet, and importantly for consumers for how much and why. For as long as traditional markets remain compulsarily closed down and the values of most things freefall through the basement floor, advertised 'asking prices' can no longer be achieved and even previous auction results become increasingly historic. The prices actually paid for classics on-line may well therefore become the only reality check for classic car values, and for the foreseeable future too.
In addition, regular and independent overviews of this changing collector vehicle auction market will continue to appear right here on C.A.R. where virus-free access is entirely free and only a click or two away.
As long as supplies continue to get through the road blocks to come, at least the 'Real Ale' of choice can still be embibed in the isolation of one's own home. Although sadly, I am not permitted to share any of the precious nectar with you. Cheers! RH-E
£5.5m 1932 Bugatti T55 heads 87% sold sale results in Florida, where £59.6m was invested in 306 cars before US auctions shutdown
Bonhams Thursday 1 March: One of only 11 Super Sport Roadsters retaining original and definitive Jean Bugatti designed coachwork, the 1932 Bugatti Type 55 was driven around Cambridge by first owner, 22 year old Trinity College graduate Victor Rothschild. Coming to market from single US ownership of the late Dean S Edmonds Junior since 1985, the former Pebble Beach Concours class winner had been pre-sale estimated by the auctioneers to fetch $6,500,000-9,500,000 (£5.01m-7.32m).
With still matching chassis, engine, drive-train and coachwork, and eligible for the Mille Miglia Retrospective and Le Mans Classic, this true icon of automobile design was driven across the block to sell for $7,100,000 (£5,467,000) to become not only the top priced car at the three Florida sales, but the most valuable car sold at auction this year on both sides of the Atlantic.
In the same Bonhams auction pavilion at the Fernandina Beach Golf Club, and in second place in the Amelia Island auction results, was a 1907 Renault Type A1 35/45hp, one of four survivors commissioned by Willie K Vanderbilt for American racing with Renault Bros coachwork. Having been previously exhibited in the Indianapolis Speedway Hall of Fame Museum for more than 60 years, one of the greatest motorcars of its era fetched $5,332,500 (£2,566,025), 113 years after most probably winning the 1907 Brighton 24 Hours.
The Schnuerer Collection 1958 Mercedes-Benz 300SL, driven by Sir Stirling Moss to lead the 2015 Pebble Beach Tour d’Elegance, raised $1,028,000 (£791,550), close to top estimate, and an Edmonds Estate consigned 1931 Invicta 4½-Litre S Type Low-Chassis Vanden Plas Sports-Tourer sold for a low estimate $852,000 (£656,040). A well below estimate $725,500 (£558,635) was accepted for one of 7 factory-delivered left-hand drive GT-engined DB4s from the same source. While the 1967/68 Con-Ferr Meyers Manx Dune Buggy with Corvair 2.6 Flat-6 in the tail, cast for a supporting role to Steve McQueen in ‘The Thomas Crown Affair’ movie, made $456,000 (£351,120), forecast money.
By sale end, 89 of the 116 cars in 3 catalogues had sold for $21.2m (£16.32m), an average of $238,698 (£183,791) with a 77% sell-through rate. One year ago, 92 out of 108 cars sold for $15.8m (£12.17m), an average of $171,626 (£132,152) with an 85% sell-through rate.
RM Sotheby’s Friday-Saturday 6/7 March: Whereas by the end of their two-day sale on Saturday 7 March at the Ritz-Carlton, the RM Sotheby’s team had sold 92% of the 145 lots in their catalogue, their clients spending $35.4m (£27.26m) on 134 cars, an average of $263,502 (£202,897) per classic bought. At the same sale in 2019, 117 of the 141 cars sold for $38.1m (£29.34) at an average price of $325,219 (£248,879) with a 77% sell-through rate.
Prices this year were headed by a new to the market 2003 Ferrari Enzo that had been in the care of the Lingenfelter Collection for 15 years for $2,782,500 (£2,145,525), the third highest priced car sold at the Amelia Island sales this year. In fourth place was a beautifully restored 1938 Bugatti T57 Cabriolet, the only 3-seater with Aravius style body by D’Ieteren, sold for $1,655,000 (£1,274,350).
RM Sotheby’s also sold a well restored 1963 Ferrari 250 GT/L Berlinetta Lusso award winner for $1,600,000 (£1,232,000) and a 1961 250GT S2 Cabriolet for $1,352,500 (£1,041,425). There were buyers for both pre-war Duesenberg Model Js with $1,325,000 (£1,020,250) forthcoming for a 1932 Rollston Stationary Victoria and $1,132,500 (£872,025) for a 1930 Murphy Convertible Coupe. A Lola T165 Can-Am tripled expectations with a $665,000 (£512,050) result.
A Canepa-upgraded, California street-legal 1987 Porsche 959 Komfort cost $1,050,000 (£808,500), an as-new 2004 Porsche Carrera GT auctioned Without Reserve $786,000 (£605,220) and a 2019 911 GT2 RS Clubsport far exceeded pre-sale estimate at a final $527,500 (£406,175).
The same money bought a 2.4 mile 2006 Ford GT Heritage at $533,000 (£410,410) and a No Reserve four-option 2005 Ford GT from The Keith Crain Collection realised $384,500 (£296,065). A 1990 Mercedes-Benz 560SEC AMG 6.0 ‘Wide Body’ nearly doubled its $220,000-260,000 estimate, selling for $390,000 (£300,300). Consigned from 45 years of ownership in The Todd & Peggy Naylor Collection, a 1925 Bentley 3-Litre Speed Model Tourer was re-homed for $335,000 (£257,950).
The Rock and Roll Hall of Famer John Oates drove a 1984 Tiga SC84 Sports 2000 onto the auction block, where the sports-racing car generously offered by John and his wife Aimee sold for $50,400 (£38,800), with all proceeds benefiting the Amelia Island Concours Foundation’s support of Spina Bifida of Jacksonville.
Gooding Friday 6 March: At the beachfront Omni Amelia Island Plantation, the Gooding top ten was led by a 1914 Rolls-Royce Silver Ghost 40/50hp Phaeton sold for $2,205,000 (£1,697,850) from a 1969 Lamborghini Miura P400 S Coupe at $1,435,000 (£1,104,950) with a 1976 Porsche 934 Race Car $1,380,000 (£1,062,600) in pursuit.
$995,000 (£766,150) was paid for a 1957 Mercedes-Benz 300SL Roadster and $978,500 (£753,445) for a 2019 McLaren Senna Coupe. A 2017 Ford GT made $967,500 (£744,975), a 2009 RUF CTR Coupe $808,000 (£622,160) and a 1972 Maserati Ghibli SS Spyder $753,000 (£579,810).
Gooding & Co sold 83 of the 89 cars catalogued for $20.8m (£16.02m) at an average of $250,784 (£193,104) with a week-topping 93% sale rate. Whereas at the same sale one year ago, 78 of 89 consigned cars sold for $22m (£16.94m) with an average price of $282,666 (£217,653) and an 88% sell-through rate.
Although soldiering on in the face of apparently uncontrollable Covid-19, auctioneers and their vendors appear to have successfully adopted a business as usual stance in Florida, where some strong prices and surprisingly high sale rates were achieved.
These last hurrahs in the US may nonetheless have been the final major auctions to be held in front of ‘live audiences’ for months as grim reality shuts down international travel and whole industries run out of customers and money. Anyway, potential vendors and buyers may be otherwise preoccupied, whilst older players may be prevented from leaving the isolation of their homes by hasty legislation. RH-E
Over 750 checked in to £4m Historics sale, potentially one of final auctions to be held within UK public event venues for months
Historics’ top priced seller Saturday 7 March in the Ascot Atrium was an Aston Martin DB6 guided at £279,000-320,000. The subject of a recent £120k restoration, and one of 245 Mk2s with the benefit of power-assisted steering, but with the less desirable auto-shift and full-length Webasto sunroof, the 1970 4-Seater GT that changed hands in 1979 for £5600, 41 years later, sold for £304,480 here.
By contrast, a 2018 DB11 Volante in Skyfall Silver, costing £175,000 new in April 2018, less than two years ago, was hammered away for £88,000.
The right-hand drive 1969 Lamborghini Islero S that was driven by a pre-007 Sir Roger Moore on the set of ‘The Man Who Haunted Himself’ and subsequently treated to a £100k restoration at Gantspeed in 1986 achieved £291,500, £6000 more than top estimate.
A recently and extensively restored 1974 Jaguar E Type S3 V2 Roadster, a manual on wires with factory hardtop, also made a better than expected £127,600, £27,600 more than forecast.
The best-selling Mercedes-Benz of 28 in the sale, a 1957 190SL Roadster, found £110,000, £10,000 above estimate, and there were very brave buyers for both 600 Limo projects, a 1972 with division and engine on a pallet taken on for £15,400 and a more complete Kuala Lumpur sourced 1964 without division for £20,350.
Porsche prices were led by an Oregon supplied 1989 911 3.2 Speedster, one of 2104 with a pair of visually controversial camel hump cowlings concealing the stowed-away manual top. Driven a mere 11,848 miles in 31 years, and with Tony Lapine styled references to the original 356 Speedster, the 31 year old sold for £107,800, just below estimate.
A 2014 911 50th Anniversary, one of circa 100 UK residents, most like the sale car with only 70 delivery miles on the odometer, went for £105,600, low estimate money.
An only 27 miles since 2016 one owner BMW M5 Competition Edition, one of 200 produced and one of 40 in right-hand drive, realised £88,000 and a 2016 McLaren 570S with 36,000 miles of service history fetched £75,900, its top estimate with premium. There were buyers for both right-hand drive California Ferraris, £75,350 paid for a 2006 with 10,682 mileage and £55,550 for a 2010 with 43,500 mileage.
A 45 mile old Land Rover Defender 110 Heritage of 2015 vintage raised a £4500 better than expected £49,500, while a £4900 more than estimated £20,900 was forthcoming for a deliberately scruffy looking 1964 VW Splitty Panel Van with rebuilt 1500c engine and rock n’ roll bed within a timber and hessian trimmed interior.
Fast Fords transacted included a late 1990s ground-up restored 1966 Lotus Cortina Mk1 bought for £45,650, close to low estimate, a 40,403 mile 1980 Escort RS2000 Custom Mk2 for a within guide £33,440 and a No Reserve 1981 Escort XR3 1.6 in receipt of photo-recorded restoration for £10,725.
With original Ford V8 Suffolk factory-changed to an Essex V6, the first and therefore pre-production 1967/8 Trident Clipper GT built in only fair condition was acquired for £8800.
After some provisional bids were converted into sales, 124 of the 188 cars in the Historics catalogue had sold for £4,092,924 including premium and an average of £33,007 had been spent per car bought.
Although the stats indicate 64 unsold classics, 34% of those on offer, 66% did sell - 29% of them auctioned ‘Without Reserve’, which were going to sell anyway, 34% sold within their pre-sale estimate bands, 24% selling for less than forecast prices and 13% impressively making more than their top estimates.
Considering the wall to wall doom being peddled by 24 hour newsrooms, many of the prices paid were remarkably historic, while the 750 or more ‘live attendance’ at this sale was both encouraging and quite extraordinary. With the rapid shutdown of everything in prospect however, this may have been the last ‘auction gathering’ of any size that was permitted to take place within a major UK event venue, such as Ascot Racecourse, for the foreseeable future. RH-E
No shortage of buyers at well attended Brightwells in still virus-free Herefordshire, where three quarters of cars auctioned sold for £1.45m
Brightwells star turn, a 25th Anniversary Edition 1988 Porsche 911 Turbo in right-hand drive that had come to market from an Irish Republic residency since 2006, delivered a result’s topping performance for the Leominster house and their vendor by selling for a within estimate £84,000. Also displayed before the rostrum in the main saleroom, a better than new in 1969 Halewood-Ford built Escort Twin Cam Mk1, which cost £1163 when new, but made an only just below forecast £47,040 on a March 4 Wednesday afternoon here.
Billed as “a straightforward restoration project” and auctioned at ‘No Reserve’, a 1968 Aston Martin DBS Vantage with 5-speed manual box and matching numbers was taken on for £44,240, and a ready for assembly, ex-Champion Plug Company 1968 Jaguar E Type S1 2+2 Fixed Head in pro-restored component form realised £29,120.
A 1963 Studebaker Avanti R2 Supercharged 289ci V8 with Borg Warner manual shift and photo album recorded 1990 restoration sold for a better than forecast £28,560 and a one owner 1991 VW T3 Synchro 4x4 with de-mountable Tischer T245 Twin-Berth Camper module also pulled well, selling for £20,770, £5770 more than top estimate.
From deceased ownership of 31 years, a 1954 Triumph TR2 with many upgrades, including TR34A engine and overdrive, and 30 MOTs had been clearly much loved and was worth owning for the £17,920 paid. A more recently restored 1934 Singer Nine Sports for four looked neat for £15,680 and a John Barlow overhauled 1935 Austin 7 Nippy was well bought for £10,080.
One of the highest fliers was a 1969 Morris Minor 1000 Traveller that had been driven only 11,095 miles from new by two owners, the first of whom parked the half-timbered time warp in a garage for 45 years. Exhumed, pro-recommissioned and MOT tested following 45 years in storage, and pre-sale estimated at £10,000-15,000, the 51 year old real Estate fetched £16,800. By contrast, an outwardly original 1970 Traveller with Midget 1275 engine and disc brakes sold for a within-guide £8850, half price.
Another deceased estate consigned 1951 Riley RMA’s claim to fame was having a dead body discovered in its boot in the BBC Daytime’s ‘Father Brown’ series, which did not prevent the movie-ready prop from selling for a more than estimated £9520.
After an 11am start and more than 6½ hours under the hammer, and with many provisional bids converted into sales, 148 or 75% of the 198 cars in the catalogue changed hands for £1,446,683 with premium and an average of £9909 had been spent per car bought.
Analysis of the sale stats shows that while No Reserve lots, which were going to sell anyway, accounted for 20% of sales, below estimate bids were accepted for 35% of cars sold, another 26% sold for within estimated prices and 20% exceeded their top estimates. And although 50 vehicles were unsold, there were still buyers for three out of every four classics auctioned. Encouragingly for our particular sector, too, plenty of punters made often very long journeys to be in the ‘live’ audience at both viewing and sale days.
"Pandemic", it's official. After 2 months, WHO finally declares Wuhan spread virus does have global Pandemic status.
Italy has already closed for business, France has banned public events. There will be no Essen Show or RM Sotheby's sale in Germany. And with no vaccines available and hardly any organised testing facilities, all gatherings must now be under threat of official deletion.
Many markets have already tanked, including the FTSE which fell 11% in one day, and most asset values may have very much further to fall. Travel bans will ground the weakest airlines, dinosaur cruise ship operators will sink. The Covid 19 driven recession has most certainly arrived - but for how long and at what cost is still in the unknown.
With the Italian Government shutting down all economic activity by decree with compulsory quarantine for the entire population and even funerals banned, the potential for UK event restrictions, including auctions held in public-access venues, may now be only a Cobra meeting away.
For while the Irish Republican regime has shut down schools and limited the numbers attending meetings held inside and outside, and the Nationalist Sturgeon has cancelled Scottish sports events with more than 500 spectators, Team Boris did at least encourage Crufts to go ahead at the NEC and the Irish to spend a fortune during Cheltenham Gold Cup week.
But in the face of much media hostility, Number 10's commendable 'business as usual for as long as possible' stance has become unstainable and draconian powers will enable Goverment to shut down mass gatherings and put national life on hold.
The Geneva Motor Show never even opened its doors, two MOTO GPs have been cancelled so far and, after the virus infected a member of the McLaren Team, the F1 season opener at Melbourne was abandoned just before practice and the first four Grand Prix have been cancelled, so far.
Understandably, Italian ski resorts, indeed all sports in Italy, have been closed down and EU mainland soccer matches, first played behind closed doors, were then not played at all. President Macron has closed schools,universities, even the Eifel Tower, and limited attendances at all 'Gatherings’ in France to 1000. Spain has declared a State of Alarm and closed bars and restaurants, The Trump, a National State of Emergency which includes barring 26 European mainland airlines from landing in the States.
Such is the depth of UK depression and uncertainty, it is hardly surprising that few are now advance-booking admission tickets, flights, ferries or accommodation for events at home or away that may never be allowed to take place.
The wisest auction firms meanwhile have been making contingency plans to hold sales at venues, preferably their own, where they, rather than local authority health and safety obsessed clip-boarders in hi-viz jackets, can still call the shots. Viewing day/s may have to be more controlled, admission strictly ticketed, with the private event sales themselves mainly for on-line audiences.
In the meantime, best advice has to be - if you must go out, keep a regulation 1 metre distance from the next solitary diner in the Italian or Chinese restaurant, of you can find one that is still in business, and leave some goodies on your local supermarket shelves for others to clear. Mask up and don gloves like a pathologist on TV, continually wash those hands, whilst singing the National Anthem (or Happy Birthday), preferably twice, and abandon hand shaking and kissing foreigners on both cheeks.
Seriously though, we must all be prepared for what must now be an inevitable self-isolated shutdown with little consumer appetite for anything remotely commercial, and that, sadly, 'may' have to include traditional car auctions, for quite a while too. RH-E
TR2 with Goodwood history cantered to £52,800 result at Sandown Park, where Barons also sold 1989 Porsche 911 Speedster for £100,000
The Vic Derrington modified 1954 Triumph TR2 was road tested by legendary scribe John Bolster in the 16 September 1955 Autosport and regularly raced, including at Goodwood. Subsequently works Lola driver Peter Gammon can be seen driving the VPJ 778 registered TR in the 28 August 1958 issue of what used to be the definitive must-read mag for race fans. A £48,000 commission bid for the once Canley factory built sports car, which had been estimated at £30,000-40,000, eventually overtook the best offer in the room, the winner paying £52,800 with premium. Look out for it at Goodwood.
The top seller at the Surrey racecourse 25 February however, by several furlongs too, was one of only 64 right-hand drive 1989 Porsche 911 3.2 Speedsters with Turbo-look bodywork and distinctively lower and more raked screen. In Guards Red with Black leather piped in Red formerly beloved by City Traders in red braces, the 48,000 miler was provisionally bid to an only £5000 below forecast £95,000 and speedily converted into a £100,000 sale.
A 1976 Rolls-Royce Corniche Convertible in the sale was acquired at auction at the same venue in 2017, since when vendor and car had toured England, Scotland and Ireland, the South of France and New Zealand, both North and South islands. Despite dry-cracked seat leather and a travel-torn hood, the £23,000-30,000 pre-sale estimate soon become a historic valuation as a new owner had paid £42,900.
A left-hand drive 1966 Jaguar 3.8 Mk2 auto on wires, repatriated from the Continent in 1976 and estimated at £15,000-20,000, sold for £23,650. A sign-written 1954 Austin Devon Pick-Up with very original interior sought a new owner-trader with £12,000-16,000 and found one prepared to pay £13,200. Whilst a considerably older Standard SL04 13.9hp Park Lane Saloon from 1926 realised £13,750 and a 1925 Bean Model 12 Convertible £12,100 - in the early 1920s Bean outsold Austin and Morris!
After a 60% sold Tuesday afternoon at the races without horses, 41 of the 68 classics in the Southampton firm’s new auction season opening catalogue had sold for £492,085, an average of £12,002 being paid per car. RH-E
DB5 valued at £709k during Silverstone’s Race Retro Saturday Sale at Stoneleigh, where £4.6m was spent on 59 cars over weekend
UK supplied £725,000-825,000 guided 1964 Aston Martin DB5 manual with engine rebuilt to 4.2-spec and upgraded suspension was bid to £630,000 and sold for £708,750 with premium during the Saturday 23 February 2020 session. While £331,250 was accepted for a 2019 DBS Superleggera, one of 50 celebrating the 50th Anniversary release of Bond movie ‘On Her Majesty’s Secret Service’. In 007 DBS Olive Green, it had been pre-sale estimated at £390,000-430,000.
There were also buyers for both Jaguar E Type Roadsters, a previously restored 1965 S1 4.2 with Eagle upgrades and service history realised a virtually retail £233,438, and a 1973 S3 5.3 V12 manual on wires a within estimate £84,375.
The front of house parked Ford RS200, a late production 1986 1195 mile Group B with upgraded interior estimated at £175,000-225,000, was applauded by the Race Retro faithful for selling for £182,250. A US Fast Ford 1967 Mustang GT Fastback with 347 crated engine and C6 auto box found a way over top estimate £92,250 and a 1987 Sierra TS500 Cosworth, one of four prototypes, a more than forecast £78,750.
A still unrestored 64,450 mile 1979 Escort RS2000 Custom 2-door sold for £34,875, forecast money, while a more than top estimate £20,250 was forthcoming for an Australian 1979 RS2000 with rare 4-doors and almost identical mileage. An unmolested 1988 Ford Capri 2.8i Special with verifiable 15,000 mileage went for £30,938 and a much mothballed 1990 Escort RS Turbo S2 for £23,625.
A top estimate and new world record £168,750 was available for a double-bubble roofed 1992 Lancia Hyena Zagato, number 9 of 24 based on an Integrale HF Evoluzione II, and a 1985 Renault 5 Turbo 2 changed hands here for a mid-estimate £70,313. A more than forecast £67,500 was paid for a Belgravia cossetted 1991 Mercedes-Benz 500E W124, one of 29 UK-supplied cars with 35,415 mileage, and a mid-estimate £45,000 bought a UK supplied 47,817 mile 1993 Vauxhall Lotus Carlton good for 176mph. The going rate in Warwickshire for a Japan market 1993 Honda NSX NA1 manual driven some 93,000 miles was £33,750, forecast money.
In terms of the amount paid over top estimate, the top performer was a former Californian supplied and early Porsche 911 2.0 SWB-Coupe built in March 1965 that had been a UK resident for 30 years. Dormant for the last three years and requiring light restoration at the very least, the front compartment was particularly disappointing under the underseal. Offered at No Reserve though and the first lot in the sale, the pre-1965 FIA event eligible 911 was really keenly contested until a very determined player in the room had bid an applauded £75,000 and paid £84,375 with premium. Whilst £77,625 was handed over for a 1973 911E 2.4 Targa MFI with 911S air dam, one of only 59 in right-hand drive supplied to the road salty UK market.
By contrast, the highest profile casualty of the afternoon was a right-hand drive Lamborghini Countach 25th Anniversary in stand-out Orange displayed on a plinth that had only done an unrepeatable 6390k from new in the hands of one owner since new in 1990. The £250,000+ sought was unachievable however and its sale was abandoned with £220,000 on the best bids screens.
After the second day’s play at the Race Retro auction, and after post-sale deals had been done, 33 other classic road car reserves had also been too high for a floods plus coronavirus depressed market. A head to head clash with the London Classic Car Show at Olympia may have been an unfortunate distraction too. Although there were nonetheless 59 changes of ownership at Stoneleigh, where 56% of the 103 car auctioned sold for just under £4.6m with premium and an average of £77,452 had been invested per classic. RH-E
Solberg Impreza WRC rallies to £189k result at Race Retro, where 70% of comp classics sell for £1.5m though star Lotus 19 fails to fly
Works Subaru Impreza driven on the 2007 WRC by Petter Solberg to second in Portugal and third in Greece achieved £189,000 with premium during the Silverstone Auctions Competition Car Sale at Race Retro 21 February 2020, when an untypically high 70% of the race and rally classics on the grid sold for £1.5m.
At the 2007 Festival of Speed, the Prodrive perfected ‘FT56 SRT’ was the very last rally car to be demonstrated in public by the late Colin McRae before being driven by Mads Ostberg to seventh in Finland and ninth on the RAC in the 2010 WRC. The highest price paid on a Friday afternoon in Warwickshire though was £213,750 (plus vat) which landed a brace of Invictus Games Racing Jaguar F Type SVR GT4 Coupes built by the bespoke division of JLR.
A just below forecast £143,333 was accepted for an FF Corse prepped Ferrari 488 Challenge with less than 5000 race kilometres underwheel that had included a pole, fastest laps and podiums. Whereas a most convincing looking 1987 Audi Quattro S1 Evo 2 with Porsche development RS2 ADU 2.2 5-pot engine and period ‘HB Audi Team’ paintjob flew above top estimate to sell for £110,250.
Repatriated in 2009 from the US to Germany, where well converted to RSR 2.8-spec, a once 1973 Porsche 911T lefty estimated at £65,000-75,000 cost an applauded winning bidder £101,250. The required £85,500 was available for a 1957 Cooper T43 Coventry Climax FPF 1.5 F2, the winner of dozens of historic races, while an East African Safari rallied 1972 Ford Escort RS1600 BDA Mk1 with strengthened AVO shell that made the Monte Carlo Rally Historique top twenty fetched £51,750.
A road legal 27,000 miles since 1973 Morgan Plus Eight Racer with two sets of Yokohama and Toyo shod wheels raised £40,500 and a 2018 Rally Isla Mallorca Legends Class winning 1986 Ford Sierra Cosworth Group A rally car with YB200 block and renewed floor was sold to an internet contestant for £35,438. A road event ready 1972 Lancia Fulvia 1600 HF Rally in externally fine cosmetic order, unexceptional engine bay apart, fetched £34,875, top estimate money.
Even though raced in period by a super-stellar line-up - Moss, Hill, Gendebien, Maggs and Ireland, and driven to victory by Jim Clark - the £375,000-450,000 estimated 1960 Lotus 19 Monte Carlo Climax chassis 953 ran out of bidding gas at £315,000 on the screens, one of 11 unsold cars under the hammer.
Consigned ‘Without Reserve’, 3 cars were going to sell anyway, while 6 made more than forecast, 12 sold for within estimate and only 5 went for less than their lower estimates in, traditionally and statistically, what has been the toughest auction category within the collector vehicle sector. RH-E
Bug flew Tricolore in Le Grand Palais with Retomobile sales topping 4.6m euros (£3.91m) result during 19.69m euros (£16.74m) Bonhams sale
A much appreciated 1932 Bugatti T55 Supersport with unique coachwork for two topped the sale results of all three Retromobile week auctions with a 4,600,000 euros (£3.91m) performance under the Bonhams gavel at the historic location of the very first Motor Show in 1901.
The Goodwood previewed Type 55 had started life as a 1932 Le Mans Bugatti works entry driven by Louis Chiron and Count Guy Bouriat-Quintart, before being re-configured by celebrated Parisian designer Giuseppe Figoni, who created the unique cabriolet coachwork still on the car 88 years later, albeit repaired and previously restored. It was in this new high fashion guise that Figoni bodied chassis 55221 became the overall winner of the 1933 Paris-Nice Rally with its second owner-driver, French publisher Jacques Dupuy.
Fresh to market in the French capital after more than 56 years in the ownership of leading British Bugatti connoisseur, the late Geoffrey St John, and latterly of his niece, Dr Alissar McCreary, the auctioning of this car was a once in a lifetime opportunity to buy a fine example of the golden age of automotive craftsmanship with the benefit of period Le Mans provenance.
All of which explains why this great Parisian beauty excited a serious, yet spirited three-way bidding battle, before finally being hammered away by Bonhams Malcolm Barber to a clearly ecstatic Bugatti collecting couple from Switzerland in the seats for 4m euros (£3.4m) to much applause. In this, the most palatial saleroom in the French capital, the premium inclusive 4,600,000 euros paid (£3.91) was not only the highest price at the Paris sales this year, but also more than any car achieved in all eight of the sales held in Arizona last month.
Whereas the sale of the 1931 Australian GP winning 1925 Bugatti T39 Grand Prix 2-seater had to be abandoned with an insufficient 820,000 euros (£697,000) on the currency scoreboard. While an originated in 1967 Ferrari 206S Sports Prototype, re-bodied in 1969 as the current lightweight ‘Montagna’ and a finisher at the 1970 Targa Florio, fell short of vendor expectation and was also unsold at 2,850,000 euros (£2,422,500).
A sparkling 1935 Mercedes-Benz 500K, one of only 31 Sindelfingen Cabrio A built, delivered new to leading French film actor of the day Henry Garat, did sell however for a within estimate 1,610,000 euros (£1.37m), while a below guide 1,033,333 euros (£878,333) was accepted straight afterwards for a 1963 300SL Roadster with disc brakes, all-aluminium engine and factory hardtop. A 1971 280SE 3.5 Cabrio with floor-shift box went for 299,000 euros (£253,312).
A more than top estimate 1,610,000 euros (£1,368,500) and a new world record price for the marque was forthcoming for a well-worn, but apparently working well 1931 Invicta 4½-Litre S Type Low Chassis Sports with original engine and registration and mostly original paint and interior. A Brooklands-winning, works-built 1934 Talbot AV105 in Racing Talbot distinctive Apple Green meanwhile, retrospectively a Plateau 1 winner at a Le Mans Classic and a past winner of the 2013 Flying Scotsman Rally, also changed pilotes for a healthy 879,750 euros (£747,788) with premium.
An only just below estimate 724,500 euros (£613,796) bought a brightly painted 1955 Alfa Romeo 1900SZ Zagato Coupe and an always rare 1952 Pegaso Z-102 2.8 Cabrio by ENASA fetched 713,000 euros (£604,053). While imposing Germans sold here included a 1937 Horch 853 Spezial Roadster in the grand style of Erdmann & Rossi captured for a less than estimated 563,500 euros (£477,397) and a Maybach SW38 Spezial Roadster of the same vintage in the style of Spohn for 517,500 euros (£472,397).
One of the most viewed lots in the Palais was a 1926 Hispano-Suiza H6B with bespoke Phaeton Cabriolet coachwork by Derham of Pasadena to a Hibbard & Darrin design. Complete, but more than ripe for total restoration, the once Countess owned project, which was rediscovered on a Michigan ranch, was taken on in Paris for 333,500 euros (£282,541). The same money bought a run-ready 1927 Bugatti T40 which had been fitted with Grand Sport Roadster coachwork during an older restoration in the UK.
A 1958 Aston Martin DB Mk3 Tickford Fixed Head left hooker persuaded a new owner to part with 253,000 euros (£214,341) and the same was paid for a high rise 1915 Rolls-Royce 40/50p Silver Ghost London to Edinburgh Limo. A buyer paid 241,500 euros (£204,598) for a 1958 Porsche 356A Speedster, while a 1938 Delahaye 135M ‘MyLord’ Chapron Cabrio cost the next guardian 235,750 euros (£199,727), a 1956 Lancia Aurelia B24S PF Cabrio 227,500 euros (£192,738), and a 1935 Delahaye 135 ‘Coupe des Alpes’ Labourdette Coupe 230,000 euros (£194,856).
And now for something completely different, from this century. Based on a 2009 Ferrari Scuderia donor was a 2019 Manufattura Automobili Torino Lancia Stratos look-alike with carbon-fibre bodywork and F1-type paddle-shifters to play with that packed a 540bhp 4.3 V8 in the tail. Number one of a planned production run of 25, and therefore also the first to be auctioned, had only done 3000k since transformation by MAT and fetched 690,000 euros (£586,500), a huge amount for what will always be a Stratos Rep.
And yet all three collector ‘Lancia’ Lancias did not sell. For a 1985 Delta S4 Stradale that had been driven less than 3000k since new by two owners ran out bids at 470,000 euros. A genuine Stratos HF Stradale from 1976 was unsold at 360,000 euros (£306,000) and a Markku Alen and Micki Biasion rallied 1988 Delta HF Integrale 8v Group A that Alen had driven to victory on the Rally Costa Smeralda also ran out of gas at 200,000 euros (£170,000) when at least 280,000 euros (£238,000) was sought.
Before any post-sales had been done, a total of 63 or 64% out of 98 voitures had sold for over 19.4m (£16.49m) and an average of 312,587 euros (£265,699) had been spent per car. Although 35 cars did not sell, several of the higher priced ones did, which bucked the trend seen at many end of 2019 sales in the UK.
In what remain most uncertain times internationally however, the T55 result was undoubtedly a huge fillip for Equipe Bonhams and their latest Paris sale also confirmed that enthusiast buyers for post-WW1 and pre-WW2 automobiles are far from extinct. RH-E
1995 Ferrari F50 sold for over $3.2m (£2.45m) & 1970 Porsche 914/6 GT set $995,000 (£756,200) record at Gooding who dominated Arizona Top 10
Now that all eight of the annual Arizona auctions have declared results, the final numbers can be crunched and a total of 2994 sales confirmed, 77% of the 3867 cars catalogued for this year’s January sales compared to the 81% sale rate in 2019. While the $244.1m (£185.52m) spent in ten days was only 3% down from the $251m (£190.76m) 2019 Arizona sales total. With 574 or 17% more cars consigned this year, the average spent per car at these US and global collector vehicle auction season-openers was $81,534 (£61,966), down from the $94,374 (£71,724) in January 2018.
Most significantly of all, market analysts Hagerty report that 25% fewer million dollar plus cars were offered this year and most sold below their Hagerty Price Guide HPG values. For the first time since 2012, the international insurance brokers point out that no car broke the $5m (£3.8m) barrier in Arizona this year.
The Hagerty market monitors’ top ten were led by –
1995 Ferrari F50 Coupe (Gooding) $3,222,500 (£2,449,100)
2020 Chevrolet Corvette Stingray Coupe (Barrett-Jackson) $3,000,000 (£2,280,000) to benefit Detroit Children’s Fund
1932 Hispano-Suiza J12 Dual Cowl Phaeton (Gooding) $2,425,000 (£1,843,000)
2018 Pagani Huayra Roadster (RM Sotheby’s) $2,370,000 (£1,801,200)
1948 Tucker 48 Sedan (Gooding) $2,040,000 (£1,550,400)
2021 Lexus LC 500 Convertible (Barrett-Jackson) $2,000,000 (£1,520,000)
1967 Ferrari GTS Spider (Gooding) $1,985,000 (£1,508,600)
1972 Ferrari 365 GTS/4 Daytona Spider (Gooding) $1,930,000 (£1,466,800)
1951 Ferrari 212 Inter Cabriolet (Bonhams) $1,930,000 (£1,466,800)
1967 Ferrari 330GTS Spider (RM Sotheby’s) $1,710,000 (£1,299,600)
Stats per house show –
Barrett-Jackson declared 1908 cars sold, 99.9% of the 1909 offered for $137.1m (£104.2m), an average of $71,833 (£54,393). Two 2017 Ford GT Coupes sold for $1,485,000 (£1,128,600) and $1,182,500 (£898,700), 1969 Chevrolet Camaro COPO Sport Coupe $1,094,500 (£831,820), 2019 McLaren Senna Coupe $946,000 (£718,960) and 1963 Aston Martin DB5 $660,000 (£501,600).
Gooding sold 122 cars, 89% of 137 offered for $35.8m (£27.21m), average of $293,501 (£223,061). Sales included 1960 Ferrari 250GT S2 Cabrio $1,462,500 (£1,111,500), 1968 Lamborghini Miura P400S Coupe $1,242,500 (£944,300), 2014 McLaren P1 Coupe $995,000 (£756,200), 1970 Porsche 914/6 GT Targa $995,000 (£756,200) and 1958 Mercedes-Benz 300SL Roadster $940,000 (£714,200).
RM Sotheby’s sold 128 cars, 90% of 143 offered $30.3m (£23.03m), average of $462,360 (£351,394). Sales included 1971 Lamborghini Miura P400 SV Coupe $1,391,000 (£1,057,160), 1955 Mercedes-Benz 300SL Gullwing Coupe $1,270,000 (£965,200), 1930 Cadillac Se452 Fleetwood Sport Phaeton 5-speed $1,105,000 (£839,800) and 2008 Bugatti Veyron 16.4 Coupe $1,105,000 (£839,800), 1937 Mercedes-Benz 540L Hebmuller Coupe $995,000 (£756,200) and 1957 Mercedes-Benz 300SL Roadster $973,000 (£739,480).
Leake sold 357 cars, 53% of 674 offered for $16.6m (£12.62m), average of $46,574 (£35,396). Prices were headed by a 2012 Lexus LFA Coupe $429,000 (£326,040), 1957 Chrysler 300C Convertible $357,500 (£271,700), 1958 Dual-Ghia Hemi Convertible $330,000 (£250,800) and 1960 Chrysler 300F Convertible $319,000 (£242,440).
Bonhams sold 88 cars, 81% of 108 offered $8.4m (£6.38m), average of $95,872 (£72,863). Sales included 1955 Lancia Aurelia B24 Spider America $810,000 (£615,600), 1924 Rolls-Royce Silver Ghost Piccadilly Special Roadster $368,000 (£279,680), 1995 Ferrari 512m Coupe $313,000 (£237,880) and 1972 Ferrari Dino 246GTS Spider $280,000 (£212,800).
Russo & Steele sold 251 cars, 49% of 513 offered for $8.0m (£6.08m), average of $31,998 (£24,318). The top sellers were 1956 Porsche 356A Speedster $258,500 (£196,460), 1989 Mercedes-Benz 560SEC Wide Body Coupe $253,000 (£192,280), 1970 Plymouth Road Runner Superbird Hardtop Coupe $214,500 (£163,020), 1966 Shelby GT350 Fastback $156,750 (£119,130) and 1973 Lamborghni Espada 400 GTE S3 Coupe $154,000 (£117,040).
Worldwide sold 42 cars, 76% of 55 offered for $6.1m (£4.64m), average of $144,264 (£109,641). Top sellers were 1936 Auburn 852 Supercharged Speedster $880,000 (£668,800), 1930 Duesenberg Model J Willoughby Berline $605,000 (£459,800), 1937 Packard Twelve-Series 1508 Convertible Sedan $451,000 (£342,760) and 1997 Porsche 911 Turbo S Coupe $341,000 (£259,160).
MAG sold 98 cars, 30% of 328 offered for $1.7m (£1.29m), average of $17,846 (£13,563). On pole was 1968 Shelby GT500 KR Fastback sold for $167,400 (£127,224), 1970 Ford Mustang Boss 302 SportsRoof $64,800 (£49,248), 1934 Piece-Arrow Model 836A Sedan $47,250 (£35,910) and 1968 Dodge Charger Hardtop Coupe $44,820 (£34,063).
The sales stats at the Arizona sales every January accurately reflect reality in the world’s largest collector vehicle market, where although noticeably fewer mega buck automobiles bought for historic prices were consigned this year, very nearly 3000 classic cars did nonethess change their Petrolheads .RH-E
Over £1.9m spent on 190 classics during ACA’s best attended 85% sold Saturday sale ever as Bong-free Big Ben silently awaits Brexit Day
An unprecedented 40 classics, 22% of the cars that sold Saturday 25 January, were auctioned ‘Without Reserve’ including a much viewed 1988 BMW M3 Evo 2 lefty. Resident in Belgium for 22 years before migrating to the UK in 2012, since when it had been fussily and expensively transformed into a podium car, the now most collectible E30 most deservedly realised £68,900 with premium. £79,600 meanwhile was also forthcoming for a No Reserve 1966 Alfa Romeo 1600 Giulia Spider that had been freshly restored to a high standard.
A 1961 Jaguar E Type S1 3.8 ‘Flat Floor’ Roadster with numbers still matching just achieved a lower estimate £95,400. Whilst a further 51 cars, 28% of those sold, achieved more than their top estimates. Among them, a right-hand drive Porsche 911 Type 930 Turbo from 1983 came to auction following 18 years storage to make a more than top estimate £66,780 and a UK market 1987 911 3.2 Carrera G50 with factory air-con and sunroof also realised a better than expected £38,690.
The latest ‘Fast Ford’ Sierra RS Cosworth 3-door to be driven past the rostrum in King’s Lynn was an unrestored 1986 55,240 miler that had been vendor owned since 2002 and sold for £39,220. Whilst long after the catalogues had sold out, which they had done to a record-breaking crowd by elevenses, a 1981 Capri Mk3 3.0 Ghia with X-Pack engine and steroidal wings pulled £25,440.
The required £37,100 was available for a previously restored 1965 Austin-Healey 3000 Mk3 BJ8 that had been converted from left to right-hand drive following repatriation and £18,020 bought a live axle Triumph TR4 that was last restored fifteen years ago. While a new owner paid £10,176 for one of only four surviving Triumph six powered 1972 TVR 2500Ms from fourteen years storage.
A 1948 Bristol 400 that failed to sell at Brightwells Bicester in October 2018, when guided at £45,000-50,000, and at H&H Duxford last October with £40,000-45,000 estimate, had been even more realistically catalogued this time at £30,000-40,000 and finally sold for £32,860.
Much more exciting to petrolheads under forty would be a well presented 2000 Mitsubishi Lancer Evolution VI with upgraded suspenders and 15,872 warranted mileage, one of whom had to pay a more than top estimate £30,740 to become the fourth owner. An Audi WR-Quattro 10v Turbo, driven 76,726 miles by seven owners since new in 1986, cost the next one £28,620, top estimate money. Indeed 64 or 35% of cars sold went for forecast sums.
A small herd of Land Rovers found new keepers here led by a £45,580 2015 Defender Landmark that had never been near a cow pat in 80 miles. The fifth owner landed a 1971 S3 that had been treated to a two year rebuild to a high cosmetic standard for £32,860 and an only 38,521 miles and three owners from new in 1973 88 S3 with renewed chassis and bulkhead may also have been well bought for £26,500.
In storage since Car SOS restoration on TV, a 1988 Renault 5 GT Turbo fetched a mid-estimate £14,416 and an equally sharp 1989 Toyota MR2 with 65,810 warranted mileage deserved its £7632. Much viewed, too, was a No Reserve 1997 Hilux 2.4 Turbo D 4WD Pick-Up with 22 service stamps during 56,423 warranted miles that was well picked up for £9540.
Volkswagen Audi of Milton Keynes out-bid the competition to buy back a 54 year old Auto Union badged DKW F11, paying £5936 with premium to do so. But then the front-wheel drive, 3-cylinder, 2-door had only been driven 713 miles from new in 1966 and had been dry-preserved for 36 years! Your Correspondent is young enough to remember Quick Vic Elford navigated by David Stone smoking their earlier Deek 2-stroke down the lanes during 1962 British road rallies.
A couple of other automotive curios that caught the editorial eye among the 220 strong entry for ACA’s really well attended season opener - a 1955 Simca 1000 Bertone Coupe, one of only three to be at large in the Brexit Isles, which got hammered for £5406, and a Norfolk registered 1968 Fiat 850 S2 Coupe, vendor owned since 1982 and stored for the last 30 years, taken on for £5194.
After some post-sales had been concluded,190 or 86% of the cars consigned had changed hands, whilst 30 or 14% of the entry were unsold. After such a marked pre-election depression had sapped buying power from many of the end of 2019 season sales in the UK, and without any internet bidding facility to slow things down in King’s Lynn, plenty of real people could be seen waving at the auctioneers.
The weather being un-seasonally clement on the day and there being few rival distractions taking place, particularly in the East Anglian counties, both certainly helped to boost the live turnout. Many more though had made very long journeys to sniff the exhausts and buy plenty of cars. With a bong-free Big Ben ticking silently towards next weekend’s next step to independence from the EU, this was a quite extraordinary close to £2m day out where once the Angles ruled. RH-E
Bidders from 25 countries bought 90% of cars for $30.4m (£23.41m) at RM Sotheby’s 2020 season opener in Phoenix during Arizona auction week
A 2018 Pagani Huayra Roadster, the 42nd of 100 built that had only been driven 100 miles, was the $2,370,000 (£1,824,900) best seller at the Arizona Biltmore16-17 January 2020, when four modern supercars made the RM Sotheby’s top ten and there were buyers for 128 of the 143 classics consigned for the two-evening sale.
For a 2008 Bugatti Veyron 16.4, one of 178 fixed-roof coupes, fetched $1,105,000 (£850,850) and a No Reserve 2017 Ford GT $923,500 (£711,095). The new going rate here for a 2005 Porsche Carrera GT was $786,000 (£605,220).
One of 99, Classiche-certified 1967 Ferrari 330GTS by Pininfarina achieved $1,710,000 (£1,316,700), the second highest price, and a 1971 Lamborghini Miura P400 SV by Bertone from 40 years of single ownership brought $1,391,000 (£1,071,070) to occupy third place in the results.
Three Mercedes-Benz made the top ten, led by a 1955 300SL Gullwing with matching numbers sold for $1,270,000 (£977,900) from a CCCA Full Classic 1937 540K Coupe from five decades of Nebraskan ownership for $995,000 ($766,150), the same money forthcoming for a two-owner 1957 300SL Roadster. The top priced Classic American was the Groendyke Cadillac V16 Sport Phaeton from 1930 sold for $1,105,000 (£850,850).
Among some of the more mainstream valuations for market watchers, a 1971 Ferrari 365 GTB/4 Daytona Berlinetta had depreciated to $467,000 (£359,590) and a 1972 Ferrari Dino 246GTS cost $340,500 (£262,185). A 1992 Lancia Delta HF Integrale Evoluzione raised $107,520 (£82,790), a 1973 Citroen SM $64,400 (£49,588) and a 1982 Delorean DMC-12 $44,800 (£34,490).
Four Jaguar E Types changed hands, a 1966 S1 4.2 Roadster for $271,600 (£209,132), a 1961 S1 3.8 Roadster for $156,800 (£120,736), a 1970 S2 4.2 Roadster for $84,000 ($64,680) and a 1970 S2 4.2 Fixed Head for $72,800 (£56,065). $103,600 (£79,772) bought a 1953 XK120 Roadster
A 1961 Sunbeam Harrington Alpine NART Coupe made a racey $196,000 (£150,920), while two Sunbeam Tigers were captured, a 1966 Mk1A for $86,800 (£68,836) and a 1966 Mk2 for $70,000 (£53,900). Big Healey prices paid were $74,480 (£57,350) for a 1967 3000 Mk3 BJ8 and $56,000 (£43,120) for a 1962 Mk2 BT7. A 1956 100-4 BN2 sold for $62,160 (£47,863).
A Feltham era Aston Martin DB2/4 Mk2 of 1955 vintage from the old country could be bought for $112,000 (£86,240), a 1937 MG SA Saloon for $67,200 (51,744) and a 2005 Morgan Aero 8 for $84,000 (£64,680). The average price paid for a non-essential automobile in the state capital amounted to a far from unhealthy $237,080 (£182,551) and, after the last post-sale deal had been done, only 15 cars were unsold.
Among them however were six well presented Ferraris, headed by a 1958 250GT Cabrio S1 for which $5,500,000 ($4,235,000) was not enough. A 1965 275GTB/6C was also passed with an insufficient $1,700,000 (£1,309,000) on the multi-currency scoreboard and time was called for a 1954 250 Europa GT Coupe at a below reserve $1,350,000 (£1,039,500). A bid of $450,000 (£346,500) could not buy a 2015 458 Speciale A nor was $360,000 (£277,200) sufficient to own a 1962 250GTE 2+2 S2 and a 2018 GTC4 Lusso 70th Anniversary ran out of road at $300,000 (£231,000).
Another high profile casualty in petroleum self-sufficient Trumpland, where stocks continue to fly, was a 2019 McLaren Senna for which the sale was abandoned with $1,000,000 (£770,000) on global trading screens. Historic reserves for many top cars are no longer achievable, it seems, in what has become for many players a cautious game of wait and see. RH-E
Californian 1971 Datsun 240Z in receipt of £60k Historic Marathon prep for 2012 London to Cape Town doubled CCA estimate to sell for £37,185
Jaguar E Types headed the Classic Car Auctions prices Saturday 7 December at the Warwickshire Event Centre beside the Fosse Way at Leamington Spa, where £82,140 was paid for a UK-supplied in 1962, right-hand drive S1 3.8 Roadster that had been rebuilt around a Martin Robey monocoque with panels and upgraded by XK Engineering in 1992, and £74,370 was forthcoming for another home market, though twice restored 1974 S1 3.8 FHC.
A 1964 Morris Mini Cooper 970S still with matching numbers, one of only 965 produced by BMC to satisfy FIA homologation requirements, Fred Walters restored and still with matching numbers, made a more than top estimate £41,070. A mid-estimate £35,520 bought a once Rootes registered 1966 Sunbeam Tiger Mk1 with correct Ford 4261cc motor and original seat leather that had been back to bare metal repainted in 2014. A 1972 Rover 3.5 P5B Coupe with 53,748 warranted mileage sparkled by the Christmas tree and raised a festive £32,190, £7190 more than top estimate.
In the £25,000-30,000 band, £26,640 bought a UK supplied 1986 Porsche 911 Carrera 3.2 Sport Targa with 915 5-speed transmission, £35,530 an apparently well restored South African Ford 1972 Capri Mk1 3000 GT XL, also in right-hand drive, and £25,530 a 1974 BMW 3.0CS E9 with later M30 B35 injected engine from a 635CSi mated to a 3-speed manual box and Recaros from an M635i.
A budget of £20,000-25,000 would have purchased a 28,000 mile 1988 Jaguar XJS 5.3 V12 with TWR visual upgrades for £23,310 or an effectively one company/then private owner from new in 1992 Ford Sierra Sapphire RS Cosworth 4-Door with 53,500 mileage for £20,535.
With £15,000-20,000 to spend, a 1973 Triumph Stag Mk2 3.0 manual with hardtop could have been yours for £19,425, a 1991 Peugeot 205 1.9 GTI driven 46,800 miles by two lady owners for £17,538 or a 1991 Jaguar XJS Le Mans 5.3 V12 with quad-headlights and 44,900 warranted mileage for £16,650.
Whereas for £10,000-15,000, a 1968 MGC Roadster with walnut dash cost a new owner £14,763, a 1968 BMW 2000 CSA E9 Pillarless Coupe with documented £15k resto £14,430, a late production 2nd generation 45,000 mile Honda S2000 of 2008 vintage £12,210 or an SOC calendar featured 1982 Ford Escort RS1600i with 115bhp CVH £11,988.
After CCA had closed their book on their final auction of the year, 67% of the 130 classics on display at the WEC had been knocked down to new owners, who spent a sale total of £1,231,315 including 11% buyer’s premium and an average of £14,153 per car bought.
Silverstone’s ‘Everyman Classics’ division will next set up their rostrum at ‘The Practical Classics Classic Car & Restoration Show’ in the NEC at Birmingham, where sale cars can be viewed 10am-5.30 pm Friday 27 March and will be auctioned in separate sales Saturday and Sunday.
For reality checks on the market-significant prices paid during the final batch of 2019 auctions, check out more Reviews on C.A.R. by clicking onto More News and scrolling through the many sales in stock. May your 2020 surfing be both prosperous and fun. RH-E
One registered owner 1962 TVR Grantura Mk1/Mk2A Climax FWE 1220cc project with only 20,600 mileage made £18,000 at H&H in Buxton
The 27 November top seller at the Northern auction firm’s original Pavilion Gardens venue in the Peak District Spa town though was a 2000 restored 1960 Chevrolet Corvette Convertible with uprated V8 fueled by a Weber quartet with the rarer 4-speed manual box which sold for a mid-estimate £50,625.
A mid-estimate £42,750 also bought a Seatle supplied in 1973 Jaguar E Type S3 V12 Auto Roadster left hooker with 33,425 mileage. A within forecast £39,375 was paid for a home market 1968 E Type S2 4.2 2+2 Fixed Head with refurb bills for £26k since 2000 and a home market 1962 Mk2 3.4, a manual with overdrive saloon that had been sympathetically upgraded with £44k of bills on file, had been correctly guided when bought for £26,719.
On the basis that most have been over-worked into the ground and scrapped, a ‘Pig Snout’ Ford Transit Van in the sale that had been bought new by its current owner in November 1970 has to be a statistically rare example of a model that became infamous in the bad old smash and grab days.
For in 1972, the Met Police actually endorsed the Southampton-manufactured Transit, reporting that it had been employed for 95% of bank raids. According to a Scotland Yard spokesperson - “With the performance of a car, and space for 1.7 tonnes of loot, 'Britain's Most Wanted Van' is proving to be the perfect getaway vehicle.”
Coming to the collector vehicle market for the first time in 49 years, and auctioned with No Reserve, the J-reg White Van Man’s most trusty transport sold for a workmanlike £16,875.
By the time the last of the 124 consigned vehicles had been cleared from the Octagon Theatre and hard standing outside, 71 or 57% of the entry had sold for £804,213 with premium and an average of 11,327 had been spent per classic bought.
The H&H 2020 auction season commences again 18 March at the Imperial War Museum beside the M11 at Duxford in Cambridgeshire with the next sale on home turf at the Pavilion Gardens Buxton in Derbyshire booked for 29 April. On your behalf, C.A.R. aims to make those journeys and will continue to provide independent comment on whatever the reality may be at the time. RH-E
1988 BMW M5 E28, 1 of 2 in Malachite Green of 187 in RHD with 94,987 mileage, raised over-estimate £51,520 at Brightwells 2019 finale
Also performing strongly at the best attended end of season sale was another of the same RHD batch of hand-built M5 E28s, a 3 owner 104,500 miler which also sold for a more than forecast £38,080. Whilst the required £43,680 was forthcoming for a 1970 Mercedes-Benz 280SL W113 auto in LHD with hard and soft top.
The front of rostrum parked 1933 MG J2, down to last nut and bolt rebuilt with Phoenix crank, deservedly made a mid-estimate £29,120 and an apparently well preserved 1935 Lagonda Rapier Coupe by Abbott with pre-selector gears found a forecast £28,560.
The sale’s highest price of £54,093, the lower estimate, secured a locally sourced paddock package consisting of the race-ready, but now road-friendly 2011 Morgan Motor Company Works Plus Four Supersports 60th Anniversary Prototype plus ex-Le Mans Gulfstream Motor Home.
By contrast, a 1934 Morgan 3-Wheeler 3-speeder project, formerly known as ‘Safari’ and late-1960s raced by Brian Clutterbuck, former Morgan Club Chairman, with water-cooled JAP ohv was taken on for £16,240. Whilst a preferred 1934 vintage water-cooled Matchless MX4 V-twin with carb and magneto and claimed to have run recently, was keenly contested until purchased for £7168 with premium.
Mini Traveller prices paid here were £16,240 for a recently minted 1967 Mk1 Woodie with 1275S engine and brakes, and a more than double lower estimate £12,100 was required to become the fourth owner of a Mini Clubman Estate with Bush radio and picnic basket in the back that had been driven only 31,000 miles from new in 1971.
Renaults sold included a UK-supplied, 53,000 mile and mostly original 1968 R4 estimated at £4740-6000 for £7280. A below estimate £4704 bought a 1967 Caravelle Convertible runner with hardtop needing more than attention. While a surface-rusty rear-engined 1960 4CV project, a UK market original that has become almost extinct in RHD, was auctioned Without Reserve and swept up for £4032.
A clutch of 1960s to 1970s Vauxhalls were valued with £5600 available for a 21,000 mile 1963 VX/90, an older restoration, and a back to bare shell restored 1980 Vauxhall Royale badged version in 2.8 auto guise of GM Opel’s Monza A1 Coupe made the same money. A No Reserve 1978 VX4/90 2.3 FE requiring some recommissioning fetched £3360 and a rare in 1972 No Reserve Ventora 3.3 Saloon manual £3160.
A really packed house had seen 134 of the 212 much viewed consigned cars sell during a 63% sold mid-week sale for £1,244,360, an average of £9271 spent per classic bought. The Herefordshire firm’s first sale in 2020 will again be held at their Leominster HQ Wednesday 4 March. RH-E
Older restored 1961 Mercedes-Benz 190SL with hardtop and dented wing was driven past Bonhams MPH rostrum to sell for £57,375 at Bicester
The 26 November sale’s top seller on the expanding Bicester Heritage campus was a freshly repainted 1961 AC Greyhound Bristol 2.2 Coupe, the subject of a 570 hours Spencer Lane-Jones restoration 20 years ago, which fetched £60,187, just over lower estimate, while £60,000 was accepted afterwards for a recently restored and repainted 1968 Porsche 911 SWB lefty that had spent much its life on the EU mainland.
£43,000 bought a 1952 Bentley MkVI Special with standard-length chassis, £42,750 a stunning 1966 VW Type 2 Double-Cab Pick-Up, upon which £120k had been lavished, £32,062 a 1969 Jaguar E Type S2 2+2 Coupe with left to right-hand drive conversion and engine bay for improvement, and £31,500 a running Swiss-supplied 1971 Maserati Indy 4.2 manual.
Those with budgets of £20,000-30,000 could have owned a 43,000m 2004 Aston Martin DB9 Coupe with paddle-shift sold for £26,437, a £30k restored 1986 Ford Escort RS Turbo for £25,312 or an ex-left-hand drive 1970 E Type 4.2 S2 2+2 Coupe with 5-speed manual box for the same money, a 1972 E Type S3 V12 Coupe manual also left to right converted for £23,062 or a UK-supplied 1981 Porsche 911 SC Targa with 17 old MOTs for £20,812.
In the £15,000-20,000 bracket were a 65,623 2004 Bentley Continental GT sold for £18,562, an EU mainland toured 1972 Citroen DS 20 Pallas 5-speed manual for £18,562 or a 3 owner and still neat 1986 Ford Capri 2.8 Injection Special for £17,437. A further 6 classics sold for £10,000-15,000, 15 more £5000-10,000 and 11 below £5000.
By the time the WW2 Hangar 113 doors had closed on a Tuesday afternoon in Oxfordshire, 48 or 52% of the 98 cars auctioned had changed hands for a premium-inclusive £727,437, an average of £15,155 spent per classic. Bonhams MPH sales at Bicester Heritage in 2020 however will be held on Saturdays, which are deemed to be more accessible for most, the first of four ‘Drive Through’ sales scheduled for 21 March with viewing pm Friday 20.
Further analysis of the other final sales of the mainly UK classic auction sale season can be checked out in preceding Stop Press Reviews by clicking onto News and scolling down your laptop or i-phone screens. C.A.R.wishes all our surfers a Happy New Year and a successful season whether buying, selling or driving whatever, wherever. RH-E
Further off-season analysis of the final sales in 2019 may inspire more to bid and buy or potential vendors to consign and sell during 2020
A one owner since 1972 BMW 3.0CSi that had been restored prior to spending the last decade asleep in a heated garage inspired some of the most competitive quick-fire bidding of the old year in the seats, via telephones and on-line. The £13,000-19,000 pre-sale estimate was quickly overtaken and the second owner had to pay £47,300 with premium.
Appropriately within the Mercedes-Benz World Brooklands venue for the Historics final sale of the old season however, an incredibly long and apparently cosmetically excellent 1971 M-B 600 Pullman was the Saturday 23 November sale top seller with a £240,000 performance. By sale end, there were new owners for 70% of the 31 Mercs auctioned, including a 1982 500SL Roadster with factory hardtop which demolished its estimated value of £23,000-27,000 to cost a winning bidder £40,700.
A once 1925 Bentley 3-Litre Rippon Saloon with division that had been re-bodied as an Open Tourer for four in 1952 made a within estimate £214,500 with premium. Three restored E Type Roadsters with 4.2 engines bucked what had been a depressed sector led by a still LHD 1966 S1 sold for £152,240, a UK market 1965 S1 for £124,520 and an L to RHD converted 1967 S1½ for £93,500. 43 different marques were represented at this sale.
After some early post-sales had been done, 103 cars had sold, 72% of the 143 offered, for £3,276,260 including 10% premium, just under £1m of which was bid on-line, while an average of £31,808 was spent per classic bought. Historics new season opener will again place in the Atrium of Royal Ascot Racecourse Saturday 7 March 2020, when all stakeholders will hope that the going will be good to firm. RH-E
Lotus Cortina Mk1 cost buyer £36,750 in final 2019 sale for classics in Scotland, where £61,950 E Type 4.2 S2 OTS led £592k 50% sold results
A well-presented 1966 Ford Lotus Cortina Mk1 successfully auctioned in Scotland for £36,750 including Morris Leslie’s 5% premium was repatriated to England. The top priced lot of the Saturday 23 November sale at Errol airfield though was a 1969 Jaguar E Type 4.2 S2 Roadster sold for £61,950.
‘Big Healeys’ cost buyers £44,100 for a 1963 3000 Mk2 and £29,400 for a 1958 100/6. £33,075 was paid for a 1964 Austin Mini Cooper 1275S and £22,575 apiece was forthcoming for a 1988 Ford Sierra RS Cosworth and a 1989 BMW 325i SE with Alpina upgrades. A half-timbered 1953 Morris Oxford Traveller MO was an unusual acquisition for £15,225 and a smaller capacity 1979 Triumph Dolomite 1300 SE in Light Denim Blue was another rarity to change hands for £6090.
The Perthshire vehicle auctioneers’ final 2019 sale for collector cars saw 81 sell for £592,400, 50% of the 162 offered with an average spend of £7314 per classic. The Scottish firm’s first sale for classics in 2020 is set for Saturday 22 February. RH-E
No Reserve RHD 1973 Ferrari Dino was well bought for £195,500 at RAF Museum, where bidders took on all 3 pre-wars after 60 years in storage
Delivered new to the UK, in receipt of pro-restoration 2008, colour-change repainted more recently and with believed to be 38,695 total mileage, the talking point 1973 Ferrari Dino 246GT auctioned ‘Without Reserve’ by Bonhams 21 November at Hendon was unsurprisingly keenly bid to gavel fall at £170,000, costing the delighted new owners £195,500.
The three pre-war ‘Time Warp’ headliners, two Bentleys and a Rolls, had all sourced from and laid up by one Parker Snyder of Ohio since 1960. “For restoration” or, at the very least, “requiring full re-commissioning”, the 1926 Bentley 3-Litre Red Label Speed Model with Open Tourer coachwork for four by Vanden Plas made an estimated £287,500, a 1934 3½-Litre 4-Seater Tourer, again by Vanden Plas, a just below forecast £159,850, and a 1926 Rolls-Royce 20hp, originally a Trials Car that had been re-bodied in period with Park Ward Open Tourer coachwork for four by Park Ward, £34,500, some £20,000 below guide.
With £138,000 to spend, a 1934 R-R 20/25hp Gurney Nutting Owen 3-Position Sedanca Coupe with restoration bills for £120k paid might have been yours. A budget of £95,000-100,000 meanwhile would have secured a 1939 Bentley 4¼-Litre M Series Overdrive All-Weather Cabrio by Windovers from same family ownership since 1955 for the £100,050 paid or an always RHD and freshly renovated 1967 Jaguar E Type 4.2 S1½-Litre Roadster for £96,600.
Those with £70,000-60,000 in their fighting fund now own a rarer in RHD 2012 restored 1966 230SL Merc Roadster with auto-shift for £69,000 and a 2003/5 raced 1930 Lagonda 2-Litre Low Chassis Tourer for £59,225. In the £40,000-50,000 bracket were an ex-LHD and recently repainted 1969 E Type S2 4.2 Roadster bought for £47,443, an Edwardian event eligible 1910 Renault AX 8hp 2-Seater for £46,000, a 2004/11 restored 1967 E Type S1 4.2 Fixed Head for £44,167 and a 1966 E Type S1 4.2 2+2 Coupe for £43,700.
After the Museum’s hangar doors had been shut at the end of a fairly quiet Thursday afternoon's shopping in North London, no new pilots had been recruited for nearly half of the 74 classics displayed amongst the redundant warbirds. Even so, the 40 or 54% of cars that did sell did so for a not inconsiderable £1,911,292 including 15% buyer’s premium, amounting to a healthy £35,394 being spent per car.
Global Bonhams first 2020 sale for classics will take place in the US Thursday 16 January at Scottsdale during Arizona auction week, followed by Thursday 6 February within the very Grand Palais during Retromobile week in Paris and Sunday 29 March at the Goodwood Members Week. The Bonhams MPH 2020 season meanwhile fires up Saturday 21 March at Bicester Heritage. RH-E
In the annual pit stop between auction seasons and before 2020 kick-off, we review how much bought which classics in the final sales of 2019
Lotus Esprit 2.2 S3 driven 23,000 warranted miles by 3 registered owners from new in 1982 had been dry-stored 1992-1918 and fully recommissioned before being acquired for £23,956 including 6% premium 7 November at ACA King’s Lynn.
A 1948 Triumph 1800 Roadster from a 5 year restoration for £13,356 cost much the same as a £13,250 1971 Stag manual with overdrive and mohair hood. £10,176 bought a 2 owner 1960 Ford Zodiac Mk3 that had been restored in 2016 or a garaged since 1989 Sunbeam Alpine Series V runner without brakes from 1966. Those with a budget of £6500-7500 had a choice of Volvo Amazon Station Wagons, a locally sourced 2 owner 1967 Estate for £7420 or a 1966 vintage one for £6572.
The stars of this very well attended show in Norfolk though were Ford Sierra Cosworth 3-Doors - an only 7349 miles from new in 1987 ‘No Reserve’ sleeper that had gathered dust since 1991 realising a stellar £84,800, while a 1986 version, also dry-stored though only dormant for the last 4 years, played a strong supporting role with a £34,450 performance.
By curtain down, 136 cars had changed owners for £925,804, 71% of the 191 offered, and an average of £6807 had been spent per car.
ACA’s first ‘Drive Through’ of the New Year, the first sale for classics in the UK in 2020, will take place from midday Saturday 25 January, when gates open 10am with admission by £5 catalogue, with the useful option of also being able to view cars and their documents on-site 2-6pm Friday 24.
Among the first 100+ cars consigned already, a 1967 Amphicar CV 770 may float your boat at £45,000-55,000 and £35,000-40,000 is suggested for a 1986 Ford Sierra Cosworth RS. £24,000-28,000 is sought for a multiple show winning 2000 Mitsubishi Lancer Evo VI with 15,872 mileage and an only 713m since 1966 Auto Union DKW F11 has been guided at £4,000-6000, while the best bid bid will buy a No Reserve 1988 BMW E30 M3 Evo 2 LHD.
This website will, of course, be there. For unlike most of the increasingly terminal-bound print and on-line media, C.A.R. will again be making the journeys in 2020, driving the miles and dodging the jams to best assess auction cars in the metal, review the sales in person and put the prices paid in meaningful context with commentary based on the market reality of actually being in the field rather than being fed by the contents of an in-box. For a theatre critic, I would suggest, can only really review a play by attending the first night. RH-E
Unrestored DB4GT lightweight makes nearly £2.4m in Bonhams Bond Street salerooms to become top priced classic during UK’s end of year sales
One of only nine Aston Martin factory-made lightweights from 75 DB4GTs hand-built 1960/61 sold in the room for £2,367,000 including Bonhams premium to an Aston Martin specialist bidding on behalf of a client. Originally owned by circuit racer and hill-climb specialist Phil Scragg, and regarded as the ‘Missing Lightweight’, 0169R had been owned since 1965 by the late Malcolm Cramp, from whose estate the sixth from last DB4GT had been consigned. Cosmetically and mechanically refreshed, this would be a £2.6m+ Aston.
The UK market leader’s end of season sale was well attended by most of the main players on the London and SE top car circuit, paying £605,000 for an only 1600m from new in 2016 Ferrari F12tdf, one of 799 and rarer in right-hand drive, belonging to Jay Kay. Although the pop musician’s 2004 Porsche Carrera GT and a 1973 Porsche 911 Carrera RS 2.7 Lightweight both failed to sell for the £650,000 and £750,000 minimums sought.
For although a 2001 Ferrari 250 GTZ Barchetta by Zagato, the only right-hand drive car and the last of three built, did make the estimated £500,000 under the hammer, £575,000 with premium, and a right-hand drive 2017 F12 Berlinetta 70th Anniversary, number 62 of 70, sold for a mid-estimate £339,250, 23 very well presented motor cars in the most up-market salerooms in Brexit Britain were unsold.
On a Saturday afternoon in the West End however, buyers still spent £5,122,050 on a dozen cars - £235,750 of it on the Prince of Wales driven, ‘L199 GGS’ registered 1994 Aston Martin Virage Volante with 6.3 conversion, but standard (non-wide) body, £120,750 for a right-hand drive 25,000m 2001 Ferrari 550 Maranello Coupe and £112,700 for a 2974m 2009 Aston Martin DBS Coupe manual.
At the end of last month, Bonhams MPH sold another 48 cars for £727,430 at Bicester Heritage, where a 1961 190SL Merc, an older restoration with hardtop, was driven through the cavernous WW2 hangar into new ownership for £57,275 and a forecast £25,312 bought a 1986 Ford Escort RS Turbo in receipt of a £30,000 restoration. A Tommy Makinen Edition 2000 Mitsubishi Lancer Evo 6 with freshly renewed turbocharger cost a buyer £13,083 and a ‘No Reserve’ 1969 Morris Minor 1000 Traveller that had been Ware Minor Centre rebuilt and Classic Motivation maintained found £7857.
The previous week, 40 more classics sold in a sparsely attended RAF Museum at Hendon, among them the catalogue cover featured 1926 Bentley 3-Litre Red Label in barn-found condition that had been laid up since 1960 and raised £287,500. An equally dusty 1934 Bentley 3½ Vanden Plas bodied Tourer project from the same US source was taken on for £159,850 and £34,500 was invested in the future of a once Rolls-Royce factory trialed 1926 20hp tourer by Park Ward in the style of Barker that had also been asleep since the early 1960s. A ‘No Reserve’ UK delivered in 1973 in right-hand drive and 2008 restored Ferrari Dino 246GT magnetised the most interest and bids until well won for £195,500.
While at the beginning of the month, in the same New Bond Street salerooms, there were buyers for 12 of the 15 London to Brighton Veterans, including the 1901 Panhard-Levassor 7hp twin-cylinder four-seater known as ‘Le Papillon Bleu which flew to a £442,750 result, more than double the lower estimate. A former Regent Street Concours winnng 1900 MMC 6hp twin-pot tonneau for four sold for £224,250 and both Mercedes 3½hp single-cylinder powered 1899 Stars from Wolverhampton shone brightly. For one 120 year old surprisingly made £138,000 and a more than forecast £94,300 was forthcoming for the other Brighton Runner in what continues to be one healthy niche at least in an increasingly bear market.
Even so, after holding four sales in five weeks, Bonhams did re-home 112 or 52% of the 216 cars catalogued for a total of £8,965,002 with premium, which number-crunches to a far from depressing average investment by buyers of £80,045 per unnecessary asset. RH-E
Schumacher 2002 Championship Ferrari F1 sells for $6.6m (£5.08m) during $31.3m (£24.1m) Saturday night on Abu Dhabi GP grid
Following F1 qualifying for the Etihad Airways Abu Dhabi Grand Prix at the Yas Marina Circuit Saturday 30 November, the RM Sotheby’s team auctioned 40 blue chip cars ranging from GP winners to low mileage supercars in a two hours session, after which 23 cars had sold for $31.3m (£24.1m) during a 58% sold evening.
This was RM Sotheby’s inaugural collector vehicle auction held in partnership with the ‘Formula 1’ owners and the auction house’s first ever sale in the fossil fuel producing Middle East market, where Extinction Rebellion activists would be speedily extinguished. Bidders from 28 countries contested lots at this petrolhead feast, one third from the Middle East and 40% overall first-timers.
Prices were topped by a 2017 Pagani Zonda Aether, a one-off hypercar with old world 6-speed manual transmission, which, following a lengthy bidding battle, achieved a final $6,812,000 (£5,245,240) to surpass the current £5,885,000 (4,531,450) world record for a Zonda at auction established only last month by Silverstone Auctions in Saudi Arabia.
The Ferrari F2002 F1 driven by Michael Schumacher to three Grand Prix wins during the 2002 season, by the end of which he had secured his fifth Driver’s World Championship title, realised $6,643,750 (£5,115,688) including premium. This was therefore the second most valuable F1 car ever sold at auction, second only to the Schumacher Ferrari F2001 also sold by RM Sotheby’s for $7,500,000 (£5,775,000), but that was way back in supercharged 2017. A portion of proceeds from the F2002’s sale will benefit the Schumacher family’s Keep Fighting Foundation.
Two more Ferraris also performed well on the eve of the final round of the Formula 1 World Championship, a 2015 FXX K, the first to be auctioned, which set a benchmark $4,281,250 (£3,296,563) for the track-only model. While another Scuderia Ferrari F1, the sole surviving 1982 126 C2, driven by Patrick Tambay to win the 1982 German GP, also put on pole by Mario Andretti who went to finish third in the Italian GP, was applauded by the starting grid crowd when sold for $2,142,750 (£1,649,918).
David Coulthard drove a Markus Jebsen donated 2011 Aston Martin One-77 across the block to raise a final $1,440,625 (£1,109,281) for Auction4Wildlife to benefit African Parks. A 1956 Mercedes-Benz 300SL Gullwing with NSL engine and rare optional sports suspension flapped away to a new nest after $1,581,250 (£1,217,563) was paid and $1,086,250 (£1,086,251) bought the 1996 Zagato Raptor one-off built in conjunction with Lamborghini as a modern coach-built concept.
During what has been by far the highest grossing November and end of season sale on all overheating Continents, other top ten valuations established beside the tax-friendly Marina included a 2014 Koenigsegg Agera R sold for $1,356,250 ($1,044,313), a 1995 Porsche 911 by Singer for $825,000 (£635,250) and a 1993 911 Carrera RSR 3.8 for $782,500 (£602,525). Although the reserves for 17 cars were clearly too much for those in the seats, on the phones or on-line, where by far the largest auction audiences vote with their mice. RH-E
1955 Le Mans raced Triumph sets £258,750 world record TR2 price in Silverstone Sunday Sale at Lancaster Insurance Classic Motor Show at NEC
Even though a second 1965 Aston Martin DB5 sold for £618,750 with premium, the absolute superstar of the Silverstone Auctions Sunday sale was the ex-works 1955 Le Mans 24 Hours 19th placed Triumph TR2 ‘PKV 374’, which had been purchased by the late King Hussein of Jordan at Le Mans in full race trim, but which sold 64 years later on a Sunday afternoon in Birmingham for £258,750 with premium. Relatives of the deceased owner were in the seats at the NEC to witness the world record breaking auction price for a TR2 that had been in their family for the past 47 years.
There were no buyers however for either a 1966 Aston Martin DB6 Mk1 Vantage Manual at £270,000-310,000 or a £185,000-200,000 1967 DB6 Auto, although a below estimate £65,000 was bid and accepted for a 1968 DBS Manual which fetched £73,125 with premium.
The highest priced Ferrari, a 1973 Dino 246GT, raised a more than estimate £236,250 for another deceased estate, an only 3445 mile 1998 550 Maranello £101,250 and a 17,000 mile 1989 328GTS Targa-top £81,000. A 1965 Maserati Mistral 3.7 on Lucas fuel injection achieved a forecast £123,750 and a 1989 Porsche 911 Type 930 Turbo Cabriolet with 62,400 warranted mileage £59,625. A once Porsche owned 1995 928GTS Auto lefty found £29,250 and encouraged German bids.
£148,000 with premium bought a 2013 Noble M600 Carbon Sport, for which £150,000 or more had been sought, and a convincingly executed 1967 Ford Mustang GT Fastback ‘Eleanor Evocation fetched £76,500. Highest priced UK Fast Ford in Sunday trading in Brum was a Kerry Sealey restored and mint 1972 Escort Mk1 Twin Cam rally car claimed to have been built by the Ford Competitions at Boreham that sold for £49,500.
A fully restored right-hand drive 1958 Mercedes-Benz 190SL Roadster with factory hardtop, a House speciality model for Silverstone, realised a close to top estimate £117,000 and a 1971 280SE 3.5 Coupe, first owned by Lulu who was married to Bee Gee Maurice Gibb at the time, also made a forecast £68,625. A Sherwood Restorations and well detailed 1965 Sunbeam Tiger Mk1 with hardtop really deserved the more than forecast £65,250, while a fully refurbished and cosmetically sharp 1978 Toyota Land Cruiser FJ40 in right-hand drive went for £30,375, top estimate money.
Although 22 cars did not sell during the Saturday Sale, 39 or 64% of the 61 cars parked on the Silverstone Auctions stand carpet did, under the hammer, and for £2,620,473 including premium, an average of £67,192 paid per auction car bought. While 2 cars were auctioned Without Reserve and were going to sell anyway, below estimate bids were accepted for only 5 cars as 21 sold for within their guide price bands and 11 made more than top estimate sums.
On the Sunday, another 39 of the 53 cars offered on Day Two sold under the hammer during a 74% sold afternoon, by the end of which another premium-inclusive £2,845,917 had been spent, an average of £72,972 per car. Again, while 14 cars were unsold, 2 No Reserve lots duly sold and below estimate bids were accepted for another 11 with 17 selling for within estimate band prices and 9 for more than forecast sums.
Over the two days therefore, and before any post-sales had been added to the totals, 78 or 68% of the 114 consigned cars sold ‘live’ for £5,466,390 including premium, an average of £70,082 per classic bought. Considering the politician induced uncertainty of the times, at least 78 votes of confidence were cast by decisive buyers of auction cars at the NEC.
While members of 300 clubs and over 71,000 enthusiasts were sufficiently magnetised by the pull of a traditional exhibition to abandon their Playstations and buy tickets to attend the three days Lancaster Insurance backed Classic Motor Show with Discovery, most paying extra to park their politically unfashionable motor cars. RH-E
Postage stamp DB5 sells for more than £607k and XJ220 achieves nearly £363k in Silverstone Saturday Sale at NEC Classic Motor Show in Brum
The restored 1965 Aston Martin DB5 with original hide, featured on the Royal Mail 2013 postage stamp before being briefly owned by Chris Evans, headlined with a £607,500 premium-inclusive price during Silverstone Auctions Saturday 9 November session at the Lancaster Insurance Classic Motor Show sale at the NEC in Birmingham. There were buyers too for both 1984 V8 Astons in the sale with £202,500 for a Series 1 V8 Volante with factory-fitted Vantage engine (the sister car was cast in 007 movie The Living Daylights) and £155,250 for a 10,443 mile Series 4 V8 ‘Oscar India’ Fixed Head.
A two owner 2000 mile 1993 Jaguar XJ220 also performed strongly with a within estimate band £362,813 result, while a stunning 1960 XK150 3.8 Drophead that had been JD Classics restored, upgraded and left to right-hand drive converted also cleared the lower estimate at £151,875 with premium.
Fast Fords sold were led by a show condition 1972 Escort RS1600 Custom Mk1 valued by a new owner at £58,500. A 1980 Escort RS2000 Custom that had only done 1500 of its 34,000 mileage in the last 27 years of storage fetched £37,125, forecast money, the same as a Series 2 1989 Escort RS Turbo with original panels and showroom engine bay sold for £27,900.
Stand out BMW performances were the £52,875 result for the 2012 1M Coupe driven only 550 miles by rock musician Jay Kay and the applauded £51,188 paid for an only 6794 mile since 1991 325i E30 Sport 2-Door with M Tech upgrades. An 11,282 mile 2003 Z3M E36/8 Coupe, also in right-hand drive, fetched a higher than forecast £50 625.
While other talking point prices during the £2.62m Saturday afternoon sale included the £39,375 invested in the future of a dusty right-hand drive 1976 Alfa Romeo Montreal project with 45.495 warranted mileage that had been asleep for the last 15 years.
The 2017 WRX STI 4-Door in WRC Blue, one of the 150 Final Edition cars with only 110 mileage that celebrate Subaru’s rally dominating past, was also very keenly contested until Jonathan Humbert’s gavel determined the applauded winner who paid a more than list £34,594 with premium. While an apparently unrestored and acceptably matured Series 1 Land Rover, manufactured at the nearby Solihull factory in 1950, had served five farmers and a gamekeeper vendor before raising £27,000, £10,000 more than top estimate and one of 39 classics to change hands in Brum on Saturday.
The next day however, during the Silverstone Auctions £2.85m Sunday sale when another 39 cars were hammered away, a Triumph TR2 sold for a new world record setting £258,750.
Fuller analysis of both the weekend's sales at the NEC Show, where 68% of cars auctioned sold under the hammer (and this was before any additional post-sale deals had been done), will appear shortly in 'Stop Press' on this channel. RH-E
As England loses Rugby Final in Japan, 7,279 mile Ford Sierra RS Cosworth that had gathered dust for 28 years raises £80k at ACA in Norfolk
Anglia Car Auctions top selling ‘No Reserve’ 1987 Sierra RS Cosworth had only been driven 7,249 miles by one registered owner before being taken off the road in 1991, since when it gathered dust in storage before being seriously contested until hammer fall at a stonking £80,000, the winning bidder paying £84,800 with premium.
Other Fast Fords to change hands on a Saturday afternoon in Norfolk were another Sierra RS Cosworth, a 1986 three-door that had been dry-stored for 14 years, which sold for a more that top estimate £34,450, and a 1988 Ford Sierra Sapphire RS Cosworth 4-door, the subject of an insurance claim for theft in 1989, which still made a within forecast £11,766.
Non-RS Fords transacted 2 November included a two owner since 1960 Ford Zodiac Mk2 Saloon sold for £10,176, a previously restored 1968 Ford Cortina 1600E Mk2 £10,070, a 1969 Ford Cortina 1.6 Mk2 Crayford Convertible with some mechanical work done £7,208, a 1971 Ford Cortina 2.0 GXL Mk3 Saloon £9,540 and a 1979 Ford Cortina 2.0 Ghia MkIV Saloon with 22,854 warranted mileage £6,784.
Top cat was a £48,230 1973 Jaguar E Type 5.3 V12 S3 that had been left to right-hand drive converted in 1988 with body restored in 2019. Mercedes-Benz prices were headed by a 2005 Mercedes-Benz SL65 AMG Auto Roadster at £35,510, while a 1983 Ferrari Mondial Quattrovalvole from 10 years storage was acquired for £19,716 and a 105,785 mile 1998 Aston Martin DB7 16 Auto Volante Convertible for £16,960.
Among the Triumph valuations were a 1990s rebuilt 1971 Triumph TR6 150bhp Sports at £16,324, a previously refurbished 1974 Triumph TR6 PI Sports £14,840, a 1948 Triumph 1800 Roadster from five years restoration £13,356 and a 2014 revived 1971 Triumph Stag 3.0 Roadster manual with overdrive £13,250.
BMC prices included a 41,000 mile 1968 Austin Mini Cooper 998 Mk2 Saloon sold for £15,900 and one of 1,000 Rover era Mini 30 Saloons in Black driven 28,000 miles since 1990 for £6,466. An Isle of Man registered 1972 Austin 1300 with 37,957 mileage cost the next owner £3,498.
Rootes Group cars to sell were a garage stored since 1989 Sunbeam Alpine Series V Convertible from 1966 with brakes needing attention taken on for £10,176 and an apparently neat 1975 Humber Sceptre Mk3 Estate with Holbay 1725mm engine on twin-choke Webers may have been well bought for £2,120.
Locally manufactured Lotuses to change hands were a 1982 Esprit 2.2 S3 with 23,000 warranted mileage for £23,956, a 72,480 mile 1991 Elan SE Turbo for £7,028 and a 1981 Lotus Eclat 2.2 4-Seater Coupe subject to an insurance claim in 1989 for £4,770. A 3 owners since 2000 Subaru Impreza P1, number 607 of 1,000 produced with 17 service stamps, made £10,176 and a previously restored 1966 Volvo 121 Amazon Estate £6,672. While a Ziebart-treated Ford Popular 100E Saloon when new in 1963 had only done been driven 45,869 miles in 57 years Ford Popular 100E Saloon before selling here for £4,134.
Restoration projects taken on here included a started, but unfinished 1966 Porsche 912 left-hand drive short-wheelbase rolling shell with widened wings and Californian title for £10,600 and a similarly US repatriated 1956 MGA 1600 Roadster on wires with some new panels for £6,784. A 1960 Sunbeam Rapier Series 3 Convertible donor with nice four number two letter reg and current V5C and nothing else was trailered away for £1,050.
Preceded by 32 lots of automobilia, all of which sold out and included a large R-R ‘Flying Lady’ showroom mascot bought for £1,840 and a Coca Cola Soda Fountain Service enamel sign for £2,128, 71% of the 191 cars offered sold mainly ‘live’ or from only the occasional provisional bid converted into sales during the afternoon.
Consigning fewer higher priced cars, which have becoming much harder to disperse, and auctioning 31 cars Without Reserve certainly boosted the sale rate. For despite having suffered a depressing defeat by South Africa in the Rugby final on big screen tellies just before the auction, predominantly English players were still sufficiently confident in classics futures to invest £925,804 including premium in 136 classics, an average of £8,734 per car, at what was another well attended ACA Drive Through in King’s Lynn. RH-E
Blue Butterfly soars to new heights in Bonhams West End saleroom, where £1.2m is invested in Veterans for tragedy-hit Brighton Run
Bonhams annual London to Brighton Run Veteran Sale catalogue cover 1901 Panhard et Levassor duly starred in the UK market leaders New Bond Street salerooms Friday 1 November. The 7hp Twin-Cylinder French Veteran with ‘Lightweight’ 4-Seater Rear-Entrance Tonneau coachwork by J Rothschild et Fils in original Cambridge Blue as it was when named ‘Le Papillon Bleu’ by the second ex-factory owner at the turn of the last century.
Panhard-Levassor ledger recorded and VCC dated, the 118 year old was claimed to be on the starting handle, having been freshly serviced by NP Veteran Engineering. The Blue Butterfly certainly flew well here, inspiring a three-way bidding tussle between two telephone contestants and a collector in the saleroom, only resolved in favour of a winning bid of £385,000 from the latter, who paid a premium-inclusive £442,750 for a Veteran of both the 1927 and 1928 ‘Daily Sketch’ Old Crocks Run and more than 60 London to Brightons.
One of the earliest motor manufacturers, Panhard is generally regarded as having been the first ‘modern motor car’, featuring a front engine, gearbox ‘transmission’, piano-style pedals for the clutch and brake, and a steering wheel rather than tiller. The car auctioned, which fetched more than double its lower estimate, is one of only five known surviving 1901 7hp examples.
Another pioneer that performed well in front of a perfectly targeted audience of actual and potential London to Brighton Run consumers was a late 1990s restored MMC 6hp ‘Charette’ Twin-Cylinder Rear-Entrance Tonneau, another most important early motor car that had been at the centre of the old car movement for three quarters of a century, which achieved a low estimate £224,250 with premium.
Pre-WW1, Wolverhampton-made Star was one Britain’s top six motor manufacturers, an 1899 Benz 3½hp Single-Cylinder powered Vis-à-Vis, one of the oldest cars to cross the block which had been a Brighton Run regular, surpassed its lower estimate to sell for £138,000. A second 1899 3½hp Single-Cylinder Vis-à-Vis also bettered its £70,000 estimate, selling for £94,300. Whilst an early, rare and only recently restored 1899 Peugeot 2¼hp Tricycle with original Peugeot 2-speed gearbox was pedalled well by a new rider to a £69,000 conclusion.
By the time the last London to Brighton Runner had headed for their hotels,12 or 80% of the 15 Veterans for sale had sold for £1,204,230 with premium, 6 selling for more than forecast sums, 5 for within their pre-sale estimates.
Much more seriously sadly, and for the second year running too, the oldest motoring event on the calendar was however marred by another fatal road accident involving a London to Brighton participant, although the Veteran automobile and the lorry involved in the crash were not on the official route at the time.
Although just as competitive road rallying on public roads in the middle of the night has virtually been tamed into extinction in the health and safety obsessed UK, the future of the Veteran Run - as currently constituted - may also now be in doubt.
For the latest London to Brighton Run accident has gifted the anti-private transport Mayor Kahn and the Green Politicians in Brighton with more ammunition to move against the old oil droppers, who start in Hyde Park and smoke through Central London down the congested Brighton Road to the Madeira Drive finish.
Even diehard owner-drivers must surely accept that Veterans and their primitive brakes may no longer be an acceptable mix with other road users, and the Run’s very survival may well depend on participant segregation either in escorted convoys or on properly marshalled closed roads.
In the court of changing public opinion in what is likely to be an increasingly electrified future, where most vehicles will emit zero emissions and be potentially autonomous, the no brainer choice for organisers and Veteran motor car enthusiasts is stark - rapid reform or submission to a Red Flag, the abolition of which ironically the first running of automobiles from the capital on a traffic-free highway to the South Coast originally celebrated. The end of the Open Road may be around the corner after next. RH-E
High value classics did not sell under the hammer in Paris, where buyers with £1.57m bought only just over half the cars in the catalogue
Even though both Parisian Artcurial’s star cars could take part in premium historic events, neither a 1953 Fiat Tipo 106 2-Litre V8 Sport Berlinetta, the third oldest surviving Series 1 Fiat 8V, nor a Mille Migia Retro regular 1924 Bugatti Type 23 2-Seater Sports attracted buying bidders with the 1,100,000 or 550,000 euros or more sought beside the Champs Elysees. Nor could the 340,000 euros (£292,400) estimated for a 1961 Ferrari 250GTE S1 or the 170,000 euros (£146,200) for a 1973 Ferrari 365GTB/4 Pininfarina be achieved either.
A 1980 Porsche 911 SC, visually ‘retro-backdated’ by Julia 911, therefore became the 27 October sale’s top seller at 127,200 euros (£109,392) with premium. In second place, a 1976 Ferrari 308GTB Vetroresina with the 250kg lighter polyester bodywork sold for 119,480 euros (£102,753). An 1192cc powered 1957 VW Microbus De Luxe Samba in Brown over Red Sealing Wax with 23 windows and retractable roof raised 104,400 euros (£89,784).
A 1989 Porsche 911 3.2 Speedster with the turbo-look sold for 103,880 euros (£89,337) and a US supplied 1966 Jaguar E Type 4.2 S1 Roadster for 100,920 euros (£86,791). 85,000 euros (£73,100) apiece bought a supercharged version of a 1999 Shelby S1 and an apparently meticulously restored 1981 Renault 5 Turbo. Whilst 82,360 euros (£70,830) was paid for one of the 1176 1968-70 manufactured L10B versions of the Mazda Cosmo Sport S2.
By sale end, and boosted by 19 cars being auctioned Sans Reserve, 36 of the 70 cars had sold for 1,820,040 euros (£1,565,234), an impressive enough average of 50,557 euros (£43,479) spent per car on a Sunday afternoon in the French capital. Although 34 cars did not sell and the sale rate was only 51%. RH-E
Nearly 90% of classics driven past SWVA rostrum sell during UK October sale rate topping West Country sale including MGB GT V8 sold for £34k
SWVA’s top performing classics just outside Poole in Dorset on a Friday 25 October morning were an MGB GT V8 and an Austin A105. The 1973 B GT V8 with outer sills previously replaced and 49,666 warranted mileage had been pre-sale estimated at £18,900-19,990, but eventually made £34,020 with premium. Whilst the £8,500-9,000 guided 1959 A105 Westminster Vanden Plas with police-specified close-ratio gearbox with floor-change raised a premium-inclusive £29,700. These were really huge prices, particularly in such uncertain times.
An only three owner since new in 1960 Triumph TR3A in receipt of photo-recorded restoration in 2015 made £24,030 and a 1956 TR3 whose 90 year old vendor had owned it since 1967 £17,334, both exceeding their pre-sale estimates. Triumphs sold out here with a way over forecast £17,010 paid for a 1996 rebuilt 1976 Stag auto with £12,000 engine rebuild and declared brakes fault. A 1976 Dolomite Sprint, fully restored with track day mods, sold for a double estimate £10,152 and a previously repainted 1972 Spitfire Mk4 made a double forecast £4,860. While a stalled and incomplete early TR2 restoration project with a mixture of TR3, 3A and 4 bits was pushed in and out of the auction hall before being taken on for £1,575.
There were buyers, too, for all the oldest cars, including a 1932 Austin 12/4, a former Sportsman’s Coupe that became an ambulance in WW2 before being restored in the early 1990s as a shooting brake/people carrier with politically incorrect ‘smokers hatch’ in the roof, which raised £6,426. A less than forecast £17,820 was accepted for a 1935 Riley 12/4 Lynx with 1936 narrow-track chassis, special series engine and mostly original leather.
An always garaged Ford Sierra XR4x4 3.0 with 29,622 warranted mileage, that cost its deceased first owner £16,140 when new in 1989 and had been bequeathed to his gardener in 2018, was acquired here for £13,716.
A 1960 Lex Piccadilly Jaguar MkIX 3.8 that had been last bodily revived in 1982 cost the next keeper £12,960 in 1990 and a half-timbered 1972 Morris Minor Traveller with Danish-oil treated Canadian Ash woodwork, Charles Ware ‘5 package’ and alternator conversion realised £8,370.
As has become the norm in the UK auction market, the latest 89% sale rate at this West Country 'Drive Through' was again the highest for the month of October with only 8 lots rejected by buyers and 68 classics sold for £532,676 with premium, an average of £7,833 spent per car bought. Consigning 13 cars ‘Without Reserve’ certainly helped the SWVA stats, which saw 63% of cars sold make more than their top estimates and 10% within estimate, and only 7% of cars going for less than their lower estimates. RH-E
Henri Toivonen/Neil Wilson 1985 Lombard RAC Rally winning Group B Lancia Delta S4 Rally sells for £764,375 in RM Sotheby’s sale at Olympia
Employed following the RAC win by both Toivonen and Martini Lancia teammate Markku Alen as a T-car on the 1986 Monte Carlo and Swedish Rallies, chassis 202 was subsequently severely frontal-damaged on a retro-event necessitating part-replacement of the chassis frame. Although Abarth Classiche Certification in the car’s history file stated that the repairs had not affected the torsional rigidity of the car. Two other WRC event winning Group B Delta S4s are apparently still all original and have reportedly transacted for more than £1m.
The top priced headliner at this well attended Thursday evening 24 October London sale was a 1969 Lamborghini Miura P400S 4245 that had been driven and enjoyed for four decades by second owner Hans Peter Weber of Freiburg, until his passing in 2015, since when the Bertone-bodied ‘original’ had been barn-stored by his brother. Almost certainly one of the last remaining examples to have been preserved in such original and completely unrestored condition, and one of 20 cars auctioned in this sale ‘Without Reserve’, 24% of the total offered, chassis 4245 was bid to £1,000,000, costing the third owner £1,248,125 including premium.
Other top ten placed cars were a Ferrari Classiche certified 1973 Dino 246GT, one of only 13 such RHD cars with desirable ‘Chairs and Flairs’ supplied to the UK with only 7,758 mileage, which made a within estimate band £432,500, and a freshly restored 1962 250GTE 2+2 S1 in LHD with GTO Engineering rebuilt engine sold for a more than forecast £404,375. £398,750 was paid for a No Reserve manual Maserati Ghibli Spyder, one of 125 Ghia open-tops that had started life in the US as an auto.
A Ferrari California T 70th Anniversary in as new in 2018 condition made the desired £296,250 and a 2014 SLS AMG GT Final Edition £275,000, the lower estimate. A 1973 Iso Grifo GL S2 packing a Ford 351 Cleveland V8 sold for £230,000, an only 950k from new in 2009 Mercedes-Benz SL65 AMG Black Series for £224,500 and a 1992 300CE 6.0 AMG ‘Hammer’, one of only 12 wide-bodied 200CEs, for £207,000.
Five big number cars failed to sell though. For a Road Atlanta raced 2006 Maserati MC12 GTI ran out of track at £1,600,000 and the sale of a 2003 Ferrari Enzo with 14,682 on the odometer was abandoned with £1,350,000 on the big screen. A Gerard Berger/Jean Alesi raced 1994 Ferrari 412 T1 was retired at £1,200,000, the 1989 Jaguar XJR-11 chassis 590 was pitted with an insufficient £900,000 on the board and a twice Le Mans run 1990 Porsche 962C stalled at £825,000.
The rejection rate was also high for Aston Martin road cars with only three out of nine offered selling, £207,000 being accepted for a 1999 Vantage Le Mans V600, the 16th of 40 built and one of 22 in LHD, and £197,500 for a 1970 DB6 Mk2, their lower estimates had been £250,000. £120,750 bought a 1958 DB2/4 Mk3 Fixed Head.
Vendors reserves for six other Astons meanwhile were too much for those in the current market for one with £520,000 not enough for a 1968 DB6 Mk1 Volante, £380,000 insufficient for a 2017 Vanquish Zagato Villa D’Este, £280,000 insufficient for a 1958 DB2/4 Mk2 Drophead and bidding abandoned at £270,000 for a 1961 DB4 S2. Also unsold were a 1988 V8 Vantage X-Pack with £195,000 on the bids screen and a 1958 DB2/4 Mk3 taken to £120,000.
There were buyers for both Jaguar E Types however. For £189,750 with premium was forthcoming for the last regular-production 1974 S3 V12 Roadster to leave the Brown’s Lane line, excluding the final E Type Commemorative run of 50 Black Roadsters. It was mint following recent restoration. Some minor blemishes in close-up did not prevent a restored 1964 S1 3.8 Roadster from realising £89,900.
The most Royal performance for a Jaguar though, albeit a Daimler-badged one, was the £80,500 handed over for the still highly original 1984 Daimler Double Six Long-Wheelbase Saloon that had been employed by Her Majesty The Queen' as a personal car for local and low-profile engagements for 12,000 miles until demoted to providing Royal Security policed transport for other Royals before being returned to the factory with 29,000 mileage. After spells with Jaguar VIP Leasing and Heritage, it was acquired by the vendor in 2010. Pre-sale guided at £50,000-70,000, though auctioned Without Reserve, on a Thursday evening in Hammersmith the ex-HMQ V12 LWB realised £10,500 more than top estimate with premium.
By sale end, and before any post-sale deals may have been concluded, 57 or 68% of the 84 largely high value classics displayed at Olympia sold for £9,281,525 with premium, an average of £162,834 spent per car bought. Whilst 27 cars were unsold under the gavel, 32% of the total offered, 21 or 37% of cars sold did so for within estimate prices and 6 or 11% made more than top estimate money, whereas below estimate bids were accepted for 8 or 14% of cars sold. RH-E
Carrera Driver’s Watch gifted by Jack Heuer to legendary racer Mike Hailwood sells for triple Bonhams estimate £56,312 at Stafford Bike Sale
Known as the ‘Montre de Pilote’ or Driver’s Watch, of which only 150 pieces were ever produced, the circa 1971 Carrera 1158 model in 18ct gold had personal engraving to the case-back engraved “To Mike Hailwood for a successful 1973 Jack Heuer”. The wrist watch had been given to ‘Mike The Bike’ by the Heuer Chairman in 1973 after the nine-times Motorcycle Champ had swapped two wheels for four and was competing in F1, driving for fellow multiple Motorcycle GP World Champion turned racing driver John Surtees.
Heuer Carrera wristwatches were presented to F1 drivers in the 1970s, including Regazzoni and Nicki Lauda, by the watchmaker, which was also Ferrari’s official timekeeper. A select group of other leading GP stars who wore them as ‘ambassadors’ for the brand included Emerson Fittipaldi, Jacky Ickx and Ronnie Peterson. The Carrera was Heuer’s favourite model: “These watches have a deep emotional meaning for me, as we have lost drivers to racing accidents.”
The personal inscription from Heuer is a likely reference to Hailwood’s bravery in helping to rescue an unconscious Clay Regazzoni from his burning car at that year’s South African Grand Prix at Kyalami, after the two had collided on the second lap of the race. Hailwood was also awarded the George Medal in recognition of his heroic act, filmed footage of which was screened during the Classic Motorcycle Mechanics Show sale before Bonhams Malcolm Barber brought the gavel down and the new owner of the great man’s watch had paid £56,312 including premium. Considerably more than most classic bikes and many cars sell for.
After 76 motorcycle victories, 14 Isle of Man TT wins and 50 F1 GPs, and just two weeks before his 41st birthday, Mike Hailwood MBE GM died following a collision between his Rover SDI and a u-turning lorry on the Alcester Road in Warwickshire Saturday 21 Match 1981. He had been collecting fish and chips with daughter Michelle, aged 9, who died instantly, and son David, who survived with minor injuries. Hailwood died in hospital two days later. Those who witnessed his extraordinary talent in action at Mallory Park, Le Mans and in the Isle of Man will never forget one of the greatest, most versatile and bravest Champion Brits. RH-E
Rare £15,080 DOMINION and £7,424 ROP glass petrol pump globes head Petroliana sell out in Richard Edmonds auction tent at Chippenham
Rare lantern-shaped DOMINION glass petrol pump globe, stamped underneath ‘Webbs Crystal Glass Co Ltd property of Dominion Motor Spirit Co Ltd Returnable on Demand’, more than doubled the top estimate to sell for £15,080 with premium 18 October. A pill-shaped ROP ZIP globe of circa 1936/7 in good original condition raised a correctly forecast £7,424 and an extremely rare clam-shaped oil globe labelled SHELL MOTOR OIL to both sides £6,844.
Whilst £6,380 was forthcoming for the Richard Edmonds catalogue cover featured REDLINE globe, again by Webbs Crystal Glass, and an early pill-shaped BP COMMERCIAL petrol pump globe with small neck found £2,436. Even with a chip to the neck beneath the rubber ring, the white version of a SUPER SHELL glass petrol pump by Hailware made £2,320, whilst the same money was paid for a December 1957 dated REGENT TT glass globe. Chips to the neck did not prevent a 1956 CLEVELAND BENZOLE MIXTURE globe from realising £1,624 and an indistinctly May 1969 dated CLEVELAND MOTOR DIESEL branded globe from fetching £1,392, just some of the 50 globes to sell out to fossil fuel nostalgic collectors during the 787 lot Petroliana section.
The highest priced motor car was an even rarer 1953 vintage, Kaiser-Frazer Michigan-made, Kaiser-badged Manhattan Sedan with auto-shift that had been restored inside and out in 2010 and which made a results-topping £19,800 on a Saturday morning in Wiltshire. A 1959 Austin-Healey Sprite Mk1 that had benefited from a Wheeler & Davies Frogeye body-shell transplant and rear telescopic shock absorbers conversion in 2007 sold for £16,600.
A previously restored 1966 Ford Cortina GT Mk1, unusually with four-doors, had mellowed nicely and went for £16,225, and a deceased estate dispersal 1956 Bentley S1 with some bubbling was keenly contested in the tent until hammered away for £9,460. After 22 or 54% of the 41 cars offered had changed hands for £134,855 including 10% premium, 59% of classics sold had done so for within or over their pre-sale estimates. RH-E
Near original 1974 Ferrari Dino 246GT makes well over top estimate £393,750 during 70% sold £2.3m H&H afternoon beside M11 in Cambridgeshire
H&H’s star performer in the Imperial War Museum hangar at Duxford 16 October was an unrestored Ferrari ‘Dino’ 246GT that had been driven less than 10,000 miles in 45 years and fetched £28,750 more than the £275,000 top estimate. Named after Enzo Ferrari’s late and beloved son Alfredo, and one of only 488 right-hand drive UK market supplied cars, the Dino Fixed Head was first sold by Dick Lovett Specialist Cars for £5,563 in March 1974 and, with 1,716 miles on the clock, sold again for a premium £7,000 in January 1976.
By March 1990, by when the mileage had risen to only 7,500 miles, the car changed hands again for £100,000 before returning again to the second and vendor family ownership in February 1992, therefore being owned by the same family for 41 of its 45 years.
Having only ever received some remedial paintwork, the claimed to be largely original Dino, now with 10,000 total mileage and estimated by H&H to sell for £225,000-275,000, was bid to £270,000 at Duxford and sold for £303,730 with premium, a 98% appreciating £298,187 more than it did in 1974.
There was no buyer with the required £120,000 or more for a 1989 Ferrari 328GTS with 4,555k on the odometer however or a Bentley Boy with at least £240,000 for a once William Arnold bodied and Le Mans Classic driven 1927 3/4½-Litre with VDP-style replica coachwork. An Edwardian 1912 Delaunay Belleville Type 1A6 Phaeton could not pull the £90,000 sought either and a tarmac-spec 1979 Vauxhall Chevette HSR with Gerry Johnstone engine failed to rally interest at the £60,000 suggested.
The once left-hand drive, but now right-hand drive and very sharp 1964 Jaguar E Type S1 4.1 Roadster sold for £118,333 had been bodily-restored by Stallion and mechanically rebuilt by XK Engineering with bright-work refreshed by Derby Plating with interior renewed by GB Classic trim. Whereas another still left-hand drive 1967 S1 4.2 Roadster that had been resident in Florida and Spain, where it had been restored, fetched £73,125.
The 1965 E Type S1 4.2 Coupe that once belonged to Brian Clemens, creator of The Professionals and The Persuaders, and which had a drive-on part in his The Avengers, performed well here. An older restoration, but benefiting from much recent mechanical work, the Fixed Head with ITV provenance made £83,333, close to top estimate money. A UK market 1951 XK120 Roadster on steel wheels with rear spats, that had been last restored 19 years ago and had worn well, deserved to fetch £75,375. While a 1964 South African assembled Mk2 3.8 on wires with modern upgrades including alternator inside dynamo and more modern Jaguar seats raised £43,875.
An apparently time warp Audi Ur Quattro 20v driven 32,000 miles by one owner since new in 1991 made a more than top estimate £84,375. Ownership of a 2000 restored 1967 Austin-Healey 3000 Mk3 was contested by two telephone bidders until one had bid the required £55,000 and paid £61,875 with premium. A just over top estimate £51,750 was paid for a 52,000 mile 1972 Jensen Interceptor III that appeared on Top Gear in 1994. A 1981 De Lorean DMC 12 Gullwing manual lefty flew away for a more than forecast £30,938 as did a pristine 1972 Ford Capri 3000 GXL with 38,000 warranted mileage sold for £30,375.
An unrestored 1983 Mercedes-Benz 500SL with 18,000 warranted mileage, only 2000 of which was clocked in the last 13 years, sold for a within guide £29,250. While a one owner Triumph TR4 on steels with hubcaps that had been in storage 1990-2010 before 2012 restoration cost the second owner £18,000 and a one family owned since new in 1959 Ford Zephyr Mk2 Convertible was bought for £14,625.
An AFN Reading supplied in 1998 Porsche 911 Type 996 Carrera with 3.4 engine and mechanical throttle, ruched leather and appropriate AFN registration had been advertised for sale in 2002 at £38,995. Some 17 years later and with 70,000 total mileage, one of the first water-cooled 911s with 6-speed manual box and an lsd offered great performance-per-pound value for £12,600. Whilst a 1960 Mini Mk1 with 1310cc motor and many S bits that had led the inaugural 1990 Monte Carlo Challenge until the last checkpoint looked like a fun package for £11,250.
Although 29 cars were unsold, 30% of those offered, there were buyers for 70% of the 96 vehicles auctioned who were prepared to part with £2,255,934 including premium, an average of £33,671 per car bought at Duxford. Whilst further analysis shows that 76% of cars sold did so for within or over their pre-sale guide price bands, 30 cars selling within estimate and 21 fetching more than top estimate, and only 9 or 13% of cars selling for below their lower estimates.
For despite the worst endeavours of the majority of our unemployable politicians, the classic sector of the electrifiying motor industry continues to survive under fire thanks to today's enthusiasts rather than yesterday's speculators. RH-E
2.88m euros (£2.52m) 1965 Ferrari 275GTB Alloy heads 10.6m euros (£9.24m) record Belgian sale for Bonhams at Zoute, where 71% of cars sell
This was a largely encouraging Friday 11 October night out for the collector Ferrari market with five Italian Stallions dominating the Bonhams Motor Cars Europe top ten, led by a 1965 275GTB Alloy ‘long nose’ being applauded when hammered down by auctioneer James Knight to a buyer in the champagne fuelled seats for 2,875,000 euros (£2,516,142 with premium).
Fully justifying its own catalogue and preceded by a video, the matching numbers and Ferrari Classiche certified 275GTB was one 60 alloy-bodied Berlinettas produced with penetrative nose, long bonnet, purposeful side-vents, high waistline and short be-spoilered tail. Already a podium finisher at Le Mans Classic in the hands of previous owner Gregory Noblet, chassis 08061 would be eligible for and competitive in all the Blue Riband Historic Races on both sides of the Atlantic.
The same buyer also paid 86,250 euros (£75,484) for a twin-engined 1964 Citroen 2CV Sahara AZ 4x4, one of only 5 believed to have been assembled in Belgium, and 46,000 euros (£40,258) for a 1955 Cadillac S62 Eldorado with Fleetwood Convertible bodywork that had been in Belgian Royal Family ownership of King Leopold III and his second wife Princess Lilian 1955-1962.
Bidding opened at 900,000 euros for a Ferrari Enzo with 26,707k under-wheel that was keenly contested on internet and telephone until sold to a European bidder for 1,506,500 euros (£1,318,458). But one of the only 400 homage models to Ferrari’s founding father had been first registered in tax-friendly Andorra since 2004, and both hammer price and buyer’s premium were therefore subject to customs duties and local taxes if the supercar with F1-derived technology were to remain within the EU.
A Classiche checked F40 also realised forecast money, a desirable ‘non-cat’ and ‘non-adjustable’ model with wind-up windows and air-con, was fought over by two internet bidders from 770,000 euros until won by one of them with a bid of for 800,000 euros, costing the new owner 920,000 euros (£805,165) for starters. An F12 in fully loaded special order spec that had been driven only 6000k from new in 2016 was valued by the second owner at £687,190 (£601,405) and a 13,000k 1980 512BB with Classiche ‘Red Book’ fetched the required 253,000 euros (£221,420).
Other top ten priced cars included a Mille Mille eligible 1957 Mercedes-Benz 300SL Roadster, the 152nd built with all number still matching, sold for a forecast 1,035,000 euros (£905,811) and a below estimate 330,000 euros (£288,809) was accepted for a 1971 280SE 3.5 Cabriolet with floor-shift.
An internet player meanwhile outbid those in the saleroom and on the phone to buy a 24,149k since 1974 Lancia Stratos HF Stradale for an estimated 402,500 euros (£352,250). A period-raced and Mille Miglia Retro eligible 1964 OSCA 1600 GT with distinctive ‘Double-Bubble’ top bodywork by Zagato sold for 379,500 euros (£332,130 euros), more than forecast. A within estimate 281,750 euros (£246,581) was available for a Bristol-engined 1958 AC Ace Roadster, a left-hand drive US market model with overdrive and disc-brakes.
The final maths for the sale were 20 cars sold, 71% of the 41 offered, for 10,541,490 euros (£9,291,154) including buyer’s premium, an average of £363,500 euros (£316,295).
Pre-post sales, 12 of the cars in the catalogue therefore unsold included a 1930 Mille Miglia raced OM Type 665 Superba Supercharged Zagato Roadster which ran out of interest at an insufficient 1,050,000 euros (£913,000). The sale of a 1960 Ferrari 250GT S2 Pininfarina Cabrio was abandoned at 1,000,000 euros (£870,000) on the screen, an Invicta 4½-Litre S Type Low Chassis with known history since 1931 at 780,000 euros (£678,600) and a Pennsylvania supplied in 1964 Shelby Cobra 289 Roadster at 730,000 euros (£635,100).
After all four child’s car warm-up lots had sold for a very adult 67,830 euros (£59,379) however, 26,450 euros (£23,148) of it spent on an already green electric ‘Nick Lauda Ferrari 312T’, and a Belgian 1927 Gillet-Herstal 346cc Tour du Monde had been pushed away for 6900 euros (£6093), Bonhams 7th sale at Knokke-Heist beside the North Sea had grossed 10,616,220 euros (£9,236,111). With a surplus of Brexit-inspired depression on the other side of La Manche, this was a welcome Belgian aperitif for EU mainlanders during an early Friday evening session before dinner only 8km from the Zeebrugge ferry. RH-E
Jay Kay checks out £27,195 Capri 2000 V4 GT, one of 74 mainstream classics bought for £1.1m during 67% sold CCC sale near Leamington Spa
On a Saturday 5 October afternoon beside the Fosse Way in Warwickshire, Classic car Auctions’ top priced lot was a right-hand drive 2011 BMW M1. One of the must-have Beema Coupes had been driven only 90 miles and had emerged from underground storage to fetch £59,385 with premium, beating an 18,700 mile 1994 Ferrari 348 Spider with manual-change sold for £53,280 to pole. The same money was forthcoming for the day’s top performing Fast Ford, a show quality 1974 Capri RS3100, one of just 50 of the AVO-developed Essex V6 powered Capris left in the UK.
An equally well presented 1994 BMW 850 CSi manual with 60,000 mileage found £44,667 and another of the 140 M1s, though driven 49,300 by three former keepers, went for £30,525. A freshly soda-blasted to bare shell restored 1975 2002 Tii Lux was sold afterwards for £22,000. £27,195 meanwhile was paid for a down to last nut and bolt restored Ford Capri Mk1 2000 V4 GT XL, that cost £1,310 in 1970, and £19,980 bought a front-wheel drive 1983 Escort RS1600i with 29,000 warranted mileage.
A close to top estimate £37,185 was bid for a 1968 Triumph TR250 that had been converted from left to right-hand drive during a chassis-up rebuild. There were takers, too, for both 1953 MG TDs. A previously left-hand drive Texan 1250, the subject of a body-off 5 year rebuild and totally mint, deservedly made a close to a top estimate £24,420, and another US-supplied and repatriated Midget with engine bored out to 1380cc and Ford Type 9 5-speed box realised £22,200, just over the guide price.
Selling for more than a forecast £26,085 was a locally supplied and serviced 26,000 mile 1992 VW Golf GTI Sportline Cabriolet and a 26,900 mile 1988 Audi UR Quattro on refurbished Ronals with ‘WR’ 200bhp 10-valve 5-cylinder motor and fully re-trimmed interior made the required £22,866.
A claimed to be genuine 1965 Lotus Seven S2, UK supplied with Ford Kent 1600cc before Australian residency, may have been good value for a Caterham-sized £16,872 as was a 1969 Morgan 4/4 with the same engine sold for £11,100, £3,900 less than the lower estimate. The once ‘Noel Edmonds House Party’ employed spoof 1992 Ford Sierra XR4 x4 Cop Car was well nicked for £5,500.
After half a dozen post-sales, 75 of the 112 ‘Everyman Classics’, all of which were displayed out of the weather within the Warwickshire Event Centre, had sold. The 67% sale rate was around the same as the national average had been at the 9 other collector vehicle auctions held in September. While buyers at this Midlands sale spent a premium-inclusive total of £1,120,905, an average of £14,945 per car bought.
Further analysis of the stats showed there were 7 ‘No Reserve’ cars, which were going to sell for whatever was bid, whereas 37 sold within their guide price bands and 8 made more than their top estimates. While below estimate prices were accepted by the vendors of 24 cars, on the day, the best bids for 37 unsold cars, just over one third of those in the catalogue, were not enough for their entrants who had to take them home again.
CCA’s next and final sale of the 2019 season will take place from 11am Saturday 7 December, again at the WEC, where cars for sale may be viewed 12-6pm Friday 6. C.A.R. will, of course, be there and will report back to you just after the book has closed. RH-E
Bonhams MPH chief Rob Hubbard sells 1950 MG TD for £18,000, one of 110 accessible classics driven past Bicester Heritage in debut sale
The newly launched Bonhams MPH held their debut ‘Drive Through’ in the Bicester Heritage hangar 26 September, when 63% of the 110 classics offered changed hands, the 69 vehicles selling for £1,314,181 gross, an average per car sold of £19,046 including premium.
Modern Classics prices were led by a 1993 Ford Escort RS Cosworth with factory-paint, twin headlight conversion and 38,207 mileage from 10 years storage sold for £49,500, top estimate money. A 2016 Audi RS6 TFSI 4-Litre V8 Quattro Avant driven 21,585 miles by one owner made £38,250, just below the lower estimate. A rare in right-hand drive, two owner, 25,500 mile since 2006 Renault Clio V6 255 Sport meanwhile sold for a forecast £37,125, whereas a well below estimate £42,750 was accepted for a left-hand drive Ferrari 550 V12 Maranello Coupe, delivered new in 1998 to France and colour-changed at some time.
An already classic Morgan Plus 4 Roadster on wires of only 2017 vintage fetched £33,750, while £31,500 paid for an always right-hand drive 1968 Triumph TR5 with Surrey-Top on Minilites was more than expected and a Mulliner of Brum bodied 1954 TR2 ‘Long Door’ that would be Mille Miglia Retro eligible raised the required £21,375. A 1953 Land Rover S1 that had been restored in 2015 fetched £22,500, £7500 more than the guide price, and £14,062, £2062 over estimate, was forthcoming for a 1975 Leyland Australia supplied S3 2.6 ‘Six’ 109 Pick-Up.
Among older cars to be driven past bidders into new ownership in Oxfordshire were a Ginger Dann restored, right-hand drive 1936 Ford Model 68 V8 Cabrio with brakes converted to hydraulic actuation, which sold for £47,250, £7250 more than forecast, and a Kling US restored, left-hand drive 1939 Ford V8 Roadster with Offenhauser heads and 5-speed box, sold for £39,375, close to the top estimate. A 1930s-looking, though 1980-made Shay ‘Ford Model A’ Tribute with Pinto running gear, towing an older restored 1940 Swift 2-Berth Teardrop caravan went for £9000 and £3937 respectively.
After some successful post-selling, there were buyers for all but one very specialist Land Rovers from a small private army of military vehicles consigned from the Elite Collection. The coup-ready convoy was led by a 1993 Land Rover Defender 110 V8 Special Operations Vehicle SAS Truck with a brace of convincingly replicated GPMG machine guns and a 50 calibre machine gun copy, all of which mustered £49,500, albeit well below the £65,000 sought. Whilst a 1985 Defender 110 V8 SOV SAS Truck in desert disguise with camouflage nets, that reportedly had seen service in the first Gulf War and more covert action in Africa and Oman, found £48,375, again considerably less than the £80,000 or more suggested.
Bonhams provincial brand for more accessible classics at more affordable prices for most has therefore been launched and the void left by the regular bike and car sales previously held at Kidlington has been filled. In this, the MPH team’s first sale just off the M40 at Bicester, 12 classics were auctioned at ‘No Reserve’, 6 made over top estimate money and 19 sold for within their estimate bands. While the vendors of 32 cars were prepared to accept less than the guide prices, 41 reserves were however too much for those prepared to bid for non-essential vehicles in Brexit-battered Britain. The next selling and buying opportunity under the MPH gavel in Hangar 113 will be 26 November. RH-E
Supercars confiscated from son of African President in money laundering enquiry deal raise £19.19m for good causes in Bonhams Geneva auction
The cache of supercars owned by one Teodoro Obiang, the son of the Equatorial Guinea’s President Teodoro Obiang Nguema Mbasogo, had been confiscated by the Geneva Prosecutor’s office after a deal had been struck ending a money-laundering and misappropriation of public assets inquiry.
The 25 supercars, hypercars and luxury saloons (plus one Geneva-made 1930 Motocsacoche 493cc CM3 motorcycle) - the ‘No Reserve’ centrepiece of the 29 September Bonhams auction in the deconsecrated 12th century abbey at the Bonmont Golf and Country Club in the village of Cheserex - had been consigned by the State of Geneva, who, the Swiss press report, will donate the proceeds to fund social programmes in the former Spanish colony. All but one of the Obiang cars, which were not Swiss registered, would be subject to import tax if they were to remain in Switzerland.
The jewel in the low mileage and mint Obiang portfolio was an ultra-rare 2014 vintage Lamborghini Veneno. The opening bid of 3m Swiss Francs drew a collective gasp from the standing room only audience who witnessed a seven minute nail-biting contest adjudicated in English by Bonhams Group Motoring Chairman James Knight, during which six initial contestants were bid-down to two. The eventual winner, a private collector, secured the coveted Roadster (one of only nine and considered to be ‘the ultimate’ Lambo) for 8,280,000 Swiss Francs (£6,789,600) to set a new world auction record for a Lamborghini.
Other stand-out performers from the very well stocked Obiang toy cupboard were a 2014 Koenigsegg One:1, one of just six cars produced by the Swedish manufacturer, which had covered just 597k and which realised 4,600,000 Swiss Francs (£3,772,000), and a c2015 Ferrari - La Ferrari, a 1000k example of the Ferrari F1 and GT inspired model, which achieved 2,185,000 Swiss Francs (£1,791,700).
Obiang’s confiscated 2011 Aston Martin One-77, the 35th example of Aston Martin’s carbon fibre and aluminium flagship hypercar from a limited run of 77 realised 1,552,500 Swiss Francs (£1,273,050. While his 3000k since c2010 Bugatti Veyron inspired a bidder to part with 1,311,000 Swiss Francs (£1,075,020).
Noteworthy prices paid for the other 46 cars in this sale were the 1,955,000 Swiss Francs (£1,603,100) for a 2010 Lamborghini Reventon Roadster, one of just 15 produced, and a 1,150,000 Swiss Francs (£943,000) 1993 Porsche 911 Type 964 Turbo S ‘Leichtbau’ Coupe. 996,425 Swiss Francs (£817,069) was paid for a 2011 Ferrari 599 SA Aperta with factory hardtop and 508,875 Swiss Francs (£417,278) for a delivered new to Basle in 1963 Ferrari 250GTE S3 2+2 Coupe.
And finally, exceptional pop provenance was responsible for a No Reserve 1956 Lagonda 3-Litre Tickford 4-Door Saloon selling for 69,000 Swiss France (£56,580). Owned by Claude Nobs, founder and organiser of the Montreux Jazz Festival, the trusty Lagonda had been employed to shuttle a galaxy of superstars between Geneva Airport and their concerts, the Rolling Stones, Petula Clark, Aretha Franklin, Count Basie, Ella Fitzgerald, Duke Ellington, Oscar Peterson, Nina Simone, David Bowie and Freddie Mercury among them.
This was the first Bonhams collector vehicle sale to be held in Switzerland for ten years and the fourth sale for their motoring team in as many weeks. After a total of 72 cars had crossed the block, 61 of them, an impressive 85%, had changed hands for 35,587,325 Swiss Francs (£29,181,606 with premium). The average of 583,399 Swiss Francs (£478,337) spent per auction car was also quite extraordinary. 46 'No Reservists certainly helped the Sunday afternoon session to go extremely well and only 11 cars were unsold 'live'. RH-E
Over £2.3m spent on 96 classics during 67% sold Historics sale at Brooklands, despite simultaneous Ferrari and Porsche sales in Midlands
Aston Martins sold out at Brooklands Saturday 21 September where a French registered, though right-hand drive DB4 S3, appropriately retailed by Brooklands of Bond Street in 1961, since when it had been in receipt of sympathetically executed restoration with some patina surviving, fetched an only just below estimate £275,000.
A well below forecast £104,060 was accepted for a 1973 V8 S2 Fuel Injection auto from ‘nut and bolt restoration’, while a more than top estimate £68,750 was paid for a 1999 V8 Coupe auto demonstrator with service history by three owners and the required £70,400 was found for another three owner since 2010 DBS Volante.
An early Jaguar E Type S1 Roadster ‘Flat Floor’ in left-hand drive had been first supplied to Puerto Rico in 1961 and sourced in Germany before being auctioned here Without Reserve. With non-original 1963 3.8 engine, the correctly described as ‘running and rolling restoration’ was taken on for £71,500. Other Jaguar valuations were a restored left-hand drive 1952 XK120 Roadster sold for £78,100, an older restored and former 1962 Coupe and now Roadster E Type S1 3.8 for £66,000, an early 1964 E S1 4.2 2-Seater Coupe for £66,000, an always right-hand drive 1966 E S1 4.2 2+2 Fixed Head from 17 years vendor ownership for £33,880, and a former auto, now manual 1959 Mk1 Saloon with Mk2 engine for £33,000.
Mercedes-Benz prices were led by a cosmetically and mechanically sorted £49,500 1966 230SL Pagoda-Top lefty, a restored £38,885 1967 300SE Coupe and the ex-Sir David Frost £25,520 1967 250SE Coupe. A Mark Taylor of Chichester restored 1975 Rolls-Royce Silver Shadow I meanwhile also presented well, hence the £20,900 result, and £31,900 bought a rally equipped 1965 Morris Mini Cooper 1275S in works colours that looked instantly ready for more historic events for £8100 below the lower estimate.
Other Minis to change keepers here included a 41,103 mile 1978 Austin Clubman 1275GT for £13,200 and three ‘Italian Job’ replicated Minis to pseudo S-spec for £9350, £8580 and £7766 respectively, which all fitted inside a specially converted Bedford YNL ‘Gold Bar Transporting’ Single-Decker Bus secured for a bargain £4620.
The going rate in the Brooklands Museum car park for a 1951 Bentley Special, one of 31 built by Geoffrey Shrive on a Mk VI R Type chassis with 4¼-litre engine, was £39,600, £5400 less than had been forecast. A recently chassis-up revived 1960 S2 Saloon straight from the set of the yet to be released Walt Disney ‘Artemis Fowl’ movie however did achieve the required £36,300 and £24,750 bought a 1953 R Type Standard Steel Saloon with power-steering.
The newest motor on the block was a 2011 Land Rover Defender 90 2.4TD XS with Twisted Performance P10+ upgrade to 182bhp via an auto-box landed for £36,850. Whilst both AC Cobra Reproductions, a 1996 427 Semi-Competition by Contemporary packing a correct Shelby-licensed Ford V8 for the late Liam Howlett (of The Prodigy ) and a 2014-dated Dax 427 with Chevvy 383ci, sold for £50,600 and £33,330 apiece. A dry-stored 1949 2-Litre Saloon abandoned project rescued for £3740 meanwhile may hopefully be resuscitated as a genuine AC-engined AC Sports-Saloon with its original registration intact.
After only a few preliminary post-sales had been tied up, 96 of the classics from the 144 offered had sold for £2,317,996 with premium, successful bidders spending an average of £24,146 per car bought. The Saturday attendance was good and the 67% sale rate was certainly boosted by 33 of the 96 cars sold being auctioned ‘Without Reserve’.
Further analysis shows that buyers paid within estimate sums for 28 cars and more than forecast money for 18 more, while the vendors of 17 cars were prepared to accept reality and below estimate returns. Whereas 48 cars, one third of those consigned and for sale, did not do so, potential buyers deciding that, in the metal and on the day, their actual cosmetic conditions and likely mechanical states did not warrant the reserved prices sought by vendors. There will usually be another day. RH-E
Carrrera GT sells for £607,500 to head £1.26m session at Warwickshire Polo Club where 14 well presented Porsches were rehomed
The clear top seller at The Silverstone Auctions 21 September all-Porsche sale was a 612bhp 5.7 V10 powered Porsche Carrera GT that was delivered to Germany in 2005 before Italian and UK residencies. With full carbon pack and £8k matching luggage, the supercar, which will almost certainly never do 205mph sadly being tucked up in storage like most of the others, was hammered down by auctioneer Jonathan Humbert for £540,000. The £607,500 with premium paid must have seemed considerably cheaper for a buyer paying in euros in Spain.
Yet another Jay Kay owned classic was dispersed during the afternoon session. The Jamiroquai front man’s 2015 911 Type 991 Turbo S cost the winning bidder a within estimate band £106,875. £72,000 was forthcoming for a 2015 bodily restored 1971 911 D Series 2.2S that would benefit from further detailing and the same money bought a 25,500m since 2010 911 997 Turbo S Gen 2 with 7-Speed PDK transmission. A PCGB endorsed Martini livery 1980 911 930 Turbo meanwhile realised £61,875 and a father and son in the saleroom were truly delighted to acquire a right-hand drive 1989 928GT manual for £51,750.
A 1991 944 Turbo Cabrio with Promax Stage 2 performance upgrade made a more than forecast £27,000 and a below estimate £21,250 was accepted for a 1994 968 Clubsport with sunroof and Variant 3 coil-over suspension. The lowest priced Porsche in the results was a 1994 968 Sport, one of only 306 in UK-spec, declared sold for £9000.
After the auction book had been closed, 14 or 47% of the 30 Porsches offered at the Polo Club had changed hands for £1,261,576 with premium, an average of £90,113 spent per car, though 16 Porsches were unsold and will have to be valuation-tested again. Analysis of the sale stats tells market watchers that while 1 Porsche sold for more than forecast and 8 did so for within estimate bands, only 2 sold for less than their lower estimates. In addition, the final prices for only 3 of the 5 No Reserve Porsches have been published.
With the Supreme Court Judges unanimously thwarting a minority administration, and Remain MPs doing their constitutional best to kill off Brexit before a General Election could redraw their political party lines, national uncertainty can only continue and all market sectors, including this one, cannot fly like Thomas Cook and hundreds of thousands of their clients used to do. RH-E
Although the going was too hard for Daytonas at Dallas Burston Polo Club, players still spent £1.75m on 15 Ferraris at Silverstone Auctions
Neither the 1973-75 Sir Elton John owned Ferrari 365GTB/4 or the Daytona delivered new in 1972 to Ecurie Ecosse driver Tommy Dickson cleared their vendors’ £425,000 and £475,000 fences during a Saturday 21 September canter in Warwickshire. Although a rarer in manual 19,000k since 2008 599GTB did sell afterwards for £360,000, and Jamiroquai frontman, Jay Kay’s 1972 365GTC/4 Coupe sold for £219,375 under the gavel, albeit less than it had cost to restore in carefree 2014.
More modern front-engined Ferraris were well received by Ferrari Owners Club members, whose freshly polished cars were lined up outside, a 2012 599GTB celebrating 60 years in F1 ‘Alonso Final Edition’ driven 8000 miles pulling £208,125 and an only 630 miles from new in 2009 F430 Spider F1 secured for £103,500.
After a very long telephone contest, a more than top estimate £153,000 was required to capture a 1995 512M 30,000k lefty and a 1996 355 Berlinetta with 30,000k cost a new rider £94,500, forecast money. A 2013 vintage FF 4WD 4-Seater was acquired for £112,500, an only 2500k from new 1990 348TB for £90,000 and a 2007 F430 60th Anniversary Edition Spider with Daytona seats for £86,000 afterwards.
Including post-sales, 15 or 44% of the 34 Prancing Horses in the Polo Club ring changed stables, their new owners paying £1,747,250 including Silverstone Auctions premium, a far from downtrodden average of £116,483 spent per Ferrari. Analysis of prices paid shows 2 cars sold for more than forecast and 10 did so for within estimate bands, while only 3 sold for less than their lower estimates. 19 Ferraris did not sell on this occasion however and may only sell for less next time around.
After the briefest pit stop for lunch, during which Ferrari Club members were replaced with those from the Porsche Club GB, 30 Porsches went under the gavel in the afternoon sale, analysis of which will follow this transmission after the last loose end has been tied. RH-E
All 124 ‘No Reserve cars’ from single owner Saragga Collection sell out during RM Sotheby’s first sale in Portugal for 10.19m euros (£8.97m)
Held on the owner’s estate near the beach resort region of Comporta 21 September, the 8 hour dispersal sale attracted hundreds of potential owners. Bidders from over 30 countries, 52 per cent of them new clients to the house, competed for cars and, significantly for the auction market I would suggest, 22% of them bid on-line.
The top priced 1931 Bentley 8-Litre had been in receipt of well documented restoration and encouraged spirited bidding until sold for 680,000 euros (£598,400). A matching numbers 1973 Porsche 911 Carrera RS 2.7 Touring with well documented restoration meanwhile, a benchmark classic in the depreciated investor category, made a nostalgic 602,375 euros (£530,090).
Local market interest boosted the performance of a former concours winning Delahaye 135M Cabriolet by Chapron that had been delivered new in 1938 to the manufacturer’s Lisbon showroom. One of only 30 surviving 1955 W D Denzel 1300s with Portugese provenance brought 314,375 euros (£276,650) and a one of a kind 1966 Mercedes-Benz 600 Sedan, coachbuilt by Parisian Chapron and resident in Portugal since 1972, was successfully re-homed for 342,500 euros (£301,400).
Other Portugese Porsche valuations here included a modern classic 1992 911 Carrera RS in hot Rubystone Red, which made 241,250 euros (£212,300), an even more modern 911 GT3 RS from 2010 174,800 euros (£153,824) and an old school 1960 356B Roadster 151,800 euros (£133,584).
An additional lot to achieve a strong price was a 1956 Lancia Aurelia B24S Convertible sold for 231,125 euros (£203,390), while a 1972 Alpine-Renault A110 1300 more than doubled its high estimate to realise 195,500 euros (£172,040) and a 1925 Amilcar CGS 100,050 euros (£88,044), again twice the high estimate. A 2001 BMW Z8 made the top ten with the buyer’s 165,600 euros (£145,728) valuation.
After their 124 sold from 124 offered and 100% sold stats, RM Sotheby’s final sale of the year in the EU, within which the UK will almost certainly still be locked, will be the London Sale, not in Battersea Park in September, but at Olympia London 24 October. RH-E
Pre-sold DB4GT and £1.5m Bugatti T57 top £11.7m Bonhams results at Goodwood Revival in UK’s highest grossing sale of year so far
After 28 years in German ownership, the Bonhams 14 September Goodwood Revival catalogue cover featured Aston Martin 1961 DB4GT factory demonstrator, first sold to Donald Campbell and estimated at £2.2-2.8m, was sold pre-sale after an undisclosed offer had been made which the vendor could not refuse. It was left therefore to the 1935 Bugatti Type 57 with Atalante Coupe coachwork from the late Barry Burnett Collection to make £1,499,000, top estimate money, and head an over £11.7m sale including automobilia (which included the ‘010’ registration, the tenth to be issued in Birmingham in 1904, sold for £97,750) and a £43,700 1962 Runabout by Pedrazzini of Lake Zurich.
The 1969 DB6 Mk2 Volante Convertible, one of only 36 made and one of eleven cars being dispersed from the estate of the late Peter Phillips, former owner of the Jones Bootmaker chain, sold for £743,000, close to top estimate. While a 1915 Rolls-Royce Silver Ghost with replicated Alpine Eagle body went for a below estimate £264,500, his 1968 DBS Vantage replicating the ‘On Her Majesty’s Secret Service’ 007 by AM Works Service at a cost of over £190k in 2008 realised a more than forecast £135,700.
There were buyers, too, for the once Lagonda V12 factory 1938 press car, which was used by Earl Howe pre-WW2 and formed the basis of the ‘Le Mans Team Car’ recreated in the 1980s by the late Bentley specialist Stanley Mann. Acquired by Barry Burnett in 1989, the racey looking Lagonda Replica sold in the Bonhams tent for £207,015, while £180,400 was accepted for the West Country collector’s rare in right-hand drive 1963 Facel Vega Facel II. All the Burnett and Phillips Collections cars sold out.
The 1939 Alfa Romeo 6C 2300B Short-Chassis, a former Saloon re-bodied as a Spider to concours standard in the 1980s and further enhanced during Bill Jacobs ownership in the US, was superbly turned out and sold for a within guide £408,250. Whereas a below estimate £207,000 was accepted for a 1924 Bugatti T23 Brescia with complete known history from new in Australia.
A right-hand drive 1960 DB4 S2 had been driven from Sweden to Goodwood in 2018 and sold here in 2019 for a within forecast £264,500 and one of the oldest surviving production Astons, a 1923 1½-Litre sidevalve-engined two-seater, that had been crashed into an obelisk in 1934 and re-bodied as a GP road car for two in the late 1970s, made £154,100, more than the top estimate.
Goodwood Porsche prices were £138,000 for a 1992 911 964 Carrera RS with Ninemeister upgraded 3.8-look bodywork, £124,00 for a 1959 356B 1600 Cabriolet by Reutter in recent receipt of no expense spared restoration and £57,500 for a No Reserve 2019 repainted 1988 911 930 Turbo.
Jaguar valuations here included a 1961 XK150S 3.8 DHC for £161,000, the Jack Sears 1954 raced XK120 Coupe sold afterwards for £133,333, the Franchorchamps Yellow 1952 XK120 FHC built for Peter Agg by XK Developments with many upgrades sold under the hammer for £97,750, another XK120 FHC in LHD for £60,950 and a Guy Broad built and upgraded 1959 Mk1 3.4 in BRG on wires evoking Mike Hawthorn’s Mk1 for £46,000.
Contrary to popular misconception, all the Ferrari Prancing Horses bucked recent form by changing riders at the Revival this year. For whilst a Classiche Certificated 1970 365GTB/4 ran out of puff with £400,000 on the trading screen, the RHD Daytona did sell afterwards for £437,500. A pro-restored 1975 365GT4 BB with 43,570 mileage meanwhile had already made £247,250, a 1990 TR Coupe driven only 16,500 miles by one owner £101,200, a 2004 575M Maranello with HGTC package £74,166 and a 32,500 mile 2003 F360 Spider £62,100. All but one, the Testa Rossa being a lefty, were RHD cars in an increasingly RHD UK market.
While the ex-Guy Griffiths 1950 Healey Silverstone without Riley 2.4 engine, into which a Jaguar 3.8 motor had been crammed, peaked at an unacceptable £125,000, the required £63,250 was available for a 1956 100BN2, uprated to ‘Le Mans spec’ and converted from left to right. A still left-hand drive 1964 3000 Mk3, repatriated from the US in 2015 and restored by 2017, was acquired for £35,650, but the £25,000 or more sought for a wire-wheels shod 1959 Bugeye with Blower, Sebring bonnet and hardtop was not forthcoming ‘live’.
A Danish 1967 Austin Mini Cooper S to ultimate Group 2 spec with Arden 8-port head and Lucas PI at the front had finished first in the pre-1971 under 1300cc category in the 2016 Copenhagen GP before raising £40,250 in West Sussex. 850 Mk1s meanwhile continue to defy most trends by performing strongly with £28,750 handed over for a very early and a former Beaulieu project 1959 Mini that had been totally rebuilt by Melvin Floyd at Just Historics and £18,400 for a refurbished 1959 Morris Mini that had served the same family for 54 years.
The ex-Ford Finland 1976 Escort RS2000 Mk2 Group 1, rebuilt in 2010 and winner of the Finnish Historic Championship in 2011 and 2012, rallied to a £48,300 result. A 2013 Goodwood Revival raced 1957 Rochdale GT with Climax engine was most unusual for £25,300 and an Italian restored 1960 Lamborghini DL20 2241R tractor harvested £23,575. While no Aston Martin collection can be truly complete without a No Reserve c1949 David Brown VAK 1 Cropmaster tractor picked up for £6,325.
As already reported on this website, the Sir Jack Brabham raced 1961 Cooper-Climax T55 Slimline F1/Tasman single-seater raised £244,375 for the Race Against Dementia charity founded by fellow triple World Champion Sir Jackie Stewart, who introduced the lot generously donated by Peter Livanos.
By the end of the Saturday afternoon sale, 64 or 61% of the 105 collector vehicles on offer had sold for £11.27m with premium, a not inconsiderable average of £175,404 spent per car. At the same sale last year however, 15 more cars sold and the 69% sale rate was 8% higher, while the average spent per car was £44,929 or 26% more one year ago (much the same as the percentage fall in prices at the recent California sales compared to the total for the same six auctions in 2018).
Nonetheless, whilst most prices continue to correct and confidence to buy has become noticeably subdued in the auction tents and salerooms of a divided nation, and although the price paid was undisclosed, the DB4GT 0161R has almost certainly been the second highest value collector vehicle consigned for auction and sold in the UK in 2019 (only just behind the £2.7m Mansell Williams at the Festival of Speed). While even down at a mere £11.7m (compared to a more heady £17.46m in 2018!), this year’s Revival sale has still been by far the highest grossing sale for classics in yet to Brexit Britain this year. RH-E
Sir Jackie Stewart movingly introduced Cooper-Climax raced by fellow triple World Champ Brabham which raised £244k for Race Against Dementia
Bonhams’ annual Goodwood Revival auction was preceded by the auctioning of the ex-works Cooper T55 ‘Slimline’ raced to victory in the 1961 Aintree 200 by Sir Jack Brabham, who also drove it in 1.5-litre Grand Prix before 2.7 and 2.5-litre Climax engines were fitted for the 1962 Tasman series.
One of only two T55s built for Brabham and teammate Bruce McLaren, Cooper F1/10/61 was restored by the late Urban Fassler of Hinwil, Swiss marque specialist, to the highest standards, but for static-display only as the owner never intended to race it. Before doing so, the next owner-driver would therefore have to have car, 2.5 engine and transmission fully recommissioned, and fuel tank and safety equipment updated for compliance with current FIA regulations.
Sir Jackie paid tribute to fellow World Champion Sir Jack and thanked previous owner Peter Livanos for his great generosity in donating the car so that all auction proceeds could benefit the ‘Race Against Dementia’, a charity he founded to raise money to fund breakthrough and innovative dementia research. He spoke movingly of how his wife Helen, his timekeeper in the pits throughout his illustrative career in Grand Prix, has been diagnosed with dementia.
The charity’s aim, Sir Jackie said, was to instill a “Formula One attitude” in attention to detail and urgency, to accelerate the pace of solutions development for dementia, which 50 million people around the world have. He warned that one in three people today will get dementia in their lifetime and a new person develops dementia every three seconds. This was a crisis that cannot continue, he said.
Among F1 personalities who viewed the Cooper during viewing were Bernie Ecclestone and Christian Horner. Auctioned by Bonhams Group Motoring Chairman James Knight ‘Without Reserve’, the T55 Slimline quickly overtook the £100,000-£150,000 guide until the gavel finally fell after £212,500 had been bid in the seats. All the £244,375 premium-inclusive proceeds went to ‘Race Against Dementia’. On behalf of Sir Jackie and the charity, great thanks to all concerned. RH-E
After nearly 60 years with one UK family, Le Mans raced Bugatti is unveiled by Bonhams at Goodwood as their 2020 Retromobile headliner
The Louis Chiron/Count Bouriat-Quintart driven, works-entered Bugatti T55 2.3 Twin Cam Eight with 1932 Le Mans history, that was immediately re-bodied in Paris with striking 2-seater coachwork penned by Guiseppe Figoni and went on to win the 1933 Paris-Nice Rally and star in the Bois de Boulogne concours, has been consigned by Bonhams to headline at their 9 February Paris sale during 2010 Retromobile week.
The highest price paid for a T55 in public auction has been the $10,400,000 including Gooding premium paid at Pebble Beach for chassis 55213, the Jean Bugatti roadster driven by Achille Varzi and Count Castelbarco in the 1932 Mille Miglia. But this was in California in August 2016. More recently, again in the US under the Gooding gavel, though at Scottsdale Arizona in January 2018, there was a buyer with $4,070,000 with premium for the Jean Bugatti roadster-bodied chassis 55201, a French Cup winner at Pebble.
Essentially a Grand Prix Bugatti in sports car clothing, chassis 55221 is being auctioned for the first time, following 56 years in the ownership of one British family. With the Paris auction nearly five months away however, by when the last genuine T55 will have been auctioned more than two years ago, but with the state of the economies and the exchange rates between the major currencies impossible to predict by then, unsurprisingly no pre-sale estimate has been published.
Although as the Paris sale headliner was revealed in the Bonhams tent, and both Bugatti and historian Doug Nye were applauded for his researches during viewing at the Goodwood Revival, to predict that 4-5m euros (£3.5-4.5m), or even more, may be achievable for a Bugatti T55 with period Le Mans, Rally and Concours provenance and Figoni body beautiful can only be one pundit’s best guesstimate.
For can anyone on either side of the Channel really forecast with any accuracy what may or not have happened by November, let alone by February 2020? By then perhaps, over-inflated and increasingly incredible balloons in finance agreements may have finally burst and guarenteed buy-backs in PCPs could have become as historic as a 1932 Bugatti T55. RH-E
74% of cars in the Bonhams catalogue sell for just over £3m including automobilia at the annual Beaulieu International Autojumble
The top selling 1929 Bugatti Type 44 3-Litre Eight with Harrington four-seater tourer coachwork justified its Beaulieu sale catalogue cover status 7 September by selling for a top estimate £293,250 with premium before heading for Hungary. A stately Edwardian 1908 Napier 45hp Type 23 Six with Formal Open Drive Limo body by Burlington Carriage with benefit of Downton Abbey, Mr Selfridge and Peaky Blinders exposure was knocked down to an American collector via a telephone for £235,750, less than forecast. While £91,667 was accepted afterwards for a 1926 Frazer Nash 1½-Litre Super Sports from 42 years vendor ownership after £130,000 or more had not been forthcoming.
Bidding for a 1927 Rolls-Royce 40/50hp Phantom I with replicated Gurney Nutting Saloon coachwork and Abdication Edward provenance was also abandoned at £130,000 and a 1979 Bentley T2 gifted to Maggie Thatcher in 1980 fell short of reserve at £9,000. The No Reserve 1952 Rover 75 that served actor Robert Hardy’s Siegfried Farnon well in All Creatures Great and Small on black and white TV did raise £6,670 however, despite requiring restoration.
A 1948 Bentley MkVI 4¼-Litre Park Ward Drophead Coupe, one of only 23 with this coachwork, made the required £78,200 and a left to right-hand drive converted 1952 Jaguar XK120 FHC with full complement of 4.2 and Getrag 5-speed upgrades by Fender-Broad £75,900. A 1986 Aston Martin Lagonda S3 in receipt of no expense spared 2008-2014 restoration, that had included conversion of the potentially troublesome instrumentation to even more modern LCD, had come to market after its late owner had died in a helicopter accident. This still futuristic looking William Towns styled wedge in light blue could still turn younger heads and was well bought for £36,800.
Also much viewed was the 1936 Austin Seven Formula 750 racer ‘Sacre Bleu’, which raced in the annual Birkett Six Hours in the 1960s, crashed at Oulton, was recovered from an orchard in 1993 and had been rebuilt by 1996. The £8,000-12,000 guide was quickly overtaken and the winning bidder had to pay £20,125. An unsold Ford V4 powered, grp-bodied 1971 Saab Sonett III in a weird shade of green meanwhile was swept up on the Sunday for £8,800.
Although a very neat 1964 Morris Mini Cooper 970S with upgraded 999cc block, Mk2 transmission and Taurus mods failed to raise the £32,000 sought, a Crayford 1964 Morris Mini Sprint, a concours winner at Beaulieu in 2016, did sell for £21,275. Both 850 Mk1 Mini projects meanwhile were trailered away, a 1959 Morris with holey floors taken on for £5,750 and, after a 21 year slumber in a barn in the New Forest, a 1964 Austin Super De-Luxe non-runner was acquired for £3,680 and remains in Hampshire.
There were fans for all three right-hand drive VW Beetles, one paying £10,350 for a 1200 that was made in Germany in 1977, since when it had only been driven 3,600 miles. A 1966 1300 with 27,000 mileage from the same vendor cost the next keeper £8,625 and an unrestored 1959 VW Beetle 1200 with three boxes of parts made £5,750.
Really very Beaulieu, and appealing to the very International Autojumblers with shed loads of euros who had made annual pilgrimage to browse several fields full of stuff, were a previously flood damaged 1984 Ferrari 512 BBi lefty with new ‘crate’ engine carried off for £51,750, and £16,675 rescued a once Swiss and a now very dusty 1963 Maserati Sebring Coupe in ‘barn found condition ’. A stalled Lotus XI project with well replicated chassis by Bill Needham, Coventry Climax engine, Sprite Mk2 box and some original bits, though no documents, was probably the most viewed lot in the tent, which explains the £16,100 result.
One of the most surprising performances was that of the 1582 numbered Vanden Plas Open 4-Seater Tourer coachwork that once graced Bentley Speed Six chassis LB 2350, but had been restored with replacement body covering fabric and woodwork repair. For what was only a body, albeit with running boards, rear wings and hood, flew past the £4,000-6,000 suggested to sell for £34,500!
As the Bonhams team vacated their Beaulieu tent and headed straight to Goodwood circuit to occupy another marquee for their next sale at the Revival meeting only five days later, 93 of the 125 cars auctioned in the grounds of the National Motor Museum had sold for £2,934,669 with premium (£3,243,846 in 2018). The sale rate at Beaulieu this year therefore was 74% (last year 81%), the average spent per classic £31,556 (actually up on £31,191 one year ago).
Although Brightwells and Bonhams bidders were not prepared to meet or better the reserves of 87 unsold cars within four days in Herefordshire and the New Forest, there were still plenty of buyers in play who were prepared to invest £4.78m in 217 classics. Our particular satellite would certainly seem to have sufficient oxygen to continue orbiting the badly managed planet. RH-E
DB4 from abandoned restoration doubled its pre-sale estimate to sell for £210k at Brightwells during £1.85m afternoon when 69% of cars sold
A stalled Aston Martin DB4 project was taken on for £210,560 with premium, more than double the £100,000 lower estimate, to become Brightwells top seller during their latest £1.85m sale for ancient and modern classics at Leominster 4 September. Considering the recent softening in many prices, this was a remarkable valuation for a left to right-hand drive converted 1960 S2, albeit with restored shell, all numbers still matching and full history known from new. Not that much more could land a complete and running DB4s, even if in need of some TLC.
A mid-estimate £84,560 bought a 1974 Jaguar E Type S3 V12 Roadster with upgraded 5-speed manual box that had only done 1000 miles since being treated to a £118,000 restoration, whereas a close to lower estimate £49,280 was accepted for a JD Classics 2017 rebuilt 1966 Austin Mini Cooper 1275S. There were buyers for both Jensen Interceptors with a £10,000 below forecast £70,000 for one of 320 1971 FF 4x4s from three-year restoration and £33,600 for a mellowed 1968 Mk1 manual, one of only eight survivors.
From the same ownership since 1989, the Sunbeam Tiger captured for £57,120 was the first ever right-hand drive production Mk1, upon which almost £40,000 had been spent on a back to bare metal restoration. A 1996 Ferrari 355 Spider treated to a £33,000 make-over cost the next owner £50,400 and a former 1969 Citroen DS20 Saloon, one of three converted to Decapotable by the Oxford French Company, changed hands for £39,200. While ‘Modern Classics’ were headed by a 2012 Maserati Gran Turismo S 4.7 V8 4-Seater sold for £32,480.
An always right-hand drive 1964 Austin-Healey 3000 Mk3 BJ8 Phase 2 ‘Driver’ that could be used as is or sympathetically improved over time might not have been unreasonable for £28,000 and a well presented 1934 Singer Le Mans offered more instant gratification for £24,640. The sole surviving Pass & Joyce bodied 1930 Austin 16/6 Magnet Coupe had taken 24 years to restore, and been driven only 800 miles since, before making a £4000 more than expected £20,160 here.
The going rate for half-timbered Minor Estates in the Welsh Marches was £7,280 for a locally sourced Traveller from same family ownership from new in 1969 and £6,048 for ‘Dorris the Morris’, a sprightly 54 year old. An early left-hand drive Saab 96 2-stroke from 1960 with only minor cosmetic decay, but great potential, raised £6,945, more than the guide. A ‘No Reserve’ 1987 Renault Alpine GTA V6 Turbo resto-project was towed away for £2576.
After a further 14 provisionally logged bids had been converted into post-sales, a total of 124 cars had sold, 69% of the 179 in the catalogue. For whilst the majority of MPs and unelected Lords continue to trash consumer confidence within the Westminster bubble, those inhabiting the real world had parted with £1,845,984 including premium in Herefordshire, where an average of £14,883 was spent per classic in one afternoon. RH-E
Bank Holiday weekenders pay £1.43m for 181 classics at 76% sold ACA Drive Through, where 52 No Reservists included £12,505 1974 Fulvia
With not even a hint of a cloud in sight, another bumper entry came to market in King’s Lynn 24 August, when ice cream and gallons of mineral water were more popular than fish and chips, and an average of £7,922 was spent per classic motor car on what really was a super Saturday.
A healthy 76% sale rate under the hammer was certainly boosted by 22% of cars sold being auctioned ‘Without Reserve’ and below estimate hammer prices being accepted for another 20%. Determined bidding resulted in 23 cars making top estimate money or more, while 50 cars achieved within guide price band prices.
The 57 cars that were unsold after 8 post-sale deals had been done, although 24% of the 238 displayed at the auction centre, were considerably less in percentage terms than the 42% that failed to sell at the six much higher profile Californian auctions recently.
The day’s top selling 1965 Jaguar E Type S1 4.2 Fixed Head had been repatriated from the US and converted to right-hand drive earlier this century. Beneath age-crackled paint, the very original looking real estate appeared to be solid and many depreciated pounds had been expended on the engine and transmission. Much viewed when awarded a front of grid parking spot outside the auctioneers office and with numbers still matching, the Coventry Cat had been forecast to cost the next keeper £39,000-45,000, but deservedly fetched £47,700. A 1972 S3 V12 2+2 FHC meanwhile had migrated from South Africa in 2018 to make a within estimate £38,160 in Norfolk in 2019.
Several transporters worth of cosmetically sharp and interestingly upgraded BMWs had come to market here, including a 1971 E9 3.0 CS left hooker with later 5-speed gearbox that had been resident in Germany and Canada before being landed here for £25,440. 20% of the £20,500 hammer price of a super-neat 1990 BMW E30 325i Sport with 110,825 warranted mileage was donated to the Lennox Children’s Cancer Fund.
Two head-turners were also particularly comment-worthy, I thought. A first Vauxhall owned and totally mint 1972 VX 4/90 demonstrator with upgraded body-kit and unfortunate button-velour upholstery, which had been driven only 18,916 miles by one owner and which sold for £12,296 - whilst an extraordinarily well turned out 1991 Saab 900 Turbo 16v Carlsson in receipt of recent respray after 148,490 mileage really did justify the fourth owner’s £14,204 valuation.
A dry stored in 1987 and little used since 1968 Triumph TR5 PI with galvanised chassis and renewed floors and sills was sold without reserve for £28,090 and a two registered owner, mainly unrestored example from the same year with £8k rebuilt engine went for a forecast £27,560. A once Texan 1966 Sunbeam Tiger Mk1, rebuilt with steering wheel on the right side, also made the required £31,800 as did a locally produced in 1991 Lotus Esprit Turbo SE with 53,700 mileage sold for £22,790.
Among the more unusual items, a 1936 British Salmson with Open Tourer accommodation for four realised a forecast £23,850 and a 2004 vintage Hummer H2 SUT, rarer in Pick-Up configuration and with flared wheel-arches, picked up a cool £16,324. And finally, the absolutely inevitable Sinclair C5, without which no collection or auction can be truly inclusive it seems, electrified the latest owner into parting with £700.
Pre-Brexit and/or the next General Election, the going for unnecessary classic vehicles was actually surprisingly good. Although much more sophisticated crystal balls than mine have become far too cloudy to reveal what might happen next. RH-E
Unsold Porsche hogs headlines in Monterey, where records were broken, but 80 less cars sold and prices fell by 26%
The bidding mix-up when the 1939 Porsche Type 64 drove on stage during the Saturday evening performance at the Monterey Convention Center certainly made most of the Monterey auction week on-line and print headlines in the US and elsewhere.
For the RM Sotheby’s auctioneer surprisingly opened the bidding at $30m for a car that had been reported as being possibly worth $20m pre-sale, and then announced rapidly ascending bids from the rostrum, confirmed by figures displayed on monitors in the saleroom, before a new and much lower bid of $17m appeared on-screen. Indeed, the auctioneer remained at the $17m mark for several embarrassing moments, with no bidder apparent, until proceedings were terminated with a no-sale.
Although unfortunate for all concerned at the time, a misunderstanding between rostrum and back office during the auctioning of one car by the global market leaders is hardly auction industry-significant and is probably worthy of little more than the briefest raised eyebrow or two.
The 2019 Monterey Top Ten was a far more relevant reflection on which high value collector vehicles are currently rated by their buyers as being the coolest at this year’s California sales.
- 1994 McLaren F1 Road Coupe with factory fitted Le Mans specification engine and downforce upgrades sold for $19,805,000 (£16,240,100) at RM Sotheby’s
- 1958 Ferrari 250 California Closed-Headlight LWB-Spider sold for $9,905,000 (£8,122,100) at Gooding & Co
- 1962 Ferrari 250GT SWB Coupe sold for $8,145,000 (£6,678,900) at RM Sotheby’s
- 1965 Ford GT40 Prototype Roadster sold for $7,650,000 (£6,273,000) at RM Sotheby’s
- 1958 Ferrari 250GT S1 Closed-Headlight Cabriolet sold for $6,800,000 ($5,576,000) at Gooding & Co
- 1965 Aston Martin DB5 James Bond-Promo Fixed Head with Q Mods sold for $6,385,000 sold (£5,235,700) at RM Sotheby’s
- 1975 Ferrari 312T F1 Nick Lauda Single-Seater sold for $6,000,000 (£4,920,000) at Gooding & Co
- 1960 Porsche 718 RS 60 Works Race-Spider sold for $5,120,000 (£4,198,400) at RM Sotheby’s
- 1958 Ferrari 250GT Tour de France Coupe sold for $5,100,000 (£4,182,000) at Gooding & Co
- 1951 Ferrari 340 America Berlinetta sold for $3,635,000 (£2,980,700) at Bonhams.
But after immediate post-sales deals had been done, 769 of the 1315 cars consigned for the six Californian sales grossed $248.31m (£202.61m including buyer’s premium), the overall sale rate being 58% with an average of $322,290 (£264,278) paid per car.
The stats reveal that $122.6m (£100.53m) less was spent at this year’s sales than in 2018, when the six sales grossed $370.9m ($304.14m), 34% more than this year. For in 2018, 849 cars sold (80 more than in 2019) from 1378 offered (63 more than this year) and the overall sale rate was 62%, 4% more than in 2019. Significantly, and even taking into account four major world auction record prices set at the Monterey sale this year, an average of $114,559 (£93,938) more was spent per auction car bought in 2018, whereas the prices of cars sold this year were, on average, 26% less. 546 unsold cars was also a record for California in August. RH-E
£16.24m 1994 McLaren F1 and £2.89m 2006 Ferrari FXX break records in annual Monterey sales where 34% less was spent this year
The crowd were on their feet when 1994 McLaren F1 road car number 018 with 21,500k on the clock, one of only two F1s with factory-fitted LM GTR engine and downforce upgrades, was driven across the RM Sotheby’s stage in the Monterey Conference Centre 16 August. For as with the Bond DB5 the night before, it took another four and a half minutes for a US-based private collector to outbid three other competitors and win the world’s most revered modern supercar for $19.8m.
Although this was well below the $23m pre-sale estimate, the £16.24m including premium paid was still a new world record for an F1, which also became the most valuable McLaren ever sold at auction. The previous record holder was a standard McLaren F1 sold for $15.6m (£12.81m) by Bonhams at their Quail Lodge sale, also during Monterey auction week, 18 August 2017.
The 1965 Ford GT40 Prototype Roadster that was influential in the development of Detroit’s first purpose-built prototype class race car, famously winning the Le Mans 24 Hours for four consecutive years, also entered stage left during the Friday evening performance. Estimated to sell for $7m-9m, chassis GT/108 duly achieved a $7.65m (£6,273,000) result.
The star of the final night’s performance however was a Ferrari Classiche-Certified 1962 250GT Short-Wheelbase with all numbers still matching. Chassis 3359 GT with Berlinetta coachwork by Scaglietti, one of only 40 steel-bodied SWB-FHCs built in the final production run during 1962, exhibiting therefore the desirable aesthetic distinctions of the late-production cars, achieved $8,145,000 (£6,678,900).
More modern Ferraris were also in high demand on a Saturday night in Monterey, with an exceptional cache of seven all-red, high performance, low mileage supercars from the Ming Collection bringing strong prices across the group. Red Leader One was a statistically rare 2006 vintage FXX in ‘time capsule’ condition, which raised eyebrows and a steroidal $3,525,000 (£2,890,500 with premium) to set a new world record for the model at auction.
In the fossil-fuel producing and consuming US, where Trump still occupies the driving seat, climate change driven Democrat politicians have yet to gain much negative traction in greening society and applying the brakes to consumption of traditional automobiles. And so, for the foreseeable time being at least, the message from the annual Californian sales is that, though $122.6m (£100.53m) less was spent during auction week this year than in 2018 and the average price paid per lot bought fell by a whopping $114,559 (£93,938), plenty of changes of ownership nonetheless took place in the largest playground for classic cars and bikes on the planet. RH-E
While 1980s Porsche 911s seduce bidders in Scotland, Black Maria Albion with serial killer provenance is nicked for £21,525
Both Type 930 Porsche 911s from Scottish ownership sold under the Morris Leslie hammer at Errol in Perthshire during a 4½ hour Saturday 17 August sale for 170 classics, which included the locally-bodied 1951 Albion FT521 that transported Scotland’s worst serial killer Peter Manuel on his final journey to the gallows at HM Prison Barlinnie 11 July 1958.
American-born Manuel, dubbed ‘The Beast of Birkenshaw’ by Fleet Street and who was convicted of murdering seven people across Lanarkshire 1956-1958, was the third-to-last person to be hanged in Scotland. Having provided the City of Glasgow Police with secure prisoner transport between Glasgow Sheriff Court and jail for eleven years until retirement in 1962, the ‘JGD 426’ registered Black Maria was auctioned ‘Without Reserve’ here until captured for £21,525.
The Porsche Reading supplied 1984 911 Turbo with recent stainless steel heat exchangers and fresh front discs meanwhile made a mid-estimate £60,375 including 5% premium, the lowest rate for buyers in the UK. Whilst a ‘wide body’ 1987 911 with 31 mainly Porsche OPC service stamps, the most recent from Porsche Perth in March warranting 108,834 total mileage, made the necessary £40,000, the lower estimate, costing the successful bidder £42,000 with premium.
Among 50 or so changes of ownership concluded under the gavel, a US-supplied in 1970 Jaguar E Type S2 4.2 Roadster, repatriated in 1989 when converted to right-hand drive before further work including triple SU carbs in 2008, had been guided at £50k+. But following nearly 10 years storage and only some re-commissioning, the once San Diego resident was bid to £43,000, which was accepted, costing the buyer £45,150 with premium.
By contrast, a cosmetically rough Austin Mini non-running mis-match with 1963 dated 850 front shell, DVLA recorded as a 1965 Cooper S, had been optimistically estimated at £5,000-7,000 as ‘a source of spares only’, but did indeed fetch £6,930.
Although most of those attending had travelled often driven long distances from within Scotland, bidders also contested lots remotely from as far afield as Italy, the United Arab Emirates and New York. By Monday morning, the sale total had risen to 62 cars plus a £2,544 Honda Goldwing 1100cc Trike, an £8,056 Royal Enfield 692cc Constellation and a £1,070 Jon Pertwee signed Dalek, though in the days and weeks following their classic fixtures the Scottish auctioneers reckon on selling many more unsold lots. As yet therefore, neither the final gross nor percentage sold stats can be calculated from what are still incomplete classic prices north of what free marketeers hope will forever remain an invisible border. RH-E
007 movie DB5 and DB5 Estate become world record breakers when driven across RM Sotheby’s stage in California
“Bond DB5 sells for record $6.4m” certainly headlined around the globally-warmed planet. Although the $5,385,000 (£5,235,700) premium-inclusive total paid by the winning bidder attending the first night of the annual RM Sotheby’s auction at Monterey 15 August, when six contestants slugged it out in the room and on the phone in a four and a half minute competition, was all the more extraordinary as Aston Martin DB5/2008/R was only ‘as seen in’ the Goldfinger movie and ‘never actually appeared on set’ in Thunderball.
For the most valuable DB5 ever sold at auction, though built specifically for Eon Productions and outfitted with a full complement of Q’s finest gadgetry, never saw any action with Sean Connery on the big screen, but was actually one of two promo cars employed by the production company to launch the next 007 movie.
Surplus to Eon requirements by 1969, when acquired as a pair of DB5s by the then Anthony (now Lord) Bamford, 2008/R was acquired by B H Atchley, owner of the Smokey Mountain Museum of Pigeon Forge, Tennessee, for $2,090,000 (£1,217,523) in the January 2006 RM Auction at Phoenix.
Subsequently fully restored in Switzerland by Roos Engineering, and with all Bond survival goodies functioning correctly, just as Q intended, the 007 promo-DB5 sold in California for 6.4% more than top estimate and £4,018,177 or 77% more than it did in Arizona 13 years ago, appreciating therefore by just under 6% per annum.
In 2019 to date, C.A.R. has tracked the auction performances of 9 other DB5s, 4 of which sold in Arizona, Norfolk, Sussex and Buckinghamshire, and 5 of which were unsold at Enstone, Brooklands, Stokenchurch, Goodwood and Silverstone. In January, a 1965 DB5 sold at Bonhams Scottsdale for $610,000 (£465,800) and a 1964 DB5 for £556,500 at ACA King’s Lynn. In April, a 1964 DB5 to Vantage-spec made £636,600 in the Bonhams tent at the Goodwood Members Meeting and in May another 1964 fetched a 2019 EU-leading £860,000 at the Bonhams AMOC Sale at Stokenchurch. The buying bidder of DB5/2008/R in the US therefore has paid £4.6m more for the Bond movie provenance and Q’s working goodies than the £684,367 average auction price for DB5s in the UK so far this year!
Another really high flier during RM Sotheby’s Thursday evening session on the Monterey peninsula was a three private owners from new in 1965 Aston Martin DB5 Shooting Brake, one of just 12 factory built cars, which had been forecast to make $1m-$1.4m, but which cost the buyer a record $1,765,000 (£1,447,300 with premium), making this the most valuable estate-bodied car of any marque sold at auction.
Stakeholders must surely be relieved that the most important week on the collector vehicle auction calendar had started with such spectacularly positive valuations. Stay tuned to this site for further and regular reality checks. RH-E
£62k Nissan Skyline GT-R headlines and Japanese Modern Classics nearly sell out in Midlands during largest CCA sale yet
All but one of a clutch of relatively modern Japanese classics sold out Saturday 3 August during the largest CCA sale yet at the Warwickshire Event Centre, where 181 cars came to market and there were buyers with nearly £1.9m for 107 of them. A 2000 vintage Nissan Skyline GT-R V-Spec with 40,000 mileage had been attractively guided at £30,000-40,000, but cost the winning bidder a suitably ‘Fast and Furious’ £62,715.
A second phase 2000 Honda NSX V6 manual with extensively serviced 33,055 mileage raised a more than estimated £53,280 and one of 1000 2003 Mazda RX7 Spirit R Type-A manual 2-seater with adjustable rear wing £41,625, again well over guide. A 2000 Mitsubishi Lancer Evo VI Tommi Makinen Edition in red fetched £27,750 and another in white £24,975, both way over their estimates. One of only 2,500 Paris-Dakar Pajero Evo 3.5 V-Tronics for homologation was rallied away for £9,102 and a two owner 1997 3000GT AWD AWS with 23,355 UK mileage looked well bought for £7,992.
Another UK supplied in 2001 Subaru Impreza P1 2-door made a more than estimate £22,755 and a 1999 Impreza WRX STI Type RA Version 5 4-door Japanese import £15,762, again more than forecast. A UK 2003 WRX STI 4-door that appeared to have been sympathetically refreshed cosmetically found £6,105 and a hill-climb spec, but not currently street-legal 1998 Subaru RX STI 2-door Japanese import was trailered away for £2,775.
Hot Hondas were cool, too, with £14,652 available for an ex-Japan 1997 Civic Type R, strong money, an estimated £8,880 paid for yet another Tokyo sourced 1990 CRX V-Tec S1 R and a more than forecast £12,432 for a 2000 Integra Type R DC2 Japanese import in trad white. A solitary Toyota Supra Twin Turbo from 1997, also in white, but with many front panels looking brand new for 64,472 mileage, did not achieve the £30,000 sought though.
Several low mileage cars did turn heads here, led by a 1972 Rover 3.5 Coupe with 20,403 warranted mileage and original interior. Well preserved by long term storage, but freshly recommissioned, and estimated at £25,000-30,000, the P5B was keenly contested until the tireless Jonathan Humbert’s gavel crashed down at £35,500. One of the finest examples seen on the auction circuit cost the new owner £39,405 including 11% premium.
An only 6,716 miles since 1981 DeLorean DMC-12 Gullwing with desirable 5-speed manual box flapped away for £24,250, the required money. A Peugeot 308 GTI 1.8 meanwhile, obviously carefully driven 15,200 miles from new in 1990 by one owner, deservedly made a more than forecast £12,432, whereas a ‘No Reserve’ Mexican-built in 2004 VW Beetle lefty with 435 miles indicated was acquired for a below estimate £11,100. The all black Wood and Picket upgraded 1977 Mini 1000 MkIV AP auto gifted by Bob Willis to his wife Cilla Black had been only recently restored and deserved its £20,535.
Although 74 cars had to be returned to their vendors unsold, many Jaguar E Types, XJS and XK8 among them, after some post-sales had been successfully concluded, the overall sale rate rose to 59% with 6 out of every 10 classics auctioned selling therefore for a far from depressing average of £17,569 with premium in a changing market. RH-E
Both Gullwing Mercedes-Benz flew away to new owners during 61% sold £6.05m sales over Silverstone Classic weekend
The star car in the Silverstone Auctions Saturday 27 July session, the 1954 300SL Gullwing that was owned by Team Lotus F1 Manager Peter Warr in 1989 had been pre-sale estimated at £850,000-1,000,000. But the bidding peaked at an applauded £740,000, enough for a delighted vendor in the saleroom, and the new owner gave what is still the most iconic Merc model a premium-inclusive £832,500 valuation. The same bidder, who was away on holiday, went on to also buy a 2010 vintage SLS AMG Gullwing homage that had been driven only 690 miles from new for £203,625, more than forecast, to complete his impressive pair of German birds.
The once 1071-engined Mini Cooper S Mk1 driven by the late Barrie ‘Whizzo’ Williams to victory on the 1964 International Welsh Rally, the first of many international wins for the model, sold for a within estimate £65,250. Even with such significant provenance, this was strong money for a re-shelled Rally Mini that had been retrospectively upgraded to 1275+ spec with later safety equipment. Barrie’s previously restored 1972 Lancia Fulvia HF 1600 was still mint and warranted the £39,375 paid by the next owner.
With all 17 cars being offered at No Reserve, ‘The Property of a Gentleman’ section proved popular with bidders, who paid a more than forecast £52,313 for a 1972 Mercedes 280SE W108 3.5 Saloon and a top estimate £69,609 for a repatriated 1965 Ford Cortina Lotus Mk1 A-frame car from earlier residencies in California and New Zealand. £99,000 was paid for a 1991 Ferrari Testarossa, £70,875 for a 1974 BMW 2002 Turbo and £63,563 for a 1994 Lancia Delta HF Integrale ‘Bianco Perlato’. A Top Gear and Fifth Gear exposed 1973 Citroen DS Super 5, which had featured in at least 150 mag features and could still win concours tomorrow, was transacted here for £61,875.
A 16,500 miles since 2006 McLaren-Mercedes SLR realised a more than guide £187,875 and a less than forecast £160,000 was accepted for one of only 19 manual Jaguar E Type S3 V12 Commemorative Editions of the final 50 produced in 1974. A 87,000k 1985 Renault Turbo 2 Evo made the necessary £81,000 and the required £51,750 was also forthcoming for a 1983 Talbot Sunbeam Lotus S2 with only 7998 mileage.
The £200,000 or more sought for a very shabby 1985 MG Metro 6R4 Group B ‘original’, run for only 7 miles on stands, could not be achieved and the sale of the ex-Sir John Whitmore 1965 European Touring Car Championship winning Lotus Cortina Mk1 was abandoned with an insufficient £170,000 bid on trading screens. These and other no-sales confirmed that, statistically, competition cars continue to be the most sluggish category in the collector vehicle sector. Although after being acquired 27 years ago from the Bathhurst Museum, the 1988 Rouse Ford Sierra RS500 Cosworth Group A track-only racer did change hands at Silverstone the next day in a £170,000 post-sale.
Also headlining during the Sunday 28 July session were a right-hand drive and only 78 miles from new in 2018 Ferrari California T 70th Anniversary sold for £270,000, while the 1970 Aston Martin Press Road Test DBS V8 manual consigned by actor Steve Coogan made £151,875. Among other noteworthy movers, an exclusive to the Japanese market 1999 Honda NSX Type S 3.2 manual was successfully shifted for £81,000, a 1995 Ford Escort Cosworth Motorsport ‘Big Turbo’ driven 2,500 miles by two owners for £68,063 and an unregistered 1978 VW Beetle Last Edition with 78 miles on the clock for £39,338.
Although vendors reserves for 47 cars were not met by bidders, signing up 20 cars ‘Without Reserve’ certainly helped the Silverstone Auctions stats. For including post-sales, 75 or 61% of the 122 cars in The Wing sold for a not inconsiderable £6,045,280 including premium, amounting to consumers spending an impressively bullish average of £80,604 per classic. RH-E
Vicarage 1959 Jag Mk2 3.4 manual o/d on wires fetched £33k to headline in 93% sold SWVA ‘Drive Through’ in Dorset
Vendor family owned since 1968, and bodily and mechanically rebuilt by the celebrated Wolverhampton transformers 2007/8 at an invoiced cost of £66,489.82p, the Jag had been driven from South Wales to auction 26 July, when, unsurprisingly, the £17,000-18,000 pre-sale estimated lot was the most viewed lot in the preview park.
Being on the damage alert register in February 1989 did not seem to impede a 1976 Aston Martin V8 auto from realising £38,340, but then gilt-edged bills from AML and Chris Shenton for more were on file. While a double estimate £33,480 was forthcoming for a Black Edition SL55 AMG with 550bhp complement of Brabus upgrades contributing to the potential for zero to 60 in 4.1 seconds and 206 mph top speed.
Converted from left to right-hand drive during a three year, photo-recorded restoration costing £21,232.65p, a 1958 Austin-Healey 100/6 went for £32,440, £2400 more than forecast, despite being thickly repainted. A 2001 Aston Martin DB7 Vantage auto with 62,000 warranted mileage also found a more than top estimate £23,760, and the same money was accepted for a previously resprayed and re-trimmed 1979 Porsche 911 SC Targa. After more than 40 years of vendor ownership, a 1959 MGA 1600 Roadster restored by Mike Rolls 2013/14 changed hands for £22,950 and £18,360 was available for a previously revived 1954 Triumph TR3 that was ripe for some more TLC.
Among transacted cars that caught your reviewer’s eye was a well presented 1999 Maserati Ghibli 2.8 that had been diligently serviced during 45,297 warranted mileage before changing keepers here for £14,580, double the pre-sale estimate. A Mini World Mag featured 1991 Rover Mini Neon Edition with 8668 mileage since a £20k upgrade that had included a 1380cc A+ motor made £12,960, deservedly £4500 above estimate. Another Archer Garage restored 1960 Austin-Healey Frogeye authentically replicating a Sebring Sprite appeared to have been a cracking buy for the £12,312 paid.
Even before any post-auction deals had been done, and boosted by 26 or 32% of entries consigned 'Without Reserves', the West Country vehicle auctioneers ‘live’ sale rate was a market stimulating 93% with only 6 cars unsold under the hammer. For on a Friday morning just outside Poole, long before the 10.45am start, another large crowd had turned out to witness 75 of the 81 lots sell in less than two hours for £620,179, a pre-'Deal or No Deal Brexit' average of £8269 including 8% buyer’s premium spent per car. RH-E
TR4 cop car is captured for nearly £34k in Derbyshire, where 31% of 108 sellers were also auctioned ‘Without Reserve’
One of 33 No Reserve cars in this H&H sale, and much viewed, the Triumph TR4 that had joined the Southend-on-Sea Constabulary in 1962 as a ‘fast pursuit vehicle’ and been restored by Revington TR fetched £33,750 in the Pavilion Gardens, Buxton, where 67% of the 157 lots auctioned 24 July fetched £1,302,344 including premium. On a sweltering Wednesday afternoon in the Peak District, the average spent per auction classic amounted to £12,059 plus ice cream.
The top sellers in the hall were a £84,375 1971 Jaguar E Type S3 V12 Roadster, left to right converted during back to bare metal resto following 28 years hibernation, and another 1973 E Type S3 V12 Roadster sold for £69,750. A 1985 Porsche 911 Carrera Supersport 3.2 with 55,000 warranted mileage made £59,625 and a 1956 Jaguar XK140 Fixed Head to SE-spec with C Type enginet £39,375, all virtually achieving their guide prices with premium. For while 31% changed hands for within estimate band prices and 15% made more than their estimates, below estimate bids were accepted by the vendors of 23% of cars sold.
A Laguna Seca raced, though right-hand drive 1957 Morgan Plus 4 with aero-screens and high-rise roll-over bar had been estimated at £18,000-22,000, but cost the next owner-driver £22,781. Number 4 of 40 40th Anniversary Edition 1989 Lotus Esprit Turbos had been guided at £10,000-12,000, but sold for £15,975. Whilst a 90 year old vendor owned from new Jaguar Mk2 2.4 auto that had been driven 78,129 miles since being in the window of Jaguar Piccadilly in 1965, and had been forecast to fetch £8,000-12,000, raised £14,288.
After many provisional bids had been converted into definite changes ownership, 108 classics were successfully rehomed and the sale rate was 69%, though 33 cars, 31% of the total, were unsold. RH-E
Restored TR3As fetch £32k and £27.5k in Dorset, where 1996 VW makes nearly £23k during 42% sold afternoon
For many market watchers, I suspect, the most educational valuation in the Charterhouse auction tent in the grounds of Sherborne Castle during 21 July Classic and Supercar Show Sunday was the £22,880 paid for a one family owned since 1996 Volkswagen Corrado VR6 manual. The model had previously zoomed below my radar without trace, although the sale car, originally supplied by the Leek VW dealer for £1000 over list, was reportedly the last British registered VR6.
There were buyers, too, for two out three 1961 Triumph TR3As with £32,190 for a concours winner that took 3000 man-hours to rebuild over 4 years and £27,500 for a £43,000 restored example. The £11,550 required was available for a Charles Ware revived 1965 Morris Minor 1000 Tourer on twin SU carbs with servo-assisted brakes and upgraded interior by Piper Trimmers. While a below guide £10,878 was accepted for a 1997 Lotus Elise S1 with 1.8 Rover K Series in the tail that had allegedly resided in a dehumidified garage and never been on track during 62,500 mileage.
A 1933 Austin 7 Box Saloon had worn well after an Austineers of Bradford-on-Avon restoration ten years and made a better than forecast £9,102 on a Sunday afternoon under canvas in Dorset. While the mortal remains of the Rolls-Royce Wraith 25/30 Park Ward Saloon originally ordered by aviation pioneer Sir Fred Handley-Page in 1939 were transported away for £8,325, again more than had been estimated.
After 11 lots had been hammered under the hammer and another 11 had sold immediately afterwards, 42% of the 53 cars displayed in an around the tent sold for £232,239 with premium, an average of £10,536 paid per classic. On the day, in the tent and on-line tough, the stark reality was that 31 of the vendor reserves were apparently too high for those in the market to buy. RH-E
1957 Austin-Healey 100/6 scores £52,250 result in West Country to top recent prices on provincial auction circuit
Four pages of illustrated small print in the DVCA 11 July auction catalogue for their latest Henstridge Airfield sale were not wasted on the locally sourced 1957 Austin-Healey 100/6, the restoration and upgrading of which had been most fully chronicled. Both vendor and buyer, who paid a within estimate band £52,250 with premium, lived only a few miles apart. First supplied to Bovril Limited of Old Bond Street for The Lord Luke in 1953, a Bentley R Type was acquired by the fourth owner for £32,000 here.
A 1971 Triumph Stag manual with overdrive and hardtop, that last changed hands 19 years ago and had been stored for the last 5 years, made £10,670, but did require full recommissioning. A telephone bidder beat off a challenger in the tent to win the keys of a £5,000-7,000 estimated 1937 Packard Super Eight Touring Limo that had appeared on set in ‘The Mummy Returns’ and ‘Churchill’s Last Stand’, but had to pay £7,840 to do so. Having been driven 58,000 miles by only two owners since new in 1940, an Armstrong-Siddeley 16hp with engine reportedly turning after long-term storage was taken on for £5,940, double the top estimate.
Although the £145,120 gross total for the afternoon and the £12,093 average paid per 12 auction cars sold in Somerset were impressive enough stats, on the day and in the tent, but not yet on-line, the reserves for 21 unsold classics were not met by those who were prepared to bid in what has become a much more selective playground. RH-E
Scuffed DB9 Volante without docs was front runner at Sandown, where 39 classics changed hands, but 45% did not
The going was statistically soft for Barons 16 July at Sandown Park during the ‘live’ auction, though after 12 provisionally logged bids had been converted into sales, new jockeys for 55% of the 71 runners paid £265,300 including premium for their 39 new steeds.
The most bid lot was a scraped and scratched, but running 2005 Aston Martin DB9 Volante with grubby hood and valid MOT that had been recovered from central London storage and which sold for £26,620, double the lower estimate. The oldest and largest classic displayed in the Surrey racecourse grandstand foyer, a 1930 Nash Ambassador Eight Sedan, restored in the US in the last century, made the required £26,400. There were also buyers with £21,450 for a 70,000m 2003 Bentley Continental GT and £19,800 for a post-sold 1962 S2 with previously refurbished bodywork and interior.
A more than top estimate £16,940 was handed over for a repainted 1970 Rover 3.5 P5B with Webasto sunroof and a Mercedes-Benz C43 AMG Estate, which originally cost £48,646 in 1998, sold for £6,050, also £2000 more than had been forecast. The quirkiest curio in the catalogue, a 58 year vendor owned 1961 Morris Mini Van project with side windows, Australian market wind-up window doors and one-piece lift-up rear door in grp was taken on for £3,750. There were no takers however for 32 cars, 45% of the total. RH-E
DB4 S3 Aston fails to find £370k+ and Ferrari 550 £250k at Brooklands, where Porsche Leeds rebuilt £92k 911 Turbo tops £2.24m 64% sold day
The Porsche GB restoration award winning 1981 911 Type 930 3.3 Turbo, almost certainly better than new when completed in 2014, since when it had only done 1000 mildly patinating miles, achieved a within forecast £91,840 with Historics premium. The highest priced Ferrari was a 1990 348TB, one of 130 supplied in RHD to the UK, which exceeded top estimate to sell for £57,120.
Top selling Mercedes-Benz meanwhile was a rare in RHD 1958 220S Cabriolet in manual with recent paint and trim sold for £73,580, also bettering its guide price band. A lightly refurbished 1968 280SL left-hooker Pagoda-top with hood also made a more than top estimate £56,000. The highest priced Aston Martin was a £28,000-34,000 1975 V8 S3, described as a ‘rolling restoration’, which was taken on for £40,320. A 1991 Virage with valid MOT provided far more instant gratification for £24,338.
Jaguar prices were headed by a one California owner from new in 1968 until registered in the UK in 2018 E Type S1 4.2 Fixed Head lefty at £44,800, the lower estimate with premium, and a much upgraded 1957 Mk1 Saloon with 4.2 motor, Mk2 manual box with overdrive, power-steering and Coopercraft brakes overtook its £28,000-33,000 estimate to raise £38,360.
A within guide £72,240 was accepted for a relatively modern MP4-12C supercar from 2012 with full McLaren dealer service history and a previously restored 1972 Bristol 411 with the larger Chrysler 6.3 V8 cost the next owner £39,760, forecast money. While the going rate for a 1992 Peugeot 205GTI 1.9 on a Saturday afternoon in Surrey was £17,360, though the 130bhp pocket rocket had been driven flat out by The Stig on ye olde Top Gear.
One of just two Cobra 212 Supercharged Roadsters, AC’s press car in 2002, when driven by Jeremy Clarkson, Damon Hill and Mark Blundell, was given a £84,560 valuation by the next owner at Brooklands. The rarest headliner displayed in a larger, lighter and airier auction tent in the Museum car park than in previous years though was a 1959 Bocar, the 'Bo Car' coming from creator Bob Carnes. The Colorado-constructed, space-framed XP-5, a visual cross between a Maserati and a Devin road racer with twin headrests, packed a 283ci Chevvy V8 and realised £79,240, close to its lower estimate with premium. A Chevrolet-manufactured 1962 Corvette C1 327ci with hardtop meanwhile made the necessary £59,360.
One of only three, rather awkward looking Healey Sportsmobiles to survive from the circa 23 built by Donald Healey pre-1950 fetched a forecast £17,920 and when did any of you last see a 1970 Vauxhall Cresta, a barn-found 3.3 Powerglide PC, the last of the Sales Manager issue series, which was trailered away for £2128. A 1961 Ford Anglia 105E, that had also been asleep for many years, may also be revived having been bought for £1698.
By the time punters had exited what was once the pre-war Silverstone for the right motor sports crowd with no crowding and had survived another sentence in the M25 car park, and after only some of the post-sale deals had been done, 111 of the 173 cars in the still glossy catalogue had changed hands for £2,241,966 including premium, an impressive average of £20,198 spent per classic.
Historics sale stats were certainly helped however by 45 lots being consigned ‘Without Reserve’, which has to trend for vendors prepared to commit their classics to one-way journeys. Although when I shut down the much travelled laptop for the British GP, 62 cars auctioned were still available. RH-E
Pre-war Vauxhall 30-98 sold for £185,000 in Herefordshire, where buyers spent £1.72m on 123 of 170 cars auctioned at 72% sold mid-week sale
One of the earlier OE models with low radiator and low-set headlamps, the 1923-made Vauxhall OE50’s open four-seater body had been changed to Mulliner coachwork for two in circa 1934 and a replacement OD crankcase fitted during continuously charted history. Including 10% buyer’s premium, the £185,000 valuation by the new owner just cleared the lower estimate forecast in Brightwells HQ.
It was surely noteworthy that all of the higher value cars sold at Leominster. For although a front of house parked 1961 Jaguar XK150S 3.4 FHC with only 19,578 mileage ran out of bids at £75,000 'live', £35,000 short of its lower estimate, £107,500 was enough to buy it in an aftersale. A Guy Broad maintained 1959 XK150SE 3.4 DHC meanwhile, upgraded with Getrag 5-speed box and XJ6 front disc brakes, made a more than top estimate £71,500 under the hammer.
A nicely patinated John Chatham maintained 1966 Austin-Healey 3000 Mk3 on 6ins (too?) wide wires in front of the rostrum also sold for a just over top estimate £60,500. After 29 years residency in the US, the BJ8 Phase 2 had been repatriated and converted from left to right-hand drive during a nine year rebuild completed in 2004. From even earlier in the 1960s, one of the 52 known survivors of the 175 hand-made Bristol 406s cost a successful bidder £41,250, again just over guide, and £47,850 was accepted afterwards for a rare 1950 vintage Land Rover Series 1 Station Wagon by Tickford with dents and taped-up seats.
By far the oldest course on a menu for all budgets, and much viewed by diners, was a very exposed twin-armchair 17hp automobile made by the Maudslay Motor Company in 1909. With more user-friendly retro-fit dynostart and electric conversion to acetylene lamps, the VSCC Prescott and Curborough exercised artefact had been estimated at £35,000-45,000, but raised a thumping 3.3-litre ‘four’ £59,400. A 1928 Morgan Aero 3-Wheeler powered by water-cooled Anzani v-twin raised a forecast £23,000 for a deceased estate.
Even in the face of an Extinction Rebellion that threatens to stamp out all traces of a fossil-fuelled past, there were still buyers with a more than top estimate £52,800 for a 1938 Packard Super Eight Coupe-Roadster in right-hand drive once owned by Scottish entertainer Andy Stewart and a close to estimate £29,150 for a rather brightly turned out 1935 Railton Straight Eight Sports-Cabriolet.
A UK market 1968 Jaguar E Type Series 1.5 Coupe rust-munched project, albeit with numbers still matching, that had been disassembled some 35 years ago, was bravely taken on here for £11,660. Especially so, when you consider that £11,550 would have bought you a one family owned from new in 1964, so early ‘pull handle’ MGB Roadster with Oselli engine that had been last been restored in 1978 and was ready for the next far more instant makeover.
An interesting and well attended stand-alone sale, this, during which a more affordable average of £14,012 was spent per car and there were at least plenty of transactions at all price levels to stimulate a real world market. RH-E
Mansell ‘Red Five’ Williams-Renault makes £2.7m in close to £11m sale at Goodwood, where 53% of cars sell, 31 within or more than estimate
A world record auction price for a Williams F1 was set in the Bonhams sale tent during the Friday afternoon of Goodwood Festival of Speed weekend. The Adrian Newey designed, Renault TS3 3.5 V10 powered FW14B chassis 08 - Nigel Mansell’s legendary ‘Red Five’, driven by the 1992 World Champion to victory in the first five races of the season, all starting from pole - excited a three-way international bidding battle eventually won by a major UK collector in the seats, who paid an applauded £2,703,000 with premium.
The New York Motor Show and Geneva Salon exhibited 2013 McLaren P1 XP, bid to £1.1m, sold during the sale and a 1958 Merc 300SL Roadster changed hands in a £600,000 post-sale. A 2001 Lister Storm GT1 Race Prototype on a plinth made a within guide £465,701 and a right-hand drive 1998 Jaguar XJ220 with 9346 mileage a much more reassuring £414,000 than the last two auctioned.
A 2011 Land Rover Defender SVX ‘Spectre’ Double-Cab, the only Landy to have been employed as an extra in two consecutive Bond movies, Skyfall and Spectre, made a block bustering £316,250 and a more than top estimate £255,875 was forthcoming for a 1933 MG J4 Midget with much period race history. Much viewed by grown men of a certain age meanwhile was the ex-BMC Team 1964 Austin-Healey 3000 Mk3 BJ8 ‘BMO 93B’, which had been show-standard restored and which rallied to a within guide £230,000 result.
After 6 post-sales had been concluded, 44 or 53% of the 83 cars in the weighty catalogue had transacted for £10,218,533, an average of £232,239 spent per auction car. Including £536,087 worth of automobilia, the overall sale total for the day amounted to £10.75m including premium – and, while 7 or 16% of cars sold fetched more their pre-sale estimates, 24 or 55% of cars did sell for within the guide price bands forecast and only 13 or 30% went for less than had been estimated. The reserves of 39 cars, 47% of the total for sale, were too high however for those of a nervous disposition who were prepared to catch the auctioneer’s eye.
By far the most thought provoking performance of all for petrolheads at this year’s Festival of Speed, I would suggest, was the electrifying 39.9 seconds taken to storm the 1.86k Goodwood House drive in relative silence during the Sunday Shoot Out by the Romain Dumas piloted VW ID.R 500kw (680 PS) Coupe, who beat the previous F1 McLaren-Mercedes record holder with deafening combustion engine by 1.7 seconds! RH-E
Gordini sold for 690,000 euros (£618,619), only just below estimate, to head Bonhams 2.94m euros (£2.64m) 59% sold sale at Chantilly
The now Type 15S Barchetta chassis 018 actually started life as Type 11 chassis 04 GC, one of five 1946/7-built T11 single-seaters raced by Gordini GP Team drivers Fangio, Wimille, Behra and Prince Bira. The monoposto was then transformed by Gordini himself into the current two-seater sports racer for the 1953 Le Mans.
One of only two such four-cylinder 15S remaining was treated to full restoration in Italy in 2005 funded by Renault F1 supremo Jean Sage before competing in the Mille Miglia Retro and Le Mans Classic. In the grounds of the French Chateau during chic Concours weekend, the winning European bidder was applauded for securing ownership of an historic French automobile which will remain in France.
An Aston Martin DB2/4 Mk1 2.6 Fixed Head supplied new in 1953 to a Belgian Baron was driven past the rostrum to make 207,100 euros (£185,583), forecast money, and a 1932 Invicta 12/45, originally for two, now for four, with uprated 4 1/2-Litre Meadows motor, raised 276,000 euros (£247,447), just under guide. One of the first Henri Chapron crafted Citroen DS Decapotable DS19 from 1962 with the more desirable 'ashy tray' wings found a forecast 178,250 euros (£159,810). While a recently restored 1965 VW Type 2 T1 21-Window Samba Microbus pulled 103,500 euros (92,762) and the 1965 Turin Show Fiat 500 Elegance Beach Car by Carrozzeria Cavio made a sunny 85,100 euros (£76,296).
Although 22 cars sold however, and the average spent was £120,139 per classic, 15 did not in what statistically remains a cautious EU mainland market for classics at all prices. RH-E
Even with further post-sales in the pipeline, ACA had sold 79% of the 202 cars on offer at their latest ‘Drive Through’ in sunny King’s Lynn
The double top estimate £24,380 valuation for a 2013 restored and still cosmetically sharp 1975 Alfa Romeo 2.0 Spider was a standout performance. A former Californian resident 1966 VW ‘Barn Door’ Camper with Pop-Top also exceeded estimate at £22,684 as did a freshly registered, 2015 imported and restored 1973 Datsun 240Z lefty sold for £17,596.
Although a more than forecast £16,748 was needed to land a 1987 Mercedes-Benz 190E 2.3 16v Cosworth with wing from more than three years storage, Saturday's prices were headed by a 1970 Porsche 911T for improvement that had been rallied in Northern Ireland, but unused since last MOTd in 2013, which fetched a forecast £45,500. £40,280, top estimate money, was bid for a once lhd 1965 Austin-Healey 3000 Mk3 with Denis Welch upgraded engine and gearbox.
A 1968 Triumph Vitesse 2-Litre Mk1 Convertible out-performed its estimate to sell for £11,342, a 1980 R-R Silver Shadow II from long-term ownership changed hands for £8692 and a 53,000 miles since 1967 MG1100 for £8586, both better than expected. A confident £36,040 meanwhile was invested in the future of a nearly 50 years stored 1960 Jaguar XK150 3.4 Drophead for restoration that was last taxed in 1974
This was a most reassuring afternoon for stakeholders in more affordable classics, when 1200 catalogues sold out even before 159 vehicles were hammered away for £1,200,418 including premium and an average of £7550 had been spent per car. RH-E
Bonhams newly launched MPH satellite will consign classics on-line and physically auction them in 'Drive Through' sales at Bicester Heritage
For the international auction house, their on-site MPH subsidiary at the former WW2 airfield not only provides them with a dedicated and more accessible entry platform into the growing young-timer and more affordable classics sector, but also marks a return to holding regular sales in Oxfordshire, which Bonhams used to do at Kidlington.
Operating as a distinct entity within the Bonhams brand and headed by Rob Hubbard, who relocates from New Bond Street, MPH will stage four ‘Drive-Throughs’ per year at Bicester, the first Thursday 26 September, another 26 November. MPH is the 41st collector vehicle enterprise to set up shop at the expanding motoring hub which is located within 90 minutes of 50% of the population.
Consigning classics will be on-line via the new MPH portal, a first for Bonhams. Sellers have a choice of three packages from £125+VAT for on-line catalogue description and half page entry in the traditional printed edition, which will be retained. Vendors pay 5% commission, successful bidders in the hangar 12.5% premium with no extra charge if buying on-line. RH-E
65 year old Ferrari 500 Mondial makes £3.2m and 1957 Porsche 550A £2.9m during £17.5m evening beside Lake Como where only 57% of cars sell
The 1954 Ferrari 500 Mondial Spider, period-raced, restored, Classiche certified, sold for a results topping 3,713,500 euros (£3,159,875 including premium, albeit £473,925 below estimate). The 1957 Porsche 550A Wendler Spyder, driven past the RM Sotheby’s grandstand with the driver sheltering from a shower under an umbrella, made 3,380,000 euros (£2,873,000, just under guide price).
Although a 1965 Aston Martin SWB-Volante with hardtop did make 1,805,000 euros (£1,534,250, £271,450 more than forecast) and a 2010 Porsche 911 Sport Classic sold for 320,000 euros (£272,000), these were the only lots to exceed pre-sale estimates. For while nineteen achieved their guides, below estimate prices were accepted by vendors of both speedboats and eight cars, including a 2019 Aston Martin Vanquish Zagato Shooting Brake sold for 511,250 euros (£434,563), well below cost.
Twenty-three classics did not sell at Villa Erba however, 43% of the total, among them a 2015 P1 with 194 mileage which failed to realise a less than retail 1,100,000 (£890,000). RH-E
Aston Martin DB5 and DB4 Convertible exceed top estimates in Bonhams auction tent during AMOC weekend at the Wormsley Estate in Bucks
A 1964 DB5 Fixed Head upon which £204,500 had been lavished since 2016 was applauded when sold for £860,600, £180,600 more than top estimate. Previously restored and Works Service maintained, a 1963 DB4 Series V Convertible also cleared its guide price by £60,200 to sell for an equally bullish £810,200 during a £3m Sunday afternoon. Although 20 Astons failed to sell.
Beside the remains of the Brooklands circuit the day before, Aston Martins also topped the Historics prices in the multi-storey Mercedes World showrooms, where a within guide £608,300 was available for a 1968 DB6 Volante auto in receipt of an 8 year restoration and the required £390,500 was bid for a 1960 DB4 Series 2.
There are still buyers in play who were prepared to part with over £4.3m for 118 cars, 73% of those in the catalogue, including £209,000 for a 99% complete Ferrari Dino 246GT in bits. Great enthusiasm is alive and well. RHE
AC Greyhound was leader of the pack at Brightwells, who re-homed all but one of their headliners during a £1.25m 72% sold afternoon.
One of only six fitted with AC’s own 2-litre 6-cylinder engine, the 1962 GT for four with all numbers still matching streaked to a £82,500 result, £32,500 more than the top estimate. The Motor mag road-tested, TR2 engined Swallow Doretti that left the Walsall Airport works in 1954 meanwhile also flew well, making a mid-estimate £60,500.
There were buyers for both locally produced Morgan Plus 8s in the sale with the required £31,350 for a Sprintex blown, sub-13,000 mile 1990 car and £30,800 for a 1997 3.9i on wires driven 39,000 miles by one driver.
Of the 123 cars sold before many more of the provisional bids had been converted into post-sales, 30% were auctioned ‘Without Reserve’, so they were going to sell anyway. Guide prices were achieved for 31% of cars sold, while vendors were prepared to accept below estimate money for 23% and, surprisingly and encouragingly, 16% exceeded their top estimates. RHE
Both Jaguar XK220 super cats in the Silverstone Auctions sale at Heythrop Park purred into new ownership.
A Malaysia sourced right-hand drive car that had only done 700 miles since 1995 was bought by a UK collector for a within guide £337,500 with premium, while a Jaguar Classic Works refreshed 1997 lefty with 20,800k displayed headed to France for £303,750, only just clearing the lower estimate.
During a £2.04m Saturday afternoon in Oxfordshire, the £69,750 invested in the future of a stalled 1964 E Type S1 3.8 OTS restoration project was an extraordinary vote of confidence in an uncertain future. RHE