[ octane ]
SEARCH  
   
 

News: Market News

 

Silverstone Auctions, Race Retro sale report

A number of top competition cars failed to sell at this year's Race Retro sale, leading to a 55% sale rate

Silverstone Auctions, Race Retro sale report

This was not, as happened at another car-show auction recently, a Porsche day. In spite of lining up a super selection of 911s, almost in chronological order, Silverstone managed to shift only the road cars; the much-admired SWB 1968 911L, now on Webers, at £34,000 and an average ’84 3.2 Carrera Targa on later wheels at £14,513; but the two Tuthill-prepared rally cars plus a 964 Carrera 2 track day/racer remained unsold.

Confirming that competition cars are hard work at auction the star lot, the Lola T70 MkIIIB failed to sell at £530k, though the 1953 Connaught A-type GP racer ‘AL10’ apparently did for £175k on the phone (£193,500 including premium), well under lower estimate, though a Cooper Bristol passed, needing £140k to buy it. A rebuilt Sierra Cossie Group N rally car once driven by Gwyndaf Evans and Bertie Fisher was £40,050, and just right for the new RAC Rally Championship that caters for 2wd cars made up to the end of 1986.

Of the three competition-prepared Lotus Elans, only the cheapest sold at £19,350 on the phone, leaving the real 26R racer unsold against a desired tag of £120k and the shiny wannabe available for half that but unsold with no real bids. A road-spec Escort Mexico with ‘all the bits’ was £26,888, while a real RS1600, completely correct and restrained apart from its works forest arches, could not attract more than £27,000, though a Ford Falcon that company boss Nick Whale had raced sold for much less that its build cost at £63,700.

A 1972 Morgan 4/4 Sports looked a great deal at £23,625 even though its original BDA had been replaced by an almost period-correct Fiat twin-cam. A one-family-owned 1967 Aston Martin DB6 sold for £119,800, perfectly usable but reflecting the amount of work likely lurking under the shiny skin, and a restored and upgraded 1960 Jaguar Mk2 3.8, built from an unused shell and now with modern auto and air conditioning, was battled up to a £62,500 winning bid in the room (£69,750 all in) by auctioneer Jonathan Humbert after an insufficient £40k opener.

That was less than half it cost three years ago. Also looking a great buy at £16,650 was a Mk2 Mini Cooper S expensively restored and built into a rally car, much less than it must have cost to create - though it might have been worth more in its original guise as a police car judging by Silverstone’s recent form on these. A BMW E9 coupe restored as a CSL lookalike and fitted with an E34 3.8-litre M5 engine looked attractive as it couldn’t be replicated for the £21,375 that secured it by telephone, and by contrast a standard example did not sell for £15,200. A rare Lancia Appia Zagato looked the right money at £62,000, a 1968 Fiat 500 was £7313 on the internet and a Frogeye Sprite £9450.

A real Routemaster sold for £20,250 to a phone bidder and though the Only Fools and Horses Capri went unsold last month, an ‘All-white’ Mk1 VW Golf cabrio bought by principal actor David Jason for his partner bid up to a strong £10,125. At its last sale Silverstone sold a more-than-concours S1 Land Rover for £25k and here managed to top that for a less shiny 1952 80in at an astonishing £32,850, even though it was fitted with a later engine.

So, plenty of sales in the mid range but no interest in the top competition cars – slightly ironic at this auction held at a racing car show – leading to a 55% sale rate.

Bookmark this post with:

 

0 Comment

Be the first to comment on this article

You need to register to post comments. Existing members can log in below to comment, otherwise click here to join.



 
  More NEWS
 

General News

 

Motor Sport News

 

Market News

 

New Car News

 

Event News

 

 

   
 
 

SPONSORED LINKS

EMAIL TO A FRIEND   PRINT THIS
 
Silverstone Auctions, Race Retro sale report
  Silverstone Auctions, Race Retro sale report
Silverstone Auctions, Race Retro sale report
  Silverstone Auctions, Race Retro sale report
Silverstone Auctions, Race Retro sale report
  Silverstone Auctions, Race Retro sale report
Silverstone Auctions, Race Retro sale report
  Silverstone Auctions, Race Retro sale report
Silverstone Auctions, Race Retro sale report
  Silverstone Auctions, Race Retro sale report
Silverstone Auctions, Race Retro sale report
  Silverstone Auctions, Race Retro sale report
Silverstone Auctions, Race Retro sale report
  Silverstone Auctions, Race Retro sale report
 
 
 

SPONSORED LINKS

Two ways to read Octane