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Coys ‘True Greats’ December 2014: Preview

Coys ‘True Greats’ December 2014: Preview Classic and Performance Car

Niki Lauda's first F1 car, and a significant Porsce racer to go under the hammer at Coys' 'True Greats' auction on 2 December 

Coys’ annual ‘True Greats’ Christmas auction takes place on 2 December at the usual location, the Royal Horticultural Halls in London. More than 70 cars are set to go under the hammer – headlined by Niki Lauda’s first ever F1 car, the March 711.

Originally built in 1971 for Ronnie Peterson, it was passed down to Lauda for his career-making debut F1 race at the Austrian Grand Prix in the same year. Peterson used the March for the first half of the season, making up a significant amount of his points for a second place position in the Championship. Having been privately owned and raced by the same owner since 1973, it’s estimated to sell for £450,000 to £500,000.

Next up is a 1964 Works Prototype Porsche 904/6 Carrera GTP, one of the most significant Porsche racers of all time. It’s also one of the most successful Porsche competition cars ever built, and even took part in the 1965 Targa Florio road race. A comprehensive file from the vendor contains documentation from Porsche that confirms the prototype racer’s history. Pre-sale estimates put the car at £1,100,000 to £1,300,000.

Other high value consignments include a 1964 Ferrari 275 GTB/2, with the hugely desirable six-carburettor setup (£1,100,000-£1,400,000), and a 1955 Mercedes-Benz 300SL Gullwing with its original engine (£950,000-£1,100,000).

One to watch: Despite still being among the cheapest Porsches on the market, the 924 is a huge amount of fun, and is often a good starter classic. Coys has managed to secure a 1987 924 S, which has covered a mere 6606 miles from new. The overall condition reflects this, and it’s describes as ‘exceptional’ throughout. It’s always difficult to put a value on a timewarp car like this, but Coys has set an estimate of £12,000-£20,000. We know how much of a premium buyers are willing to pay for super low-mileage classics, and it’ll be interesting to see how this one performs.

Coys will also be auctioning over 100 original film posters at the sale. The rare posters from iconic movies, such as Casablanca, King Kong and Breakfast at Tiffany’s, are said to offer a new and exciting investment opportunity.

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