Porsche 911 GT2 RS sells for £246,250 alongside restoration projects at Silverstone Auctions' NEC sale
Silverstone Auctions slimmed down the number of restoration projects on offer and upped the number of drive-away classics on its second visit to the annual Restoration Show at the NEC on May 28 – and claimed a £2m take. After the initial half-dozen lots of Bugatti engine parts, where a straight-eight crankshaft fetched £4275, 62 cars sold out of 77 offered including basket cases for an 81 per cent sale rate.
Highest prices went to modern German muscle: a 2010 Porsche 911 (997) GT2 RS, one of just 500 made, sold for £236,250 to a US buyer, more than £30,000 over its lower estimate. A 2003 996 GT2 sold for £86,625, more than £10,000 over its upper estimate, and a very clean and tidy 2001 BMW Z8 fetched £123,750, nearly £50,000 over its lower estimate.
Almost-classic Ferraris went very well too, with a 1994 348 Spider selling for £65,250 - that’s 355 money - while a pair of 1998 355 F1 Spiders sold for £72,000 (excellent) and £64,688 (very good). That F355 high price was matched by a UK-market though latterly in Germany 1989 Porsche 911 G50 turbo targa, while an ’87 Mondial 3.2 coupe made a high £34,875.
The much-vaunted 302-mile and timewarp-original 1968 Austin Mini van failed to sell, bidding to ‘only’ £22,000 against its owner’s pre-sale expectations of up to twice that, but his mate’s very clean Mercedes 500SL with just 9044 miles from new and once part of the Patrick Collection, reached a healthy £59,625.
Aston Martin DBS V8 Showing the appeal of the early four-headlight style, a 1971 sold for £79,875, nearly £25,000 over its lower estimate and within £8000 of the price of a beautifully refurbished 1980 V8 at £87,750.
A nice 1972 Fiat Abarth 595 SS replica made £15,570, and about the cleanest-ever Fiat 500 with Giannini mods, a 1967 example, was £16,313 with the same seller’s 1970 Fiat Gamine at £12,750. As far as the projects went, a Jeep CJ-3B needing everything sold for just £450, the back half of a Rolls-Royce Phantom III chassis was trollied away on its axle and wheels for £675 and a very rusty 1969 Porsche 912 found an impressive £9225. A 1960 Austin-Healey 3000 BT7 with just one owner since 1966, and an easy restoration, sold for £19,125 with two Healey 3000 bodyshells making £2250 and £3488.
Cautious buy of the sale for me, though, was the left-handed (originally Swiss-owned) 1971 Porsche 911 2.2 Coupe. OK, it was only the ‘poverty’ T model though with optional five-speed and Fuchs wheels, and the sills were slightly worryingly hidden by shiny covers that were themselves corroding, but with 2.2Ss approaching £200k, it looked something of a snip at £43,875, with a 1972 2.4 T Targa even less at £38,250.
Words and pictures: Paul Hardiman