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Auction news

Classic AC Ace soars to £249,000

A beautifully original 1958 AC Ace Bristol sold for £249,750.

A beautifully original 1958 AC Ace Bristol sold for £249,750.

 

SILVERSTONE Auctions achieved total sales of £4.9million in three days at the Silverstone Classic.

A beautifully original 1958 AC Ace Bristol wowed hundreds of classic car and motorsport enthusiasts who descended on Silverstone Circuit, selling for £249,750, more than £80,000 over its lower estimate.

Achieving a new world record auction price, a low mileage 1989 Peugeot 205 1.9 GTI was sold to applause for £30,938, more than £12,000 over its lower estimate. Drawing nostalgic glances from auction goers, the car had covered just 7,986 miles in the hands of only one owner and was in exceptional condition.

Showing significant movement in the classic car market, a stunning selection of Series I Jaguar E-Types were in high demand. Selling for more than £48,000 over its lower estimate, a matching numbers and fully restored 1965 E-Type Series I 4.2 FHC was hammered away for £123,750 including premium. One of the very earliest cars, a 1961 Jaguar E-Type Series I Roadster, chassis number 62, was sold for £140,625.

A nut and bolt restored, UK right-hand drive 1970 Jaguar E-Type Series II Fixed Head Coupe also proved popular, selling for £118,125, more than £30,000 over its lower estimate.

Some special modern performance classics sold for fantastic prices, with an incredibly rare 1996 Mercedes-Benz SL70 AMG selling for £51,188, more than £15,000 over its lower estimate.

Bought new by none other than Nigel Mansell, a 1984 Audi Quattro sold for £26,438. Original UK, right-hand drive Ferraris continue to prove sought after and a 1994 Ferrari 512 TR, a superb low mileage example, sold for £162,000.

11 competition cars were also sold at the world’s biggest classic motor racing festival. Created for Le Mans and one of the most original Porsches Silverstone Auctions has ever seen, a 1981 Porsche 924 Carrera GTR, which had been hidden in Japan for 30 years, sold for £495,000.  A 1975 FIA Group 2 Ford Escort BDG Zakspeed Replica, which sold for £57,380, was even raced by its new owner on Sunday at the festival and won its class.

A fully restored 1965 Jaguar E-Type Series I 4.2 FHC was hammered away for £123,750.

A fully restored 1965 Jaguar E-Type Series I 4.2 FHC was hammered away for £123,750.

Achieving a new world record price, a low mileage 1989 Peugeot 205 1.9 GTI was sold for £30,938.

Achieving a new world record price, a low mileage 1989 Peugeot 205 1.9 GTI was sold for £30,938.

One of the most original Porsches Silverstone Auctions has ever seen, a 1981 Porsche 924 Carrera GTR, sold for £495,000.

One of the most original Porsches Silverstone Auctions has ever seen, a 1981 Porsche 924 Carrera GTR, sold for £495,000.

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