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Auction news

Records galore at classic show sale

A very special 1958 ex-Chris Barber Lotus Elite Series I sold for a new record auction price of £121,500.

A very special 1958 ex-Chris Barber Lotus Elite Series I sold for a new record auction price of £121,500.

A 1962 Jaguar E-Type 3.8 Roadster, owned by the vendor for 43 years, sold for an amazing £171,000, nearly £80,000 over its lower estimate.

A 1962 Jaguar E-Type 3.8 Roadster, owned by the vendor for 43 years, sold for an amazing £171,000, nearly £80,000 over its lower estimate.

A right-hand drive 1989 Porsche 911 (930) Turbo Flachbau went for £211,500 and a new world record for the coupe model.

A right-hand drive 1989 Porsche 911 (930) Turbo Flachbau went for £211,500 and a new world record for the coupe model.

 

SILVERSTONE Auctions broke several world records and achieved its best ever result at its two-day sale at the Classic Motor Show weekend.

Taking place at the NEC in Birmingham, 80 per cent of the vehicles on offer were sold, for a total value of £5.8 million.

Silverstone Auctions were joined by Channel 4, Ant Anstead, Phil Glenister and the team from ‘For the Love of Cars’ to see the very special 1958 ex-Chris Barber Lotus Elite Series I sell for a new record auction price of £121,500. It was £40,000 above its lower estimate.

Another car restored by Ant Anstead and his team, a stunning 1969 Aston Martin DBS 6 Vantage Spec, sold online for a world record market price of £174,375 including premium to a buyer in Austria.

Some incredible Porsches sold for new benchmark prices. After a fierce bidding war, a 1985 Porsche 911 (930) Turbo SE Flatnose, the first UK car, sold for a new world record auction price of £202,500.

However, just half-an-hour later a right-hand-drive 1989 Porsche 911 (930) Turbo Flachbau was offered, this time in Guards Red, selling for £211,500 and a new world record price.

Porsche collectors were truly spoilt and many couldn’t resist bidding on the beautiful and highly collectible 1957 Porsche 356A T1 Speedster, which sold for £306,563, the highest value lot of the sale.

No fewer than seven Jaguar E-Types were offered and amazingly all sold for above their pre-sale estimates.

A 1962 Jaguar E-Type 3.8 Roadster, owned by the vendor for 43 years and starring in an official Jaguar video with model David Gandy, had seven phone bidders as well as buyers in the room. It eventually sold for £171,000, nearly £80,000 over its lower estimate.

With everything about the car ‘just right’, a 1965 Jaguar E-Type 4.2 Series I Roadster sold for £146,250, more than £50,000 over its lower estimate; and a ‘barn-find’ 1974 Jaguar E-Type Series III Roadster sold for £69,750, nearly double its lower estimate.

It wasn’t only E-Types that proved popular with Jaguar fans. A 1977 Jaguar XJ12 Coupe, a winner of over 18 national concours events, achieved a new world record price, selling for £43,875.

Raising £12,938 for Prostate Cancer UK, a 1969 Morris Mini Super Deluxe, with a fascinating story and restored by Lancaster Insurance to its former glory, was sold to a very generous buyer in the room.

Silverstone Auctions’ first sale of 2017 takes place at Race Retro at Stoneleigh Park in Warwickshire between February 24-26.

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