Monday 18 November 2013

NEC Classic Car Show Sale breaks all records!

Wow! What a fantastic weekend Silverstone Auctions has just enjoyed at the NEC Classic Car Show. Holding two sales over two separate days for the first time proved to be an excellent format for both buyers and sellers, creating a more relaxed atmosphere and shorter more punchy sales.

The results were incredible with an exceptional sales rate of over 80% achieved and a premium inclusive sales total of over £2.8 million pounds! An impressive 85 vehicles were sold in total over the two days.

Highlights included the sale of an Aston Martin DB5 for £358,000, nearly £80,000 over lower estimate and an Aston Martin DB2/4 Mk III selling for £220,800.

British classics were popular throughout with a Lister Jaguar XJS 7.0 litre Le Mans Coupe eventually selling for £56,875, more than twice it's pre-sale estimate.  A 1950 Jaguar XK120 Roadster fetched £85,881, nearly £19,000 over over it's lower estimate.

The sale of an amazing 1985 Ford RS200 for £104,650 and a 1986 Sierra RS Cosworth, formerly belonging to Cosworth's co-founder Mike Costin, indicate that iconic Fords from the 1980's could well be among the next crop of classics to significantly rise in value.

Cars from further afield also proved extremely popular with two Ferraris, a 1982 512 BBi and a 1988 328 GTS, achieving £109,200 and £40,609 respectively.

The amazing and unique 1970 IKA Tornio 380S owned by the legendary Juan Manuel Fangio lived up to it's pre-sale excitement fetching a strong £27,900.

The fine wines, exquisite leather goods, rare watches and jewellery that we now offer as a "Lifestyle" sale, all sold well to an enthusiastic audience for £173,000.  Contributing to this was a very rare ex-Ayrton Senna race suit, which sold for £15,730.

Finally, we even managed to raise  £1,500 for the BBC Children in Need Appeal when we ran out of catalogues and charged a £5 admission fee!

A fantastic sale all round for vendors and buyers whom I thank sincerely for their support.

Entries are now open and welcome for our next sale - the Race-Retro Sale at Stoneleigh in Warwickshire on 22nd February 2014.