Wednesday, 5 June 2013

Biggest-ever attendance in Historic's Summer Auction

1967 Aston Martin DB6
It was not just the sun that beamed down on Historics’ early Summer auction on Saturday June 1, as the Brooklands Museum-based auctioneer registered yet another spirited quarterly sale, with its biggest-ever attendance during both viewing and sale days, the largest consignment list, motorcar sales in excess of £1.5 million and the highest sales ratio from any auction to date.
With 110 classic car consignments representing 38 different marques and, for the first time, a separate major sale of 87 classic motorcycles adding to the Saturday itinerary, Historics’ re-emphasised its pitch as a company that represents the breadth of the classic community.
With vigorous bidding in the hall, via commission bids, telephone and internet, a total sale revenue from motor car consignments of £1.58 million was achieved - and a motorcar sales ratio of 72% - all reflected in a wealth of excellent results.
Jaguar enthusiasts were treated to a selection of twelve models across five decades, headed by an immaculate concours-standard 1966 Series I E-Type 4.2 litre roadster. With significant pre-sale interest, the jet black/black leather trim convertible attracted a flurry of enthusiastic bids, resulting in a sale price of a heady £112,000. 
A similarly-striking and beautifully-presented 1959 XK150S Coupé found its new home for £48,160, whilst a 1974 Series III 5.3 litre Jaguar E-Type Roadster soared £10,000 above its top estimate, the sale being concluded at £44,800. The feat was repeated by a limited-edition XJR-S ‘Celebration Le Mans’ model, changing owners for twice its top estimate, at £11,200.
Arguably the most immaculate of all consignments was a Jaguar D-Type re-creation of 1969.  Supreme attention to detail and finesse made this a magnificent tribute to the famed Browns Lane racing car.  Not surprisingly, a flurry of bidding sealed the sale at £52,920, another to exceed expectations.
The Mercedes-Benz marque has always been a robust seller at Historics and this was no exception. Amidst the fifteen varied consignments – of which eleven inherited new owners – a brace of 1957 190SL roadsters topped the M-B sales charts at £61,600 and £62,720 whilst, at the other end of the spectrum, a 1976 six-door E330D Limousine offered at No Reserve, made its new owner very content at £1,500, the bidding being somewhat shorter than the car’s impressive length.
Creating major interest amongst other No Reserve consignments was a rare 1963 Lotus Elan S1 by Shapecraft, which had slumbered in storage for 40 years.  Strong bidding propelled this fascinating total restoration project to £26,880. 
Languishing alongside the Elan was an equally fascinating car requiring a total re-build - a 1970 Porsche 911T - which has been on the road for just six of its 43 years existence, the remainder spent in storage. It created a major stir in the hall, enthusiastic bidding pushing the total sale price, as with the Elan, to £26,880.
Indeed, Porsches proved to be very much in demand, returning a 100% sale rate of the eight models consigned, with a 1991 Carrera 2, beautifully-presented in 1973 2.7 RS specification, soaring above estimate to £38,640, trumped only amongst the Stuttgart cars by a 1980 911SC which sold at £6,000 above its top estimate, settling at £15,680.
With nearly forty years between them, a supremely-elegant 1967 Aston Martin DB6 and 2006 DB9 provided an interesting contrast. The former whisked speedily to £123,000 whilst the DB9 changed hands at an impressive £35,840.  
Strong interest in British sportscars continued with a rare 1961 Lenham-Healey Six  (of which reputedly just 18 were made) joining the contingent of cars exceeding their estimates (£20,720), and a magnificent 1972 Old English White MG-B GT rewarding its fastidious and ultra-caring owner with a sale price of over £10,500, significantly ahead of its £6,500 top estimate.
And such was the following for a 1965 Lotus 7, pitched at £5,000-£10,000, that it achieved a very spritely £17,360 for its vendor. The Hethel marque was also represented by two Lotus Europas of 1970 and 1971 vintage. The slightly younger twin-cam variant sold to a first-time Lotus owner for £12,320.
Commenting on the sale, Historics’ Auction Director, Edward Bridger-Stille, said;
“What a way to celebrate the arrival of Summer! We were again delighted to offer such a varied, high-quality motorcar consignment portfolio, and were rewarded with a great sales result and sales ratio.  Moreover, it is a tribute to the Historics team - and to our established reputation - to muster alongside the motorcars, a tremendous and successful sale of 87 classic motorcycles, this being the first major two-wheel sale to be held in the South of England.  We intend to make this an annual event for motorcycle enthusiasts.”

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