80% of entries sold in £4.6million open-to-public auction on 26th September
Back in March, Historics opened its auction doors at Ascot Racecourse for what was to be the last major UK classic car auction before the lockdown caused by the pandemic.
Six months later, on 26th September, the world-famous venue again played host to Historics for its major open-to-public Autumn Classic sale, with strict COVID legislation in place.
The extensive grounds provided the elegant backdrop to a fine and varied consignment of 190 classics spanning nine decades and including classic examples from no less than 47 different marques.
By the end of the day, Historics achieved another fine result, with a total sale of £4.6 million and – more significantly in terms of a barometer of the market – a sale rate of 80%, which closely replicated Historics’ previous sale in July this year.
Three viewing days provided ample opportunity to view consignments in detail prior to auction, and over 800 took advantage of this extended period, with socially-distancing and track-and-trace in place.
On sale day, fine weather prevailed and a spirited auction day – complete with a string quartet to entertain - ensued with some 900 attending during the day, again with full COVID legislation being followed.
Besides those in the auction hall, this Historics sale attracted a record 821 registered online bidders from the UK and 30 further countries - emphasising the fact that Historics auctions are now truly international events.
By the close, of the 172 classic car entries amongst the total consignment, the greatest proportion sold above top estimate.
Mercedes-Benz was the most prolific marque, with 25 bought to sale, from 1958-2011. Of these 22 sold. This included a 10,000 mile 1989 300 SL Roadster that soared to over twice estimate (£25,000-£30,000) and settled at £70,184 – believed to be a world record auction price.
Of the Aston Martin entries, six of eight sold, including a 1967 DB6 that changed hands above top estimate (£175,000-£195,000) at £220,740.
Ferrari too proved popular, with three of four passing to new owners, including a brace of Testarossas (1987 & 1990) which sold robustly (£68,486 and £82,636).
Staying with Italian exotica, it was a clean sweep sale of four Lamborghinis, including two Jalpa models – one a restoration project (£20,720) - whilst a brace of 2007 and 2011 Gallardos also sold well mid-estimate.
The MG marque has always been a Historics’ stalwart. Seven of eight sold, including a rare V8-engined MGB Roadster that exceeded its top estimate, finishing at £21,382.
Rolls-Royce performed exceptionally well too. Eight sold of ten consigned, including a very fine 31,000 mile 1998 Silver Seraph (£40,186)
Had there been one, the prize for the most unusual entry would have gone to a professionally-crafted road-going ‘re-creation’ of a 1967 Lotus 49, the bespoke Honda motorcycle engine, line-astern two-seater racing to top estimate for £26,036
And the singleton Vauxhall entry – a rare and wonderfully presented 1956 Vauxhall Cresta E - soared to what is believed to be a record auction price at £53,760. Ditto a singleton Maserati at the sale performed exceptionally. Indeed, the 1975 Maserati Merak, with a meagre 2,136 miles since new – rushed to £62,260.
On the Porsche front, a one-owner 1977 Porsche 930 Turbo sold for £97,500, and on the more affordable spectrum a 2004 Boxster 986 will have delighted its new owner at £3,962.
Finally no Historics auction is complete without a car with truly exceptional owner provenance and this sale was no different, the ex-Sir Stirling Moss Peugeot 205 GTi 1.9 passing hands above top estimate at £20,160 (Est: £13,000-£16,000).
See full results here on the website:
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