HISTORICS OPENS ITS AUCTION YEAR IN SPIRITED FASHION

Posted on 12th March 2022
HISTORICS OPENS ITS AUCTION YEAR IN SPIRITED FASHION

The Spring Classic Sale on 12th March returns 77% sale rate and £2.98m from 170 varied classics

In excess of 1,000 visitors to Historics’ 2022 auction opener were treated to a fine and varied selection of 170 classics on offer at Ascot Racecourse, with its customary three viewing days preceding the sale on Saturday, 12th March.

 

Maintaining its focus on open-to-public auctions, Historics again attracted a full auction hall, with a further 600 registering to bid online in conjunction with its auction partner, Bidpath.

 

A 51,000 mile 1987 Ford Sierra RS500 Cosworth, plucked from a collection and presented in fine order, was an excellent flag waver for the increasing popularity of modern classics - particularly rare specimens such as this - the car settling with its new owner at a feisty £79,200. 

 

An elegant 1988 BMW 325i Convertible attracted admiring glances in the build-up, with impeccable service history and just 22,400 miles since new. It certainly didn’t disappoint come sale day, passing to a new owner for £36,200 (Est. £20,000-£25,000). Interestingly, that’s six times more than a fine 1989 example sold by Historics almost exactly eight years ago, when it changed hands for a shade over £6,000.

 

Despite the clamour for modern classics, a brace of Triumph TR5s, a 998cc Mini Cooper and 1275cc Mini Cooper ‘S’ demonstrated with some aplomb that excellently presented 60’s cars can be immensely valuable propositions…

 

A decade-long, nut and bolt restoration, with receipts totalling over £40,000, propelled the dark blue 1968 Triumph TR5 to a triumphant £75,000 – close to double its lower estimate. 

 

Not to be outdone, an utterly immaculate 1968 998cc Mini Cooper Mk. I soared to a mighty £47,000 (Est. £28,000-£32,000), hotly pursued by a 1966 Mini Cooper ‘S’ Mk.I 1275 that changed hands for £40,000.

 

Staying with the 60s, the four-pot Porsche 912 may be eclipsed in cult stakes by the 911 but a meticulously-restored and super-elegant, left-hand drive 1968 Porsche 912 showed its class, selling above estimate at £53,000.

 

Moving on three decades, the final evolution of the Porsche 928 was regally represented by not one but two Porsche 928 GTS models, one of 1992 vintage, the other 1994. Their mileages since new were just 4,400 and 8,200 respectively.  That, and the fact that they were both owned new by the Brunei royal family, undoubtedly contributed to their sale prices.  Both settled at approximately £47,000.

 

In contrast to the suave appeal of the 928, a twenty year old, 2002 AC Cobra 427 by Dax reeked raw energy.  It’s rare optional hardtop in no way blunted the fun factor of this wind-in-the hair favourite, whose meticulous presentation was rewarded by an over-estimate sale at over £44,000.

 

Historics has previously sold two Lotus classics first-owned by Formula 1 ’superswede’, the late Ronnie Peterson, and yet another came to sale here.  Again, given to Peterson by Colin Chapman whilst driving for the team, the canary yellow 1974 Lotus Elite 502 was offered without reserve and rose briskly to its sale price at shade over £20,000.

 

The 1,000+ who attended the sale may have wondered which was the front and back of the  whimsical 1964 Fiat 600D Multipla but there was no confusion over its value, this charming and hugely practical six-seat Italian masterpiece selling robustly over-estimate for a shade over £27,000. Somewhat higher in the elegance stakes was a fine example of a 1962 Fiat 1200 Cabriolet, its bright red coachwork displaying the finesse of designer, Pininfarina. It sold for a very affordable £18,750.

 

A selection of Mercedes-Benz classics, always a strong feature at Historics’ sales, included at this auction a wide choice of more affordable examples spanning four decades.  Heading the provenance stakes was a one-owner, 21-year old 2001 Mercedes-Benz S600 L limousine, the owner in question being Queen drummer, Roger Taylor. Offered at no reserve, this bohemian rhapsody sold for £5,040.

 

The pre-war market was well represented by a number of fine classics, of which the most unusual was the curvaceous, art-deco 1934 Nash ‘Advanced 8’ Coupé. Unsurprisingly a multiple concours winner, this extremely rare straight-eight USA tourer, the subject of full restoration, not only came to sale equipped with a dicky seat but custom boot trunk containing a set of hickory shaft golf clubs, a picnic set and wind-up gramophone.  It rewarded its fastidious vendor with a sale price that exceeded its top estimate, at £40,750.

 

Historics is now consigning for its next open to public auction, again at Ascot Racecourse, on Saturday 21st May.

 

See full results and 2022 auction schedule here

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