A two-owner 1970 Falcon XY GT sold at Shannons’ Melbourne Spring Auction for $176,000 – a price not seen at auction for this model for nearly a decade. The Yellow Ochre GT with its long range fuel tank and wind-back sunroof was pursued relentlessly by enthusiasts until it sold at a pre-GFC price.
Bidding started at its conservative pre-auction estimate of $80,000 and quickly rose in $5,000 increments to $130,000. Five phone, three floor and several online bidders then drove its price forward in $2000, then $1000 lots before the hammer fell to a Victorian floor bidder.
Meantime, a 1970 Holden HG Monaro GTS 186S continued the trend for strong six-cylinder Monaro results when it sold for $64,000.
The Melbourne Spring Auction also saw a rare homologation special change hands for serious money. This was a rare, one owner from new 1995 Mazda RX-7 SP, one of 25 built to qualify the model for Australian GT Production Car racing. A similar example won the 12 Hour in 1995 at Eastern Creek in the hands of Dick Johnson and John Bowe. It sold with ’no reserve’ for $88,000 to a NSW online bidder.
Looking ahead, Shannons is promising to ‘make America great again’ at its Sydney Spring Classic Auction on November 7 – the day before the US Presidential election – with a highly prized 1968 Shelby GT500KR (short for King of the Road) going under the hammer. The Shelby, with its date code-correct 428 Cobra Jet V8 and four-speed manual transmission, is a true ‘survivor’ of the golden American muscle car era, with just 61,000 miles (believed genuine) on its odometer. This car is thought to be one of only 300 or so manual KR fastbacks built, making it both collectible and a lively driving experience compared with the much-softer automatic-equipped versions. Because of its rarity, unmolested condition and low mileage, it is expected to sell somewhere in the $160,000$180,000 range.
Other Americans in the November 7 auction are two stylish four-speed Chevrolet Corvette roadsters.
Where you find the US of A you’ll no doubt see Australia following suit and such is the case at the Spring auction with some ‘Bathurst specials’ up for grabs. The headlining act is a 1969 Holden HT GTS 350 in Verdoro Green owned by the one family since new. It comes with extensive paperwork, including the original sales receipt, proving the car’s exceptional provenance. It’s been kept in the dry climate of the NSW Riverina region since new and is listed with a guiding range of $130,000$150,000.
Also on offer is an example of the GTS 350’s successor at Bathurst, an LC Torana GTR XU-1, in Cyan Blue. It is expected to sell in the $65,000-$75,000 range.
Oh, then there’s the ultimate Group A era machine, an Australian-spec 1991 Nissan Skyline R32 GT-R – the 55th example built of 100 cars sold new in Australia to celebrate Nissan’s first Bathurst victory. This two-owner car has all its original paperwork, including its sales receipt for $110,000 and a thick folder of dealer service receipts, making it a very rare find today. More info at www.shannons.com.au/ auctions.