PRICES SOAR AT AUC­TION

Western Suburbs Weekly - - Drive Way - Bill Buys

HOLD­ING on to a classy car or mo­tor­bike for a while seems to be a bet­ter in­vest­ment than prop­erty. Or gold.

It was proved at Shan­nons Win­ter Clas­sic Auc­tion last week, with on­line and floor bid­ders driv­ing record prices for some lots.

Top seller of the night was a 1964 Porsche 356SC Coupe that even­tu­ally sold for $180,000 – well over its pre-auc­tion high es­ti­mate – after a re­lent­less duel be­tween a tele­phone and a floor bid­der.

The car was owned by a Ger­man for more than 40 years, un­der­went an ex­haus­tive 15-year restora­tion and is prob­a­bly the finest Porsche of its type in Aus­tralia.

Another money-maker was a rough, but very rare 1923 Har­ley-David­son Two Cam Board Track Racer, de­scribed by one bid­der as a ‘bag of bones’.

The un­re­stored ma­chine was one of the few orig­i­nal early Har­ley rac­ers to sur­vive in orig­i­nal con­di­tion and cre­ated in­ter­na­tional in­ter­est.

Bid­ding opened at $40,000, but soon surged through its guid­ing range of $48,000$58,000 and beyond $100,000 in a duel be­tween lo­cal and over­seas phone en­thu­si­asts.

It brought ap­plause when it sold to an over­seas col­lec­tor for $118,000 – an auc­tion record for this model Har­ley.

In other bike sales, a 1949 Vincent HRD Rapide 998cc fetched $58,500, a circa-1949 hy­brid Nor­ton with a Vincent HRD mo­tor re­alised $48,000 and a 1952 Vincent Comet Se­ries C 500cc was snapped up for $37,000.

Food for thought.

This 1964 Porsche fetched a record $180,000.

This ' bag of bones' 1923 Har­ley David­son went for a numb­ing $118,000.

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