New Zealand Classic Car - - International Market Report -

have just re­turned from Eng­land, where I at­tended three ma­jor auc­tions, and I am glad to say that the trend for top money for top cars con­tin­ues, while poor cars strug­gle to be sold.

My first port of call was to Blen­heim Palace, near Ox­ford, birth­place of Sir Win­ston Churchill and the venue for Sa­lon Privé and Sil­ver­stone Auc­tions’ big sale. Sil­ver­stone of­fered 67 cars, and though some were passed in and the auc­tion­eer was made to work pretty hard to move the large se­lec­tion of Fer­raris, Jaguars, and MercedesBenz, there were in­deed some ex­cel­lent re­sults — in­clud­ing the 1959 Jaguar XK150 3.4 S drop­head coupé that sold for £168K plus buyer’s pre­mium. But it was one of the lesser lots that took my breath away. Lot 209 was a 1973 Citroën DS Super 5, which sold,

to my mind at any rate, for an in­cred­i­ble £68K on the ham­mer, mean­ing that the pur­chaser had spent nearly £80K by the time the buyer’s pre­mium of 12.5 per cent plus VAT had been added. Do not get me wrong — this Citroën looked as close to per­fect as it is pos­si­ble to get, but it is still only a Citroën DS, and they did make nearly one-and-a-half mil­lion of them be­tween 1955 and 1975. 33 dif­fer­ent coun­tries), par­tic­u­larly for Porsches, with a 1995 Porsche 911 GT2 go­ing for a stag­ger­ing £1.848M and a 1993 911 Turbo S Light­weight fetch­ing al­most a mil­lion pounds as well! Th­ese prices made the £2.408M spent on a 1960 As­ton Martin DB4 GT look like mere peanuts. If the Porsche prices were high, then what about the sale of JJ Jar­dine-pat­tin­son’s car? He told me that it had sat out­side for the last 30 years and that it was be­ing sold with­out re­serve. This beau­ti­ful lump of rust — which had once been a 1967 Iso Grifo GL Se­ries 1 by Ber­tone — sold for an amaz­ing £128,800. It will be a lovely car once it is re­stored! hosted a splen­did auc­tion, with the run­away suc­cess of the sale be­ing the £4,593,500 world-record price achieved for a 1956 Porsche 550. It was truly a beau­ti­ful lit­tle car, in very orig­i­nal con­di­tion, and some heavy bid­ding took place be­fore auc­tion­eer James Knight’s gavel fell. Other highlights in­cluded a Fer­rari Dino at £300K and a 1962 flat-floor E-type Jag for a cool quar­ter of a mil­lion quid. In to­tal, 70 per cent of the lots sold, for a grand to­tal of £14.5M.

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