Auc­tion View

Classic Car Weekly (UK) - - Contents - by Richard Hud­son-Evans

A near sell-out at the lat­est SWVA Drive Through in Dorset and sensational prices at Sil­ver­stone buck the down­ward trend on the UK’s auc­tion cir­cuit.

Af­ter a rash of low sale rates, where around half the cars auc­tioned failed to sell, all stake­hold­ers in the clas­sics mar­ket will have been greatly re­lieved by SWVA mov­ing 96% of the cars driven past its ros­trum. Only three lots were un­sold. Top priced was a 1972 As­ton Martin DBS 6 auto that had been an Australian res­i­dent from 1986 un­til repa­tri­a­tion in 2013, and which sold for £64,800 dur­ing a £620k Fri­day morn­ing.

The pre­vi­ous evening in The Wing at Sil­ver­stone, com­mis­sion, tele­phone and on­line bid­ders were seen off by a £200,000 bid from a punter in the back row, who paid £225,000 with pre­mium for an ex-works Lan­cia Delta In­te­grale Evo 2 Group A. While an his­toric race 1961 Jaguar Mk2 3.8 was ac­quired by an on­line player in the Nether­lands and a £37,125 1966 Mini Cooper to 1275S-spec headed for Australia.

A sen­si­tively re­freshed 1987 Ford Sierra Cos­worth RS500 ‘orig­i­nal’ raced past £100k and also sold to an on­line bid­der from Australia for £114,750 dur­ing the Satur­day sale at the Sil­ver­stone Clas­sic. The al­most dou­ble lower es­ti­mate £137,250 paid for a 1973 mint BMW 3.0 CSL Light­weight in RHD and the £76,000, £12,000 above guide, for a 1991 Vaux­hall Lo­tus Carl­ton were also extraordinary votes of con­fi­dence in the fu­tures of th­ese fos­sil-fu­elled com­modi­ties.

A Re­store-A-Ford re­fin­ished, 1987 Ford Capri 280 Brook­lands with 14,608 mileage was also ap­plauded for mak­ing £55,125, more than £10,000 over fore­cast. A mar­ket con­fi­dence boost­ing 73% of clas­sics sold dur­ing the Sun­day ses­sion, while the sales total from the three Sil­ver­stone Auc­tions dur­ing Clas­sic week­end amounted to £5.5m.

Let’s hope Brexit Sec­re­tary of State David Davis, who ap­peared to en­joy his Sun­day at the Clas­sic, will en­thuse some of his cab­i­net col­leagues into sup­port­ing rather than de­stroy­ing the old-car econ­omy and en­sure that fuel avail­abil­ity is pre­served.

‘Brexit Sec­re­tary David Davis was at the Clas­sic – where sales to­talled £5.5m’

Com­men­tary from our man with fin­gers on the auc­tion pulse RICHARD HUD­SON-EVANS

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