Buy­ers get hooked on clas­sics

NT News - Motoring - - CARS GUIDE -

CLAS­SIC ve­hi­cles and mo­tor­cy­cles fol­lowed world trends and re­gained their sta­tus as al­ter­na­tive in­vest­ments at Shan­nons Syd­ney Au­tumn Clas­sic Auc­tion on Mon­day.

More than $2.3 mil­lion was paid for 69 lots in the auc­tion, rep­re­sent­ing an ex­cel­lent over­all clear­ance rate of 82 per cent. The 23 num­ber plates ac­count­ing for $1.2 mil­lion of the re­sult and the 23 mo­tor­cy­cles from three pri­vate Syd­ney col­lec­tions adding a fur­ther $270,000.

The top sell­ing lot was a 1973 Fer­rari Dino 246 GTS Spy­der, which with its world mar­ket ap­peal sold for $350,000 to an Aus­tral- ian en­thu­si­ast af­ter a bid­ding bat­tle.

Other stand­out ve­hi­cle sales across the price spec­trum was the $98,000 paid for a 1971 Chrysler VH Charger E38 ‘‘Big Tank’’, while a well pre­sented 1968 Mercedes-Benz 250SL was chased by a bevy of floor and phone bid­ders be­fore sell­ing for $62,000.

Apre­dom­i­nantly orig­i­nal 1969 Holden HT Brougham of­fered with no re­serve was in sim­i­lar high de­mand among a num­ber of bid­ders be­fore even­tu­ally bring­ing the ham­mer down at $20,000 to load ap­plause from the large crowd at Shan­nons’ St Leonards show­room.

Other no­table car sales in­cluded the top prices paid for a brace of Porsches, with a front-en­gined 1984 928S that had cov­ered just 150,000km since new even­tu­ally sell­ing for $19,500 af­ter a slug­ging duel be­tween two floor bid­ders, while a 1979 930 Turbo coupe in need of a lit­tle cos­metic TLC brought $49,000.

An­other Euro­pean sport­ing car to per­form well was a 1989 BMW 635CSi coupe, which sold for $16,250.

Among the clas­sic mo­tor­cy­cles of­fered from three pri­vate Syd­ney col­lec­tions, the high­light was the sale of a re­stored, but since un­used, post-WWII Har­leyDavid­son ‘‘Knuck­le­head’’ for $65,000 (be­lieved to be an Aus­tralian auc­tion record price) while a circa-1951 Manx Nor­ton 500cc ‘‘Featherbed’’ made $35,000 and a circa-1938 Har­ley-Dav­i­son Umodel sold for $25,500.

The top sell­ing Bri­tish bike was a circa-1963 Royal En­field 750cc In­ter­cep­tor that brought $18,000 as a re­flec­tion of its con­di­tion af­ter a ground-up restora­tion and its sig­nif­i­cance as the last of the En­fields.

De­spite their size, most of the small-ca­pac­ity Ital­ian bikes in the auc­tion sold at or near their high es­ti­mates, with top re­sults the $12,250 paid for a 1962 Vespa GS160 Mk1 Scooter and the $8750 paid for a circa-1963 Lam­bretta Model D150cc Scooter.

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