A stunning collection of home grown classics helped Silverstone Auctions achieve an all-time record at its sale at the Lancaster Insurance Classic Motor Show where it successfully hammered away an amazing 76 per cent of the vehicle lots of on offer, for a premium inclusive total of more than £2.7 million. Compared with 2012’s inaugural event which reached £1.3 million.
The star of the sale was a magnificent 1965 Aston Martin DB5 saloon. Presented in iconic Silver Birch, the car more than lived up to its pre-sale interest, eventually fetching a premium inclusive £362,250, more than £80,000 over its lower estimate.
Not to be outdone was another amazing Aston Martin, a delightful 1958 DB2/4 MkIII, also surpassing its lower estimate by £70,000, selling for £220,800.
“I’m absolutely thrilled by these fantastic results which have helped us to a new record,” enthused Nick Whale, managing director, Silverstone Auctions. “We worked extremely hard to put together arguable our best ever catalogue, and I’m delighted that we’ve been able to achieve such excellent prices for so many of our vendors.”
Aside from the Aston Martins, other British classics also proved extremely popular. A Lister Jaguar XJ-S 7-litre Le Mans Coupé was the subject of an intensely fought bidding battle, eventually selling for £57,500, more than twice its pre-sale estimate. A 1950 Jaguar XK120 Roadster fetched £86,825, more than £19,000 over its lower estimate; a 1962 Jaguar MkII 3.8 achieved £55,200 and a 1960 Jaguar XK150 Fixed Head Coupe also sold above estimate, for £42,837.
Meanwhile two fast Fords proved that great Eighties cars could well be among the next crop of classics to significantly rise in value. An amazing 1985 Ford RS200 sold for more than £10,000 over its lower estimate, reaching £105,800, and a 1986 Sierra RS Cosworth, formerly the sole transport of Cosworth co-founder Mike Costin, fetched a healthy £27,600.
However, as well as the strong British results, offerings from further afield also proved extremely popular. Two Ferraris, a 1982 512 BBi and a 1988 328 GTS achieved good prices at £110,400 and £41,055 respectively. And all the way from Argentina, one of the most hotly anticipated cars of the sale, a 1970 IKA Tornio 380S owned by motor racing legend Juan Manuel Fangio, lived up to its pre-sale excitement fetching £28,175.
On top to the sale of the 82 motor cars, Silverstone Auctions also held a lifestyle and automobillia sale, which included fine wines, exquisite leather goods and rare watches. Among the items sold was an ex-Ayrton Senna race suit which was hammered away for £13,000, bringing the total for this part of the sale to further £173,000.
Additionally, Silverstone Auctions even managed to raise £1500 for BBC Children in Need by charging £5 entry fee to the sale having completely sold out of auction catalogues, due to its incredible popularity.
“I’m really proud of the effort and achievements of my team, not only in this record-breaking sale, but also throughout an incredibly busy year for us,” concluded Nick. “I’d also like to take this opportunity to thank everyone who has attended one of our sales during the year and I look forward to welcoming you at our next auction which will be held at Race Retro in February.”
Consignments are now being invited into the Race Retro & Classic Car sale which takes place at Stoneleigh Park in Warwickshire on 22nd February. Anyone interested in submitting an entry and benefitting from Silverstone Auctions’ expertise and support should call 01926 691141 or visit www.silverstoneauctions.com.