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Tuesday 23 September 2014

SILVERSTONE AUCTIONS NEWS

 
Ferraris race ahead at Silverstone sale
 
A collection of stunning Ferraris helped us achieve a 63% sales rate and a total sales value of over £1million in our Autumn Sale at The Wing last Saturday.
 
No less than six of Maranello's finest were on offer at Silverstone Circuit where buyers from all over the world fought hard to secure some wonderful examples of marque.
 
But it wasn’t just Ferraris that proved in demand at the sale. You can view the full results here.
 
Read on to see some of the strong prices that were achieved in the weekend’s sale.
 
1985 Ferrari 308 GTS Quattrovalve- Pre-sale estimate £80,000-£90,000: SOLD £88,550
 
 
We’ve seen some amazing prices paid for 308s this year including some world records achieved at the Silverstone Classic in July.
 
Appreciation and demand for these cars continues and this beautiful and low mileage 308 GTS Quattrovalve topped the bill at the sale selling for more than £8,000 over its lower estimate.
 
1979 Ferrari 308 GTS- Pre-sale estimate £40,000-£50,000: SOLD £52,900
 
 
Not to be outdone, this 1979 308 GTS was the subject of a hard fought bidding war between international bidders. A highly original example in fantastic condition, it eventually sold to a buyer in the room for more than £12,000 over its lower estimate.
 
1951 GMC Pick-Up - Pre-sale estimate £13,000-£15,000: SOLD £22,080
 
 
You certainly couldn’t miss it. This stunning, concours condition GMC Pick-Up definitely caught the attention of bidders at The Wing and it was successfully hammered away for nearly £10,000 over its lower estimate.
 
1991 Mercedes-Benz 560 SEC Automatic - Pre-sale estimate £17,000-£22,000: SOLD £32,200
 
 
Now regarded as the pinnacle of Mercedes build quality, these 'S' Class models are beginning to be truly appreciated by collectors. And this example proved no exception selling for nearly double its lower estimate.
 
1989 BMW E30 M3 Johnny Cecotto - Pre-sale estimate £35,000-£40,000: SOLD £40,250
 
 
A rare and highly sought after Johnny Cecotto edition of the M3, this example looked simply stunning on display at Silverstone. One of the stars of the catalogue it certainly didn’t disappoint selling at its top estimate.
 
1970 Aston Martin DBS - Pre-sale estimate £20,000-£24,000: SOLD £33.350
 
 
This amazing DBS had been in storage for the last 25 years and was in extremely original condition. Continuing our recent success with barn-find Aston Martins, the car sold for more than £13,000 over its lower estimate.

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