TWO NEW WORLD RECORDS AT SILVERSTONE AUCTIONS’ SEPTEMBER SALE

TWO NEW WORLD RECORDS AT SILVERSTONE AUCTIONS’ SEPTEMBER SALE

A 1972 Ford Escort RS1600 sold for £70,875 following a long bidding war, another new world record auction pric

Silverstone Auctions achieved two new world record auction prices at the inaugural September Sale, where a low mileage 1990 Ford Sierra Sapphire Cosworth 4x4 and a restored 1972 Ford Escort RS1600 achieved unprecedented results at Dallas Burston Polo Club.

Believed to be one of the first six examples available on the UK market, the 1990 Ford Sierra Sapphire Cosworth 4x4 was presented in original condition reading just 13,310 recorded miles. With just one lady owner since new and supplied at auction with a complete history file including the supplying dealer book packs and every tax disc and MoT certificate, the highly collectable fast Ford sold for £52,750 including buyer’s premium, more than £20,000 above its pre-sale upper estimate.

The second record-breaker, a 1972 Ford Escort RS1600, offered collectors the chance to own one of the few remaining genuine homologation specials. Fully restored to an extremely high standard and finished in period correct Le Mans Green paintwork, the immaculate example was bought for £70,875 following a long bidding war.

“To achieve not one but two new world records is a fantastic result for our team,” comments Joe Watts, classic car specialist, Silverstone Auctions. “Both our Porsche Sale and September Sale saw some outstanding classics and excellent prices across the two days, with our new auction venue at Dallas Burston Polo Club proving a hit with our customers.”

Other highlights of the September Sale included a pre-production 1982 Audi Quattro Coupe, believed to be the first UK right-hand drive example, which sold for £49,500 in original, recommissioned condition after 20 years in storage. A rare, original condition 1984 Renault 5 Turbo 2 in left-hand drive and reading just 16,898 miles far exceeded its guide price selling for £86,625, more than £16,000 above its lower estimate.

A desirable UK-supplied, right-hand drive 1971 Maserati Indy 4.7 America stood out among the traditional classics on offer, selling for more than £10,000 above its estimate at £60,750, while a limited edition 2007 Lamborghini Murcielago LP640-4 'Versace' was the star of the future classics at the sale, selling to a bidder in the room for £157,500.

The annual Porsche Sale in association with Porsche Club GB, which took place the day before the September Sale, also saw a number of spectacular prices. A rare 1998 Porsche 911 (993) Turbo S, one of only 26 UK right-hand drive examples and finished in rare Pastel Yellow, sold for an impressive £185,625, as one of the most valuable lots of the day. A 1998 Porsche 911 (993) Turbo, factory enhanced to the 'S' specification, also attracted multiple bidders in one of the longest bidding wars of the sale. Reading just 42,000 miles from new, the car sold for £126,000, more than £16,000 above its lower sale estimate.

Among the older Porsches on offer, a fully restored, rally prepared 1958 Porsche 356A appealed to multiple bidders in another extended bidders battle, which saw it sell for £82,125, almost £20,000 above lower estimate. Meanwhile, a left-hand drive 1992 Porsche 911 (964) Carrera RS N/GT 'Racing Package', one of only 20 ‘Racing programme' cars, sold above estimate for £151,875.

The two days of sales at the Warwickshire venue achieved combined total sales of over £3.2m and a 55% sales rate.

Silverstone Auctions is now inviting entries to its two-day sale at the Lancaster Insurance Classic Motor Show, taking place at the NEC, Birmingham, on 10th and 11thNovember. Vendors benefit from just 5% + VAT seller’s commission. The catalogue closes on 15th October 2018.

To see all the results from the Porsche Sale in association with Porsche Club GB visit: http://www.silverstoneauctions.com/the-porsche-sale-2018/view_lots/pn/all

 To see all the results from the September Sale visit: http://www.silverstoneauctions.com/september-sale-2018/view_lots/pn/all

A 1990 Ford Sierra Sapphire Cosworth 4x4 sold for a new world record auction price of £52,750.

1998 Porsche 911 (993) Turbo S, one of only 26 UK right-hand drive example