MAY 27th 2014

Porsches and Dinos star for Silverstone Auctions

The latest Silverstone Auctions event took place at the legendary Northamptonshire circuit at the weekend, and there were a number of star performers. The pace was somewhat predictably set by the usual suspects from Maranello and Stuttgart, although there were a few surprises from less-obvious marques.

Silverstone Auctions reckon they may have set a new British record of £20,930 for a Fiat 500D Convertible, which sailed past its high estimate of £15,000 amidst a swarm of keen bids, and a ‘timewarp’ Mk1 Capri 3.0 GT did similarly well by eclipsing its upper estimate by over six thousand pounds at £24,380. A remarkable 197km-from-new BMW Z1 realised an impressive £54,050, whilst the ex-Duke of Devonshire Bentley T1 said to have carried a number of Royal family members, including the Queen, surprisingly failed to find a buyer.

As ever there were a few notable big guns at the auction, and as is so often the case the biggest of these were Ferraris. Oh okay, Dinos…

Former Earls Court Show cars are usually highly collectable, especially if the car in question is a Dino 246GT. The Bianco Polo Park example came with a complete history and fastidious service record, so it was little surprise when it soared over £30,000 past its high estimate of £220,000. Arguably, however, it might not have been the most surprising Dino sale at Silverstone. The story goes that the Verdi Pino car was built in 1973, parked-up in 1975, and then did nothing whatsoever until now. Well, nothing that is apart from gradually transform itself from a gleaming Ferrari into an orange stain on the floor of a Scottish garage. £132,250 was the astonishing price paid for what is quite simply a basket case.

There were also a number of Porsches, conspicuous by their estimate-busting. Most surprising of these was perhaps the 1973 911S 2.4 Targa which made £105,800 against an estimate of £85,000, although running it close was a stunning 1989 911 Turbo with just 24,800 registered miles which realised £92,000 despite a top estimate of £65,000. Although another 911 Turbo, this time a 1988 model, made more than six thousand pounds over its estimate of £34,000, just about every Porsche that sold was either on or above the top end of the estimate range.

Keep a close eye on Silverstone Auctions’ next event, due to take place during the Silverstone Classic on the last weekend in July.

The full list of lots, their estimates, and sale prices can be seen here.

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