JUL 27th 2014

Silverstone Classic auction part two... Our highlights

Silverstone Auctions

The second day of the Silverstone Classic Sale, run by Silverstone Auctions, proved to be a day in favour of buyers. The first 21 lots all came from the Molino collection, which has been curated by Mike Hewitt over the last three years. The first lot, one of only 65 surviving Delage DEs, reached just £8800, which is a snip for this rare 1921 machine. A 1954 Jaguar XK120 seemed like a bargain at £59,000, too, while the 1932 Alvis 12/50 TJ Ducksback failed to reach its reserve. After those first three lots, things did begin to speed up a little.

Alvis 12/70 Competition ready for the VSCC circuit (above)

The first large sum of money to be put forward was an £85,000 telephone bid for a 1940 Alvis 12/70 Competition (although even that was some way short of the £100,000 to £120,000 estimate). Well known in vintage racing circles, it was sold having been prepared to continue its career in motorsport.

Jagauar XJ220 values are ‘only going one way’

Moving away from the Molino collection, we were keen to see what left-hand drive, 1996 Jaguar XJ220 would reach. Often the ‘bridesmaid’ of the supercar market, values are beginning to become more robust – and this one settled almost right in the middle of its £150,000 to £170,000 estimate with a hammer price of £163,000. One day, values will fully reflect the XJ220’s importance and that will look like a very good buy.

Silverstone Auctions

Battle of the Porsche 911 930 Turbo LEs

There were two Porsche 911 930 Turbo LEs, the super high spec run-out edition of the pre-964 model of which only 50 were made. Both similar in specification and with similar mileages (28,802 for the black car, 30,500 for the white one), it would be interesting to see how closely the bidding would end up. The black car went first (despite having a later catalogue number), starting point being £65,000 before ending at £70,000. The white car had a lower start (£60,000) and looked like it was all over by £71,000, but interest on the phone saw it reach £77,000… eventually.

Silverstone Auctions

Ferrari 456 attracts international interest

A Ferrari 456 which was first owned (and barely used) by the Sultan of Brunei’s brother attracted interest from around the world, with no fewer than 11 telephone bidders. Factor in plenty of interest in the room and more online and it was recipe for smashing right through its £25,000 to £30,000 estimate. And so it proved… the hammer price was £43,000, displaying a strengthening of values for this oft-forgotten Ferrari.

Other lots of note included a 2003 Mercedes SLK. Yes, really… bear with us! Unregistered, it had covered only 190 miles. How do you put a value one something like that? The room decided £13,500, some way short of the £15,000 to £18,000 estimate. Does the buyer enjoy a ‘new’ R170 SLK, or maintain its value by not using it? All the prices here are hammer prices and don’t include fees; the full results will be published soon by Silverstone Auctions.

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