The first foray in to Europe for Silverstone Auctions on 28/29th May produced a 2 million Euro hammer with over 100 Lots offered and just over 60% sold in Denmark.
The star of the Sale was a beautiful recreation of the iconic Mercedes-Benz 300 SLR, the car made famous by Sir Stirling Moss when he won the Mille Miglia in 1955, which achieved a sale price of 326,250 Euros. The Danish audience appreciated the depth and quality of the cars we offered and made the whole team feel welcome throughout the 2 day sale.
Other highlights included a 1964 Mercedes-Benz 600, formally owned by Danish travel tycoon, Simon Spies, which sold for 140,630 Euros - more than 20,000 Euros over the lower estimate. A remarkable, time warp 1974 VW Beetle barn find with just 90kms from new sold for 38,250 Euros while a 1991 BMW 850i with just 1 owner from new and a mileage of just 1750kms, sold for 87,750 Euros.
The legendary Ferrari brand continues to surprise when the 2003 Ferrari 456M with just 11,900 kms recorded from new sold for 90,000 Euros, more than 25,000 Euros over lower estimate.
So our first International Sale can be regarded as a success with over 60 cars finding new European owners. Silverstone Auctions next Sale is the famous Silverstone Classic taking place over the weekend of 30/31st July and entries are now invited.
Meanwhile Nick Whale Motorhomes took a record 42 motorhome to the Stratford upon Avon Show on the weekend of 18/19th June only to suffer with severe flooding to the whole show ground. Nevertheless, 3 sales were made and all customers offered a pair of wellies to borrow for viewing!
True British bull dog spirit!
At the same time 120 out of 160 classic cars were sold by Classic Car Auctions (www.classiccarauctions.co.uk) up the road at the Warwickshire Exhibition Centre, near Leamington Spa, proving that sub £50,000 classics are very much still booming. A total hammer of £1.4m being their highest achievement to date, and the average price of the classic cars sold being just £11,650 each!
The Summer is a busy time all round for our team and they should all be congratulated on some truly outstanding results and thank you to all our valued customers for your support.
Nick Whale
Thursday, 23 June 2016
Thursday, 26 May 2016
Strong May Sale
Silverstone Auctions hammered £3.2m worth of classic cars on Friday 20th May at Silverstone Circuit, achieving an excellent 70% sales rate for vendors. Interest was strong across the board but only the 'best of breed' cars are finding new homes. The market is now more selective and prices are finally starting to level with a definite bias towards later classics from the 1980's and 1990's shining through.
Highest price paid was for the 1984 Lamborghini Contact 5000 S which sold for £281,250, followed by the last of line Contact Anniversary selling for £241,875. Not to be outdone by its expensive brethren, the only other Lamborghini - the 1988 Jalpa 3.5 Targa - also sold for £58,500.
Italian exotica delivered well when a rare 1964 right hand drive Alfa Romeo 2600 Spider made £30,000 over it's original estimate selling for a fantastic £82,688, and an equally rare Maserati Sebring series 1 excelled at £196,875.
Also noteworthy was the Mercedes-Benz190SL achieving £101,813 and the 280SL Pagoda selling for £60,750. Rare and genuine Mercedes-Benz models providing a solid and reliable investment, as well as a solid and reliable classic to drive.
The ex Prince Naseem Subaru Impreza 22BSTi (one of just 400 worldwide) sold for a solid £73,125 and the collector markets favourite brand - Aston Martin - continued to stretch values with the 1955 DB2/4 selling for £151,875, the DBV8 Volante selling for £137,250 and the DBS V8 Series III selling for £82,800.
The Silverstone Auctions team now heads this coming weekend for a two day sale (May 28/29th) in Aarhus, Denmark, for their first European event, with a further 100 classics - mostly left hand drive - to tempt our European buyers from Scandinavia and nearby Germany.
Our Motorhome team continue to excel themselves as the 'Show' season is now in full tilt. The same weekend as the May Sale detailed above saw our Motorhome team over at the Newbury Show and selling no less than 8 motorhomes to discerning new buyers.
Its a busy time of year for the Nick Whale team and long may it continue!
Friday, 29 April 2016
First Quarter 2016
Business as usual - that seems to be the sentiment in the classic car world at the moment as Silverstone Auctions continue to achieve both high sales rates and strong hammer prices.
The 2016 season started back at Race Retro in February with a total hammer price North of £4.7m which was more than £1.3m up on the same sale last year. Some extraordinary results included a Mercedes-Benz 190E 2.5-16 Evo II selling for £292,500 and a 1987 Ford Capri 280 Brooklands hammering for £54,000.
Infact fast Fords seems to be a theme at Silverstone Auctions recently with 1995 Ford Escort Cosworth achieving a final hammer price of £52,875,and a 1972 Ford Escort Mexico £43,875 - which was close to £20k over the original estimate of both cars.
Its always nice to see very original genuine classics, like the 1958 Aston Martin DB2/4 Mk III, that had continuous family ownership for over 6 decades, sell for £208,125. Again this figure transcending the original estimate by over £50,000!
Other notable results was a Porsche Carrera GT selling for a strong £427,500, a Lamborghini Countach LP400 S selling for £213,750 and finally a Jaguar XJ 220 nearly surpassing its cost when new by selling for £275,625.
The team then moved on to the Restoration Show Sale at the NEC with a mix of barn finds and recently restored classics.
75% of the Lots sold for a hammer value of over £1.5m, including several Land Rover record prices.
A 1948 series I, chassis no.149, sold for £47,250 which was more than £20k over original estimate, and the highest price ever paid for a series I. At the other end of the age spectrum a 2016 Land Rover 110 Heritage Edition, one of only 400, sold for £42,188.
At the more modest end of the price range, but proving that a "best of breed" car will always sell well, a stunningly restored Volvo P1800E, with just 2 owners from new, took prices for that car in to new territory when hammered for £34,875.
Two important sales in May, one at our spiritual home of Silverstone Circuit on Friday May 20th and one at Classic Race Aarhus in Denmark on Sat, Sun 28/29th May, will hopefully continue the strong start to the year for the classic car team at Silverstone Auctions. Both Sales have attracted an extremely strong entry and an eclectic mix of exciting and prestigious cars.
Meanwhile Nick Whale Motorhomes are very proud to have secured the popular Auto-Sleeper franchise to compliment IH and WildAx motorhomes. Sales have started strongly and the team have been flat out at various shows up and down the country, including the main NEC Camping, Caravan and Motorhome Show.
Finally NW Sportscars continue to offer a varied selection of iconic brands from their new showroom in Evesham. These facilities are very much state of the art and are now alongside NW Motorhomes giving customers a chance to view both sportscars and motorhomes in a comfortable, warm and relaxed environment.
I hope to see you, our valued customers, at either of the next two Silverstone Auctions Sales in May or perhaps at our Evesham showrooms browsing our stock.
Nick Whale
Wednesday, 25 November 2015
Classics continue to climb ever upwards!
Silverstone Auctions 5th year at the NEC Classic Car Show on November 15/16th resulted in several new world records, including an amazing £60,188 paid for a 1985 Ford Escort RS Turbo.
Total sales of £4.4m, which represented 80% of the 95 classic cars being sold, was a great result for the team and included other 'Fast Fords" such as a time warp Ford Sierra RS500 that had covered just 13,000 miles from new which sold for £90,000.
Other UK records included a right hand drive Ferrari 512TR which sold for £185,625 ~ an amazing £75,000 over it's estimate.
The Jaguar XJ220 is now starting to achieve prices higher than it's original launch price back in 1990 for the first time and our 5,000 mile ex Brunei Royal family car sold for £315,000 confirming the car's recognition as a real collectable Supercar.
Meanwhile the rise of the Porsche crest continued with a very pretty 356 A T1 Cabriolet selling for £196,875 which was more than £26,000 over lower estimate.
And finally the two celebrity cars - the ex Peter Sellars Elan and the ex Henry Cooper Ferrari 365 GT4 - both went to private collectors for £50,625 and £30,938 respectively.
NW Sportscars have continued selling strongly through this Autumn and NW Motorhome's have enjoyed a great open weekend on Nov 21st/22nd. Both companies have great stock available at the moment and would welcome your call.
Our team at all 3 businesses wish every one of our highly valued customers a happy, healthy and peaceful Christmas and new year.
Nick Whale
Total sales of £4.4m, which represented 80% of the 95 classic cars being sold, was a great result for the team and included other 'Fast Fords" such as a time warp Ford Sierra RS500 that had covered just 13,000 miles from new which sold for £90,000.
Other UK records included a right hand drive Ferrari 512TR which sold for £185,625 ~ an amazing £75,000 over it's estimate.
The Jaguar XJ220 is now starting to achieve prices higher than it's original launch price back in 1990 for the first time and our 5,000 mile ex Brunei Royal family car sold for £315,000 confirming the car's recognition as a real collectable Supercar.
Meanwhile the rise of the Porsche crest continued with a very pretty 356 A T1 Cabriolet selling for £196,875 which was more than £26,000 over lower estimate.
And finally the two celebrity cars - the ex Peter Sellars Elan and the ex Henry Cooper Ferrari 365 GT4 - both went to private collectors for £50,625 and £30,938 respectively.
NW Sportscars have continued selling strongly through this Autumn and NW Motorhome's have enjoyed a great open weekend on Nov 21st/22nd. Both companies have great stock available at the moment and would welcome your call.
Our team at all 3 businesses wish every one of our highly valued customers a happy, healthy and peaceful Christmas and new year.
Nick Whale
Tuesday, 10 November 2015
Porsche Sale succeeds as NEC Classic approaches fast!
Will a single make classic car Sale work in this market? This was the debate back at Silverstone Auctions HQ in Gaydon during the early Autumn months of 2015, prior to our late October single make Sale.....
If its a 'Porsche Sale' the answer , it seems, is a resounding yes!
Total sales of £2.75m and a sales success rate of over 70% on the day confirm the rude health of the Porsche sector of the classic car market.
Over 400 Porsche Club GB members filled Halls 1 and 2 of the Wing at Silverstone Circuit and were able to join in an exclusive Porsche track day, visit and dine at the Porsche Experience Centre, or join in the varied Automobilia Sale, as well as the 60 car strong classic car sale.
Headlining the results was the '73 2.7 RS Touring which reached £410,625 from a German buyer. More modern classics also rang the bell with a five thousand mile 2007 Gen1 911 GT3RS making £168,750, some £28,750 over it's estimate.
Even a more modest 944S2 Cabriolet was in record breaking form, achieving £27,560, as was the two thousand mile from new 2004 Boxster S 550 Anniversary, finally selling for £23,850.
The one-off Porsche 911 'Project 50' amazed the room by selling for £173,250 which was a reflection of the Porsche GB Central Operations build quality and flair.
This coming weekend 14/15th November, Silverstone Auctions heads to the NEC Classic Car Show with another 100 quality classics under the hammer and we hope to see many of our valued clients there.
Meanwhile the motorhome division of NW Sportscars enjoyed an outstanding show at the NEC in October with no less than 12 new IH Motorhomes finding new homes.
Digital developments are ongoing at both Nick Whale Sportscars and Motorhomes with a very exciting new website likely to appear early in 2016. NW Sportscars continues to offer varied and exciting sportscars, strengthening it's position in a competitive market place. Its a busy time all round!
If its a 'Porsche Sale' the answer , it seems, is a resounding yes!
Total sales of £2.75m and a sales success rate of over 70% on the day confirm the rude health of the Porsche sector of the classic car market.
Over 400 Porsche Club GB members filled Halls 1 and 2 of the Wing at Silverstone Circuit and were able to join in an exclusive Porsche track day, visit and dine at the Porsche Experience Centre, or join in the varied Automobilia Sale, as well as the 60 car strong classic car sale.
Headlining the results was the '73 2.7 RS Touring which reached £410,625 from a German buyer. More modern classics also rang the bell with a five thousand mile 2007 Gen1 911 GT3RS making £168,750, some £28,750 over it's estimate.
Even a more modest 944S2 Cabriolet was in record breaking form, achieving £27,560, as was the two thousand mile from new 2004 Boxster S 550 Anniversary, finally selling for £23,850.
The one-off Porsche 911 'Project 50' amazed the room by selling for £173,250 which was a reflection of the Porsche GB Central Operations build quality and flair.
This coming weekend 14/15th November, Silverstone Auctions heads to the NEC Classic Car Show with another 100 quality classics under the hammer and we hope to see many of our valued clients there.
Meanwhile the motorhome division of NW Sportscars enjoyed an outstanding show at the NEC in October with no less than 12 new IH Motorhomes finding new homes.
Digital developments are ongoing at both Nick Whale Sportscars and Motorhomes with a very exciting new website likely to appear early in 2016. NW Sportscars continues to offer varied and exciting sportscars, strengthening it's position in a competitive market place. Its a busy time all round!
Wednesday, 9 September 2015
2015 Salon Prive Sale
A total sales value North of £5m confirm the continued rude health of the classic car market in general at our September Salon Prive Sale, although niche sectors - particularly left hand drive - are now suffering from over supply.
To offer and sell big classics is always special and this year at Salon Prive the Silverstone Auctions team delivered with the £900,000 sale of their Aston Martin DB6 Vantage Volante, one of just 29 right hand drive cars built.
Rare Porsches, and a 700 kilometre from new wide bodied 1986 911Carrera Supersport is about as rare as they come, continue to deliver - and £163,125 was forthcoming on the day. A left hand drive 997 GT3 RS 4.0 made a comfortable £281,250 and an even rarer 2010 911 GT2 RS (one of just 16 right hand drive) found a buyer at £315,000.
Continuing the theme of 1980's and 1990's cars selling well the Ferrari 328 GTS (ex Al- Fayed collection) surprised at £137,250 as did the 1999 Ferrari 550 Maranello taking that model in to new territory with a 43,000 mile UK car achieving £110,250.
A 1998 Lamborghini Diablo SV, (subtle in bright purple), sold for a very strong £185,000 underlining the emerging late classics as the most desirable to buy.
Silverstone Auctions have an exclusive sale for the Porsche marque coming up at Silverstone on 25th October at the Wing, Silverstone Circuit and then head to the Classic Car Show at the NEC on 14/15th November.
Entries are open and welcome at both sales. Please contact me personally to discuss an entry.
To offer and sell big classics is always special and this year at Salon Prive the Silverstone Auctions team delivered with the £900,000 sale of their Aston Martin DB6 Vantage Volante, one of just 29 right hand drive cars built.
Rare Porsches, and a 700 kilometre from new wide bodied 1986 911Carrera Supersport is about as rare as they come, continue to deliver - and £163,125 was forthcoming on the day. A left hand drive 997 GT3 RS 4.0 made a comfortable £281,250 and an even rarer 2010 911 GT2 RS (one of just 16 right hand drive) found a buyer at £315,000.
Continuing the theme of 1980's and 1990's cars selling well the Ferrari 328 GTS (ex Al- Fayed collection) surprised at £137,250 as did the 1999 Ferrari 550 Maranello taking that model in to new territory with a 43,000 mile UK car achieving £110,250.
A 1998 Lamborghini Diablo SV, (subtle in bright purple), sold for a very strong £185,000 underlining the emerging late classics as the most desirable to buy.
Silverstone Auctions have an exclusive sale for the Porsche marque coming up at Silverstone on 25th October at the Wing, Silverstone Circuit and then head to the Classic Car Show at the NEC on 14/15th November.
Entries are open and welcome at both sales. Please contact me personally to discuss an entry.
Silverstone Classic Sale
Three Sales in three days generated £5.2m in total sales at the 2015 Silverstone Classic, with a race car and two classic car sales keeping everyone busy!
Highlight of the Competition Car Sale was definitely the 1959 Cooper Monaco which sold for £219,375 and was eligible for myriad historic events worldwide.
£92,250 may seem a lot of money for a Ford Capri, but when raced by Gordon Spice in period, the rarity of the ex-BTCC car spoke for itself.
Classics also made their presence felt with a De TomasoPantera GT5-S (one of only 17 RHD) fetching a strong £157,500 and a 1990 Mercedes-Benz 190E 2.5 16V EvoII rocketing through the £100k barrier at £100,697.
There is no doubt that cars from the 1970's, 1980's and 1990's are the emerging Classics and currently showing the fastest rate of growth in the classic car market, helping Silverstone Auctions to successfully sell over 75% of all cars offered year to date.
The NW Sportscar business also continues to grow and in particular the NW Motorhomes business is enjoying great success at the various Shows around the country and is now regularly selling close to 20 motorhomes every month.
Highlight of the Competition Car Sale was definitely the 1959 Cooper Monaco which sold for £219,375 and was eligible for myriad historic events worldwide.
£92,250 may seem a lot of money for a Ford Capri, but when raced by Gordon Spice in period, the rarity of the ex-BTCC car spoke for itself.
Classics also made their presence felt with a De TomasoPantera GT5-S (one of only 17 RHD) fetching a strong £157,500 and a 1990 Mercedes-Benz 190E 2.5 16V EvoII rocketing through the £100k barrier at £100,697.
There is no doubt that cars from the 1970's, 1980's and 1990's are the emerging Classics and currently showing the fastest rate of growth in the classic car market, helping Silverstone Auctions to successfully sell over 75% of all cars offered year to date.
The NW Sportscar business also continues to grow and in particular the NW Motorhomes business is enjoying great success at the various Shows around the country and is now regularly selling close to 20 motorhomes every month.
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