Silverstone Auctions hits top sales total in its history

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A rare 1950 Healey Silverstone was top seller at the namesake Silverstone sale | Silverstone Auctions
A rare 1950 Healey Silverstone was top seller at the namesake Silverstone sale | Silverstone Auctions
A rare 1950 Healey Silverstone was top seller at the namesake Silverstone sale | Silverstone Auctions

Silverstone Auctions reached its highest-ever sales total this past weekend at the historic Silverstone racing circuit with more than £5 million ($8.5 million) worth of classic cars finding new owners at an 85 percent sell-through rate.

Top sale was for a rare 1950 Healey Silverstone, its name clearly appropriate to the venue, for £212,750 ($360,500), while an exotic 1996 Jaguar XJ220 painted Silverstone Green, no less, reached £187,450 ($318,000), more than £17,000 ($29,000) over its high estimate. Results include buyer fees.

A 1979 Ferrari 308 GTS struck gold with $140k winning bid | Silverstone Auctions
A Ferrari 308 GTS struck gold with $140k winning bid | Silverstone Auctions

Ferrari production models heated up the Silverstone sale, with a 1979 Ferrari 308 GTS in pristine condition hammered sold at a resounding world record £82,225 ($140,000) plus the auction fee, more than £50,000 ($85,000) over top estimate. Another world record was set by a 1989 Ferrari 328 GTS, with a high bid of £77,050 ($131,000), not including the buyer fee.

A unique piece of motorsports history – Jackie Stewart’s first race car, a 1962 Marcos GT Xylon – went for £41,975 ($71,000).

Two piece of RAF flying history also were sold, a 1976 Harrier Jump Jet for £105,800 ($180,000) and a 1988 Panavia Tornado, £36,800 ($62,000).

“It’s been a fantastic weekend at the Silverstone Classic,” said Nick Whale, managing director of Silverstone Auctions, “and I’m delighted that we have achieved our highest ever sales value, along with a few world records, from what was our best catalogue ever.”

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Bob Golfen is a longtime automotive writer and editor, focusing on new vehicles, collector cars, car culture and the automotive lifestyle. He is the former automotive writer and editor for The Arizona Republic and SPEED.com, the website for the SPEED motorsports channel. He has written free-lance articles for a number of publications, including Autoweek, The New York Times and Barrett-Jackson auction catalogs. A collector car enthusiast with a wide range of knowledge about the old cars that we all love and desire, Bob enjoys tinkering with archaic machinery. His current obsession is a 1962 Porsche 356 Super coupe.