Coys pleased with ‘breakthrough’ auction in South Africa

Coys pleased with ‘breakthrough’ auction in South Africa

1973 Renault Alpine A110 1600S tops the sale at $110,530

Coys staged the first major classic car auction in South Africa on August 11 and reports “groundbreaking results” for the sale at the Steyn Estate near Johannesburg. The auction house said it already has scheduled another sale for 2019.

“The event saw fabulous results for a range of cars from a 1973 Renault Alpine to a 1999 BMW Z3 M Coupe,” Coys said, adding that the Renault Alpine A110 1600S hammered sold for £86,000 ($110,530) and the 20,000-kilometer Z3 M Coupe brought £47,000 ($60,400).

1935 Singer Le Fox and Nicholl race brings $91,250

In addition, a 1935 Fox and Nicholl Singer Le Mans team racing car sold for £71,000 ($91,250) and will return to the UK for the first time in 80 years.

What Coys terms a “modern classic,” a 1983 Porsche 911SC cabriolet in white with a tobacco-brown leather interior sold for £47,000 ($60,400).

“The auction at South Africa was history making, especially because we had an international audience with registered bidders in the room and over the telephone,” Coys managing director Chris Routledge was quoted in the news release, which did not include a total sales figure or a sell-through rate.

“We are very keen on following this up with another auction in South Africa in 2019,” he added.

1964 Volvo P1800S sells for $37,250

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