Does Coys’ docket inject disruption into ‘sensible’ auction market?

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A 1995 Lotus Elan M100 S2 was accepted on behalf of the Prince’s Trust by Prince Charles. It was produced to celebrate the 50,000th car to come out of the Lotus factory and was signed by a number of employees | Coys photos

Proclaiming that the classic car marketplace “has reached a new and encouragingly sensible level,” Chris Routledge, managing director for auction house Coys, rolled out the docket of cars which Coys touts for their “connections to royalty, government, sport and show business” that will be offered up for bidding at his company’s next auction.

That sale is scheduled for February 16-17 as part of the London Classic Car Show.

Purchased for Cella Black, this Mini was upgraded by Wood & Pickett of Abbey Road with solid black paintwork, extended wheel arches, complete Margrave leather interior and walnut dashboard. It has been recently restored

“The classic car market has reached a new and encouragingly sensible level,” Routledge was quoted in Coys’ news release. “Sales volumes are increasing as a result of sensibly priced cars being offered to the market at a price to sell. There is increasing optimism despite the uncertainty over Brexit.”

But it would appear Coys docket is designed to disrupt such sensibility with its push for celebrity provenance that tends to inflate prices.

“We have a spectacular auction,” he said, adding that the cars with royal or entertainment history are “the icing on the cake.”

But does Coys want to have its cake and eat it, too? 

Bidders will decide regarding vehicles such as a 1995 Lotus Elan M100 S2 formerly part of Prince Charles’ Prince’s Trust, a 1967 Vanden Plas Princess R formerly used by British prime minister Harold Wilson, a 2007 Range Rover Sport that was owned by soccer star David Beckham and a Mark IV Mini 1000 purchased new by songwriter Bob Willis for his wife, entertainer Cilla Black.

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Also on the auction docket are a 1959 Maserati Tipo 60/61 “Birdcage,” a 1962 Aston Martin DB4 Series V and a 2005 Porsche Carrera GT.

 

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A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the Web and becoming the author of more than 15 books. In addition to being Editorial Director at ClassicCars.com, Larry has written for The New York Times, writes a weekly automotive feature for The Detroit News and is an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

1 COMMENT

  1. There is little doubt that a vehicle owned by a famous entertainer or motorsports champion will command a higher price. However, government royalty?? Not nearly as much. I would rather have Steve McQueen’s Persol sunglasses than a former PM’s limo.
    Just my humble opinion 😊

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