Auction house reports several above-estimate sales
A 1958 Porsche 356 A Speedster and a 1972 Ferrari Dino 246GT led the way as Silverstone Auctions’ posted £2.8 million ($3.7 million) in sales with a 69 percent sell-through rate at its sale this past weekend at the Race Retro show at Stoneleigh Park, England.
The 356 A Speedster was originally sold in New York but later was purchased by a British collector and converted to right-hand drive. It sold for £292,500 ($387,700) at the auction (prices include buyer’s fee).
The Dino, finished in Azzurro Dino paint, was offered with less than 52,000 miles on its odometer and with Ferrari Classiche certification. It sold for £270,000 ($357,880).
Meanwhile, a 2005 Ferrari F430 coupe driven only 19,000 miles since new sold for £115,875 ($153,595).
“Online bidders from all around the world joined a very full auction hall, and multiple cars sold above their pre-sale estimates, which is an incredibly positive result for the market,” said Guy Lees-Milne, general manager of Silverstone Auctions.
Among those cars exceeding expectations were a one-owner 1979 Volkswagen Golf GTi Mk1 that sold for £27,225 ($36,085), a 1964 Elva-BMW Mk 7S with extensive racing history that went for £76,500 ($101,400) and a left-hand-drive 1964 Porsche 356C rally car with 25 years of competition history that brought £69,750 ($92,455).
Silverstone’s next sale is scheduled for May 10-11, the inaugural Heythrop Classic Car Sale and a special Sale of British Marques being held in association with the Jaguar Enthusiasts Club at Heythrop Park in Oxfordshire.