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HomeThe MarketAustralian bidders claim cars at Gosford museum sale

Australian bidders claim cars at Gosford museum sale

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More than 2,000 people showed up for the deaccession auction this week at the Gosford Classic Cars Museum auction in Australia, where government officials claimed the combined museum and sales showroom had not paid the full taxes the Australian Tax Office said were due.

According to the Australian website whichcar.com.au, the top sales of the auction were $1.55 million for a 1964 Aston Martin DB5, $650,000 for a 2016 Porsche 911 R, $510,000 for a 2006 Ferrari Superamerica, $500,000 for a 1985 Lamborghini Countach 50000 QV and $455,000 for the 1997 Aussie Invader III land speed-record jet car. Those prices are in Australian dollars, which are worth 71 cents each in U.S. dollars.

Gosford museum, Australian bidders claim cars at Gosford museum sale, ClassicCars.com Journal
In 1997, this Aussie Invader III jet car competed for the land speed record

On the Gosford Classic Cars Facebook page, the company quoted its spokesman, former Formula 1 racing champion Alan Jones, saying, “Proof that the Australian market is really strong came with only 2 international bidders successfully winning cars. It proves that Aussie car collectors value their classic cars and heritage.

“The cars got what they deserve in a fantastic event which served as a true send-off in what was an emotional day of mixed feelings for both Lloyds Auctions and the Gosford Museum.”

“With the majority of bidders being Australian it is safe to say that enthusiasts nationwide are extremely proud and passionate people fighting to keep their beloved cars in their country where they can enjoy them,” the Gosford Classic notice continued.

“A massive thank you to all our staff, the community for the support over the past few years and of course Lloyds Auctions for the amazing work they have done in getting these incredible results for our beautiful cars.”

Larry Edsall
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 automotive books. In addition to being founding editor at ClassicCars.com, Larry has written for The New York Times and The Detroit News and was an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

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