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HomeCar CultureCommentarySotheby’s initial online-only sale exceeds expectation

Sotheby’s initial online-only sale exceeds expectation

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Sotheby’s and RM Sotheby’s seems delighted by the fact that its initial online-only collector car auction exceeded expectations this week when a 1967 Austin-Healey 3000 MKIII BJ8 sold for $92,000.

The pre-sale estimate for the one-lot auction was $60,000 to $70,000. The Hagerty valuation guide says such a car would be worth nearly $80,000 in “excellent” condition and as much as $121,000 in “concours” quality.

“The car drew strong global bidding activity from day one of the nearly two-week auction,” the companies said in announcing the final sales price.

“Beautifully restored by marque specialists and fully sorted, the numbers-matching Austin-Healey joins its new owner presented in its original combination of Ivory White over black, true to the way it left the factory, save for a couple of tasteful modifications.”

Next up for bidding is this 2005 Porsche 911 Turbo S

In announcing the results of its first online-only single-lot sale, Sotheby’s and RM Sotheby’s revealed that the next such auction is under way, with bidding beginning on a 2005 Porsche 911 Turbo S cabriolet, one of fewer than 963 produced.

“The 911 Turbo S Cabriolet is finished in very desirable black with a black convertible top, color-matched removable hardtop, and an interior likewise upholstered in full black leather,” the auction companies said. 

“The all-black color combination is accented by factory wheels with Porsche center caps and yellow painted calipers. The car presents very well throughout and shows just 13,400 miles on the odometer. With its rear engine design and all-wheel-drive application, it is capable of reaching 60 mph in less than four seconds, with a top speed of 190 mph. This model marks the final Turbo S Cabriolet available with a proper six-speed manual transmission, making it a true driver’s car, as the 911 was meant to be.”

Bidding ends at noon (EDT) on June 3.

For more information, see the Sotheby’s website.

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Larry Edsall
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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