Market Intelligence
Christmas gifts from Historics and CCA
Historics and CCA auctions held in the last week of September were successful with similar numbers, as both auction houses utilized a mix of cheap and top-end cars. Historics offered 152 cars, selling 115, with a total estimated value of £4,787,000, while CCA sold 91 cars out of 129 offered with a total estimated value of £1,902,500. Lamborghinis were the top lots at both auctions, with Historics selling the Countach 5000 S for £257,600, far higher than its estimate. Triumph was also the wild card of the market, with all 13 offered Triumphs selling, and seven sold above their maximum estimate.
The sales at Historics and CCA, on the last Saturday of September, were a success thanks to the well-oiled and proven mechanism of the two auction houses: known locations and mix of cheap cars and no overestimated top lots.
With these simple ingredients the numbers were incredibly similar: 75.66% of the cars on offer sold at Historics, 71.09% at CCA which, in terms of value, equates to 71.38% of the estimates for Historics and 77.36% for CCA. Even the number of cars without reserve was similar: 21.71% for Historics and 19.38% for CCA.
