Archive
09/06/2022
How do you find gold? Historics and Silverstone show how
Auction houses Silverstone and Historics had different profiles for two different types of cars, with 77 and 79 cars sold respectively. Silverstone aimed high, netting £6,813,765 (€7,831,055) in takings with an average sale price of £88,490 (€101,700), while Historics took home £2,712,991 (€3,118,038) or £34,341 (€39,468) per car. Lady Diana's 1985 Ford Escort RS Turbo S1 was sold for £722,500 (€825,000), while a 1998 22B STI went to its new owner for £182,250. An Audi RS2 sold for £75,938 and a 1966 230SL Pagoda that once belonged to Stirling Moss sold for £177,750 (€204,000). The most interesting car was the 1974 Lamborghini Espada S3, sold for £83,768 (€96,155).
09/06/2022
Historics and Silverstone: investment opportunities
The British auctions in May by Historics and Silverstone offered affordable prices and opportunities. A Subaru Impreza P1 set a record by selling for double its estimate, while a 458 Italia was sold for almost half the price of a 458 Speciale. McLaren MP4-12C and hot hatches reached high prices compared to market averages. The last Cooper S Mini sold at Silverstone set a new record. Historics sold 74.48% of 192 cars and generated £4,943,581 turnover, while Silverstone sold 48 lots out of 86 and generated £3,557,783 turnover with higher average prices.
02/06/2022
Mecum wins at Indy
Mecum's recent auction in Indianapolis saw a 27% increase in sales, reaching over $122 million, with a record-breaking sale of 18 Chevrolet Corvette Pace Cars in a single lot for $1.375 million. The auction featured two cars driven by Mario Andretti and Dan Gurney, selling for $2.2 million and $1.375 million respectively. The market for modern hypercars such as the McLaren Speedtail showed signs of saturation, with one going unsold at $2.5 million. Many Fords at the auction, including a 2016 Porsche Cayman GT4, showed considerable growth in value.
27/05/2022
2022. The TCCT Virtual Garage continues to grow
The article describes the purchases made by three different collectors for their car collections at international auctions. The collectors are identified as Mr. Cautious, Mr. Sober, and Mr. Wealthy, who buy cars at different price ranges. The article mentions the specific cars purchased by each collector, including their reasons for buying them. The article also highlights the editorial staff's choice of the most interesting car purchased at recent auctions, which was the 1937 Talbot-Lago T150-C-SS Teardrop Coupe. The article concludes by stating that this is an investment that will yield considerable fruits.
26/05/2022
High fever from Stuttgart to Monaco
The sale of the Mercedes 300 SLR Uhlenhaut coupé for 135 million euros signifies the positive and lively collector's market. Investing in original and carefully selected collector's cars can be a good decision, even if their price is a fraction of this astounding figure. The auctions in Monaco had some interesting results, with the Aston Martin V8 Vantage Volante X-Pack and the 1973 Dino 246 GTS "chairs and flares" fetching record-breaking prices. However, some cars like the Jaguar E-Type S2 Roadster and the 1984 Audi Sport Quattro failed to attract high bids.
19/05/2022
The Monaco Auctions: racing cars race
The historic car auctions in Monaco saw Bonhams and RM Sotheby's competing for the highest prices. RM Sotheby's outperformed Bonhams, selling 47 out of 64 cars with an average price of €634,734. The event saw many successful sales, including Nigel Mansell's two Formula 1 cars, the Ferrari 640 F1 from 1989 and the Williams FW14, which sold for €3,605,000 and €4,055,000, respectively. The 1969 Alfa Romeo 33/3 was another highlight of the auctions, fetching €1,636,250.
12/05/2022
Auctions. Instructions for use.
The Lamborghini Aventador LP780-4 Ultimae, the last model to mount a naturally aspirated V12 engine, was sold for $1,603,125 (€1,525,580) at an RM auction. It also came with a series of virtual "accessories," including an NFT with interesting contents and the possibility to use them on the recently launched metaverse.
05/05/2022
Worldwide at cruising speed
Worldwide's Auburn auction saw 87.04% of the 54 cars sold, making around $4.4m in total, or roughly $94,522 per car. The 1930 Cadillac V16 Series 452 Roadster was the most expensive car, selling for $758,500, while the second-most expensive was a 1936 Auburn 852SC Boattail Speedster, which went for just $283,750 as it had been rebodied. The 1955 Jaguar XK140 Roadster was a mystery sale at $162,400, selling for twice the usual price of similar models. The auction ended with a white over red BMW Z3M Roadster selling for $43,120.
28/04/2022
All cheap. But after?
The Anglia Car Auctions in Kings Lynn, England, had a successful auction with 230 cars out of 270 sold for a total of £1,706,419 (€2,032,640). The auction also included some cars being sold for charity, such as a 1983 Audi 100CS which raised £2,754 (€3,310) for the Lennox Children Cancer Fund. A 2004 Bentley Continental GT with electrical problems and tacky modifications failed to reach its estimated price, selling for £9,828 (€11,818). Other interesting cars included a Fiat Seicento Sporting sold for £860 (€1,034), a 2004 Honda S2000 sold for £12,420 (€14,935) and a 1993 Mercedes-Benz SL320 sold for £5,400 (€6,493).
21/04/2022