Latest market commentary from CCFS auction analyst Richard Hudson-Evans 13 January

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From the 74 auctions that I personally attended on the old world side of the Atlantic pond in 2011, fellow market watchers may like to peruse the top 40 prices from the 3512 results logged. The selling auctioneers are in brackets, whilst, as is custom and practice in the auctions business, the figures listed do include buyers premium, but not VAT or local equivalent charged on the premium element of the price.


1955 Ferrari 375MM (RM) £2,923,200


1938 Talbot-Lago T150-C SS Figoni & Falaschi Teardrop (RM) £2,728,320


1957 Ferrari 500TRC Scaglietti Race-Sports (RM) £2,436,000


1959 Ferrari 250GT California Long Wheelbase Spider (RM) £2,192,400


1967 Lamborghini Marzel Concept Car (RM) £1,315,440


1957 Mercedes-Benz 540L A Cabrio (RM) £1,218,000


1937 Mercedes-Benz 540K A Cabrio ex-Ecclestone/Heselden Collections (Coys) £848,500


1953 Austin-Healey 100S Special Test/Le Mans Sports (Bonhams) £843,000


1933 Bugatti T51 GP ex-Lord Raglan (Bonhams)            £792,120


1938 Delahaye 135 MS Figoni & Falaschi Coupe (RM) £722,100


1939 Delahaye 135 MS GS Figoni & Falaschi Roadster (RM)  £682,080


1970 Lancia Stratos HF Zero Concept Car (RM) £662,592


1968 Ferrari 275GTB/4 (Artcurial) £655,330


1957 BMW 507 Roadster (RM) £633,360


1966 Porsche 906 Carrera Far East raced (Bonhams) £627,900


1931 Bentley 8-Litre VdeP Replica 4-Seater Tourer (Coys) £595,500


1971 Ferrari 365GTS/4 Daytona Spider(Bonhams) £595,500


1954 Aston Martin DB2/4 Bertone Competition (RM) £584,640


1964 Alfa Romeo TZ Competition-Coupe (RM) £545,664


1930 Bugatti T46 Veth & Zoom Faux-Cabrio (Bonhams) £531,300


1929 Bentley 4½-Litre Le Mans VdP-style 4-Seater Tourer (H&H) £528,000


1974 Lamborghini Bravo Bertone Concept Car (RM) £511,560


1963 Aston Martin DB4 SV Vantage Convertible (Bonhams) £507,500


1955 Mercedes-Benz 300SL Gullwing Coupe (Bonhams) £490,245


1908 Rolls-Royce Silver Ghost Labourdette Roi des Belges Tourer (Bonhams) £485,500


1937 Bugatti T57C Atalante Coupe (Artcurial) £477,540


1929 Bentley Speed Six Le Mans VdeP-style Tourer (RM) £470,400


1935 Hispano-Suiza J12 Cabriolet de Ville (RM) £462,840


1931 Minerva 8 AL Convertible-Saloon (RM) £457,968


1931 Invicta LS 4½-Litre Low Chassis Coupe (Artcurial)


£440,580


1929 Rolls-Royce Phantom I Springfield TB (RM) 438,480


1957 Mercedes-Benz 300SL LHD Roadster (Artcurial) £435,013  


1965 Aston Martin DB5 Vantage Radford Estate (Bonhams) £430,500


1925 Bugatti T35B (Bonhams) £430,500


1955 Mercedes-Benz 300SL Gullwing Coupe (Coys) £430,500


1937 Mercedes-Benz 540K Cabrio C (Bonhams) £425,040


1955 Mercedes-Benz 300SL Gullwing Coupe (Bonhams) £425,000


1911 Rolls-Royce Silver Ghost Ceremonial (Bonhams) £419,500


1955 Bentley R Continental Franay (RM) £413,250


1992 Rolls-Royce Phantom VI MPW Landau (Bonhams) £405,720


 


CELEB CLASSICS TOP 10


 


VIP ownership continues to be a value enhancing factor when a collector vehicle comes up for auction. Here are the 2011 ‘Top 10’ classics with celeb provenance to change hands at auction.


1954 Aston Martin DB2/4 Bertone Drophead ex-Innes Ireland (Bonhams) £606,500


1961 Aston Martin DB4 Vantage LHD Convertible ex-Peter Ustinov (RM) £431,200


1964 Aston Martin DB5 ex-Beatle George Harrison (Coys) £342,500


1955 Aston Martin DB2/4 Mk1 2+2 Coupe ex-King Baudouin of Belgium (Bonhams) £280,140


1967 Iso Grifo ex-Mike Hailwood £176,440


1960 Zil 111 Parade Convertible ex-Nikita Khrushchev (Artcurial) £154,140


1981 DTV Vauxhall Chevette HSR rallied by Tony Pond and Russell Brookes (H&H) £63,270


1971 Vauxhall Firenza raced by Gerry Marshall (Bonhams) £47,700


1975 Rolls-Royce Silver Shadow LWB ex-Princess Margaret (Bonhams) £21,850


1967 Austin A35 Budgie Transport Van with windows ex-James Hunt (Silverstone) £14,300!


 


NOTABLE BLIPS ON NUMBER CRUNCHERS RADAR


 


Several marque and model significant prices were paid in the salerooms during 2011, many quite extraordinary valuations and some of them new auction records. Among the more notable blips on my radar were these results.


1969 BMW Bertone ‘Spicup’ Concept Convertible/Coupe (Bonhams) £400,000


1968 Bizzarrini 5300GT Strada (RM) £348,000


1958 Mercedes-Benz 300SL Roadster with hardtop for improvement (Coys) £337,000


1956 Porsche 356A 1500GS Carrera LHD Speedster (Artcurial) £304,884


1911 Delaunay-Belleville 25hp HB6 Rothschild Landau (Bonhams) £241,500


1973 Porsche 911 Carrera RS 2.7 Lightweight RHD Coupe (Bonhams) £221,500


1938 Peugeot 402 Darl’Mat Roadster (Artcurial) £218,820


1959 Jaguar XK150 3.8S Roadster (RM) 201,600


1983 Lancia Rallye 037 Stradale (Artcurial) £172,620


1937 Bugatti T57 Gangloff-bodied Saloon for restoration (Bonhams) £166,500


1956 AC Bristol Sports (H&H) £155,400


1961 Aston Martin DB4GTZ Shapecraft Replica Coupe (Historics) £155,100


1969 AC 428 Coupe (Silverstone) £136,400


1991 Ford RS200 Evo Coupe (Coys) £123,600   


1950 Healey Silverstone Sports (H&H) £121,000


1961 Morgan Plus 4 Le Mans Sports (Silverstone) £120,000


1912 Charles Burrell Traction Engine (Cheffins) £120,750


1962 Jaguar E Type S1 3.8 Roadster (Bonhams) £100,500


1986 AC Cobra MkIV LHD Sports (H&H) £81,400


1913 Isotta Fraschini 14/18hp FC 4-Seater Tourer for restoration (Bonhams) £78,500


1954 Sunbeam Alpine Harrington Le Mans Coupe (RM) £64,960


1954 Kieft 1100 Climax Race-Sports (H&H)£57,200


1954 Allard Palm Beach Mk1 Sports (Bonhams) £52,100


1965 WSM Austin-Healey 3000 Coupe for restoration (Brightwells) £49,500


1962 Daimler SP250 B-spec ‘Dart’ Police Car (Historics) £43,450


1962 Alfa Romeo Giulietta Sprint Speciale Bertone Coupe (Barons) £42,900


1927 Amilcar CGS Surbaisse Long-Tail Sports (Richard Edmonds) £42,900


1964 Austin-Healey 3000 Mk3 Sports (H&H) £41,800


1959 Triumph TR3A LHD Sports (RM) £36,960


1959 Austin-Healey 100/6 Jamaican Fibreglass Coupe (Art curial) £33,810


1962 Triumph TR4 LHD Sports (RM) £33,600


1968 Ford Escort Twin Cam (H&H) £33,000


1933 Rover Fourteen 4-Seater Tourer (Richard Edmonds) £33,000


1942/3 AEC Mk2 Type 0854 2500kg WW2 Dambusters Fuel Bowser (Richard Edmonds) £19,250


1987 Mini Moke (Bonhams) £19,020


1966 Alfa Romeo 1300GT Junior (Anglia) £17,325


1966 Wolseley Hornet Heinz Crayford Convertible flood damaged restoration project (Bonhams) £13,800


1958 Austin Metropolitan Mk2 (Cheffins) £12,810


1950 Land Rover S1 80ins Utility (Brightwells) £12,100


1960 Brittania GT part restored (H&H) £9020


 


In so many cases, it is only the public auction process of bidders having to make up their minds to bid or not whilst a lot crosses the block that can establish the ‘real world’ value of something.


Any collector vehicle may have fetched more in some other auction on another day, of course, but those interested parties who were prepared to show their bidding numbers to the auctioneers the first time round may not necessarily be prepared to do so again. And that split-second buying moment when a vendor can cash in their classic metal may have passed, if not forever, for the foreseeable future. For public auctions are all about both vendors and buyers being decisive.


May the winning bid be with you in the 2012 sales, which kick off again this Saturday under the Coys hammer during the Autosport Show at the NEC in Brum. My well travelled quill pen is sharped in readiness for another season’s scribing! RH-E