Classic British cars set the pace at the Silverstone Auctions

May 14, 2019 By Mike
Last updated on May 14, 2019
  • Jaguars set the pace with roaring results
  • British Marques, Jensen, Mini and Bentley achieve excellent prices 
  • Automobilia achieves an 81% sale rate

Heythrop Park in Oxfordshire was the stunning new venue for Silverstone Auctions two sales, The Heythrop Classic Car sale and A Sale of British Marques, achieving a combined sale of over £2.1 million on Saturday.

With lots of interest both in the room, online and from around the world and in an unsettled market, a 51% sale rate was achieved with some very strong results for some very exceptional cars.

The Sale of British Marques opened with some very fast and furious bidding, as Jay Kay’s Mini was first off the block and being offered at no reserve. This car had attracted significant interest due to its ownership and unusual specification, a bar in the boot, Chesterfield upholstery and velvet curtains. It sold for an amazing £22,500.

Lot 423, the 1935 Bentley 7.4 litre V12 Special sold for an incredible £106,875, whilst Lot 409, the 1975 Jenson Interceptor Series 3 with just over 9,000 miles on the clock, sold for £62,250.

In association with the Jaguar Enthusiasts’ Club, the Sale of British Marques saw some outstanding cars achieving success with a pair of Jaguar XJ220s leaping to the top, both selling for over £300,000 including buyer’s premium. Lot 410 was the left-hand drive version achieving £303,750 and a new home in Europe, whilst the right-hand version, Lot 429, stayed in the UK and sold for £337,500.

Lot 404 the 1965 Jaguar E-type in original paint sold for £56,625 followed by an almost unrepeatable 1962 Jaguar Mk2 3.8 which had just 8,725 miles on the clock, found a new home for £69,750. Lot 436 the 1964 Jaguar E-type Series 1 which was sold as a restoration project for £69,750.

The Heythrop Classic Car sale which took place earlier in the day, saw Lot 303, the wonderful 1967 Honda S800 which had attracted a lot of interest, sell for £17,325 followed by Lot 304 the 1975 BMW 3.0 CSi achieve £41,625.

Lot 313, the 1978 Ferrari 400 GT Series 1 sold for £41,063 and Lot 316, the 1988 Porsche 911 (930) Turbo Targa G50 which had also attracted a lot of interest both before the sale and on preview, sold for £78,750.

The Automobilia sale which opened proceedings achieved a fantastic sale rate of 81% with some very notable sales. The collection of signed photographs, Lot 142, sold for £1,560 and Lot 110 the multi-signed race helmet achieved a price of £1,320. Lot 106, the 1970 Beckmeter Shell fuel pump sold for a staggering £4,080.

Arwel Richards, Auction Manager for the sale commented: “It was the first time that we staged a sale at Heythrop Park and the glorious setting matched the quality of the cars we had on offer. The two XJ220s we sold showed that the market still appreciates rare and low mileage cars, with the 8,000 mile Jaguar MkII 3.8 smashing its estimate is another example.”

“As one of the few auction houses that offers immediate “buy it now” prices for cars that don’t sell under the hammer, the sales team worked throughout Saturday evening and Sunday and sold a number of cars in post-sale deals. In a market that is challenging, but showing signs of growth, we have adapted and implemented strategies to ensure we still provide the best service to vendors and buyers.”

Prices quoted are inclusive of premium and exclude VAT