First auction since lockdown!
We haven’t been out to an auction since lockdown and have, like many, stuck to computer screens and descriptions to make assessments.
We are lucky on assessing many of the cars because auction inventories have been like an airport luggage reclaim conveyor belt – if you missed it first time, its sure to appear again soon.
But we remain slightly bemused by the “Seller’s Assessments” – in our experience, an owner’s assessment of their own car varies from excess deprecation that under estimates the worth of the car to unrealistic exaggeration of an old jalopy’s virtues. Either way, not terribly useful. Layer on the General Auction Conditions which offer no liability for any description and the value of the exercise looks very limited.
I think Buyers are now wise enough to seek professional advice on vehicle condition – noticed the likes of David Hyatt of Classic Hangar offering to check the cars at Bicester and at least the partial lifting of lockdown allowed some level of validation. But we can think of many better ways to involve the Sellers in the promotion of their cars than a tick box evaluation.
The auction itself was interesting on several levels – one of them being the way the inventory was presented – in many ways, it suited the new normal insofar as you did not have to sit through a real mix of product, grouping stock in the way they did was quite efficient use of Buyers’ time. From out point of view, it allowed us to miss the bikes, watch the cars through to the Astons and then retire for a refreshing G & T!
One hates to generalise but it was very noticeable that the “No Reserve” cars kept the sales rate up without setting price ambitions on fire – at the same time, those with ambitious reserves either lay unsold or sold below expectations. And it wouldn’t be an auction without the anomalies – hammers coming down at one price and the results page reading something very different.
An example of one of those was one of the Aston Martins – a DB6 with a 4.2 litre engine upgrade, on Saturday afternoon recorded a hammer price of £158,000 and not sold to a results page £146,250 including premium.
But then at this sale, recording a sale on an Aston was an achievement – and it was not the product’s fault but rather the price expectations. Bargain of the day was probably the first of the Astons, a 1954 DB2/4 – a car the Aston Man had valued in the past, she was a nice but tired example, talked down a little by the owner but unusually one that actually made its top estimate at £80,000 (£90,000 with premium).
The V8 Vantage enhanced to X Pack specification was left on the shelf as she was last summer at the Aston Sale and Oscar India met the same fate. At £18,000, the DB7 Vantage was great value for money (£20,250 with premium) as was the DB9 Coupe with the £26,000 hammer recording £29,250 with premium.
Not such good news with the other DB7’s – a Zagato and a Vantage Volante both apparently bid to below their reserves. And one sometimes wonders about the bidding – the Virage Volante was called at £55,000 and not sold but then one of our clients had a follow up call offering the car at just £60,000.
Normal or new normal – some things never change!
|
Bonhams Bicester 30 May 2020 Results |
||||||
|
Lot No |
Car |
Bottom estimate |
Top Estimate |
Top Hammer Bid |
Sold Y/N |
Price with Premium |
|
14 |
1933 Riley Monaco |
No Reserve |
|
£ 13,500 |
Y |
£ 15,187 |
|
15 |
1934 Austin 7 Military Tourer |
No Reserve |
|
£ 8,000 |
Y |
£ 9,000 |
|
16 |
1934 Austin 7 Box Saloon |
No Reserve |
|
£ 6,500 |
Y |
£ 7,312 |
|
17 |
1927 Morris Oxford Flatnose |
No Reserve |
|
£ 9,000 |
Y |
£ 10,125 |
|
18 |
1926 Morris Oxford Bullnose Doctirs Coupe with Dickey |
No Reserve |
|
£ 11,500 |
Y |
£ 12,937 |
|
19 |
1931 Sunbeam 16 HP Doctors Coupe with Dickey |
No Reserve |
|
£ 12,500 |
Y |
£ 14,062 |
|
20 |
1912 Wolesley 16/20 |
No Reserve |
|
£ 28,500 |
Y |
£ 32,062 |
|
21 |
1927 Frazer Nash Boulogne Super Sport |
£ 140,000 |
£ 180,000 |
£ 110,000 |
N |
|
|
22 |
1929 Rolls Royce Phantom 1 |
No Reserve |
|
£ 27,000 |
Y |
£ 30,375 |
|
23 |
1928 Vauxhall 20/60 Fastback with Dickey |
No Reserve |
|
£ 21,000 |
Y |
£ 23,625 |
|
24 |
1935 Bentley 3.5 litre Pillarless Coupe |
No Reserve |
|
£ 52,000 |
Y |
£ 58,500 |
|
25 |
1934 Talbot AV105 3 position Drophead |
No Reserve |
|
£ 55,000 |
Y |
£ 61,875 |
|
26 |
1933 Alvis SA 16.95 Saloon |
No Reserve |
|
£ 23,000 |
Y |
£ 25,875 |
|
27 |
1935 Ford V8 Rumble Seat Coupe |
No Reserve |
|
£ 24,000 |
Y |
£ 27,000 |
|
28 |
1936 Austin 7 |
£ 5,000 |
£ 6,000 |
£ 6,000 |
Y |
£ 6,750 |
|
29 |
1938 Austin Big Seven |
No Reserve |
|
£ 4,200 |
Y |
£ 4,725 |
|
30 |
1936 MG T series Pre-production |
£ 30,000 |
£ 35,000 |
£ 25,000 |
Y |
£ 28,125 |
|
31 |
1939 Alvis Speed Twenty Five |
|
|
£ 48,000 |
Y |
£ 54,000 |
|
32 |
1937 Ford V8 Woody Station Wagon |
£ 22,000 |
£ 26,000 |
£ 20,000 |
Y |
£ 22,500 |
|
33 |
1939 MG WA drophead |
£ 80,000 |
£ 120,000 |
£ 65,000 |
Y |
£ 73,125 |
|
34 |
1936 Ford Model Y Tourer |
£ 4,000 |
£ 6,000 |
Lot withdrawn |
||
|
35 |
1949 MGTC |
No Reserve |
|
£ 20,000 |
Y |
£ 22,500 |
|
36 |
1958 Peugeot 403 Saloon |
No Reserve |
|
£ 2,800 |
Y |
£ 3,150 |
|
37 |
1961 Rover P4 |
No Reserve |
|
£ 5,800 |
Y |
£ 6,525 |
|
38 |
1973 Triumph Spitfire |
No Reserve |
|
£ 5,500 |
Y |
£ 6,187 |
|
39 |
1964 Jaguar Mark 2 3.4 |
£ 28,000 |
£ 34,000 |
£ 25,000 |
Y |
£ 28,125 |
|
40 |
1961 Rolls Royce Silver Cloud II |
£ 16,000 |
£ 20,000 |
£ 18,000 |
Y |
£ 20,250 |
|
41 |
1951 Land Rover Series I |
£ 15,000 |
£ 20,000 |
£ 13,000 |
Y |
£ 14,625 |
|
42 |
1955 Austin A30 |
No Reserve |
|
£ 5,000 |
Y |
£ 5,625 |
|
43 |
1952 Land Rover Series I |
£ 20,000 |
£ 25,000 |
£ 14,500 |
Y |
£ 16,312 |
|
44 |
1949 Allard L Type Tourer |
£ 40,000 |
£ 50,000 |
£ 36,000 |
N |
|
|
45 |
1960 Austin Mini Seven Deluxe |
£ 6,000 |
£ 8,000 |
£ 12,000 |
Y |
£ 13,500 |
|
46 |
1956 Bedford Green Goddess |
No Reserve |
|
£ 13,000 |
Y |
£ 14,625 |
|
47 |
1949 Land Rover Series I 80" |
£ 35,000 |
£ 45,000 |
£ 35,000 |
Y |
£ 39,375 |
|
48 |
1951 Daimler DB18 Empress |
£ 15,000 |
£ 20,000 |
£ 9,500 |
N |
|
|
49 |
1976 Austin Mini |
No Reserve |
|
£ 3,500 |
Y |
£ 3,927 |
|
50 |
1952 Riley RMB Saloon |
No Reserve |
|
£ 4,800 |
Y |
£ 5,400 |
|
51 |
1969 Ford Escort Twin Cam |
£ 50,000 |
£ 60,000 |
£ 44,000 |
N |
|
|
52 |
1971 Ford F350 Transporter |
£ 20,000 |
£ 25,000 |
£ 17,000 |
N |
|
|
53 |
1959 Porsche 218 Standard Tractor |
£ 12,500 |
£ 22,500 |
£ 14,000 |
Y |
£ 15,750 |
|
54 |
1949 Riley RMB Roadster Project |
£ 8,000 |
£ 10,000 |
£ 3,800 |
Y |
£ 2,916 |
|
55 |
1957 Austin A 35 Speedwell Competition Saloon |
£ 15,000 |
£ 20,000 |
£ 12,000 |
Y |
£ 13,500 |
|
56 |
1959 Sunbeam Rapier Competition Coupe |
|
|
£ 7,000 |
Y |
£ 7,875 |
|
57 |
1966 FIAT 850 Coupe |
No Reserve |
|
£ 1,600 |
Y |
£ 1,800 |
|
58 |
1972 BMW 2002 Restomod Saloon |
£ 20,000 |
£ 25,000 |
£ 15,000 |
Y |
£ 18,000 |
|
59 |
1977 Ford RS2000 |
£ 40,000 |
£ 50,000 |
£ 43,500 |
Y |
£ 48,937 |
|
60 |
1984 Mercedes 500 SL |
£ 35,000 |
£ 45,000 |
£ 30,000 |
N |
|
|
61 |
1986 BMW 628 Csi |
£ 5,000 |
£ 10,000 |
£ 4,200 |
Y |
£ 4,725 |
|
62 |
1985 Rolls Royce Corniche Convertible |
£ 40,000 |
£ 50,000 |
Lot Withdrawn |
||
|
63 |
1986 Jaguar XJS TWR Lynx Eventer |
£ 50,000 |
£ 60,000 |
£ 54,000 |
Y |
£ 60,750 |
|
64 |
1987 Ford Sierra RS Cosworth |
£ 55,000 |
£ 75,000 |
£ 45,000 |
N |
|
|
65 |
1988 BMW 635 Csi |
£ 13,000 |
£ 15,000 |
£ 9,000 |
N |
|
|
66 |
1990 Ford Sierra Sapphire Cosworth |
£ 30,000 |
£ 40,000 |
£ 22,000 |
N |
|
|
67 |
1992 Westfield |
£ 6,000 |
£ 12,000 |
£ 6,400 |
Y |
£ 7,200 |
|
68 |
1996 Mazda MX5 |
£ 4,000 |
£ 6,000 |
£ 2,800 |
N |
|
|
69 |
1997 Jaguar XK8 Coupe |
No Reserve |
|
£ 3,100 |
Y |
£ 3,487 |
|
70 |
1991 Range Rover CSK |
£ 25,000 |
£ 35,000 |
£ 24,000 |
Y |
£ 27,000 |
|
70A |
2003 Mercedes Benz SL55 AMG Kompressor |
£ 10,000 |
£ 15,000 |
£ 12,000 |
Y |
£ 13,500 |
|
71 |
1995 Range Rover Vogue Efi |
£ 10,000 |
£ 15,000 |
Lot withdrawn |
||
|
72 |
2000 BMW Z3 Roadster |
£ 4,000 |
£ 6,000 |
£ 3,500 |
Y |
£ 3,937 |
|
73 |
2002 Audi S8 |
£ 4,000 |
£ 6,000 |
£ 2,500 |
Y |
£ 2,812 |
|
74 |
2001 Bentley Arnage Red Label |
£ 14,000 |
£ 18,000 |
£ 14,500 |
Y |
£ 163,120 |
|
75 |
1988 Honda Accord |
No Reserve |
|
£ 950 |
Y |
£ 1,068 |
|
76 |
2003 Mercedes Benz SL350 |
£ 5,000 |
£ 7,000 |
£ 4,200 |
Y |
£ 4,725 |
|
77 |
2004 Bentley Continental GT |
£ 15,000 |
£ 20,000 |
£ 12,500 |
Y |
£ 12,833 |
|
78 |
2004 Mercedes Benz SL500 |
£ 6,500 |
£ 8,500 |
£ 5,200 |
Y |
£ 5,625 |
|
79 |
2000 Porsche 911 996 GT3 |
£ 58,000 |
£ 64,000 |
£ 45,000 |
N |
|
|
80 |
2005 Maserati Quattroporte |
No Reserve |
|
£ 9,800 |
Y |
£ 11,025 |
|
81 |
2005 Porsche 911 996 Turbo S |
£ 54,000 |
£ 58,000 |
£ 42,000 |
N |
|
|
82 |
2007 Porsche 911 997 Turbo Cabriolet |
£ 54,000 |
£ 58,000 |
£ 40,000 |
N |
|
|
83 |
2008 Porsche 911 Carrera S PDK |
£ 29,000 |
£ 32,000 |
£ 20,000 |
N |
|
|
84 |
2008 Jaguar XF |
£ 6,000 |
£ 8,000 |
£ 4,800 |
N |
|
|
85 |
2006 London Taxi |
£ 12,000 |
£ 18,000 |
£ 6,000 |
N |
|
|
86 |
2009 Land Rover Defender 110 |
£ 22,000 |
£ 26,000 |
£ 15,000 |
Y |
£ 17,833 |
|
87 |
2009 Land Rover Range Rover Autobiography |
£ 10,000 |
£ 15,000 |
£ 9,000 |
Y |
£ 10,125 |
|
88 |
2009 Land Rover Defender 110 |
£ 42,000 |
£ 48,000 |
£ 40,000 |
Y |
£ 45,000 |
|
89 |
2010 Lexus RV 450 H |
£ 9,000 |
£ 10,000 |
£ 4,800 |
Y |
£ 4,500 |
|
90 |
1963 Studebaker Avanti |
£ 20,000 |
£ 25,000 |
£ 19,000 |
Y |
£ 21,375 |
|
91 |
1954 Aston Martin DB2/4 |
£ 50,000 |
£ 80,000 |
£ 80,000 |
Y |
£ 90,000 |
|
92 |
1968 Aston Martin DBS |
£ 130,000 |
£ 160,000 |
£ 110,000 |
N |
|
|
93 |
1972 Aston Martin AM Vantage |
£ 75,000 |
£ 85,000 |
£ 65,000 |
N |
|
|
94 |
1978 Aston Martin V8 Oscar India |
£ 120,000 |
£ 160,000 |
£ 105,000 |
N |
|
|
95 |
1979 Aston Martin V8 Vantage to X Pack Specification |
£ 230,000 |
£ 280,000 |
£ 200,000 |
N |
|
|
96 |
1966 Aston Martin DB6 4.2 |
£ 175,000 |
£ 225,000 |
£ 158,000 |
Y |
£ 146,250 |
|
97 |
1993 Aston Martin Virage Volante |
£ 60,000 |
£ 80,000 |
£ 55,000 |
N |
|
|
98 |
1999 Aston Martin DB7 Vantage |
£ 22,000 |
£ 28,000 |
£ 18,000 |
Y |
£ 20,250 |
|
99 |
2004 Aston Martin DB7 Zagato |
£ 250,000 |
£ 300,000 |
£ 210,000 |
N |
|
|
100 |
2005 Aston Martin DB9 Coupe |
£ 25,000 |
£ 30,000 |
£ 26,000 |
Y |
£ 29,250 |
|
101 |
Aston Martin DB7 Vantage Volante |
£ 35,000 |
£ 38,000 |
£ 30,000 |
N |
|
