Silverstone Auctions final sale of 2020,Â The NEC Classic Live Online Auction, was another huge success with a sales rate of 78% and Â£8million in sales.
Day one of the sale opened with an automobilia auction of which theÂ private registration number O 10Â was offered for the first time since 1902 and sold for an incredible Â£128,800. The first car to cross the block was aÂ No Reserve 1980 Volkswagen Golf Mk 1 GLDÂ which amazingly, had just 738 miles on the clock, and sold for Â£15,570. Shortly after, a superbÂ 1988 Porsche 928 SEÂ which had covered just 10,325 miles from new and was one of just 42 UK, right-hand drive cars, achieved a world record auction price, selling for Â£129,375.
Some of the other highlights from the Friday sale include theÂ 1971 De Tomaso Pantera (Pre-L)Â which sold for Â£67,500, Lot 242 the matching numbersÂ 1956 Jaguar XK140 3.4 SE Roadster ManualÂ sold for Â£83,813 and quite unexpectedly theÂ 2008 Damon Astoria Pacific Edition 3772 Motorhome, which saw quite the bidding battle, eventually sold for Â£79,875.
Nick Whale, Silverstone Auctions Managing Director commented, â€œThis is another great result for Silverstone Auctions, we have had a great year after quickly adapting to ensure we could safely operate during the global pandemic. The Live Online format is safe for everyone involved; our vendors, buyers and of course the team.â€
The second day of the sale opened withÂ The Sir Stirling Moss OBE Collection, a unique and exceptional collection of personal items belonging to the late British racing icon, complemented by selection of limited edition collectables. Two of the stand out Lots includeÂ the solid gold twin bar watch band which Stirling wore for 38 yearsÂ which sold for Â£67,850 and theÂ period Patey race helmetÂ which sold for Â£37,950.
Mike Brewer then took to the rostrum to assist with the sale of the first car on Saturday, a lovelyÂ 1995 Rover Mini Cooper â€˜Monte Carloâ€™. This was being offered to raise funds for the charityÂ Sporting Bears Motor Club, of which Mike is a patron. The car sold for an amazing Â£37,125, all of which will go to the charity and in turn, the childrenâ€™s hospitals that they are fundraising for.
The auction continued to go from strength to strength, Lot 434 theÂ 1982 Renault 5 Turbo Group 4Â sold for Â£337,500, theÂ 1980 BMW M1 (E26)Â with period provenance sold for Â£382,500 and theÂ 1953 Alfa Romeo 1900 Speciale (sixties recreation)Â sold for double its pre-sale estimate, at Â£166,500.
Nick continued â€œThere were a lot of highlights in this two-day auction, from the Sir Stirling Moss Collection, to the record breaking 928 SE price and not forgetting raising over Â£37,000 for charity with Mike Brewer â€“ a great way to end 2020.â€
Following the same format as much of the rest of the year, the Live Online Auction was closed on the sale days and bidding took place online, by phone or via commission. The auction was livestreamed via YouTube and you can visit theÂ Silverstone Auctions YouTube channelÂ to watch the auctions if you didnâ€™t catch them at the time.
Silverstone Auctions are now preparing for 2021 and their first sale of the year will beÂ The Race Retro Live Online Auction. Both classic and competition cars are now invited, get in touch with the team on 01926 691141 to submit your entry for the sale which takes place on the 26 â€“ 27 February 2021.
*Article Source http://www.silverstoneauctions.com