Rival bidders drive top prices and clearance in Shannons Timed Online Spring Auction
Heavy competitive bidding in its final minutes took Shannons Timed Online Spring Auction to an impressive $8.5 million result, with 94 per cent of all lots sold.
Absolute highlights include the prices paid for two iconic restored Australian V8 Supercars, with $373,500 achieved for a Ford XW Falcon GT-HO Phase II Sedan and $301,000 paid for a three-owner 1968 Holden HK Monaro GTS 327 Coupe – both as the result of final hour duels between determined rival bidders.
However, the top selling vehicle of the auction was an immaculate red 1989 Lamborghini Countach 25th Anniversary Coupe, which sold for $490,500 after late competitive bidding.
Equally impressive was the $146,000 paid for a fabulous, right hand drive-converted and Maserati V6-engined 1973 Citroen SM and an Australian auction record $80,500 achieved by a stunning 1970 Mini Cooper S Mk II. Supporting these results were the $57,500 paid for a 1974 fuel injected Citroen DS23 Pallas and $39,500 given for another 1970 Mini Cooper S Mk II.
British sports cars also produced outstanding results, with $66,500 paid for a 1962 MGA 1600 MkI Roadster restored to MkII specification; $104,000 achieved by a restored 1958 Austin-Healey 100/6 BN4 Roadster and $57,500 for a beautiful 1955 Triumph TR2 Roadster.
The three early aircooled Porsches in the auction all produced great results, with a beautiful Australian-delivered 1971 911E 2.2 Sportomatic coupe realising $225,500; a 1969 911T 2.0 Sportomatic coupe in ‘project’ condition brought an excellent $115,000 and an early four-cylinder 1965 912 coupe sold for $93,000.
German Mercedes-Benz SL models continued to post strong results, with a classic 1968 280SL Convertible selling for an impressive $189,000; a 1998 SL500 R129 Convertible bringing $72,000 and a 2003 SL500 W230 Convertible also exceeding its pre-auction high estimate at $64,000.
Amongst other good results for German cars, a beautiful, Australian-delivered 1962 Volkswagen Karmann Ghia Type 1 Coupe made $62,800; a South African-delivered, right hand drive 1970 Volkswagen Beetle Karmann Cabriolet sold for $38,000; a 1976 Kombi Camper Van went for $46,500 and a beautiful, fully-restored and an on-trend Queensland-built Meyers Manx Beach Buggy achieved $35,000.
Of the nine Japanese sporting cars, the surprise result was the $33,500 paid for a rare 1992 Autozam AZ-1 Turbo gull-wing door micro car that was expected to sell in the $16,000-$22,000 range, while a 2000 Mitsubishi EVO 6.5 ‘Tommi Makkinen’ sedan and one of the 100 Australian-delivered Nissan Skyline R32 GT-R coupes each sold for $91,000.
The standout result of the classic American cars in the auction was the $256,000 paid for a right hand drive-converted 1968 Shelby Mustang GT500 Fastback, with $130,000 given for an immaculate 1960 Chrysler 300F Coupe and an excellent $82,610 paid for a spectacular left hand drive 1961 Cadillac Series 62 Convertible.
The 22 motorcycles in the auction also saw some strong results, including $45,000 paid for a 1953 BMW R68 motorcycle, $37,750 given for a rare ‘sand cast’ 1969 Honda CB750 KO; $27,500 for a 1975 Kawasaki H2C 750cc three-cylinder superbike and $30,500 for a British 1937 AJS V-Twin 37/2 990cc motorcycle.
Black and white New South Wales and Victorian numberplates continued their popularity with collectors unabated, with all three-digit plates achieving more than $220,000, with the top price being $344,944 for VIC ‘247’. The top four-digit result was $180,500 for the VIC plate and birth year ’1.992’.
To talk to a Shannons Auction Team member, call the 13 46 46, Option 6 (Auctions).