Classic Demand Strong at Shannons May 8 Melbourne Auction

09 May 2017

• ’69 GTS 327 Monaro top seller at $210,000

• ‘No reserve’ E-Type makes $205,000

• 13 numeric B&W number plates bring combined $667,000

This trio of early Mazda RX-7 coupes sold for a combined $119,000.

A Holden won the ‘Bathurst race’; a trio of early Mazda RX-7s sold for a combined $119,000; a ‘barn find’ 1972 HQ LS Monaro in need of refurbishment brought $40,500 and the three-digit number plate ‘282’ sold for $170,000.

With total sales of $2.6 million and a vehicle clearance rate of 85 per cent, Shannons May 8 Melbourne auction produced some outstanding results in all categories.

This one family-owned 1969 HK GTS 327 Monaro was the top-selling vehicle at Shannons May 8 Melbourne Autumn Auction, where it brought $210,000.

An auction highlight was the battle for sales supremacy of Australian ‘Bathurst’ icons, with a one family owned and low mileage 1969 ‘Silver Mink’ HK Monaro GTS 327 with several rare, dealer-fitted options eventually selling for $210,000, while a 1971 Chrysler VH Charger R/T E38 coming from long-term ownership brought $165,000.

Equally impressive was the result for a sequence of Series 1, 2 and 3 early Mazda RX-7 coupes – all offered with ‘no reserve’.

The 1981 Series 2 and 1985 Series 3 cars sold to the same online buyer for $37,000 and $27,000 respectively, while a floor buyer purchased the 1980 Series 1 coupe for $55,000.

This ‘no reserve’ 1963 Series I 3.8 litre E-Type Jaguar Roadster presented in beautiful condition sold for $205,000.

Other ‘no reserve’ vehicles to post strong results at the auction included the $205,000 paid for a stunning, former ‘barn find’ 1963 Jaguar E-Type 3.8 Series I Roadster; $41,000 paid for a beautiful and very low kilometre, one-owner 1996 Mercedes-Benz E220 Cabriolet and $33,000 for a 1988 BMW Alpina C2 2.7 Cabriolet – believed to be one of only 60 right hand drive versions built.

This no reserve’ HQ LS Monaro coupe in ‘barn find’ condition comfortably exceeded its high estimate when it sold for $40,500.

Demand was particularly high for Australian-built vehicles, with an older-restored Surf Green 1955 Holden FJ Panel Van selling well above its high estimate for $65,500, while a ‘no reserve’ HQ LS Monaro coupe in ‘barn find’ condition also comfortably exceeded expectation at $40,500. A 1967 Holden HR Special brought $26,500; a 1961 Holden EK Special went for $24,000 and a 1965 Falcon XP Sedan in ‘fair’ condition sold with ‘no reserve for $14,000.

This older-restored 1949 MG TC sold for $46,500 after a protracted bidding duel.

Older sporting vehicles also performed strongly, with an older-restored 1949 MG TC selling for $46,500 after a protracted bidding duel and a restored right hand drive 1930 Buick 30-44 Sport Roadster – also offered with ‘no reserve’ – bringing $62,000.

This immaculate 1932 Model B ‘Hot Rod’ roadster sold for $61,000 at Shannons.

Modified Vintage Fords also sold well with a 1926 Model T ‘Boatail’ Roadster bringing $26,000 after prolonged bidding, while a 1932 Model B ‘Hot Rod’ roadster sold for $61,000.

American Muscle Cars saw a left-hand drive 1966 Shelby Mustang GT350 ‘Hertz’ Fastback bringing $189,000, while a left-hand drive 1969 Mustang 428 SCJ Fastback went for $75,000; a right-hand drive 1964-1/2 Ford Mustang Convertible made $50,000 and a 1967 Chevrolet Impala Pillarless Sedan went for $23,000 – the latter three offered with ‘no reserve’.

This restored left-hand drive 1966 Shelby Mustang GT350 ‘Hertz’ Fastback brought $189,000.

Other vehicles to sell strongly were:

•  A 1978 Ferrari 308 GT4 Dino coupe in good condition and provenance sold for $107,000

• A nicely-restored 1967 Split Window Kombi with a campervan conversion went for $67,000

• A 1961 Morris Minor Traveller Station Wagon in excellent restored condition sold above its high estimate for $27,500

• A stylish 1981 Rolls-Royce Silver Spirit Saloon sold with ‘no reserve’ for $25,000

• An eye-catching 1953 Fiat 500 Topolino Coupe sold for $20,500 after prolonged bidding

• A rare-today 1967 Saab V4 sedan made $16,000.

As in other recent Shannons Classic Auctions, black and white numerical number plates performed very strongly, with the 13 Victorian plates in the auction delivering a combined result of $667,000.

The top three-digit plate sale was $170,000 paid for ‘282’; the top four-digit was $49,000 paid for ‘8.885’ and the top five-digit result was $30,000 commanded by ‘66.999’.

View all May 8 Shannons Melbourne Autumn Classic Auction Results

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