Records set and Beaten at Silverstone Auctions Classic Sale
The Silverstone Auctions sale at the Lancaster Insurance Classic Motor Show, at the NEC, Birmingham, set records for Porsche prices in the UK. Among a host of rare, interesting old and modern classics, a Porsche 930 Flachbau (flat nose) went for the highest price – ever!
After a fierce bidding war, a 1985 Porsche 911 (930) Turbo SE Flatnose, the first UK car, sold for a new world record auction price of £202,500. However it didn’t last long as just half an hour later a right-hand drive 1989 Porsche 911 (930) Turbo Flachbau was offered, this time in Guards Red, selling for £211,500 and a new world record price. Bearing in mind its £130,000 – £150,000, the final sale price was quite remarkable.
In fact the highest value lot sold during the auction was also a Porsche. A highly collectible 1957 Porsche 356A T1 Speedster sold for £306,563 – almost £100,000 over the record-setting price of the 930 Turbo flat nose.
Despite the remarkable prices achieved by these very notable Porsches, for the most part the auction lots went for at or around their guide price. A US import 1967 912 in Irish Green with just 41,330 miles on the clock went for £29,250 – around £5 grand over its upper estimate; a similarly specc’d 1968 912 in Gloss Black went for £28,688 – less than £1k over upper estimate and a 912 Targa in Guards Red went for bang on estimate at £22,500.
Transaxle Porsches were also on sale during the auction, which occurred across the 12th and 13th of November. A 928 S4 from 1988 in Slate Grey with just 18,500 miles on the clock beat its upper estimate of £45,000 by selling at £49,500. A 1991 right-hand-drive 944 Turbo Cabriolet in rare manual form looked immaculate and sold for a strong £24,188.
For a full breakdown of the car sold and what they achieved, visit: http://bit.ly/2eBHqOZ