Silverstone reaches top auction results with $20.72 million live-online sale

British company has best results in its history despite remote bidding

0
2941
silverstone
A 1972 Lamborghini Miura SV was the highest-seller | Silverstone Auctions photos

A live-online auction has become the highest-grossing collector car sale in Silverstone Auctions’ history, with total results of £15.8 million ($20.72 million), including auction fees, and a sell-through rate of 76 percent.

The Silverstone Classic Live Online Auction, held July 31-August 1, is being hailed as one of the British company’s most-successful sales despite pandemic restrictions that resulted in a live auctioneer leading the action online with all-remote bidding.

Tipping the auction over the top was the sale of a 1972 Lamborghini Miura SV that went for more than £1.9 million ($2.49 million).  The rare Miura – one of 147 built, one of the final 94 split-sump cars and one of 11 right-hand-drive cars, with just 32,014 documented miles – was the highest-priced car ever sold by Silverstone.

1965 Citroën DS19M Décapotable with Henri Chapron coachwork

“This was our second live online auction and yet another fantastic result achieving a 76 percent sales rate,” Nick Whale, Silverstone Auctions managing director, said in a news release.  “It shows that as an auction house we have successfully adapted to the current times and made them work for everyone concerned.”

Other notable results (with fees) include a 1973 Ferrari Dino 246 GTS, sold for £337,500 ($443,700); a 1995 Porsche 911 RS, sold for £315,000 ($413,000); a 1998 Porsche 911 Turbo S, sold for £264,375 ($346,775); a 1966 Aston Martin DB6, sold for £240,750 ($315,787); a 1958 AC Ace Bristol, sold for £220,500 ($289,225); a 1965 Citroen DS19M Decapotable (convertible) with coachwork by Henri Chapron, sold for £148,500 ($194,786); and a 1995 Sunseeker Tomahawk speed boat formerly owned by actor Roger Moore, sold for £82,125 ($107,722).

silverstone
1998 Porsche 911 (993) Turbo S

Silverstone Auctions’ next sale will be a live event at the Lancaster Insurance Classic Motor Show at the NEC Birmingham on November 13-15.  For information, visit the auction website.

LEAVE A REPLY

Please enter your comment!
Please enter your name here