Market: Bonhams Olympia achieves strong prices for Aston and Invicta
Prices were a fraction down on last year but the percentage of cars sold was the same – and there were several strong prices achieved
A 1964 Aston Martin DB5 without bumpers, but with engine upgraded and enlarged to 4.2-litres, sold for £462,940 with premium (to the principal of another auction company too!) and boosted the Bonhams Olympia sale total to £3.13m, though that was £280,000 down on the same fixture last year.
The average paid per classic also fell from £71,042 in 2016 to £59,019, though the 60% percentage sold stat was much the same this year as last.
The Bugatti in the sale was not one of the 18 Type 55s built between 1932 and 1935, but a 1990s completed recreation from the workshops of South Trading in Argentina, with Crosthwaite & Gardiner-made engine and running gear, which wasn't registered until 2001. Apparently indistinguishable from an original, the T55 Bug rep was knocked down for the lower estimate and sold for £214,300 with premium.
The oldest car to sell at the historic venue, where so many British Motor Shows have been held, was an 88-year-old Invicta 4½-Litre Six with open accommodation for five by London-based coachbuilder Cadogan. The Meadows-powered 30hp model was first shown to the public in the same hall in October 1928. The auction car, being offered for sale by the deceased estate of only the second owner and requiring re-commissioning before a return to the highway, had been guided at £100,000-130,000, but raised £165,020 with premium.
Top cat in the hall was a left- to right-steering 1961 Jaguar E-type Series 1 3.8 Roadster with preferred, though much less roomy, ‘flat floor’, sold for £149,340, and a 1973 S3 5.3 V12 Roadster with auto shift, which cruised to £57,500 – both correctly forecast.
The MkX Saloon finished in 1961 to the personal specification of Jaguar founder Sir William Lyons had been in receipt of professional restoration from 2015 to 2017, but failed to raise the £50,000 required, whereas a 1951 MkV Drophead, an earlier restoration with 2013 rebuilt 2½-Litre engine, made £68,700 – more than £18,000 better than forecast.
Best performing Prancing Horse, for which there were riders for two out of three of the Italian stallions on offer, was a 2004 UK market 575M Maranello with F1 paddle-shift and ‘Handling GTC’ package, on which £124,700 was bet. A 2002 F360 Spider, stored since 2011 and with only 3600 UK miles from new, meanwhile got hammered for a top estimate £88,000, costing the second owner £100,060 with premium.
Among other noteworthy changes of ownership, a restored and upgraded 1955 AC Aceca with Bristol engine made £91,100 and a previously restored, but now rust-crumbly Fissore-styled 1970 Monteverdi 375L project, rare in right-hand drive, was taken on for £57,500, £27,500 more than had been predicted.
A below estimate bid of £44,000 (£50,600 with premium) was accepted for a well-presented and authenticated ex-works Sunbeam Talbot Alpine Roadster which had been supplied to the Rootes Competition Department for the Alpine Rally that never took place, following the 1955 Le Mans disaster.
Even better value at £40,250 meanwhile was a 1958 Austin-Healey 100/6 BN6 with hardtop that had been re-bodied with ali-panels and had a 3000 block. A 1986 Porsche 928, one of 56 S2 manuals sold in the UK with 26 stamps in the original service booklet, fetched £32,200.
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