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Little Classics News: 14 April 2014

£1million Worth of Barn Finds Sold at NEC

1958 Jaguar XK150 Drophead Coupe MRThe largest collection of barn finds ever offered in one auction helped Silverstone Auctions achieve an all-time record sales rate of 85 per cent in their £1million total sale at the very first Practical Classics Restoration Show.

A number of fascinating classic cars were sold in the sale which took place at the NEC, Birmingham. British classics sold particularly well including a stunning 1958 Jaguar XK150 Drophead Coupe (top). A true barn find discovered a short while ago in Sicily and repatriated back to the UK, the car sold for a premium inclusive total of £62,100, more than double its lower estimate.

1962 Facel Vega HK500The top seller at the sale was a restoration project 1962 Facel Vega HK500 (above), successfully hammered away for £64,400. An international bidding war saw a rare 1969 Aston Martin DBS Vantage (below) eventually sell for premium inclusive £51,175, more than double its upper estimate. Another DBS barn find, a 1970 V8 Series I, proved equally popular selling for £49,450.

1969 Aston Martin DBS VantageManaging director of Silverstone Auctions, Nick Whale, said: “I’m delighted with the results we’ve achieved for our vendors in the biggest ever auction of its type. If ever proof was needed for the enduring appeal of the barn find then surely these results are it”.

Form the world of TV was a 1981 Daimler Sovereign Saloon that featured in Minder (below), selling for £15,525, whilst the original EastEnders Morris milk float sold for £2,300.

Minder 1981 Daimler Sovereign SaloonAnother frenzied bidding war saw an incredibly low mileage 1983 Fiat X19 Bertone sell for £17,940, more than twice its lower estimate.

“This was a fantastic sale and we look forward to seeing many of the restoration projects brought back to their former glory very soon” added Nick. “But it’s no time to pause. Our next auction, the May Sale, is only weeks away and we are now inviting entries into the sale which takes place at The Wing, Silverstone.”

For the full list of results from Silverstone Auctions’ Restoration Show sale or to find out more about submitting an entry in its upcoming sales, visit www.silverstoneauctions.com.



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