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Little Classics News: 27 May 2014

Ferrari Dinos Attract Big Bids at Auction

Ferrari Dinos Attract Big Bids at AuctionTwo very special Ferrari Dinos wowed the bidders at Silverstone Auctions’ May Sale, helping achieve a sales rate of 71 per cent and a total sales value of over £1.7million, continuing the run of strong results from the auction house already achieved this year.

Just weeks after the highly successful inaugural Restoration Show Sale, a rather rusty and sorry looking barn find 1973 Ferrari Dino (top and below) sold to rapturous applause, for an astonishing premium inclusive total of £132,250.

1973 Ferrari Dino In polar opposite condition, a recently restored 1971 Ferrari 246 GT Dino, that was the show car at the 1971 Earls Court Motor Show, was successfully hammered away for a premium inclusive total of £250,700, more than £70,000 over its lower estimate.

1971 Ferrari 246 GT DinoHowever, it wasn’t just Ferraris that proved popular with the crowds at the sale, which took place at the Wing, Silverstone.

Proving that Porsche prices are continuing to rise, a 1973 Porsche 911 S 2.4 Targa sold for a premium inclusive £105,800, more than £20,000 over its upper estimate. A 1989 Porsche 911 930 Turbo, with just over 24,000 miles on the clock, sold similarly well, achieving a total of £92,000, nearly £40,000 over its lower estimate.

1973 Porsche 911 S 2.4 Targa Speaking after the sale, managing director of Silverstone Auctions, Nick Whale, said: “These are another fantastic set of results for us and I hope our vendors are as delighted as we are. The team brought together a very exciting catalogue with many of the cars on offer impossible to ignore.”

1963 Fiat 500D ConvertibleSetting a believed new British auction record, a 1963 Fiat 500D Convertible (above) was sold in a frenzied bidding battle for £20,930. From the world of Hollywood came a 1971 Jaguar E-Type Series III V12 Roadster, formerly owned by Gerard Butler, which sold for £60,375 and an unregistered 1990 BMW Z1, with only 197km on the clock, sold for £54,050.

Nick added: “We now look forward to our flagship sale of the year at the Silverstone Classic in July as well as our new sale at Salon Privé in September which are sure to attract some fantastic entries, so I would encourage those looking to sell their classic car to get in touch with us soon.”


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