• March 19, 2024
 Silverstone Auctions Celebrate a Phenomenal £9.2m worth of Sales at Their NEC Classic Motor Show Auction

Silverstone Auctions Celebrate a Phenomenal £9.2m worth of Sales at Their NEC Classic Motor Show Auction

This past weekend, specialist automotive auction house Silverstone Auctions, returned to NEC Classic Motor Show for their tenth time as the ‘Official Auction Partner’. As the final hammer fell, the company recorded a staggering £9.2m worth of collective car, motorcycle and automobilia sales; with an impressive 83% sales rate.

The three-day auction commenced on Friday with a dedicated motorcycle sale, the first ever Silverstone Auctions have done at the NEC Classic Motor Show. One hundred impressive motorcycle examples were offered up for sale, with over 81% of lots selling, achieving over half-a-million pounds. An assortment of adventure bikes, café racers, scooters and sidecars all featured, but several rare and historically significant lots caught the bidder’s attention. The standouts being an immaculate 1939 Brough Superior SS80 with Alpine Petrol Tube Side car, selling for £61,875 and a 1946 Indian Model 346, which sold for £24,750.

Saturday and Sunday’s car auctions garnered the interest of thousands, with people watching the sale in the room, via the Silverstone Auctions website and from other bidding channels. Significantly, over 1500 bidders registered for the event, with some placing bids from as far as Australia, the United States and the Cayman Islands.

The car sale began on Saturday with a special charity lot, a 1979 VW Type 2 Camper Van, which was meticulously restored over three years. The project was coordinated by Practical Classics Magazine and Lancaster Insurance Services. The vehicle was purchased for a generous £15,750, with all proceeds going to their charity partner Prostate Cancer UK.

The atmosphere throughout both days of the car auction was sensational. Sales were relentless throughout the weekend, with many lots achieving or exceeding the stated estimates. Offered early on the Saturday was the Williams F1 ‘Red 5’ FW14 Display Car, thought to be the only surviving genuine factory build display car in existence. Sold at ‘No Reserve’, the car achieved an impressive £154,125. Later, a white 1987 Ford Sierra RS Cosworth, with just 5,545 miles on the clock, sold for an astounding £103,500.

TV personality Mike Brewer was delighted to see all five of his vehicles sell, with the 1972 Citroen SM 2.7 purchased in the room for £41,062. The bidding concluded with a round of applause and a handshake from Brewer himself. The Mike Brewer Collection sold for a total of £230,000.

The star cars of the show though were undoubtably the stunning 1967 Ferrari 330 GTC, selling for an astonishing £540,000 and the 1937 SS100 Jaguar 2½-Litre Roadster, sold on the Sunday for £281,250. The latter vehicle is regarded as one of the most sought-after pre-war sports cars in existence.

Automobilia sales across the weekend also generated £180,000 worth of sales, with a dozens of collectables, pictures, watches and number plates crossing the block – many achieving well over the top estimates.

Commenting on the auction weekend, Nick Whale, Silverstone Auctions’ Managing Director stated,

‘I am delighted with how the weekend went. There was a fantastic atmosphere in the room; a real buzz, something we really missed last year. I am happy we could sell so many fantastic vehicles on behalf of our venders; no doubt the buyers are just as thrilled with their purchases. We are already looking forward to a busy, successful year in 2022.”

Silverstone Auctions will return next year, with the first event taking place in late February. All the car, motorcycle and automobilia results for The NEC Classic Motor Show are available to view via the Silverstone Auctions website. Classic cars and collector motorcycles are now invited for auction next year, the Silverstone Auctions team can be contacted on 01926 691141.

All sold prices included within this article are inclusive of the final hammer price and buyer’s premium of 12.5% for cars and bikes, and 20% for automobilia.

 

This article was submitted to be published by Silverstone Auctions as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.

Silverstone Auctions

https://silverstoneauctions.com/

Silverstone Auctions Formed in 2011, Silverstone Auctions is a world-class, specialist auction house for the sale of classic cars, modern supercars, all types of competition cars, modern and historic motorcycles as well as automobilia. In 2020 we sold £32.3million worth of cars and The Silverstone Classic Live Online Auction was our highest grossing sale in the history of the company. Following the success of the company, The Silverstone Auctions group became the UK's market leading classic car auction house in 2020. We hold the exclusive automotive auction rights for Silverstone Circuit where we host several stand-alone events each year, as well as our annual headline sale as part of the Silverstone Classic, the world’s biggest classic motor racing festival. In addition to our sales at Silverstone Circuit, we also host several auctions each year at other major classic car events, including the NEC Classic Motor Show and Race Retro. At present, the events have been unable to go ahead in their typical format, but we have continued to work closely with each of these event partners for online versions. Over the years we have also been selected by several the UK’s official owners’ clubs to hold marque-dedicated sales, including the highly regarded Ferrari Owners’ Club of Great Britain, Jaguar Enthusiasts’ Club and Porsche Club Great Britain. With years of market expertise and specialist knowledge of the world’s vintage and modern car brands, our team works hard to provide accurate valuations and connect vendors and buyers across our global customer base. We are committed to providing the best possible service for both buyers and vendors alike, so if you’d like to know more about selling or buying with Silverstone Auctions, then please do get in touch by calling the expert team on 01926 691 141, email: enquiries@silverstoneauctions.com or visit their website.   Tel: 01926 691141 Email: enquiries@silverstoneauctions.com