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Strong sales at Shannons Melbourne July Auction

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PostPosted: Wed Jul 19, 2017 11:54 am    Post subject: Strong sales at Shannons Melbourne July Auction Reply with quote

Enthusiasts splurge on quality Classics and plates at Shannons Melbourne Winter auction

Strong $2.7m-plus sale with excellent 91 per cent clearance rate
Numerical B&W Heritage number plates bring record prices
Australian Muscle Cars in high demand

Enthusiasts were in a spending mood at Shannons Melbourne winter Auction on July 17 – just two weeks after the end of the financial year – investing heavily in European and Australian classic vehicles and collectible Victorian black and white Heritage numerical number plates.

Australian Muscle Cars were particularly popular with the many floor, telephone and internet bidders, with most selling at or above their pre-auction high estimates.

A restored and increasingly collectible 1976 Ford XB GT Coupe finished in Yellow Blaze with black cloth and vinyl trim sold for an excellent $134,000.

Meanwhile, a nicely-presented four-owner Wild Violet with a White interior 1973 Ford XA Fairmont GS Sedan equipped with a K-Code 351 V8 mated to an automatic transmission and a 9-inch differential, brought an excellent $63,000.

The top-selling GM vehicle in the auction was a stunning 1959 Cadillac Series 62 Convertible that was mechanically and cosmetically restored to a high standard over a long period.

Finished in white, with two-tone red and white upholstery, the Cadillac was valued accordingly, selling for $120,000.

One of the auction’s cover cars – a rotisserie-restored and rare in Australia 1969 Chevrolet Camaro Z/28 coupe finished in Daytona Yellow with contrasting black stripes –brought $101,000, a restored and highly-desirable 1972 LJ Torana XU-1 sold for $102,000, while a freshly-painted 1969 Holden Coupe upgraded mechanically with a 350 V8 and auto transmission sold for $64,000 and a 1980 HDT VC Commodore 5.0 V8 Sedan with books and a history file, made $52,000.

The lone Mopar Muscle Car in the auction – a one-owner, well-preserved Chrysler VH Valiant Charger XL – brought $37,000.

Amongst the European Classics, the standout result was delivered by a metallic Silver Green 1979 Mercedes-Benz 6.9 litre 450SEL Saloon in need of paint restoration that was offered with ‘no reserve’, brought the gavel down at an auction record of $66,000 after being pursued by a bevy of floor, on-line and phone bidders.

In other strong vehicle results:

an Australian-delivered 1988 Mercedes-Benz 560SL Roadster in very good condition and a very rare (one of just 193) 1959 Jensen 541R Coupe, both sold for $95,000;
a stately 1926 Rolls-Royce 20HP Saloon in good, restored condition sold for $89,500;
a restored and very appealing 1951 Diamond T truck, resplendent in Texaco livery, brought an excellent $60,000;
a ‘no reserve’ restored 1973 3.0CSi Coupe equipped with the preferred four-speed manual transmission sold on estimate for $53,000;
a beautifully-presented silver with black stripes 2007 RMC Cobra Replica showing just 1,200km on its odometer, sold for $50,000;
a 1974 Citroen DS23 Safari station wagon in good condition sold for $30,500.

Two classic Indian motorcycles topped the two-wheeler sales in the auction, with a circa-1919 Indian Power Plus 1000cc V-Twin Solo with white wall tyres selling on estimate for $50,000, while a mechanically-refurbished 1948 Indian Chief 1200 made $35,000.

Black and white Victorian Heritage numerical number plates again produced exceptional results at auction, with the 12 plates selling for a combined $800,000 – an average of $66,500 per plate.

The five, three-digit plates in the auction all comfortably exceeded previous auction prices, with ‘203’ the top-selling lot of the auction at $170,000, followed by ‘586’ ($116,000), ‘439’ ($114,000), ‘960’ ($98,000) and ‘731’, which brought $83,000.
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