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Historics

15 May 2021

The results from Historics Ascot sale which took place yesterday are now available. There were some interesting estimate beating results such as the £40,752 paid for a 1970 Alfa Romeo 1750 GT Veloce (estimated at £25,000 - £30,000). This model along with the later 2000 GTV have been flying higher with prices paid and asked regularly exceeding £40k now. A 1961 Jaguar Mk. II (2.4 Litre) made £17,920 which was a little higher than the top estimate of £17,000. We think it is interesting as the 2.4 cars struggle to make much above the £10,000 mark and we believe these under rated cars are playing catch up with the their larger engine brothers, the 3.4 and 3.8 cars which are still rising in value. The inflation trend in all Alfa Romeo models seems to be continuing and a restoration no reserve 1967 Alfa Romeo Spider 1600 Duetto made a very strong £35,092. It was encouraging to see that there remains plenty of demand for pre war Rolls Royce with a 1934 Rolls-Royce 20/25 by Atcherley beating its estimate by some margin with a final price of just under £50,000 compared to the top estimate of £44,000. A left hand drive 1958 Jaguar XK150 SE Roadster made £92,960 against its estimate of £65,000 - £80,000, and it seems XK values are starting to bounce back. Another Italian marque in the ascendency is Lancia with a 1973 Lancia Fulvia HF (1.6 litre) making just under £50k compared to its estimate of £39,000 to £45,000. This car had been the subject of a £60,000 restoration. A 1973 BMW 3.0 CSi made £52,640 against estimate of £42,000 - £46,000. A no reserve 1960 Alfa Romeo Giulietta Sprint Speciale by Bertone made a strong £78,400. The car was a a former concours winner that had fallen into a state of disrepair but appears tobe a straight forward restoration. A 1971 Mercedes-Benz 230 SL Pagoda which was a partially completed restoration with still much to do including engine work stormed past its estimate of £29,000 - £36,000 to make a wapping £94,080. Clearly someone felt there was still plenty of room to finish the car even on this toppy valuation. A Porsche 911 SC with a believe 9,000 miles on the clock was always going to do well and achieved £57,732. Finally a 1972 Triumph TR6 made just over £30k against its top estimate of £26,000. We do appear to be moving closer to a world of TR6 regularly making closer to £30,000 now. It wasn't that long ago that £15,000 was deemed to be expensive for one of these!