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Historics

20 May 2017

Historics latest sale shows the market to be in reasonably good health as we approach the mid year mark. There were one exceptional result which was the £156,800 paid for a superb Alvis TE21 DHC by Park Ward. Aside from that there were encouraging results for those seeking assurances that the market is still in good health. Such as the £18,480 paid for a Triumph Stag that had been fully rebuilt. A Lotus Esprit Turbo with just 18,538 miles on the clock achieved a strong £28,280. The market's appetite for E-Types is far from waning at the moment judging by the £108,640 paid for a 1962 left hand drive series 1 coupe. A BMW 3.0 CSL is always guaranteed to gather a lot of interest even if it is a restoration as is the case with the example in this sale and the final result of £53,760 is far from surprising despite the likely restoration costs. Another restoration project was an Aston Martin DB6 MK 1 which achieved £147,840. Not so long ago that is what you would have paid for a top example. The most surprising price paid has to be the £47,600 paid for a Morris Mini Cooper S MK1. Yes they are rare in Morris form, but that said the supply of Cooper cars overall is far from short in supply and we do wonder if £50k prices tags for a Mini are going to look rather expensive if a downturn does arrive.