Saturday, April 10, 2021

The Power of a Porsche

Matthew Steeples suggests 1990s cars in general and Porsches in particular prove the car market is still anything but over

 

Early September is car auction season in London and though I predicted the heady prices of previous years to somewhat level off post-Brexit, the market proved me utterly wrong.

 

At RM Sotheby’s Battersea sale – now in its tenth year – on the 7th September and the Silverstone Auctions Salon Privé auction at Blenheim Palace on the 3rd September, though several cars went for well above their estimates, it was Porsches and 1990s Porsches that proved especially popular.

 

The Power of a Porsche – 2016 RM Sotheby’s Battersea, London sale and 2016 Silverstone Auctions Salon Privé Blenheim Palace sale
This 1995 Porsche 911 GT2 was undoubtedly the star lot of this season’s auctions; it hammered down at £1,848,000 at the RM Auctions London sale

The Power of a Porsche – 2016 RM Sotheby’s Battersea, London sale and 2016 Silverstone Auctions Salon Privé Blenheim Palace sale
Despite requiring at least £100,000 spent on it, this 1957 Mercedes-Benz 190 SL sold for £21,940 at the Silverstone Auctions Salon Privé Blenheim Palace sale

 

At Blenheim, a 1963 Porsche 356b T6 Super 90 achieved £146,250 (estimate: £100,000 – £115,000) whilst a 1988 911 (930) Turbo went for £171,000 (estimate: £110,000 – £130,000). At Battersea, however, truly surprising results came in the form of a 1993 911 Turbo S Lightweight went for the staggering sum of £974,000 (estimate: £210,000 – £250,000) whilst a 1995 Porsche 911 GT2 smashed its way to the lofty sum of £1,848,000 (estimate: £750,000 – £850,000).

 

1980s and 1990s cars in general were star performers at both auctions – with a 1990 BMW E30 M3 convertible going for £59,630 (estimate: £37,000 – £42,000) and a 1986 Audi Sport Quattro reaching £403,200 (estimate: £290,000 – £320,000) at Battersea – whilst ‘barn finds’ did pretty well too. A truly clapped out and cling film wrapped 1957 Mercedes-Benz 190 SL went for £21,940 (no reserve) at Blenheim and a pretty ropey 1967 Iso Grifo GL Series I made £128,800 (estimate: £30,000 – £50,000) at Battersea.

 

Moving on to “more serious motors”, whilst Silverstone Classics had nothing in the £500,000 plus range, at Battersea RM Sotheby’s guided a number of cars to punchy results at or close to their very own estimates. A 1960 Ferrari 250 GT cabriolet Series II came in at £1,288,000 (estimate: £1,000,000 – £1,350,000), a 1963 Aston Martin DB4 Series V convertible sold for £952,000 (estimate: £950,000 – £1,100,000) and a 1957 Mercedes-Benz 300 SL roadster went for £784,000 (estimate: £900,000 – £1,000,000).

 

Proof, however, that “star” associations meant for little to buyers came in the form of a 1956 Austin Princess hearse that was converted to a limousine by John Lennon and used extensively by The Beatles. It had been touted as a highlight extensively in the press but passed at £135,000 (estimate of £185,000 – £260,000). Meanwhile at Blenheim, a 1960 Austin Princess hearse that was converted to a limousine by John Lennon and used extensively by The Beatles. It had been touted as a highlight extensively in the press but passed at £135,000 (estimate of £185,000 – £260,000). Meanwhile at Blenheim, a 1960 Bentley S2 Standard saloon once owned by Billy Connolly went for just £20,610 (estimate: £16,000 – £20,000).

 

Undoubtedly the weak pound encouraged international buyers to bid at both auctions, but what remains clear is that the market for classic and supercars remains surprisingly strong. Whilst Peter Wallman of RM Sotheby’s quipped: “Everyone should paint their cars Riviera Blue” of the star performing GT2 as his co-auctioneer Maarten ten Holder brought down his hammer on the GT2, tradesmen sat analyzing the staggering results – and will now be marking up any yet to be sold rare Porsche 911s on their lots.

 

For a full list of results from the RM Sotheby’s London sale, click here. For those from Silverstone Auctions’ Salon Privé auction, click here.

 

Follow Matthew Steeples on Twitter at @M_Steeples.

 

The Power of a Porsche – 2016 RM Sotheby’s Battersea, London sale and 2016 Silverstone Auctions Salon Privé Blenheim Palace sale
This children’s toy 1992 Ferrero Le Mans was the first lot in the RM Auctions sale; many serious bidders sat looking annoyed as it took 20 minutes to sell finally for just £17,550 (estimate: £20,000 – £25,000)

The Power of a Porsche – 2016 RM Sotheby’s Battersea, London sale and 2016 Silverstone Auctions Salon Privé Blenheim Palace sale
This 1957 Mercedes-Benz 300 SL sold below estimate at £784,000 (estimate: £900,000 – £1,000,000)

The Power of a Porsche – 2016 RM Sotheby’s Battersea, London sale and 2016 Silverstone Auctions Salon Privé Blenheim Palace sale
Presented in as taken from the factory with just a few miles on the clock, this 1985 Volkswagen Beetle ’50 Jahre Käfer’ went for £15,680 (estimate: £20,000 – £30,000)

The Power of a Porsche – 2016 RM Sotheby’s Battersea, London sale and 2016 Silverstone Auctions Salon Privé Blenheim Palace sale
The ex-John Lennon 1956 Austin Princess hearse conversion failed to sell and passed at £135,000 (estimate: £185,000 – £260,000)

The Power of a Porsche – 2016 RM Sotheby’s Battersea, London sale and 2016 Silverstone Auctions Salon Privé Blenheim Palace sale
As part of their attempt to sell the car, RM Sotheby’s even hired a John Lennon lookalike to appear at the preview night

The Power of a Porsche – 2016 RM Sotheby’s Battersea, London sale and 2016 Silverstone Auctions Salon Privé Blenheim Palace sale
This 1963 Aston Martin DB4 Series V convertible sold as expected at £952,000 (estimate: £950,000 – £1,100,000)

 

Subscribe to our free once daily email newsletter here:[wysija_form id=”2″]

5e3b97728b2e4bf58c9ff7822befe328?s=96&d=mm&r=g
The Steeple Times
We research and background check our articles. If you believe we have made and error in some detail please get in touch, we seek always to write the truth and stand against a press owned by a self selected few. Please help us, we will accept all your likes, subscriptions and anonymous suport. The Editor and his team at the Steeple Times.

2 COMMENTS

  1. Really interesting. I thought Lot 134 the 1960 Ferrari GT SeriesII would have fetched more. Never been a big fan of the Porche. It’s just a very well built sturdy car to me anyway.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Advertisement
Advertisement

Become a Patron of The Steeple Times

Independent journalism will only remain independent if it is supported by clear-thinking people like you. We each have the command to make a real difference. Join us.

2,585FansLike
2,068FollowersFollow
10,908FollowersFollow

Subscribe For DAILY NEWS

Please subscribe, like and share this very British site, it helps us grow. Your data is protected and The Steeple Times will send you an email at noon everyday that we rather trust you will enjoy.

Advertisement

Other Stories You May Enjoy

Wicked Worldwide Webbed Ghislaine 2021 – Ghislaine Maxwell website – Ghislaine Maxwell’s family opted to “bury bad news” on the day Prince Philip died by launching a new website in support of the mucky madam; on it they share that the wicked wench is reading a book by peddler of piffle Boris Johnson and elsewhere follows Richard and Judy on Twitter.

Wicked Worldwide Webbed Ghislaine

Ghislaine Maxwell’s family opted to “bury bad news” on the day Prince Philip died by launching a new website in support of the mucky madam; on it they share that the wicked wench is reading a book by peddler of piffle Boris Johnson and elsewhere follows Richard and Judy on Twitter.
Runners & Riders – The Grand National 2021 – ‘The Steeple Times’ examines the tipsters’ selections and offers 4 options for Saturday’s crowded Grand National 2021.

Runners & Riders – The Grand National 2021

‘The Steeple Times’ examines the tipsters’ selections and offers 4 options for Saturday’s crowded Grand National 2021.
Website of the Week 2021 – Sadie Quinlan’s Yankee Wally – Sadie Quinlan’s ‘Yankee Wally’ YouTube channel where she “plays by the rules” whilst exposing what she views to be the nefarious activities of the Duchess of Sussex is a must watch.

Website of the Week – Yankee Wally

Sadie Quinlan’s ‘Yankee Wally’ YouTube channel where she “plays by the rules” whilst exposing what she views to be the nefarious activities of the Duchess of Sussex is a must watch.
Mucky Maxwell’s Bogus Bogtrot 2021 – Ghislaine Maxwell’s latest lies – Mendacious madam Ghislaine Maxwell’s moaning about her prison conditions exposed as bogtrot as she is revealed to be a mucky pup in the bathroom area.

Mucky Maxwell’s Bogus Bogtrot

Mendacious madam Ghislaine Maxwell’s moaning about her prison conditions exposed as bogtrot as she is revealed to be a mucky pup in the bathroom area.
The Slaying Sisters Sulk 2021 – Merelize van der Merwe & Larysa Switlyk – ‘The Steeple Times’s’ campaign against endangered species slaying Merelize van der Merwe and Larysa Switlyk has plainly really got to them; the sulky pair have set their attack dogs on us.

The Slaying Sisters Sulk

‘The Steeple Times’s’ campaign against endangered species slaying Merelize van der Merwe and Larysa Switlyk has plainly really got to them; the sulky pair have set their attack dogs on us.
Runners & Riders – The Irish Grand National 2021 – ‘The Steeple Times’ examines the tipsters’ selections and offers 2 options for today’s Irish Grand National 2021.

Runners & Riders – The Irish Grand National 2021

‘The Steeple Times’ examines the tipsters’ selections and offers 2 options for today’s Irish Grand National 2021.
Bailey Bombs to 64/1 – Shaun Bailey Bombs to 64/1 in London mayoral election – Vote Max Fosh and Count Binface instead – As Old Harrovian wannabe Mayor of London Max Fosh photobombs his fellow Old Harrovian rival Laurence Fox, their clapped-out Conservative rival Shaun Bailey sinks to likely 3rd place at odds of 64/1.

Bailey Bombs to 64/1

As ingeniously ironic Old Harrovian wannabe Mayor of London Max Fosh photobombs his fellow Old Harrovian grumpy groaner rival Laurence Fox, their clapped-out Conservative rival Shaun Bailey sinks to likely 3rd place at odds of 64/1.
The Failings of Fakery 2021 – Fake news peddler Ivy Holt called out – Volkswagen joins those condemned for spreading fakery after we called out PR peddling pillock Ivy Holt for her stupendously stupid stunt whilst we celebrate five moments of true comedy.

The Failings of Fakery

Volkswagen joins those condemned for spreading fakery after we called out PR peddling pillock Ivy Holt for her stupendously stupid stunt whilst we celebrate five moments of true comedy.
Wallies of the Week 2021 – Stephen Cloobeck and Stefanie Gurzanski – Self-proclaimed billionaire Stephen Cloobeck and OnlyFans.com stripper Stefanie Gurzanski’s court battle makes a mockery of the both of them; this tawdry pair should both “belt up, wrap up and shut up.”

Wallies of the Week 2021 – Stephen Cloobeck and Stefanie Gurzanski

Self-proclaimed billionaire Stephen Cloobeck and OnlyFans.com stripper Stefanie Gurzanski’s court battle makes a mockery of the both of them; this tawdry pair should “belt up, wrap up and shut up.”
The Fake News of Love Yourself – Ivy Holt, Agility PR fake news – PR peddler Ivy Holt of Media PR makes a prized pillock of her client Love Yourself by trying to spread unentertaining fake news; all she achieved was to prove herself to be a wannabe Brian Basham.

The Fake News of Love Yourself

PR peddler Ivy Holt of Media PR makes a prized pillock of her client Love Yourself by trying to spread unentertaining fake news; all she achieved was to prove herself to be a wannabe Brian Basham.

Popular Articles From The Past

Weather

London
light rain
7.2 ° C
8 °
6.1 °
66 %
6.2kmh
90 %
Sat
7 °
Sun
9 °
Mon
9 °
Tue
11 °
Wed
13 °