Historics’ £2.2m July 2019 auction

Historics’ £2.2m July 2019 auction 26th July 2019

Topped by a £90.2k 1981 Porsche 911 Turbo, Home Counties set-up Historics’ most recent sale at its regular venue at Brooklands grossed £2,241,168. Sell-through by number of the bumper, 180-car catalogue was a competitive 64%.

And this was achieved with only a quarter of the car offered at No Reserve. These sales are popular, easy-to-attend events that always pull in the punters, usually headed by at least one circa £400k star car. This time it was a £365k to £390k 1961 Aston Martin DB4 S3, which failed to sell.

This is the market that Bonhams’ recently-launched MPH division based at Bicester is aimed at. Low-to-middle price classics and interesting moderns for the ordinary man without the fuss and fiddle of an associated event, always held at the same venue.

And it works. At Brooklands, cars such as the 1972 Alfa Romeo 2000 Spider Veloce (£15,400, nice in yellow), 1971 Maserati Indy (£49,000 and handy 2+2 for the money) and 1968 Jaguar E-type 4.2-litre S1.5 FHC (£44,000, a red, LHD, US car recommissioned but unrestored) prove there are cars out there to be had without breaking the bank. Or getting dressed up, queuing for ages to get in then parking miles away.

Historics at Brooklands, 13 July 2019

Gross: £2,241,168
Number of cars not sold: 65
Number of cars withdrawn: 1
Total number of cars: 179
Number sold: 114
Percentage cars sold by number: 64%
Average year of cars offered: 1978
Average price of cars sold: £19,659
Number of cars offered at No Reserve: 46
Percentage of cars offered at No Reserve: 26%

Photo by Historics