'No reserve' opportunities at Shannons Sydney Spring Auction

SYDNEY – Oct 11, 2013: There are some great opportunities for enthusiasts and collectors at Shannons' upcoming Sydney Spring Auction on October 21, with a total of 22 classic cars and motorcycles being offered with no reserve.

The standout cars include three Australian-delivered Mercedes-Benz – two SL models and a 500SEC Coupe – a 1984 model Rolls-Royce Silver Spirit, a restored 1956 Holden FJ Utility and an original right hand drive 1960 Studebaker Hawk.

The well-maintained 500 SEC Coupe showing 129,000km from new should sell in the $18,000-$22,000 range, the very tidy 1974 350SL Convertible is expected to bring $16,000-$20,000 and Shannons believe the 1992 model 500 SL with optional hardtop showing 213,231km from new will attract $15,000-$20,000.

The Ocean Blue Rolls-Royce Silver Spirit was originally delivered new through Kellow Falkiner to trucking magnate Lindsay Fox and is one of the better-kept examples of this model on the market today according to Shannons, who believe it will sell for less than a Nissan Pulsar in the $15,000-$20,000 range.

The Cream FJ Ute ($18,000-$22,000) presents well, inside and out and has done little work since a restoration nearly a decade ago.

The time-warp 1960 Studebaker Hawk is an original, Australian-delivered right-hand export model, equipped with the more desirable 289-cid V8 engine and automatic transmission and has been in the same ownership for the past 53 years.

Its odometer shows just 2,715 miles and everything about the Studebaker suggests this is genuine - from the sticker showing the next service due at 3,000 miles down to the original cross-ply tyres.

Although not running at present, Shannons believe it will bring $16,000-$22,000.

Meanwhile Mustang enthusiasts will be bidding for the C-code 289-cid V8 1965-model left hand drive Mustang Convertible equipped with the desirable Pony interior additional gauges and a recently fitted new white power hood. It is expected to sell for $35,000-$40,000.

The no reserve bikes consist of four Harleys – including a sought-after 1925 V-Twin ‘J model’ 1000cc and a 1941 ‘U Model’ 1200cc – three Triumphs, a Norton commando, a Royal Enfield and a Moto Guzzi, with prices spanning the range from $7,000 to $20,000.