The Auto Channel
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Bidding Hot at Shannons Melbourne Late Summer Sale

PHOTO (select to view enlarged photo)

MELBOURNE – Feb 19,2013: The weather was stinking hot and so was the bidding at Shannons Late Summer Classic Auction in Melbourne on February 18, with a strong 80 per cent clearance rate on the 66 vehicle and memorabilia lots offered.

Open top cars were in special demand as Melbourne’s sizzling summer continued.

A 1958 Chevrolet Corvette C1 Convertible finished in classic red with white coves sold for $102,000 after a slugging match amongst floor and telephone bidders – comfortably above its pre-auction guiding range of $60,000-$68,000.

An equally outstanding result was the $70,500 paid after frenetic bidding for a well-executed replica of a late 1920s Bentley 4.5 Litre Tourer, based on 1949 Bentley Mk VI running gear.

One of the night’s feature cars – a left-hand-drive, fully-restored 1967 Mustang ‘S-Code’ 390 GT Convertible factory fitted with a four-speed manual gearbox – sold just above its high estimate for $62,000; a two-owner 1998 Jaguar XK8 Convertible showing just 83,000km from new went for an excellent $44,500 and a ‘no reserve’ 1964 left hand drive Ford Thunderbird Convertible made a predicted $28,000.

Another standout result for an open sporting car after a strong bidding duel, was the $19,600 paid against a guiding range of $9,000-$12,000 for a ‘no reserve’ 1961 MGA Mk I that had been mechanically upgraded with an 1800cc MGB engine as a ‘running restoration project’.

Classic Australian Holden and Ford sedans and coupes were also in strong demand at the auction, with a 1968 HK Brougham 307-cid V8 sedan believed to have covered just 73,300 miles from new and a one-owner ‘poverty pack’ 1974 HQ Monaro Coupe fitted with the 202-cid six cylinder engine and three-speed manual transmission both selling for $22,000.

A very original 1975 HJ Monaro 253-cid V8 sedan from a deceased estate brought $22,500, a fully-restored, three-owner 1978 Ford XC Fairmont GXL 351-cid sedan retro-fitted with a Tremec five-speed manual transmission realised $25,000 and a one owner 1984 Holden WB Statesman DeVille 308-cid V8 automatic sedan showing just 51,300 indicated kilometres offered with ‘no reserve’ made $15,500.

British and European luxury saloons also produced good results, with a fully-restored, very early-build, right hand drive Jaguar Mk II 3.4-litre with automatic transmission and overdrive selling for $30,000, a Sydney-delivered 1951 Bentley Mk VI Saloon with an extensive history file bringing $23,000 and a 1968 Daimler 250 V8 Saloon with 82,099 indicated miles making $13,600 – $100 more than a 1969 V8-engined Mercedes-Benz 300 SEL 6.3 litre Saloon.

Heritage numerical numberplates were again consistently in demand, with the Victorian black and white ‘711’ producing the best result of the six three-digit plates on offer at $68,000, ‘1.550’ and ‘7.878’ tied for the top four-digit result at $14,000, while the intriguing consecutive running numbers plate ’56.789’ was the standout five-digit result at $18,750