Cheltenham Achieves

02.March, 2006 @11:03     Coupe News
Private and trade buyers alike attended H&H’s inaugural Cheltenham sale (Tuesday, February 21) in good numbers and found the magnificent Centaur Complex to be an ideal venue for a classic car auction.

Europe’s leading specialist auctioneer of classic cars, motorcycles, bicycles and related automobilia had amassed a mouth-watering selection of road and competition vehicles and while, predictably, not all the racing cars found new homes, some very impressive prices were achieved for many of the other lots on offer.

At the time of writing, negotiations were still continuing regarding the ex-works AC Cobra in the sale, with a provisional bid of £625,000 (plus buyer’s premium) being considered by the auctioneers and vendor, together with subsequent offers.

Topping the sale at present therefore is an original Ford GT40. Laid down in 1969 but not assembled until 1994, this beautiful machine was the very last of the 100 production cars to be built and, as such, is highly desirable, if difficult to value. It was eventually knocked down for a whisker under £300,000.

Jaguar SS100s are rarely offered for sale these days and there was huge interest in the lovely 1937 2.5 litre version on offer. It finally fetched way over estimate at £139,750. The ex-Doreen Evans 1935 MG R-Type single-seater racecar made the same figure.

Other racing cars to do well included the stunning, one and only, ex-Jack Brabham, 1968 BT31 Grand Prix car (£103,200) and the very pretty 1951 Peirce MG F2 single-seater (£53,750).

Of particular significance among the road-going cars were the immaculate 1965 Lotus Elan S3 Coupe Prototype, which was on the money at £23,650; the equally historic 1978 Lotus Esprit JPS Commemorative car that made £19,350; the Honda NSX that made way over estimate at £18,275; a very tidy Aston Martin DB MKIII that found a new home for £36,550 and a beautifully restored MK1 Lotus Cortina that was surely something of a bargain at £16,125.

All four cars from the collection of the late Gerry Marshall sold well, with the 1952 Ford Prefect returning over £3,750, some twice its estimate, and the delightful 1929 Ford Model A Tudor Sedan making £6,550.

Strong demand for rally ephemera

H&H are gaining something of a reputation for selling collections of rally and race ephemera and, hot on the heels of their success with the Tony Mason items, did equally in Cheltenham with the extensive archives of the late David Siegle-Morris.

Autocourse annuals are always in demand and a run from 1972/73 to 1999/00 made nearly £800. The beautifully original Herbert Johnson shellac helmet made over estimate at around £620 while, as in other recent H&H sales, the brochures and press photos generally did especially well. A range of McLaren F1 literature made way over estimate at in excess of £550.

The next H&H sale is at the Pavilion Gardens Buxton on April 11/12.