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The light metallic blue Mercedes, which had been owned since new by a Lower
North Shore Sydney woman who recently handed in her licence aged 90, eventually
sold for $38,000 – well above its anticipated $20-$28,000 price range.
The duel for a very original silver 1968 Porsche 911L coupe was also fierce,
with around six floor and telephone bidders driving the price up from its
$20,000 opening to close at $39,000, confirming the strength of the collectable
Porsche market.
A 1929 Studebaker President 8 Roadster in excellent day-to-day driving
condition was also in great demand, with six telephone and four floor bidders
pushing its price to $32,000 – substantially above its reserve.
The capacity crowd of around 400 at Shannons St.Leonards showroom snapped up
16 of the 26 vehicle lots on offer for a total of $458,910, representing an
average of nearly $30,000 per vehicle.
Enthusiasts clearly saw ‘red’ when it came to paying for collectable sports
cars.
Top money of the auction was the $60,000 paid for a red 1974 Morgan Plus 8
with just 30,000 miles on the odometer, just pipping the auction’s cover car – a
beautifully-restored red 1933 MG J2 Midget – which brought $51,000. A (red) 1963
Mercedes-Benz 190SL roadster sold for $50,000, trumping a white 1992
Mercedes-Benz 500SL Convertible by $500 ($49,500). A (red) 1984 Alfa Romeo 2000
Graduate Spider sold for $15,000.
Another good result was the $37,000 paid for a rare 1974 Fiat Abarth 124 CSA
Convertible – one of just 1,013 built to homologate the model for Production
Grand Touring racing – while a fully refreshed 1957 MG ZB Magnette saloon made
an excellent $7,000.
Amongst the unreserved lots, an immaculate 1969 Holden HT Premier sedan sold
for $9,600; a 1969 short wheelbase Series I Jaguar XJ6 4.2 in good condition
made someone a prestige vehicle owner for just $2,000 and a 1970s Cyclops Pedal
Car will be putting a smile on some lucky child’s face for $625.
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