Menu toggle

News

05 Aug 2020

Record sale for Silverstone Auctions

The Silverstone Classic Live Online Auction achieved £15.8 million in sales and a 76% sale rate

The Silverstone Classic Live Online auction at the weekend has been hailed as one of the most successful auctions in the history of Silverstone Auctions.

The huge catalogue contributed to a 76% sale rate and £15.8 million in sales with the four major collections selling exceptionally well, with a striking 1995 Porsche 993 RS from the Stuttgart Collection selling for £315,000.

In fact all but two cars from the impressive Stuttgart Collection sold, with both 993 Turbo S listings fetching in excess of £200,000. The stunning 964 Carrera RS from the SA-30 Collection, offered at no reserve, also surpassed £200,000 as the hammer fell.
 
Nick Whale, Silverstone Auctions Managing Director commented: “We are absolutely delighted with the weekend’s sale. The catalogue was truly superb and enabled us to offer some of the finest cars available.”

“To achieve a sale of £15.8 million is astounding and a testament to the quality of the cars offered. I believe that this sale was possibly the largest in Europe behind closed doors this year.”

“A huge thank you to our team who worked very hard to gain the support from our vendors who entrusted their cars to us and to the buyers who have bought some loveliest cars for their garages and enjoyment.”
 
Another high-achiever from the sale was not a car at all, but a registration number that had not been on the market for over 70 years. “09” was first registered in Birmingham in 1904 and was last sold in 1949 for just £5. On the day of the auction,  when the late owner would have turned 100 years old, the two-digit registration sold for a staggering £216,000.

Nick Whale continued: “This was our second live online auction and yet another fantastic result achieving a 76% sales rate. It shows that as an auction house we have successfully adapted to the current times and made them work for everyone concerned.”

Friday Results
 
Saturday Results

“Our next sale will be at the Lancaster Insurance Classic Motor Show at the NEC Birmingham on the 13 – 15 November.”

The Silverstone Auctions team can be contacted on 01926 691141 or email enquiries@silverstoneauctions.com if you would like to offer your car to auction.

Let us help you unlock the potential of your Porsche

Join now