Record-breaking online bid for Porsche 962

29 May, 2015

The most valuable lot ever sold to an online bidder was the top lot at Bonhams’ recent Spa Classic Sale. The ex-Jürgen Oppermann/Otto Altenbach/Loris Kessel Obermaier Racing 1990–’93 Porsche Type 962 C Endurance Racing Competition Coupe (how’s that for a name) was eventually sold for €1,495,000 (NZ$2.28M).

Sold directly from the factory, the Porsche 962 had been carefully maintained by the same private owner for the past 25 years — unsurprisingly, the car provoked much interest with those possessing an eye for historic competition cars.

The fact that this Porsche was sold to an online bidder underscores the continuing growth of the internet as a trusted method of purchasing valuable collector’s cars. 

Elsewhere, Porsches continued to prove popular, with a 1988 Porsche 959 coupé achieving the second-highest result, selling for just over one million New Zealand dollars to a telephone bidder from the UK, while a 1992 Porsche 911 Carrera RS Type 964 coupé sold to a bidder at the sale for €224,250 (NZ$342,370).

As you’d expect, classic Ferraris continue to record strong prices, with a 1970 Ferrari 365 GTB/4 ‘Daytona’ Berlinetta going for €667,000 (NZ$1.1M), and the 1976 Ferrari 308 GT Berlinetta Vetroresina achieving an excellent price of €253,000 (NZ$386,264).

Further highlights of the sale include a pair of S1 3.8 Jaguar E-Type roadsters, both from 1962, which were sold for €172,500 (NZ$263,362) and €170,200 (NZ$269,850) respectively, with a slightly later 1965 Jaguar E-Type 4.2 roadster finding a new owner at €138,00 (NZ$210,690).

A second dose of Dash

When the car arrived in Wellington in December 2018 it was duly taken along for entry certification. Vehicle Inspection NZ (VINZ) found some wrongly wired lamps and switches — not too bad — but, much more significantly, some poor welding repairs. As the structural problems were probed more thoroughly, we realized the previous owner’s restoration would not do and we needed an upgrade. Dash had made it into the country but it would take some time and money before he would be free to explore any of New Zealand’s scenic highways.
We took the car to our new home in Johnsonville in the northern suburbs of Wellington and I pored over the car in detail to figure out what was next. There were lots of new parts on the car and a very perky reconditioned drivetrain but the chassis needed serious work.

Lunch with… Jim Palmer

In the 1960s, Hamilton’s Jim Palmer won the prestigious ‘Gold Star’ four times and was the first resident New Zealander home in the New Zealand Grand Prix on five consecutive occasions. He shared the podium with Stirling Moss, Jack Brabham, Bruce McLaren, Graham Hill, Jim Clark, Denny Hulme, Jackie Stewart, and Chris Amon. The extent of his domination of the open-wheeler scene in New Zealand will probably never be matched or exceeded. Yet he’s always been modest about his achievements.