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).

Put a ring around that

Provenance is a valuable part of a classic car and DKW/Auto Union collectors Brendan and Bobbette Odell have a detailed documented history of a special car in their growing collection of these little two-stroke wonders.
Brendan’s hometown of Pretoria enjoyed more than its fair share of the marque, where their reliability and performance made them popular..
“There used to be a joke going round in South Africa that there were more DKWs in Pretoria per square mile than anywhere else in the world,” Says Brendan.
The Odells redressed that balance a little when they shifted to New Zealand as they brought some of the cars with them.
One of their DKWs also accompanied them to Tonga. Brendan’s green 1959 Auto Union 1000 two-door went with them from South Africa to Tonga from 2010 to 2013 where he worked for the local airline. It then travelled on with them to New Zealand. It is one of just 10 right-hand drive cars of the two-door basic model remaining worldwide.

Stag roars again

The Triumph Stag pictured here has been lovingly restored from what was once, in the owner’s words, “a horrible, terrible job”. Owners Glynn and Alison Gaston hail from Dunedin and along with their grandchildren now enjoy cruising in the Stag after a three-and-a-half-year restoration.
In 2011, Glynn was looking for a classic car to restore. After 21 years with Air New Zealand he was working as a Super Shuttle driver, with four days on and four days off, which gave him the time to take on such a project — something he had always wanted to do.
“I’d looked at quite a few cars over the years. The idea was to restore a car as something to keep me going. I had looked at different MGs and I would have quite liked an Austin Healey or something similar but they were really expensive.
“Then I saw a Stag and I thought, Ah, this is nice. This is what I would like.