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).

Design accord

You can’t get much more of an art deco car than a Cord — so much so that new owners, Paul McCarthy and his wife, Sarah Selwood, went ahead and took their Beverly 812 to Napier’s Art Deco Festival this year, even though the festival itself had been cancelled.
“We took delivery of the vehicle 12 days before heading off to Napier. We still drove it all around at the festival,” says Paul.
The utterly distinctive chrome grille wrapping around the Cord’s famous coffin-shaped nose, and the pure, clean lines of the front wing wheel arches, thanks to its retractable headlamps, are the essence of deco. This model, the Beverly, has the finishing touch of the bustle boot that is missing from the Westchester saloon.

Motorman: When New Zealand built the Model T Ford

History has a way of surrounding us, hidden in plain sight. I was one of a group who had been working for years in an editorial office in Augustus Terrace in the Auckland city fringe suburb of Parnell who had no idea that motoring history had been made right around the corner. Our premises actually backed onto a century-old brick building in adjacent Fox Street that had seen the wonder of the age, brand-new Model T Fords, rolling out the front door seven decades earlier.
Today, the building is an award-winning two-level office building, comprehensively refurbished in 2012. Happily, 6 Fox Street honours its one time claim to motoring fame. Next door are eight upmarket loft apartments, also on the site where the Fords were completed. Elsewhere, at 89 Courtenay Place, Wellington, and Sophia Street, Timaru, semi-knocked-down Model Ts were also being put together, completing a motor vehicle that would later become known as the Car of the Century.