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Top money for quality classics at inaugural Shannons Brisbane Motor Show Auction

The inaugural Shannons Brisbane International Motor Show Auction was judged a major success by both Shannons and the Show's organisers.

FOR IMMEDIATE RELEASE

 
Shannons Australian Car Insurance
Shannons Australian Car Insurance
PRLog (Press Release) - Feb 12, 2008 -
With a over-capacity crowd of more than 1,000 squeezed into the Plaza Terrace Room of the Brisbane Convention and Exhibition Centre and more than $1 million spent by bidders on a range of quality classic cars, number plates and memorabilia, the inaugural Shannons Brisbane International Motor Show Auction (February 10, 2008) was judged a major success by both Shannons and the Show's organisers.

Cashed-up phone and floor bidders purchased more than 60 per cent of the 49 lots on offer, but the big money was spent on classic cars with world market appeal.

The top-selling lot at $180,000 was a 1968 left hand drive Candy Apple Red Shelby Mustang GT500 Fastback that had been restored to concours standard in the mid-1990s and rarely driven since.

Running it close and selling comfortable above its reserve, was an original factory right hand drive concours-winning1959 Mercedes-Benz 220S Cabriolet that had been the subject of a no-expense-spared restoration by Brisbane Mercedes-Benz specialists Sleeping Beauties in the early 1990s.

Other classic Germans to sell well were a fully-restored silver with red leather 1962 Mercedes-Benz 190SL Convertible that made $100,000 and a cosmetically unrestored and very original Signal Red 1963 Porsche 356C Coupe, that sold for $49,000.

Sporting cars to sell at the auction included stunningly-restored Congo Green with Cream interior 1965 Ford Mustang Convertible that went for $60,000 and a 1984 Ferrari Mondial QV Coupe in factory-original condition that had covered just 118,000km since new that sold for $37,500.

Amongst the muscle cars on offer, a brand new 2007 Ford Falcon BF GT Cobra sedan with six-speed manual gearbox sold for an excellent $92,000- well above Ford's recommended retail price of $65,110 when the limited edition of 400 Cobras was released in October last year.

Another outstanding result for an Australian car was the $29,000 paid for a totally restored and completely correct 1954 two-tone green Holden FJ Special Sedan, while an unrestored 1951 Holden 48-215 (FX) sedan went for $7,750.

Of the vintage cars on offer, the outstanding sale was the $155,000 paid for a Concours d'Elegance-winning 1928 Stutz Model BB with a Wymann-type Sports Tourer body.

A number of special-interest number plates were also on offer, with the top money being the $25,000 paid for the Heritage plate 'Q154'. 'Q549' went for $18,000 and the Queensland plate '0000000' sold with no reserve for $13,000.

Amongst the personalised plates, 'PETE 05' personally signed by the late Peter Brock, sold with no reserve for $4,500.


For further media information and images, contact:
Michael Browning (03) 9879 9111 / 0418 324 328
For further auction information, contact:
Damien on (02) 9438 9315 or Christophe on 0413 567 308.

To view all auction lots and results visit http://www.shannons.com.au

Photo:
http://www.prlog.org/10050785/1

# # #

Shannons was the brainchild of the late Robert Shannon who created an insurance business in the early seventies run by enthusiasts, for enthusiasts. Its insurance product is specially tailored to individual needs and relies on direct contact with clients rather than through other agents or brokers.

Across Australia Shannons is the first choice of motoring enthusiasts when it comes to insuring their special cars, motorcycles and homes, as well as the day to day cars of owners.

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Source:Shannons Car Insurance
Website:http://www.shannons.com.au
Industry:Automotive, Auction, Insurance
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