Iconic Auctioneers Silverstone Festival Auction 2023 - reluctant Brits?
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Created on August 28, 2023
, Reading time 5min
Text:
Bruno von Rotz
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Iconic Auctioneers
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Summary
Shortly after the name change, the British auction house, now called Iconic Auctioneers, brought 203 cars and some automobilia under the hammer at the Silverstone Festival. The vehicles represented a value of around £15 million, but less than half were sold, on average for just over £67,000. Two Subaru and a Ford Capri duo provided the exclamation marks. This auction review analyzes the results and shows many of the cars in pictures.
This article contains the following chapters
- Ford ahead of all
- The two Capris from "The Professionals"
- Datsun without a buyer
- Subaru most expensive
- Unobtrusive super classics
- British exotics without sales appeal
- Surprisingly expensive cars
- Spurned cars
Estimated reading time: 5min
Preview (beginning of the article)
Just a few days before the auction at the Silverstone Festival, Silverstone Auctions gave itself a new name, namely "Iconic Auctioneers". They were now an established company and needed their own name and not a borrowed one (Silverstone), especially as they did not only hold auctions at Silverstone. On August 25 and 26, 2023, however, they were back at Silverstone and auctioned 203 cars, about a quarter of which were racing cars, the rest road vehicles. It could not be said that the name changes triggered a surge in sales; in fact, only 48% of the vehicles were sold. The sales rate for racing cars was 39%, while for other cars it was 50%. On average, however, almost 78% of the expected value ("guide price") was offered, so there was no lack of basic interest.
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More about this topic
Auctioned cars
Current Market Prices (Selection)
4-Door Sedan, 95 PS, 1597 cm3
4-Door Sedan, 125 PS, 1994 cm3
null, 137 PS, 2993 cm3
null, 68 PS, 1593 cm3
null, 72 PS, 1593 cm3
null, 100 PS, 1993 cm3
null, 114 PS, 2294 cm3
null, 89 PS, 1999 cm3
Coupe, 280 PS, 1994 cm3
4-Door Sedan, 280 PS, 2457 cm3
4-Door Sedan, 217 PS, 1994 cm3
Station Wagon, 89 PS, 1597 cm3