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Tag: auction

  • 1960 Austin Seven 850 MK1 is expected to fetch £30,000 at auction

    1960 Austin Seven 850 MK1
    This super-duper brand new looking 1960 Austin Seven 850 MK1 isn’t recently restored. It has been preserved after the car covered 2,618 miles from new. Yes, it is 2,618 on the odometer, you did not read our article by mistake and we did not type it wrong too. Many 1960 Austin Sevens running on the road today (if they are still running) probably has clocked two rounds on the odometer. It is definitely a rare barn find and Mini enthusiasts don’t need a time machine to go back to 1960 to buy this car as it flew here.

    • Car Model: 1960 Austin Seven 850
    • Chassis Number: AA25755702
    • Engine Number: 8AHUH75901
    • Engine Capacity: 848cc
    • Registration: 137 PKX
    • Year of Manufacture: 1960
    • Body Color: White

    1960 Austin Seven 850 MK1 rear view
    The car was originally purchased by the respected collectors, the Shape Family, who kept the car until a Christies estate sale in 2005. It was then out on the road for the first two years of its life and then retired again into a heated garage.

    As you can see from the pictures, the condition is immaculate and it looks like it has just been repainted and restored. Virtually every component is original from head to toe. The body is rust-free because of the car was well pampered by the Shape Family. Inside, the vinyl looks like it just came out from BMC factory. We can still smell the “new car smell” from this car. The car comes with original underseal, original handbook, service book, tax disc holder, rubber boot mat, original Austin Seven key ring, spare keys, jack, wheel brace, and the last tax disc bought for the car which expired in 1962. There is also a thick history logbooks provided.

    1960 Austin Seven

    This 1960 Austin Seven De Luxe is 100% one of the rarest finds on earth. Months ago, there was a 1959 Austin Mini Se7en De Luxe Saloon sold for £40,250. Compared to the car, this is much newer and in better condition with extremely low mileage. With just 2600 miles on the clock, it is even lower than the 1991 Mini Mayfair which has 2999.6 miles on the clock.

    So, a rusty 1959 Austin Mini Se7en sold for £40,250 and a 1970 Morris Mini K sold for AUD$5,000 (roughly £3,316), how much would this superb condition 1960 Austin Seven 850 fetch? The auction will be held on 21 July, 2012. Silverstone Auctions estimate the auction price of the car will reach £20,000 to £25,000 and we say it probably will hit £30,000 due to its condition. What do you say then? Updated: Car sold for £24,080.00 on 21 July 2012.

    Austin Seven

    Austin Seven

    Austin Seven engine
    That’s the look of a classic car engine that only runs 2600 miles.

  • World’s one and only Ferrari motorcycle fetches £85,000

    Ferrari Motorcycle

    World’s one and only Ferrari motorcycle sold at Bonhams auction in UK on April 29th for £85,000, that’s about $137,700. It is no surprise that motor cars or motorcycles sold through the largest auction house always fetch an astonishing price tag. All vehicles went into the auction house either had a great history or once owned by a great man before, such as the rusty Mini sold for £40,250 last week and the eBay auction for Neil Armstrong’s Corvette Sting Ray that end with a final sky-high price of $250,090.

    So, what is so special about this Ferrari motorcycle besides it is the only one motorcycle that badged the prancing horse? The two-seater, roofless, a-rain-coat-is-needed motorcycle is built completely from scratch by the well-known bike-maker David Kay Engineering and officially sanctioned by Piero Ferrari in 1990, two years after his father Enzo Ferrari passed away.

    Ferrari Motorcycle 900cc

    The motorcycle didn’t have any big horsepower V12 engine. It has a simple 900cc non-Ferrari engine that produces 105bhp. The body did not contain any carbon fiber parts but it is made out of aluminum to reduce its weight to a mere 172kg. One reason this motorcycle is badged with Ferrari logo is because it is able to accelerate from a standstill to 60mph in under three seconds, and that’s a Ferrari!

    So far this motorcycle has only one owner for the past 17 years since it was completed in 1995, a private British collector whom we believe he has kept this motorcycle in his living room as a piece of art more than a vehicle.

    Ferrari Motorbike

    £85,000 may have surprised many people but if you are a big follower of Banhams, there are few motorcycles sold at higher price, these being the 1955 Vincent 998cc for £124,700, the 1939 Vincent-HRD 998cc for £225,500, and the 1934 Brough Superior 996cc for £242,300.

    In a nutshell, the one-off scratch built 900cc motorcycle has a strong connection to one of the most prominent sports cars maker and it is a tribute to Enzo Ferrari. It is definitely a piece of history that we can’t see it else where. Audi paid more than €850 million for Italian bike brand Ducati and someone has just paid £85,000 for this motorcycle. What do you say? Worth or not?

    Ferrari Motorcycle

  • Rusty Mini sold at auction for £40,250

    1959 Austin Mini Se7en Deluxe Saloon sold

    The fourth oldest surviving unrestored Mini is sold today at The Royal Airforce Museum in London. The rusty Mini fetches £40,250 which is two times more than expected. Previously, it is expected to fetch £15,000 and many opinions said that it is ridiculous. Now, the sealed price is even preposterous at forty thousand sterling pounds; that is $65,382 USD. The rusty oldest surviving Mini has definitely set a new record for “Most expensive rusty junk Mini ever” and there won’t be the second one.

    According to the news from England, the unrestored Mini was bought by a private buyer from America. There are tons of rusty Minis out there which the condition could have been better than the Austin Mini Se7en De Luxe Saloon (XLL 27). But what could possibly make this one so special? It is the story behind the car and the title of the car. Oldest, unrestored, untouched, and 30 thousand miles on the clock meter are what make it one of a kind. XLL 27 is the eighth car of its type to roll off the production line in 1959. Besides, the Mini also considered “Superman” of the 1956 Suez Crisis who has saved many people from the fuel crisis.

    The Austin Mini Se7en De Luxe is in non-running “barn find” condition. It is rusty, the piston probably is jammed, the brake isn’t working, and some of the wires are broken. However, the 30,041 miles on the clock are correct according to Bonhams. Sometimes, if a car is owned by famous people before, the value will boost up too, just like the 1950 Chieftain Silver Streak used by guitarist Richards before.

    On April 30, there are two big things happen in the UK, one being the big football match between Manchester City and Manchester United, another being the fourth oldest Mini was sold in an auction of classic cars at the RAF Museum in Hendon.

    Now the questions that float in our mind is what the new owner going to do with this Mini? Will he continue to keep this car in “barn find” condition or he will restore it to its former glory? Whatever it is, the truth is that XLL 27 fetched £40,250, nearly 100 times of its original price in 1959.