On September 3rd, London and the rest of world played witness to some very encouraging results at Gooding & Company’s Hampton Court Palace auction. The internationally recognised auction house conducted its latest live sale in the UK with classic car values realizing a total of more than £22.8 million. The London auction, conducted in the historic grounds of Hampton Court Palace, resulted in the sale of 31 out of 39 lots, achieving a 79% sell-through rate. Seven of the star cars achieved sales over the £1 million mark, and the average price per lot was £735,869.
The London auction was led by the sale of the weekend’s star car, a 1960 Ferrari 250 GT SWB Berlinetta Competizione with a well-documented period race history, which sold for an astounding £7,762,500. A world record at auction was also set with another Italian automotive masterpiece from the 1960’s. The 1965 Alfa Romeo Giulia TZ, sold for £1,181,250 – the highest price ever achieved for a Giulia.
This sustained interest in high-end classic marques, evidenced at the auction is bound to resonate with Hexagon Classics’ customers and followers. Hexagon Classics continue to source and sell the finest classic cars from all over the world, and provide clear market expertise to our customers.