WE ALL KNOW that nothing will be the same post-COVID-19, and one of the things sure to change will be classic car auctions.
Buyers appear to have embraced the concept of online bidding, if the interim results of Shannons’ latest auction are anything to go by. Already, 90 percent of lots have attracted bids.
With less than a week still to go until final bids closes from 7pm on June 3, Shannons National Auctions Manger Christophe Boribon said the response had been very encouraging and underscored how Shannons had remained relevant in different times.
“We are already seeing a lot of interest at this early stage, with 30-plus vehicles already meeting their reserves and further bidding activity expected in the final days.”
Boribon said a number of lots had already attracted 35 or more bids each, including a rare 1972 Plymouth Barracuda 340 V8 coupe US Muscle Car, a 1935 BSA Model W35-7 500cc motorcycle and a 1970 Morris Mini K 1100.
Both early 1950s Jaguar XK models were already ‘on the market’ after exceeding their reserve prices, while two ‘project’ MGs – a rare 1958 MGA 1500 fixed head coupe and a 1955 MG TF 1500 – had both attracted strong interest, he said.
In more good news, Shannons Melbourne and Sydney showrooms this week welcomed back potential bidders, within limited inspection hours from 10am-4pm Mondays to Fridays and this Saturday from 10am-2pm to cater for enthusiasts who have gone back to work.