Explain this fluctation in vintage 8 litre auction results?

Explain this fluctation in vintage 8 litre auction results?

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Discussion

AdvocatusD

Original Poster:

2,277 posts

232 months

Monday 11th April 2011
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Hi all

Was just having my periodic trawl through RM Auctions results, and found two entries that interested me.

The company sold 2 x 1931 8 Litre Bentley in 2010. Both 1931 cars, both open tourers and both green (not that the colour is important!). In short, very similar cars without further examination.

http://www.rmauctions.com/AuctionResultsSearch.cfm...

One sold at £756,000 (estimated 770k - 1m) and the other sold at £369,600.

Quite a difference! Just wondering how one car could be work double another. They are both in good condition and if I recall correctly, the "cheaper" one actually had an interesting history.

Add into the equation the "modernised" 8 Litre Bentley (the red one) that Stanley Mann has up for sale some time ago that was advertised at £500,000 makes me wonder if there are actually is a standard value for 8 litres at all!


Markymark69

474 posts

173 months

Monday 11th April 2011
quotequote all
These sort of cars are worth what they make on the day, dont drive yourself mad trying to work out the why nots of it all smile

2708420018

339 posts

200 months

Monday 11th April 2011
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Its usually all about condition and rarity. The auctioneer reflected the price difference in his reserve and this worked through to the sale. The body on the higher value one seems a lot rarer which may account for the difference or it may simply be that two or more people both wanted it on the same day!

Paul

Bluebottle911

811 posts

196 months

Sunday 17th April 2011
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The more valuable car had original coachwork. The other was a later re-body, which, while nice, is not the same as being original.

jake15919

738 posts

166 months

Thursday 21st April 2011
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The 8 litre is a very rare car and there is a relatively huge variation in authenticity. Firstly you have to consider the originality if the engine, chassis and running gear. From there, as mentioned above, you have to consider the body work. Is the body original, a period rebody or a modern rebody. From there you can start considering the condition and desirability of the individual car.

If you want to know about individual 8 litres this site is quite helpful.

http://www.vintagebentleys.org/bentley-registry/pa...

AdvocatusD

Original Poster:

2,277 posts

232 months

Monday 2nd January 2012
quotequote all
Thread resurrection!

Just heard on the grapevine that a short chassis Bentley has changed hands for a round £1m! I have also heard it's rebodied (which is why I posted), in that the body is not the original but was changed at some point in the 60s. Perhaps someone can confirm? I don't have any other details...

hog 1

400 posts

224 months

Tuesday 10th January 2012
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jake15919 said:
The 8 litre is a very rare car and there is a relatively huge variation in authenticity. Firstly you have to consider the originality if the engine, chassis and running gear. From there, as mentioned above, you have to consider the body work. Is the body original, a period rebody or a modern rebody. From there you can start considering the condition and desirability of the individual car.

If you want to know about individual 8 litres this site is quite helpful.

http://www.vintagebentleys.org/bentley-registry/pa...
Excellent link Jake, and some good reading on that site. Never knew of it before.