H and h auction video

[AndrewO]

Interesting to watch...loving the house with the plane in the garden

https://www.youtube.com/watch?v=b6SEE2JDqfA&fe...

[MikeyC]

Not featured in the preview video, I note that the Austin Healey 3000 seems to have a surprisingly low estimate of 18K to 22K

or maybe this is the auctioneers' attempt to 'tease the punters' ?

[aeropilot]

AndrewO said:

Interesting to watch...loving the house with the plane in the garden

https://www.youtube.com/watch?v=b6SEE2JDqfA&fe...

Love that all original 1937 Bentley.....

Can't believe the £30-40k estimate for the WW2 jeep though, that's bonkers, especially one that looks so wrong

[gothatway]

MikeyC said:

Not featured in the preview video, I note that the Austin Healey 3000 seems to have a surprisingly low estimate of 18K to 22K

or maybe this is the auctioneers' attempt to 'tease the punters' ?

[anorak]
The only obvious error I can see with that Healey (lot 5) is that it has the wrong bonnet grill - the bars should match the bars on the main grill; horizontal bars belong on a 100/6 or 3000 Mk 1. See lot 50 for how it should be. Lot 61 is also wrong as a '59 car should be either a 100/6 or a 3000, with twin carbs (and horizontal grill bars). Lot 115 looks very nice but hasn't been restored by a specialist, 'cos they'd have put the wing flashes on the right way round !
[/anorak]

[AndrewO]

Not sure how the jeep went on...the detail for example included a length of bullets draped across the gun mounted in the middle.

From memory it was done by a guy who restores classic F1 cars and he does this outside of that. I looked at the 2CV van he also did and that was just superb. Little Michelin man on the top and a rack of Michelin tyres in the back. That went for just underneath estimate £13k ish

Bentley went for £750k or it may have been £760k...add on the buyers charge +£100k.

[MikeyC]

gothatway said:

MikeyC said:

Not featured in the preview video, I note that the Austin Healey 3000 seems to have a surprisingly low estimate of 18K to 22K

or maybe this is the auctioneers' attempt to 'tease the punters' ?

[anorak]
The only obvious error I can see with that Healey (lot 5) is that it has the wrong bonnet grill - the bars should match the bars on the main grill; horizontal bars belong on a 100/6 or 3000 Mk 1. See lot 50 for how it should be. Lot 61 is also wrong as a '59 car should be either a 100/6 or a 3000, with twin carbs (and horizontal grill bars). Lot 115 looks very nice but hasn't been restored by a specialist, 'cos they'd have put the wing flashes on the right way round !
[/anorak]

Ah - that kinda makes sense !
Top anoraking there

AndrewO said:

Not sure how the jeep went on...

I believe £26K

[V41LEY]

They haven’t put the prices online yet but looks like lots of cars didn’t sell ? Did anyone go ?

[bnseven]

I went, there were lots of not solds and "provisionals" I am afraid

[Matty3]

I attended, some of the the low estimates seemed rather optimistic and I was unsurprised they were not reached - some by a fair margin.

This has been reflected in a number of auctions that I have recently attended. Have prices peaked? - it appears so for some of the marques such as Jaguar, whilst Ford prices seem to march ever upward.

I reckon that some of the auction houses need to be more realistic in their estimates and temper sellers expectations.

[classicaholic]

The prices are on line now, interesting that the specialist stuff seems to have sold at good prices but a lot of the E types and healers didn't sell, I think there may be a bit of a correction coming there.

[AndrewO]

Those prices are the hammer price and then the 12.5% commission on top. Not sure if they also then apply vat to the commission part ?

In our case it was a hammer price of £68k and its marked down as sold at £76,500...lot 49. Some things went well over....like the MGR V8...lot 77

[MikeyC]

AndrewO said:

Those prices are the hammer price and then the 12.5% commission on top. Not sure if they also then apply vat to the commission part ?

In our case it was a hammer price of £68k and its marked down as sold at £76,500...lot 49. Some things went well over....like the MGR V8...lot 77

If you're looking at the prices on the H&H website, then they are inclusive of Buyers Premium - just try dividing them by 1.125 which will give the Hammer Price
You then need to add VAT onto the Buyers Premium to get the final Amount to Pay

The exception appears to be the Ford Jeep, which I *think* may be mistakenly showing Hammer Price (£23300) ?

They seem to have 'sold' (I say that as lots are sold but then re-appear at the next auction!) about 60% of lots
Seems to me more than usual lots went for a price at or over the high estimates.
Not sure if that's simply because the estimates were low or what ?

Yeah, the MG RV8 was notable
Other notable lots:
Lot# 20 Porsche 911 Hi=18K Sold=30K
Lot# 124 Jag MkI Hi=22K Sold=30K
Lot #53 Alfa GTV Hi=12K Sold=16K

[classicaholic]

AndrewO said:

Those prices are the hammer price and then the 12.5% commission on top. Not sure if they also then apply vat to the commission part ?

In our case it was a hammer price of £68k and its marked down as sold at £76,500...lot 49. Some things went well over....like the MGR V8...lot 77

Were you the buyer or seller? Lovely looking car and a great price for buying not so good for the seller!

[AndrewO]

Selling lot 49.

Doing the maths...hammer price plus 15% is basically what most buyers are paying. If your limited company etc then the vat is not an issue.

I quite liked the Bentley lot 8 for £20k...11 stamps full Bentley history.

[classicaholic]

The Bentley looked nice on the pics but I would have had your XK any day! I very nearly swapped a Ferrari 328 for one a while ago, shame that didn’t come off.

[AndrewO]

Actually its the father-in-laws but I'm the family car nut so it came my way to sell. I had it in the garage for a couple of weeks and it was nice to experience the ownership but It left too many oil marks on my drive...soot marks on the garage door

[classicaholic]

The old mechanics used to say if it’s not leaking oil it needs topping up!