Thursday, February 27, 2014

Classic Cars at Charterhouse

The Charterhouse February classic car auction at The Royal Bath & West Showground was another great success with over £200,000 worth of vehicles sold.

“The classic car and motorcycle market continues to be very buoyant with vehicles selling above estimate.” Commented Matthew Whitney. “With interest rates remaining low in savings accounts, many of our clients would much rather put the money into a classic which they can now enjoy, take to shows, or pop down to the pub on a Sunday. Put simply, you get plenty of smiles for miles with classics!”

A 1925 Riley 12hp four seater sports tourer was the star car at the auction. Sold for a client in Poole, it went to a car collector near Bridport for £36,000 after a bidding war against a specialist car museum in Devon. 

Elsewhere in the auction, a one family owned 1958 MG Magnette, which had been stored for many years in a barn that had become overgrown with brambles sold very well. Needing total restoration, it was pulled out of hiding and sold for £3,500. With Summer due sometime later this year, a 1961 Morris Minor convertible, adapted from a saloon, also sold well to a Norfolk bidder at £9,000, a 1923 Maxwell tourer, being sold for a client in Surrey, sold for £8,700, a 1962 Morris Mini-Minor which had only had one lady owner from new, sold for its Kent owner at £7,600.

However, perhaps one of the more unusual lots in the Charterhouse auction was a 1983 Leyland Titan double decker bus. Having covered more miles than you will ever have hot dinners, it sold for a client in Cyprus bidding live on the internet, for £4,000.

Charterhouse is now accepting for their forthcoming Spring auctions including medals, militaria, coins, stamps & other collectors items on Friday 14th March, followed by classic cars and motorcycles on Sunday 6th April and an auction of pictures, prints and books also in April.

For further information regarding these auctions, or to arrange a home visit, please contact Matthew Whitney, Associate Partner at Charterhouse, The Long Street Salerooms, Sherborne, Dorset 01935 812277 www.charterhouse-auction.com or via email on info@charterhouse-auctions.co.uk

1925 Riley 25hp sold for £36,000
1958 MG Magnette, as discovered by Charterhouse, sold for £3,600
1983 Leyland Titan bus, sold to a buyer in Cyprus for £4,000
1961 Morris Minor convertible sold for £9,000
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For further information regarding this article, please contact Richard Bromell, Partner