Pagoda SL Group
W113 Pagoda SL Group => General Discussion => Topic started by: mdsalemi on May 27, 2021, 13:30:27
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I do not keep my ears glued to the ground nor am I constantly scouring the auction sites or attending auctions or tracking what happens at them. But many here do, either casually or for professional reasons.
However I do get newsfeeds from some of them and I hear that both RM Sothebys and Bonhams had good success at the Amelia Island auctions very recently…
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Yes, they did. The reason lies in two areas.
No 1, there is a desire to get back to "live" auctions after the pandemic restrictions. See cars, meet people.
No 2, Amelia Island once again had the classic auction audience. Serious, well-to-do collectors and resellers. That crowd usually populates live auctions, not so much on-line events.
Also, the offerings were quite biased towards older cars, many pre-WWII, which is not a favorite of younger bidders that go to BaT, for example.
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I go to a few local Classic car Auctions purely for interest. Very recently the prices for pagodas have gone a bit mad here. If its a UK RHD Auto good history etc they sell very well. I wondered if the USA are seeing a bit of a surge or not?
Couple of recent auction examples are: a 230 half restored - in bits - finish your self £100k ($140k)
A very nice 280 £190k ($270k)
Cheapest 230s that are half decent are around £80-90k ($115-130k)
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I would be glad to sell my "half decent" 280SL for that kind of money. Complete history all the way back to the first owner and selling dealership.
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Right Hand Drive car prices particularly, have certainly appreciated a lot in the last couple of years in Australia as well, along with the cost of repair and restoration.
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@ianwhitew ???