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Saturday, May 4, 2024

Iconic Holdens break auction records

Not one but two classic Holdens broke auction records yesterday, with one of the highest numbers of classic cars going under the hammer in a single auction.

Two iconic Holdens went under the hammer on Saturday – a 1 of 1 Prototype Holden survivor car VH SL/E Commodore and a 1968 Holden HK GTS Monaro 327 Bathurst Coupe.

Both vehicles broke Australian auction records with the 1 of 1 Holden VH SL/E Commodore selling for six figures at a final amount of $108,000 under the hammer, whilst the 1968 Holden HK Monaro sold for $330,000.

The 1 of 1 prototype Holden is the first time it has ever sold via public auction and both Holdens make records in being the most expensive price achieved for their models at auction.

With nearly 400 classic cars within the auction, ranging from Holdens and Fords through to American muscle and European luxury, Lloyds Auctions say they are set to sell the majority of the vehicles from the auction.

“This auction just proves that the value in classic cars is still going up and people are classifying them as an investment for the future and today the amount of sales would be one of our highest percentages selling under the hammer during the LIVE auction,” said Chief Operations Officer for Lloyds Auctions, Lee Hames.

“As we have seen in recent years, results consistently show that Australian classic vehicles that are in original condition, of limited build number, has a steel bumper, celebrity affiliation or significant provenance just continue to grow in value, and we have seen that here in today’s auction,” he said.

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