CAR AUCTIONS

lozcb

Member
Messages
12,584
Did anyone see the results of the Anglia Car Auctions from Saturday?
There was 20 year old Mercs that were going through there barely making £3 grand. Not far off a price of a 4200 Maserati when new I’m guessing.
Yeah I watched it all on the Sunday
 

lozcb

Member
Messages
12,584
That E Type looked good value at £16K , bit of hassle involved getting a plate for it but well worth it , but most seemed to be struggling , the VW camper was the only noticeable surprise well above estimate
 

Nibby

Member
Messages
2,096
That E Type looked good value at £16K , bit of hassle involved getting a plate for it but well worth it , but most seemed to be struggling , the VW camper was the only noticeable surprise well above estimate
I think the days of anything making good money at an auction are over for the time being.
Certain VW’s seem to be a law unto themselves when it comes the market.
 

zagatoes30

Member
Messages
20,957
I always see E Types being a barometer or the market, there are enough of them to satisfy demand at most times so any price fluctuations are driven by what buyers are prepared to pay. Currently they are down across the board (resto to concours).

The low end of the classic market is certainly flat but there don't seem to be that many more cars on the market just buyers aren't prepared to pay the inflated numbers that they were. Good time to buy but not to sell.
 
  • Like
Reactions: Guy

Nibby

Member
Messages
2,096
I always see E Types being a barometer or the market, there are enough of them to satisfy demand at most times so any price fluctuations are driven by what buyers are prepared to pay. Currently they are down across the board (resto to concours).

The low end of the classic market is certainly flat but there don't seem to be that many more cars on the market just buyers aren't prepared to pay the inflated numbers that they were. Good time to buy but not to sell.
Although I think the E-type will always be special I do think some of their owners/fans are sadly passing away now and the car slightly losing its appeal sadly. Perhaps the new barometer might be a Sierra Cosworth now?
 

lozcb

Member
Messages
12,584
Although I think the E-type will always be special I do think some of their owners/fans are sadly passing away now and the car slightly losing its appeal sadly. Perhaps the new barometer might be a Sierra Cosworth now?
Very possibly , although owning an E type should be considered an investment in art to be enjoyed , where as the Sierra Cosworth is a diamond wrapped in a Jelly mould , but even the Cosworth at estimate £35-40K i believe only reached £26K
 

zagatoes30

Member
Messages
20,957
The problem with fast Fords is that all bar a very few were built to a mass market budget and hence not built to last, how any Escort, Sierra or Capri can be worth more than a Maserati or in some cases a Ferrari is beyond me.

The E Type always has a style of its own but I have never liked the roadster but often find myself considering a FHC
 
  • Like
Reactions: Guy

Phil H

Member
Messages
4,171
The notion that something is valuable 'just because' eludes me, whether it's a piece of 'art' or a car.

A pickled shark for a few grand? Not for me.
Zillions for unrecognisable splashes of paint on a canvas with some pretentious twaddle of what it represents? Why?

£40k and rapidly upwards for an E-Type? Well that depends on the quality of the car and the alternatives available at the time. The problem with E-Types in particular is that dealers have pumped the market and private sellers have come to expect big prices which, with the odd exception, I don't think are justified, and I don't get the fast Ford prices either. Nostalgia is fine, but its price tag is often too silly for words.

Back in the 70's our neighbour bought one of the last 50 V12 E-Types; a gorgeous car that could now be 'worth a fortune' if it's still around, but an E-Type probably won't be at the top of my list if/when I win the lottery.
 

CatmanV2

Member
Messages
48,806
Zillions for unrecognisable splashes of paint on a canvas with some pretentious twaddle of what it represents? Why?

It's an interesting question, and one that there is no concrete answer to, but I recall the experience I had. We were visiting Tate Modern, originally because there was a retrospective of Hopper's work and we'd happened to catch 'Imagine' on BBC2 about it. Nothing pretentious, just felt like a cool thing to do on a weekend. Here's one of his most famous if you're not familiar?

Nighthawks_by_Edward_Hopper_1942.jpg


There was also a Modern Art show on (Lots of Roy Lichenstein)

Whaam-acrylic-oil-canvas-panels-Roy-Lichtenstein-1963.jpg


And Jeff Koontz

Screen-Shot-2021-11-15-at-11.41.44-AM.png


But also a Henry Moore retro (he actually lived just up the road from us), and I walked into the room, and saw one of his pieces.

And I *honestly* think that if I had a couple of million quid lying around doing nothing I'd have bought some of those pieces, stuck them in the living room and *just looked at them*

And I have no idea at all why.....

C
 

Felonious Crud

Administrator
Staff member
Messages
21,196
It's an interesting question, and one that there is no concrete answer to, but I recall the experience I had. We were visiting Tate Modern, originally because there was a retrospective of Hopper's work and we'd happened to catch 'Imagine' on BBC2 about it. Nothing pretentious, just felt like a cool thing to do on a weekend. Here's one of his most famous if you're not familiar?

Nighthawks_by_Edward_Hopper_1942.jpg
Night Hawks, the top one? Something like that. At least 4 stories there.
 

CatmanV2

Member
Messages
48,806
Night Hawks, the top one? Something like that. At least 4 stories there.
Yes it is. We have a print in our living room. I think it's fascinating.

Works very well next to some of Magritte's 'Empire of light' series

At least in my opinion ;)

The_Empire_of_Light_Belgium.jpg


Also the 'resident photographer' of our favourite hotel in Norfolk has some similar works:


C
 

Phil H

Member
Messages
4,171
A Nighthawks print for £155 framed, I get that and find it a very appealing piece of art (reminiscent of Vettriano whose work I like):


Lichtenstein's done some nice work, but a silk screen for nearly £40k, really? Even as a statement piece I can't see the logic, and is a signature worth that much?


This was once sold by Bonhams for around £600; I later bought it for much less and it's an original Craig Warwick. It's not a decorator's piece and has niche appeal, but it has great composition and a phenomenal amount of content so I'm a happy bunny.

image.jpg


I know it's beauty-in-the-eye-of-the-beholder and all that, but I sometimes feel that the art world has more bs than talent, especially when abstracts by certain artists sell for insane sums. Still, if sanity prevailed in this world of madness, who would buy Maseratis............
 

Phil H

Member
Messages
4,171
Euro lottery tonight - I wonder............


 

CatmanV2

Member
Messages
48,806
A Nighthawks print for £155 framed, I get that and find it a very appealing piece of art (reminiscent of Vettriano whose work I like):


Lichtenstein's done some nice work, but a silk screen for nearly £40k, really? Even as a statement piece I can't see the logic, and is a signature worth that much?


This was once sold by Bonhams for around £600; I later bought it for much less and it's an original Craig Warwick. It's not a decorator's piece and has niche appeal, but it has great composition and a phenomenal amount of content so I'm a happy bunny.

image.jpg


I know it's beauty-in-the-eye-of-the-beholder and all that, but I sometimes feel that the art world has more bs than talent, especially when abstracts by certain artists sell for insane sums. Still, if sanity prevailed in this world of madness, who would buy Maseratis............

Not really comparing like for like there. As far as I know the original Nighthawks isn't for sale :)


C
 

Phil H

Member
Messages
4,171
Not really comparing like for like there. As far as I know the original Nighthawks isn't for sale :)


C
The devil is in the detail C. The Nighthawks print is just that, so a nice picture for a modest sum, whereas the Lichtenstein silk screen is 'just' one of a run of 280 so value-wise it can't be compared to an original of anything - and for c£40k!

What I can't get my head around is someone paying c$300 million for the original of this:

1712909576150.jpeg
 

MarkMas

Chief pedant
Messages
8,948
Not really comparing like for like there. As far as I know the original Nighthawks isn't for sale :)


C

Yes, but it does raise the issue of why the original of something is worth millions, but a near-perfect reproduction is hundreds, if it the 'art' that counts. (I think there was some proposal about copying 'great works' from London and exhibiting them all round the country, with some people saying it was a con to deprive Northerners of the 'real thing' and others saying 'why not give everyone the chance to experience 99.999999% of the real thing?'.
 

CatmanV2

Member
Messages
48,806
The devil is in the detail C. The Nighthawks print is just that, so a nice picture for a modest sum, whereas the Lichtenstein silk screen is 'just' one of a run of 280 so value-wise it can't be compared to an original of anything - and for c£40k!

Well, yes, and then, no. The screen print is still an original, unless I'm reading it wrong, by and signed by Lichtenstein. Not actually uncommon for multiple copies if artworks to exist. Of course, there's only one Mona Lisa ;)

What I can't get my head around is someone paying c$300 million for the original of this:

Yeah, beats me!

Yes, but it does raise the issue of why the original of something is worth millions, but a near-perfect reproduction is hundreds, if it the 'art' that counts. (I think there was some proposal about copying 'great works' from London and exhibiting them all round the country, with some people saying it was a con to deprive Northerners of the 'real thing' and others saying 'why not give everyone the chance to experience 99.999999% of the real thing?'.

Totally agree. It's not a question I have any answers to

C
 

Ebenezer

Member
Messages
4,508
Yes, but it does raise the issue of why the original of something is worth millions, but a near-perfect reproduction is hundreds, if it the 'art' that counts. (I think there was some proposal about copying 'great works' from London and exhibiting them all round the country, with some people saying it was a con to deprive Northerners of the 'real thing' and others saying 'why not give everyone the chance to experience 99.999999% of the real thing?'.
I concur
Eb

As someone who has one original artwork, several numbered/signed copies and the rest prints where the frame cost more than the art