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Auctioned Ferrari Dinos fetch more than £380,000

Mon, 26 May 2014

TWO FERRARI Dino cars have sold for a combined £383,000 during the same auction, despite one of them needing significant restoration.

The model has in recent years become a golden goose for any owners lucky enough to have acquired one years ago, and the latest Silverstone Auctions sale shows what a cash cow even poor condition examples have become.

A recently-restored 1971 Dino topped £250,000 inclusive of its buyer's premium, while the rusting form of a 1973 version still brought about a £132,500 sale.

However, it wasn’t just Ferraris that proved popular with the crowds at the sale, which took place at the Wing, Silverstone.

Proving that Porsche prices are continuing to rise, a 1973 Porsche 911 S 2.4 Targa sold for a premium inclusive £105,800, more than £20,000 over its upper estimate. A 1989 Porsche 911 930 Turbo, with just over 24,000 miles on the clock, sold similarly well, achieving a total of £92,000, nearly £40,000 over its lower estimate.

Speaking after the sale, managing director of Silverstone Auctions, Nick Whale, said: “This is another fantastic set of results for us and I hope our vendors are as delighted as we are. The team brought together a very exciting catalogue with many of the cars on offer impossible to ignore.”

By Press Association reporter