A restored Porsche 356B just sold for an Australian auction record at $352,000


A rare Porsche helped celebrate the marque’s 70th anniversary in style at Shannons Melbourne Auction recently by selling for an Australian auction record $352,000.

One lucky bidder outlasted several other equally determined overseas and local enthusiasts to claim the restored Porsche 356B, together driving its price more than $100,000 above its pre-auction high estimate.

The price confirms the world-market desirability and rarity of the roadster as one of just 248 built.


Also sold at the auction was another Porsche (of sorts) with Kiwi origins – a 1998 McRae Porsche 550 Spyder replica fitted with Porsche 914 mechanical components, which sold well above estimate for $90,000 after a bidding duel between floor and phone bidders.

Shannons say the Porsche results were among a number of highlights of the Melbourne auction, which saw close to $3.5 million in sales and recorded a very good clearance rate of 90 per cent.


As we wrote earlier, a trio of in-demand Nissan Skyline GT-R R32 coupes crossed the block in the same auction, with a silver example that was the 22nd of the 100 delivered in 1991 achieving the highest individual price at $87,000.

Another highlight of the auction was the sale of two early 1960s Cooper Climax T53 ‘Lowline’ single seaters from an Australian collection.

One T53, originally owned by three-time World Champion Sir Jack Brabham and raced in Australia by four-time Australian Grand Prix winner, Lex Davison, sold for $120,000.


Other vehicles that attracted good prices on the night included a partially-restored 1971 Chrysler VH Charger E38 R/T ‘Big Tank’ coupe with a replacement engine that sold for $132,000, a 1994 Dodge Viper R/T10 Roadster that brought $83,000, a 1988 Mercedes-Benz 560SL Convertible in stunning condition that went for $80,000 and a 1939 Hudson Terraplane 76 Coupe that went for $30,000.

The next Shannon’s auction taking place in Sydney on the13th of August will also have a Kiwi connection, with a rare factory right hand drive 1951 Willys Overland 4×2 Station Wagon going under the hammer.

The quirky and seriously cool Willys spent most of its life in New Zealand in a South Canterbury farming community before being comprehensively restored and re-registered by 2004.


After spending time in a prominent Christchurch car collection, it was taken to Australia last year by its current Melbourne collector/owner, but is now surplus to his requirements due to some “recent acquisitions”.

Shannons says the Willys is expected to sell in the $28,000 – $38,000 range.

This first appeared at Stuff.co.nz. See the original here.

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