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Holden muscle dominates classic car auctions

By Daniel DeGasperi, 02 Mar 2017 News

1968 HK Monaro GTS 327 cover

Big money for old Holdens as Bathurst Monaro sells for $302K

Australian-made Holden models spanning three decades have dominated the first Shannons classic car auction for the year, with a pale yellow 1968 HK Monaro GTS 327 'Bathurst' coupe topping the charts and landing a $302,000 winning bid.

The GTS 327 homologation special used a small-block V8 borrowed from Corvette and a four-speed manual teamed with rear-wheel drive and a limited-slip differential to attempt to trump the Falcon GT at Mount Panorama. It did, winning the Hardie-Ferodo 500 in 1968.

From the same year, a silver mink Monaro GTS 186S coupe landed $92,000 and, from a half-decade later, a HQ Monaro GTS 308 manual sedan saw $60,500 after the 600-strong crowd went silent at the event held in Melbourne earlier this week.

1969 Ford XY Fairmount GTIn between them was an immaculate and original 1988 VL Commodore Walkinshaw that sold for $81,000 while, from the same year, a HDT VL Commodore Group A SS notched up $70,000 for its former owner. Its predecessor, the 1984 HDT VK Commodore SS, managed $61,500 after the gavel fell.

That price was just $1K more than a 1973 HQ Monaro GTS 308 manual impeccably finished in tangerine orange.

Blue Oval fans could save a little extra cash with a 1969 XW/XY Fairmont GT ‘replica’ selling for $55,000 and a 1965 XP Falcon coupe for $33,000. A cool little 1972 Escort Twin-Cam GT eclipsed both locals, selling for a staggering $72,000.

Rolls Royce Silver Cloud III sedanOther international – and not of the Holden limited edition kind – heavy hitters included a 1978 Porsche 911 SC coupe that sold for the same price as the VL Walky ($81,000) and a 1964 Rolls-Royce that was outbid by the above two by $1K. Just let the headline read: ‘Holden more expensive than Rolls-Royce’.

Shannons’ next classic car auction will be held on May 8 in Melbourne.