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The height of summer – and particularly the school holidays – is traditionally a slow period for classic car auctions, while this year’s cost of living pressures look to be more significant than at any point in recent memory. Fewer sales have been taking place than at other times of the year, with some firms opting to miss the period altogether and wait until early autumn.
The auctions that have gone ahead, however, have been in significant contrast to the prevailing conditions. Indeed, there was not much evidence of a struggling market when Silverstone Auctions held a star-studded sale as part of the Silverstone Classic event on August 27. Much of the talk ahead of it inevitably centred on the black Ford Escort RS Turbo used by Diana, Princess of Wales from August 1985 to May 1988.