Bonhams Stuns With This '72 911S

Good Morning! Happy Monday! And what a weekend with three in-person sales closing out at Mecum, Barrett-Jackson, and Bonhams at the Goodwood Member’s Meeting.

Did someone forward you this email? Subscribe HERE for daily Porsche market updates.

THE MARKET

Sell-Through Rate: 87%
Market Volume ($): $3,193,266
Market Volume (Units): 30

TOP SALES

2018 Porsche 911 GT2 RS Weissach $434,000 Barrett-Jackson
2019 Porsche 911 Speedster $396,000 Barrett-Jackson
2018 Porsche 911 GT2 RS Weissach $346,500 Barrett-Jackson
1972 Porsche 911S Coupe $259,503 Bonhams
1996 Porsche 911 Turbo $231,000 Barrett-Jackson

SPOTLIGHT

Avid readers of our newsletter can tell you that when it comes to sales across the pond, we only report on cars that are over 25 years old and eligible for import and that the market overseas is much softer than what we’ve seen here in the States as of late.

This 1972 911S checks the first box as it’s over 25 years old. Finished in a shade of Sea Blue with Beige leatherette and corduroy seat centers, marque specialists restored this car to be dead on to its original specification. No sympathetic upgrades, period-correct accessories, nothing. Just as it was the day it left the factory. And with only 350 miles on the clock since its completed restoration in 2020, this car is as it was the day it left Canford Classics.

Now the market. Prices in Europe and the UK have typically been lower than in the US market over the last twelve months as inflation and other economic headwinds have had a greater effect. All ‘72 911S’ sold overseas have sold below the moving average of $179,000. That is until this example fetched an amazing $259,503 (without fees), making it the second-highest sale in the past 5 years.

So what pushed this UK sale close to the record books? Well, it’s just that, it was a UK sale and it was a right-hand-drive UK car. Add to that it is a rare 1972 “Ölklappe” car with the one-year-only external oil filler and you have probably 1 of 70 cars built. And then with Sea Blue paint you’re most likely down to the only Sea Blue RHD 1972 911S’ in existence, and then you take into account its extraordinary condition.

Now you might be thinking to yourself this example was extremely well sold. But considering outside an RS, this is the one to have, I’d have to lean towards well-bought. Find another like this.

To read the FULL Stuttgart Market Letter, with Noteworthy Sales (and No Sales), New Listings, and a full rundown of every Porsche sold today, subscribe below.