Values of classic Australian muscle cars are again on the rise, if recent auction results are any guide.
The standout result of 2016 came at Shannons’ Sydney Spring Classic Auction in November when $225,000 was paid for a one family owned 1969 Holden HT GTS 350 Monaro presented in unrestored ‘survivor’ condition. The Verdoro Green ‘Bathurst’ Monaro from NSW’s Riverina region surpassed its pre-auction $150,000 high estimate by a massive $75,000.
On the Ford side of the ledger, a two-owner Yellow Ochre 1970 Falcon XY GT sold at Shannons’ Melbourne Spring Auction for $176,000, a price not seen for this model at auction since the pre-GFC days. Meantime, an Ultra White 1971 Ford XY GT Falcon 351 V8 automatic sedan presented in good, authentic condition exceeded its $100,000-$125,000 guiding range…