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Chummy at Mathewsons

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Chummy at Mathewsons
Nick Salmon Offline
Older, but none the wiser...
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Location: North Herts
#1
30-09-2024, 06:41 PM (This post was last modified: 30-09-2024, 06:57 PM by Nick Salmon.)
If this estimate is correct then the market really has crashed...


   

https://www.mathewsons.co.uk/auction/lot...6&pn=9&g=1
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Hurvinek Offline
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Joined: Aug 2022 Posts: 93 Threads: 18
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Location: Switzerland
Car type: 29 RF/29 B/29 AE/32 EA rep./34 AVH
#2
30-09-2024, 07:37 PM
Tasty!
Does anyone know about this car? It's not in the register...
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Hugh Barnes Offline
Still learning...
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#3
30-09-2024, 09:44 PM
I will be fascinated to see what the car makes. Makes we wish I had not bought my chummy 3 years ago... :^(
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Charles P Offline
Eternal Repairer
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#4
30-09-2024, 10:03 PM
(30-09-2024, 09:44 PM)Hugh Barnes Wrote: I will be fascinated to see what the car makes. Makes we wish I had not bought my chummy 3 years ago... :^(

But you've had 3 years more fun
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Nick Lettington Offline
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Location: Essex
#5
30-09-2024, 11:46 PM
I thought this was a steal too...

   

https://auctions.doreandrees.com/catalog...e-lot-26a/
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Tony Griffiths Offline
First Grey Mag editor
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Joined: May 2018 Posts: 2,944 Threads: 557
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Location: Peak District, Derbyshire
Car type: 1929 Chummy, 1930 Chummy, 1930 Ulster Replica, 1934 Ruby
#6
01-10-2024, 12:44 AM
Once this starts happening, it might become a self-fulfilling prophecy, and people hold off buying, hoping that prices will fall further. Knowing that prices are down, people hold off selling in the hope that the market will correct itself - which it will, as the supply of good examples has now dried up.
http://lathes.co.uk
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Ian Wegg Offline
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Joined: Aug 2021 Posts: 185 Threads: 10
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Location: Petersfield, Hampshire
Car type: AG Tourer
#7
01-10-2024, 07:59 AM
Auction houses frequently set low estimates to attract interest, wait and see what it actually gets. 

Bear in mind that Derek Mathewson has frequently said he doesn't like Austin 7s and can't understand the interest in them. (He doesn't always get it right, this is the man who valued MacKenzie Crook's TR7 at £3,500-£4,500, which sold for £32,000!!)

The link to the auction is: https://www.mathewsons.co.uk/auction/lot...?lot=35779 - Sale on 18th October

For comparison, this one has just popped up: https://www.robinlawton.com/cars/1926-au...-ad-chummy - Buy it now!
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Hugh Barnes Offline
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#8
01-10-2024, 08:24 AM
(30-09-2024, 10:03 PM)Charles P Wrote:
(30-09-2024, 09:44 PM)Hugh Barnes Wrote: I will be fascinated to see what the car makes. Makes we wish I had not bought my chummy 3 years ago... :^(

But you've had 3 years more fun

I suppose that is true if you include the 2 years sorting it out and last year on the road..

:^)
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Charles P Offline
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#9
01-10-2024, 01:50 PM
(30-09-2024, 11:46 PM)Nick Lettington Wrote: I thought this was a steal too...



https://auctions.doreandrees.com/catalog...e-lot-26a/



There was a post on the Facebook Austin Seven group yesterday from a chap wanting to sell that very car, after what he described as "a very short term".
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Ivor Hawkins Offline
Mechanically sympathetic
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Location: The village of Evenley
Car type: 1934 Austin Seven RP Deluxe
#10
01-10-2024, 02:54 PM
I’ve been keeping an eye on Austin Seven and Ten sales over the past year or so and prices have plummeted, regardless of the silly asking prices you see. Only the “proper, desirable cars” make good money.

I think it’s inevitable really, as most of us who love these cars and relate to them are getting on a bit now, more of us are falling off the twig and more are emerging from garages and it’s the 70s and 80s cars that todays enthusiasts seem to want these days.

I noticed that Wayne Horne was selling a perfectly serviceable and nicely running Ten last month for under three grand saying if no one bought it, he’d be forced to break it…such a shame…
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