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Top 10: High-value auction buys of 2014

There have been some eye-watering prices paid for some of the world’s most desirable classics over the last few months, including almost £23 million for a 1962 Ferrari 250 GTO. The most iconic models from marques like Lamborghini, Aston Martin and Ferrari are fetching record sums when they go to auction, adding fuel to the fire of soaring classic car prices.

But will this ‘boom’ be followed by ‘bust’ at some point soon? Auctioneers tell us that high-end buyers are using their own (rather than borrowed) money nowadays, seeing classics as a sound investment, and demand is likely to remain high. Let’s take a look at ten of the highest achievers of 2014

By Paul Guinness, Contributor

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1955 Austin-Healey 100S Sports Racer – £673,500

What is it that makes a buyer pay so much for an Austin-Healey? Well, naturally this is no ordinary example, being a unique ex-David Shale car with a fascinating pedigree. Its record as a club racing contender is outstanding, having competed over a seven-year period from 1955 until ’62.

As a genuine 100S, it’s one of only 55 such Austin-Healeys produced during 1955, of which just 38 are believed to survive today. Fully restored and in superb condition, it’s one of the best examples of a true rarity.

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