MatchFuzee Posted August 19, 2015 Share Posted August 19, 2015 1943 Sherman M4A1 Grizzly I Cruiser:- http://www.classic-auctions.com/Auctions/14-10-2015-ImperialWarMuseumDuxford-1392/1943ShermanM4A1GrizzlyICruiser-40128.aspx Quote Link to comment Share on other sites More sharing options...
Bob Grundy Posted August 20, 2015 Share Posted August 20, 2015 Is this the one at Duxford. So is the IWM selling it or is it owned by a private person ? If the former, the question is why? Quote Link to comment Share on other sites More sharing options...
Adrian Barrell Posted August 20, 2015 Share Posted August 20, 2015 Still privately owned, I believe. A Mr Harvey? Quote Link to comment Share on other sites More sharing options...
hickjc Posted August 20, 2015 Share Posted August 20, 2015 Reserve is normally bottom estimate, don't reckon it will make it. Quote Link to comment Share on other sites More sharing options...
RattlesnakeBob Posted August 20, 2015 Share Posted August 20, 2015 Reserve is normally bottom estimate, don't reckon it will make it. Not really having a clue as to what a Sherman is fetching on the market these days so what does everybody think on the price they're suggesting ? I'd have thought a really 'good condition running useable Sherman' was well worth £150 grand myself?..... There seem to have been quite a few wrecks in various conditions around the internet in the last few years and they're regularly (supposedly ?) selling anywhere between £30 and £50 grand?....... Now, I would imagine it is well easy to spend at the very least another £50 grand rebuilding one on parts alone never mind factoring in the hours of work especially if you are having to pay a specialist restorer ?.......So, all things considered I'd say £150,000 would be about right? in fact I'd go so far as to say ..a bargain ?...and if that lottery comes in before the auction she is MINE I 'm telling ya ! .but.....as I said ....... "Me? I know nuttin !" Quote Link to comment Share on other sites More sharing options...
draganm Posted August 20, 2015 Share Posted August 20, 2015 all the restored/running Sherm's I've are right at $300K, so the auction estimate of 150 to 200K pounds is normal Quote Link to comment Share on other sites More sharing options...
Eugene Posted October 14, 2015 Share Posted October 14, 2015 Any news of the sale yet? Here's me with the self same Grizzly (number 1 no less) in Plymouth just after it was imported in 1984. Before going to Duxford it resided here in Cornwall. Quote Link to comment Share on other sites More sharing options...
Eugene Posted October 14, 2015 Share Posted October 14, 2015 This is it some time later when it was kept at the late Charlie Mann's museum at Lamanva. Quote Link to comment Share on other sites More sharing options...
MatchFuzee Posted October 14, 2015 Author Share Posted October 14, 2015 Any news of the sale yet?Here's me with the self same Grizzly (number 1 no less) in Plymouth just after it was imported in 1984. Before going to Duxford it resided here in Cornwall. The auction is today and the results should be online tomorrow. Quote Link to comment Share on other sites More sharing options...
hickjc Posted October 14, 2015 Share Posted October 14, 2015 (edited) For those who are interested it made 100k and was provisionally sold. And by comparison, a professionally restored 86 Inch Series 1 made £35,500 plus 12% commission, £39,750!!! Edited October 14, 2015 by hickjc Quote Link to comment Share on other sites More sharing options...
Packhow75 Posted October 14, 2015 Share Posted October 14, 2015 (edited) Or is 100k total cost or to include buyer's commission at 12%? Cheers Tim Edited October 14, 2015 by Packhow75 Quote Link to comment Share on other sites More sharing options...
James Shopland Posted October 14, 2015 Share Posted October 14, 2015 Thank you.[ QUOTE=hickjc;453345]For those who are interested it made 100k and was provisionally sold. And by comparison, a professionally restored 86 Inch Series 1 made £35,500 plus 12% commission, £39,750!!! Quote Link to comment Share on other sites More sharing options...
hickjc Posted October 14, 2015 Share Posted October 14, 2015 It was £100k plus commission, so £112k total price. Reserve I presume was bottom estimate which was 150k. Quote Link to comment Share on other sites More sharing options...
Eugene Posted October 14, 2015 Share Posted October 14, 2015 Thank you hickjc, were you at the sale? Quote Link to comment Share on other sites More sharing options...
hickjc Posted October 14, 2015 Share Posted October 14, 2015 I was going to go but things got busy in the office and as a result I did not make it. Watched it live online instead. Quote Link to comment Share on other sites More sharing options...
senschu Posted October 14, 2015 Share Posted October 14, 2015 Presumably if the reserve was bottom end of estimate then 100k ensured it wasn't sold Quote Link to comment Share on other sites More sharing options...
hickjc Posted October 14, 2015 Share Posted October 14, 2015 (edited) If the price is way off, then the auction house will always approach the higest bidder to see if they would be willing to pay the reserve and therefore a deal can be done. The seller may of course also lower the reserve. Sometimes if it is just under, let's say it had been 147k, then the auctioneer can use his discretion to sell it anyway, below the reserve. Quite often they will then lower their fee to ensure the seller gets the same amount as they would have done had it reached the reserve. Edited October 14, 2015 by hickjc Quote Link to comment Share on other sites More sharing options...
ajmac Posted October 14, 2015 Share Posted October 14, 2015 Jon, Are we thinking that the sale actually went through at 100k, or that as it was approx £50k under reserve it remained unsold? As you are not likely to find a more original Sherman today than one of the "originally sold to private collector batch" of Ian mcgregor Grizzlies from the 1980s that the speculative Sherman pricing over the last eight plus years may be waning? Quote Link to comment Share on other sites More sharing options...
draganm Posted October 15, 2015 Share Posted October 15, 2015 For those who are interested it made 100k and was provisionally sold.And by comparison, a professionally restored 86 Inch Series 1 made £35,500 plus 12% commission, £39,750!!! 112K pounds / 150K Euros seems a little low, but it sounds like it's not a runner? and this never saw action, was only used for training, and finally sent to Portugal, so maybe about right Noting that work is needed to various electric and hydraulic cables, the vendor variously rates the Grizzly as 'excellent' (engine, manual transmission, body), 'excellent / good' (paintwork) or 'good / fair' (interior). More complete and original than many of the Shermans that have come to market in recent years, CT160194 - Quote Link to comment Share on other sites More sharing options...
senschu Posted October 15, 2015 Share Posted October 15, 2015 It is definitely a runner I have seen it driven at Bovington and Duxford Military days at over 25+ mph! Quote Link to comment Share on other sites More sharing options...
senschu Posted October 15, 2015 Share Posted October 15, 2015 It is advertised on Milweb with three Sherman hulls all priced at 75-85k !! So a complete runner with provenance from the forties must be around 150k Quote Link to comment Share on other sites More sharing options...
senschu Posted October 15, 2015 Share Posted October 15, 2015 "...........so allied armour has either peaked price wise or this is just one auction result........of course if this had been a German tank eg Panzer IV it would have been gone at around 750k! Quote Link to comment Share on other sites More sharing options...
MatchFuzee Posted October 15, 2015 Author Share Posted October 15, 2015 The auction results show it as Not Sold. Quote Link to comment Share on other sites More sharing options...
Niels v Posted October 15, 2015 Share Posted October 15, 2015 the reported bid on the littlefield Pz IV, was 2.5 mil. $ ~ 1.6 mil. £ Quote Link to comment Share on other sites More sharing options...
draganm Posted October 15, 2015 Share Posted October 15, 2015 yeah no kidding, hard to imagine this sold for more than double what a really nice, running Sherman brought at auction. Quote Link to comment Share on other sites More sharing options...
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