Vintage 1960s Hymac 480 Sells for €18,000

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Euro Auctionsrecord breaking auctioneers of industrial plant, construction and agricultural machinery, has all manner of equipment go over the ramp at each sale. At the recent sale on 4th to 6th of July, an iconic Hymac original rolled across the ramp and took everyone by surprise! 

An early 1960’s Hymac 480 tracked excavator sat in the queue to go over the ramp, without anyone thinking the model was particularly special. It was in good order, and excellent working condition. It was un-modified and was in its original pain finish and liveried to a previous owner, Glencroft Civil Engineering Ltd from Stockport, Cheshire.

Euro Auctions valued the Hymac 480 at around £4,000 which was a realistic valuation for the year and condition. The bidding started slowly, with the auctioneer trying to get the bidding to go on and on, and it did. It soared past the expected valuation, to £5,000 and climbed to £8,000 which was double the anticipated hammer price. By now the atmosphere in the sales arena was palpable. It soared to £10,000 and with a few determined bidders slugging it out like a game of tennis on the Wimbledon centre court it settled and was sold at £16,500 over four times its expected hammer. There was a sigh of relief, and a round of applauds from the crowd.

So, what was special about this little 480? “We knew that this was a special little machine” explained Jonnie Keys, Euro Auctions’ Operations Manager. “And with the right buyers in the room, we knew it could make decent money. However, we didn’t bank on the international interest in this machine, which was staggering. There are many collectors for these models, some collectors focus on specific brands, others on particular years. Or it may be the type of machine that started someone’s career or Business Empire. A slice of history.

 

 

 

This Article was originally seen at

https://cpnonline.co.uk/news/vintage-1960s-hymac-480-smashes-estimated-sale-price-and-sells-for-16500/

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