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The Ford Falcon GTHO Phase III once owned by Jeff Thomson sold for $1.030 MILLION dollars at auction today, 16 June 2018. Jeff Thomson originally paid $23,000 for it before selling it. Phase 3 Under the Auction Hammer in Bathurst New South Wales. • Phase 3 Under the Auction Hammer in Bathur... Here is the full list of top bids at Lloyds Auction Bathurst. 16.6.18 LOT: 100 1979 Mazda RX7 $36,500 101 1964 Honda S600 convertible $18,500 102 1962 Morris Mini 850 $14,200 103 1983 Datsun 280ZX $18,500 108 1966 Holden HR 66A sedan $10,500 109 1975 Holden HJ Kingswood sedan $5900 110 1976 Holden HJ utility $13,500 111 Holden VQ Statesman Caprice HSV 5000 $16,000 112 1979 Holden Sandman utility $33,000 113 1985 Holden VK Calais $20,500 114 1981 Holden WB van $8000 117 1971 Holden HG SSA drag car $17,000 1977 Holden Torana Prototype A9X 4-door touring car $300,000 200 1977 Holden Torana SS A9X hatchback GMP&A $500,000 201 1978 Holden Torana LX SS hatchback $59,300 202 1976 Holden Torana LX SLR5000 $80,000 205 1973 Holden Torana LJ GTR XU-1 $150,000 206 1971 Holden Torana LC GTR XU-1 $59,000 207 1972 Holden Torana LJ GTR Xu-1 replica $43,500 208 1971 Holden HQ Monaro GTS coupe $110,000 209 1974 Holden Monaro sedan $70,000 210 1988 Holden VL Walkinshaw Perkins engine $156,000 211 1996 Holden HSV Commodore GTS-R $91,000 212 1986 Holden VL Commodore Group A $96,000 215 1984 Holden VK SS Group 3 $64,500 219 1969 Ford XW Falcon wagon $21,500 220 2007 Ford BF Falcon Mk2 FPV Pursuit utility $75,000 221 1988 Ford Sierra Cosworth $60,000 222 1970 Ford XW Falcon GT sedan $112,000 333 1971 Ford XY Phase 3 GT-HO $1.030 million 334 1971 Ford XY Falcon GT wild violet $250,000 335 1970 Ford XY Falcon utility Moffatt history $162,000 336 1977 Ford XC Falcon hardtop Dick Johnson racer $330,000 ------------------------------------------------------------------------------------------------- 300 GTHO Phase IIIs were produced from May 1971 to November 1971 in Australia. Value: The Phase III GTHO is in incredibly high demand with collectors and investors. Good examples have been sold for prices in excess of A$ 1,000,000.This demand is, in part, due to a small production run, and 'fewer than 100 remaining' examples of the GTHO. A Falcon XY GTHO Phase III was sold at by Bonhams & Goodmans at auction for A$683,650 in March 2007. The car had only 40,000 km on the clock. The buyer of the car said it will be garaged, and that it will not be driven, but that he will be "keeping it as an investment". The sale price set a new auction record for Australian muscle cars.Whilst in June 2007 another Phase III sold for AU$750,000. The Ford Motor Company Falcon XY GT is a muscle car based on the Ford Falcon XY. Released in 1970 by Ford Australia with the GTHO Phase III released in 1971. Some 1,557 units were produced from September 1970 to December 1971 with 300 GTHO Phase IIIs produced from May 1971 to November 1971. It was the fourth in the initial series of Ford Falcon GT muscle cars. A limited number were exported to South Africa, wearing Fairmont GT badging. The Fairmont GT model is starting to increase in value as Falcon GTs become harder to find and buyers beginning to see the Fairmont as a genuine GT. With the rev limiter disabled it is capable of 228 kilometres per hour (142 mph) and can exceed 7,500rpm (at high risk of engine failure) in fourth gear. The rev limiter is set to 6,150rpm. The engine type was a 351 Cleveland (carried over from the XW GT/GT-HO Phase II). https://en.wikipedia.org/wiki/Ford_XY... VIDEO CREDIT: Lloyds Classic Car Auctions. "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."