The Monaro was sold as part of a larger collection of collectible cars that went up for auction which included a 1996 Holden Commodore VS HSV GTS-R worth more than $300,000.
The car was marketed as the closest HSV road car you could get to the Holden Racing Team cars of the 1996 Australian Touring Car championship season.
No bids were made on the vehicle but there was good interest in some of the other early Holdens, Williams said.
The vehicles that did not sell will be returned to the owner who he said is not that upset about getting them back.