Aston Martin sale exceeds £10m

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Published: Sunday 10th May 2015 by The News Editor

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Auction house Bonhams’ biggest Aston Martin sale has achieved more than £10 million.

The sale at Aston Martin Works at Newport Pagnell, Buckinghamshire, featured more than 50 cars and 170 lots of automobilia, with 25% of cars left-hand drive specification. It was the largest in the 16-year history of the event.

The sale set a new record for the event, achieving £10,280,275, including buyer’s premiums.

A 1966 Aston Martin DB5 Convertible in Vantage specification was the highest-priced car of the sale, fetching £1,524,700, while a 1962 DB4 Series IV Vantage Convertible, originally the property of Sir Peter Ustinov, sold for almost the same amount at £1,513,500.

Further sale highlights included the most famous of all “James Bond” Aston Martins, the 1964 Aston Martin DB5 4.2-Litre Sports Saloon, at £595,100; the 1968 Aston Martin DB6 ‘Mark 1’ Volante at £561,500; and the 1960 Aston Martin DB4 ‘Series 1’ Sports Saloon selling for £494,300.

Bonhams’ UK head of motor cars Tim Schofield said: “As pioneers of the single-marque sale, we’ve returned to the Works Service here in Newport Pagnell for another great auction, exceeding all previous year’s totals, with £10.3 million of motor cars sold.

“The quintessentially British marque of Aston Martin attracts interest from enthusiasts across the world, a fact demonstrated here as we took bids from all corners of the globe. This year’s sale attracted a larger and more cosmopolitan interest than ever before, achieving an excellent result.

“The market demonstrated that there is a ready appetite for exceptional examples, even for models that had previously been regarded as not particularly fashionable. The result we achieved for a Virage Coupe illustrated this with £74,300 realised for the stunning 1990 model.”

Paul Spires, commercial director at Aston Martin Works, said: “Today’s Aston Martin Sale has been another hugely memorable occasion with keen bidding, strong sales, and rare and collectable Aston Martin sports cars going to buyers around the world.

“Despite the mixed weather there was a superbly sociable ‘garden party’ atmosphere among the 2,000 or so Bonhams guests who joined us here today – enjoying the sale and helping us to celebrate our 60 years in fine style.”

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Published: Sunday 10th May 2015 by The News Editor

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