Whom You Know: £1.23m Aston Martin is a world record in Bonhams sale at Aston Martin Works, Newport Pagnell

Monday, May 21, 2012

£1.23m Aston Martin is a world record in Bonhams sale at Aston Martin Works, Newport Pagnell

BONHAMS SMASH ASTON MARTIN AUCTION RECORD AT 13TH ASTON MARTIN WORKS SALE

£1.23m Aston Martin is a world record in Bonhams sale at Aston Martin Works, Newport Pagnell

Bonhams 13th sale at the home of Aston Martin in Newport Pagnell, Bucks, on May 19th was a £6.5m triumph with records falling before a record crowd of 2,000 bidders and enthusiasts packing the newly relaunched facility, a fabled space among those who love this British marque.

For sale there were 46 breathtakingly beautiful cars including a particularly rare production, a DB4GT Zagato Sanction II Coupe once owned by Tony Smith, the manager of rock star Phil Collins. The car made £1.23m, a new world record for such a car at auction in a sale that made a total of £6.5m, the best sale result for Bonhams since starting sales at Aston Martin’s Works facility.

Tony Smith, a keen historic car racer, has over the years has owned some of the world's greatest cars. The Aston passed to the current owner in Germany via Michael Brinkert and David Clark of Taylor & Crawley some 17 years ago. It was offered with only 4,748 miles showing on the odometer.

After the sale, James Knight International MD of Collectors Cars at Bonhams, said: “With only four Aston Martin DB4GT Zagato Sanction IIs made, '0198/R' represented a once-in-a-lifetime opportunity to acquire one of these fabulous cars, which will become increasingly collectible.”

Specification highlights of the Sanction II cars include an engine built to 4.2-litre specification (the originals used 3.7-litre units); four-speed David Brown gearbox; limited-slip differential with 3.07:1 final drive ratio; all-disc, dual circuit braking; wishbone independent front suspension with co-axial spring/damper units and anti-roll bar; live rear axle with coil springs and double-acting telescopic dampers, located by parallel trailing links and a Watts linkage; rack-and-pinion steering; and a 35-gallon (159-litre) fuel tank. With 352bhp on tap (some 50 horsepower more than the 3.7-litre DB4GT) the Sanction II raced to 60mph in 5.5 seconds and reached the 'ton' in 12.2 on its way to a top speed of 153mph.

Second highest price in the sale was £611,900 for a 1962 Aston Martin DB4 Vantage Convertible from the estate of the late Peter Gwynn. Third highest price achieved was £488,700 for a 1963 Aston Martin DBS Convertible.

There were astonished cheers when a unique 1971 Aston Martin DBS shooting brake estate car once ordered by a Scottish laird for his fishing trips netted a buyer at £345,000. It had been estimated to sell for £50,000 to £70,000. A one-of-a-kind car it comes with a wooden roof rack to accommodate fishing gear as well a couple of sizeable salmon and boasts coachwork by FLM Panelcraft.

A 1994 Aston Martin Virage Volante 6.3-Litre soft-top convertible once used by HRH the Prince of Wales – described by Fast Lane Magazine as “the most aristocratic of convertibles” – sold for £122,000, having been estimated to sell for £50,000 to £70,000.

A car once owned by world boxing champion Lennox Lewis, a 1994 Aston Martin Virage Limited Edition Coupe, sold for £18,290.

James Knight speaking after the auction said:” This sale once again shows the steady rise of interest in Aston Martin cars that we have seen since we started these sales at Aston Martin Works.”

Bonhams

Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go towww.bonhams.com.

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