Thursday, September 9, 2010

Britain Officially out of Recession... Rusty Old Aston Sells for Over £200,000 / US$300,000

When you think about it, the £160,000 (US$247,000) Aston Martin DBS is a little too common. Sure it's a beautiful machine with a monster V12 under the hood, but everyone and his mother has one these days. Now, what the car connoisseur needs is something a bit rarer; something that's unique. A vehicle with real motoring history coursing through its corroded veins. A fixer upper, even.

Fortunately - for one buyer at least - such a car exists. At Barsons' British Heritage Sale at Sandown Park, a very rare Aston Martin DB2/4 Mk III drophead coupe went up on the auction block with an asking price of £80,000-£100,000 (US$123,000-US$154,000). Not too extravagant; one could easily afford a spanking-new Aston Martin V8 Vantage Roadster or Coupe for that measly amount.

By the conclusion of the sale, however, this particular DB2/4 had fetched the rather more Barsons'-esque price of £206,866 (US$318,875). The Aston, once owned by company founder David Brown and which had spent the better part of thirty years under a tarpaulin, fetched twice Barson's top estimate.

Barons' Managing Director Laurence Sayers Gillan was quoted: "It was an amazing lot that attracted a huge amount of attention and exceeded all expectations."

And with the auction making around £700,000 (US$1.08 million), Sayers Gillan was no doubt laughing all the way to the bank. Recession? What recession?

Also auctioned off – albeit at far more mundane prices – were a very special '66 Lotus Cortina (£40,250 / US$62,000) and a '57 Daimler Conquest Century convertible (£29,000 / US$44,700). One can only speculate on the condition and pedigree of these vehicles given their "humble" sale prices.

By Tristan Hankins

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