1958 Aston Martin brings record amount at auction

(November 21, 2013) LONDON — A stunning 1958 Aston Martin DB2/4 MK III that sold at Silverstone Auctions’ sale at the Lancaster Insurance Classic Motor Show is believed to be the highest price ever paid for the coupé model at auction.

The car, which was owned by the same family for 55 years since it was bought brand new in 1958 for £3,242 19 shillings and 6p ($5,219), was sold for a record £220,800 ($353,280) at the sale on Nov. 15. As well as being one family owned, it benefitted from one of the largest history files the auction house has ever seen as well as receiving an extensive restoration in the late 1990s.

Commenting on the sale, Guy Lees-Milne, classic car specialist at Silverstone Auctions, said, “We are delighted to have secured such a fantastic price for the vendor of this fabulous Aston Martin, achieving what we believe is the highest price ever paid for this particular model at auction. Our results across the whole sale were pretty exceptional and setting a new model record was the icing on the cake.”

However, the sale of the Aston Martin wasn’t the only record breaker at the NEC sale as the auction house also achieved an all-time sales record of £2.7 million ($4.3 million), doubling its achievements at the same sale last year.

Guy added, “It’s been a fantastic year for Silverstone Auctions offering some truly memorable cars along the way. Achieving a new record for such an iconic model really is testament to our ongoing commitment to providing vendors and buyers alike with the best service, advice and support. We look forward to demonstrating this again at our first sale in the New Year at Race Retro.”

Quality consignments are now being invited into Silverstone Auctions’ sale at Race Retro which takes place at Stoneleigh Park in Warwickshire on Feb. 22.