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RM Sotheby's Annual Car Auction At Battersea Evolution Raises £21.5M

Thu 15 Sep 2016

For the tenth consecutive year, RM Sotheby’s hosted their annual car auction at Battersea Evolution in London. This year’s sale was notable for its listings of low-mileage Porsches, many of which sold well above their estimates, including a 1995 Porsche 911 GT2 that sold for £1,848,000. The star of the show was an exquisite 1960 Aston Martin DB4GT which is fitted with rear seats and one of only 45 that were made with right-hand drive sold for £2,408,000.

In amongst some of the world’s most sought-after and best-preserved cars was a “barn-find” 1967 Iso Grifo. Left in storage for over two decades and covered in rust, the unrestored Grifo stood out on the auction floor and attracted many admirers. The car sold for £128,000, smashing its pre-auction estimate.

Another star attraction at the auction at Battersea Evolution was John Lennon’s classic 1956 Austin Princess hearse, a favourite for the Beatles who preferred the Austin’s large open doors to the smaller offerings from Roll-Royce and Bentley. Lennon purchased the car in 1971 and went on to use it the following year in a promotional film for his album 'Imagine' alongside wife Yoko Ono. The car's seats were replaced with five aeroplane seats, which are still in the car. The Austin Princess had an estimate of £185,000 - £260,000 but it failed to sell, which means the car is still available for anyone who wants to own a unique piece of motoring and musical heritage.

RM Sotheby’s Peter Haynes said “London has always been an eclectic sale, with a broad range of classics from veteran ‘London to Brighton’ machinery, through to pre-war cars and up to what we refer to as modern classics.” “It’s a sale that is defined by that broad offer of cars and it will always have cars that are relatively affordable alongside some of the rare and expensive machinery.”

Other cars which sold at the auction included; a 1986 Audi Sport Quattro which sold for £403,200, a 1964 Morgan Plus 4 Plus sold for £128,800 and a 1962 Shelby 289 Cobra sold for £459,200.

Full list of auction lots and their sale prices, please visit: http://www.rmsothebys.com/lf16/london/results/

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