Some people seem to have Midas touch – whatever they touch turns into gold. That is true about ex-Beatle star George Harrison, whose 1965 Aston Martin DB5 changed hands for an astonishing £350,000 or about US$546,000 / €410,000, after a fierce bidding war from fans around the world at the COYS True Greats Auction in London.
The winning bid came from an anonymous Beatle and Aston Martin fan from Houston in Texas who said: “George Harrison would be amazed about all the money his car is going to raise for Christian causes.”
According to Chris Routledge, Managing Director at car auction house the car went for some £150,000 [US$235,000] over its estimate.
Other cars that were sold during the auction included a 1936 Cord 810 Phaeton formerly owned by Led Zeppelin guitarist Jimmy Page that sold for £80,000 [US$125,000] and a Mercedes-Benz 300 SL Roadster that had been stored in an Edinburgh garage for over two decades made £343,000 [US$550,000], or £100,000 over its estimate.
Surprisingly, a Mercedes Benz 540 K formerly owned by Bernie Ecclestone, which had been estimated at £500,000, sold for an amazing £864,000 [US$1.35 million].
Overall, Coys’ sale saw some £4.5 million pounds [US$7.02 million] worth of cars changing hands during the auction.
“It was a fantastic sale with dealers and collectors from all over the world participating,” Routledge. “There is also no doubt that many people who in the past invested in stock and shares are now looking to classic cars as a good investment for the future.”
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