DB4GT sets record for highest price paid for an Aston Martin

Article by Anita Panait, on May 20, 2013

A world record auction price of £3,249,500 was set during the Aston Martin Centenary Sale at Aston Martin Works on May 18, 2013. The amount was paid for an Aston Martin DB4GT, making it the highest ever price paid for an Aston Martin at an auction. There are the reasons why that Aston Martin DB4GT, called “The Jet,” fetched such world record price.

First, it was the last DB4GT to be produced. It is also a unique model, with coachwork done by Italian design house Bertone. Unveiled at the 1961 Geneva Motor Show, the Aston Martin DB4GT was one of the first design commissions for Giorgetto Giugiaro, who became one of the most celebrated automotive designers.

The previous owner of the Aston Martin DB4GT commissioned Aston Martin Works to restore it to concours condition, allowing the vehicle to grab 12 awards on the way, including first in class at Pebble Beach and the Hurlingham Club as well as the best in show at Villa d’Este.

The Aston Martin Centenary Sale generated over £10 million in sales, with every lot sold – 197 of them. Several ‘barn find’ Aston Martin models comprised the lots, including a 1964 DB5 coupe in original condition and with less than 48,000 miles on the gauge. Despite needing restoration after 30 years in the barn, the DB5 was sold for £320,700. The annual Bonhams auction was the 14th held at Aston Martin Works and became the first major event to make use of the new Heritage Showroom, the final phase of the major redevelopment of the iconic Aston Martin Works site.

Kingsley Riding-Felce, Managing Director of Aston Martin Works, remarked that the Heritage Showroom allows customers to benefit from the vast knowledge and experience of the Aston Martin Works team -- whether for sales, service or restoration division. He remarked that with the Heritage Showroom, they can now provide the “unique experience of being able to view and compare cars from every era of Aston Martin’s 100 years.”

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