A 100-year-old Rolls-Royce Silver Ghost has become the world’s most expensive Rolls-Royce ever sold at auction after fetching almost £5 million.
The Rolls-Royce, described as “one of the finest ever built”, manages 15 miles to the gallon and is capable of a “cruising” speed of 60mph, according to The Telegraph.
Known as “The Corgi”, named after a line of toys modelled after the car in the 1960s, the car was originally purchased in 1912 for approximately £1,000.
The car was sold by Bonhams at its Goodwood Festival of Speed sale on June 29 for £4,705,500 – making it the most expensive Rolls-Royce ever sold at auction.
The car was sold to an anonymous buyer following the death of its American owner.
The Rolls-Royce was originally bought by John M Stephens of South Croydon in the UK, who employed coach-making company, Barker and Co. Ltd, to do the bodywork.
According to Bonhams, “The Corgi” Rolls-Royce is one of the most widely recognised of the company’s ‘Silver Ghost’ production to survive.
The auctioneers added its “opulent and imposing design echoed the luxurious ‘Pullman’ Railway carriages pioneered by American George Pullman”.
The car has been described by Sports Car Market magazine as “a masterpiece of elephantine Edwardian elegance”.