James Bond’s 1964 Aston Martin DB5, dubbed by auto auctioneers RM Auctions on Tuesday as the “world’s most famous car,” will go under the hammer in London in October and is expected to fetch over $5 million. The car is being sold by WBEB-FM Philadelphia owner Jerry Lee, who convinced the Aston Martin Lagonda factory to sell it for $12,000 in 1969, becoming its first and only ex-factory owner. See our past interview with Jerry (Page 18), where he talks about the car’s history. Lee plans to use the proceeds from the sale for the Jerry Lee Foundation. It will be auctioned on 10/27.
Jerry told RBR-TVBR why he’s doing this, on 6/1: “Virtually every London newspaper has run a story on it this morning. How this all came about is the guy at RM Auctions, Don Rose, was in the record business and sold his record label. He’s friends with Mike McVay of McVay Media/Syndication. He called Mike one day and wanted to see if he could introduce us two. Don Rose is also the Vice Chairman of the Aston Martin Owners Club. He asked to come down and take some photos of the car at my house on behalf of the Owners Club and perhaps run some of them in the publication. So he came down and took numerous photographs. And all of a sudden I said to him, ‘What do you think this car is worth?’ He said $5 million and up. So I started to think about it — I’ve owned this car for 40 years. It sits in my house. I love the car, but I am equally passionate about what I do, trying to change the world through rigorous education and research in crime. So I asked him what I could do with this – “if you can make me the right type of deal, I’ll do it.” So they did – they cut me an incredible deal. And that’s how it all came about. I had never thought about selling the car, and out of nowhere through Mike McVay this guy shows up at my house.”
Jerry adds, “Sotheby’s is co-promoting the car. Three weeks ago a private seller sold a 1936 Bugatti to a private collector for $28 million, so it sort of takes the lid off of people’s thinking, because up until the then the highest price ever paid at an auction was $12.2 million for a Ferrari – and that was with the same auction house. I have great luck, so God only knows what I will be getting out of this car. But I’m making all kinds of things happen around the world with my Foundation, we’re having tremendous success. We’re doing a lot of things with the Federal Government – this is just fuel in the fire for my trying to make change in the world.”
And he confirms, the car is in running condition, currently with preservatives in the engine. Just drain the preservatives, put in the right fluids and it’s ready to go.
Also, Jerry is being interviewed by The BBC on this at 4:30 PM ET 6/1.
It is the first time the distinctive silver-colored car has been available to the public to buy.
It is one of two, and the sole remaining, of the original “007” DB5s that appeared on screen with Sean Connery behind the wheel in “Goldfinger” and “Thunderball,” RM Auctions said in a statement.
The model comes complete with its “Q-Branch” gadgets including machine guns, bullet-proof shield, revolving number plates, tracking device, removable roof panel, oil slick sprayer, nail spreader and smoke screen, reports Reuters.
Several of the gadgets are fully operational, although the machine guns are not real. It has remained in his possession and has rarely been seen publicly over the past 40 or so years.