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Tuesday, 12 January 2021

The £1.8m assemble-it-yourself classic Aston Martin: Collectible 1960 DB4GT to be sold at London auction - but the buyer will have plenty of work to get it back on the road

  • The Aston Martin DB4GT is being sold in part-restoration condition, having been stripped back 37 years ago
  • The 1960 model is considered the British brand's best post-war road car and is hugely collectible
  • This example was taken off the road in 1983 when the rebuild project began but has never been completed
  • It is to be auctioned almost as a rolling shell, having been dismantled, including the doors, windows, lights and much of the interior
  • It retains its original 3.7-litre 6-cylinder engine, which in its day had an impressive top speed of 152mph
  • Bonhams estimates it could sell for £1.8m - if restored to 'concours' condition it could be worth up to £3mAn extremely rare classic Aston Martin is to be sold at auction in London next month for an estimated fee of up to £1,8million. 

    However, the winning bidder will need to set aside plenty of time and funds to get it back on the road, with the 1960 DB4GT sold as an unfinished restoration project.

    It will go under the hammer at Bonhams' Legends of the Road Sale in Bond Street on 19 February, alongside a £7million Bugatti and sought-after 1965 Ferrari 275 GTS worth an estimated £900,000.

    The assemble-it-yourself Aston Martin: This 1960 Aston Martin DB4GT is being offered to the highest bidder in a dismantled condition. Despite this, it is estimated to fetch up to £1.8million

    The assemble-it-yourself Aston Martin: This 1960 Aston Martin DB4GT is being offered to the highest bidder in a dismantled condition. Despite this, it is estimated to fetch up to £1.8million

    The Aston Martin DB4GT is a key model in the British brand's heritage and is widely considered by many collectors as the finest post-war road car the Bond-favourite firm produced.The ultimate Gran Turismo of its time, the DB4GT was designed to take on the Ferrari 250 GT SWB and eclipsed rivals with a top speed in excess of 150mph and a 0-to-60mph time of just 6.1 seconds. It is powered by a 3.7-litre, six-cylinder, double overhead camshaft naturally aspirated engine with two valves per cylinder producing around 302bhp with power delivered via a four-speed manual gearbox.

    It became one of the first road cars ever measured to be able to accelerate from standstill to 100mph and then brake to a complete stop in less than 20 seconds and, in prototype form, was piloted by the late Sir Stirling Moss to victory in its debut race at Silverstone.

    The vintage Aston Martin coupe will be offered to the highest bidder in an online classic car sale next month held in London by Bonhams

    The vintage Aston Martin coupe will be offered to the highest bidder in an online classic car sale next month held in London by Bonhams

    The car had been in the same ownership from 1966 to the vendor's death early last year. In 1983, he had taken it off the road to restore it - though the job was never completed

    The car had been in the same ownership from 1966 to the vendor's death early last year. In 1983, he had taken it off the road to restore it - though the job was never completed

    It's so celebrated that the Aston Martin Works division of the iconic British car maker has commissioned 19 new DB4GT Zagato continuation models to be produced, each with an asking price in the region of £1.5million.

    However, the classic car being auctioned by Bonhams next month is far from in perfect condition.

    It is being sold as a part-finished restoration job that was started some 37 years ago.

    The first owner was Gilby Engineering and is believed to have been the road car of Syd Green, owner of the company. 

    Green was also the founder of the eponymous Grand Prix racing team which had its debut in the 1954 French Grand Prix with British driver Roy Salvadori at the wheel of a Maserati 250F.

    The stunning coupe was subsequently sold some six years later to the latest owner, David Picking, an engineer and pilot, purchased the car in 1966.

    The car is currently no more than a rolling chassis, with most of the components - including the engine - not installed. However, most of the original parts are sold in the listing

    The car is currently no more than a rolling chassis, with most of the components - including the engine - not installed. However, most of the original parts are sold in the listing

    The vehicle doesn't have doors, windows, lights or most of the mechanical components fitted, having been stripped back in 1983 and never rebuilt

    The vehicle doesn't have doors, windows, lights or most of the mechanical components fitted, having been stripped back in 1983 and never rebuilt

    Having used the coupe extensively for numerous continental road trips across Europe, the keen engineer looked to restore the car in 1983, taking it off the road and stripping the vehicle back for a full rebuilt.

    Mr Picking died in early 2020, having owned the vehicle for some 54 years. 

    Next month, his DB4GT is to be sold to the highest bidder, though still in a dismantled condition, with his original plan to recommission it unfinished.

    Bonhams says this gives the 'opportunity for the next custodian to complete its reassembly as David Picking had intended', which would see the car finished in its original 'Snow Shadow' grey pain and red leather interior.

    In its 'as-sold' state it is essentially a rolling shell, with most of the mechanical components, doors, windows, lights and indicators and much of the interior missing. 

    How it should look: The Aston Martin DB4GT in current condition
    If rebuilt to a very high standard, it could be worth up to £3million
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