1905 vintage Merc sells for £720,000

A 1905 Mercedes Simplex 28/32 HPs Phaeton has sold for £720,000 including premium yesterday at Coys’ True Greats auction in London.

This Mercedes is one of the oldest surviving examples of the marque in the world today that is still complete and roadworthy. The car was bought by an overseas collector in Eastern Europe, who is a very good Coys’ private client, and will be the new addition to a well established collection.

Chris Routledge, Managing Partner of Coys, said: “Classic cars have been a phenomenal investment and this appears to be continuing. This Mercedes, which is nearly 110 years old, could be the ultimate Christmas present that will go up in value.”

Coys next auction will be at Autosport International, the racing car show held at NEC in Birmingham, United Kingdom, on 11th January 2014.