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After keeping it in his garage for almost 50 years, famed Beatles star Paul McCartney decided it was time to part with his silver 1964 Aston Martin DB5 last month, selling it for a staggering £344,400 at RM Auctions.

Part of huge sale in Battersea Park, it was one of the prized vehicles in a collection of 90 classic cars and motorcycles including several Rolls-Royces, Lamborghinis, as well a Ferrari Formula One car driven by Michael Schumacher.

Commenting on its history, Telegraph reporters explain that the famous Beatle custom ordered the car shortly after he completing the film A Hard Day’s Night but just before the band went on their 1964 world tour. They noted that the selection of Sierra Blue finish, black leather interior and unusual Philip Auto-Mignon record player made it an exceptional vehicle, becoming an instant hit with collectors at the auction.

Peter Wallman, who co-ran the bidding at the auction, said that “The Aston Martin DB5 is one of the most iconic cars in the world, driven by James Bond. And we’re talking about one of the most iconic super groups of the 1960s. We’ve sold a couple of cars owned by Steve McQueen which have sold for eight, nine, 10 times what they would be worth if they were just regular cars. It is believed Sir Paul eventually sold the car in 1970, having racked up 40,513 miles on the clock, according to service records. He has owned a number of other Aston Martins since.”

In total, the auction generated £14,266,030 from the 78 cars and bike sold, averaging £187,897 a lot. Amongst these famous cars was also a 2001 Aston Martin Vanquish driven by Pierce Brosnan in Die Another Day which sold for £58,800, a 2008 Bugatti Veyron selling for £579,600, as well as remarkable 1959 Ferrari 250 GT Berlinetta which sold for an earthshattering £1.96m.

Remarking on the success of the auction, Max Girardo, managing director of RM Auctions, said: "Once again our London sale has demonstrated that it successfully unites some the world’s finest cars with an audience of discriminating collectors from all corners of the world. Bidders at the sale hailed from 33 countries around the world, including as far away as Argentina, Hong Kong, India and Bahrain. The sale certainly rounded out RM’s 2012 roster of European sales in the best possible fashion."

While McCartney’s Aston wasn’t close to breaking the records set by other vehicles, it’s likely going to make its successful bidder a very happy chap. Let’s hope we see this vehicle around, there’s always been something enchanting about a classic Aston Martin DB5, and this particular model is no exception.