Despite not being renowned for his appreciation of vintage cars, Rawlings was determined to add the prized 1925 Rolls-Royce Phantom to his collection, even though it had been recognized as a champion at esteemed Concours events.
Have you ever experienced that irresistible feeling when you lay eyes on a car and immediately feel an unwavering desire to own it? If you share a similar mindset with Richard Rawlings, chances are you're accustomed to making your automotive dreams a reality. As the renowned star of the Fast N'Loud TV series, Rawlings even accomplished the remarkable feat of creating the awe-inspiring Gas Monkey Ferrari F40 build, despite facing the formidable opposition of Ferrari itself, who spared no effort in attempting to halt his endeavors.
However, even the most accomplished individuals in the industry can encounter insurmountable obstacles. For Rawlings, this hurdle manifested in the form of the world's most elusive Rolls-Royce: the 1925 Rolls-Royce Phantom 1 Jonckheere Coupe. It was during a visit to a prestigious Concours event that Rawlings initially laid eyes on this breathtaking coach-built classic car, and he was instantly smitten. Therefore, when the founder of Gas Monkey Garage stumbled upon it once more at the Petersen Automotive Museum, he was determined to leave no stone unturned in his relentless pursuit to acquire it.
What Is The Rarest Rolls-Royce?
Video by Gas Monkey Garage & Richard Rawlings
In a video by Gas Monkey Garage, Richard Rawlings unveils his encounter with the iconic Round Door Rolls-Royce at a Concours event, during which he had the opportunity to meet several representatives from the renowned Petersen Museum. Rawlings was immediately captivated by the vehicle at that time, and even to this day, he can be seen indulging in glimpses inside the opulent cabin of the car.
According to Rawlings, he approached the team responsible for the rare Rolls-Royce and expressed his interest in purchasing the vehicle. When they asked for an offer, Rawlings, who had very little money at the time, boldly proposed, "I'll give you a million dollars for it right now," around 20 years ago. Surprisingly, they agreed to the offer and sealed the deal with a handshake. At that time, the Rolls-Royce wasn't as highly sought after as it is today. However, the following day, when Rawlings reached out to confirm the purchase, they unexpectedly declined the million-dollar offer. Undeterred, Rawlings decided to raise the stakes and offered them $2 million, even if it meant resorting to extreme measures such as begging, borrowing, or even stealing. Despite his persistence, the team once again rejected the proposal.
It's uncertain if Rawlings is jesting, but in the aforementioned video, he humorously offers $3 million for the car in question. Although the onlookers share a laugh, no sale occurs. It is reasonable to assume that the current market value of the world's rarest Rolls-Royce falls within a similar range, perhaps a million or two more.
However, there are numerous other classic Rolls-Royce Phantom models available for purchase at a more affordable price range. According to classic.com, the average price for a classic Rolls-Royce Phantom model is around $171,643. For instance, a Rolls-Royce Phantom I Avon Touring sedan was listed at $26,880 as of last year.
Which Rolls-Royce Is The Most Expensive?
When it comes to discussing value rather than rarity, it's quite challenging to find a car that surpasses the Rolls-Royce Boat Tail in terms of price. This custom-made Rolls-Royce is rumored to carry a staggering price tag of over $28 million. It's noteworthy to mention that this car was manufactured in 2022 and lacks any notable historical significance or unique heritage.
Classic.com provides an extensive inventory of Rolls-Royce Phantoms produced between 1925 and 1931. As previously mentioned, the price range begins at $26,880, and the highest-valued model listed is the 1928 Rolls-Royce Phantom I Ascot Dual Cowl Sport Phaeton, priced at $967,500. Numerous vehicles from this collection have already been sold, including a 1928 Rolls-Royce Phantom I Tilbury Sedan and a 1927 Rolls-Royce Phantom I Piccadilly Roadster.
The Round Door Rolls Was Owned By The Duke Of Windsor
The Rolls-Royce Phantom in question showcases notable features such as dual sunroofs, distinctive circular doors, a prominent fin, and an elegantly curved radiator shell. There is speculation that this particular vehicle was previously owned by the Duke of Windsor. Following its ownership by the Duke, this Concours-winning classic car passed through the hands of several other owners until it was ultimately discovered in New Jersey during the 1950s. Its discovery resembled a classic "barn find" scenario, where the car was found in a state of decay, rusted and neglected.
Subsequently, the car came into the possession of Max Obie, who opted to have it painted gold and capitalized on the public's curiosity by setting up a special enclosure for people to admire the vehicle up close. The Phantom I had initially been discovered on the East Coast of the United States and subsequently made its way to Japan before finally finding a permanent home at the Petersen Museum. Following an extensive restoration in 2001, the car has remained in the museum's possession and has not been offered for sale since.
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