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1928 Rolls-Royce 40/50hp Phantom I Ascot

Redford's Famous "Gatsby Rolls", Dual Cowl Sport Phaeton, $1.2 Invested

Reserve price Not met!

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Harry's Thoughts

This is one of the most famous and iconic Rolls-Royces ever. This will likely join an important collection, whether it be centered around Americana, Hollywood legends, or Rolls-Royces.

THE ESSENTIALS

See inspection report, full photos, videos and more at classicpromenade.com.

Our pre-sale estimated value is $1,500,000 to $2,000,000.

Robert Redford’s Gatsby Rolls. This is one of the very few cars ever to hold co-star status within a great American classic novel, an iconic movie, and an actor such as Robert Redford. This 1928 Rolls-Royce 40/50hp Phantom I Ascot Dual Cowl Sport Phaeton is nearly perfect after benefiting from a thorough restoration with marque experts with a total investment of about $1.2 million. We believe it is safe to say that between its provenance on the silver screen and the restoration, this is one of the most important Rolls-Royces in existence.

F. Scott Fitzgerald selected a Rolls-Royce as the car to be featured in his classic and timeless novel, The Great Gatsby. The car was described in detail in the novel and was an important highlight in the movie as well. And with an all-star cast selected by Paramount studios, it was important that the Rolls-Royce was equally as stunning. Robert Redford starred alongside Mia Farrow to create this all-time classic movie.

S304KP was just the right car to co-star with Robert Redford. It had been owned by Ted Leonard who was a well known collector from Seekonk, Massachusetts. The Rolls is likely the only Ascot sport phaeton built as a dual cowl. And this was one of the details F. Scott Fitzgerald included in his description of Jay Gatsby’s Rolls: “He saw me looking with admiration at his car. “‘It’s pretty, isn’t it, old sport!’ He jumped off to give me a better view. ‘Haven’t you ever seen it before?’ I’d seen it. Everybody had seen it. It was a rich cream color, bright with nickel, swollen here and there in its monstrous length with triumphant hat-boxes and supper-boxes and tool-boxes, and terraced with a labyrinth of wind-shields that mirrored a dozen suns. Sitting down behind many layers of glass in a sort of green leather conservatory, we started to town.”

After being selected as The Gatsby Rolls, S304KP required its livery repainted in the creamy yellow combination and its leather interior to be dyed in an elegant green. The result was perfect.

Chassis S304KP was originally a Town Brougham delivered to Mildred Loring Logan of New York City, and was later owned by American Tobacco Company president, George Washington Hill. There is no documented history in the Rolls-Royce factory “Schoellkopf Cards” from 1929 through 1964. The research determines that the Ascot body was originally mounted onto chassis S240RM and that the body was moved onto chassis S304KP sometime during or after 1945. The history of the Rolls is well researched and documented, and copies of the related factory and historical information accompany the motorcar. Mr. Leonard acquired the car just in time for the starring role as The Gatsby Rolls. The Leonard’s maintained ownership of S304KP for the next 36 years.

In 2009, The Gatsby Rolls was sold at auction from Leonard’s estate to John O’Quinn of Houston, Texas. Mr. O’Quinn died suddenly a few months later, and the car was eventually sold to the current owners, for whom a ground-up restoration was completed from 2011 through 2019. Many of the leading experts were involved in the restoration. Steve Littin from Vintage & Auto Rebuilds in Chardon, Ohio did the full mechanical restoration and the paint and body restoration was performed by Shawn Robinson from Yesterday’s in Tyler, Texas. The Gatsby Rolls is nearly perfect today after a total investment in the restoration of about $1.2 million. It would be welcomed at any concours event throughout the world, and had been invited to be shown at the 2019 Pebble Beach Concours.

The elegant cream paint is excellent in all respects and is accented by the abundance of concours quality chrome. The green leather interior is complimented by the tan Haartz cloth canvas convertible top and the beautiful wood dashboard with chrome bezels.

The Ascot body is widely considered one of the most stunning designs of the classic period. It is both sporty and elegant.

We have an appraisal for The Gatsby Rolls supporting the asking price. But more importantly, we believe this Rolls is priced well. It is well known that such iconic classics that are indelibly fixed into our memories and culture, are sought after the world over. This explains the values for such items as the decrepit Bullet Mustang selling for $3.74 million in January 2020 and Paul Newman’s Rolex selling for $17.8 million in October 2017.

The Great Gatsby as a book has sold about 30 million copies and the number of people who have watch the classic movie is beyond estimation. This is an important fixture in America’s culture.

This may be a once in a lifetime opportunity to acquire one of the most important Rolls-Royces in the world. The Gatsby Rolls is owned by The Chamberlain Foundation, a not-for-profit. Its purpose is to help educate future restorers of collector cars and watch makers. Certain tax advantages may be available to the purchaser of the motorcar.

The Gatsby Rolls is available for viewing and inspection in our showroom in Phoenix. Please call, text or email Harry Clark at +1.602.245.7200 or harry@classicpromenade.com.

1928 Rolls-Royce 40/50hp Phantom I Ascot

Videos: 1928 Rolls-Royce 40/50hp Phantom I Ascot

Comments


October 25, 2020

The Rolls did not meet the reserve. We will be reaching out to the bidders to Private Sale the Gatsby Rolls. Thank you for participating. Classic Promenade Team

ameier28
October 25, 2020

$1,050,000 Bid placed by ameier28

KenoraThistles
October 25, 2020

$1,000,000 Bid placed by KenoraThistles

ameier28
October 25, 2020

$850,000 Bid placed by ameier28

Ted Stahl
October 25, 2020

$725,000 Bid placed by Ted Stahl

ameier28
October 24, 2020

$685,000 Bid placed by ameier28

KenoraThistles
October 23, 2020

$675,000 Bid placed by KenoraThistles

ameier28
October 23, 2020

$650,000 Bid placed by ameier28

Ted Stahl
October 20, 2020

$525,000 Bid placed by Ted Stahl

JerryCaddy
October 17, 2020

$450,000 Bid placed by JerryCaddy

rkanderson
October 14, 2020

$325,000 Bid placed by rkanderson

ted@stahlsdirect.com
October 13, 2020

$300,000 Bid placed by ted@stahlsdirect.com

LWVH81
October 12, 2020

$71,000 Bid placed by LWVH81

Andrew Peck
October 12, 2020

$70,000 Bid placed by Andrew Peck

Andrew Peck
October 12, 2020

$55,005 Bid placed by Andrew Peck

October 12, 2020

Thank you for the bids. Carey will be reaching out to you to make sure you are pre-registered to bid. All bidders must be pre-registered to bid specifically for this auction because of the pre-sale estimate. She can be reached at carey@classicpromenade.com. Thank you! Classic Promenade

LWVH81
October 12, 2020

$51,000 Bid placed by LWVH81

Andrew Peck
October 12, 2020

$50,000 Bid placed by Andrew Peck

JTodaro
October 12, 2020

I saw this car sell at Bonhams back in the day, the fenders were fiberglass but I believe there were a set of steel fenders that went with the car. I assume they put them back on the car when they restored it? Thank you, J. Todaro

October 12, 2020

Hi JTodaro, You are absolutely correct! Back in 1974 they made a set of fiberglass fenders and a metal set for the crash scene. This car has benefitted from a complete restoration where nothing was left undone. So, yes, the front fenders are no longer fiberglass!! Thanks for your comments! Classic Promenade

 
1928 Rolls-Royce 40/50hp Phantom I Ascot
1928 Rolls-Royce 40/50hp Phantom I Ascot

Reserve price Not met!

VIN S304KP
BODY STYLE Ascot Dual Cowl Phaeton
MILES 73920
GEARBOX Manual with Overdrive
DOORS 4
INT COLOR Green Leather
EXT COLOR Yellow
YEAR 1928
LOCATION Phoenix, AZ
AUCTION STATUS:
SELLER
Location Arizona
STARTED: October 12, 2020 7:00 am
ENDS: October 25, 2020 5:00 pm
VIEWS 6167
BIDS 16 | Top Bid MarkM

Rolls-Royce Phantom I

The Rolls-Royce Phantom was Rolls-Royce's replacement for the original Silver Ghost. Introduced as the 'New Phantom' in 1925, the Phantom had a larger engine than the Silver Ghost and used pushrod-operated overhead valves instead of the Silver Ghost's side valves. The Phantom was built in Derby, England, and Springfield, Massachusetts, in the United States. There…
The Rolls-Royce Phantom was Rolls-Royce's replacement for the original Silver Ghost. Introduced as the 'New Phantom' in 1925, the Phantom had a larger engine than the Silver Ghost and used pushrod-operated overhead valves instead of the Silver Ghost's side valves. The Phantom was built in Derby, England, and Springfield, Massachusetts, in the United States. There were several differences in specification between the English and American Phantoms. The Phantom was replaced by the Phantom II in 1929. The designation Phantom I was never used by Rolls-Royce; it is a construct of enthusiasts applied to help distinguish it from other generations with the same model name.

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