1969 AC 428 Convertible  Chassis no. CF46 Engine no. B22KR1074
Lot 331
1969 AC 428 Coupé Chassis no. CF46 Engine no. B22KR1074
Sold for £77,660 (US$ 129,061) inc. premium
Lot Details
1969 AC 428 Coupé
Coachwork by Carrozzeria Frua

Registration no. WNJ 179H
Chassis no. CF46
Engine no. B22KR1074

Footnotes

  • The concept of Italian styling coupled with American V8 horsepower was well established by the late 1960s and no doubt influenced AC Cars' decision to reconfigure its fire-breathing Cobra sports car as a luxury Grand Routier. A Cobra MkIII coil-suspended chassis was extended by 6" in the wheelbase and despatched to Italy to be clothed in elegant steel coachwork by Pietro Frua, the result looking not unlike the latter's Maserati Mistral. The first car, a two-seater convertible, was completed in time for the 1965 Earls Court Motor Show, while the following year's Geneva Salon saw the launch of an even more sensational fastback-styled coupé. Although the 428ci (7-litre) Ford Galaxie engine that gave the model its name produced less power than the Cobra 427's, the 345bhp on tap was capable of delivering all the performance that customers desired. Shrugging off the car's 1,416kgs weight and seemingly unhampered by the automatic transmission, as fitted to the majority of cars, this stupendous engine enabled road testers to record sub-six-second 0-60mph times and 0-100mph times of around 14.5 seconds, with a maximum speed in excess of 140mph.
    However, shipping rolling chassis to Turin and back again after the bodies had been installed was both time-consuming and expensive, leading to delayed deliveries. Hampered by an inflated price - the 428 cost considerably more than the contemporary Aston Martin DB6 - production never attained Cobra levels, a mere 80 being made between 1966 and 1973, the split being 51 convertibles and 29 coupés.
    Some 40 years later the 428 still had the means to impress. Sampling a convertible model in a comparison test alongside a Maserati Mistral and Ferrari 330GTS for its November 2004 edition, Classic Cars magazine was struck by the 428's apparent effortlessness: 'The AC is flicked forward on a raised eyebrow of torque: 462ft/lb peaking at a shoulder-shrugging 2,800rpm. Left to its own devices, the 428 will out-run the Ferrari up to 90mph and just beat it over a standing quarter-mile, all without appearing to exert itself.'
    This AC 428 was completed on 3rd November 1969 and from 1972 to 1985 was in storage at the AC Cars factory. On 30th April '85 the car was purchased by Mr George Cammack of Edinburgh and three years later was a class winner at the AC Club's annual concours. Mr Cammack offered the 428 for sale in 1989, by which time it had covered some 30,000 miles, and it was bought by a Mr Jillies of the Edinburgh-based Drambuie Liquor Company. There are invoices on file from this period issued by the AC works.
    In 1993 the AC was offered for sale at auction and purchased by Mr Andre el Zenny. When the next owner – Daryl Smith – acquired the car in 1996 the mileage had only risen slightly, to 33,231. The 428 was kept by Mr Smith until 2003 and while in his ownership underwent restoration but was scarcely used. In December 2003 (at 33,273 miles) the car was sold to Mr Steve Cunningham, who kept it until November 2004 when it was bought by Mr Michael Trösser in Germany. There are maintenance invoices on file relating to Mr Cunningham's ownership. On 10th January 2008 the AC was sold to the current owner and there are contemporary maintenance bills on file totalling €1,200.
    A most elegant, Italian-styled, Anglo-American Gran Turismo representing excellent value for money, 'CF46' is offered with the aforementioned invoices, old-style logbook and a quantity of MoT certificates issued prior to 2005.
Auction information

This auction is now finished. If you are interested in consigning in future auctions, please contact the specialist department. If you have queries about lots purchased in this auction, please contact customer services.

Buyers' Obligations

ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.

If you have any complaints or questions about the Conditions of Sale, please contact your nearest customer services team.

Buyers' Premium and Charges

For all Sales categories excluding Wine, Coins & Medals and Motor Cars and Motorcycles:

Buyer's Premium Rates
25% on the first £50,000 of the Hammer Price
20% from £50,001 to £1,000,000 the Hammer Price
12% from £1,000,001 of the Hammer Price

VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.

Payment Notices

Payment in advance: by cash, check with banker's card, credit card, bank draft or traveler's cheque.

Payment at collection: by credit or debit card.

Credit card charges: a surcharge of 2% is applicable when using Mastercard, Visa and overseas debit cards.

Shipping Notices

For information and estimates on domestic and international shipping as well as export licenses please contact Bonhams Shipping Department.

Contacts
  1. John Polson
    Specialist - Motor Cars
    Bonhams
    Work
    101 New Bond Street
    London, United Kingdom W1S 1SR
    Work +44 20 7468 5803
    FaxFax: +44 20 7468 5802