Welcome to MI6 Headquarters

This is the world's most visited unofficial James Bond 007 website with daily updates, news & analysis of all things 007 and an extensive encyclopaedia. Tap into Ian Fleming's spy from Sean Connery to Daniel Craig with our expert online coverage and a rich, colour print magazine dedicated to spies.

Learn More About MI6 & James Bond →

Original 'Chitty' fails to break the $1m mark at auction

18-May-2011 • Collecting

Chitty Chitty Bang Bang, said to be the only drivable example of the Chitty cars built for the 1968 movie, sold at auction this past weekend for $805,000 — far less than the $1-$2 million it was expected to command.

Nancy Seltzer, a spokeswoman for auction house Profiles in History, told Inside Line on Tuesday that there was a reserve on the car — which she would not disclose — and that the owner reduced it.

The Chitty Chitty Bang Bang was the auction's signature item and one of the most famous movie cars ever built. The run-up to the auction commanded lots of media attention, including a mention in People magazine, which said "who needs a time-traveling DeLorean when you can own Chitty Chitty Bang Bang?"

The Hollywood Reporter noted that a number of other pieces in the May 14-15 auction, including the crystal ball the Wicked Witch used to observe Dorothy in The Wizard of Oz, went for more than their initial estimates. The crystal ball sold for $126,500, more than double the presale estimate of $40,000-$60,000.

The Chitty Chitty Bang Bang was described by auctioneers as "The Most Famous Car in the World." But in reality, it was basically a movie prop cobbled together with such parts as a 1960s Ford drivetrain and period pieces, including an alloy dashboard plate from a British World War I fighter plane. Nondriving versions of the car were built for the movie's flying sequences.

The hit musical movie was based on James Bond author Ian Fleming's novel.

Discuss this news here...

Open in a new window/tab