James Bond's Submarine Car to be Auctioned Off

Sony's Xperia Z may have made a splash as one of the first water-resistant smartphones, but the ultimate water faring gadget has to be James Bond's car from The Spy Who Loved Me. Lucky for you (if you have unlimited funds), that very same car is to be auctioned off later this year.

RM Auctions has announced plans to auction off the Lotus Esprit Series 1 'Submarine' car that appeared in The Spy Who Loved Me alongside Roger Moore. The car is billed as the only car to be built into a fully operational, self-propelled 'submarine.' It was developed by Perry Oceanographic in Florida and driven by Don Griffin, a retired Navy SEAL. How the car came to be auctioned off is something of an interesting story.

RM Auctions says that once the famous scene was shot, the car was shipped to a Long Island storage unit with rent for ten years paid in advance. Over a decade later, in 1989, the storage unit and its contents were sold off in a blind public auction because no one had paid any subsequent rent. The couple who won the auction are said to have paid a modest amount and had no idea that the unit they won held a vehicle that had cost $100,000 (the equivalent to $500,000 in today's money) to create. Though the car was put on show occasionally, it was never permanently on display anywhere. Soon, it could be permanently on display in your home.

Though there's no telling how much the car will sell for, another Bond vehicle sold by RM, the Aston Martin DB5 from Goldfinger and Thunderball, sold for £2.9 million in 2010. The Submarine car is set to go on sale in September.

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