Fraudster's 1922 Rolls-Royce auctioned

07:36, Aug 28 2014
A 1922 Rolls-Royce Silver Ghost linked to convicted fraudster Michael Swann goes up for auction in Auckland.
HOW MUCH: This 1922 Rolls-Royce Silver Ghost which is linked to convicted fraudster Michael Swann was auctioned with proceeds going to the Government.

A 1922 Rolls-Royce Silver Ghost linked to convicted fraudster Michael Swann sold for $84,000 at auction today in Auckland.

Turners Car Auctions on the North Shore put the Rolls Royce under the hammer with an auction estimate of $60,000-$80,000 with the proceeds to be returned to the Government, the Otago Daily Times reported.

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A spokesman from Turners confirmed the sale today, saying though there was international interest in the car, he believed the winning bid had come from a New Zealand collector or museum. 

The vehicle was found in a container at Port Otago last year.

A police investigation linked the vehicle to Swann, who in 2004 paid $160,000 to a Christchurch man for the vehicle.

Swann was jailed in 2009 after  defrauding the Southern DHB of $16m. He was released on parole last year.

Turners Car Auctions says it is a "1922 Rolls Royce Chassis which we understand was rebodied in 1934 by Salmon and Sons in Buckinghamshire, England.

"It is an English-built car and comes with copies of original build, ownership and service records."