The Telegraph has reported that a 1912 Rolls-Royce Limousine has sold at auction for 4,705,500 pounds ($7,304,818).

The auction was conducted by Bonhams auctioneers. A representative for the auction house told the paper that they expected the automobile to fetch 2 million pounds ($3,104,800), but that a bidding duel between two interested buyers drove the price up.

The auction venue was the Goodwood Festival of Speed, an annual hill climb of vintage racing cars held in West Sussex, England.

According to Bonhams, the car's original owner was John M. Stephens of South Croydon, England, who hired the prestigious coachbuilder Barker & Co to construct the body for his 50-horsepower purchase.

"The rear compartment's footrest conceals a complete and exquisite picnic and tea service for four," Bonham's boasted before the auction. "The family lucky enough to tour in this Barker Double Pullman not only had china from which to take their tea but also an alcohol fueled burner and kettle to heat the water. A set of six decanters, three in sterling silver and three in carefully leather-wrapped glass, complete the setting."

Though restored by previous owners, the car has never been disassembled, and survives in its original configuration. 

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