It seems that classic cars can still make an absolute packet, with an RM Auctions event over in the US seeing $19.6 million (£12.14 million) in sales.

Indeed, it seems as though classic cars could be worth an investment in 2010, as Ian Kelleher, president and chief operating officer of RM Auctions, commented: "The response to this sale, as illustrated in the impressive sell-through rate, is a great reflection of the continuing strength of the market and provides a positive outlook for the year ahead."

Among the sales was a 1963 Aston Martin DB4 GT, which went for $1,001,000 (£620,045), while a restored 1965 Aston Martin DB5 went for $429,000 (£265,733).

These models were sold off as part of The British Are Coming event at the auction on January 21st.

RM Auctions recently announced that a number of rare Ferraris will be going up for sale at its first Monaco sale on May 1st.

Written by Stephen James