In 2004, Rolls-Royce unveiled 100EX, an experimental drophead built to celebrate 100 years of the brand Rolls-Royce. In the autumn of 2005, Rolls-Royce announced that a production version would be available by 2007. The Phantom Drophead Coupé was launched at the Detroit Motor Show in January 2007.

The Phantom Drophead Coupé is powered by a 6.75 L V12, producing 460 PS (338 kW; 453 hp), 531 pound-feet of torque—with nearly 400 lb-ft, or 75 percent, available at just 1,000 rpm—and has segment-leading fuel economy thanks to modern technology such as direct injection and variable valve and camshaft control. The car features reverse-opening power-closing doors, adaptive suspension with automatic four-corner levelling, 21-inch alloy wheels, a 15-speaker 420 watt sound system with navigation, and a handcrafted interior with flawless leather trim and a choice of wood veneers.

The Phantom Drophead Coupé is capable of accelerating from (0–97 km/h) in 5.8 seconds and has a limited top speed of (240 km/h), with a fuel consumption in combined cycle (ECE+EUDC) of 15,7L/100 km while producing 377g/km of CO2.

Options fitted to this car:
- TV function
- DAB tuner
- coding alarm signal
- ROBI-Optio-Codes
- floor mats front and rear
- trim panel veneered
- Interior Mono Package
- Camera System
- RR LM wheel Seven Spokes 21 "polished
- fine wood finish Piano Black
- voice input system
- exhaust tailpipes visible
- Driver's Package
- iPOD integration
- Navi DVD Europe
- complete preparation for mobile phone
- convertible top black
- Individual SA

This particular example was delivered new on the 30th of December 2009 by Rolls-Royce Motor Cars Madrid in Spain.
Finished in Jubilee Silver Metallic over a Black/beige leather interior, showing only 11,800 km on the odometer, this car has been well looked after and comes with a fresh maintenance service.