Emblazoned with the words “Socialist Republic of Romania,” the aircraft is a representation of Ceausescu’s political independence from the Soviet Union.
Dozens of collectors and enthusiasts expressed interest in the plane, which had originally been priced at 25,000 euros, auction house Artmark spokesperson Alina Panico told AFP.
The Rombac Super One-Eleven craft was the first jet passenger aircraft to be produced in Romania, according to Artmark.
It was manufactured in Bucharest under license from the British Aircraft Corporation (BAC), making Romania an aviation leader in eastern Europe.
The first Rombac Super One-Eleven plane was completed in August 1982, with the first official flight to present the plane to state leadership carried out on September 20, 1982 at the Baneasa airport, the auction house said.
The plane sold on Thursday was part of Ceausescu’s fleet starting in 1986 until December 1989, when he was overthrown and later executed alongside his wife, Elena.
It is unclear whether Ceausescu ever flew in the plane himself.
Speaking to AFP, a retired military pilot and other sources said that Ceausescu did not fly in the Rombac, but instead preferred a Boeing 707.
Still, the retired pilot told AFP: “We were proud of this type of aircraft, which at the time included cutting-edge solutions”.
Due to its “extreme rarity and significance for the technical history of Romania”, Artmark said the plane has been classified in the mobile national cultural heritage treasure category in the eastern European country.
In addition to the aircraft, a luxury Paykan Hillman Hunter car gifted to Ceausescu in 1974 by the Shah of Iran also sold at the auction, bringing in 95,000 euros.
The vehicle had originally been put up for auction starting at 4,000 euros.
The Paykan Hillman Hunter, which began production in the late 1960s, was the first car to be built by the Iranian National Company, becoming a national icon.