Damned fugly car if ya ask ol’ Jane!
After what some in the audience thought was an attempt at a joke with the starting bid, the controversial coupe doesn’t find a new home.
After the biggest blunder in recent auction history, the Nazi car that Ferdinand Porsche made didn’t sell.
During Saturday night’s highly charged standing-room only auction in downtown Monterey, California, auctioneers at RM Sotheby’s premier sale dimmed the lights and showed a promotional video they had made ahead of the much-anticipated sale of the 1939 Type 64. The controversial silver coupe had been expected to sell for some $20 million before a massive mistake by the auction house upset the crowded room, leaving some collectors to believe it was an attempt at a joke.
“This is the only surviving example personally driven by Ferdinand Porsche.”Auction Emcee
“This is the only surviving example personally driven by Ferdinand Porsche,” the evening’s emcee said, then announced that bidding would open at “$30 million,” a figure that was written on the front media screen of the auction theater. Half of the crowd laughed; the other half cheered. After rapid bidding up to “$70 million,” with the crowd on its feet, iPhones raised, and cheering, the auctioneer announced that he said “$17 million,” rather than “$70 million.” The media screen was quickly changed to reflect the $17 million sum.
Boos and shocked yelps and shouts ensued. People walked out.