Filed under: Classics, Auctions, Videos, Ferrari
Classic car auctions take place in locations all around the world, from Monte Carlo and Maranello to Monterey and Manhattan. Or so you might think, but last week marked the first time a major classic car auction took place in the Big Apple in over a decade. And boy did it return with a bang.
The highlight of the auction was the 1964 Ferrari 250 LM we reported on just a few days ago ahead of the event, which sold for a massive $14.3 million. Not only did that come in near the top of its pre-sale estimate of $12-15 million, but it also set a new record for that model and wet down in history as the second most expensive Ferrari ever sold at auction (after the $17 million '57 Testa Rossa sold by Gooding & Company in 2011).
The story would end there following any other auction, but this event - held in conjunction with RM Auctions at Sotheby's headquarters in New York - brought in a whopping $62,797,500 in sales after 93 percent of all lots sold. After the 250 LM, the next most notable set of wheels belonged to the one-of-a-kind 1938 Talbot-Lago T150-C SS Teardrop Cabriolet pictured above. The only surviving convertible version of an iconic art deco car of which only 20 coupes were made, this unspeakably gorgeous classic sold for an impressive $7,150,000.
Other top earners included a 1959 Ferrari 250 GT SWB Competition Berlinetta that sold for $7,040,000 and a 1954 Maserati A6G/2000 Spyder Zagato for $4,455,000. All told, 16 out of the 31 cars sold went for over a million, and eleven set record prices. Scope out the full list in the press release below.
UPDATE: The 250 LM is the third most expensive Ferrari ever sold at auction, after the aforementioned $17 million 250 Testa Rossa and the 1967 275 GTB/4 NART Spyder that sold at Pebble Beach for $27.5 million which we neglected to take into account. (Of course auction standings exclude private treaty sales like the $52 million 250 GTO.) We've also included a video summary of the auction event below for your viewing pleasure.
Continue reading Talbot-Lago Teardrop Cabrio sells for $7m, Ferrari 250 LM for $14m [UPDATE w/video]
Talbot-Lago Teardrop Cabrio sells for $7m, Ferrari 250 LM for $14m [UPDATE w/video] originally appeared on Autoblog on Sun, 24 Nov 2013 14:30:00 EST. Please see our terms for use of feeds.
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