The auctions held at the Phoenix proved us wrong with the fear that the world is on the verge of economic fall.
The auctions indeed proved to be a huge EPIC. Two Ferrari 250 GT sports cars sold for more than $8 million each.
That is surprising, right?
Let me give you the detailed info–
A blue 1958 Ferrari 250 GT LWB California Spider, offered by Gooding & Company, sold for $8.25 million.
According to Artfix Daily, that set records for both Mercedes-Benz automobiles and prewar cars sold at auction, though it failed to set a single-car auction price record.
At an RM Auctions event, a Rosso Red 1960 Ferrari 250 GT SWB Berlinetta Competizione sold for $8.14 million.
“That was a world record price,” Katie Hellwig, a Gooding spokeswoman, said of the 1958 LWB convertible. Even at that price, she said, it was considered a good value. Bidding topped out at $7.5 million, after starting at $2 million and jumping quickly to $5 million, then $7 million and so on..
The previous record for a 250 GT SWB Berlinetta Competitizione sold at auction was $6.1 million in 2010.
Gooding & Company saw some $113.7 million in sales at its two-day auction. Prices for both Ferraris sold on Friday included a 10 percent sales commission. The “world record” prices refer to cars sold at public auction.
Although many hundreds of classic cars are changing hands here this week in at least six major auction events, the Ferrari prices are easily the highest seen thus far.