Porsche’s Type 64 Nazi Car Fails to Sell in Auction Blunder !
After what appeared to be an attempt at a joke with the starting bid, audience boos the sale of the controversial coupe.
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, or a blundered attempt at a lighthearted prank, by the auction house upset the crowded room.
“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 theatre. 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 had meant to say “$13 million,” and then “$17 million,” rather than 30 and 70. The media screen was quickly changed to reflect the $17 million sum.
Boos and shocked yelps and shouts ensued. People walked out.
“What a joke,” said Johnny Shaughnessy, a collector from Southern California, who was in the room when it happened. “They just lost so much credibility. My father could have bought that car for $5 million years ago. It has been passed around for years, and no one wants it.”
The auction for the Type 64 was terminated in minutes, after no bids above $17 million appeared in the room.
RM Sotheby’s before it went to sale, were careful to note that the Type 64 is not technically a “Porsche.” Its engine and most of its parts were supplied by Volkswagen, with components from Fiat and other niche suppliers of the time. Ferdinand Porsche was building cars for just about everyone in Germany at the time anyway, including Daimler and Auto Union. Porsche AG wasn’t even founded until 1948—10 years after this car was built—so it surely isn’t accurate to call it a true Porsche, the line of thinking goes.
https://www.bloomberg.com/news/articles … on-blunder
https://www.youtube.com/watch?v=9Wldajq … 7rAhRdpp3k
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