The oldest & # 39; Porsche & # 39; fails to sell after the bizarre mistake of $ 70 million auction



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It was a confusion of 70 million dollars. A car considered by some as the first "Porsche" was not sold at the RM Sotheby's auction in Monterey, California on Saturday after the auction was missed.

The elegant Type 64 was built by Ferdinand Porsche and his son, Ferry, between 1939 and 1940, several years before their namesake company was registered in 1946. It was destined for a planned race between Berlin and Rome, but canceled by the beginning of World War II.

The car was damaged and rebuilt by Porsche a few years later, and then bought in 1949 by a racing car driver, who competed with it for many years. It had been sold for the last time in 1997 to an Austrian Porsche collector, who had offered it in Monterey.

Experts expected the car to sell for about $ 20 million, but the YouTube videos taken at the event seem to show the Dutch auctioneer who opens the auction to $ 30 million, which excites the crowd.

The number was posted on the screen, followed by offers of $ 40 million, $ 50 million, $ 60 million and $ 70 million. At least that's how it looks.

"We're seventy, guys, we're seventeen," he said afterwards, gathering jokes and pushing several people to withdraw from the event.

"My pronunciation," he added.

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Despite all its efforts to stay the course, the bids stopped at $ 17 million, under the undisclosed reserve of the car.

An authentic bid of $ 70 million would have made the most expensive car ever sold at auction, thus risking equaling the record price that would have been paid for a Ferrari 250 GTO during a private transaction. 39, last year.

The auction house then issued a statement in which she acknowledged the mistake, adding that it was unintentional and not a joke, according to Jalopnik.

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