Auction backfire halts rare Porsche sale after $53 million mistake
What’s a $53 million error among friends, collectors and vintage Porsche fanciers? It likely what was the biggest blunder in car auction history, an auctioneer with a hard-to-decipher Dutch accent at RM Sotheby’s on Aug. 17 during Monterey Auto Week began bidding on a 1939 Porsche Type 64 at was heard at $30 million. The starting bid for the one-of-kind vehicle was actually $13 million. It’s what was expected for the spacecraft lookalike. Only three of the cars were built and the prototypeup for auction is the only survivor. But monitors in the room showed the bid at $30 million. It quickly escalated to $40 million, $50 million, $60 million and then $70 million. While a stunned and quickly confused
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