Ferrari, Duesenberg combine for $70 million auction records
Rare cars selling for high prices is nothing new at Classic Car Week on the Monterey Peninsula. But several records were set this year, including a 1962 Ferrari becoming the most expensive car ever sold at auction and a 1935 Duesenberg becoming the most expensive American car ever sold at auction. The Ferrari 250 GTO, sold at RM Sotheby’s on August 25 as part of the Pebble Beach Concours d’Elegance, fetched $48.4 million. The 1935 Duesenberg SSJ formerly owned by Gary Cooper sold for $22 million at the Gooding & Co. Pebble Beach auction. It was also the most valuable pre-war car ever sold at auction. The two records helped catapult total sales for the collectible car auctions to about $368 million, a 12 percent
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