A Steal at $38 Million? Ferrari 250GTO Sets Auction Record, Misses Lofty Expectations
This spectacular 1962 Ferrari 250GTO sold for a world-record price of $38,115,000 on August 14 at the Quail Lodge auction in Carmel, California. But plenty of folks predicted that it would command even more. Hagerty Insurance, for instance, stated an estimate of $60 to $75 million, which would’ve broken the record sale price for an […]
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