Classic Bugatti Setting World Record
Do you own a Bugatti Type 57SC from the 1930’s? Then you might be as lucky as the guy selling it for $30 million yesterday. In fact, the classic Bugatti is now considered to be the world’s most expensive car. The coupe had been owned by a former president of the American Bugatti Club, who passed away two years ago.
Private transactions vs auction
Several classic cars fetch considerable higher prices through discreet, private transactions than they do at auction. Recently, a Ferrari GTO sports car sold for $28 million privately and for $20 millions by RM Auctions.
Who are buying classic cars in Europe?
It seems like Russian are coming back into the market, and so have bankers from London. Finally, many CEO’s for major corporations are looking into buying a new classic car.
Antiquorum Geneva is famous for selling premium auction items. Their latest auction in hometown Geneva set a new auction world record. The unique Patek Philippe enamel dome clock, “Le Tour du Monde de Magellan” with Ref 797 E, was sold to an Asian collector for $163,925 after intense bidding over the phone.
The price was converted from Swiss Francs (CHF) to Dollar (USD) when this article was written. Antiquorum has been specialized in watches and horology since 1974.
World’s oldest motorcycle on auction
Looking for a brand new motorcycle? Then head to the motorbike dealer. But if you rather want the oldest motorbike in the world – you can visit Bonhams auction on Sunday in Staffordshire.
A motorbike with a unique story
Hildebrand & Wolfmüller was the first powered two-wheeler to enter series production; indeed, it is the first such device to which the name ‘motorcycle’ was ever applied (motorrad in German). It was created 1894, the same year as Hildebrand & Wolfmüller was granted patent for the design of this new invention.
-The engine is a water-cooled, four-stroke parallel twin of 1,488cc. read more…
Rare, 200 years old dildos on auction
Auction houses seems to sell all kind of items those days. Reputable Essex based Brentwood Antiques Auction managed to sell two used dildos, about 200 years old, for £3785 last week.
The winner of the antique dildos wished to remain anonymous.
Auctioneer Wendy Wood, representing Brentwood Antiques Auction, claims it’s a good long term investment, since there are not many old sex toys on the market. Holding it for 5-10 years could yield a return of over 10 % a year.
Love letters can be fairly expensive. At least if they have been written by a former wife of a famous Frenchman.
Josephine de Beauharnais, which later become Napoleons wife, wrote 50 handwritten letters to her future husband before marrying him in 1796. The letter from this passionate love affair have now sold on auction for £500 000.
British auction collectors, read more…
Worlds first cash auction
Today the first cash auction in the whole world is going to launch. It will be possible to bid on cash!
It sounds really crazy, that why you here get an image to tell you how it works.
Visit the website (BidOnCash.com).
The most expensive card that was sold on an auction was an 1957 Ferrari 250 TR, 18 / 05 – 2009. The price was €9,020,000 and sold by RM Auctions and Sothebys.
