Thursday, October 27, 2011

Auction Results Strong in London for Important Ferraris and other exotics (AW)



Classic Ferrari sells for $3.6 million at London auction.


1958 Ferrari Berlinetta sells for $3.6 million at RM auction in London


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By: Michelle Koueiter on 10/27/2011
A 1958 Ferrari sold for $3.6 million at RM Auctions' annual event in London on Oct. 26. But other top lots--including another Ferrari, a Lamborghini and an Aston Martin--failed to reach the reserve price for a sale.
A telephone bidder bought the Ferrari 250 GT LWB "Tour de France" Berlinetta for $3.6 million (£2.24 million). The Berlinetta had been the most highly estimated lot, and this car drew the highest bid of the evening.
The Berlinetta lived in the United States for the majority of its years, until a U.K. collector bought it a few years back. It raced in the 2005 Mille Miglia, and the engine was replaced at one point

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