$17 million or $70 million? 1930s Porsche fails to sell after auction snafu

Los Angeles

Technically speaking, the Type 64 isn't really a Porsche because the company didn't yet exist when Ferdinand Porsche created the car in Nazi Germany. But its role as the ancestor of today's Porsche sports cars is clear, and it was expected to sell Saturday for as much as $20 million. But the California auction, with bidding that went as high as $17 million, ended with the car remaining unsold.

It was an honest mistake, RM Sotheby's said in a statement, and it wasn't staged."We take pride in conducting our world-class auctions with integrity and we take our responsibility to our clients very seriously. This was in no way a joke or stunt on behalf of anyone at RM Sotheby's, rather an unfortunate misunderstanding amplified by excitement in the room.

Right on par with CNN's own screw-ups and screw balls that are on the air 🤣🤣🤣🤣🤣🤣🤣🤣🤣

Seinfeld was on a coffee break.

It's not a Porsche.

I will give you 20 pesos and a happy meal for it. Hey 20 pesos is better than the no pesos you got today!! Jajajaja

somebody got fired that day

Rip

Where was this car? I already know, in area 51 !!

This is bullshit the “lungs of earth”are burning down and one of the biggest news channels don’t know smh

I think i bouth that car before

I

woulda coulda shoulda

15 million $ ...

OH MEN FOR THIS UGLY CAR I WONT SPEND THAT MILLION INSTEAD I WILL BUY PIZZA FOR ALL HOMELESS MAN

I’m sorry to be so blunt, but that’s a very ugly car, I just don’t like shape of it. It looks like the Marshmallow man.

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