Filed under: Auction Action, Etc.
The gavel falls: Christie's gets out of the car auction business
After 25 years in business, Christie's International Motor Cars has conducted its last auction. Christie's didn't give any reason for closing down the division, other than being the result of a "strategic review of its various operations." The house has sold some of the world's rarest, most expensive, unobtainable, and coveted vehicles. Most recently, the firm auctioned Steve McQueen's 1963 Ferrari 250 GT Lusso at Pebble Beach (shown above). The car went for $2.31 million, almost doubling the highest estimate. The division will be closed as of this month.
[Source: Auto Week]
Reader Comments (Page 1 of 1)
Dave in MI 4:07PM (9/07/2007)
Told them I absolutely would not auction my 2000 ford contour svt and they just looked kinda sad. They said, "then what's the point, we'll just bag the whole thing."
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Alex 4:21PM (9/07/2007)
*snicker*
Adam 4:27PM (9/07/2007)
Wow!
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Adam 4:28PM (9/07/2007)
Whats up with the Mario?
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sledge 3:11PM (9/08/2007)
wtf are you talking about? You seem to be posting on every story.
howard 4:49PM (9/07/2007)
and another giant bites the dust! too bad, they were better than Barretts even though they catered to the high dollar crowed! They'll be missed!
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Barney 12:23AM (9/08/2007)
Christie's sold a lot of automotive history. With the high prices of cars sold, you would think their commision would allow their survival.
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