$20M Porsche auction dissolves into chaos after Dutch auctioneer's accent confuses bidders.
The crowd in the auction room — often a boisterous one after a day of parties and events in the area — immediately started booing and shouting at the error.
Some attendees in the audience said that because ten Holder is Dutch, his “17 million” sounded like “70 million,” so both the screen operator and audience was confused. It also marked a fitting climax to a week of sales that fell well below expectations, and could signal more trouble ahead for the classic car market. Total sales for six auctions over the course of the week were expected to top $380 million, according to Hagerty, the collectible-car insurance and valuation firm. But the preliminary total as of Sunday morning, with virtually all the auctions complete, was only $245 million — marking a 34 percent decline from last year.
Sotheby’s did manage to sell a 1994 McLaren F1 for $19.8 million, just shy of its estimate of $21 million to $23 million. And it sold one of the James Bond Aston Martin DB5′s — used in promotions for “Thunderball” — for $6.4 million Thursday night. Gooding & Co. sold a 1958 Ferrari 250 California LWB Spider for $9.9 million.
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