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Rare precursor 1939 Porche Type 64 auctioned falsely for $70 million

Possibly the most important car in the Porsche's legacy was auctioned falsely for $70 million, causing mass confusion

By Jak Connor on Aug 19, 2019 08:11 am CDT - 1 min, 28 secs reading time

What many consider as the car that molded Porsche into what we see today was accidentally auctioned falsely for $70 million, a settlement was later solidified at $17 million.

At the Monterey Car Week in California, bidding started for a super 1939 Porsche Type 64, a car that according to Wikipedia is "considered by many to be the first automobile from what was to become the Porsche company, and a true design precursor to the post-war production model". Looking at the above video we can see that the bidding began at $13 million and then jumped to $30 million, which is where the mistake first began.

When the figure jumped to $30 million the crowd was verbally shocked, it then increased to $40 million, then to $50 million, $60 million and finally settling at $70 million. The announcer then said that he figures were incorrectly projected and that the correct figure is $17 million, the projected numbers then quickly reverted back to the correct figure.

Rare precursor 1939 Porche Type 64 auctioned falsely for $70 million 01 |
Rare precursor 1939 Porche Type 64 auctioned falsely for $70 million 02 |
Rare precursor 1939 Porche Type 64 auctioned falsely for $70 million 03 |

RM Sotheby's still lists the car on their website even though the car was supposedly auctioned off for $17 million. They also gave a statement saying that "As bidding opened on the Type 64, increments were mistakenly overheard and displayed on the screen, causing unfortunate confusion in the room. This was in no way a joke or prank on behalf of anyone at RM Sotheby's, rather an unfortunate misunderstanding amplified by excitement in the room. The auction was not canceled. The car reached a high bid of $17 million."

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Jak Connor


Jaks love for technology and more specifically PC gaming began at 10 years old, it was the day his dad showed him how to play Age of Empires on a old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of the typical FPS PC gamer, Jak enjoys the likes of a solid MMO, RPG, or a single-player linear story. More importantly, though, he holds a very special spot in his heart for RTS games.


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