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Car Found in Garage Sells for $4.4 Million

AP
posted: 295 DAYS 12 HOURS AGO
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LONDON (Feb. 7) - AA car abandoned in a garage in Britain for half a century sold at an auction in Paris for about $4.4 million Friday.
The 1937 Bugatti Type 57S went under the hammer at Bonhams' Retromobile car show and sale in Paris. It was sold on behalf of the family of its last owner, Dr Harold Carr.
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The orthopedic surgeon drove the car for several years, but in the early 1960s it was parked in his garage in Gosforth, near Newcastle in northern England, where it remained for nearly 50 years until his death in 2007.
Bugatti once represented the height of motoring achievement. The supercar was so ahead of its time it could go up to 130 mph when most other cars topped out about 50 mph.
This particular car is especially valuable because it was originally owned by Earl Howe, a prominent British race car driver, and because its original equipment is intact, so it can restored without relying on replacement parts.
Bonham's said a European collector bought the car.
The company founded in 1909 by Ettore Bugatti collapsed in the 1940s after a long string of racing victories.
The rights to the legendary Bugatti name were purchased in 1998 by Volkswagen, which has built the Bugatti Veyron, one of the world's fastest and most expensive cars.
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Amazing Auctions
A New York surgeon placed the winning $12,713 bid on Thursday for a September 1966 edition of the magazine Datebook signed by John Lennon. The magazine contains Lennon's infamous remark that the Beatles were more popular than Jesus.
Courtesy of rrauction.com
Courtesy of rrauction.com

Amazing Auctions

    A New York surgeon placed the winning $12,713 bid on Thursday for a September 1966 edition of the magazine Datebook signed by John Lennon. The magazine contains Lennon's infamous remark that the Beatles were more popular than Jesus.

    Courtesy of rrauction.com

    A signed copy of Adolf Hitler's 'Mein Kampf' manifesto sold for $34,900 at an Aug. 13 auction in England. The buyer was an anonymous telephone bidder. The book was written in 1924 while Hitler was serving a four-year prison term. This copy is believed to be a second edition given by Hitler to a fellow inmate in 1925.

    Barry Batchelor, PA / AP

    One of the original prints of Albert Einstein sticking his tongue out at photographers sold for $74,324 at a New Hampshire auction on June 20. When Einstein signed the print, pictured here, he wrote that his gesture was aimed at all of humanity.

    RR Auction, LLC. / AP

    A rare stamp bearing the likeness of Abraham Lincoln was auctioned off for $431,250 on June 13 in New York City. The item, known as the "Ice House Cover" because the envelope it's on was mailed from Boston to an ice house in India in 1873, was stolen from its owner's safe in Indianapolis in 1967 and turned up 39 years later at a home in Chicago.

    Robert A. Siegel Auction Galleries / AP

    A rare stamp showing Audrey Hepburn smoking sold at auction May 26 in Berlin for $93,800 -- more than double the minimum bid. Only five copies of the stamp are known to exist. Most of them were destroyed after Hepburn's son refused to grant copyright for the image in 2001.

    Fritz Reiss, AP

    This rare 7.03-carat blue diamond fetched a record $9.49 million when it was auctioned off in Geneva on May 12. Sotheby's said it was the highest price ever paid for a gem of its kind. The flawless item was unearthed last year at the historic Cullinan mine in South Africa.

    Martial Trezzini, Keystone / AP

    This 1804-dated Adams-Carter silver dollar is one of only 15 known to exist from a never-circulated group. The coin, which sold for more than $2 million in a private sale two years ago, fetched $2.3 million at an auction in Cincinnati on April 30.

    Heritage Auction Galleries / AP

    This rare two-seat version of a World War II Spitfire fighter sold for $2.53 million at an auction in London on April 20. British adventurer Steve Brooks, who paid the record price for the plane, told London's Daily Mail he believes "things like this were built to be used."

    Alastair Grant, AP

    A daguerreotype believed to be from 1848 shows a stately home in what is now the Upper West Side of Manhattan. The image, one of the world's oldest photographs, was sold for $62,500 to an unidentified buyer March 30 at Sotheby's in New York.

    Sotheby's / AP

    Apparently the recession even applies to dinosaurs. This complete 150-million-year-old dinosaur skeleton, right, failed to sell at an auction of prehistoric relics in New York on March 21. The 9-foot-long dryosaurus, joined here by other fossils featured in the sale, had been expected to fetch up to $500,000.

    Josh Chait, I.M. Chait Gallery / AP

Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.
2009-02-07 18:17:29

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A car abandoned in a garage in Britain for half a century sold at an auction in Paris for euro3.4 million (about $4.4 million) Friday.