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Vintage 1962 Ferrari GTO sells at $35 Million to become world’s most expensive car

Made for the Britain’s racing driver, Sir Stirling Craufurd Moss, who is often called ‘the greatest driver never to win the World Championship’, the apple-green 1962 Ferrari 250 GTO, one of only 39 ever produced, is now the most expensive car in the world. Though, we have earlier seen the list of the most expensive Ferraris, with the 1963 GTO 250 sold for $32 million in Britain in year 2011 listed at the top as the most expensive one, but this rare piece of artistically crafted machinery by the automotive marvel has broke all of the previous auction records by being sold for staggering $35 million in a private transaction.


1936 Bugatti Type 57SC Atlantic – The $40 Million Machine

After being sold at an auction in California for about $30 million, this sleek, curved vintage Bugatti became one of the world’s most expensive cars. Widely known for being one of only three of its kind ever produced, the 1936 Bugatti Type 57SC Atlantic is also praised for its art-deco elegance. Considered to be highly avant garde, this particular car came on the market following the death of its owner, Peter Williamson, a well known car collector and a neurologist.


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The most expensive ruby ring sells for $6.6 million at Christie’s

A spectacular ruby and diamond ring made by Chaumet happened to fetch a whopping 6.2 million francs ($6.6 million), well beyond the estimate of 2.8 – 4.6 million francs, a price which was a record for ruby sold at an auction. The cushion shaped red stone of this most expensive ruby ring weighed in at 32.08 carats.

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Warhol ‘Double Elvis’ goes for $37 million

The Andy Warhol classic painting “Double Elvis (Ferus Type)” sold Wednesday at Sotheby’s in New York for more than $37 million, the auction house said.

With commission, the sale price of $33 million totaled $37,042,500, short of the $50 million that Sotheby’s had predicted it might fetch. The piece (silkscreen ink and spray paint on canvas) shows Elvis Presley in a gunslinger pose.

First exhibited in 1963 at the Ferus Gallery in Los Angeles, the work “epitomizes the artist’s obsessions with fame, stardom, and the public image,” Sotheby’s said in a release. “Warhol’s signature style, coupled with the instantly recognizable faces of his subjects, creates a blurred boundary between artist and sitter.”

Warhol made 22 versions of the “Double Elvis,” nine of which are held in museums.

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