What's the cost of improper enunciation? How about $53 million?
A 1939 Porsche “Type 64,” the only of its kind still existing, was expected to sell for around $20 million at an auction by RM Sotheby’s BID, +0.15% in Monterey, Calif., on Saturday night.
Apparently the screen operator had misheard the auctioneer’s Dutch-accented English, and input 30 for 13, 40 for 14, and so on.There were no further bids above $17 million — which was below the car’s minimum bid price — so the lot was pulled from the auction.
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$20 million Porsche flops in auction snafuThere were no more bids after $17 million. Since $17 million was below the reserve price -- or minimum required by the seller -- RM Sotheby's pulled the lot.
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HuffPost is now a part of Oath
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