In Auction News This week

Making news this week:

$38 Million Ferrari Becomes The World’s Most Valuable Car, Yet Its Auction Price Disappoints
A 1962 Ferrari 250 GTO became the most valuable car in the world selling for $38 million at the Bonham’s Auction in Carmel, California on Thursday. But the gavel price disappointed the Ferrari cognoscenti, who predicted that the car might bring as much as $60 million.

Quilts for Auction
Help out in raising much needed funds for the Alzheimer’s Association by bidding on quilts made & donated by some amazing artists.

Grays Online, DealsDirect deny ‘marriage of convenience’
Online auction pioneer Grays has flagged bolt-on acquisitions and ­expansion into new markets after a backdoor listing through online retailer Mnemon, creating Australia’s largest listed e-commerce group.

The Most Valuable Comic Book Of All Time Is Up For Auction On eBay
Originally published in June 1938, Action Comics #1 is the premier issue of the Action Comics series, and, most notably, the issue in which Superman makes his first appearance. Now, the finest known copy of “the Holy Grail of Comics” is up for auction on eBay – and the top bid is already close to $2-million.

FPV GT F : Ford auctioning final GTs for breast cancer research
Ford Australia will auction two FPV GT F sedans later this month to raise funds for the National Breast Cancer Foundation.

For Sale: 1970 Range Rover, build number 001
The very first Range Rover, build number 001, is going up for auction at The Salon Price Sale by Silverstone Auctions next month. It’s been fully restored and is all original.

Early Beatles photos under hammer
One of the earliest photos of The Beatles in Liverpool’s Cavern Club is being auctioned later this month along with other recently unearthed snaps of the the band at the beginning of their career.

Rodney

Rodney is the developer of Auctionfinder.com.au, with over 30 years experience in the auto trade working with Ford Motor Company, and later I.T. He is a motor mechanic by trade who greatly enjoys restoring the value in used items and returning them to service. He did this for several years, purchasing used cars from Pickles and Manheim auctions, in both Melbourne and Brisbane, carrying out repairs, and finding new homes for them. In his mid-years, he studied Computer Science at the RMIT, began building websites and dabbling in buying bulk lots of computers at auction and sending them out to new homes via eBay and local marketplaces. He also enjoys travel, the outdoors, and the history of ancient empires.

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