12 October, 2018

We Now Have Golden Cars!

In this week's auction roundup, we decided to give it the Midas Touch with a string of eyebrow-raising auction lots.

From a Golden Ferrari to a bottle of wine going 17x over its estimate, there's a story here for everyone!

1977 Golden Ferrari in Auction

We live in a time where you can say that you have a golden Ferrari - it's truly remarkable. 

But the car? Wow. The Ferrari in question is a 1977 Ferrari 512 Berlinetta Boxer (BB). With an estimate of between 350-450k, are you wondering why it's so much? Let's explain.

For starters, there are only 4 of these in the world and also, this one is the only one to be finished in a metallic gold called Chiaro Metallizzato.

Certainly one-of-a-kind, it's said to have been fully restored and has a place in history for making mid-engined sports cars popular again.

You don't need to worry about the interior, it's finished in Testa di Moro brown leather (chestnut brown) which goes well with the gold but that's just our opinion!

The $1m Movie Poster?

A rare poster, from the 1932 film 'The Mummy', is generating a buzz because it's estimated to hit the million dollar mark. One of only three in the world, it was sold at auction for $435,500 in 1997.

Designed by Karoly Grosz, the poster in question shows 'The Mummy' with a cringing tagline ' It Comes to Life!' and a scared Zita Johann who becomes the subject of his desire!

What made the film so iconic lies in the fact that it solidified this genre as a type of horror. In addition, the artwork is still well-preserved after all this time. How? The poster is actually a lithograph. This is a fine art printing method using richer inks and high-quality paper.

Directed by Boris Karloff, the poster carries an estimate of $1m-$1.5m. This is double the current record holder, Dracula (1931) by Bela Lugosi which sold in 2017 for $525,800.

Bottle of Wine Sells for over $550k

If one world record wasn't good enough then how about two? In the same auction!

Two bottles of 1945 Romanée Conti sold for $558,000 and $496,000 at auction. The previous record was a large format (3-Litre) bottle of Mouton-Rothschild (1945) which sold for $310,000 in 2007.

These two bottles were part of 600 produced by the world-famous Domaine de la Romanée-Conti. This batch was the last produced before the vineyard was uprooted and re-planted with younger vines.

The seller was Robert Drouhin who oversaw the running of Maison Joseph Drouhin, a Burgundy house for over 45 years.

The wine has been credited as being a concentrated and exotic wine with an everlasting power.

What's remarkable about this auction was the low estimate given because they were expected to sell for $22-$32k each! So yeah, it went 17x over its estimate. 

It was a day of celebration for Drouhin whose 100-lot auction of wines from the famous vineyard sold for $7.3m.

Final Words

The Golden Ferrari, mummy poster and now this double wine auction record show that the auction world is never short of surprises. 

The movie poster is on course to make history so watch this space.

What are we going to see next? An 18k Gold bust of Kate Moss? Well, you never know.

What was your favourite auction story? Hit the share button and let us know! 

Head to The Journal for more stories!

 
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Gold Ferrari Auction, Record Wine Sale and the $1m Movie Poster
Gold Ferrari Auction, Record Wine Sale and the $1m Movie Poster
Gold Ferrari Auction, Record Wine Sale and the $1m Movie Poster
Gold Ferrari Auction, Record Wine Sale and the $1m Movie Poster
Gold Ferrari Auction, Record Wine Sale and the $1m Movie Poster
Gold Ferrari Auction, Record Wine Sale and the $1m Movie Poster
Gold Ferrari Auction, Record Wine Sale and the $1m Movie Poster