AutoBeta(AutoBeta.net)08/19 Report--

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Recently, at a Sotheby's auction at Monterey Motor week in California, a 1939 Porsche Type 64 sold for $70 million (490 million yuan). But the auction price of $70 million turned out to be a "misunderstanding".

In the end, the old Porsche, which was expected to sell for about $13 million, failed to sell for a funny reason. The Dutch auctioneer's English pronunciation was not very standard, and the bid of more than $10 million was misheard as tens of millions of dollars (the difference between teen and ty), causing the auction to abort.

The 1939 Porsche Type64 is the only one in existence, but the auction process was wrong from beginning to end. The Dutch auctioneer quoted a starting price of $13 million, which was misheard by the computer system operator as $30 million and typed into the big screen.

The next bid was $14 million, but the screen showed $40 million, and amid cheers from the crowd, the on-screen bid rose all the way to $70 million, the highest ever for a car auction.

It was not until then that the auctioneer noticed that the offer on the screen was wrong, hurriedly stopped the auction and said to the operator, "it says 70 million, I said 17 million, it may be my pronunciation problem, it should be 17 million."

But the audience was not amused, and many angrily left the auction, accusing Sotheby's of fooling them. Johnny Shaughnessy, a Southern California collector who attended the auction, said: "it's a joke. They've lost too much credibility."

Sotheby's apologized for this. "this is not a joke or prank by anyone at Sotheby's, but an unfortunate misunderstanding, amplified by the excitement in the venue," the company said in a statement. " In addition, the actual transaction price of the Type 64 was fixed at $17 million.

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