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1962 Ferrari 330 LM / 250 GTO, $51.7 million, RM / Sotheby’s

1962 Ferrari 330 LM / 250 GTO, $51.7 million, RM / Sotheby’s
Results of Recent Auctions From Near and Far
All prices include the buyer’s premium
by Ken Hall

1962 Ferrari 330 LM / 250 GTO, $51.7 million, RM / Sotheby’s

A 1962 Ferrari 330 LM / 250 GTO, Chassis 3765, sold for $51.7 million during Marquee Week Sales held November 13th by RM / Sotheby’s in New York City. It was the most ever paid for a Ferrari at auction. In Modern and Contemporary Art, Claude Monet’s Peupliers au bord de l’Epte, temps couvert from 1891 fetched $30.8 million; Monet’s Le Moulin de Limetz achieved $25.6 million; Untitled by Mark Rothko earned $23.9 million; and Pablo Picasso’s Compotier et guitar made $23.5 million.