Most Ridiculously Expensive Things Ever Sold At An Auction
These days it is nearly impossible to turn on your television and not see a show about auctions. Sometimes people get lucky, but what types of things do the ‘high rollers’ go for? And how much are they worth?
Here are some of the most ridiculously expensive things ever sold at an auction:
1. Double Eagle coin
Coins are something a lot of people like to collect. Some people are in it for the vast history behind each piece, while other coin collectors are looking to score a big payday with that next rare find.
The Double Eagle coin was minted in 1933. At that time, its estimated value was only $20. It sold at a Sotheby’s auction in 2002 for an insane $7.6 million. That’s a nice return on the investment, right?
Whoever owns this piece will surely have good luck. The coin was once smuggled to Egypt after being stolen and almost melted away in two large fires.
2. Top Shelf Romanee-Conti
Wine is a very large and profitable industry. And when it comes to the age of your fermented grape juice, the older the better. If you are a regular wine drinker, you know how expensive it can be to get even the smallest bottle of good wine.
But what if you were filthy rich?
Have you ever spent more than $800 on a glass of wine?
A wealthy Asian wine collector bought a lot of Romanee-Conti wine for $1, 609,776. Altogether the bottles contained about 912 glasses worth of wine. The cost for just one of those glasses? An estimated $1700.
3. Ferrari 250 Testa Rossa
Cars are widely available everywhere and most families have one. With how many that exist, it should surprise no one that there are always auctions for them. And depending on the make, model, and year, you might get tons of offers or no more than two or three.
There are only 21 others, but none sold for so high a price like the 1957 Ferrari Testa Rosa.
At an auction in 2009 held jointly by RM Auctions and Sotheby’s, the automobile sold for $12.2 million, setting the record for most expensive auto sold at an auction. If you delve into the history, you can see how the price tag can be justified.
The body was made by well-known automotive designer Sergio Scaglietti.
4. Badminton Cabinet
Deciding on furniture is a big part of moving into a place. So what’s the deal with dragging around the Badminton Cabinet? This extravagant piece of furniture has inlaid amethyst quartz, agate, lapis lazuli, and a few other stones.
Its name comes from the fact that it stayed in Badminton, England for over two centuries.
In 1990, it broke the world record for the most expensive piece of furniture ever sold. It raked in about $16.59 million when it was purchased by Barbara Piasecka Johnson.
It most recently traded hands and sold at auction to Prince Hans Adam II of Liechtenstein. The prince bought the shiny cabinet for $36 million and once again broke the record for “most expensive furniture sold at auction”
5. Marilyn Monroe’s “Happy Birthday” dress
Monroe was a social icon in the late 1950 and early 1960s. She was most famous for being so close to President John F. Kennedy. For the president’s birthday on May 19th, 1962, Marilyn Monroe wore a see-through dress while singing “Happy Birthday” to the man.
The jewel-encrusted dress was so tight that it is rumored she was sewn into it.
Originally the dress was only worth about $12,000. But Gotta Have It!, the collectible company that purchased it, bought it at auction in 1999 for an estimated $1,267,500.
6. Salvator Mundi by Leonardo Da Vinci
Not only was he known for his technological innovations of his time, but he also loved to paint. There are many pieces of that some claim are Da Vincis, but very paintings are accepted as authentic.
It was previously thought the painting was lost to a fire but was discovered a few years ago at an auction.
In 2017, the painting sold for $450.3 million making it the most expensive painting ever sold at auction.
7. Breal’s Silver Cup
The Olympics have been held for hundreds of years. 1896 was the first year that the world what was considered ‘modern’ Olympic Games. The silver cup was given to the first person ever to win a modern Olympic marathon.
It sold in 2012 for about $865,000