1962 Ferrari Fetches $48 Million At Auction
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PHILADELPHIA (CBS) – A classic race car just sold for an unprecedented sum.
This 1962 Ferrari 250 GTO recently sold at a public auction for $48 million, breaking the record for the most valuable car ever auctioned.
It was sold at the annual Monterey Collector Car Sale in California.
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Cars have sold for more in private deals.
A 1963 Ferrari GTO recently went for $70 million in a private sale.
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