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1952 Ferrari 340 Mexico Fetches $4.3 Million at Amelia Island

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    1952 Ferrari 340 Mexico Picture

    A 1952 Ferrari 340 Mexico was the top seller at the RM Auctions Amelia Island sale, fetching $4.29 million. | March 14, 2011

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1952 Ferrari 340 Mexico Fetches $4.3 Million at Amelia Island

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    Just the Facts:
    • A 1952 Ferrari 340 Mexico was the top seller this weekend at the RM Auctions Amelia Island sale, drawing a winning bid of $4.29 million.
    • Two vintage Duesenbergs and a rare Alfa Romeo, all from the early 1930s, took the next four spots, each fetching just under $1 million.

    AMELIA ISLAND, Florida — A 1952 Ferrari 340 Mexico was the top seller this weekend at the RM Auctions Amelia Island sale, drawing a winning bid of $4.29 million. The event tallied $24.3 million in total sales, with two vintage Duesenbergs and a rare Alfa Romeo, all from the early 1930s, each fetching just under $1 million. All prices include a 10 percent "buyers' premium."

    The top seller came from the private collection of former General Motors designer and Ferrari Club of America Co-Founder Larry Nicklin. A 1953 Ferrari 212 Inter Vignale Coupe from the same collection brought a winning bid of $660,000.

    Among the best-sellers at Amelia Island were a 1930 Alfa Romeo 6C 1750 GS Spider ($990,0000); a 1933 Duesenberg Model J Torpedo Victoria ($979,000); a 1930 Duesenberg Model J Convertible Coupe ($962,500); and a 1968 Ferrari 275 GTB/4 Berlinetta ($935,000).

    Inside Line says: The Duesies and Ferraris pretty much muscled everyone else off the stand. — Paul Lienert, Correspondent

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    tdiluv says:

    07:20 AM, 03/15/2011

    Proves that some people have more money than brains!

    cz_75 says:

    11:09 PM, 03/14/2011

    I like the Alfa and Duesie, but that Ferrari is even more ugly than the new FF and I'd still have well over $2 mil left over if I bought them instead.

    sharpend says:

    08:33 PM, 03/14/2011

    I'd buy that for a dollar!

    juan_mx says:

    07:05 PM, 03/14/2011

    Somewhat this Ferrari reminds me of the Nissan Juke.

    dwnunder23 says:

    06:46 PM, 03/14/2011

    It might be the rarest Ferrari but it's definitely the ugliest.

    greedyamerican says:

    05:51 PM, 03/14/2011

    I feel embarrased driving this thing on the street...

    gtrguy2012 says:

    05:23 PM, 03/14/2011

    That is one UGLY Ferrari....

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