Southby’s auction house staged the world’s first auction dedicated entirely to gold on Wednesday – with a sparkling gold Ferrari being up for grabs.
With its unique dazzling colour and Testa di Moro chestnut-brown leather interior, the 1977 Ferrari 512 BB, went up for auction with an estimate of £350,000 – 450,000.
The Best Ferrari Ever Made
It is one of only four Ferrari 512 BBs ever made in this unique shade of gold, and was sent to undergo a full restoration in Modena, Italy, which is one of the rarest items to come to the London auction.
Paul Darvill, Southby’s car expert, said: “We are delighted to offer the exquisite gold Ferrari 512 BB in Sotheby’s The Midas Touch sale. The overall effect of the car’s unique colour combination of gold over a brown leather interior is both stunning and quintessential of its period. The car has had a wonderful restoration and is perhaps one of the most desirable Berlinetta Boxers available to the market anywhere in the world.”
Constantine Frangos, head of The Midas Touch sale, added: “This Ferrari really encapsulates the excitement, luxury and pure extravagance associated with gold, and we’re delighted to have such a show-stopper lot in our very first gold sale. The uniqueness of this car makes this a fantastic opportunity for collectors, and car enthusiasts alike.”
The Midas Touch
This first ever “Midas Touch” sale is said to highlight objects solely associated with the precious metal. It also featured a solid gold bust of Kate Moss by Marc Quinn and a rectangular gold panel by post-war French artist Yves Klein, the auction will ultimately tell the story of these precious metals through the arts and ages.
The sale took place in London October 17, with an online sale up until October 19.
What are your thoughts? Is this one-of-kind gold Ferrari worth the price tag? Let us know in the comments below.