Back in January 2016, Jerry Seinfeld announced he decided to part with no fewer than 16 Porsches and two Volkswagens from his massive collection. Described as "one of the finest Porsche collections ever assembled" by Gooding & Company, the selection included many rare models that Seinfeld claimed to be “the best examples that exist in the world”. The collection hit the auction block at the Amelia Island Auction in Florida on March 11th and sold for a whopping $22 million.
The star of the auction was a 1955 Porsche 550 Spyder, which sold for $5.35 million. The 1973 917/30 Can-Am race car changed hands for $3 million but, while it may seem like a lot, the Sunoco-liveried racer was actually estimated to fetch $5 million. A 1959 718 RSK also failed to meet expectations, selling for $2.86 million instead of $4 million. On the other hand, the 1974 911 Carrera 3.0 IROC RSR went for $2.3 million, over the initial estimate of $1.2-$1.5 million. Three more vehicles sold for seven-figure amounts: a 1990 962C race car for $1.65 million, a 1958 356 A 1500 GS/GT Carrera Speedster for $1.54 million, and a 1994 964 Turbo 3.6 S Flachbau for $1 million.
As for the two Volkswagens, Seinfeld got a $99,000 check for a 1964 Microbus and received $121,000 for a 1960 Beetle. The latter broke the record and became the most expensive Beetle ever auctioned.
One vehicle, the 2000 GT Prototype, failed to sell. One of only two built by Porsche, the non-drivable prototype was estimated to trade between $1.5 million to over $2.2 million. It looks like Seinfeld will have to keep it a bit longer.
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