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All-Time Most Expensive Classic Cars at Auction

By Bloomberg Rankings - 2013-08-21T14:46:35Z

Photograph by Darin Schnabel/RM Auctions via Bloomberg

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A rare 1967 Ferrari 275 GTB/4S NART Spider sold on Aug. 17, fetching $27.5 million -- the highest price paid at auction for the Italian car maker anywhere in the world and the most for any car bought at a U.S. public sale.

Estimated to sell between $14 million and $17 million, the Ferrari had been entered by family of the late North Carolina businessman Eddie Smith Sr., the car's one and only owner.

The price, which included fees, was the second-highest for any car at a public sale after the $29.5 million paid for a 1954 Mercedes-Benz W196R that Juan Manuel Fangio drove to two Grand Prix victories, sold by Bonhams in July.

Classic Ferrari racers from the 1950s and 1960s are the world's consistently valuable motor cars.

Click through to see the top 20 most expensive classic cars ever sold at public auction.