Jerry Seinfeld sells off part of Porsche collection for $22 mill - KCTV5

Jerry Seinfeld sells off part of Porsche collection for $22 million

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By Andrew Ganz


Comedian Jerry Seinfeld pocketed enough money to buy more than a few coffee shops, let alone cups of coffee, thanks to the $22 million earned by selling some of his Porsches at an auction.

The funny man sold off 18 cars, 16 of which were Porsches, via Gooding & Co.'s auction at the 2016 Amelia Island Concours d’Elegance. Seinfeld is believed to still have at least 150 cars, most of which are Porsches.

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Highlights from the sale included a $5.35 million bid for a 1955 Porsche 550 Spyder, $3 million for a 1973 917/30 Can-Am Spyder, $2.3 million for a 1974 911 Carrera 3.0 IROC RSR,  $1.65 million for a 1990 962C race car, and $1 million for a 1994 964 Flatnose/Flachbau Turbo.

Although $22 million sounds like a lot of money for 18 cars, it is actually a bit below the $28 to 32 million pre-auction estimate. A few cars fell well below the auction estimate, most notably the '73 917/30 Can-Am Spyder, which was expected to go for $5 million. Seinfeld is believed to have paid $4.4 million for that car and it sold for $3 million at Amelia Island. Furthermore, his 2000 Porsche Carrera GT Prototype, didn't garner enough bidding to sell.

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On the other hand, and at the very opposite end of the spectrum, Seinfeld's 1960 Beetle broke a record for Beetles at auction, selling for $121,000. 

The 18 cars from Seinfeld’s collection and their selling prices:

1973 Porsche 917/30 Can-Am Spyder - $3 million
1955 Porsche 550 Spyder - $5.35 million
1959 Porsche 718 RSK - $2.86 million
1958 Porsche 356 A 1500 GS/GT Carrera Speedster - $1.54 million
2000 Porsche Carrera GT Prototype - Unsold
1990 Porsche 962C - $1.65 million
1974 Porsche 911 Carrera 3.0 IROC RSR - $2.31 million
1998 Porsche 993 3.8 Cup RSR - $935,000
1963 Porsche 356 B 2000 GS Carrera 2 Coupe - $825,000
1994 Porsche 964 Turbo 3.6 S Flachbau - $1 million
1957 Porsche 356 A Speedster - $682,000
2012 Porsche 997 GT3 4.0 Cup "Brumos Commemorative Edition"
1958 Porsche 597 Jagdwagen - $330,000
2011 Porsche 997 Speedster - $440,000
1989 Porsche 911 Speedster - $363,000
1966 Porsche 911 - $275,000
1960 Volkswagen Beetle - $121,000
1964 Volkswagen Microbus - $99,000

For more coverage on the Amelia Island concours, head to our dedicated hub.





This story originally appeared at Motor Authority

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