Auction of one-of-a-kind Porsche falls apart after bizarre bidding error

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Auction of one-of-a-kind Porsche falls apart after bizarre bidding error
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What's the cost of improper enunciation? How about $53 million?

A 1939 Porsche “Type 64,” the only of its kind still existing, was expected to sell for around $20 million at an auction by RM Sotheby’s BID, +0.15% in Monterey, Calif., on Saturday night.

Apparently the screen operator had misheard the auctioneer’s Dutch-accented English, and input 30 for 13, 40 for 14, and so on.There were no further bids above $17 million — which was below the car’s minimum bid price — so the lot was pulled from the auction.

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