On 11th March 2016, 18 of Jerry Seinfeld's cars went under the hammer on Amelia Island at the Hagerty auction house. The pain of separation is sure to have been alleviated somewhat by the proCee’ds made in those two hours - 22.2 million dollars - even if Seinfeld maintains that he didn't become a collector to make money.
VW Beetle on top, Porsche Carrera GT a flop
The real star of the auction was a white 1960 VW Beetle. This netted an unbelievable 121,000 dollars. Normally, Beetles in its condition go for a maximum of 30,000 dollars. Are Beetles the next big investment opportunity then? Sadly not, unless they count A-list celebrities amongst their previous owners. An unexpected non-seller was the prototype of the Porsche Carrera GT. Seinfeld wanted at least 1.5 million for the supercar, however the bidding ended short at one million. The entertainer – who was present for the proCee’dings – decided that was not enough, and the car remained in his possession.
His Porsche 917/30 Spyder Can-Am from 1973 ended up making a loss. Prior to the auction, its value was estimated at five million dollars. Seinfeld bought it four years beforehand for 4.4 million dollars. Nobody was prepared to bid on the car however, and the Can-Am sold for three million dollars in post-auction sales.
Over 22 Millionen for 17 cars
The remaining specimens did then go on to fulfil expectations. Seinfeld's Porsche 911 Carrera 3.0 IROC RSR from 1974 netted approximately 2.3 million dollars – beating the valuation by almost a million dollars. A 1958 Porsche 356 A 1500 GS/GT Carrera Speedster brought in 1,625,000 US dollars. The top-seller of the event was however the 1955 Porsche 550 Spyder, which contributed approximately 5.4 million dollars to Seinfeld's wallet.
All the cars auctioned from Seinfeld's collection can be found in our gallery, including such exotic numbers as the Porsche 964 Turbo 3.6 S slantnose, a 1964 VW Camper and a Porsche 597 hunting car from 1958.