Rare Lamborghini Countach Sells for Record-Breaking Price

lambo3It was a standing room only event at the Bonham tent in Greenwich, Connecticut late last week. Women were dolled up in their finest dresses, cleavage popping out, martinis in hand. Men were on the wire making deals, eyeing the busty women, hoping to impress some with their fat wallets. There was a muffled excitement in the air as the crowd watched and waited for the 7th annual Greenwich collector motorcar auction to begin.

Rumors swirled that this would go down as the most extravagant and expensive vehicle lineup in the auction’s short history. Well, they were correct.

When it was all said and done, the Greenwich auction reeled in an amazing $8 million plus in sales.

Rupert Banner, Vice President and head of the Bonhams motorcar division East Coast said, “It was a record turnout at this year’s Greenwich auction. We were pleased to bring this year’s expansive offering of quality motorcars to this wonderful event, and extend our most sincere thanks to all the attendees, the event organizers, and the loyal clientele who participated.”

Some of the biggest money makers at the event included:

  • jagA 1961 Jaguar E-Type Series 1 3.8-Liter Roadster, which sold for $335,500
  • A 1966 Fitch Phoenix, which sold for $253,000
  • A 1925 Rolls-Royce Silver Ghost Piccadilly Roadster, which sold for $250,000
  • A 1927 Amilcar CGSS Two eater Sports Car, which sold for $191,400
  • A 1963 Maserati 3500 GTi Superleggera Coupe, which sold for $176,000
  • A 1910 Stoddard Dayton Model 10K Baby Tonneau, which sold for $170,500

As great as these classics were, though, none of them rivalled the auction’s biggest and most lucrative car, a 1975 Lamborghini Countach LP 400 ‘Periscopica.’ The classic Tahiti blue ’75 Lamborghini sold for a mind numbing $1.2 million dollars.

The Lamborghini's interior.

The Lamborghini’s interior.

The $1.2 million dollar bid trumped the previous selling record of $836,000 for the vehicle. According to reports, this particular Lambo has only had one owner in its 39 year life and has just over 10,000 miles on the clock.

Obviously, much of the reasoning behind the price is the rarity of this particular bird. Between 1974 and 1990, only 2,042 Countachs had been assembled, and only 150 of these were branded with the Periscopica name.

Autoblog’s Noah Joseph says, “The rising prices surely reflect the coming of age for the Countach, now nearly 40 years since its introduction- particularly for the generation that grew up idolizing it as the prototypical supercar.”

For the Greenwich auction, the Lambo symbolized another year of success. For the man who bought it… well, it was a way to show off his fat wallet and snag a busty broad.

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