This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Most Expensive Cars Auctioned Off in 2012

No. 1 costliest car: 1936 Mercedes-Benz 540 K Special Roadster
Winning bid: $11.8 million

This ultra-rare Mercedes survived Nazi Germany and World War II, then sat in a U.S. garage for decades until its reclusive owner died in 1989.

One of the best examples of roughly 15 Mercedes Special Roadsters that still exist, the car belonged originally to Henning and Gisela von Krieger -- brother and sister Prussian aristocrats who left Germany to escape the Third Reich.

The von Kriegers managed to ship the car to neutral Switzerland in 1942, then brought it to New York aboard the Queen Elizabeth when they moved to America after the war.

Gisela von Krieger, who outlived her brother, left the car in upscale Greenwich, Conn., after she returned to Switzerland. Her old maps, silk gloves and lipstick-stained cigarette butts remained in the vehicle for decades.

The car has an extremely rare chassis and excellent custom-body construction, says Gooding & Co.'s Brynan, whose firm oversaw the vehicle's auction.

Now fully restored, the Special Roadster set records this summer for the highest winning bid ever for a Mercedes and any pre-World War II car.

Brynan says a U.S. collector paid top dollar for the vehicle because the car offered a combination of rarity, desirability, good looks and well-documented restoration work.

"This vehicle has pretty much everything you'd look for in a collectible car," Brynan says. "Mercedes is known among collectors as the best pre-war [brand], and Special Roadsters are really considered the prettiest and most exotic of them all."
Gary Krakow is TheStreet's senior technology correspondent.
7 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
F $11.38 -0.61%
AAPL $93.49 -0.56%
FB $98.07 -5.80%
GOOG $667.52 -2.30%
TSLA $147.43 -9.30%


Chart of I:DJI
DOW 15,823.23 -381.74 -2.36%
S&P 500 1,831.59 -48.46 -2.58%
NASDAQ 4,223.8970 -139.2470 -3.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs