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CALIFORNIA NEWS
Rare Mercedes fetches $10.7 million at Cal auction
Posted: Aug 20, 2012 4:54 AM by Associated Press
PEBBLE BEACH, Calif. (AP) - A rare 1936 Mercedes-Benz that was tucked away for decades in a Connecticut barn has sold for $10.7 million at a California auction.
The San Jose Mercury News says the 540 K Special Roadster was bought Sunday at the Pebble Beach Concours d'Elegance.
The bidder wasn't publicly identified.
The 17-foot-long car is believed to be among only 12 left in the world. It was owned by a New Hampshire businessman.
It was brought to the United States by the family of German Baroness Gisela von Krieger after World War II. The car was kept in a barn for three decades and rediscovered after her death in 1989.
The price falls short of the record for a car sold at auction. A Ferrari last year fetched $16.4 million.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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