McQueen The
Why does any car, truck or motorcycle once owned by this iconic actor, racer and sex symbol sell for many times its normal value?
BY MATT STONE
Steve McQueen’s Ferrari 250 GT Lusso, s/n 4891GT, was a gift for his 34th birthday from his wife Neile. Here McQueen and model Peggy Moffitt class it up for an iconic William Claxton photo shoot.
August 16, 2007. Te Christie’s Auction at the Monterey Jet Center, Monterey, California. Te lights dimmed and the music system thumped to Sheryl Crow singing her hit song “Steve McQueen.” An elegant 1963 Ferrari 250 GT Lusso rolled onto an elevated turntable. Te crowd hummed with anticipation and the bidding hit a half-million dollars instantly, and nearly as quickly, passed a million—twice the price of a “normal” Lusso. Bidding continued to rise, although once it reached $1.5 million the pace slowed. Te crowd collectively sighed when the magnificent Ferrari broke the $2 million mark. When the gavel fell, the final tally for Steve Mc- Queen’s former 250 Lusso was $2.31 million, including the buyer’s premium. What had just happened?
Hagerty Magazine | 800-922-4050 25 Mystique
PHOTOGRAPH BY WILLIAM CLAXTON/COURTESY DEMONT PHOTO MANAGEMENT, LLC
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