The Barn Bugatti Sells At Auction

From the barn to the auction block, a rare Bugatti Atalante 57S that had been tucked away in a barn for half a century had its moment in the sun this weekend. The car was auctioned off in Paris as part of the Bonhams Retromobile sale. The estimated value had been listed as high as £6 million (about $8.8 million) and the official estimate was between 2.75 million euros and 4 million euros. Bloomberg reports that it sold for 3.5 million euros ($4.53 million). The two-seat 1937 Bugatti Atalante 57S coupe was one of 17 vehicles of its type and had just 26,284 miles odometer. This number was far less than the $7.92 million that, as my colleague Jared Paul Stern reported, another 1937 Bugatti Type 57SC Atalante coupe sold for last summer. That car, however, was in much better shape, the new owner of the barn Bugatti is facing a restoration bill in the hundreds of thousands of dollars.
Whitney Houston Autopsy: Cause of Death Determined?
Adele Five-Year Break? Singer Plans to Focus on Relationship, Write 'Happy Record'
Social Security Is Failing Even Faster Than We Thought
Jennifer Hudson Whitney Tribute: Grammy President Reveals Why Singer Was Chosen for Musical Memorial
Chris Brown, Grammys 2012: Embattled Singer Slams Critics
Grammy 2012 Winners' List: Adele Sweeps Music's Biggest Night
3 Economic Misconceptions That Need to Die
5-Hour Energy: A Success Equal Parts Caffeine, Chemistry and Meditation
Trace Adkins Reunites With College Crush, 30 Years Later
People With Easy-To-Pronounce Names More Likely To Succeed, Study Says
Lauren Scruggs Goes On Ski Vacation