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  • These three Porsche beauties are amongst the cars Jerry Seinfeld intends to auction on March 11, 2016
The Insider's Diary

Jerry Seinfeld’s multi-million-dollar vintage Porsches are up for sale!

Posted by: Sonali Velinker Kamat on March 01, 2016

It may be Jerry Seinfeld’s funniest joke yet. He doesn’t think of himself as a collector and has “never bought a car as an investment,” yet the comedian is slated to sell some standouts from his enviable Porsche collection this month and is expected to receive $6 million from the sale of a single car!

The 1955 Porsche 550 Spyder that has received this valuation is one of over a dozen cars being put up for sale at Gooding & Company’s Amelia Island auction in Florida on March 11, with a 1958 Porsche 356 A 1500 GS/GT Carrera Speedster, and a 1974 Porsche 911 Carrera 3.0 IROC RSR being notable others.

Explaining his decision to auction a part of his vintage Porsche collection, Seinfeld says: “Each one of these cars is a pinnacle of mechanical culture to me. Many are the best examples that exist in the world. I’ve loved being entrusted with their care, and I’m proud of the level to which we have brought each and every one of these wonderful machines. Honestly, if I had unlimited time, space and attention span I would never sell one of them. And the reason I wanted to bid these cars farewell in this way is really just to see the look of excitement on the faces of the next owners who I know will be out of their minds with joy that they are going to get to experience them.”

With each of the cars valued at well over $1 million (not to mention the pricey Spyder), one thing is for sure — come mid-March, this car-mad comedian will be laughing all the way to the bank!

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