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China's Poly Culture Could Buy Bonhams Auction House

  • August 11, 2014 14:46
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This 1962 Ferrari 250 GTO will be offered by Bonhams with no reserve price at the annual Pebble Beach Concours d’Elegance this week. Experts say the car could bring as much as $70 million.
Bonhams

A sales price has yet to be disclosed, but some sources say it could be 'several hundred million pounds.'

Poly Culture, based in mainland China, is a former subsidiary of Poly Group, a government-controlled company with interests from property to arms exports.

Read more at Daily Mail

Tags: collectibles & memorabilia general antiques & arts
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