A 1962 Ferrari 400 Superamerica has been auctioned this past weekend for an impressive $3.5 million, the highest price ever paid for a Ferrari Superamerica, but also a little lower than they had originally anticipated. At the same RM's Sporting Classics auction in Monaco, a 1960 Maserati Tipo 61 "Birdcage" was sold for over $3.3 million. It's a shame we are desensitized to these outrageous prices, especially after the 1936 Bugatti Type 57SC Atlantic sold for $30-$40 million.

The 400 SuperAmerica was powered by a 4.0-liter Gioachino designed V12 engine that delivered 340 hp at 7000 rpm. The engine was coupled to a 4-speed, all synchromesh gearbox, fitted with an electronic overdrive unit on top gear, driving through a universally jointed propeller shaft to a rigid rear axle. The 0 to 60 mph sprint was made in 9.2 seconds, while top speed went up to 174 mph.

The Ferrari->ke252 was able to fetch such an impressive price due to the history behind it. The Ferrari Superamerica was one of only a handful of “short-wheelbase” 400 cabriolets ever built with a 95-inch wheelbase. It was sold in Arizona back in 1962 where it was immediately to the Bonneville Speed Trials.

Hit the jump for a video displaying this beauty inch by inch.