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A Bugatti drives car collectors into top ranks

Some time last week, the estate of Peter D. Williamson sold the late car collector's prized 1936 Bugatti 57SC Atlantic to the Mullin Automotive Museum in Oxnard, Calif., for between $30 million and $40 million, according to a person familiar with the transaction. Any figure in that range would make the Williamson Atlantic -- a heartbreaking piece of European automotive sculpture considered to be the epitome of French-Deco styling -- the most valuable car known to have changed hands.

The most valuable car ever sold at a public auction was a 1957 Ferrari 250 Testa Rossa, which sold for $12.2 million in May 2009.

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