Our World Record Ferrari F50 #104802 Sale and Why Auctions Are No Longer the Benchmark

The Ferrari F50 single ownership 2388km time capsule #104802 has officially been #transactedbyFSC24 — setting not one, but two new world records:

1️⃣ Highest purchase price ever paid for a red Ferrari F50 — exceeding both recent headline sales of at global auction houses.

2️⃣ Highest net proceeds to seller — despite only a slightly higher gross price, the previous owner received +12% more net than the auctioned examples. No middlemen. No inflated fees.

So why does this matter?
Because auctions are old-fashioned.
In today’s market, smart collectors, family offices and investors go off-market — and here’s why:
Auction results include hidden margins: buyer premiums, seller commissions, marketing fees.
The buyer overpays the asset, and the seller receives less.
It’s not a fair trade — it’s a spectacle.
Remember: Off-market = Before Margin.

It’s how the most desirable unicorns really trade hands:

✅ Discreet
✅ Verified
✅ Collector-to-collector
✅ Before markup, before hype

Auctions are for spectators. Off-market is for owners.
Welcome to the next generation of collecting.
Welcome to FSC24.app — where capital meets emotion before the margin.