According to a tip from a Jalopnik reader, the owner of 12 Ferraris — plus an incongruous but very cool Ford Thunderbird — also owned a real estate company that went bankrupt. Unfortunately, he had all the cars parked in a building owned by the company, so they're up for auction now.

Nice one, genius, next time, build a 15-car garage at home before you go bankrupt so that you can keep your cars until you default on the mortgage.

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There are some real gems in the collection, including a 1985 308 GTB Quattrovalvole starting at a bargain basement $21,000, as well as an absolutely gorgeous 1965 275 GTB. Bidding on that one will begin at a not-so-modest $502,000, but you get what you pay for; it's sex on wheels.

Also up for auction are two 328 GTSs, a 348 TS, a 365 GTB4 Daytona, a 456 GT, a 456 GT, a F355 Berlinetta, a Mondial T, two Testarossas, and a 1990 F40 that someone has decided to start at $226,000. (Hat tip to Quintin!)

Photo credit: BVA Auctions

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