An original car from the PeopleMover ride at Disneyland realised $471,500 at Van Eaton Galleries.
It's now the most valuable piece of Disney memorabilia ever sold.
The PeopleMover opened in the Tomorrowland section of the park in Anaheim, California in 1967.
It was originally designed as a prototype mass transit system, although it never caught on in the outside world, and was hugely popular with visitors.
The ride closed down in 1995, but there are plans to resurrect it at some point in the near future. Only 13 of the original cars are known to exist today.
Mike Van Eaton, co-founder of Van Eaton Galleries, comments: "We knew the ride vehicles in our 'Collecting Disneyland' auction would be one of the many show stoppers but we never thought it would sell for such a record price.
"When the bids just kept coming in at such a rapid pace we knew we were on to something pretty magical, just like Walt Disney himself."
The sale featured a number of other artefacts from throughout the park's history. These included the sign from the Golden Horseshoe Revue, which made $48,875, and an original concept drawing of Adventureland that made $33,350.
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