Ferraris were once again the undisputed focal point of the collector car marketplace in 2016. Given their importance to the markets, they were also the center of attention in Auction Editor Rick Carey’s reports on Sports Car Digest, with nearly 190 of Maranello’s finest methodically examined this year.
Examples that went under Carey’s microscope included a 430 F1 with “interior carbon fiber trim [that] looks like it came out of a J.C. Whitney kit” to a fabulous alloy-bodied 250 GT LWB California Spider that sold for $18,150,000. Carey reported the latter was “sold by Gooding in 2010 for $7,260,000 before the most recent cosmetic work by Bob Smith Coachworks but even taking that considerable expense into account this is a serious price, effectively doubling its value in six years.”
Although not directly analyzed by Carey, the top auction price of 2016 also went to a Ferrari, the 1957 335 S Spider Scaglietti that sold for $35,711,359 (€32,075,200, £24,693,782) at the Artcurial Retromobile auction in February. Notably, using the Euro and Sterling, the sale price for the 335 S broke the all-time auction record set in 2014 by the 1962 Ferrari 250 GTO (€28,528,626, £22,843,633), although it finished second when converted to dollars.
What will happen to Ferrari prices in 2016 and beyond? Will the Trump presidency usher in a new wave of optimism in the markets? We’ll soon know with the Scottsdale/Kissimmee auctions coming up soon in January, followed quickly by Paris sales.
Lot # T87.1 1986 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSA17A6G0060807; Red/Black leather; Unrestored original, 3+ condition; With Reserve; Hammered Sold at $125,000 plus commission of 10.00%; Final Price $137,500 – Single mirror, aftermarket alloy wheels, BF Goodrich tires, locking filler cap, fire extinguisher, power windows, air conditioning. – Nothing advertised regarding maintenance or history. Dull wheels. Decent original paint. Fairly worn, dull interior. No service history is represented, and although it’s a sound car, its overall condition is worse than most others like it. A flying mirror Testarossa would ordinarily be noteworthy, but this car was overshadowed at this sale by the white Miami Vice car. – Despite the unknown history and used presentation, this car brought a very healthy price for a Testarossa in this condition. It’s an expensive car that in less than 1,000 miles will be overdue for its 30,000 mile service, when it will become an even more expensive one.Lot # T200.1 1974 Ferrari Dino 246 GTS Targa, Body by Scaglietti; S/N 08252; Fly Yellow/Tan leather with Black inserts; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $400,000 – Campagnolo wheels, Michelin tires, chairs and flares, Borletti air conditioning, power windows, Momo steering wheel, Alpine CD stereo. – Claimed to have been used in films “Cannonball Run”, “Sharky’s Machine” and “Stroker Ace” but only offers a 1984 Ferrari Market Letter as evidence. 2001 repaint that is quite good but showing its age with a handful of small chips in the nose. Excellent targa top. Bumper rub strips are a little wavy. Some light scuffs on the seats, but otherwise pretty good interior. Desirable options and pretty colors, but this isn’t the world’s best. – Sold by Barrett-Jackson in 2002, back when even chairs and flares Dinos were relatively affordable and when this car’s restoration was fresh, for $78,100. Almost a decade and a half later, the appreciation for Ferraris with less than 12 cylinders has really grown and in today’s market, $400K for even this well used chairs and flares Dino isn’t enough. Another 10 percent would have been closer to the mark.Lot # T203 1973 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 16109; Fly Yellow/Black leather; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $800,000 – Ansa exhaust, Borrani wire wheels, Michelin XWX tires, Simpson racing belts, power windows, Alpine cassette stereo, Borletti air conditioning, Momo steering wheel. – Nut and bolt restored in the 90s and 8k miles ago. Small chip at the top of the hood. Otherwise good, but not great older paint. Ansa stickers are wearing off. Used but tidy engine bay. Lightly worn seats and switchgear. Little bit of road dirt underneath. Restored then used. By classic Ferrari standards, it’s a decent driver. – The reported high bid was plenty, even generous for a Daytona in this condition, so why it didn’t see the car off to a new home is a mystery.Lot # T206 1967 Ferrari 330 GTC Coupe, Body by Pininfarina; S/N 9955; Engine # 9955; Rosso Corsa/Tan leather; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $600,000 – Ansa exhaust, Borrani wire wheels, Michelin XWX tires, woodrim steering wheel, Becker Europa radio, wood dash, power windows, power brakes. – Excellent two year old upholstery. The rest of the interior is very good and without major flaw but older. Engine bay shows plenty of signs of age and use. Very good, not show-stopping paint. Some road dirt on the underbody and pitting on the exhaust. Restored in the late 1990s and enjoyed. Really just a driver, but a pretty one. – The 330 GTC will never command the same respect and collectability of its peers like the 275 GTB, but their more winsome traits have caught the attention of collectors over the past few years and they are no longer the tempting value in Enzo-era V-12s that they once were. The Kissimmee bidders were a bit behind the curve on this one. While imperfect, it could have asked another $100,000, so hanging on to it was a reasonable choice.Lot # F52 1985 Ferrari 308 GTS Targa, Body by Pininfarina; S/N ZFFUA13A6F0057063; Red/Black leather with Red inserts; Unrestored original, 3+ condition; No Reserve; Hammered Sold at $47,000 plus commission of 10.00%; Final Price $51,700 – Alloy wheels, Goodyear Eagle GT tires, roof spoiler, dual mirrors, power windows, air conditioning, Kenwood CD stereo. – Bad, crinkly repaint on the bottom front lip. KM on the speedo but it has US bumpers. Decent exterior plastic. Worn leather steering wheel rim. Otherwise really well kept interior. Good shiny paint. Very good roof vinyl. Showing 57,362 km and advertised with a recent service, it’s your standard used 308 GTS. – A no reserve lot, this decent 308 GTS sold in 2016 for 2014 money.Lot # S14 1990 Ferrari 348ts Targa, Body by Pininfarina; S/N ZFFFG36A6L0087190; Rosso Corsa/Tan leather; Unrestored original, 2- condition; With Reserve; Hammered Sold at $54,000 plus commission of 10.00%; Final Price $59,400 – Bridgestone tires, limited slip, heated rear window, power windows, air conditioning. – Showing 6,883 miles and serviced in April 2015, including new belts, bearings and valve cover gaskets. Small gouge and a few scratches in the plastic front lip. Very good paint and clean underbody. Two small scuffs on driver seat and console but otherwise fantastic original interior. Barely used, but also maintained in good condition. – Sold by Mecum in Chicago last October for $61,600, the seller read the tea leaves after that generous transaction and decided to get out while he or she could, a wise move.Lot # S85.1 1967 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina; S/N 11471; Red/Tan leather; Older restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $225,000 – Wire wheels, Michelin tires, dual mirrors, Borrani wheels, woodrim steering wheel, console, power windows, AM/FM radio. – Very good, relatively recent paint and chrome. Good, clean engine bay. Very good interior. Gone through mechanically, including new struts, bushings, tie-rod ends and air compressor as well as rebuilt carburetors and fuel system. Nothing has been done to exacting concours standards, but at the same time the car doesn’t need anything at least to be enjoyed. – The Queen Mother, as 365 GT 2+2s are disrespectfully known among Ferrari followers, is now the least expensive way to get the Enzo-era front-engined V12 Ferrari experience and today routinely bring eye-popping prices seen not so long ago on 250 GT Pf coupes. The escalation is troubling but in a purely market sense the consignor here made the appropriate decision to keep the car in search of a better offer.Lot # S119 1967 Ferrari 275 GTB/4 Berlinetta, Body by Scaglietti; S/N 10717; Engine # 10717; Grigio Mahmoud/Tan leather; Unrestored original, 3+ condition; With Reserve; Not sold at Hammer bid of $2,800,000 – Centerlock alloy wheels, dual mirrors, Blaupunkt AM/FM radio in addition to a later underdash AM/FM radio, dash clock, manuals, tool roll. – All original except for one repaint in the 1970s and a replacement odometer. Badly fading finish in some spots, particularly on the front. Crazing on the nose. Big chips at the back of the driver’s door. Fairly worn original seats, but the rest of the interior is quite good and well preserved. Clean used engine bay and underbody. Purchased in 1970 by Ferrari mechanic Terry Myr and kept by him until 2015, so it is reasonable to assume it’s as sound mechanically as it is cosmetically. – This car got a lot of attention during the preview days and was not without a fair number of bidders when it crossed the block, but bidding ground to a halt at $2.8 million, a sufficient number two years ago but not so much today. Originality and condition both commend this 4-cam, which was easily worth over $3 million, and might have sold for that much if Ferrari bidders hadn’t been on their way to Scottsdale this Saturday.Lot # S146 2005 Ferrari 575M Maranello Coupe, Body by Pininfarina; S/N ZFFBV55A750139933; Red/Black leather; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $220,000 – Alloy wheels, Bridgestone Pilot Sport tires, paddle shifters, power windows, air conditioning, factory radio. – From the Unique Collectibles collection. Service records. Very good original paint and interior. Not quite like new, but more like a car that’s a couple years old and has been taken on a long trip or two while always being carefully kept. – With all the talk of modern classics and late model exotics commanding premium prices at auction, this 575M is still just a used car, albeit one that hasn’t depreciated by much. It would have cost about $250,000 when new.Lot # S170 1973 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 16701; Azzuro/Black leather; Unrestored original, 2- condition; With Reserve; Post-block sale at $700,000 plus commission of 10.00%; Final Price $770,000 – Centerlock Cromodora wheels, Michelin WXW tires, tool kit, manuals, Dinoplex ignition, Becker Mexico cassette radio, power windows, Borletti air conditioning. – Mostly original U.S. spec Daytona with one repaint. 17,361 miles, most of them through the late 1980s, are believable. Recently redone suspension and a tune-up and fluid replacement. Very clean engine bay which includes the U.S. smog equipment usually trashed as soon as possible. Light wear on the underbody. Lightly worn interior. Very good paint. – Bid to $660,000 on the block and reported closed post-block with this result. An honest, mostly original Daytona in very good condition even after long storage and recent re-commissioning. The price is appropriate to its history and condition.
Ferraris Sold at Auction in 2016 – Page Two
Lot # S180 1986 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSA17AXG0063631; White/Beige leather; Unrestored original, 2- condition; With Reserve; Not sold at Hammer bid of $475,000 – Alloy wheels, Goodyear tires, single mirror, locking filler cap, car phone, power windows, air conditioning, cruise control. – Featured in Miami Vice and, less importantly, a Chris Brown/Pit Bull music video. The car card reads “possibly the most famous Ferrari known to exist”, a pretty laughable claim. Stored from 1990 until last year. Classiche certified and recent engine-out service. A few touched up scratches and cracks on the nose. Sizable blisters on and around the side strakes. Small blisters on passenger door. Fairly worn seats, otherwise excellent interior. Discoloration on the exhaust tips. You’d have to really like the show to pay the premium for this, but even without the screen time it’s a commendably preserved flying mirror Testarossa with 16,124 miles on the odometer. – Not sold at Mecum Monterey last year at $600,000, a considerable amount more than it was bid to here. It can be hard to place value on a famous on-screen car, and it’s not like Steve McQueen played Sonny Crockett. But with two trips across the block it seems as if the people have spoken and the 600 grand on offer back in August was a missed opportunity. More auction exposure trying to tease out the right ‘TV show premium’ is not going to do much but make the car shopworn and cost the consignor more entry and transportation fees. It’s time to get real and take any serious money that presents itself.Lot # S186 1979 Ferrari 512 BB Koenig Coupe, Body by Pininfarina; S/N F102BB29183; Black/Black leather; Unrestored original, 3+ condition; With Reserve; Not sold at Hammer bid of $200,000 – BBS centerlock wheels, air dam, wing, roof inlet scoops, front bumper treatment, wide body kit, tool kit, leather-wrapped Momo steering wheel, Blaupunkt cassette stereo. – Lots of stone chips on the nose and some small scrapes at the bottom of the front lip. Flakes coming off the black painted windshield frame and along the drip rails. Some dull switchgear and interior bits, but overall sound cockpit. Tidy underneath. It’s certainly seen some fast driving, but it’s been cared for, probably better than most modified Ferraris. Legally imported to the US in 1980 and comes with its clearance paperwork. – In the absence of any mention of performance upgrades it would appear that the Koenig modifications consist only of the flamboyant body kit. With stock 512 BBs selling for $300,000 or more the Kissimmee bidders turned their collective backs on this Koenig. It is unlikely to find a more receptive venue.Lot # S244 1979 Ferrari 308 GT4 Dino Coupe, Body by Bertone; S/N F106AL14970; Rosso Corsa/Black leather; Estimate $100,000 – $130,000; Unrestored original, 2- condition; With Reserve; Not sold at Hammer bid of $50,000 – Alloy wheels, Michelin TRX tires, sunroof, air conditioning, Momo leather-wrapped steering wheel, Alpine CD stereo, power windows, tools, jack, manuals, warranty book. – Good, straight bumper plastic on the front, but a bit scratched up on the rear. Very good paint. Beautiful original interior. Used but clean underneath. Showing 28,838 believable miles. The cheaper Ferraris don’t always get the royal treatment, but this all original car really has. There’s no mention of service history, but on the surface it has been carefully used. – While less overtly sporty and less attractive than a 308 GTB, the GT4 has similarly gained appreciation in recent years and seen values pulled up by a generally growing Ferrari market. While Mecum’s presale estimate on this car was unrealistic, it’s still a commendably kept example, equipped with the desirable sunroof, and in today’s market deserved $15-20,000 more.
Lot # 1224 1997 Ferrari 456 GTA Coupe, Body by Pininfarina; S/N ZFFWP50A5V0106383; Dark Blue/Tan; Unrestored original, 2- condition; No Reserve; Hammered Sold at $48,000 plus commission of 10.00%; Final Price $52,800 – Automatic, chromed wheels, Bridgestone tires, tinted glass, power windows, air conditioning. – 22,747 miles. Given the 30,000-mile service early and 4,000 miles ago. Numerous small stone chips on the nose. Very dark aftermarket window tint. Driver’s door handle is loose and jiggly. Lightly worn seats. A used car. The 456 is always going to live in the shadow of cars like the 550 and 355 from the 1990s, and is more a high speed cruiser than a driver’s car. And while it does have an automatic, remember that it also does not have paddle shifters. Even so, it’s got the prancing horse and a V-12 up front, and that’s enough for a lot of people. – The 456, and particularly the GTA, may be the performance value of the time in front engined Ferrari V12s, particularly at prices like this for a maintained, low miles example.Lot # 1395 1950 Ferrari 195 Inter Coupe, Body by Touring; S/N 0081S; Blue Scurro/Camel leather, cloth; Older restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $1,550,000 – RHD. Chrome spoke Borrani wire wheels, 185-15 Pirelli tires. – 1951 Turin Auto Show car, one of three bodied in this style. Stored many years and recently restored in original colors and materials by Terry Scarborough Racing, color changed since to the present dark blue. Original engine, body, gearbox, rear axle. Restored five years ago to very high standards and better than new. Multiple concours awards including Platinum at Cavallino in 2009. Lightly swirled paint, good chrome and interior. – Sold by RM at Monterey in 2007 as an incomplete restoration for $429,000, then by Gooding at Pebble Beach in 2011 freshly restored for $990,000. It has no special history other than its Turin show appearance and its survival, largely complete and quietly preserved in a Massachusetts garage until 2006. That said, however, it is a ticket to some great events and that alone is worth somewhat more than the reported high bid.Lot # 1396.1 1992 Ferrari 512 TR Coupe; S/N ZFFLG40A0N0092146; Yellow/Black leather; Unrestored original, 2 condition; No Reserve; Hammered Sold at $325,000 plus commission of 10.00%; Final Price $357,500 – Air conditioning, alloy wheels, Pirelli PZero tires. – 908 miles. Engine out serviced last May. Tires look new. – Put-away-when-new TRs are becoming a regular in the auction market and there were two of them in the Monterey auctions of which this was the more original and lower mileage. It also brought a price $100K more than that of its higher mileage 512 TR counterpart at RM. This one was offered at Mecum’s Monterey auction last August with a reported high bid of $440,000. The consignor must be looking longingly back on the missed opportunity.
Lot # 4 1980 Ferrari 308 GTSi Spider, Body by Scaglietti; S/N ZFFAA02A0A0032621; Engine # F106B04000351; Oro Chiaro, Black vinyl roof panel/Brown leather; Estimate $90,000 – $110,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500 – Air conditioning, power windows, Alpine CD stereo. – Decent clearcoat repaint, chip guarded sills, good original upholstery, Clean repainted underbody. A usable driver in attractive and unusual Eighties’ colors. – Absurdly generously estimated but it seems to have achieved its optimistic end by encouraging the bidders to take it to this strong price for a mediocre car.Lot # 17 1972 Ferrari 246 GT Dino Coupe, Body by Scaglietti; S/N 03314; Rosso Chiaro/Blue leather, Black bars; Estimate $350,000 – $400,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $306,364 plus commission of 10.00%; Final Price $337,000 – Power windows, headrest seats. – Very good paint, chrome and interior. Clear, unmarked glass, new door seals, flush panel fits, even gaps. Sharp, clean engine compartment in showroom condition. Color changed during restoration from possibly unique Azzurro Dino/Black leather. – Offered by RM Auctions at Monterey in 1999 with a reported high bid of $70,000 and condition described as unrestored original and so well preserved it rated a nearly-showroom condition 2-. Since then its odometer has added 349 miles but the cost escalated substantially by the pile of restoration and color change receipts totaling $125,000. It is a sound value at the price it brought here but with originality so highly prized these days it could reasonably have brought all of this and more without spending more than a few thousand dollars on meticulous detailing and mechanical freshening.Lot # 20 1984 Ferrari 308 GTB QV Coupe, Body by Scaglietti; S/N 49461; Engine # 00059; Red/Tan leather; Estimate $100,000 – $140,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000 – Air conditioning, power windows, no stereo, chrome shift knob. – Good paint, lightly scuffed driver’s seat bolster otherwise very good upholstery. Cosmetically redone with new paint and interior a few years ago and appropriately maintained since. – Bought for a representative price.Lot # 23 1989 Ferrari Testarossa Coupe; S/N ZFFSA17S000083189; Engine # A04019854; Red/Tan leather; Estimate $90,000 – $130,000; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $118,000 plus commission of 10.00%; Final Price $129,800 – Air conditioning, Momo steering wheel. – Decent repaint with some masking flaws and original interior. Underbody repainted over old undercoat. Falling headliner. Timing belt service two months ago. 42,109 km from new. – A good, sound example bought enthusiastically but in view of recent Testarossa transactions somewhat realistically for a car with known ownership history, consistent maintenance and modest mileage, most of it in Switzerland prior to 2006.
Ferraris Sold at Auction in 2016 – Page Three
Lot # 26 1978 Ferrari 512 BB Coupe, Body by Scaglietti; S/N 24445; Engine # 00274; Red/Black leather; Estimate $275,000 – $325,000; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $230,000 plus commission of 10.00%; Final Price $253,000 – Air conditioning, power windows, Alpine CD changer, Momo steering wheel. – Thick repaint over old paint, lifting in creases and erratically masked. Overspray on old undercoat in the wheelwells. Driver’s seat bolster welting scuffed through. Just a car, quickly dressed up for the auction. Stolen years ago in Europe, recovered in California in the mid-80’s with the engine and transaxle from another BB (s/n 24317.) – Offered at the Keno brothers auction in New York in November where it got a reported high bid of $240,000. I apparently liked it better in the Kenos’ New York style setting, but not so much here in the bright Arizona sunshine, and think it brought a healthy price for an engine-changed BB.Lot # 35 1968 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina; S/N 11781; Engine # 11781; Red/Black leather; Estimate $275,000 – $325,000; Visually maintained, largely original, 3 condition; With Reserve; Not sold at Hammer bid of $215,000 – Sony CD changer, power windows, chrome spoke Borrani wire wheels, Michelin XWX tires, air conditioning. – Repainted assembled a while ago and erratically masked in the process. Good chrome and interior. Original undercoat in the wheelwells. Panels fit flush with even gaps. – Color changed from its original Marrone Colorado over Beige to ubiquitous but generic ‘red’, the presentation of this 365 GT 2+2 is nothing special and the bid it brought could be considered to be sufficient.Lot # 44 1956 Ferrari 250 GT Coupe Alloy, Body by Boano; S/N 0609GT; Engine # 0609GT; Ivory, Burgundy roof/Burgundy leather; Estimate $1,500,000 – $1,800,000; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $1,300,000 – Chrome spoke Borrani wire wheels, Pirelli tires, Marchal head and fog lights. – Formerly in the Hans Thulin ‘Consolidator’ collection that folded in the late 80’s. Mechanically restored in 2013, followed by fresh cosmetics by the next owner completed early in 2014. Excellent paint, chrome and interior. Excellent panel fits with flush fits and tight, even gaps. Underbody is like new with only a little evidence of serious use. – Sold by Christie’s in Monaco in 1989 for $504,702 before the bottom fell out, a bundle has been spent recently to bring it back to pristine mechanical and cosmetic condition and the consignor’s decision not to accept the reported high bid is understandable.Lot # 62 1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 14219; Engine # B942; Red/Beige leather, black bars; Estimate $1,000,000 – $1,200,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $1,050,000 plus commission of 10.00%; Final Price $1,155,000 – Chrome spoke Borranis, Michelin X tires, Blaupunkt 8-track stereo, power windows, air conditioning, ANSA exhaust, U.S. version with popup lights and red painted nose panel. – Excellent paint, chrome, interior and everything else. 8,029 miles from new. Despite being restored almost ten years ago it appears freshly restored to better than showroom cosmetics. Neat, sharp engine compartment. Represented as Ferrari Classiche inspected with certification in process. – This Daytona was sold by RM in Monterey in 1998 in nearly pristine original condition: ‘One owner car bought by Don Marsh from Chinetti. 6,532 miles and completely original except for fresh tires. Silver nose panel, alloy wheels, Voxson AM-FM. Good paint and interior but some little surface rust bubbles in the right headlight cover.’ A fortune has now been expended on its 2006-07 restoration, rendering its preservation 18 years ago moot. The current result is what it’s worth in its present better-than-new condition, but brought to today’s preservation-obsessed market as it was in 1998 its value could have been much more. A botched opportunity to preserve rather than re-create history.Lot # 100 1972 Ferrari 246 GT Dino , Body by Scaglietti; S/N 03152; Grigio Ferro Metallizzato/Black leather, Red bars; Estimate $325,000 – $375,000; Visually maintained, largely original, 3+ condition; With Reserve; Not sold at Hammer bid of $285,000 – Cromodora alloy wheels, Michelin Defender tires, power windows. – Good clearcoat repaint and new Daytona style upholstery, otherwise original, clean and orderly. The Iron Grey paint brings out the Dino’s lines and is distinctive in the usual sea of red Dinos. – This car is not as good as the owner thought and the bidders had a more realistic idea of its value.Lot # 105 1987 Ferrari 328 GTS Spider, Body by Scaglietti; S/N ZFFXA20A4H0069769; Red/Tan leather; Estimate $85,000 – $110,000; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $58,000 plus commission of 10.00%; Final Price $63,800 – Factory alloy wheels, Bridgestone tires, power windows, air conditioning, Sony cassette, stick on SF shields, Momo leather rim steering wheel. – 25,802 miles from new. Repainted assembled with mediocre masking and touched up black trim. Surface cracked, musty smelling original upholstery. Used original underbody. The catalog says it has ‘led a cosseted existence’ but really it’s more like ‘neglected.’ A mediocre driver. – Offered by Bonhams at the Simeone Museum in October and still in need of at least some Febreeze in the upholstery and interior trim to counteract the smell of mold and mildew. Its price is in line with the other V-8 Ferraris at Bonhams Scottsdale and is appropriate to its history and condition.
Lot # 110 1991 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSM17A3M0087482; Engine # 25696; Silver/Red leather, Black bars; Estimate $200,000 – $250,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 Air conditioning, power windows, custom seats with black Daytona-style bars. – Very good original paint and interior. Owned and unregistered until 2012 by Luigi Della Grotta, Ferrari distributor in Canada, now with a second owner with 4,898 km from new. Major service including timing belts in March 2015. – This is the second time in three months that RM has brought a pristine, low mileage Testarossa out of Canada. The other one brought twice as much but had 1/10th the km. Either way, this is a good value in an unmolested Testarossa with enough kilometers so that adding a few more won’t seriously affect the value.Lot # 120 1971 Ferrari 365 GTC/4 Coupe, Body by Pininfarina; S/N 14891; Engine # 00112; Ice Blue/Blue leather; Estimate $350,000 – $400,000; Visually maintained, largely original, 3+ condition; With Reserve; Not sold at Hammer bid of $300,000. – 5-Speed, Pioneer CD stereo, power windows. – Flat, flush fitting panels, even gaps, good repaint, interior and chrome. Old undercoat in wheelwells. A soundly presented and consistently maintained C/4. – Offered by RM in Ft. Lauderdale in 2011 and now showing 231 more miles on the odometer, its high bid then was $80,000. Since then it’s been repainted and very tastefully reupholstered and the C/4 market has taken off. The reported high bid here is on the chintzy side of reasonable and the seller understandably decided to wait for a better offer.Lot # 127 1970 Ferrari 246 GT Dino ‘L-Series’ Coupe; S/N 01040; Engine # 0005882; Yellow/Black leatherette; Estimate $375,000 – $425,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $360,000 plus commission of 10.00%; Final Price $396,000. – Cromodora wheels, Michelin X tires. – Excellent paint, chrome and interior. Beautiful engine compartment in fresh, showroom condition. Underbody and chassis done like new. Fresh, sharp and very attractive. – Sold by RM in Paris a year ago for nearly the identical price in dollars, $396,433, Euros 347,200 at the time but Euros 365,600 today so a seller counting coup in Euros comes off moderately well.Lot # 167 1965 Ferrari 330 GT 2+2 Coupe, Body by Pininfarina; S/N 7515; Engine # 7515; Rosso Corsa/Red leather; Estimate $350,000 – $450,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $310,000. – Ansa exhaust, Borrani wire wheels, Pirelli tires, power windows, Blaupunkt radio, woodrim steering wheel. – Three tiny chips on the nose, otherwise good older repaint. Excellent chrome. Lightly scratched up door handles. Driver’s door is not flush with the body. Very good, mostly original interior. Very clean and restored underneath thanks to a mechanical restoration last year. The four-seat, four headlight version of the 330 is among the least coveted Enzo-era V-12s, but that makes it a decent value in today’s market and this is a solid usable example that needs nothing even if it isn’t exactly a show car. – This is a good, sound and apparently consistently looked after and maintained 330 GT, but the reported high bid is fully appropriate to the model and this example’s condition.
Ferraris Sold at Auction in 2016 – Page Four
Lot # 214 1974 Ferrari 246 GTS Dino Spider, Body by Scaglietti; S/N 08454; Engine # 12048; Verde Medio Nijinsky, Black roof panel/Tan leather, Black bars; Estimate $425,000 – $500,000; Cosmetic restoration, 2- condition; With Reserve; Hammered Sold at $360,000 plus commission of 10.00%; Final Price $396,000. – Ansa exhaust, Campagnolo wheels, Michelin XWX tires, leather-wrapped Momo steering wheel, power windows, Borletti air conditioning, Daytona seats. – First owned by socialite Sandra West who later was interred in her 330 America. Light scratches on the rear bumper. Excellent paint that would be flawless but for an unfortunate deep scratch on the left rear fender. Like new interior other than some dull switchgear, particularly on the radio. Driver’s door doesn’t close flush with the body. Purchased new by a Hollywood socialite and had several owners and paint jobs before being cosmetically restored to its original Verde Medio Nijinsky, reportedly one of only three Dinos so finished. Some colors are rare for a reason in that they just don’t look good or just don’t fit a particular car that well. This is a different story, though, because this shade of green really accentuates the Dino’s already eye-catching curves in addition to being a refreshing break from red and yellow. It’s almost sharp enough to make you overlook this car’s handful of shortcomings. – All can probably agree that it is better the deceased Sandra West was buried in a 330 America than in this Dino. With such a sharp, rare color and as one of the very last 246 GTS Dinos built, this car could have brought considerably more money, but there was no shortage of Dinos in Scottsdale this year and it is notable that this colorful Dino brought the highest price in the Valley of the Sun along with RM’s L-Series s/n 01040 and reflects the current Dino market.Lot # 220 1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 14819; Engine # B1456; Fly Yellow/Nero leather; Estimate $700,000 – $800,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $625,000 plus commission of 10.00%; Final Price $687,500. – A sexy sextet of dual choke Webers, Ansa exhaust, Borrani wire wheels, Michelin XWX tires, leather-wrapped steering wheel, Becker Mexico stereo, Borletti air conditioning, power windows. – Cleaned up, largely original engine bay. Long crack above the left headlight and another at the bottom of the hood as well as one more on the right side of the nose. Fair share of road dirt underneath. Small chip at the back of the passenger door. Rear prancing horse badge is quite dull. Light but numerous dings on all four wheels. Lightly scratched glass on the passenger side. Slightly dirty carpets. Lightly worn seats. The shifter gate is also really scratched up. Dull switchgear. Worn original luggage straps. Documented ownership history and recent Ferrari Classiche certification. Refurbished in 2001, including a repaint in the original color. Mechanically sorted again more recently. Never fully restored but given serious attention periodically, it’s a car that’s been kept up with but cosmetically it’s a driver. – Sold by Barrett-Jackson in 2003 for $145,800, then sold by Gooding & Company in Scottsdale in 2010 for $291,500. Sold again at the RM Don Davis collection sale in 2013 for $407,000 and shows just over a thousand miles on the odometer since then. Not the best Daytona out there, but one that can be driven without undue concern for stone chips or bug splatter and one that brought a representative price for its condition.Lot # 227 1953 Ferrari 212 Inter Coupe, Body by Vignale; S/N 0285 EU; Engine # 0285EU; Red, Black roof/Tan leather, Black piping; Estimate $1,800,000 – $2,200,000; Visually maintained, largely original, 3- condition; With Reserve; Hammered Sold at $1,000,000 plus commission of 10.00%; Final Price $1,100,000. – 2,563/170hp, three Webers, 5-speed, chrome spoke Borrani wire wheels. – Possibly Chinetti’s 1953 New York Auto Show display car This car has loads of patina; the seat leather is heavily worn but intact and the paint has heavy polish marks and a few chips, but overall attractive appearance given its age. The chrome has been heavily polished as well and the underside is worn but overall the car looks fabulous in its largely original state and ready to drive. – Offered by Bonhams at Quail Lodge in 2011 where it failed to sell on a reported high bid of $920,000 and had an estimate range of $1.1-1.4 million. The estimate went way up after 5 1/2 years, but the bid, this time successful, went practically nowhere. For its originality, Vignale design and sheer joy of enjoying a classic Ferrari V12 this is a very good value. Its new owner displayed astute judgment and got a trophy car. (photo: RM Sotheby’s)Lot # 232 1965 Ferrari 275 GTS Spider, Body by Pininfarina; S/N 07935; Engine # 7935; Argento/Red leather; Black top; Estimate $1,600,000 – $2,000,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $1,600,000 plus commission of 10.00%; Final Price $1,760,000. – Ansa exhaust, Borrani wire wheels, Michelin XWX tires, black vinyl boot cover, wood dash, woodrim steering wheel, dash clock. – Numerous small chips in the nose. Otherwise excellent paint. Excellent chrome. Very good, lightly worn interior. Older looking tires. Tidy, detailed engine bay. Some undercoat is flaking off the chassis. An older restoration that has held up well but is no longer fresh. – A handsome 275 GTS with a history of consistent care and attention that should provide a satisfying ownership experience, bought at a price appropriate to its history and condition.Lot # 244 1968 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina; S/N 11853; Engine # 11853GT; Fly Yellow/Black leather; Estimate $300,000 – $375,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $240,000. – Triple Webers, Ansa exhaust, Borrani wire wheels, Michelin XWX tires, power windows, woodrim steering wheel, later Blaupunkt cassette stereo, wood dash. – Tidy but used engine bay with a little road dirt and grime. Good older paint with a drip on the right drip rail but otherwise no big flaws. Lightly scratched window frames. Restored but used underbody. Lightly pitted door handles. Very good bumper chrome. Dash wood is a bit wavy. Original gauges. Lightly worn original switchgear. California black plate. Showing 93,542 miles. A straightforward older full restoration of an Italian market car that’s been enjoyed and not overly pampered. A driver. – Sold here in 2013 for $148,500 in essentially the same condition as it was offered today. The 2013 result was an epic price for a Queen Mother but three years later the bidders weren’t much moved by it.Lot # 262 1984 Ferrari 512 BBi Berlinetta, Body by Pininfarina; S/N ZFFJA09B000047859; Rosso Corsa/Tan leather; Estimate $325,000 – $400,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $250,000 plus commission of 10.00%; Final Price $275,000. – Bosch K-Jetronic fuel injection, centerlock alloy wheels, Michelin TRX tires, power windows, Pioneer 8-track stereo. – 17,552 miles from new. Mostly original paint except replacement Euro-style bumpers and Rosso Corsa body sills and spoiler. Paint is very good with no real flaws other than a sizable chip at the bottom of the right headlight door. Very lightly worn seats and tired-looking parking brake boot. Straight and clean underneath. This is your quintessential babied Ferrari. Driven little but regularly enough and always pampered in between trips. A car like this is the kind to buy, and its 17,552 miles make it more usable than a mothballed one with 1,700. – It is an especially astute buy when it goes to a new home at a price like this. Not a bargain, but a very sound value for a quality car.
Lot # 19 1985 Ferrari 288 GTO Coupe, Body by Scaglietti; S/N ZFFPA16B00005569; Red/Black leather; Estimate $2,000,000 – $2,400,000; Unrestored original, 2- condition; With Reserve; Not sold at Hammer bid of $1,750,000 – CD stereo, power windows, modular wheels, Toyo tires, SF shields, fitted luggage, tools, books. – Very good original paint and interior. Owned for years by FCA judge Stephen Hill, meticulously maintained while still being used and enjoyed. Belt serviced in 2013. Comes with many spare parts and original items like Goodyear Gatorback tires and oil filters. Ferrari Classiche certified. – This is an exceptional 288 GTO, a model that has finally found its following but is forever burdened by looking like a 308 GTB on steroids. The reported high bid was not unrealistic, but neither was the consignor’s decision to hang onto this zealously maintained example in search of a more appreciative audience. (photo: Gooding & Co.)Lot # 32 1989 Ferrari 328 GTB Coupe, Body by Pininfarina; S/N ZFFCA19S000080998; Red/Black leather; Estimate $140,000 – $180,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – Air conditioning, power windows, no radio. – Very good original paint and interior. An exceptionally clean used car recently imported from Sweden and showing a believable 23,287 km. – This is a generous result for a $75K car, even taking its originality into account.Lot # 33 1950 Ferrari 166 MM Berlinetta Le Mans, Body by Touring; S/N 0060M; Engine # 0060M; Blue/Black leather; Estimate $5,750,000 – $6,500,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $5,900,000 plus commission of 10.00%; Final Price $6,490,000 – RHD. Silver painted wire wheels, Dunlop Racing tires, Marchal head and fog lights. – Raced by Cornacchia and Serafini when new, then exported to Chinetti in New York after it was shown at the 1950 Paris Salon. Bought by Briggs Cunningham for whom it was upgraded to 195S specs, then entered in Sebring driven by Chinetti and finishing 7th overall and first in class. Later raced at Buenos Aires finishing 7th driven by Jim Kimberly, Bridgehampton (Phil Walters 2nd) and Watkins Glen (John Fitch 2nd.) Later owned by Henry N. Manney III, with a long, active career following until it was restored in 2001, taking second in class at Pebble Beach. Excellent paint, interior and bright trim. Freshly done to better than showroom condition without going too far. Represented as the original engine, chassis, gearbox and rear axle. – This important and beautiful 195-spec 166 MM has a significant race history in the hands of recognized hero-level drivers. It is beautifully and sympathetically restored by a recognized expert and is little exposed to the public since Pebble Beach 2001. Among the 87 Ferraris offered in Scottsdale it is, by more than a factor of two, the most expensive. The runner-up is, however, a 330 GTC and this MM is more than twice the car in any number of ways. While the price is appropriate in today’s Ferrari market, the new owner has gotten very good value for the money.Lot # 41 1960 Ferrari 250 GT Cabriolet SII, Body by Pinin Farina; S/N 1967GT; Engine # 1967GT; Ice Blue, Ice Blue hardtop/Tan leather; Dark Blue cloth top; Estimate $1,800,000 – $2,200,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $1,550,000 – Chrome spoke wire wheels, Michelin X tires, two tops, Marchal head and fog lights. 398F engine internal number and represented as the original engine. – Very good paint, chrome and interior. Underbody done a while ago and shows age and use. Orderly and attractive underhood without being overdone. – Traded around in the late 90’s, selling for $137,500 at the Rick Cole/RM Monterey auction in 1997, then at the Kruse Scottsdale auction in January 1998 for $110,250 and a week later at Barrett-Jackson for $143,325.
Ferraris Sold at Auction in 2016 – Page Five
Lot # 49 1966 Ferrari 275 GTB Long Nose Coupe, Body by Scaglietti; S/N 08869; Engine # 08869; Red/Black leather; Estimate $2,600,000 – $3,000,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $2,100,000– Chrome spoke Borranis, Michelin XWX tires. – Excellent paint and chrome. Lightly surface creased upholstery. Undercoated wheelwells and chassis showing some age and use. Modified for historic competition by Marc Mastoon in the 80’s with a short nose, then returned to its original long nose in the late 90’s. – The estimate range is not unrealistic for this 275 GTB, even with its [honestly explained] history of modifications and return to original appearance. It is a surprise it wasn’t bid higher.Lot # 112 1976 Ferrari 308 GTB Coupe (fiberglass), Body by Scaglietti; S/N 19681; Red/Tan, Black stripes; Estimate $300,000 – $350,000; Cosmetic restoration, 2- condition; With Reserve; Hammered Sold at $325,000 plus commission of 10.00%; Final Price $357,500 – Borletti air conditioning, Phillips cassette stereo. Ferrari Classiche certified. – Restored in Italy in 2014, sound repaint and lightly stretched upholstery. Repainted window frame trim. Old undercoat in the wheelwells starting to chip and peel. Clean orderly engine and compartment. Cosmetically restored to attractive standards. – The reasoning behind the price paid for this fiberglass 308 GTB is, apparently, that steel 308 GTBs are bringing $100,000 and vetroresina 308 GTBs are three times the value of a steel one. For that to compute, however, the concept of a $100K 308 GTB has to be accepted as, in this case, it seems to have been.Lot # 120 1990 Ferrari F40 Coupe; S/N ZFFMN34A2L0086554; Red/Red cloth; Estimate $1,300,000 – $1,600,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $1,395,000 plus commission of 10.00%; Final Price $1,534,500 – Air conditioning, fitted luggage. Assembly number 03459, U.S. specification, Ferrari Classiche certified. – 3,737 miles from new. Driver’s seat covering lightly stretched and frayed around the seat belt pocket. Engine shows some age but little use. Nearly like new in all respects. Tony Shooshani collection. – Growing in value relentlessly, as this result shows, along with other late model supercars. It almost seems that the younger the car the stronger its price.Lot # 121 1984 Ferrari 512 BBi Coupe; S/N ZFFJA098000051725; Metallic Grey, Black sills/Burgundy leather, Black piping; Estimate $400,000 – $475,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $400,000 plus commission of 10.00%; Final Price $440,000 – Air conditioning, Pioneer cassette stereo, equalizer, centerlock alloy wheels, Michelin TRX tires, tinted windows. – Good clearcoat repaint, well masked. Very good interior, dash and gauges. Odd lilac anodized grilles on the rear deck. Clean underbody. Manual and glove box signed by the first owner, AJ Foyt, who couldn’t find the door release the first time he drove it and had to squeeze out the window. Tony Shooshani collection. – The combination of excellent condition, moderate miles, desirable colors and racing celebrity ownership make this an especially desirable 512 BBi and more than support the price that it brought, particularly when much more common Testarossas are being offered for more than half as much.Lot # 122 2003 Ferrari Enzo Coupe; S/N ZFFCW56AX30132049; Red/Red leather; Estimate $2,400,000 – $2,800,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $2,600,000 plus commission of 10.00%; Final Price $2,860,000 – U.S. spec. Ferrari Classiche certified – Chipguarded nose, fogged headlight covers, otherwise like new with 2,700 miles. Tony Shooshani collection. – The F40-F50-Enzo market is one of the strongest current segments, with prices seemingly going up regularly, if not in the speculative tornado of late 80’s Ferrari prices. Enzos have been boosted by last August’s sale of the Papal Enzo for a staggering $6,050,000 which has become a halo value protecting ever more exuberant prices for cars not touched by a successor to St. Peter.Lot # 123 1988 Ferrari 328 GTS Spider; S/N ZFFXA20A1J0074921; Red, Black roof panel/Ivory leather; Estimate $125,000 – $150,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – Air conditioning, Alpine CD stereo, U.S. specs. – 14,997 miles, original and in showroom condition except for a dusty underbody and slight wear on the driver’s seatback. Tony Shooshani collection. – A particularly reassuring and satisfying 328 GTS with low miles, attributes which encouraged the Fashion Square bidders to pay all the money and then some for it although still less than Gooding got earlier this week for a 328 GTB.Lot # 124 1960 Ferrari 250 GT Cabriolet SII, Body by Pinin Farina; S/N 1939GT; Engine # 1939GT; Dark Blue, Dark Blue hardtop/Cream leather; Black cloth top; Estimate $2,000,000 – $2,300,000; Recent restoration, 2- condition; With Reserve; Not sold at Hammer bid of $1,650,000 – Chrome spoke Borrani wire wheels, Michelin X tires, two tops, heater, no radio, Marchal head and fog lights. Internal engine number 328F. – Very good, paint, chrome, interior and glass. Fresh, spotless engine compartment.Hood doesn’t close flush and doors could have been blocked flatter. Evidence of use is confined to the wheelwells and inside some of the bracketry that is hard to reach. Tony Shooshani collection. – Sold by RM in Monterey in 2013 for $1,292,500 in essentially the same condition as it was offered here having added only 105 km to its odometer since then. The beginning of 2016 is probably not an auspicious time to be holding out for the last Hundred Large or so. The reported bid is in line with the two other Series II Cabs offered in Scottsdale and it could have sold with little if any second thoughts by the seller.Lot # 125 1969 Ferrari 206 GT Dino Coupe, Body by Scaglietti; S/N 00378; Red/Black vinyl, cloth; Estimate $700,000 – $800,000; Visually maintained, largely original, 3 condition; With Reserve; Not sold at Hammer bid of $600,000 – Grey painted Cromodora centerlock alloy wheels, Michelin tires. – Decent older repaint and chrome. Aged, musty smelling original interior. Aged engine and underbody. A tired and neglected but pretty car that makes a good first impression. Tony Shooshani collection. – Sold by Gooding at Amelia Island in March 2014 for $638,000, a price that was eye-opening at the time and hard to replicate just two years later. Waiting for the market to catch up is hazardous, especially as the values of more mundane 246 GT Dinos are no longer striding upwards in giant leaps.Lot # 126 1995 Ferrari F50 Barchetta, Body by Pininfarina; S/N ZFFTA46B000099999; Red/Black leather, Red cloth; Estimate $2,500,000 – $2,900,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $2,181,818 plus commission of 10.00%; Final Price $2,400,000 – The 1995 Geneva Show car introducing the F50, previously possibly used by Ferrari in development, Ferrari Classiche certified and the last 5-digit Ferrari built – Extensively shown by Ferrari after Geneva including the 1995 Tokyo Motor Show. First owned by Jacques Swaters’s Garage Francorchamps. U.S. federalized for David Walters in 2007. Worn and lightly soiled driver’s seat. Good original paint. Dusty engine. Tony Shooshani collection. – The history of the F50’s market in one car: sold by RM in Arizona in 2011 for $742,500, then by RM in Monterey in 2013 for $1,677,500 and a post-block sale here at $2.4 million all-in. One wonders when the wave might develop a curl but until then this is an appropriate F50 price.Lot # 127 1964 Ferrari 250 GT/L Lusso Coupe, Body by Scaglietti; S/N 5537GT; Dark Metallic Blue/Tan leather; Estimate $2,200,000 – $2,500,000; Recent restoration, 2- condition; With Reserve; Not sold at Hammer bid of $1,850,000 – Chrome spoke Borrani wire wheels, Marchal head and fog lights. – Very good paint, chrome, interior and glass. Restored to nearly showroom condition with a few details like painting over old, chipped paint on the firewall and footwell overlooked. Tony Shooshani collection. – Sold by RM in Monterey in 2013 for $1,386,000 and worth more today in a Ferrari market that seriously covets the beautiful and comfortable Lusso.
Ferraris Sold at Auction in 2016 – Page Six
Lot # 135 1966 Ferrari 330 GT SII Coupe 2+2, Body by Pininfarina; S/N 8325; Engine # 8325; Dark Blue/Light Grey leather; Estimate $375,000 – $425,000; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $265,000 plus commission of 10.00%; Final Price $291,500 – Chrome spoke Borranis, Pirelli Cinturato tires, Becker Europa II AM-FM, power windows. – Sound older repaint, chrome and replaced interior. Oily dusty engine compartment, unrestored grimy chassis and underbody. A used driver quality 330. – Sold at Barrett-Jackson in 2001 for $53,460 in condition not appreciably different from the way it was offered here. If anyone had told me a 330 GT 2+2 would bring over a quarter million dollars fifteen years ago I’d have called them crazy, and they may be. Today this is a rather modest price for one, appropriate to its erratic, superficial and aged condition.Lot # 139 1975 Ferrari 365 GT4 BB Coupe, Body by Scaglietti; S/N 18419; Red, Black sills/Tan leather Black bars; Estimate $500,000 – $600,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $450,000 plus commission of 10.00%; Final Price $495,000 – Centerlock-alloy wheels, Michelin XWX tires, 8-track stereo, Borletti air conditioning, power windows. – Sound old repaint. Window frames repainted but runs over to the rubber window seals. Clean original undercoat in the wheelwells. Worn, stretched original upholstery, good newer carpets. – This 365 GT4 BB sold for $220,000 at RM’s Amelia Island auction in 2011 and the odometer has added only 269 more miles since then. It was expensive for its condition at the time but at a little over twice as much five years later it still represents a substantial Ferrari performance value despite the poorly detailed paint and aged upholstery. Seek thy good values where they can be found, which isn’t often among 12-cylinder Ferraris.Lot # 145 1967 Ferrari 330 GTC Coupe Speciale, Body by Pininfarina; S/N 10107; Engine # 10107; Black/Black leather; Estimate $3,400,000 – $4,000,000; Older restoration, 3+ condition; With Reserve; Hammered Sold at $3,100,000 plus commission of 10.00%; Final Price $3,410,000 – Chrome spoke Borranis, Michelin XWX tires, Becker cassette stereo. – One of four 330 GTCs bodied by Pininfarina in similar Speciale coachwork with covered headlights, clean front fender flanks and concave rear window. First owned by Maria Maddalena Da Lisca, wife of pasta magnate Pietro Barilla. Restored for Paul Forbes in the late 80’s. Sound but scratched old paint cracked behind the left rear and right front wheels. Orderly but aged underbody and chassis. Clean, very orderly engine compartment. A very well restored and maintained older restoration but definitely showing its age. – Sold by Sotheby’s at Zurich in 1993, probably to the present owner, for $157,049 and tucked away largely out of sight since then. The result here is roughly five times the value of a ‘standard’ 330 GTC in comparable condition but it also is many times more exclusive and rare. The result here may not adequately account for the aged restoration and failing paint, but the Ferrari is still more than good enough to be driven and shown as it is. A nearly singular object of special beauty, it is impossible to argue with the bidders’ determination of its value.Lot # 151 1972 Ferrari 365 GTC/4 Coupe, Body by Pininfarina; S/N 15365; Engine # C722; Dark Red/Tan leather; Estimate $350,000 – $400,000; Visually maintained, largely original, 3+ condition; With Reserve; Not sold at Hammer bid of $265,000 – 5-speed, power windows, air conditioning, Becker Mexico cassette stereo, chrome spoke Borrani wire wheels, Avon tires. – Good clearcoat repaint, chrome and creased, surface cracked original interior. Orange peely door window frames. Old, peeling undercoating in the wheelwells. The engine compartment has had some attention to the top but little or none to the bottom. A decent cosmetic redo to driver condition. – C/4s used to be given a ‘lick and a promise’ to dress them up for auction, but that was when they were underappreciated $100,000 Ferraris. Now that they’re a third of a million (or more) and getting mega-bucks restorations bidders expect more. In that regard this C/4 disappointed and goes a long way to explaining why it fell short of its optimistic consignor’s expectations. The bid is more appropriate to its condition than the estimate range.Lot # 153 2004 Ferrari 360 Challenge Stradale Coupe; S/N ZFFDU57A340139046; Black, White stripe/Red Alcantara; Estimate $275,000 – $325,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $265,000 plus commission of 10.00%; Final Price $291,500 – Yellow calipers, SF shields, CD stereo, carbon brakes, 19-inch Challenge wheels, luggage. – Good original paint and interior. Clean engine compartment showing little evidence of use, stated to be under 3,100 miles from new. – Desirable, low mileage, carefully preserved but for all of that an expensive indulgence.
Lot # 123 1967 Ferrari 275 GTB/4 Coupe, Body by Scaglietti; S/N 10325; Engine # 10325; Silver/Black leather; Estimate $2,700,000 – $3,200,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $2,500,000 plus commission of 10.00%; Final Price $2,750,000 – Chrome spoke Borrani wire wheels, Michelin X tires, power windows, Motorola pushbutton radio. – Very good fresh clearcoat repaint and new seat coverings. The rest is in good, sound older restored condition that shows no shortage of miles since it was done. Owned by the late Wade Carter since 1971, kept up but never restored. – Somewhat suprisingly this is the only 275 GTB in the Amelia Island auctions. Its combination of uniqueness among the Amelia auction offerings. its long single owner history and orderly originality should have gotten buyers’ juices flowing, but they didn’t and it is a remarkably reasonably priced transaction.Lot # 130 1986 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSA17A8G0065247; Silver/Beige leather; Estimate $180,000 – $240,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 – R134 air conditioning, Schedoni luggage (that doesn’t match the upholstery), 5-spoke alloy wheels with BFG blackwall tires, single driver’s side mirror, books, keys, tools. – Good original paint. Lightly stretched seats with scuffed driver’s bolster. Clean original underbody. Thoroughly documented and not riding on TRX tires. – There were four Testarossas in the Amelia auctions and this one brought a representative price but one with little premium for its originality and extensive service history. In the runup of Testarossa prices this is a quality car bought relatively reasonably.Lot # 137 1978 Ferrari 308 GTB Coupe, Body by Scaglietti; S/N 24721; Black/Black leather; Estimate $100,000 – $130,000; Visually maintained, largely original, 3 condition; With Reserve; Not sold at Hammer bid of $82,500 – Blaupunkt CD stereo, air conditioning, 5-spoke alloy wheels, Doral blackwall radial tires, owner’s manual, tools. – Erratically masked repaint, good new upholstery. Weakly and variably finished window frame trim. Road grimy chassis. A tired old car dressed up for the auction. – Offered at Mecum’s Monterey auction in August with a reported high bid of $105,000, this 308 GTB is unusual in its black-over-black livery, but isn’t in very good condtion and isn’t backed up by any maintenance history. The much lower bid here is indicative of a more experienced group of bidders. The consignor would be well advised to hear their opinion and be guided accordingly in adjusting expectations.Lot # 143 1984 Ferrari 512 BBi Berlinetta, Body by Pininfarina; S/N ZFFJA09B000052631; Rosso Corsa/Beige leather with Red inserts; Estimate $375,000 – $450,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $320,000 – Centerlock wheels, Momo leather-wrapped steering wheel, air conditioning, power windows, Pioneer cassette stereo, Michelin TRX tires – Long paint crack on the roof spoiler. Good, lightly swirled original paint. Very good, lightly worn interior. Final year for the 512 BBi. Major engine-out service in 2015. Very well preserved and all original. – The originality and recent service are valuable, but no more valuable than the high bid reported here contemplates. It would not have been unrealistic for it to have sold at this level.
Lot # 05 1976 Ferrari 308 GTB Vetroresina Coupe, Body by Scaglietti; S/N 19145; Rosso Corsa/Black leather; Estimate $275,000 – $325,000; Visually maintained, largely original, 2- condition; With Reserve; Hammered Sold at $215,000 plus commission of 10.00%; Final Price $236,500 – Fiberglass body, quadruple Webers, dry sump, Campagnolo wheels, Michelin XWX tires, power windows, Borletti air conditioning, cassette stereo, Grey market import approvals, owner’s manual, tool roll. – Represented with original paint and interior. Very good paint and bumper plastic. Dull, foggy wheel caps. Fairly worn but good upholstery. Sold new in Italy before making its way to Florida, where it was fitted with a US speedometer/odometer, which now shows 45,701 miles. Serviced extensively last year. – This is no ordinary 308, as this transaction shows. The early carbureted, dry sump lubricated fiberglass cars command a significant premium, and this one’s impressive level of preservation in addition to the concentration of wealth in the room explain the big result, one that’s expensive but not excessive.
Ferraris Sold at Auction in 2016 – Page Seven
Lot # 12 1984 Ferrari 512 BBi Berlinetta, Body by Pininfarina; S/N ZFFJA09B000047867; Rosso Corsa/Beige leather; Estimate $300,000 – $350,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $270,000 plus commission of 10.00%; Final Price $297,000 – Centerlock wheels, Michelin X tires, power windows, air conditioning, Momo steering wheel, Pioneer cassette stereo, Grey market approvals, complete tool roll, manuals, original stereo. – Recent engine-out service on belts, valve adjustment, clutch, hoses and cooling system. Tiny, tiny chip on the nose. Signs of light use and dirt underneath. Very good original paint. Very lightly worn interior. Bought new in Los Angeles by actress Kirstie Alley for husband Parker Stevenson. A babied Ferrari with no stories and 9,057 miles. The kind of car to buy. – Berlinetta Boxers have been consistently cutting new records and it is therefore surprising that this low miles, documented, ex-[minor]celebrity owned BBi didn’t bring more. Its history makes it a good, but not excessive, value at this price.Lot # 20 1960 Ferrari 250 GT Cabriolet Series II, Body by Pinin Farina; S/N 1695GT; Engine # 1695GT; Grigio Scuro/Black leather; Black cloth top; Estimate $1,500,000 – $1,800,000; Cosmetic restoration, 3 condition; With Reserve; Hammered Sold at $1,375,000 plus commission of 10.00%; Final Price $1,512,500 – Triple Webers, Ansa exhaust, Borrani wire wheels, Falken tires, woodrim steering wheel. – Fourth of 200 built. Exhibited at Geneva in 1960 with nineteen subsequent owners. Originally finished in Verde Scuro over tan leather. Represented as matching numbers. Plating is flaking off of the wheel lobes. Doors aren’t flush. Old Falken tires, and probably should have Michelins on it. Lightly scratched chrome. A few small bubbles on the nose. Orange peel on the tail. Quite worn upholstery. It is in basic driver condition. Inherently cool and collectible for what it is, but in unremarkable older cosmetically restored condition. – Sold for $120,868 at Brooks all-Ferrari auction in Gstaad in 1999 in its original livery, repainted shortly thereafter and essentially left alone since then. It may have many needs, but most of all it needs to be mechanically serviced and then driven a while to take advantage of its condition. At this price that is an entirely reasonable proposition and both the seller and the buyer should be satisfied with the transaction’s result.Lot # 21 1979 Ferrari 308 GTS Targa, Body by Pininfarina; S/N 26835; Rosso Dino/Black leather; Estimate $160,000 – $180,000; Visually maintained, largely original, 2 condition; No Reserve; Hammered Sold at $170,000 plus commission of 10.00%; Final Price $187,000 – Cromodora alloy wheels, Michelin XWX tires, leather-wrapped Momo steering wheel, power windows, air conditioning, Blaupunkt cassette stereo. – Rare color. 5,822 km and two owners from new. Great preservation with just a little butt wear to the seats as the only sign of age. Repainted in 2005. Belt service done last year. Fully documented and barely used, this car has a lot going for it. – The preservation and low miles of this 308 GTS brought a deserved superior price, eclipsing even the pre-sale low estimate. The nicest part is that it has enough kilometers that it can be driven judiciously without adversely affecting its value.Lot # 50 1970 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina; S/N 13583; Engine # 13583; Verde Bahram/Black leather; Estimate $375,000 – $425,000; Recent restoration, 2- condition; With Reserve; Not sold at Hammer bid of $280,000 – Triple Webers, Ansa exhaust, Borrani centerlock wheels, Cinturato tires, woodrim steering wheel, power windows, wood dash, Becker Europa stereo, air conditioning, owner’s manual, full tool roll – Euro market car. Represented as matching numbers. Restoration finished earlier this year. Very good paint and chrome. Window is loose on the passenger’s side, with almost enough room for a pinky finger in between the glass and the bodywork. Cracked steering wheel cap and wavy console. Otherwise very good redone interior. Very clean and fresh underneath. A mostly solid Ferrari restoration that missed a few details. – Sold by RM in Scottsale in 2007 for $74,250 and at Worldwide’s Houston auction in 2012 for $89,100, painted red at the time. While the market for Enzo-era V-12 Ferraris is in a different world than it was then, the reported high bid was a fair offer and should have seen the car change hands even taking the meticulous restoration and presentation into account.Lot # 58 1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 14345; Engine # B1014; Red/Tan leather, black bars; Estimate $850,000 – $950,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $650,000 – Cromodora centerlock alloy wheels, Michelin X tires, power windows, Blaupunkt cassette stereo, popup lights, tool roll, Ferrari Classiche Red Book certified. – Very good paint and interior. Some weak and scuffed trim chrome. Wavy front bumpers. Orderly engine compartment. Aged chassis and underbody. – Sold by RM in Maranello in 2008 for $428,756 fresh from restoration and has covered about 5,000km since. The bid, in today’s ambitious Daytona market, for a car that has been regularly driven and cared for is light, even with the restoration starting to show some age.Lot # 64 1995 Ferrari F50 Coupe, Body by Pininfarina; S/N ZFFTG46A5S0104021; Rosso Corsa/Black leather with Red cloth inserts; Estimate $2,400,000 – $2,800,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $2,100,000 plus commission of 10.00%; Final Price $2,310,000 – U.S. spec from new, Bosch Motronic fuel injection, Brembo brakes with cross-drilled rotors, Pirelli P Zero Rosso tires, tool kit, manuals, tire inflator, wheel socket, removable hardtop panel with case, Ferrari Classiche Red Book certified. – A handful of tiny chips on the nose. One small chip on either side of the rear wing and a few tiny stress cracks on top of it. One of 55 US market F50s. Major service in 2014 at Ferrari of New England. Aside from a handful of flaws in its paper-thin original paint (through which you can see the weave of the car’s composite bodywork), this F50 presents like a new car. – Babied from new with nearly negligible miles, and an original U.S. spec car, this is a sound value in an appreciating Ferrari.Lot # 69 1961 Ferrari 250 GT SWB California Spyder (closed headlight); S/N 2871GT; Engine # 2871; Red/Black leather; Black cloth top; Estimate $15,000,000 – $17,000,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $15,600,000 plus commission of 10.00%; Final Price $17,160,000 – Chrome spoke Borrani wire wheels, Avon blackwall radials, covered Marchal headlights and grille mounted fog lights, no bumpers, velocity stacks, cold air box, partial tool roll, bumpers included. – First owned by Italian designer Gianfranco Frattini, featured in a cameo in Vittorio De Sica’s ‘Yesterday, Today, Tomorrow’ with Sophia Loren and Marcello Mastroianni. Good recent repaint, lightly worn older interior. Minor polishing scratches and fair bright trim. Engine compartment is orderly. Chassis and underbody are unrestored and generally grimy. A surprisingly delightful car that hasn’t felt the restorer’s touch, just been kept up and used carefully. – On one hand this is a generous price for this Cal Spyder’s condition, on the other hand it is precisely valued for its benign history and originality, a combination that isn’t likely to turn up again any time soon even though this is the second one in similar condition that Gooding has had in the past nine months. If anything 2871GT is in better condition than 3095GT sold at Pebble Beach in August and it changed hands at a modest premium to the earlier car. A car to be proud to own, drive and continue to preserve, even at this price.
Lot # 71 1963 Ferrari 250 GT/L Lusso Coupe; S/N 4365; Dark Grey/Tan leather; Estimate $1,900,000 – $2,400,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $1,750,000 plus commission of 10.00%; Final Price $1,925,000 – Chrome spoke, Borrani wire wheels, Pirelli blackwall tires, FIAMM horns, Carello headlights, Marchal fog lights. – Very good 1991 paint, chrome and upholstery. Good but aged original trim and Cream luggage straps behind the seats. Very clean engine compartment with modern hose clamps, etc. A very nice driver quality and presentable Lusso purchased by the consignor in 1966 in Europe while vacationing and spending much time with Ferrari drivers like Mike Parkes, Lorenzo Bandini and Ludovico Scarfiotti [those were the days when drivers were still accessible and cultivated the company of vivacious young ladies.] Purchased from the Ferrari dealer in Rome, driven to Maranello where it was tested by Parkes and Bandini and got the interior it has today from Scaglietti. Never restored, repainted and the engine rebuilt in 1993. Accompanied onsite by the consignor who was both vivacious and well-informed about her Lusso. – It’s hard to imagine a better Lusso story than this one has to tell. Even involving Steve McQueen wouldn’t match up with Parkes, Scarfiotti and Bandini. Its condition is reassuringly original and well maintained and its price is equally reassuring.RM Sotheby’s Amelia Island 2016 – Auction Report
Lot # 123 1980 Ferrari 512 BB Berlinetta, Body by Pininfarina; S/N 33715; Engine # 729; Rosso Corsa, Black sills/Black leather; Estimate $275,000 – $325,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $270,000 plus commission of 10.00%; Final Price $297,000 – Quadruple triple-choke Webers, Cromodora centerlock wheels, Michelin tires, Nardi leather-wrapped steering wheel, power windows, Borletti air conditioning, Pioneer cassette stereo, EPA letter. – Light curb rash on all but the right front wheel. Decent single repaint. Large touched up chip on the nose and another sizable bare one above it. Crack between hood vent and headlight door. Cracks behind the right window. Chips on engine cover vents. Worn but sound upholstery. Federalized in New Jersey in 1980. Last reported major service in 2007. A mostly original 44,797-mile car showing its age, but not badly so. – Bought modestly for a Berlinetta Boxer, but even as well maintained and looked after as it is having not been fully serviced since 2007 it will head straight for a Ferrari shop where low five-figures will be added to its acquisition cost to bring its maintenance up to date, and possibly more depending on what the shop finds. It is a reasonable risk at this price but at any more it gets into crapshoot territory.Lot # 139 1968 Ferrari 330 GTS Spider, Body by Pininfarina; S/N 10817; Engine # 10817; Yellow/Beige leather; Black cloth top; Estimate $2,300,000 – $2,600,000; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $1,900,000 plus commission of 10.00%; Final Price $2,090,000 – Chrome spoke Borrani wire wheels, Vredestein tires, Becker Europa AM-FM, air conditioning, power windows. – Good paint and lightly used upholstery. Orderly but not fresh underhood with a big grease gob on the fuel line. Underbody painted over old undercoat. Lightly scuffed trim chrome. A good driver quality GTS. – Sold by Gooding & Company in Scottsdale a year ago for $2,420,000 and unchanged since then, not even getting attention to the grease drip on the fuel line while accumulating just 358 more km on the odometer. It’s a fair car, but eminently driveable, and it brought a fair price even if it is a lot less than it sold for fourteen months ago.
Ferraris Sold at Auction in 2016 – Page Eight
Lot # 152 1986 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFTA17S000061421; Engine # 440; Red/Black leather; Estimate $130,000 – $170,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $165,000 plus commission of 10.00%; Final Price $181,500 – Michelin TRX tires, single flying mirror, Momo leather-wrapped steering wheel, power windows, air conditioning, DOT release letter. – Small chip at the front of the passenger’s side door and another on the bottom strake on that side as well. Sound original paint otherwise. Paint chipped off keyhole on driver’s side. Good lightly worn original interior. Delivered new in Turkey, but shortly made its way to the US. Not perfect but well kept and showing 40,780 km. – The ‘flying mirror’ was an expedient necessitated by the wide rear haunches of the Testarossa that blinded a conventional lower outside mirror placement, although in the words of ‘Gumball Rally’s’ Franco Bertollini (Raul Julia), ‘What’s behind me is not important.’ Compared with other Testarossas in the Amelia Island auctions this is a superior result appropriate to this car’s condition and originality.Lot # 160 1972 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 15271; Engine # B1738; Rosso Chiaro/Black leather; Estimate $750,000 – $825,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $550,000 plus commission of 10.00%; Final Price $605,000 – Borrani wire wheels, Michelin XWX tires, six Webers, MSD ignition, power windows, air conditioning, Becker Mexico stereo, fire extinguisher, full tool roll, jack, owner’s manuals, warranty card. – A few tiny chips on the nose. Good paint and chrome otherwise. Almost spotless engine bay. Lightly worn interior but significantly faded and discolored dash top. Sold new in Los Angeles. Cosmetic restoration in 2002 and got an engine and transaxle rebuild shortly thereafter. The work included high-compression pistons, euro-spec exhaust and different ignition that resulted in 409 hp on the dyno. – While quicker than a factory Daytona, modifications tend to detract from a Ferrari’s value and this car’s less than stellar presentation didn’t do it any favors, either. A no reserve lot, it didn’t stand out among the distinguished lots at RM’s Amelia Island sale and the hammer fell quickly at a bargain price. Bringing a mediocre car to auction can be a risk, and in this case things did not work out for the seller. They did, however, result in the seller getting a dyno-tested 409hp Daytona that should be an absolute ball to drive. Call it a good value for an enthusiastic driver in a car that looks stock except for the upgraded ignition boxes.Lot # 163 1962 Ferrari 400 Superamerica Coupe, Body by Pininfarina; S/N 3949SA; Engine # 56SA; Metallic Blue/Cognac pigskin; Estimate $2,700,000 – $3,300,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $4,000,000 plus commission of 10.00%; Final Price $4,400,000 – Philips multiband radio, chrome spoke Borrani wire wheels, Pirelli blackwall tires, covered Marchal headlights, Marchal fog lights in the grille. – Ordered new by Erwin Goldschmidt and retained for more than forty years by him and his son Anthony. Featured in several publications and often displayed. Restored in 1977 and carefully maintained since, earning a Gold award at Cavallino in 2006, then restored again for the present owner in these colors. Excellent paint, chrome and interior. Restored like new, fresh and sharp. – Sold by Gooding at Pebble Beach in 2012 for $2,150,000 s/n 3949SA was showing the age of its 70’s restoration, condition that is completely reversed by the fresh Dennison International restoration. In the process the color has been changed from Rosso Cina over black leather to the present livery which looks marvelous. The odometer has added 1,226 miles to its count. It was modestly estimated by RM and the bidders made the decision to blow the estimate into the weeds, just like this 340hp Superamerica would blow pretty much anything else on the road in 1962 into the weeds. Expensive but beautiful and ready to show with pride and confidence.Lot # 166 1973 Ferrari 365 GTS/4 Daytona Spider, Body by Scaglietti; S/N 15369; Yellow/Black leather; Black cloth top; Estimate $2,500,000 – $3,000,000; Cosmetic restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $2,100,000 – Chrome spoke Borrani wire wheels, Michelin X tires, power windows, Veglia air conditioning. – Toasted in 1994 when it was rear-ended and the ruptured fuel tank caught fire. Subsequently repaired with factory-sourced body panels. Very good recent paint, interior and chrome. Old undercoat in wheelwells. Clean orderly engine compartment. Ferrari Classiche certified. – Sold by Brooks at Quail Lodge in 1999 for $354,500 but not presented very well here and failed to get the bidders’ attention (or maybe the fire story got more attention.) In any event the bidders made a realistic offer for this Daytona Spider’s condition and history.Lot # 174 1957 Ferrari 250 GT TdF Coupe; S/N 0619GT; Engine # 0619GT; Silver/Dark Blue leather; Estimate $5,500,000 – $7,500,000; Older restoration, 3 condition; With Reserve; Not sold at Hammer bid of $4,250,000 – Borrani wire wheels with partially painted rims and tainted spokes and hubs, Michelin Pilote X 6.00×16 tires, air conditioning, covered headlights, Michelin headlights and grille-mounted fog lights, velocity stacks, cold air box. – Built as chassis 0805GT but given the number of an earlier Tour de France of its first owner, Pierre Noblet, who raced it with good results. Crashed in the mid-60’s, damaging both sides of the body. Eventually sold still damaged to Wayne Sparling in 1975 who built the present body, then drove it a lot. Dented, scuffed bright trim. Dull, dented bumpers. Painted door window frames. Musty smelling interior. Odd-shaped nose and indifferent paint. – The next owner of Wayne Sparling’s TdF will be faced with an interesting situation. In its present configuration it has history that a restoration would obscure, but it doesn’t look much like it did when Pierre Noblet raced it. It should be one of the more reliable TdFs after years of Sparling’s attention. Wrapped up and neatly tied, the pros and cons of this TdF probably mean the next owner will promptly send it to Maranello for a new body and full restoration under Ferrari’s supervision. Unless the market turns upside down in the next few years what will come out the other end of that process will be a Red Book Certified car that will be worth eight figures. It is a long, involved process that carries no small amount of risk, entails a material investment of time and attention, and involves inevitable considerations of opportunity cost while it is in process. In that complicated equation the reported high bid here is not unreasonable.Lot # 181 2011 Ferrari 599 GTO Coupe; S/N ZFF70RCA1B0179533; Engine # 171291; Metallic Red (Rosso Fuoco), Grey stripe/Grey, Charcoal Alcantara; Estimate $650,000 – $750,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $625,000 plus commission of 10.00%; Final Price $687,500 – F1 gearbox, carbon fiber trim, Grey alloy wheels, parking sensors, Bose stereo, Alcantara steering wheel rim, telemetry kit, carbon fiber splitter. – Two owners and 7,200km from new and might as well be a new car, it’s that clean. Ferrari Classiche certified. – 599 GTO prices are not only few and far between, they’re also erratic but trending upward in line with comparable examples of Ferrari’s top-performing front engined GTs. This result is in line with the trend.Lot # 193 1972 Ferrari 365 GTC/4 Coupe, Body by Pininfarina; S/N 15211; Engine # 276; Red/Black leather; Estimate $325,000 – $375,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $310,000 plus commission of 10.00%; Final Price $341,000 – Six Webers, Ansa exhaust, Borrani wire wheels, Michelin XWX tires, leather-wrapped steering wheel, Blaupunkt cassette stereo, Veglia dash clock, power windows, air conditioning. – Shiny but wavy bumper plastic. Good shiny repaint. Cracks at bottom of B-pillar. Tiny chip at the back of the hood. Lightly worn interior. Newer upholstery and vinyl padded dash, but original everywhere else inside. A US market car showing 7,478 miles. Restored during a stint of ownership in Switzerland. – Sold by RM in Monterey in 2001 for $55,000, then sold at Worldwide Auburn in 2008 for $159,500. Sold again by RM in Monterey in 2011 for $170,500 and one more time by RM in Scottsdale in 2013 for $176,000. GTC/4s have really gained a following since this car’s last appearance, and even an imperfect auction veteran like this isn’t a surprise at 300 grand.
Lot # 08 1980 Ferrari 308 GTB Coupe, Body by Pininfarina; S/N ZFFAA01A0A0033527; Red/Tan leather; Estimate $95,000 – $125,000; Unrestored original, 3 condition; With Reserve; Not sold at Hammer bid of $80,000 – Bosch K-Jetronic, Michelin TRX tires, roof spoiler, power windows, Borletti air conditioning, Alpine cassette stereo, radar detector. – Engine out service last year. Dull exterior plastic. Two big chips out of the bottom lip. A few tiny stone chips on the nose. Decent, swirled original paint. Worn, lightly discolored seats. Lightly worn switchgear. The standard for Ferraris, even 308s, is high, so although this is a sound, cared for example, it’s in used car condition and for a car with 31,631 miles on the odometer it should really be in better cosmetic shape. Anyone wanting a better car than his won’t have to look far. – The reported high bid of $80,000 would be a fair price for a car that was significantly better than this one, so if there was any money near it the car should have gone to a new owner.Lot # 21 1966 Ferrari 330 GT SI 2+2 Coupe, Body by Pininfarina; S/N 7515; Red/Red leather; Estimate $365,000 – $430,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $260,000 – Triple Webers, Ansa exhaust, Borrani wire wheels, Pirelli tires, woodrim steering wheel, wood dash, Blaupunkt pushbutton radio. – Lightly pitted mirror. Very good paint and chrome. Driver door isn’t flush. Small paint crack just above right front wheel. Good, lightly worn interior. Got new motor mounts, belts, hoses and partial engine rebuild in 2015. Restored and clean underneath. Full restoration with mostly older work but sound overall. – This 330 GT 2+2 hasn’t gotten any better since it was offered at RM’s Arizona auction six weeks ago with a reported high bid of $310,000.Lot # 25 1987 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSG17A4H0072941; Red/Tan leather; Estimate $180,000 – $215,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $117,500 plus commission of 10.00%; Final Price $129,250 – Bridgestone tires, five-piece luggage, leather-wrapped Momo steering wheel, power windows, air conditioning, Ferrari wristwatch, books and tools. – Very good original paint. Very good, lightly worn interior. Classiche certification. Up to date service. Your typical babied Testarossa showing 22,140 miles. – Given recent Testarossa prices this is something of a bargain for its condition and known miles.
Ferraris Sold at Auction in 2016 – Page Nine
Lot # 42 1967 Ferrari 330 GTC Coupe, Body by Pininfarina; S/N 9829; Verde Pino/Tan leather; Estimate $900,000 – $1,050,000; Older restoration, 2 condition; With Reserve; Not sold at Hammer bid of $625,000 – Centerlock alloy wheels, Yokohama tires, Ansa exhaust, woodrim steering wheel, power windows, Veglia dash clock, Pioneer cassette stereo, air conditioning.. – Sound older paint and chrome with no blemishes. Some blisters on the wheels. Excellent interior. Light road dirt underneath. Not fresh, but doesn’t need anything. A pretty car in an unusual but attractive color. – It’s not surprising this car didn’t change hands at the reported high bid.Lot # 59 2011 Ferrari 599 SA Aperta Convertible; S/N ZFF72RHL2B0182599; Nero Daytona Metallic/Tan; Estimate $1,100,000 – $1,250,000; Not evaluated; With Reserve; Post-block sale at $1,136,364 plus commission of 10.00%; Final Price $1,250,000 – Not U.S. certified. – Not available on-site for inspection but described as like new with 180 miles. – In some of the most bizarre auction offerings in memory this essentially brand new 599 SA Aperta and its counterpart Lot # 64, a 599 GTO, was located in Mexico and offered sight-unseen. The concept could only have appealed to a bidder from a non-U.S. location, who were thin on the ground in Amelia Saturday evening. There was no apparent real bidding on it and the charade ended at a reported bid of $875,000. It is reported sold on Motostalgia’s website for $1,250,000 all-in which is highly optimistic for a car with such restrictions on its useLot # 64 2011 Ferrari 599 GTO Coupe; S/N ZFF70RFL8B0178599; Red, Black roof/Black, Red Alcantara; Estimate $750,000 – $850,000; Not evaluated, condition; With Reserve; Post-block sale at $700,000 plus commission of 10.00%; Final Price $770,000 – Not U.S. certified. – Not available on-site for inspection but described as like new with either 84 or 22 miles in different places in the catalog. – Like its counterpart the 599 SA Aperta lot #59, this non-U.S. 599 GTO was located in Mexico and offered here sight-unseen. The seller offered to fly a successful bidder to Monterrey to inspect and approve it, but then what? Drive it back to the border and leave it there for weekend drives in Mexico? It is a Latin American spec car (the ‘L’ in the VIN’s 8th position). There are U.S. spec 599 GTOs (like the one RM sold a few hours earlier for $687,500) which makes a Show and Display exemption unlikely. Its offering was a bizarre moment and it brought no visible bidding interest. The auctioneer stopped at $600,000, but is reported sold later on Motostalgia’s website for $770,000 all-in which hardly seems to take into account the geographic restrictions on using it.
Lot # 423 1982 Ferrari 308 GTSi Spider; S/N ZFFAA02A8C0038685; Red, Black leatherette roof panel/Tan leather; Estimate $50,000 – $60,000; Visually maintained, largely original, 3- condition; With Reserve; Hammered Sold at $49,500 plus commission of 10.00%; Final Price $54,450 – Air conditioning, power windows, TRX tires, Alpine CD stereo. – Superficial repaint described as done this year but looking older. Sound but aged original interior, faded carpets. Repainted wheel wells. Chipped paint on the Targa bar. A superficial driver. – 308s and 328s have been newly attractive, so much so that reruns of “Magnum” may be proliferating on cable TV to excite interest. The auction history of this 308 GTSi gives a hint, having been sold when no one cared in 2004 at B-J in Palm Beach in 2004 for $32,400. The new paint didn’t add anything to it. It’s just an old car fluffed up for the auction with a quick repaint, but the fluff did its work and brought a superior price for a mediocre car.Lot # 432 1986 Ferrari 328 GTS Spider; S/N ZFFXA20A8G0064895; Red, Black leatherette roof panel/Tan leather; Estimate $75,000 – $85,000; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500 – CD changer stereo, air conditioning, Bridgestone tires, QV engine. – Good older repaint, original upholstery and carpets. Speedometer in kilometers, temp gauge in Fahrenheit. Dusty, aged engine and chassis. Original Goodyear temporary spare. Speedometer in kilometers, represented as 46,808 from new. – The car card says, ‘Believed to be original paint’, but it isn’t. The rest of the car, however, is original and in pretty decent condition for its age. The price reflects the recent resurgence in 308/328 values and while reasonable in a current snapshot may not hold up over time. It is, however, less than many Porsche 911s, and is a Ferrari.Lot # 461 1981 Ferrari 308 GTSi Spider; S/N ZFFAA02A6B0037145; Silver-Grey, Black leatherette roof panel/Black leather; Estimate $65,000 – $75,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $58,000 plus commission of 10.00%; Final Price $63,800 – TRX tires, air conditioning, Sony CD stereo. – Clearcoat repaint with some edge buildup, bubbles around the radio antenna, chip on the right front fender. Very good interior, trim and carpets. Recent belt service. The bottom of the engine, though, is grimy and oily. Wheel wells have been resprayed with undercoat. Babied, but not pristine. – With its recent belt service this 308 GTSi stands out among the many in Auctions America’s Ft. Lauderdale auction, yet it brought no more money than others that were not comparably babied. It’s a good value.Lot # 504 1971 Ferrari 365 GTB/4; S/N 14769; Red/Black leather; Estimate $675,000 – $725,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $590,000 plus commission of 10.00%; Final Price $649,000 – Chrome spoke Borrani wire wheels, Michelin X tires, Veglia air conditioning, Becker Mexico cassette stereo. – 78,068 miles. Fresh repaint that should have been better finished along some of the body edges. Good new upholstery and carpets. Underbody got some new undercoat. Engine compartment is orderly and clean. Cosmetically restored to attractive touring standards. – Here’s the Daytona value curve, in the flesh: sold by RM in Arizona last year for $715,000, then by Mecum at Indy four months later for $837,000 and $649,000 here. Attractively presented but not excessively detailed, this is a ‘driver’ Daytona. It has some issues and they are easily resolved but the way prices are going [Daytonas are not rare cars] are they worth addressing? Bought by a dealer who thinks otherwise, time will tell.Lot # 508 1970 Ferrari 365 GT 2+2 Coupe; S/N 13471; Black/Black leather; Estimate $240,000 – $280,000; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $215,000 plus commission of 10.00%; Final Price $236,500 – Chrome spoke Borrani wire wheels, Michelin X tires, Blaupunkt multiband radio, headlight covers, power windows. – The interior trim is aged but the original seat upholstery is good. Paint and major chrome are good, trim chrome is mixed. Engine compartment has been done to better than driver standards and shows only a little age and use. Doors, hood and deck lid fit well but the rear edge of the deck lid has some paint buildup. A very usable driver that will not embarrass the owner when the hood is raised. – Someone observed that the Queen Mother 365 GT 2+2 is ‘the new entry-level Enzo-era Ferrari’. Fair enough, and a car that will accommodate a four-person Millennial family with way more performance and comfort than a GTE at twice the price.Lot # 529 1999 Ferrari F355 Serie Fiorano Spider; S/N ZFFXR48A5X0116556; Red/Tan leather; Black cloth top; Estimate $200,000 – $250,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $192,500 plus commission of 10.00%; Final Price $211,750 – 6-speed, CD changer stereo, air conditioning, power windows, SF shields, red calipers.. Assembly # 33583. – Good original paint and interior, engine has been carefully detailed but the underbody hasn’t. Driver’s door has been spray can touched up on the back with overspray on the top boot cover. – A desirable 6-speed car among a wealth of sequential semi-automatics, but treated to some troubling touchups that make the price it brought full value for what it is, particularly in the absence of any maintenance history.Lot # 539 1983 Ferrari 512 BBi Berlinetta; S/N ZFFJA09B000043937; Red, Black rockers/Black leather; Estimate $375,000 – $450,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $290,000 – Air conditioning, TRX tires, Blaupunkt cassette stereo. – Excellent original paint, slightly stretched barely broken in original upholstery. 10,320 miles from new, with an obsessive owner brushing off dust motes and water drops. Nearly like new and very nice. – While this is a reasonable offer for most BBis, the meticulously maintained condition and originality of this one deserves more. The consignor seemed to regard the possibility of taking it back home with him to be an entirely acceptable conclusion, and he got his wish.
Ferraris Sold at Auction in 2016 – Page Ten
Lot # 548 2007 Ferrari F430 F1 Spider; S/N ZFFEW59A770151183; Metallic Blue/Tan leather; Estimate $120,000 – $135,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $102,500 plus commission of 10.00%; Final Price $112,750 – 20 inch modular wheels, SF shields, Sony CD stereo, Red calipers, air conditioning, power windows, power top, power outside mirrors, Daytona-style seats, carbon fiber interior trim – Clean and barely used after an accident repair. Dusty chassis and engine compartment. The interior carbon fiber trim looks like it came out of a J.C. Whitney kit. – Even at this price the successful bidder put a great deal of trust in the quality of the accident repairs.Lot # 563 1986 Ferrari 328 GTS Spider; S/N ZFFXA20A1G0062129; Red, Black leatherette roof panel/Beige leather; Estimate $60,000 – $75,000; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $59,000 plus commission of 10.00%; Final Price $64,900 – Air conditioning, power windows, Sanyo CD stereo. – Older repaint with some fisheyes and dust, freshly color sanded and still dusty. Driver’s seatback bolster worn through. Underbody and engine are clean and orderly but aged. A usable driver in need of some upholstery repair. – This is a reasonable example, bought for a reasonable price.Lot # 569 1983 Ferrari 512 BBi Berlinetta; S/N ZFFJA09B000044231; Red, Black rockers/Tan leather; Estimate $300,000 – $310,000; Visually maintained, largely original, 3+ condition; With Reserve; Not sold at Hammer bid of $250,000 – TRX tires, air conditioning, Pioneer cassette stereo, power windows. – Sound, shiny older repaint with some masking issues. Good, lightly surface creased original interior. Windshield replaced with no-name glass. Underbody and engine are clean and orderly. – Sold by RM at Amelia in 2012 for $112,750 and showing 248 more miles since then. Like the similar car that crossed the block earlier on the day the Ft. Lauderdale bidders just couldn’t get themselves worked up for Boxers although the reported high bid here is appropriate to the car and it could have been sold with little if any regret if there was money in the room.Lot # 753 1991 Ferrari Testarossa Coupe; S/N ZFFSM17A2M0088381; Black/Black leather; Estimate $75,000 – $90,000; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $79,000 plus commission of 10.00%; Final Price $86,900 – Air conditioning, 5-spoke Ferrari alloy wheels, Eagle HP tires. – Sound repaint, lightly worn upholstery, good carpets. Very clean, dry underbody and engine. A few stone chips on the nose. A reassuring driver quality TR. – This is a US-version TR with Canadian passenger restraints which go with the speedometer in kilometers. Sound, lightly worn, but with no maintenance history, it is still cheap at the reported result when TRs are regularly bringing low six-figures.
Lot # 759 1981 Ferrari 308 GTBi Coupe; S/N ZFFAA01A3B0034883; Red/Black leather; Estimate $60,000 – $70,000; Visually maintained, largely original, 3- condition; With Reserve; Hammered Sold at $57,500 plus commission of 10.00%; Final Price $63,250 – 5-spoke Ferrari alloy wheels, Bridgestone tires, air conditioning, Alpine CD stereo. – Bad repaint covered in microblisters. Good original upholstery, interior and dashtop. Orderly unrestored engine and underbody. Doors, hood and deck fit well. Said to have been recently given ‘a full service by Ferrari.’ A decent car, but stymied by a crappy paint job that needs to be redone by a competent shop. – Attended to quickly while the 308 fad still prevails the buyer of this 308 GTBi can probably rush it through a good paint shop and turn it around at a profit before the 308 fascination fades. An end used could ignore the finish issues [until they become scabrous] and drive it, having bought it at a realistic discount.Barrett-Jackson Palm Beach 2016 – Auction Report
Lot # 383 1983 Ferrari 512 BBi Coupe, Body by Scaglietti; S/N ZFFJA09B000044991; Red/Black; Unrestored original, 2- condition; Hammered Sold at $255,000 plus commission of 10.00%; Final Price $280,500. With Reserve. – Centerlock alloy wheels, Michelin TRX tires, roof spoiler, power windows, air conditioning, Pioneer stereo. – Big chip on the left headlight door, otherwise pretty good original paint. Good lightly worn interior. Last represented work on the car was an engine-out service way back in 1998 before the car went into long-term storage. – After sitting for 18 years that service needs to be repeated as soon as this Ferrari leaves the auction site. Prolonged storage is not good for soft things in engine compartments, particularly the belts that drive the camshafts on this BBi. The result is appropriate for a BBi with a fresh major service, not for one that needs that expensive, engine-out, procedure.Lot # 384 1990 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSG17A8L0083434; Red/Tan leather; Unrestored original, 2- condition; Hammered Sold at $79,000 plus commission of 10.00%; Final Price $86,900. With Reserve. – Alloy wheels, power windows, air conditioning, Momo steering wheel. – Chip right next to the Ferrari badge on the nose. Rebuilt diff and transmission as well as the 50,000 mile service. Very good, almost like new interior. At 54,525 miles, this Testarossa has been driven quite a bit, but it’s been maintained the whole way and still presents very well. – After Testarossa prices have hovered in the low $100,000 range for months it seems remarkable, particularly in Florida, to see one down in 5-figures even with this many miles. Its appearance and service history suggests sympathetic care and makes it a very good value in the current Testarossa market.Lot # 408 1968 Ferrari 330 GTC Coupe, Body by Pininfarina; S/N 11427; Red/Black leather; Visually maintained, largely original, 2- condition; Hammered Sold at $600,000 plus commission of 10.00%; Final Price $660,000. With Reserve. – Borrani wire wheels, Michelin XWX tires, woodrim steering wheel, later Blaupunkt cassette stereo, factory air conditioning. – Mechanically serviced recently. Driver’s side door isn’t flush. Some light scratches on the trunk. Otherwise good older paint and chrome. Very good, lightly worn and aged interior. A car that’s gotten attention but never been fully restored, and one to drive and not stress out about when you’re driving it quickly. Italian market car originally finished in Amaranto. Exported to the U.S. in 1972, then spent 30 years in a Swiss collection before coming back stateside. – Sold by RM in London in 2014, right in the middle of the sharp upward trend in 330 GTC values, for $632,727. Then sold by RM in Monterey last year for $715,000. The reported high bid wasn’t enough to buy even a rough 330 GTC six months ago and even today the car deserves more. This is a serious bargain.Lot # 421 1979 Ferrari 308 GTS Targa; S/N 27297; Rosso Corsa/Pella Crema, Black leather; Unrestored original, 2- condition; Hammered Sold at $76,000 plus commission of 10.00%; Final Price $83,600. With Reserve. – Hankook tires, Momo leather-wrapped steering wheel, power windows, air conditioning. – A few chips on the bottom front lip, decent original paint otherwise. Dull wheel caps. Good original interior. Recent full engine-out service. Not the worst, but not the best. A 308 showing 47,790 km and corresponding age. – A spot on result for a carbureted 308 GTS in this condition. The injected cars that came shortly after are significantly cheaper, but gone are the days when the 308 was a relatively affordable way to get the Prancing Horse.
Lot # T218.1 1986 Ferrari 328 GTS Spider; S/N ZFFXA20A1G0060333; Red, Black leatherette roof panel/Beige leather; Estimate $45,000 – $65,000; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000 – Air conditioning, power windows, built in Spectrum radar detector, aftermarket cassette stereo. – Poor repaint with fisheyes and overspray in the wheel wells. Surface cracked and soiled original upholstery. 28.968 miles, but looks like more. No service history described but it is a U.S. delivery car. – The car card read, ‘In recent years, the 308 and 328 Ferraris have been commanding higher figures on the market, and their value continues to climb. It’s thought that now is an excellent time to invest in a good example to enjoy and potentially see a nice return on investment in the near future.’ And if you believe that, there’s a Roebling-built bridge between Manhattan and Brooklyn that could have your name on it. This result isn’t, in today’s exaggerated 308/328/348 market, egregious. It’s just expensive.Lot # F243 1972 Ferrari 246 GT Dino Coupe; S/N 03712; Yellow/Tan leather, Black bars; Older restoration, 2- condition; Hammered Sold at $310,000 plus commission of 10.00%; Final Price $341,000 – Daytona seats, air conditioning, power windows, grey painted Cromodora 6 1/2 inch wheels, headrests, books, tools and jack. – Good paint in the original color. Good interior and chrome. Restored like new some time ago and still very good if showing some age on the engine and underneath. Described as just major serviced with an engine rebuild. Reportedly a ‘Platinum Award in 2013’ but no idea where it was platinum. – Sold by RM in Monterey in 2008 for $154,000 when the odometer showed 4,749 fewer miles than today. The Dino has suffered little for the miles and remains a quality example but this price in today’s market is nothing but generous.
Lot # 10 1989 Ferrari F40 Coupe; S/N ZFFGJ34B0000080727; Red/Red cloth; Unrestored original, 2- condition; With Reserve; Not sold at Hammer bid of $950,000 – Euro-spec without cats, adjustable suspension, 6-point Sabelt belts, rollup windows. – 8,929km. Engine compartment is aged and shows more use than the odometer. Seats are very good. Recently serviced and fuel tank bladders replaced. Reported to have had damage repaired in Italy and can’t be registered in California. – Despite looking bright and fresh the aura of unspecified repairs suffused this F40 to the detriment of bidding interest. It is hard enough to move a car when it has identified damage and identifies the repair shop; finding someone bold enough to commit seven figures to a car with ill-defined damage is almost impossible.Lot # 43 1986 Ferrari Testarossa Coupe; S/N ZFF2A17A3G0063017; Engine # 00269; Red/Tan leather; Estimate $170,000 – $200,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $158,000 plus commission of 10.00%; Final Price $173,800 – Single mirror, air conditioning, Clifford alarm, standard size tires, not TRXs, books, tools, jack, keys, owner’s pouch. – Very good original paint and interior. Underbody is clean, original and appropriate to the 3,755 miles, and reported to have had a recent engine out belt and water pump service. A U.S. delivery model with a clean Carfax. – Somehow the connection with a Clifford alarm is, ‘Why protect your car from a Big Red Dog?’ Oh well. This is an attractive, original, well maintained, freshly serviced Testarossa with minimal miles but all the indicia of careful long term ownership that meant it never has fallen into neglect. On that basis, and the recent strength of Testarossa in the market, this is a sound value in a popular model.Lot # 54 2005 Ferrari 575M Superamerica Convertible; S/N ZFFGT61A750144847; Red/Beige leather; Estimate $700,000 – $900,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $550,000 – 6-speed, SF shields, red calipers, complete with books, tools and original paperwork. – Chip guarded nose. Paint is very good, interior shows barely any wear. Underbody shows it has been driven and has some road dirt, but very little. A very well kept 11,781 mile car. – The distinguishing feature of this Superamerica – other than the power retracting roof with adjustable transparency electrochromic glass that is something of a technical marvel – is the six-speed, one of only 43 so equipped out of the 559 built. Its technical attributes and rarity, however, seem to have been lost on the Greenwich bidders who came up way short on this bid. Bonhams sold another one (s/n 145743) in London in December of last year (six months ago) for $923,969.Lot # 55 1998 Ferrari F355 GTS Targa; S/N ZFFXR42ABW0110208; Red/Tan leather; Estimate $90,000 – $115,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500 – 18 inch 5-spoke alloy wheels, 6-speed, Bridgestone tires, CD changer stereo, clean Carfax, books and tools. – Assembly #27234. Chipguarded nose. Very good original paint and lightly worn interior. Clean, barely used underbody and engine. 21,395 miles, recent engine-out belt/water pump service. – This is a reassuringly presented Ferrari with a number of prior owners who seem to have been intent on keeping it in good health. The price it brought reflects both its benign history and the now highly desirable 6-speed manual gearbox.Lot # 64 1983 Ferrari 308 GTBi QV Coupe; S/N ZFFMA12A6D0041797; Engine # 00068; Red/Tan leather; Estimate $80,000 – $115,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $67,500 plus commission of 10.00%; Final Price $74,250 – Built in radar detector, alarm, air conditioning, Alpine cassette stereo, 5-spoke alloy wheels with TRX tires. – Very good repaint and interior barely scuffed on the driver’s seatback bolster. Clean, bright black trim. New paint in wheel wells. Engine out serviced last winter. A very good well maintained example. – This is an realistic price for a sound and usable 308 GTBi QV but it could have brought another $10-15,000 without being unduly expensive.Lot # 101 1967 Ferrari 275 GTB/4 Coupe, Body by Pininfarina-Scaglietti; S/N 10413; Engine # 10413; Pino Verde/Black leather; Estimate $2,900,000 – $3,200,000; Older restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $2,500,000 – Alloy centerlock wheels, Michelin XWX tires. – Three owners from new, the present one from the 1970s. Restored like new with scant evidence of any use or age after being driven on the street in and around NYC for several years. – Swine get swilled, hogs get slaughtered. If there was money at the reported high bid this may have been the time to accept it rather than holding out for the last possible dollar.
Lot # 624.1 1982 Ferrari 308 GTSi Spider; S/N ZFFAA02A4C0041079; Giallo/Black leather; Unrestored original, 2 condition; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500. No Reserve. – Alloys, Michelin TRX tires, Momo leather-wrapped steering wheel, Alpine cassette stereo, power windows, air conditioning. – CA car. Represented with all books and maintenance records. Original window sticker. Very good paint. Perfect vinyl roof. Barely worn seats and the rest of the interior is spotless. The 41,468 miles are relatively high for a Ferrari, but 308s tend to get driven more often. Even so, this one presents like a car with a lot fewer on it and is essentially like new. – The two-valve, fuel-injected GTSi thanks to milder performance than both the earlier Weber cars and the later four-valve QVs, but they’ve been caught up in the rise in Ferrari prices along with all the rest of them. The result here is spot on for a GTSi in this condition.Lot # 655 1989 Ferrari Testarossa Coupe; S/N ZFFSG17A6K0079168; Argento Metallizzato/Red leather; Unrestored original, 2- condition; Hammered Sold at $93,000 plus commission of 10.00%; Final Price $102,300. No Reserve. – Speedline modular wheels, Pirelli P Zero tires, locking filler cap, Momo leather-wrapped steering wheel, power windows, air conditioning, Tubi exhaust. – Documented service history. Showing 23,585 miles, represented as original. Small scratch in the middle of the nose along with numerous small stone chips. Tiny dent on the left front fender. Very lightly worn seats. Not the best. Not the worst. What it does have going for it is an unusual but attractive color combination. – An average Testarossa, with average care and maintenance. The last major service was at or about 15,000 miles and a new one is in the new owner’s near future. The Mohegan Sun bidders balanced the attractive color combination against the need for service and the use that is evident on both the odometer and the car and came up with the realistic price in light of Testarossas’ recent run. It’s a sentimental choice that may not hold up over the next few years.
Ferraris Sold at Auction in 2016 – Page Twelve
Lot # 665.1 1967 Ferrari 330 GT 2+2 Coupe; S/N 7901; Black/Crimson leather; Recent restoration, 2 condition; Hammered Sold at $300,000 plus commission of 10.00%; Final Price $330,000. With Reserve. – Chrome spoke Borrani wire wheels, Michelin XWX tires, Becker Europa II AM-FM. – Excellent fresh paint, chrome and inviting interior. 2016 Cavallino Classic class winner and it looks the part. Represented as the original engine. – Even the most ordinary front-engine V-12 Ferrari is on a steep upward curve on the order of 20% from a year ago and 50% from the year before that. In that steep escalation this immaculate 330 GT 2+2 is riding the curve, but not ahead of it. How long the fascination continues is the new owner’s next concern but in the meantime it is a car to be enjoyed with pride this summer.Lot # 704 1991 Ferrari 348ts Targa; S/N ZFFRG36A5M0088054; Red/Cream leather; Unrestored original, 2- condition; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000. No Reserve. – Alloy wheels, Pirelli P Zero tires, power windows, air conditioning. – Represented as 12,527 original miles. Recent service at Ferrari of New England. Lightly worn and discolored seats. Very good original paint. Clean, blemish-free wheels. The leather trim piece running up the left A-pillar has come loose and is hanging down. Other than that and the wear on the seats, which is almost inevitable when they’re that color, this is a very good car. – It’s also staggeringly expensive. This would have been big money even for a 355, but for a 348 it’s stratospheric. These cars have been on the rise for a couple of years now, but this result was at least a couple of years further ahead of the curve. They’re available in quantity in FML for $50,000 and less, without dickering.Lot # 758 1988 Ferrari 328 GTS Targa; S/N ZFFXA20A6J0078740; Rosso Corsa/Tan leather; Unrestored original, 2 condition; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500. No Reserve. – Toyo Proxes tires, roof spoiler, leather-wrapped Momo steering wheel, Alpine CD stereo, power windows, air conditioning, ABS. – Small touched up chip on the right headlight door. Very good paint and interior that just about look new. Serviced in August 2015. Very light general wear and looking like a car with much fewer miles than the 31,659 showing on the odometer. – This is a price that would have been huge two years ago, but today it looks like a bargain compared to what other really good 328s have been bringing.
Lot # 103 1988 Ferrari 328 GTS Spider, Body by Pininfarina; S/N ZFFXA20A1J0078015; Engine # 13423; Red, Black leatherette roof panel/Beige leather; Estimate $120,000 – $160,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $90,000 plus commission of 10.00%; Final Price $99,000 – 5-spoke wheels, Bridgestone tires, power windows, air conditioning, Sanyo CD stereo, books, tools, fitted luggage. – 13,875 miles from new, Ferrari Classiche certified. Good original paint and interior. Cavallino Concours and Preservation Platinum awards in 2015. Serviced 8 months ago. – This 328 was reported sold by RM at Amelia earlier this year for $187,000 but the catalog contends the current owner has had it since 2014. In any event it failed to excite the Portola Plaza bidders, or maybe they had been delayed on their way by the monumental Monterey traffic. The result is a 328 GTS price that has a material premium for low miles, originality or preservation. The new owner will be hard pressed to continue its preservation at this level without suffering a significant decrease in value from use.Lot # 112 1965 Ferrari 275 GTB Berlinetta, Body by Pininfarina-Scaglietti; S/N 07093; Engine # 07093; Silver-Grey/Crimson leather; Estimate $2,000,000 – $2,400,000; Older restoration, 3+ condition; With Reserve; Hammered Sold at $1,575,000 plus commission of 10.00%; Final Price $1,732,500 – Chrome spoke Borrani wire wheels, Pirelli P4000 tires, tools, owner’s manual, parts book. – Good older paint, chrome and lightly used interior. Orderly engine compartment. A quality older restoration completed in 2005 that’s been driven and enjoyed by Jack and Kathy Boxstrom. Ferrari Classiche certified. – When it’s time to cut back it’s also time to accept the judgment of the marketplace, or at least that’s one reason for this otherwise inexplicably modest price for a sound, quality 275 GTB. The new owner got a very good value, along with a very good Ferrari.Lot # 127 1955 Ferrari 750 Monza Spider, Body by Scaglietti; S/N 0510M; White, Blue stripe/Black leather; Estimate $4,000,000 – $5,500,000; Competition restoration, 3- condition; With Reserve; Hammered Sold at $4,750,000 plus commission of 10.00%; Final Price $5,225,000 – RHD. Silver painted wire wheels, driver’s windscreen and head fairing, two seats, 58mm Weber carbs. – Owned by Jim Hall since 1956, finished 2nd at Sebring in 1955 (originally thought to have won but lost on a recount, without the hanging chads that bedevil Floridians) driven by Phil Hill and Carroll Shelby. 3rd overall with Hill at the Del Monte Trophy in Pebble Beach later in ’55. Raced for the Hall brothers by Carroll Shelby and later by Jim Hall through 1958. Restored by Hall’s racing mechanic Troy Rogers in the late 90’s. Decent exterior repaint, chassis and inner body panels casually painted Ferrari grey. Engine is orderly but aged. Everything but the bellhousing, lefthand door and starter are original as-delivered by Ferrari in 1955. The caliber of presentation is appropriate to the car’s history and purpose. – Introduced on the block by Jim Hall, thoroughly documented including history and remembrance letters from Phil Hill and Carroll Shelby, this is a rare piece of racing history that has never suffered the erratic maintenance and expedient modifications of most old Ferrari sports-racers. That alone is enough to make it one of the most choice offerings in Monterey, but it is multiplied by 60 years continuous ownership by Jim Hall.Lot # 131 1952 Ferrari 212 Europa Coupe, Body by Pinin Farina; S/N 0263EU; Engine # 0263EU; Light Blue, Dark Blue roof/Light Blue leather; Estimate $1,300,000 – $1,600,000; Older restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $1,100,000 – Chrome spoke wire wheels, Michelin XAS tires, Marchal head and fog lights. – 1953 Geneva and Turin Motor Show Ferrari display car. Owned by Wayne Obry from 1991 to 2000, restored in his Motion Products shop and displayed at Pebble Beach and many Ferrari events. Still a Platinum award winner at Concorso Ferrari in 2015. Very good paint, interior, glass and chrome. Restored like new two decades ago and fastidiously maintained in show quality condition. – When someone in the business of restoring Ferraris does a car for his personal account it epitomizes what the restorer stands for and this Ferrari speaks eloquently of the quality, attention to detail and commitment of the late Wayne Obry’s Motion Products. The restoration’s age is irrelevant and it is not a surprise it didn’t sell at the reported high bid.Lot # 132 2001 Ferrari 550 Barchetta Pininfarina Roadster; S/N ZFFZR52A210124113; Rosso Corsa/Beige leather; Estimate $450,000 – $600,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $375,000 – 6-speed, #145/448, modular wheels, PZero tires, books, helmets, handkerchief top. – 3,345 mile U.S. model. Ferrari Classiche certified. – The seller lost sight of the market in declining to accept the reported high bid, or anything close to it. Despite the low miles this is an appropriate, even slightly generous, offer.Lot # 144 1965 Ferrari 275 GTS Spider, Body by Pininfarina; S/N 07331; Engine # 07331; Red/Cream leather; Black cloth top; Estimate $1,500,000 – $1,750,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $1,400,000 – Chrome spoke Borrani wire wheels, Michelin X tires. – Restored a decade-and-a-half ago and holding up very well. Very good paint with a little shrinkage visible on the cowl. Lightly stretched upholstery with a flaw in the leather on the driver’s seat bolster. Original undercoat in the wheel wells. Clean, sharp engine compartment. Good panel fits and even gaps. – Sold by RM here in 2013 for $990,000 and as good now as it was then but its condition arguably is no better than the reported high bid.Lot # 150 1984 Ferrari 512 BBi Berlinetta; S/N ZFFJA09B000048253; Engine # 00726; Black/Black leather, Grey cloth inserts; Estimate $375,000 – $450,000; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $250,000– Borletti air conditioning, Pioneer cassette stereo, power windows, TRX tires. – Excellent paint, chrome and interior. Restored like new in the early 00’s and preserved in show car condition since. – Despite the quality of the restoration and observed excellent present of the car the catalog mentions only ‘shown at several exhibitions’ with no awards, judging scores or Ferrari Classiche certification. That shortcoming may account for the bidders’ reluctance to spend big. The bid also may reflect the conservative approach to Ferrari values during Monterey this year. It might even reflect both.
Ferraris Sold at Auction in 2016 – Page Thirteen
Lot # 215 1984 Ferrari 512 BBi Berlinetta; S/N ZFFJA09B000050475; Engine # 00890; Red/Black leather; Estimate $240,000 – $280,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $255,000 plus commission of 10.00%; Final Price $280,500 – TRX tires, Alpine CD stereo, power windows, Borletti air conditioning. – Good original paint and interior appropriate to the odometer reading of 3,672 miles. Grey market import for Allen Rivers. Riverside International Automotive Museum. – There were plenty of Maseratis in the Riverside offering today, but only one Ferrari and it brought a modest price considering its originality and low miles.Lot # 217 1967 Ferrari 330 GT 2+2 Series II 2 + 2, Body by Pininfarina; S/N 8787; Engine # 8787; Silver/Black leather; Estimate $350,000 – $450,000; Not evaluated, 2? condition; With Reserve; Hammered Sold at $670,000 plus commission of 10.00%; Final Price $737,000 – Chrome spoke Borrani wire wheels, air conditioning, power windows, power steering, tool kit, jack. – According to the catalog it has just finished a comprehensive restoration. – Sold by Gooding at Pebble Beach in 2013 for $176,000 as an unrestored original restoration project from the estate of Denver Cornett. We didn’t look at this car ’til it came across the RM|Sotheby’s auction block when, mouths agape, we watched it march steadily through RM’s usually optimistic estimate range to a mind-blowing price. It is frequently maintained that buyers should look for the best car they can afford; this may be the best, but its result is far beyond affordable for an otherwise mundane family Ferrari. A beautiful car, its price is double what any reasonable person would think it should be.Lot # 221 1958 Ferrari 250 GT LWB California Spider, Body by Pinin Farina; S/N 1055GT; Engine # 1055GT; Dark Blue/Dark Blue leather; Dark Blue cloth top; Estimate $12,000,000 – $14,000,000; Older restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $9,400,000 – Chrome spoke Borrani wire wheels, covered Marchal headlights, Marchal grille mounted fog lights, full tool roll. – Raced once in period on an airport in Geneva, Florida, finishing 2nd overall. Restored in the mid-90’s, then again in 2014. Fresh high quality repaint, new interior and carpets. – Sold by RM in Arizona in 2014 for $8.8 million before the most recent paint and interior however, enthusiasm for it was limited and it was no surprise it didn’t sell at the reported high bid.Lot # 223 1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Pininfarina; S/N 14189; Engine # B740; Black/Beige leather, Black bars; Estimate $750,000 – $850,000; Unrestored original, 3 condition; With Reserve; Hammered Sold at $700,000 plus commission of 10.00%; Final Price $770,000 – Chrome spoke Borrani wire wheels, Michelin XWX tires, headrest seats, Becker Mexico radio, Silver painted nose panel, popup lights, Veglia air conditioning, power windows. – 22,217 miles from new, 3 owners. Sound original paint buffed through in places and repainted on the hood and trunk. Stress cracks at the hood corners and on the windshield pillars. Cracks on the right front fender. Sound but worn and creased original upholstery. Undercoated underbody. Unexpectedly clean engine compartment is better than the rest of the car. – This Daytona brought a premium price that is more than earned by its history and preservation.Lot # 224 1963 Ferrari 250 GT/L Lusso Berlinetta, Body by Pininfarina; S/N 4415GT; Engine # 4415; Iron Grey/Bordeaux leather; Estimate $2,000,000 – $2,500,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $1,900,000 plus commission of 10.00%; Final Price $2,090,000 – Chrome spoke Borrani wire wheels, Pirelli tires, Marchal head and fog lights, full tool roll – Motion Products’ restoration completed in 2013, FCA Platinum in 2015. Excellent paint, bright chrome, inviting interior. Even gaps flush panels. Underbody was done like new and driven little. Ferrari Classiche certified. – Sold by Gooding at Pebble Beach in 2008 for $627,000 before the most recent restoration and changed hands here today at a price that reflects its history and the quality of its restoration.Lot # 232 1956 Ferrari 250 GT TdF Berlinetta Competizione, Body by Scaglietti; S/N 0507GT; Engine # 0507GT; Silver-Grey/Dark Blue leather; Estimate $7,000,000 – $9,000,000; Older restoration, 2 condition; With Reserve; Hammered Sold at $5,200,000 plus commission of 10.00%; Final Price $5,720,000 – Marchal headlights behind clear plastic covers, grille-mounted Marchal fog lights, courtesy light on the inside mirror, Silver painted wire wheels, Michelin Pilote X tires, carburetor velocity stacks. – Raced in Italy when new including a dnf in the 1956 Mille Miglia. Excellent paint, chrome, bright trim and interior. Driver’s seat is lightly creased. Even gaps and flush panel fits. Clean, orderly underbody and engine compartment. Restored a while ago, 3rd in class at Pebble Beach in 2005, California Mille and Colorado Grand veteran but appears to be little used and meticulously maintained. – Sold to Sam and Emily Mann by Brooks in Monaco in 2000 for $752,954 as a restoration project in unrestored original competition car condition. Now fastidiously restored by David Carte and a sound value at this price for a car that has proven itself both on the road and on show fields.Lot # 239 1990 Ferrari F40 Berlinetta; S/N ZFFGJ34B000087123; Engine # 24573; Rosso Corsa/Red cloth; Estimate $1,200,000 – $1,400,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $1,150,000 plus commission of 10.00%; Final Price $1,265,000 – Air conditioning, Assembly #04292. – Upholstery is lightly stretched and the engine is slightly aged with some chips and scuffs on painted pieces. An original car showing its age but reported freshly serviced at the Danish Ferrari store with new fuel tanks and a belt service. 2,368km from new. – Sitting for fifteen years in a Japanese collection is not the recipe for competent preservation and the seller should be pleased to get this much for this F40.Lot # 240 1962 Ferrari 268 SP Sports Racer, Body by Fantuzzi; S/N 0798; Engine # 0798; Red/Blue cloth; Estimate on request; Competition restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $12,500,000 – RHD. Wraparound Plexiglas windshield, grey painted wire wheels. – Raced by Ferrari at Le Mans in 1962 where it was a dnf. Later raced by NART, then Tom O’Brien who was 1964 SCCA D/M champion with it. Acquired by Pierre Bardinon from Chinetti in 1969. Restored in the mid-80’s to very presentable condition but neither concours nor as it was at Le Mans. Displayed since then in various events. Ferrari Classiche certified. – It’s hard to argue with the decision not to present this V-8 Ferrari, one of two to survive, with its tall full windshield and basket handle airfoil as raced at Le Mans; it’s much prettier with the wraparound Plexiglas windshield and ducktail spoiler. On the other hand, it is possible to question the seller’s unwillingness to accept the reported bid for a car with limited competition success, even a pretty one like 0798.Lot # 243 1964 Ferrari 500 Superfast Series I Coupe, Body by Pininfarina; S/N 5985; Engine # 5985; Blue Scuro/Arancia (orange) leather; Estimate $2,800,000 – $3,400,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $2,500,000 plus commission of 10.00%; Final Price $2,750,000 – Chrome spoke Borranis, Pirelli tires, Motorola AM-FM, overdrive, tool kit, 11-slot fender vents, floor-hinged pedals, overdrive – 1965 Chicago Auto Show display car, first owned by Heineken beer importer Dieter Holterbosch. Fresh, quality repaint in the original color and in exceptional condition for its age, consistent with the 14,107 miles it has covered since it was on the Chinetti stand in Chicago fifty-one years ago. – Sold by Gooding at Pebble Beach in 2013 for $1,980,000 and since repainted only, otherwise original with 580 miles on the odometer since it was last auctioned. It is one of Pininfarina’s best designs, with 400 horsepower to back up the coachwork’s impression of speed and it brought a price here commensurate with its history, condition, beauty and performance.Lot # 244 1969 Ferrari 365 GTC Coupe, Body by Pininfarina; S/N 12141; Engine # 12141; Burgundy/Tan leather; Estimate $750,000 – $850,000; Recent restoration, 2- condition; With Reserve; Hammered Sold at $620,000 plus commission of 10.00%; Final Price $682,000 – Custom Autosound modern stereo, centerlock alloy wheels, power windows, Michelin XWX tires. – Excellent paint, chrome and inviting but lightly soiled upholstery. Underbody and chassis restored like new then driven a little. Engine compartment is like new with no evidence of use. It benefits from nearly continuous attention to appearance and operation since the turn of the century, and shows it. – This is more car than the money it brought even though it is not a fresh, pristine restoration. The new owner got a quality automobile for a modest price.
Ferraris Sold at Auction in 2016 – Page Fourteen
Lot # 245 1968 Ferrari 206 GT Dino Coupe, Body by Pininfarina-Scaglietti; S/N 00298; Red/Black vinyl, Grey cloth inserts; Estimate $700,000 – $825,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $625,000 plus commission of 10.00%; Final Price $687,500 – Cromodora wheels, ANSA exhaust, Carello halogen headlights. – Freshly restored and better than showroom condition. – A quality car in impeccable condition, this Dino 206 was a sound buy at this price.
Lot # 21 1981 Ferrari 308 GTSi Spider; S/N ZFFAA02A7B0037199; Engine # 01336; Red/Beige leather; Estimate $120,000 – $145,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 – Power windows, Borletti air conditioning, leather rim steering wheel, TRX tires, owner’s manual, pouch, keys, tools, jack. – 3,177 km from new with only two owners. Very clean and like new, in, out and under. Belt serviced 19 months ago – This is a serious premium for originality and preservation applied to a model that is enjoying a renewed interest among collectors. Is it expensive? Yes, it surely is, but to the bidders at Quail Lodge with its low miles, known history and remarkable preservation it must have been realistic and that’s what it takes to create a market. Had it been dirty and scrungy would it have brought more?Lot # 33 1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 14203; Engine # B996; Giallo Dino/Black leather; Estimate $600,000 – $750,000; Older restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $520,000 – Borrani wire wheels, BFG Radial T/A tires, Ansa exhaust, Momo leather-wrapped steering wheel, power windows, air conditioning, Veglia dash clock, fire extinguisher. – Reportedly one of just 12 in this color. 2015 Copperstate 1000 participant. Recent mechanical refurbishment. Ansa stickers coming off. Lightly scratched window frames. Dirty wheels. A few noticeable chips right at the front of the nose. Big chip right below the passenger’s side door. Rubber bumper strips aren’t straight on the back. Lightly worn interior. Really an event car for driving, and there’s nothing wrong with that, but it’s quite a ways away from perfect. – There is no shortage of Daytonas for sale, both around the world and on the Monterey Peninsula this week (there were seven), and prices reflect the generous supply. The seller might have hoped for more for this flawed but honest example, but the bidders weren’t going to pay it and now the seller must continue to look for a buyer willing to accept the car’s age and use.Lot # 56 1968 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina; S/N 11781; Engine # 11781; Red/Black leather; Estimate $225,000 – $275,000; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $185,000 plus commission of 10.00%; Final Price $203,500 – Chrome spoke Borrani wire wheels, Michelin X tires, BeckerEuropa AM-FM, halogen headlights, power steering, power windows. – Originally Marrone Colorado (i.e., Brown) over Beige leather. Serviced in 2015. Chrome polished, repainted, reupholstered. Steam cleaned engine, old undercoat in the wheel wells. Not restored, but looked after to a reasonable extent appropriate to a Queen Mother. – Offered by Bonhams at Scottsdale in January with a reported bid of $215,000 which the seller probably now regrets not taking, or even the increment below it. It’s a usable family driver quality Ferrari with a large [sic] presence and this is a realistic price for it.Lot # 58 1988 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSG17A5J0076213; Engine # 11132; Red/Biscuit leather, Brown accents; Estimate $140,000 – $180,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $118,000 plus commission of 10.00%; Final Price $129,800 – Air conditioning, mouse track belts. – Creaky door hinges, good tires, lightly worn and creased interior. Odometer shows 4,512 miles which is probably correct. – There is a plethora of Testarossas coming to market, an overhang of supply that weighed on this original and well-maintained example. The seller astutely took the money; the buyer got a better than usual but not exceptional value.Lot # 77 1985 Ferrari 288 GTO Berlinetta; S/N ZFFPA16B000056651; Engine # F114B00203; Red/Black leather, Red cloth inserts; Estimate $1,800,000 – $2,200,000; Visually maintained, largely original, 2- condition; With Reserve; Hammered Sold at $1,920,000 plus commission of 10.00%; Final Price $2,112,000 – Air conditioning, power windows, modular alloy wheels, Bridgestone tires, SF shields, original CofO, owner’s manual, warranty card, factory invoice, gov’t paper. – Purchased by Eddie Regner at Maranello, federalized by Berlinetta Motorcars, driven sparingly then put away in the mid-90’s. Offered here by its original owner. The speedometer legend has been changed to miles, but the odometer is said to read in km. Very good paint except for some sags in the left rear fender vents that may have been repainted. Essentially unblemished original upholstery. Even the seatbelts have only the slightest fuzz along their edges. Fresh major service. – Such a pure 288 GTO is rare, let alone one used with such care and attention by someone who knew what he had and knew how to look after it. The bidders here at Quail Lodge recognized it, too, and paid a deserved premium price.Lot # 82 1977 Ferrari 308 GTS Spider; S/N 23173; Engine # 00028; Silver, Black rocker panels/Black leather; Estimate $70,000 – $90,000; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000 – Blaupunkt cassette stereo, Borletti air conditioning, Cromodora alloy wheels, Michelin XWX tires, manuals, pouch, tool kit, jack. – Mediocre old black repaint crazed on the Targa bar. Good replaced upholstery. Some dead, cracked body seals. Clean but aged and unrestored engine. A sound but aged 308. – The condition is indifferent, but the price is nothing if not a bargain for a 308 GTS even with a service that is two years old. There is nothing overtly poor about this 308 GTS, only some things that could have been done better, or done at all. It almost deserves an originality premium except that its early history is not known.Lot # 90 1989 Ferrari F40 Coupe, Body by Pininfarina; S/N ZFFGJ34B000079763; Rossa Corsa/Red cloth; Estimate $1,000,000 – $1,200,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $1,050,000 plus commission of 10.00%; Final Price $1,155,000 – Euro spec, sport seats, 6-point belts, modular wheels, owner’s manual, pouch, dealer directory, service book. – Preserved in a Japanese collection since the early 90’s. Clean and barely used but aged with only 4,476km from new. Last serviced in April 20-13 with 3,500km. Ferrari Classiche certification submitted. – F40s crossed the seven figure threshold about four years ago and have stabilized in low seven-figures ever since. This is a representative result.
Lot # 95 2014 Ferrari LaFerrari Coupe; S/N ZFF76ZFA0E0206526; Rossa Corsa, Black roof/Red leather; Black Alcantara inserts; Estimate $3,600,000 – $4,200,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $3,350,000 plus commission of 10.00%; Final Price $3,685,000 – 6262/800hp, 963hp hybrid powertrain, 7-speed dual clutch paddle shift, chipguarded nose, carbon fiber interior trim, SF shields, factory warranty, no Ferrari restrictions. – 230 miles and like new. One of 120 U.S. spec LaFerraris built. – Accustomed to throttle blips and aggressive exhausts from Ferraris [of which not a few were here at Bonhams’ Quail Lodge auction], the LaFerrari is a new experience. It motored in from a test drive burbling quietly, stopped, then proceeded silently back to its preview location on full electric power. Even a golf cart makes its presence more apparent. Unlike a Tesla, it can be fueled at a Unocal station in a matter of minutes and will lap Laguna Seca on an FCA track day in a heartbeat [my old heart would probably have to be rebooted upon experiencing its performance.] This was the less expensive LaFerrari in Monterey … but the other one was Darth Vader Black. Market value? This is it in the absence of other results, about 2.5 times more than the $1.4 million it cost new if you had the standing to get one.Mecum Monterey 2016 – Auction Report
Lot #F82 1967 Ferrari 330 GTC Coupe, Body by Pininfarina; S/N 9955; Red/Cognac leather; Estimate $600,000 – $750,000; Cosmetic restoration, 2- condition; Not sold at Hammer bid of $550,000. With Reserve. Becker Europa radio, power windows, chrome spoke Borrani wire wheels, Michelin X tires, air conditioning. – Good, paint, chrome, panel fits and inviting upholstery. Even gaps and flush panel fits. Wheel wells have old undercoat and the bottom of the engine compartment is dirty with some surface rust on fasteners. Represented as 45,863 miles from new. Looks prettier from five feet than deep inside but more than good enough to drive. – Offered at Mecum’s Kissimmee auction in January of this year with a reported high bid of $600,000. Its odometer shows 49 more km now than it did then. Giving it rides across country is not enhancing its value.
Ferraris Sold at Auction in 2016 – Page Fifteen
Lot # F141 1973 Ferrari 365 GTB/4 Daytona Coupe, Body by Pininfarina-Scaglietti; S/N 16109; Yellow/Black leather; Estimate $650,000 – $800,000; Older restoration, 2- condition; Not sold at Hammer bid of $650,000. With Reserve. Chrome spoke Borrani wire wheels, Michelin XWX tires, Veglia air conditioning, power windows, Alpine cassette stereo, power windows, painted nose panel, popup lights. – 48,800 miles. Very good paint, chrome and interior. Original undercoat in the wheel wells. Orderly, lightly used engine compartment. FCA Platinum in 1998, preserved since. – Reported a no-sale by Mecum despite meeting the low estimate, it had been offered at Kissimmee in January with a reported bid of $800,000. The Daytona market hasn’t taken that much of a hit in eight months, but this car could have been sold for the reported high bid here, or anything close to it.Lot # F141.1 1973 Ferrari 246 GTS Dino Spider, Body by Scaglietti; S/N 06158; Red/Beige leather, Black bars; Estimate $300,000 – $400,000; Unrestored original, 2- condition; No Result or VIN, Probably no-show. – Daytona seats, Cromodora alloy wheels, Michelin XWX tires, Becker Grand Prix stereo, power windows, Borletti air conditioning. – Very good paint and lightly creased original upholstery. Original undercoat in the wheel wells. Decent chrome. Represented as 12,500 miles and looks the part. – Viewed on-site but no result shown by Mecum on this or any other lot number. Car card appears to have had a transposition error presenting the chassis number as 06518, which may have contributed to the non-appearance. It was sold by RM here in Monterey in 2014 for $440,000.Lot # F186 1981 Ferrari 308 GTBi Coupe, Body by Pininfarina; S/N ZFFAA01A7B0036913; Rosso Rubino/Tan leather; Estimate $90,000 – $130,000; Unrestored original, 3+ condition; Not sold at Hammer bid of $90,000. With Reserve. – Cromodora wheels, Michelin XWX tires, air conditioning, cassette stereo, power windows, tool roll. – Paint has a few minor chips around trunk and door openings as well as polish swirl, the finish is very well cared for otherwise. Trim has some scratching and the weather stripping is starting to age and tear. Engine compartment is aged but well cared for mechanically, but needs detailing. Interior is original and the driver’s seat is aged noticeably and the carpet is a bit faded. Recently received a major service and represented with documentation, it’s a 7,900-mile car that could be better but isn’t bad. – Offered at Auctions America’s Ft. Lauderdale auction in April with a reported high bid of $85,000. The consignor got a little higher here and reached the pre-sale low estimate but the car still didn’t change hands in a transaction that begs understanding. This car should have been gone in a New York Minute.Lot #S98 1972 Ferrari 246 GTS Dino Spider, Body by Scaglietti; S/N 03792; Engine # 0009472; Bordeaux, , Black painted roof panel/Black vinyl; Estimate $375,000 – $425,000; Unrestored original, 3- condition; Hammered Sold at $330,000 plus commission of 10.00%; Final Price $363,000. With Reserve. Cassette stereo, Cromodora wheels, Michelin X tires, cassette stereo, headrest seats, owner’s manuals, technical manual, jack, tool kit. – U.S. spec car, single family owned from 1976-2016 with 13,626 miles. A 2016 FCA National Preservation Award and Platinum winner. Peeling original paint, sound original interior, surprisingly good dashtop and major chrome. Clean original engine, chassis and underbody. Weak trim chrome. Said to be recently serviced and prepped, and looks like the latter. – Not too good to drive, but too good to restore, the combination of attributes coupled with the documented recognition of its quality and preservation by experts makes this a desirable Dino and a moderate price.Lot # S110 2014 Ferrari LaFerrari Berlinetta; S/N ZFF76ZFA8E0207195; Black; Unrestored original, 2 condition; Hammered Sold at $4,700,000 plus commission of 10.00%; Final Price $5,170,000. With Reserve. – 211 miles and like new. One of three LaFerraris delivered in black. A new car. – Based on the results here and at Bonhams the premium for black in a LaFerrari is $1,350,000 on the hammer, a staggering differential. But Bonhams was on Friday and if you wanted a LaFerrari in Monterey this was the last chance to get it as the original LaFerrari purchasers loosen up their bank balances and clear out their garage space for an upcoming Aperta.Lot # S115 1967 Ferrari 275 GTB/4 Berlinetta, Body by Pininfarina-Scaglietti; S/N 10717; Engine # 10717; Grigio Mahmoud/Tan leather; Unrestored original, 3+ condition; Not sold at Hammer bid of $2,850,000. With Reserve. Centerlock alloy wheels, dual mirrors, Blaupunkt AM/FM radio in addition to a later underdash AM/FM radio, dash clock, manuals, tool roll. – All original except for one repaint in the 1970s and a replacement odometer. Badly fading finish in some spots, particularly on the front. Crazing on the nose. Big chips at the back of the driver’s door. Fairly worn original seats, but the rest of the interior is quite good and well preserved. Clean used engine bay and underbody. Purchased in 1970 by Ferrari mechanic Terry Myr and kept by him until 2015, so it is reasonable to assume it’s as sound mechanically as it is cosmetically. – Offered by Mecum at Kissimmee in January of this year where it was reported bid to $2.8 million. How many more times will it have to cross the auction block before the consignor recognizes the message in the tea leaves?Lot # S125 1981 Ferrari 512 BB Berlinetta; S/N 36777; Black/Beige leather, Black bars; Estimate $375,000 – $450,000; Unrestored original, 2- condition; Not sold at Hammer bid of $330,000 – Reserve. Michelin XWX tires, headrest seats, Pioneer cassette stereo, Borletti air conditioning, power windows. – Represented as 2,460km from new with its original tires. Very good original paint and barely surface creased original upholstery. A survivor of rare quality and condition. – Eighteen months ago this bid would have been seized with alacrity. Now it’s not enough to bring the auctioneer’s hammer down. On account of its originality it is a honest $400K car and would be an understandable indulgence for even a little more if only on account of its originality and low miles.Lot # S127.1 2003 Ferrari Enzo Berlinetta; S/N ZFFCW56A830133927; Black/Black leather; Unrestored original, 2 condition; Not sold at Hammer bid of $2,150,000. With Reserve. – U.S. spec car, one of four black Enzos. – The reported high bid is realistic even for the rare color.Lot # S158.1 2014 Ferrari 458 Challenge Coupe; S/N ZFF1NXX000201323; White “Ferrari of Vancouver”, , Matte black/Red cloth; Estimate $200,000 – $400,000; Competition car, original as-raced, 2 condition; Not sold at Hammer bid of $200,000. With Reserve. – Unused with 30 km. – None of the two 458 Challenge cars on offer at Mecum sold, even though this one reached its low estimate.
Lot # S663 1970 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina; S/N 13109; Argento Metallizzato/Nero leather; Cosmetic restoration, 2- condition; Hammered Sold at $315,000 plus commission of 10.00%; Final Price $346,500. With Reserve. – Borrani wheels, Blaupunkt radio, includes tool kit and jack. Documented by Marcel Massini. – Bought new by by film producer Albert Broccoli of James Bond fame. Excellent paint and body lines. The bumpers are in very good condition, but the door handles are tarnished, the window frames are scratched and the Borrani wheels are pitted all around the centers. The engine compartment is very clean while the underbody is aged. Inside, the carpet and wood is in good condition, while the driver’s seat is mildly distressed. Never fully restored, but consistently maintained and got major cosmetic attention when necessary. – No Aston Martin for Cubby Broccoli. This car was sold by Gooding at Scottsdale in 2015 for $374,000, then again in 2016 for $310,000. The seller here did well to come out at breakeven (before commissions and costs.)
Lot # 1 1989 Ferrari 328 GTB Coupe, Body by Pininfarina; S/N ZFFXA19A5K0082566; Red/Tan leather; Estimate $125,000 – $150,000; Unrestored original, 2- condition; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500. No Reserve. – Air conditioning, power windows, CD stereo, factory alloy wheels, Michelin Pilote SX tires. – 22,331 miles, all original and nearly like new with only the slightest evidence of use or age. – Based on results here in Monterey this is at the top of the value range for a sound 328 GTB with some miles on it.Lot # 5 1984 Ferrari 512 BBi Berlinetta, Body by Pininfarina; S/N ZFFJA09B000049257; Silver/Black leather; Estimate $375,000 – $450,000; Older restoration, 2- condition; Hammered Sold at $285,000 plus commission of 10.00%; Final Price $313,500. With Reserve. – TRX tires, Pioneer cassette stereo, Borletti air conditioning, power windows, dual outside mirrors, original tools, owner’s manual, sales invoice. – Not California emission compliant. Very good paint and upholstery. Good original interior trim. Underbody is nearly like new. A quality, thoughtfully restored Boxer with three owners from new. FCA Southwest Region Platinum award in 2006 and still in very good, well maintained condition. – Sold for 76% of its low estimate, a price that is in line with the other 512 BBs and BBis in Monterey. At the rate these berlinettas’ values are falling someone almost ordinary might be able to buy one soon. When that happens values will stabilize at levels that match the rarity, design and performance of these cars.Lot # 33 1959 Ferrari 250 GT LWB California Spider Alloy, Body by Pinin Farina/Scaglietti; S/N 1603GT; Engine # 1603GT; Estimate $18,000,000 – $20,000,000; Older restoration, 2- condition; Hammered Sold at $16,500,000 plus commission of 10.00%; Final Price $18,150,000. With Reserve. – Chrome spoke Borranis, central rear outside filler cap, right door number light, bumpers included but not installed, alloy body, covered headlights, grille-mounted fog lights. – The first disc brake California Spider, raced at Nassau in 1959-1960 and at Sebring 1960 finishing 5th overall. Motion Products restoration in the late 80’s, cosmetically freshened by Bob Smith in 2011. Still excellent paint, chrome and interior. Chassis restored like new. Vinyl graphics. Ferrari Classiche certified. Dusty underbody. – Sold by Gooding here in 2010 for $7,260,000 before the most recent cosmetic work by Bob Smith Coachworks but even taking that considerable expense into account this is a serious price, effectively doubling its value in six years. What it has that others don’t is a credible racing history and particularly effective livery that highlights the lines of the highly regarded Pinin Farina designed body.Lot # 40 1967 Ferrari 275 GTB/4 Berlinetta, Body by Scaglietti; S/N 10497; Engine # 10497; Nocciola/Black leather; Estimate $3,200,000 – $3,600,000; Cosmetic restoration, 2- condition; Hammered Sold at $2,950,000 plus commission of 10.00%; Final Price $3,245,000. With Reserve. – Chrome spoke Borrani wire wheels, Michelin XWX tires, Lucas headlights. – Very good older paint, bright chrome. Good, lightly worn and stretched original upholstery. Aged but clean and orderly underbody. Clean, orderly older restored engine compartment. Freshened cosmetically since last seen. – Sold by Gooding here in 2008 for $1,430,000 and thoughtfully maintained and preserved since then with 1,546 more miles showing on the odometer. The new owner paid a representative price for a car that can be driven without undue concern for bug splatter while enjoying its unusual color that will stand out in the usual Rosso line.Lot # 56 1960 Ferrari 250 GT SWB Competizione Coupe, Body by Pinin Farina/Scaglietti; S/N 1759GT; Engine # 1759GT; Red/Black leather; Estimate $15,000,000 – $18,000,000; Competition restoration, 2 condition; Hammered Sold at $12,272,727 plus commission of 10.00%; Final Price $13,500,000. With Reserve. – Grey painted Borrani wire wheels, Michelin Pilote X tires, SNAP exhaust tips, Marchal headlights and grille-mounted fog lights, cold air box, no front bumper, hood-mounted clear bug deflector. – NART entry at Le Mans 1960 driven by Ed Hugus and Augie Pabst, 4th in class, 7th overall. Restored by GTO Engineering in 2005. Sharp, clean, orderly historic race car now prepared for road use. The original engine sounds great and strong through its SNAP extractors. Dull aluminum bumpers, dented rear bumper. – Bid to $13,500,000 on the block and closed later at this negotiated price. Had the seller accepted the original bid, or even the one before it, the price would have been considerably higher after commissions, and the seller would have avoided a haircut. An opportunity missed for the seller but a chance of a serious bidder to make an advantageous off-the-block deal.Lot # 61 1968 Ferrari 330 GTC Coupe, Body by Pininfarina; S/N 11543; Engine # 11543; Blue Ribot/Black leather; Estimate $625,000 – $675,000; Unrestored original, 3- condition; Hammered Sold at $500,000 plus commission of 10.00%; Final Price $550,000. With Reserve. – Centerlock Campagnolo alloy wheels, Michelin X tires, Blaupunkt cassette stereo, power windows, Marchal halogen headlights. – Dusty, musty barn find with a solid body. The paint should be readily shined up and the interior is sound but smelly offering the new owner the opportunity to enjoy it after cleaning it up and having comprehensive mechanical work to put it back into drivable condition. A little air freshener in the interior will go a long way. – Too good to restore, which at this price isn’t realistic to contemplate anyway. It will be expensive enough to get running but then should be a good driver and opener for conversations. Not expensive, but close.Lot # 64 1960 Ferrari 250 GT Coupe, Body by Pinin Farina; S/N 1743GT; Engine # 1743GT; Silver-Grey/Red leather; Estimate $800,000 – $1,000,000; Recent restoration, 2+ condition; Hammered Sold at $840,000 plus commission of 10.00%; Final Price $924,000. With Reserve. – Overdrive, chrome spoke Borrani wire wheels, Michelin X tires, Blaupunkt multiband radio, carburetor velocity stacks, Michelin headlights and single center-mounted fog light, books, tool roll, build sheet copy. – First delivered to Peter Daetwyler, a Swiss living in Beverly Hills. Restored starting in 2011 in its original colors. May 2016 FCA Concorso Ferrari Platinum Award winner. Excellent paint, chrome and interior. Freshly restored to showroom condition with better paint and upholstery. Spotless engine compartment. – In addition to its meticulous restoration this Ferrari has some unique features installed by Ferrari for Daetwyler including the center-mounted fog light, velocity stacks, high lift camshafts, limited slip, boosted brakes, high beam flashing switch and more. It stands tall among Pf Coupes and brought a superior price appropriate to the car and its condition.Lot # 68 1950 Ferrari 166 MM Berlinetta, Body by Touring/Zagato; S/N 0046M; Engine # 0046M; Red/Black; Estimate $6,000,000 – $8,000,000; Unrestored original, 4 condition; Hammered Sold at $4,950,000 plus commission of 10.00%; Final Price $5,445,000. With Reserve. – RHD. Silver painted Borrani wire wheels, Pirelli tires, Plexiglas side and rear windows, old Guide T-3 headlights, quick release fuel fill through the rear window. – Built as a barchetta by Touring, raced by Nuccio Bertone with Luigi Casalegno in the 1950 Mille Miglia to 14th overall, 3rd in class. Updated by Ferrari for 1951. 1952 Italian 2-liter Champion with Emilio Giletti. Updated for the next owner, Luigi Bosisio, by Zagato with a modified nose and berlinetta roof. Went through a Chevy V-8 phase in the U.S. and recently reunited with its original engine. Peeling old paint over lumpy body. Dull bright trim. Cracked old tires. Needs everything. – The future holds intriguing possibilities and challenges for this early, historic competition Ferrari. Restore or preserve is only the first decision. Getting Ferrari Classiche on board with the modified, but 1953 Mille Miglia running, Zagato roof is another challenge. It’s going to be a thrill ride, but with plenty of rewards along the way and when it’s settled the resulting Ferrari might even be worth the rather optimistic low end of the pre-sale estimate.Lot # 69 1972 Ferrari 365 GTB/4 Daytona Shooting Brake, Body by Panther Westwinds; S/N 15275; Black/Tan leather; Estimate $750,000 – $1,000,000; Unrestored original, 3+ condition; Not sold at Hammer bid of $620,000. With Reserve. – Chrome spoke Borrani wire wheels, Michelin XWX tires, power windows, Blaupunkt radio, Veglia air conditioning, popup lights, gullwing doors on the rear compartment. – Coachwork design created by Luigi Chinetti, Jr. for Bob Gittleman. Good older paint, chrome and attractive upholstery. Old undercoat in the wheel wells. Paint prep wave over the left rear wheel and a pair of scrapes over the right front. – A former owner observed that an employee once called this one-off ‘a pet hearse’, meaning no disrespect, of course. It is an intriguing Daytona with a long auction history: sold by Bonhams at Gstaad in 2005 for $261,861 and in Dubai in 2010 for $300,000 with two no-sales in its history as well. It has survived well over the years and was bid to a respectable price even if it didn’t find a new owner.Lot # 71 1973 Ferrari 246 GT Dino Coupe, Body by Scaglietti; S/N 06686; Black, , Red coachline/Black vinyl; Estimate $400,000 – $500,000; Unrestored original, 4+ condition; Hammered Sold at $290,000 plus commission of 10.00%; Final Price $319,000. With Reserve. – Factory flared fenders, Dino seats, flared wheel arches, Campagnolo wheels, Blaupunkt cassette stereo, halogen headlights. – Poor older repaint over the original Giallo Fly. Dirty and stored many years. Sound original upholstery showing its age. Given only minimal mechanical attention since it was taken from storage earlier this year, enough to get it across the auction block, but not much farther. – The ‘barn find’ history and unusual original color and options specification notwithstanding, this Dino needs a lot and was bought as the restoration project it is, not some preservation object to be trailered from show to show while carefully preserving its coating of dust. It was bought reasonably for its condition but this is only the first of a string of check the new owner will be cutting for it.
Ferraris Sold at Auction in 2016 – Page Seventeen
Lot # 77 1966 Ferrari 330 GT SII Coupe 2+2, Body by Pininfarina; S/N 7857; Engine # 7857; Red/Black leather; Estimate $275,000 – $325,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $225,000 plus commission of 10.00%; Final Price $247,500. With Reserve. – Chrome spoke Borrani wire wheels, Pirelli tires, Blaupunkt pushbutton radio. – Good repaint, chrome and lightly stretched upholstery. The underbody is original, chassis is oily and road grimy. The top of the engine is dry, orderly and aged. An honest but aged car. – Documented as a ‘concours-level restoration’, its presentation didn’t live up to the description, even giving allowance to the twenty years since it was done. It is a sound and usable driver that brought an appropriate price.Lot # 108 1960 Ferrari 250 GT Cabriolet SII, Body by Pinin Farina; S/N 2143GT; Engine # 2143; Shell Grey, , Dark Grey hardtop/Red leather; Black cloth top; Estimate $1,500,000 – $2,000,000; Older restoration, 2- condition; Post-block sale at $1,363,636 plus commission of 10.00%; Final Price $1,500,000. With Reserve. – Overdrive, Borrani wheels with Michelin tires, hardtop included, Ansa exhaust, tool roll, woodrim steering wheel, two tops. – Single family owned since 1963 and restored by the consignor, completed in 2000. Displayed at Pebble Beach in 2007. The paint is very smooth with a deep shine. The passenger door is aligned a tad high for the body line, and left rear turn signal lens is cracked. The brightwork is very clean and shiny with the exception of the windshield and hardtop window trim which are mildly tarnished. The engine compartment is very organized and clean. The underbody shows the most use. The exhaust is new while the undercoating is peeling off of the transmission crossmember and the wheel wells are dirty. The interior is very tidy and only the driver’s seat has stretching from use. A very pretty restoration done in the late 1990s and regularly enjoyed since. – This deal was put together after it crossed the block on a high bid of $1,350,000 at a realistic price that recognizes both its quality and its history. The result is fair to both the buyer and the seller.
Lot # 119 1985 Ferrari 288 GTO Berlinetta, Body by Scaglietti; S/N ZFFPA16B000057481; Red/Black leather, Red cloth inserts; Estimate $2,250,000 – $2,750,000; Unrestored original, 2- condition; Hammered Sold at $2,200,000 plus commission of 10.00%; Final Price $2,420,000. With Reserve. – Blaupunkt cassette, air conditioning, power windows, Grey-market car federalized by Berlinetta Motorcars. – 12,826 miles from new and barely used. Red seat cushion inserts are sun fading to orange. The underbody shows some road miles and slight line of exterior overspray that suggests a front left corner repair. – Very few 288 GTOs have such a clear, unblemished, high quality history as this, yet it brought only a small premium over most, and less than some with less distinct histories. 288 GTOs cracked seven figures only about 3 years ago and continue to demonstrate strength. There are no exotic driver aids in these cars, making them a pure driver’s supercar even with [only] 400hp.Lot # 121 1962 Ferrari 250 GT SWB Coupe, Body by Scaglietti; S/N 3359GT; Engine # 3359; Silver/Red leather; Estimate $10,000,000 – $12,000,000; Recent restoration, 2+ condition; Not sold at Hammer bid of $9,300,000. With Reserve. – Chrome spoke Borrani wire wheels, Michelin tires, Marchal headlights and grille-mounted fog lights. – Ferrari Classiche restored in 2011, Red Book certified. Excellent paint, chrome and interior. Impeccable body work and meticulous fits. The bright lipstick red interior is jarring but attention getting. [Only] seventeen known owners from new, no competition history. – Failing to accept the reported high bid, let alone not negotiating with Gooding & Company on the commission to arrive at a realistic compromise may turn out not to have been a good idea. Or, it could be that Charlie Ross didn’t have a living bidder close enough to persuade.
Lot # 132 1956 Ferrari 250 GT Boano Coupe Alloy, Body by Boano; S/N 0613GT; Red, , Black roof/Tan leather; Estimate $1,500,000 – $2,000,000; Recent restoration, 2- condition; Hammered Sold at $1,350,000 plus commission of 10.00%; Final Price $1,485,000. With Reserve. – Borrani wire wheels, Cinturato tires, dual mirrors, Marchal headlights and driving lights, Fall-Line Motorsports roll bar covered in leather, 4-point belts, IPRA heater, fire system, tool roll. – One of just 14 alloy-bodied Boanos, first owned by George Arents, later raced by Bob Grossman at Nassau in 1958 and Lime Rock in 1959. Wheel weights held on with shiny duct tape on the right rear wheel. Even gaps. Paint and chrome are excellent. Some light pitting and scratches on the original steering wheel. Otherwise the interior is fantastic. Missing fastener in the front left wheel well. Crack in the right taillight lens. Taillight gaskets are dry and cracking. Underneath is very good but lightly used. At first glance it looks like a concours car, but up close it shows its fair share of wear and use, although none of it is in the all-important paint and chrome. The modern equipment is an odd choice for such a rare alloy-bodied car, and may not be to many collectors’ tastes. First restored in the 1980s, then restored again in the 2000s and displayed at The Quail and ran the Colorado Grand and California Mille. – This would be an expensive result but for the fact that it’s an alloy body. In this event it is moderately, but appropriately, priced considering its modifications.Lot # 146 1968 Ferrari 330 GTS Spider, Body by Pininfarina; S/N 10913; Engine # 10913; Silver/Red leather; Black cloth top; Estimate $2,700,000 – $3,000,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $2,275,000 plus commission of 10.00%; Final Price $2,502,500. With Reserve. – Chrome spoke Borrani wire wheels, Michelin XWX tires, Blaupunkt multiband radio, power windows. – First delivered to Bill Harrah for his then-wife, singer Bobby Gentry, fitted with a unique Targa-style roof in Harrah’s shop. Sold to Bob Donner, passed to Donner’s son and then to the previous owner who returned it to standard 330 GTS configuration as built by Ferrari. 27,106 miles from new. Very good recent repaint, exceptional original upholstery. Orderly, detailed but not restored engine compartment and underbody. A significant and very well preserved car. – Mecum offered this Ferrari here in Monterey a year ago when it was reported bid to $2.5 million. It has been driven a little since then (57 miles according to the odometer) but otherwise is as it was then. As noted a year ago, its value might have been enhanced had the distinctive Harrah’s Targa-hoop seen on the cover of R&T been retained, but it is a reasonable buy at this price considering its condition and history.Lot # 149 1975 Ferrari 365 GT4 BB Berlinetta, Body by Scaglietti; S/N 18635; Engine # 00358; Dark Blue, , Matchlock sills/Black leather; Estimate $525,000 – $575,000; Visually maintained, largely original, 3+ condition; Not sold at Hammer bid of $460,000. With Reserve. – Centerlock alloy wheels, Michelin XWX tires, cassette stereo, power windows, Borletti air conditioning, books, tools. – Represented as 7,716km from new with a good repaint and original interior. Original engine compartment with oil mist and some road grit. Clean original engine compartment. Ferrari Classiche certified. – This highly original, low mileage berlinetta would be a good value at even a bit more than the reported high bid.Lot # 159 1974 Ferrari 246 GTS Dino Spider, Body by Scaglietti; S/N 07906; Silver/Bright Blue leather, Black bars; Estimate $350,000 – $425,000; Visually maintained, largely original, 3+ condition; Not sold at Hammer bid of $310,000. With Reserve. – Campagnolo alloy wheels (Cromodora spare), Michelin XWX tires, Borletti air conditioning, power windows, tool roll, jack, owner’s manual, parts catalog, service book, U.S. supplement. – Good repaint and an otherwise sound and attractive original car. The color combination is a little startling, but says ‘Seventies’. – Dinos weren’t meeting the generous expectations of their consignors in Monterey although this result is right in line with the others and might have been accepted by a consignor more willing to recognize that conditions have changed.
Lot # 233 1987 Ferrari Testarossa Coupe; S/N ZFFSG17A8H0073607; Rossa Corsa/Tan leather; Estimate $90,000 – $125,000; Unrestored original, 3+ condition; Hammered Sold at $78,000 plus commission of 10.00%; Final Price $85,800. With Reserve. – Air conditioning, books and tools. – Good, complete original car showing age and use appropriate to the 30,626 miles. Two owners from new, the most recent since 1992. Reportedly belt serviced five years and 5,000 miles ago – An excellent contrast to most of the multi-owner, foggy history Testarossas out there, it brought a reasonable price as Testarossa values have accelerated their appreciation in recent years. It is a good value at this price.Lot # 236 1979 Ferrari 308 GT4 Dino 2 + 2; S/N 15220; Marrone (Brown)/Tan leather; Estimate $65,000 – $75,000; Visually maintained, largely original, 3- condition; Hammered Sold at $52,500 plus commission of 10.00%; Final Price $57,750. With Reserve. – Borletti air conditioning, power windows, sliding sunroof, Blaupunkt cassette stereo, new Michelin XWX tires, books, jack, tool kit, service book. – Quick old repaint ith clearcoat cracking along its edges, possibly badly clearcoated over the original paint. Surface cracked, sound original interior. Clean original underbody that is appropriate to the 14,199 claimed original miles on the odometer. Slightly dull original bright trim. Clean, orderly engine compartment. A surprisingly good and largely original GT4. – Originality trumped the model’s inherent desirability at this result and brought a superior price that is well supported by the car’s preservation and low miles.
Lot # 731 1991 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSM17A0M0088380; Black/Black leather; Unrestored original, 2- condition; No Reserve; Hammered Sold at $61,000 plus commission of 10.00%; Final Price $67,100 – Speedline wheels, Momo leather-wrapped steering wheel, power windows, air conditioning. – Engine bay is dirty and worn by Ferrari standards, but presentable. Wear on the rim of the steering wheel but otherwise very good original interior. Good, not perfect original paint with a handful of chips on the nose. Showing 47,925 km. Delivered new in Canada. CARFAX shows accident in 2002 but no vehicle damage. Not the best, but appealing for someone who wants a TR to drive and enjoy. – The cheapest Testarossa at auction this year and perhaps it deserves to be, but it could have brought closer to 80 grand without being expensive.
Ferraris Sold at Auction in 2016 – Page Eighteen
Lot # 753 1995 Ferrari F355 Spider, Body by Pininfarina; S/N ZFFPR48A7S0103400; Yellow/Black leather; Unrestored original, 3+ condition; No Reserve; Hammered Sold at $63,000 plus commission of 10.00%; Final Price $69,300 – Nitto tires, Tubi exhaust, black leather boot cover, power windows, air conditioning, Alpine CD stereo. – Right rear wheel has a big scrape and some curb rash. Light dings on all four wheels. Several noticeable chips on the nose and another big one on the right front fender. Small crack to the right of the engine cover. Lightly wrinkled seats and the plastic on top of the temperature controls is starting to warp. Recent $35k engine-out service with new clutch and exhaust. CARFAX shows accident in 1999, but there’s no noticeable damage or sign of repair. This car really should be better given the 33,582 miles on the odometer and the money spent on it. The gated manual makes it more desirable, but this is nothing but a driver quality 355. – 355 prices have risen over the past year and this car’s recent service was a selling point. This would have been an expensive price if not for the 6-speed manual. Back then, the majority of Ferrari drivers still ordered their cars without paddles, but manual cars still command a huge premium. Factoring in those pluses as well as the several flaws and red flags, this was a roughly appropriate price. The new owner won’t be able to enjoy that recent service for too long, though, because Ferrari recommends a belt service (engine-out) every three years to keep those five valves from making impressions on the piston crowns.
Lot # 109 1984 Ferrari 400iA 2-Dr. Sedan; S/N ZFFEB06000048611; Silver/Beige leather; Estimate $15,000 – $25,000; Original, modified for competition or performance, 3- condition; No Reserve; Hammered Sold at $28,000 plus commission of 10.00%; Final Price $30,800 – Blaupunkt cassette stereo, twin turbochargers, air conditioning. – Clearcoat buffed through on the roof. Water damaged package shelf covering. Sound, cushy original interior. Frightening spaghetti mass of tangled wiring under the dash. Surprisingly orderly engine compartment that shows care and thought put into the conversion. A scary mess of problems waiting to cost money to fix. – The consequences of owning this twin turbo 400iA are frightening to contemplate, a constant succession of issues face the new owner, with no owner’s manual, no workshop manual or any other reference to try to solve them. A Chevy LS crate engine under the hood sounds good, but at this price why bother? It is underwater until the day it dies (which may not be very far off.)Lot # 129 1979 Ferrari 308 GTS Spider; S/N 27895; Red, Black vinyl roof panel/Black leather; Estimate $130,000 – $150,000; Visually maintained, largely original, 3+ condition; With Reserve; Not sold at Hammer bid of $72,000 – Pioneer cassette stereo, air conditioning, Pirelli P6 tires. – Good repaint, recently replaced upholstery. orderly unrestored engine. Clean, original underbody. A clean, well maintained cosmetically redone car that claims a full service including belts, but doesn’t say when it was done. – The Hilton Head bidders were just not spending generously on Ferrari this weekend, holding back to wholesale prices, or below, while the sellers were expecting full retail. This was one of the better examples and it should have brought considerably more.Lot # 135 1984 Ferrari Mondial QV Cabriolet; S/N ZFFUC15A1E0049975; Red, Black leather/Black cloth; Estimate $40,000 – $50,000; Unrestored original, 3+ condition; With Reserve; Not sold at Hammer bid of $24,500 – Sony cassette stereo, Kumho tires, air conditioning. – Sound original paint with a few edge chips. Sound original upholstery with a scuffed driver’s seat bolster. Dirty original engine compartment and underbody. Top is sound except for two scuffs from folding on the left side. Worn old side window seals that will ensure good ventilation. – A Mondial is one of the most reasonable ways to drive a Ferrari, but not as reasonably as the Hilton Head bidders wanted it to be. While it has noticeable flaws it is sound and ran well and should have brought over $30,000.Lot # 173 1983 Ferrari 512 BBi Berlinetta, Body by Pininfarina-Scaglietti; S/N ZFFJA09B000044232; Red, Black sills/Tan leather; Estimate $180,000 – $220,000; Visually maintained, largely original, 3 condition; With Reserve; Post-block sale at $159,091 plus commission of 10.00%; Final Price $175,000 – 5-spoke centerlock alloy wheels, TRX tires, Pioneer cassette stereo, air conditioning. – Good repaint with minor masking oversights. Good original surface cracked upholstery. Clean original underbody with a light coating of road grime. – Described as original, which it is except for the repaint, and in good condition this is a moderate price even for a fuel injected and smogged 512 BBi in this reassuringly largely original condition.Lot # 175 1987 Ferrari 328 GTS Spider, Body by Pininfarina-Scaglietti; S/N ZFFXA20A0H0069509; Oro Chiaro Metallic, Black vinyl roof panel/Cream leather; Estimate $50,000 – $70,000; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $54,000 plus commission of 10.00%; Final Price $59,400 – Boss CD stereo, air conditioning, TRX tires. – Good repaint in the original color. Good, lightly creased original interior with worn driver’s seat bolster. Clean engine and underbody. A good driver if you can get by the color. – Built in quantity at the beginning of Ferrari’s industrial era, there is little exclusive about this 328 GTS other than the color, which stands out like a bad tooth and makes Rosso Ferraris in their profusion look good. On the other hand at a Ferrari meet in rows of Rosso cars it will stand out. Its condition is sound and apparently consistently maintained which may account for the ample price it brought.Lot # 182 ; S/N ZFAA100835937B; Red/Black leather; Estimate $110,000 – $130,000; Unrestored original, 2- condition; With Reserve; Post-block sale at $83,636 plus commission of 10.00%; Final Price $92,000 – Alloy wheels, Dunlop tires, air conditioning. Assembly #07248, – Good, clean, orderly original car. Unblemished paint, lightly stretched original seat cushions. – The estimate range accurately reflects recent Testarossa values, but there is an almost inexhaustible supply of them out there, many in clean, largely original condition like this. This post-block result reflects the current accommodation between Testarossa supply and demand.Lot # 198 2000 Ferrari 456M GTA Coupe; S/N ZFFWP50A1Y0117689; Titanium/Black leather; Estimate $75,000 – $85,000; Unrestored original, 2- condition; With Reserve; Not sold at Hammer bid of $59,000 – CD stereo, Pirelli tires, air conditioning. – A clean, solid original car with a few small bumps and scratches, mostly under the trunk lid. – Largely overlooked today, the 456 represented Ferrari’s return to a front-engined V-12 (with a 65 degree vee-angle like the Dino V-6.) Spacious and comfortable, it is a true gran turismo with room for (short legged) rear seat passengers and the luggage and golf clubs that probably scuffed up the rear bumper of this one. It represents a realistic, affordable chance to join the Ferrari club at modest cost, cost that was adequately represented in the reported high bid here for an automatic transmission GTA.
Lot # F112 1986 Ferrari 328 GTS Targa, Body by Pininfarina; S/N ZFFWA20B000059935; Rosso Corsa, Black vinyl roof/Beige leather; Estimate $75,000 – $100,000; Visually maintained, largely original, 2- condition; No Reserve; Hammered Sold at $48,000 plus commission of 10.00%; Final Price $52,800 – Michelin Pilot Sport tires, roof spoiler, leather-wrapped Momo steering wheel, power windows, air conditioning, Sony CD stereo with aftermarket speakers in the door and satellite radio, aftermarket alarm system. – Car card says km but the speedo is in miles. Excellent original paint. Very clean engine bay. Several long scratches on the left rear wheel. Upholstery is worn to a degree consistent with the 59,568 miles showing. A very usable example with gorgeous paint. A few modern convenience features, but nothing is in bad taste. – Is Dallas the right place to sell a 328? From this No Reserve result it would appear not to be. Despite the miles/km confusion this could have been a $70,000 car and even having to make excuses for it the new owner is well and truly better off for having stood up to buy it at this price.Lot # S104 1972 Ferrari 246 GT Dino Coupe, Body by Scaglietti; S/N 02950; Rosso Corsa/Tan leather with Black inserts; Estimate $325,000 – $375,000; Visually maintained, largely original, 3 condition; With Reserve; Not sold at Hammer bid of $300,000 – Cromodora alloy wheels, Michelin MWX tires, leather-wrapped Momo steering wheel, Blaupunkt cassette stereo, power windows. – Scratched up original chrome. Decent older paint with a bubble on the deck lid, light detail scratches, and some microblisters on the roof. Sound but significantly worn seats. Otherwise good, lightly worn interior. Tidy, maintained engine bay. Drip of red paint on one of the exhaust tips. A used but tidy unrestored car. – This undistinguished Dino could have been sold for the amount reported bid for it here and the seller gone home happy, even if not rejoicing. The Dino market is not what it once was and this bid reflects that reality.
Ferraris Sold at Auction in 2016 – Page Nineteen
Lot # S125 1973 Ferrari 365 GTB/4 Daytona Coupe, Body by Pininfarina; S/N 16109; Yellow/Black leather; Estimate $650,000 – $800,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $700,000 – Borrani wire wheels, Michelin XWX tires, Ansa exhaust, Simpson lap belts, Momo leather-wrapped steering wheel, factory air conditioning, power windows, later Alpine cassette stereo. – Fully restored in the 1990s and 8,000 miles ago. Very good paint other than a chip at the back edge of the hood and two more small ones at the back edge of the passenger’s side door. Lightly scratched window frames. Very light wear to the steering wheel and seats but otherwise very good interior. Lightly used but tidy underneath. Well restored in the first place and quite well kept since. – Reported not sold in Kissimmee this year at a high bid of $800,000, then made its way to Mecum Monterey in August and hammered not sold again at a high bid of $650,000. Daytonas haven’t been getting much higher than mid-six-figures at auction in 2016, and the owner of this car is unlikely to get more than what was already offered (and refused) at Kissimmee at the beginning of the year. Toting it around the country in search of the right combination of environment and bidders has a declining probability of success. Its odometer has added 72 miles since Kissimmee.Lot # S127.1 1973 Ferrari Dino 246 GTS Spider, Body by Scaglietti; S/N 06158; Red/Tan leather with Black inserts; Visually maintained, largely original, 3 condition; With Reserve; Not sold at Hammer bid of $300,000 – Cromodora wheels, Michelin XWX tires, Momo leather-wrapped steering wheel, Becker Grand Prix radio, power windows, air conditioning. – Stated to be 12,554 miles from new with an engine-out service last year. Lightly scratched front bumpers and rubber rub strips don’t fit evenly. Originally finished in blue. Light detail scratches in the older paint but no major blemishes. Very clean, lightly used engine bay. The panel inside the door with the pull handles for engine cover, trunk and fuel door has come loose and is hanging on by a thread. Good original interior with light wear to the seats. – Sold at RM Monterey in 2014 for $440,000, huge money for a car in this condition at the time. Viewed on-site at Mecum’s Monterey auction 3 months ago but didn’t cross the block perhaps because of a transposition error in the chassis number. It would be unreasonable to expect this car to match the 2014 result, but it does deserve more than the reported high bid here.Lot # S128 1989 Ferrari 328 GTS Targa, Body by Pininfarina; S/N ZFFXA20A3K0079491; Nero/Tan leather; Estimate $90,000 – $105,000; Unrestored original, 2- condition; With Reserve; Not sold at Hammer bid of $65,000 – Pirelli Cinturato tires, roof spoiler, leather-wrapped steering wheel, power windows, air conditioning, Blaupunkt cassette stereo. – Tidy original engine bay. Recent partial interior refresh. New clutch. Good paint other than numerous small chips on the nose and several on the tail as well. Very good interior. Not the best, not the worst. Showing 30,448 believable miles. – This 328 was reported sold by Mecum in Monterey not even 3 months ago for $56,100 and what the consignor thinks about the 328 market is different from the opinion of the Dallas bidders. It is premature to call the end of the 328 fad, but this result adds another data point. The result here would have been a modest profit, which is better than hoping for lightning to strike.Lot # S136.1 1967 Ferrari 330 GTC Coupe, Body by Pininfarina; S/N 9955; Engine # 9955; Rosso Corsa/Tan leather; Estimate $650,000 – $700,000; Visually maintained, largely original, 2- condition; With Reserve; Not sold at Hammer bid of $575,000 – Borrani wire wheels, Michelin XWX tires, Ansa exhaust, woodrim steering wheel, power windows, power brakes, Becker Europa radio, Veglia dash clock, factory air conditioning. – 1,000 miles on rebuilt engine. Excellent upholstery done in 2013. The rest of the interior is very good and without major flaw but older. Engine bay shows plenty of signs of age and use. Very good, not show-stopping paint. Some road dirt on the underbody and pitting on the exhaust. Represented as 45,966 miles (45,798 when cataloged), restored in the late 1990s and enjoyed. Really just a driver, but a pretty one. – Hammered not sold at Mecum Kissimmee earlier this year at a high bid of $600,000 and at Monterey in August on a $550,000 bid. 330 GTCs aren’t 275 GTBs, but they are sleek – in the Superamerica/Superfast sense – and comfortable. The consignor was reasonable to expect more in Kissimmee and Monterey for this car, and he still is here in Dallas.Lot # S139 1987 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSG17A8H0070755; Rosso Corsa/Black leather; Estimate $125,000 – $150,000; Visually maintained, largely original, 2 condition; With Reserve; Not sold at Hammer bid of $100,000 – Goodyear Eagle VR50 tires, dual mirrors, electric seat belts, leather-wrapped Momo steering wheel, power windows, air conditioning. – Recently serviced. Represented as 12,634 miles from new. There is a handful of tiny chips in the nose and a small scratch in the left side of the tail, but otherwise very good original paint. Very good, lightly worn interior. A well maintained, low-mileage car represented to have a ‘recent extensive service’ and provided with service records. – This is a solid Testarossa and it could have brought more without being out of line, but not a lot. There is an argument for taking the money and not looking back.Lot # S141 1968 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina; S/N 11487; Silver/Beige leather; Estimate $300,000 – $350,000; Visually maintained, largely original, 3- condition; With Reserve; Not sold at Hammer bid of $220,000 – Centerlock wheels, Michelin XWX tires, Ansa exhaust, woodrim steering wheel, Clarion stereo, power windows, power steering, air conditioning. – Delivered new in Switzerland but came to the U.S. in 1980. Maintained but tired engine bay with black paint peeling off the valve covers, lots of scratches on the air cleaner and a big rip with insulation coming out on the underside of the hood. Fairly dull original chrome. Sound older repaint. Oxidation in the wheel centers. Four big, deep scratches on the right front fender. Big crack in the left rear fender. Front seats were replaced a while ago and are lightly worn, while the back seats are original and show light cracking. The rest of the interior is original and quite good. A strong candidate for a straightforward restoration. – The Dallas bidders were astute to recognize this as a fairly worn driver quality car and offer fairly worn driver money for it. There’s no reason for it not to have sold at this price which was ample and maybe a little bit more for its condition.
Lot # S181 1979 Ferrari 308 GTS Targa, Body by Pininfarina; S/N 28725; Fly Yellow, Black vinyl roof/Black leather with Beige inserts; Estimate $70,000 – $90,000; Unrestored original, 3 condition; With Reserve; Not sold at Hammer bid of $60,000 – Store brand tires, power windows, air conditioning, Alpine CD stereo. – Large cracks at each edge of the plastic front bumper. Decent original paint. Weather stripping between the windshield and roof is dry and cracking. Paint is coming off of the door handles. Tidy but used engine bay. Fairly tired interior, at least by Ferrari standards. Not a great example, and showing 67,207 miles. – Not sold at Mecum Monterey this year at a high bid of $62,500. Both high bids were perfectly appropriate for a driver 308, a descriptor which certainly applies to this car. The consignor is unlikely to find a higher offer at another venue. [And didn’t, taking it to the Leake Dallas auction two weeks later and getting exactly the same $60K bid.][Source: Rick Carey]
