Ferraris Sold at Auction in 2015

Auction Editor Rick Carey reported from dozens of auctions in 2015, starting with the Scottsdale and Kissimmee sales, moving quickly into the Amelia Island sales and continuing throughout the rest of the year.

Ferraris — the unquestioned epicenter of the collector car market — were a huge focus of Carey’s reports, with no less than 178 of Maranello’s finest methodically examined in 2015. They ranged from modern variants you wouldn’t wish upon your worst enemy to the otherworldly 1956 Ferrari 290 MM.

The biggest sale in dollars of 2015 occurred when RM Sotheby’s sold the 1956 Ferrari 290 MM (s/n 0626) for $28,050,000 at their New York City auction, besting the $18,500,000 Artcurial garnered for the ex-Baillon Collection 1961 Ferrari 250 GT SWB California Spider at their Retromobile event.

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From Auction Editor Rick Carey:

Ferraris in 2015 were barely predictable.

The allure of dirt, however, was consistently a factor, otherwise how did Artcurial sell Jacques Baillon’s 250 GT SWB California Spider (s/n 2935GT) in ratty, dirty, dented, dinged condition in Paris for $18.6 million at Retromobile in February and Gooding get $16.8 million for a similar covered headlight SWB Cal Spider (s/n 3095GT) at Pebble Beach. Dirt also powered two 250 GTEs to a near record prices, one (s/n 2919GT) starting off the year at Gooding’s Scottsdale auction where it brought $423,500 and another at Pebble Beach, the even dirtier s/n 2927GT, which sold for $418,000. But that paled beside the $797,500 that Gooding got for the beyond-perfectly restored s/n 2651GT at Pebble Beach. That’s over 3/4 of a million dollars … for a 250 GTE, a 2+2.

Maybe all these buyers have young families and need the back seat for the toddlers?

At the top of the Ferrari market occasional bursts of enthusiasm brought seriously eye-watering results, although none was more startling than RM Sotheby’s sale of Enzo s/n ZFFCZ56B000141920 from the Pinnacle Portfolio in Monterey for $6,050,000 (the $550,000 buyer’s commission was enough to buy one of those dirty, driven, dilapidated over-priced GTEs). Yes, it was the last Enzo built and, yes, had been given by Ferrari to Pope John Paul II. It was sold for what was then an extraordinary price of €1,055,000 ($1,282,987 at the time) at Sotheby’s auction at Maranello in 2005 with the proceeds to benefit victims of the SE Asia tsunami. Later brought into compliance with US (but not California) regulations. Two bidders fought from $3.7 million for the privilege of paying as much as humanely possible in a bidding contest more usually encountered when the proceeds go to charity. In this case they went to enhance Pinnacle’s ROI.

Six Ferraris sold on hammer bids of $10 million or more and they made up six of the top ten sales of the year. 51 of the top 100 transactions were Ferraris; the top 100 cutoff was $1,732,500 (a Porsche 959, not a Ferrari).

Speaking of bursts of enthusiasm it would be remiss not to mention the 6-speed 599 GTB sold by RM at Amelia for $682,000, two and one-half times its high estimate, double its original sticker price, and said to shift like a truck.

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Listed in chronological order, Rick Carey’s reports on the 178 Ferraris analyzed in 2015:

Bonhams Scottsdale 2015 – Auction Report

Lot # 116 1969 Ferrari 246 GT Dino Coupe, Body by Scaglietti; S/N 00542; Red/Black vinyl, Red terrycloth inserts; Estimate $450,000 – $500,000; Older restoration, 2 condition; Hammered Sold at $350,000 plus commission of 10.00%; Final Price $385,000. No Reserve – Centerlock Cromodora alloy wheels, Michelin XWX tires. – Early L-series 2.4 liter, restored in 2000. Excellent paint, interior, chrome and only slightly used terrycloth (not original, but a European option interior material.) Beautiful engine compartment. Done right but not done too much. FCA Platinum in 2000, 2002 FCA National Best V-6. Still in showroom condition. – About as attractive a Dino as could be hoped for, meticulously maintained since restoration. The red terrycloth seat inserts were a little jarring, but the consignor was right there to show that they were a European option (and great for trips back from the baths?) With Dino prices pushing into the $400Ks in Scottsdale this is the best Dino deal in Scottsdale.

Lot # 128 1966 Ferrari 275 GTB Competizione Coupe, Body by Pininfarina; S/N 09079; Engine # 09079; Red, White stripe/Grey leather, cord cloth; Estimate -; Competition restoration, 2+ condition; Hammered Sold at $8,550,000 plus commission of 10.00%; Final Price $9,405,000 – RHD. Silver painted Borrani wire wheels, Avon tires, Marchal head and driving lights, FIA tagged rollbar, outside fuel filler, marker lights, fire system. – Ex-Scuderia Filipinetti, GT class winner at Le Mans in 1967, later raced by Jacques Rey with some success. Later burned in a garage fire and rebodied in aluminum by Brandoli during restoration. Restored again in 2006, 2nd in class at Pebble Beach. Ferrari Classiche Red Book certified. Restoration freshened in 2013 with period parts reinstalled to replace later historic competition modifications (which come with the car.) Excellent paint, interior and bright trim. Even gaps, flush fits. – Real race history makes a difference, but not enough to offset the new body. This is a lot Ferrari for the money, with performance that challenges GTOs and the option of continuing its as-built configuration or returning to historic competition. The price it brought makes sense on many levels.

Lot # 136 1969 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 12923; Black/Black leather; Estimate $650,000 – $800,000; Visually maintained, largely original, 3 condition; Hammered Sold at $680,000 plus commission of 10.00%; Final Price $748,000 – Chrome spoke Borrani wire wheels, Michelin XWX tires, A/C, painted nose panel, covered headlights, P/W. – Montreal Auto Show display car. Good cosmetics, comfortably worn in leather. Old undercoat resprayed over some peeling. Never restored but reassuringly presented. – Sold by RM in Monterey in 1998 for $91,592 in essentially the same condition it is in today and stated then to have DOT/EPA releases not apparent here. All the Daytonas in Scottsdale were in similar condition and this is the price champion, although not by enough to reach any definitive conclusions.

Lot # 144 1963 Ferrari 250 GT/L Lusso Coupe, Body by Pininfarina/Scaglietti; S/N 4481; Engine # 4481 [1405/52E]; Blu Notte Metallizzato/Cream leather; Estimate -; Cosmetic restoration, 3+ condition; Not sold at Hammer bid of $1,925,000 – Chrome spoke Borranis, Pirelli Cinturato blackwall tires, Blaupunkt AM-FM, passenger seat headrest, tool roll, build sheet copies, owner’s manual. – Good older repaint, chrome and original interior. Underbody painted over old, peeling undercoat. Orderly engine compartment with some carb leakage. Cosmetically and mechanically renewed in 2007 with the original engine during 40+ years of ownership by Riley Kuehn, the immediately prior owner. A desirable example that has never needed restoration. – Offered at the Rick Cole ‘auction’ in Monterey last August where it no-saled on a reported bid of $2,201,000. The consignor seems fixated on the benign ownership and maintenance history, holding onto generous expectations that buyers have been unwilling to endorse. There was one other Lusso in the Scottsdale auctions, a more tired but also more original example that brought essentially the same money offered for s/n 4481.

Lot # 150 1972 Ferrari 246 GTS Dino Spider, Body by Scaglietti; S/N 04870; Red, Black roof panel/Black vinyl; Estimate $350,000 – $450,000; Visually maintained, largely original, 3 condition; Post-block sale at $281,818 plus commission of 10.00%; Final Price $310,000 – Momo steering wheel, cassette stereo, A/C, Cromodora alloy wheels, Vredestein blackwall tires, P/W. – Fair repaint done over old cracks and erratically masked. Good upholstery and carpet. Badly water stained brown mouse fur dash top. Scratched side window glass. Orderly engine compartment. This Dino falls into the used car category, a description that’s not necessarily bad, but not a ringing endorsement, either. – Sold by Kruse at Auburn Fall in 1998 for $53,600, offered there in 2003 with a reported high bid of $52,500, then reportedly sold at Russo and Steele in Monterey in 2013 for $247,500, all apparently in about the same condition as presented here. It showed a claimed original 47,397 miles in 1998. The odometer showed 47,816 in 2003 and 48,609 miles today. The seller was realistic to take the money offered in this post-block transaction.

Lot # 152 1955 Ferrari 250 GT Europa Alloy Coupe, Body by Pinin Farina; S/N 0389GT; Engine # 0389GT; Blu Fiat 8V/Plastico Naturale leather; Estimate $2,800,000 – $3,400,000; Recent restoration, 2+ condition; Not sold at Hammer bid of $2,750,000 – Chrome spoke Borrani wire wheels, period-style Michelin tires, Marchal head and fog lights. – Represented as matching numbers engine, body and chassis, replacement gearbox. Competition specification chassis and brakes. Excellent paint, chrome and interior. Some dull side window trim with visible repairs. Spotless engine and underbody. – Despite a bit of a checkered history and without period competition this is still a most desirable Ferrari with its wide stance, big brakes and original alloy body. Realistically estimated by Bonhams, it is hard to understand why a deal wasn’t done at the reported high bid.

Lot # 160 1966 Ferrari 275 GTB Longnose Alloy Coupe, Body by Pininfarina/Scaglietti; S/N 08143; Engine # 08143; Argento/Black; Estimate $3,300,000 – $3,600,000; Cosmetic restoration, 3+ condition; Not sold at Hammer bid of $3,200,000 – Chrome spoke Borrani wire wheels, blackwall tires. – Underbody painted over old, peeling undercoat. Sound paint and interior. – Offered at Mecum Monterey in 2012 in similarly mediocre condition where it showed about 1,000 fewer kilometers on the odometer. It was a no-sale there with a reported high bid of $1.1 million. Now tripled in value, at least in the consignor’s view, in just 2 1/2 years, the reported high bid here should have been more than enough to see it on its way to a new home.

Lot # 171 1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Pininfarina/Scaglietti; S/N 14045; Engine # B820; Red/Beige leather; Estimate $700,000 – $850,000; Visually maintained, largely original, 3- condition; Not sold at Hammer bid of $650,000 – Chrome spoke Borranis, Michelin XWX tires, A/C, cassette stereo, pop up lights, painted nose panel. – Sound repaint over old paint, decent chrome and lightly used replaced interior. Ugly underbody with layers of undercoat. Orderly engine but dropped into surroundings casually resprayed assembled. Decent mousefur dashtop. Disappointing. – It is unduly optimistic to expect this sound, never restored, Daytona to bring more than the reported high bid here.

Lot # 184 1982 Ferrari 512 BBi Coupe, Body by Scaglietti; S/N ZFFJA09B000040999; Engine # 110A00118; Rosso Corsa/Black leather, cloth inserts; Estimate $140,000 – $180,000; Visually maintained, largely original, 2- condition; Hammered Sold at $325,000 plus commission of 10.00%; Final Price $357,500 – 5-spoke Cromodora centerlock alloy wheels, TRX tires, A/C, Pioneer cassette stereo, tools, manuals. – Good repaint with minor scrapes and chips and lightly worn interior. Clean, orderly engine and underbody. Federalized by Amerispec. Odometer shows 8,554 believable miles but unused for two decades and in need of thorough recommissioning. – Bonhams’ estimate took into account the long dormant condition of this BBi, but not the allure of its originality at a time when these 5-liter supercars are finally being recognized as the exceptional automobiles they are. Even at that, however, this is a breathtaking price that moves the BB needle nearly off-scale when taken into account with the other two 512 BBs sold in Scottsdale, both at values over $300K, and the pair of 365 BBs for even more.

RM Auctions Arizona 2015 – Auction Report

Lot # 115 1966 Ferrari 275 GTB Coupe, Body by Scaglietti; S/N 08603; Engine # 08603; Rosso Rubino/Black leather; Estimate $2,750,000 – $3,500,000; Older restoration, 2- condition; Hammered Sold at $2,500,000 plus commission of 10.00%; Final Price $2,750,000. – Chrome spoke polished rim Borranis, Michelin X blackwall tires, Talbot outside mirror, books and tools. – Very good paint done in the mid-90’s and chrome. Upholstery is lightly surface creased but barely used. Engine, underhood and chassis are used, dusty and a little grimy. A well restored car that has been used as intended and needs to be detailed. – It is surprising that the consignor failed to give this expensive Ferrari even the minimal pre-auction preparation it deserved which goes a long way to explaining when it failed to meet RM’s reasonable low estimate. The value curve for 275 GTBs of all sorts is approaching vertical and carried this one along although with a few thousand dollars of professional detailing and touchup this will be a better car than the price it brought.

Ferraris Sold at Auction in 2015 – Page Two

Lot # 131 1990 Ferrari F40 Coupe; S/N ZFFMN34A7L0086954; Engine # ; Red/Red cloth; Estimate $1,200,000 – $1,500,000; Unrestored original, 2 condition; Hammered Sold at $1,150,000 plus commission of 10.00%; Final Price $1,265,000. – U.S. delivered new, Tubi exhaust, books, tools, owner’s binder, battery tender, car cover. – Slightly used but better than many with this many miles, 5,323 on its odometer. Ferrari Classiche certified, freshly serviced. – This is what it takes to own a pristine F40, no quibbles with the car or the price it brought.

Lot # 136 1962 Ferrari 250 GT Cabriolet Series 2, Body by Pininfarina; S/N 3633GT; Engine # 3633; Black/Beige leather; Black top; Estimate $1,600,000 – $1,900,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $1,550,000 plus commission of 10.00%; Final Price $1,705,000. – Autovox multi-band radio, chrome spoke Borranis, Michelin blackwall tires, owner’s folder, manuals, tool kit, two tops. – Extensively documented with copies of original build and dyno sheets and continuous history of four owners and 41,969 miles from new, the most recent since 1980. Good repaint, interior and chrome. Old undercoat. Never restored, just kept up as needed. – This is, simply, a really good Ferrari the commends itself to a new owner who wants to enjoy it by driving it without undue concern for some mega-dollar restoration’s glitz and glamour. The price it brought here in Arizona is fair to both the buyer and the seller although the seller, after 35 years of ownership, may feel the pile of dead presidents is less satisfying than firing up the Cab 2 on a delightful Spring day.

Lot # 151 1966 Ferrari 275 GTS Spider, Body by Pininfarina; S/N 08313; Engine # 08313; Black/Red leather; Black cloth top; Estimate $2,000,000 – $2,300,000; Recent restoration, 2- condition; Hammered Sold at $2,150,000 plus commission of 10.00%; Final Price $2,365,000. – Chrome spoke Borrani wire wheels, Michelin XWX blackwall tires, Becker multi-band radio. – Restored to showroom condition with very good paint, chrome and interior. Engine compartment and underbody are crisp, clean and sharp just showing a little age evidencing its 25 years in storage that ended a few years ago and a recent restoration that didn’t go far enough. – Guaranteed to set hearts blazing with a wonderful combination of style, top down flair and 3.3 liters of V-12, this result is no more or less than the car deserves, and it will be better with some more careful attention to overlooked details.

Lot # 153 1971 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 14769; Engine # ; Red/Black leather; Estimate $650,000 – $850,000; Visually maintained, largely original, 3 condition; Hammered Sold at $650,000 plus commission of 10.00%; Final Price $715,000. – Painted nose panel, pop up lights, headrest seats, Blaupunkt Cambridge CD stereo, P/W, A/C, 5-spoke alloy wheels, full tool roll, owner’s manuals, 9-inch rear wheels. – A largely original Daytona with a good older repaint with minor masking holidays, scuffed stainless window trim. Aged undercoating chipped off in places and surface rusted. Uneven hood fit. Doors fit better but not a lot. Dusty but original under the hood. Runs better than it looks. – There is surprisingly no originality premium for this Daytona, the price reflecting its age and presentation, especially the repaint applied in the mid-90’s. Among the Daytonas in Scottsdale it is one of the better values.

Lot # 210 1974 Ferrari 365 GT4 BB Coupe, Body by Scaglietti; S/N 18057; Engine # 177; Red, Black sills/Black leather; Estimate $400,000 – $500,000; Recent restoration, 2 condition; Hammered Sold at $465,000 plus commission of 10.00%; Final Price $511,500. – A/C, 5-spoke alloy wheels, Michelin X tires, P/W. – Very good paint and interior. Restored to showroom condition. Even gaps, flush panels. – Berlinetta Boxers lately are being recognized as the rare, superior high performance automobiles that they are and prices are in a steep climb, although still less than Daytonas. This 365 GT4 BB was offered at Bonhams auction in Gstaad in 2008 with an estimate range of $160-220,000; showing just how steep the curve is.

Lot # 219 1955 Ferrari 250 GT Europa Coupe, Body by Boano; S/N 0447GT; Engine # 0447; Red, Silver stripe and sills/Tan leather; Estimate $1,750,000 – $2,250,000; Recent restoration, 2 condition; Not sold at Hammer bid of $1,675,000. – Chrome spoke Borrani wire wheels, Pirelli Cinturato HS tires, Marchal head and fog lights, heater, alloy body. – Coachwork modified by Boano shortly after being built in the present low roof style. Excellent paint, chrome and interior. Underbody is restored like new and now has a little age and use. Engine compartment shows a little more use but is still clean and tidy. A very desirable car, for many reasons, not least its acceptance for the 2014 Mille Miglia Storica. – Offered at Gooding’s Scottsdale auction in 2011 with a reported high bid of $750,000, then sold by RM at Monterey seven months later in August 2011 for $660,000 before the recent restoration that has put it in showroom condition. Note that the original Pinin Farina photos show a car sitting much lower on its suspension; today it stands tall on springs that have yet to settle in. The reported bid here is close enough to the pre-sale low estimate that it is hard to understand why a deal wasn’t worked out.

Lot # 225 1972 Ferrari 365 GTC/4 Coupe, Body by Pininfarina; S/N 15811; Engine # 1581; Red/Biscuit leather; Estimate $285,000 – $325,000; Visually maintained, largely original, 3- condition; Hammered Sold at $295,000 plus commission of 10.00%; Final Price $324,500. – Blaupunkt Nassau cassette stereo, P/W, alloy wheels, Pirelli P4000 tires. – Sloppy repaint with overspray on door seals and small cracks. Headlight paint cracked. New, attractive upholstery. Underbody resprayed over old undercoat. Engine has had the top cleaned up, but not the bottom. Dead hood struts. A good car to avoid. – It’s a tired old thing, but it brought an important price. Had it brought $175-200,000 the new owner would be well off, at this price it is an expensive way to get the front engine V12 Ferrari experience.

Lot # 227 1974 Ferrari 246 GTS Dino Spider, Body by Scaglietti; S/N 08040; Engine # ; Yellow/Black vinyl, leather inserts; Estimate $400,000 – $500,000; Cosmetic restoration, 3 condition; Hammered Sold at $350,000 plus commission of 10.00%; Final Price $385,000. – CD stereo, 7.5 inch Campagnolo alloy wheels, Daytona seats, A/C, P/W, owner’s manual, jack, Daytona seats. – Color changed from Argento. Casually masked mid-00’s repaint looks good on the outside but not underneath. Seats and wheels updated at the same time. Engine compartment is pressure washer detailed. Quickly done to capitalize on the market. – An attractive but not especially notable Dino that, like others of its type in Scottsdale, changed hands below the auctions’ pre-estimate range. The consignor was prudent to take the money.

Lot # 235 1973 Ferrari 365 GTS/4 Daytona Spider, Body by Scaglietti; S/N 16793; Engine # 16793; Silver/Black leather; Black cloth top; Estimate $3,000,000 – $3,500,000; Cosmetic restoration, 2- condition; Hammered Sold at $3,000,000 plus commission of 10.00%; Final Price $3,300,000. – A/C, 8-track stereo, chrome spoke Borranis, Michelin XWX tires, headrest seats, painted nose panel, pop up lights, gooks, tools, original window sticker, warranty card. – Very good paint, chrome and interior. Old undercoat in wheelwells. Clean, orderly engine compartment. A highly presentable restoration, 2014 Cavallino Platinum, Ferrari Classiche certified. – A serious Ferrari bought for serious money.

Lot # 241 1967 Ferrari 275 GTB/4 Coupe, Body by Scaglietti; S/N 10451; Engine # 10451; Yellow/Black leather; Estimate $3,500,000 – $4,500,000; Older restoration, 2 condition; Hammered Sold at $3,325,000 plus commission of 10.00%; Final Price $3,657,500. – Centerlock alloy wheels, Michelin XWX tires. – Good paint, chrome and interior. Engine compartment, chassis and underbody are almost like new. and show only a little age and use. – Red, when offered at Brooks Monaco in 1992 with a reported high bid of $267,953 (FFr 1,451,500 at the time), painted the present Giallo Fly for Bruce Male in the early 00’s and recently engine-out serviced with new brakes, suspension and upholstery. Pay your money and take your choice, a Giallo Fly 275 GTB/4 or an Argento 365 GTB/4 Daytona Spider?

Ferraris Sold at Auction in 2015 – Page Three

Lot # 243 1969 Ferrari 365 GTS Spider, Body by Pininfarina; S/N 12473; Engine # 12473; Silver/Tan leather; Black cloth top; Estimate $3,900,000 – $4,800,000; Older restoration, 2- condition; Not sold at Hammer bid of $3,450,000. – Chrome spoke Borrani wire wheels, Michelin XWX tires, P/W. – Clean like new engine compartment, good paint, chrome and beautiful new interior. Underbody hasn’t had the same attention including wheel well panels that don’t meet the fenders. Freshly redone to come to the auction market after two decades passing among Ferrari speculators. – This is not the car it could be and the reported high bid should have been enough to buy it.

Lot # 250 1964 Ferrari 250 LM Coupe, Body by Scaglietti; S/N 5899GT; Engine # 5899; Red, White stripe/Blue cloth; Estimate $9,500,000 – $12,500,000; Competition restoration, 2 condition; Hammered Sold at $8,750,000 plus commission of 10.00%; Final Price $9,625,000. – RHD. Silver painted wire wheels, Dunlop Racing tires. – Raced by Scuderia Filipinetti, then by Werner Bredermann’s Ecurie Basilisk until it was overturned in a hillclimb. Modified by the next owner, Hans Illert, with a shortened wheelbase to fit a Porsche 906 body through 1967. Re-engined in 1968 with a 330P engine until an accident in 1970. Ferrari had Vaccari stretch the wheelbase back to 250 LM length in a 1981 restoration with a new body, restored again in the 90’s and Ferrari Classiche certified. Good fresh paint and interior. Engine compartment and chassis are like new. Body cracked at the roof panel joints. – Banged around a bit, typical of many competition Ferraris, but a known and thoroughly documented history since new and now reunited with its original engine with its presentation endorsed by Ferrari Classiche’s Red Book, this is an honest 250 LM that offers more in performance, appearance and desirable event entries than is implied by its price. The bidders (and, to their credit, both RM and the consignor) realistically handicapped the many aspects of its value to arrive at a fair result.

Lot # 253 2005 Ferrari FXX Evoluzione Coupe; S/N ZFFHX62X000145369; Engine # ; Pearl Silver, Red accents/Black cloth; Estimate $1,600,000 – $1,900,000; Unrestored original, 2 condition; Hammered Sold at $1,475,000 plus commission of 10.00%; Final Price $1,622,500. – The first FXX built, upgraded to 860hp Evoluzione specs at Maranello in 2008. – Nearly like new, having participated in only three Corse Clienti FXX events since new, just one since the Evoluzione upgrade. – Offered by Gooding & Company at Pebble Beach in 2013 with a reported high bid of $1.9 million and still like new here, just less money. Usable only on track days arranged (at eye-watering expense) by Ferrari Corse Clienti, this is an expensive admission ticket to a chance to scare the crap out of its driver with now aged technology. The consignor wisely decided to let it go now for what it would bring.

Barrett-Jackson Scottsdale 2015 – Auction Report

Lot # 5041 2002 Ferrari 360 Michelotto LeMans Race Car; S/N 2024; Red, White stripe/Red cloth; Competition car, original as-raced, 3+ condition; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000. No Reserve – Digital display, F1 gearbox, carbon fiber wing and splitter, roll cage, BBS 18-inch wheels, clear engine cover. – N-GT specifications and despite the heading has no apparent racing history. Good cosmetics but otherwise old. John Rosatti Collection. – The first of three similar Ferrari GT cars modified by Michelotto for FIA competition from the same collection. Potentially a wonderful track day car, which is important because it is nowhere close to street legal. An expensive but not unreasonably priced toy.

Lot # 5044 2008 Ferrari 430 GTC Michelotto Race Car Coupe; S/N 2604; Dark Blue, White/Black cloth; Competition car, original as-raced, 2 condition; Not sold at Hammer bid of $300,000. With Reserve – GT2 racing car built by Michelotto with Ferrari’s cooperation. – Brand new, never raced. John Rosatti Collection. – One of three Ferraris prepared for various competition series offered from the same collection. It has serious potential, but now is seven years old and uncompetitive in modern competition but not old enough to have much utility in historic events. Last year’s race car has little value, a seven year old race car with nowhere to race has less.

Lot # 5045 2005 Ferrari 575M GTC Michelotto Race Car Coupe; S/N 2220; Red, White, Matte Black/Black cloth; Competition car, original as-raced, 2- condition; Not sold at Hammer bid of $500,000. With Reserve – Factory supported conversion to FIA GT specs by Michelotto. 5997cc V-12, 600+hp, sequential gearbox, FIA-spec flat floor, splitter and diffuser. – Described as ‘factory new’ and appearances back up the claim. Not fresh but clean and orderly. No race history. John Rosatti Collection. – The third of three recent Ferrari GT competition car conversions from the same collection, the consignor placed great emphasis on its ‘factory new, never raced’ condition. It elicited little enthusiasm from the Barrett-Jackson bidders and would have been more interesting if it had real race history.

Lot # 5071 1991 Ferrari F40 Coupe; S/N ZFFMN34A2M0087589; Black/Black cloth; Modified restoration, 2 condition; Hammered Sold at $585,000 plus commission of 10.00%; Final Price $643,500. With Reserve – Tubi exhaust, upgraded turbos, aluminum flywheel, Kevlar clutch, HRE wheels, Penske shocks, LED lights. – This is the famed Gas Monkey Garage F40, modified and rebuilt from a trailer full of parts. Extensively documented and vehemently maintained by Richard Rawlings and Dennis Collins to be better and more precisely jigged and squared than factory specs. Modified in many ways that will not please Ferrari. – Sold here for $742,500 a year ago and appears to be unchanged from how it was presented then. $100,000 of the buzz has worn off.

Lot # 5071.1 2013 Ferrari 458 Italia; S/N ZFF68NHA4D0190499; Red/Tan leather; Unrestored original, 2 condition; Hammered Sold at $270,000 plus commission of 10.00%; Final Price $297,000. No Reserve – SF shields, rear parking sensors, 20 inch wheels, power seats. – Like new and represented to have 1,700 miles. – Still depreciating.

Lot # 5091 1989 Ferrari F40 Coupe; S/N ZFFGJ34B000080727; Red/Red cloth; Original, with major mechanical repairs, 2- condition; Not sold at Hammer bid of $975,000. With Reserve – Modular alloy wheels, P Zero tires, tools, shop manual. – Very good paint and fresh interior. Engine compartment is clean but showing some age and use. Crashed in 1994 and rebuilt to high standards. – It takes a brave bidder to step up for a previously wrecked F40, unless it is notorious like the Fast’n’Loud F40, and that was $300,000 less than the reported bid here. The seller would not have been misled to let it go at the reported bid here.

Lot # 5092 1988 Ferrari Testarossa; S/N ZFFSG17A6J0077595; Red/White leather; Unrestored original, 2 condition; Hammered Sold at $245,000 plus commission of 10.00%; Final Price $269,500. No Reserve – A/C, books, tools, cover, window sticker. – 283 miles from new and pristine. Belt service in 2013. – The price of originality, negligible miles and a fairly recent belt service, in keeping with Testarossa’s steadily climbing values.

Ferraris Sold at Auction in 2015 – Page Four

Gooding and Company Scottsdale 2015 – Auction Report

Lot # 018 1967 Ferrari 330 GTC Coupe, Body by Pininfarina; S/N 10683; Grey/Tan leather; Estimate $750,000 – $850,000; Cosmetic restoration, 2- condition; Hammered Sold at $825,000 plus commission of 10.00%; Final Price $907,500. With Reserve – Painted alloy wheels, Michelin XWX blackwalls, Becker Europa II AM-FM. – Excellent paint, chrome and interior. Even gaps, flush fits. Old undercoat in wheelwells. A quality, fresh cosmetic restoration. – Sold post-block by Gooding at Pebble Beach in 2012 before its recent cosmetic attention, it was a sound value at that time and the subsequent attention it has received, as well as the 330 GTC’s coming into favor, is dramatically evident in the generous price it brought here.

2004 Ferrari 360 Challenge Stradale Coupe, Body by Pininfarina; S/N ZFFDU57A140134718; Red, Tricolor stripe/Red, Black; Estimate $200,000 – $230,000; Unrestored original, 2 condition; Hammered Sold at $260,000 plus commission of 10.00%; Final Price $286,000. No Reserve – Scuderia shields, factory stereo, books, manuals, tools. – Like new. Described as under 1,500 miles from new. – One of 852 built, the Challenge Stradale was never an inexpensive car and it doesn’t seem to be suffering from late model depreciation. Cavallino’s Price Guide puts the Challenge Stradale at $125-130,000, half the result here. Barrett-Jackson’s similar car (with a no-airbag collision report on its CarFax) was $92,400. The FML Asking Price Index is $126,716 and there’s one offered in the current issue of FML for $164,900. Buy it quick and consign it to Gooding’s Amelia Island auction.

Lot # 038 1990 Ferrari 641/2 Formula 1; S/N 120; Red/Beige suede; Estimate $800,000 – $1,100,000; Competition restoration, 2 condition; Hammered Sold at $900,000 plus commission of 10.00%; Final Price $990,000. With Reserve – 3.5/685hp 65-degree V-12, 7-speed sequential gearbox. – Driven by Nigel Mansell in 1990, winner at Portugal, second at Spain and Australia, during Ferrari’s Manufacturers’ Championship season led by Alain Prost. Race-ready with factory finishes and appearance. Ferrari Classiche certified. – An important artifact of an important period in Ferrari F1 history with V-12 power and [relatively] simple mechanics, this is a Ferrari F1 that can be, and has been, driven by ordinary mortals with experience and discretion. The price reflects its usability and beneficial history.

Lot # 046 1959 Ferrari 250 GT California LWB Spider, Body by Scaglietti; S/N 1425GT; Red/Black leather; Estimate $8,000,000 – $10,000,000; Unrestored original, 4+ condition; Hammered Sold at $7,000,000 plus commission of 10.00%; Final Price $7,700,000. With Reserve – Chrome spoke Borrani wire wheels, Pirelli radial blackwall tires, Marchal grille-mounted fog lights, covered headlights, carburetor cold air box, tool roll, original spare wheel and tire, history file. – Mostly original, with indifferent repaint over old paint, tired chrome, edge chips, old undercoat, cracked original upholstery, good gauges. Owned by Jack Castor since acquiring it from Tom Meade in 1969, never restored since its trip through Meade’s shop and it looks like it. This is ‘original’ carried about as far as it can reasonably be. – A rare example of how good a good car can be after nearly a half century in a single owner’s caring hands. It is arguable that this Cal Spider needs nothing more than continuing care and attention. It will never win a preservation award and the Meade touches like the covered headlights inhibit its recognition by Ferrari Classiche, but this is still a great Ferrari bought at a realistic price.

Lot # 049 1991 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSG17A7M0086827; Red/Tan leather; Estimate $110,000 – $140,000; Unrestored original, 2 condition; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000. No Reserve – A/C, owner’s manual, tools, service records. – Nearly like new. Recently engine-out serviced with cam belts and new tires. The odometer shows 8,231 probably original miles. A pristine Testarossa. – The bidders at Fashion Square stepped up to send this Testarossa to the top of its estimate range based on its low miles, benign history and recent service. It would have been better to have the original tires (for display only) on a car that will probably never reach 10K miles as its continuing preservation overwhelms its driving performance.

Lot # 053 1970 Ferrari 246 GT Dino Coupe, Body by Scaglietti; S/N 00600; Polo White/Black vinyl; Estimate $550,000 – $750,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $430,000 plus commission of 10.00%; Final Price $473,000. With Reserve – 5-bolt alloy wheels, Michelin XWX tires, L-series. – Factory development car fitted with later 5-bolt wheels before first sale. 84,371km from new. Very good original paint, chrome and interior. Attractive showroom condition engine compartment. Underbody resprayed with shiny, gritty underseal over old undercoat. Cosmetically freshened to take advantage of the market. – A sound, well maintained, impressively original L-series Dino with factory history that brought a handsome premium for its unusual attributes and originality, even if it wasn’t the result suggested by Gooding’s pre-sale estimate range.

Lot # 109 1968 Ferrari 330 GTS Spider, Body by Pininfarina; S/N 10817; Engine # 10817; Light Yellow/Tan leather; Tan top; Estimate $2,600,000 – $3,000,000; Cosmetic restoration, 3+ condition; Hammered Sold at $2,200,000 plus commission of 10.00%; Final Price $2,420,000. With Reserve – Becker Europa multiband radio, P/W, chrome spoke Borrani wire wheels, Pirelli Cinturato radial tires, aircraft style lap belts. – Very good repaint and interior, mediocre chrome and stainless. Clean underbody with old undercoat. Orderly but aged engine compartment with too much leakage and grease gobs. A quality cosmetic restoration to very good driver standards but not impressively maintained. – This aged but reasonably well maintained 330 GTS brought a realistic price that balances its inherent desirability with its aged presentation.

Lot # 111 1975 Ferrari 365 GT4 BB Coupe, Body by Scaglietti; S/N 18657; Red, Black sills/Beige leather, Black stripes; Estimate $450,000 – $550,000; Cosmetic restoration, 3 condition; Hammered Sold at $405,000 plus commission of 10.00%; Final Price $445,500. With Reserve – Kenwood cassette stereo, A/C, centerlock 5- spoke alloy wheels, Michelin XWX tires, tool kit, owner’s manual. – Lightly scuffed and casually masked old repaint, lightly worn and stretched upholstery. Peeling wheel well paint. Frayed window well felts and channels. Not the car to take home to a perceptive spouse or banker. – Berlinetta Boxers were on a roll in Scottsdale, nowhere better seen than in the premium price paid for this less-than-premium example.

Ferraris Sold at Auction in 2015 – Page Five

Lot # 130 1973 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 16447; Silver-Grey/Black leather; Estimate $700,000 – $800,000; Cosmetic restoration, 3+ condition; Hammered Sold at $635,000 plus commission of 10.00%; Final Price $698,500. With Reserve – Centerlock alloy wheels, Michelin XWX blackwall tires, Becker Mexico cassette stereo, A/C, painted nose panel, popup lights. – Good older paint, chrome and original interior. Flat panels, even gaps, flush fits. Odometer shows 43,851 believed original miles. Underbody is restored with some goop over old undercoat. Engine and chassis are aged but well maintained. A presentable driver. – Sold by Gooding at Amelia three years ago for $330,000, a time when all the money was chasing Dinos and Daytonas were getting no respect at all. The buyer then, if it’s the same as the seller here, must be cheering all the way to the bank. The three Daytonas that sold in Monterey were within $50,000 of each other, and about that close in condition. This was the least expensive, although that doesn’t make it a good value.

Lot # 132 1962 Ferrari 400 Superamerica Coupe Aerodinamico, Body by Pininfarina; S/N 3221SA; White/Grey leather; Estimate $4,000,000 – $5,000,000; Older restoration, 2 condition; Hammered Sold at $3,700,000 plus commission of 10.00%; Final Price $4,070,000. With Reserve – Chrome spoke Borrani wire wheels, Michelin XVS blackwall tires, semi-skirted rear wheels, covered headlights – Restored in the late 80’s, then again in 2006, Fully and attractively restored with excellent cosmetics, impressively even and narrow gaps and flush fits. Original colors and materials. Ferrari Classiche certified. – It is refreshing to behold such a beautifully bodied Ferrari carefully restored in its original colors rather than the ubiquitous Rosso. It was offered by Bonhams at Quail Lodge in 2009 with 530 fewer km than the 1,504 now displayed with a reported high bid of $900,000, then offered at Bonhams auction in Paris in January 2010 again without selling on the block. It is an exclusive, gorgeous, fast, rare luxury Ferrari for less than double the price of a Lusso, an astute acquisition.

Lot # 144 1973 Ferrari 246 GTS Dino Spider, Body by Scaglietti; S/N 04786; Red/Black leather; Estimate $400,000 – $475,000; Cosmetic restoration, 3+ condition; Hammered Sold at $355,000 plus commission of 10.00%; Final Price $390,500. With Reserve – Cromodora alloy wheels, Michelin XWX tires, Becker Europa II AM-FM, leather wrapped steering wheel, A/C, covered headlights, books, warranty card, tool roll, jack. – Fair repaint over old paint, good chrome and interior. Brightly polished engine compartment aluminum. Good but odd looking dashtop mousefur. Orderly underbody with old undercoat. A sound and presentable Dino Spider – Bought solidly in the range of the other 246 GTS Dinos in the Scottsdale auctions. It’s worth remarking that all of them sold under the auction companies’ pre-sale estimate ranges with but a single exception that hammered sold just $5,000 into the estimate range.

Lot # 158 1961 Ferrari 250 GTE 2+2 Coupe, Body by Pininfarina; S/N 2919GT; Engine # 2919 [640E]; White/Black leather; Estimate $325,000 – $375,000; Unrestored original, 3- condition; Hammered Sold at $385,000 plus commission of 10.00%; Final Price $423,500. With Reserve – Blaupunkt multiband radio, Chrome spoke Borranis, Dunlop blackwall tires. – Stored since the early 90’s, and it shows. Cracked original paint, weak chrome. Sound original interior, sharp, crisp gauges. Orderly original engine with old black body Webers. A sound and surprisingly usable original car that runs, but will need comprehensive attention before being driven farther than on and off the auction block. – The appeal of age and decrepitude seems to know few limits these days, perhaps a function of our ageing society that finds comfort in things as old as they are. It’s hard to imagine what the new owner will do with this cracked and grimy old 250 GTE, but good that it will, at this exalted price, face little risk of being turned into a donor car for a sports racer replica.

Russo and Steele Scottsdale 2015 – Auction Report

Lot # F567 1991 Ferrari 348tb Coupe; S/N ZFFRG35A9M0090679; Red/Tan leather; Unrestored original, 2- condition; Hammered Sold at $38,500 plus commission of 10.00%; Final Price $42,350. No Reserve – 5-speed, Pirelli P Zero tires, power windows. – Very good original paint. holding up well. Very good interior. Clean wheels. Condition corresponds with the 36,668 miles on the odometer. – Sold here a year ago for $44,770 and worth modestly, and appropriately, less money now. 348s are still scratching for traction among Ferrari collectors, perhaps ignored on account of their cheesy Testarossa-styled flanks, but present a good opportunity for gaining the Ferrari experience for less than the cost of a college education.

Lot # S756 1990 Ferrari Testarossa Coupe; S/N ZFFSG17A2L0086183; Black/Tan leather; Unrestored original, 2- condition; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500. No Reserve – 4942/380hp, 5-speed, BF Goodrich tires, locking filler cap, tinted windows, leather-wrapped steering wheel, power windows, power steering added. – Represented as 18,074 miles from new. Excellent paint. Very good, lightly worn interior. Under 1,000 miles on a full engine-out belt service. Tidy, low mileage Testarossas that haven’t seen abuse are the ones to have. – Testarossas are showing strong price movement, exemplified by this example which sold in essentially the same condition here five years ago for $66,000 and now shows 884 more miles. It should be noted, however, that the ‘recent’ engine-out service predates the 2010 sale; it may be less than 1,000 miles but it’s more than five years and soon will need to be updated.

Mecum Kissimmee 2015 – Auction Report

Lot # S20.1 1995 Ferrari F355 Spider; S/N ZFFPR48A7S0104353; Silverstone Verde Metallic/Tan leather; Tan cloth top; Unrestored original, 3 condition; Hammered Sold at $44,000 plus commission of 8.00%; Final Price $47,520. With Reserve – 3.5/375hp, 6-speed, Michelin Pilot Super Sport tires, power windows, power seat, air conditioning, dash clock. – Some rock chips on the nose and sizable scrapes on the bottom lip. Touch up on right mirror. Tired top. Long scratch behind the driver’s door. Small scrape on the right front wheel. Lightly worn seats. Good for somebody who wants a 355 to drive regularly and one in an interesting color, i.e., not red. Hasn’t led the pampered life of many Ferraris, but it is still usable and presentable. – There are not quite a thousand more miles on the odometer since it sold here two years ago for $49,820. The seller netted a little under $40,000 after commission, consignment fee and transportation, or about $10/mile enjoyed over the past two years.

Lot # S88.1 1991 Ferrari Testarossa Coupe; S/N ZFFSG17A3M0087425; White/Tan leather; Unrestored original, 2 condition; Hammered Sold at $112,500 plus commission of 8.00%; Final Price $121,500. With Reserve – 4.9/380hp, 5-speed, Goodyear Eagle tires, locking filler cap, power windows. – Very good paint and interior. The low 8,303 miles on the odometer make you wonder just how long it has sat, but on the surface of it, this is an almost new, all original, late production Testarossa. – Offered at Mecum’s Austin sale last month with a reported high bid of $90,000. An unusual Testarossa in white and in excellent condition. The lack of information on recent service means almost certainly that the engine will have to come out for new timing belts sooner rather than later and makes this price, even taking miles and originality into account, moderately expensive.

Leake Oklahoma City 2015 – Auction Report

Lot # 0438 1986 Ferrari Mondial 3.2 Cabriolet, Body by Pininfarina; S/N ZFFXC26A3G0060531; Red/Tan leather; Black cloth top; Visually maintained, largely original, 3+ condition; Hammered Sold at $25,000 plus commission of 10.00%; Final Price $27,500. With Reserve – A/C, factory alloy wheels, TRX tires, Momo leather rim steering. wheel. – Good paint with a few nose chips. Good top and lightly worn interior. A clean and well maintained used Mondial. Good tires with lots of tread and represented as just 12,485 miles, which is not inappropriate to its condition. – This may be the most frequently traded Mondial in the world. Sold for $39,960 at Barrett-Jackson Scottsdale in 2004 and 2005 (yes, the same price), then $43,200 in 2006 and $28,600 in Las Vegas in 2008 and $26,400 back in WestWorld in 2012, then a no-sale at Mecum Indy in 2013. It had 11,859 miles in 2004. The vast majority of the 626 miles added to the odometer since then must have been put on while driving on and off transporters.

Lot # 2463 2009 Ferrari F430 F1 Coupe; S/N ZFFEW58A190167285; Grigio Titanio/Natural leather; Unrestored original, 2- condition; Not sold at Hammer bid of $140,000. With Reserve – Paddle shift F1 gearbox, A/C, AM/FM/CD stereo with navigation, carbon fiber Challenge grille and interior trim, Daytona seats, SF shields, cruise, P/S, P/B, power locks, power seats, books and records. – Some abrasion on the driver’s seat back bolster, otherwise as clean and sharp as expected for the 9,700 miles. – This is ‘just’ an F430, not one of Ferrari’s many variants and even though it is in one of the more attractive (and less ‘arrest me, I must be speeding’) colors and loaded with features it is hard to maintain it is worth any more than the reported high bid here.

Ferraris Sold at Auction in 2015 – Page Six

RM Sotheby’s Amelia Island 2015 – Auction Report

Lot # 129 1972 Ferrari 246 GT Dino; S/N 03154; Argento Autiel/Bordeaux leather; Estimate $300,000 – $350,000; Unrestored original, 3+ condition; Hammered Sold at $330,000 plus commission of 10.00%; Final Price $363,000. With Reserve – Cromodora alloy wheels, Michelin X tires, P/W, Becker Mexico cassette, chrome shift knob, headrest seats. – Represented as original and unrestored with 27,478 miles except for repainting the rear deck after removing a Ferrari badge. Three owners. Bad rust blister over the right upper door hinge. Very good upholstery and chrome. Clean, orderly engine compartment. Clean underbody with original undercoat. – Other than the rot in the passenger’s door this is a sound and well-documented highly original Dino that has all the indicia of a car that has been carefully maintained throughout its life by a few caring owners. It is a sound value for money in the present Dino market.

Lot # 134 1995 Ferrari F512 M Berlinetta; S/N ZFFVG40A1S0101411; Red/Beige leather; Estimate $325,000 – $375,000; Unrestored original, 2- condition; Hammered Sold at $420,000 plus commission of 10.00%; Final Price $462,000. No Reserve – Speedline 18-inch modular wheels, Continental tires, A/C, manuals, tools. – Good original paint and chrome. Wheel wells stone chipped and show road use. Belt serviced three years ago with 150 miles since. A clean, original used car showing 11,749 believable miles. – This was a $275,000 car only months ago, now it’s estimated at $325-375,000 and sold for a hammer bid 12% over the already generous high estimate, a transaction that confirms the value escalation of late model Ferraris. Consider that this is a production car, one of 75 U.S. spec cars and 501 total. Even as the ultimate Testarossa derivative it is commonplace and visually ‘just another Testarossa’. This is huge money.

Lot # 145 1960 Ferrari 400 Superamerica SWB Cabriolet, Body by Pinin Farina; S/N 1945SA; Engine # 1945SA; Metallic Verde Bottiglia (Bottle Green)/Red leather; Black cloth top; Estimate $6,000,000 – $7,000,000; Concours restoration, 1 condition; Hammered Sold at $5,800,000 plus commission of 10.00%; Final Price $6,380,000. With Reserve – Chrome spoke Borrani wire wheels, Pirelli Cinturato HS tires. – One of seven SWB Superamerica Cabriolets, freshly restored to concours standards in the original, and striking, color scheme. Never shown and not noted as being Ferrari Classiche certified. – The highlight of the Amelia Island auctions, a beautiful automobile in magnificent condition and visually arresting in its Bottle Green over Red leather livery, it brought an appropriate price for its style, rarity and condition, not to mention the performance of its 4-liter 340hp V-12.

Lot # 180 1953 Ferrari 212 Europa Coupe, Body by Vignale; S/N 0287EU; Engine # 0287EU; Red, Black roof/Black leather; Estimate $2,000,000 – $2,500,000; Cosmetic restoration, 3+ condition; Post-block sale at $1,409,091 plus commission of 10.00%; Final Price $1,550,000. With Reserve – Chrome spoke Borranis, Vredestein tires, Marchal headlights, Clayton heater. – Freshly cosmetically restored to good driving standards with very good paint, chrome and interior. Wiper scratched windshield, thick chrome window trim. Less attention paid to the chassis and underbody. Orderly engine compartment. Oxidized engine cam chain covers. A superficial but very shiny cosmetic redo. – Sold at the RM Sotheby’s Leggenda e Passione auction in Maranello in 2009 for $461,684 before its present cosmetic, this is a touring and event Ferrari that brought a superior price in this post-block concluded transaction for its erratic presentation. Reportedly bought by a Swiss resident who still spends money convertible to dollars at a favorable rate and headed to a restoration that it richly [sic] deserves. Importantly, this is a MM Retro eligible (and welcome) entrant, but an expensive admission ticket.

Lot # 183 1972 Ferrari 365 GTB/4 Daytona Spider, Body by Pininfarina-Scaglietti; S/N 15417; Engine # 15417; Black/Brown leather, Black stripes; Black cloth top; Estimate $3,000,000 – $3,500,000; Recent restoration, 2+ condition; Hammered Sold at $3,000,000 plus commission of 10.00%; Final Price $3,300,000. With Reserve – Chrome spoke Borrani wire wheels, Michelin X blackwalls, Veglia A/C, Voxson 8-track stereo, P/W, headrest seats, books, tool kit. – Very good paint, chrome and interior. Engine compartment is like new. Restored in 2000 and preserved with little use except driving on and off show fields since. 2013 Cavallino Platinum award winner. Ferrari Classiche certified. – Sold here in 2012 for $1,210,000 with only 303 miles added to the odometer since then. A superb car that brought a superb, curve-setting, price.

Lot # 188 1972 Ferrari 246 GTS Dino, Body by Pininfarina-Scaglietti; S/N 04368; Red/Tan leather, Black stripes; Estimate $385,000 – $450,000; Cosmetic restoration, 3 condition; Hammered Sold at $360,000 plus commission of 10.00%; Final Price $396,000. With Reserve – CD stereo, SF shields, Cromodora alloy wheels, Firestone Affinity tires, headrest Daytona style seats, A/C, P/W. – Decent repaint, chrome and interior. Roof panel is painted glossy black. Door window pockets are filled with overspray and body shop detritus. Felt-ish dashtop covering. Old undercoat in wheelwells. Clean but unrestored engine compartment and engine. Done to a number to ride the Dino wave. – A seriously disappointing Dino for which a generous price was paid.

Lot # 192 1966 Ferrari 330 GT 2+2 Series II, Body by Pininfarina; S/N 08279; Engine # 08279; Ivory/Tan leather; Estimate $400,000 – $600,000; Cosmetic restoration, 3 condition; Hammered Sold at $410,000 plus commission of 10.00%; Final Price $451,000. No Reserve – Chrome spoke Borrani wire wheels, Michelin XWX tires, P/W, Becker Mexico cassette, 4-spoke woodrim steering wheel, extra set of alloy wheels. – Very good paint, chrome and interior. Orderly but not restored engine compartment missing its fuse box cover. Old undercoat in the wheelwells. An unusual color but superficially treated. – Cataloged as ‘fully restore[d] to show standards’, a claim that applies only to the paint, chrome and interior. The engine compartment is as close to a disaster as it is possible to get without being a non-runner or having a fire. It is materially overpriced at this result.

Lot # 193 2007 Ferrari 599 GTB Coupe; S/N ZFFFC60A270150345; Black/Black leather; Estimate $200,000 – $275,000; Unrestored original, 2 condition; Hammered Sold at $620,000 plus commission of 10.00%; Final Price $682,000. With Reserve – 6-speed, red calipers, SF shields, Manettino steering wheel, 20 inch one-piece alloy wheels, carbon-ceramic brakes, Bose 6-CD stereo, Daytona style seats. – One of 20 manual shift 599 GTBs delivered in the U.S. 3,800 miles from new and impeccable. – Without any doubt at all, this was the sensation of the Amelia auctions, a car that is in impeccable condition but carried a list price of just over $300,000. Someone who has driven a manual shift 599 GTB said later, ‘This gearbox was designed for electronic actuation: it’s clunky and awkward as a stick.’ What possessed anyone (who was smart or fortunate enough to have $600 Large to spend on a car) to bid double the MSRP when new just eight years ago and three times RM’s low estimate is a commentary on the money sloshing around the collector car market. This was a show-off transaction that had only one purpose: ‘My wallet is bigger than yours.’ The underbidder got a fistful of drink tickets for helping drive the price up, drinks that should celebrate avoiding a completely mindless expenditure, but a commentary on the state of the market not only for late model Ferraris but also for similar supercars. ‘Over the top’ hardly encompasses how expensive this 599 GTB was.

Ferraris Sold at Auction in 2015 – Page Seven

Bonhams Amelia Island 2015 – Auction Report

Lot # 111 1980 Ferrari 512 BB Berlinetta; S/N 34249; Engine # 00755; Red, Black sills/Tan leather, Black stripes; Estimate $100,000 – $150,000; Visually maintained, largely original, 3 condition; Hammered Sold at $327,000 plus commission of 10.00%; Final Price $359,700. No Reserve – 5-spoke alloy wheels, Michelin XWX tires, A/C, Pioneer cassette stereo, P/W. – Howard Keck owned since new. Flawed old paint, soiled and surface creased seats, sound original carpets, still has the factory clear plastic protective film on the door sill plates. Touched up Black side window frames. Original underbody appropriate to the 13,610 km on the odometer. Sound and usable but aged. – The paint has probably been redone, at least in part, but otherwise this is a well preserved, regularly driven Boxer serviced consistently by some of the best in the LA area including an engine-out timing belt replacement service at 12,903 km, but that was in 2008, seven years ago, making another belt service appropriate before it is driven much farther than on and off a transporter. The estimate reflects an older BB value standard. but is about as far off this car’s value as the price, double the high estimate, it brought. A home run for the seller’s estate but a bit anticipatory for the new owner.

Lot # 114 1969 Ferrari 206 GT Dino; S/N 00336; Engine # 0005116; Red/Black vinyl; Estimate $480,000 – $520,000; Older restoration, 3+ condition; Hammered Sold at $450,000 plus commission of 10.00%; Final Price $495,000. With Reserve – Fusina woodrim steering wheel, Cromodora centerlock alloy wheels, Michelin XWX tires. – Good older repaint with some flaws and a crack just forward of the engine cover. Sound older interior. Good chrome. A little oil mist and road grime down deep in the engine compartment. Orderly, lightly dusty underbody. Good panels, flush fits, even gaps. Color changed from Bianco Luna Metallizzato with Black leather with White inserts. – This would be a spectacular car in its original color scheme but today it’s just a 206 GT in Rosso, which doesn’t do its story justice. Fortunately (?) the repaint isn’t very good so redoing it would not lose much and for an alloy bodied 206 GT this is not an unreasonable price.

Lot # 130 1977 Ferrari 308 GTB, Body by Pininfarina-Scaglietti; S/N 23031; Engine # 23031; Red/Tan leather; Estimate $90,000 – $120,000; Unrestored original, 2- condition; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500. With Reserve – A/C, Blaupunkt cassette stereo, Michelin XWX tires. – Cavallino Platinum Award winner with 39,870 miles from new. Very good paint and interior, both claimed to be and looking like they are original. Engine compartment is nearly like new. Old undercoat in the wheelwells. Very good panel fits and gaps. A clean, usable and presentable example. – This is an unusually well maintained, low mileage, 308 GTB and the bidders recognized it with a markedly superior price that places a great deal of emphasis on its preservation. It would have been expensive at Bonhams $90K low estimate; at a hammer bid 15% over the low estimate it is very expensive.

Lot # 148 1973 Ferrari 365 GTB/4 Daytona Coupe, Body by Pininfarina-Scaglietti; S/N 16393; Rosso Chiaro/Beige leather, Red stripes; Estimate $700,000 – $800,000; Older restoration, 2- condition; Not sold at Hammer bid of $600,000. With Reserve – A/C, Becker Mexico cassette, 5-spoke Cromodora alloy wheels, Michelin XWX tires, Painted nose panel, popup lights, four Borrani wire wheels are included. – Good older paint, chrome and interior. Clean, orderly engine compartment. A tidy and lightly used older restoration. – Sold by Auctions America in Ft. Lauderdale a year ago for $605,000 with 175 fewer km showing on its odometer than it does today, it deserves to bring a little more than the reported high bid, but not much more.

Lot # 155 1994 Ferrari 348 Spider, Body by Pininfarina; S/N ZFFRG43A0R0097343; Red/Tan leather; Black cloth top; Estimate $45,000 – $60,000; Unrestored original, 2- condition; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500. No Reserve – Alpine CD stereo, A/C, Bridgestone tires, books and tools. – A clean, original car in condition appropriate to the 27,907 miles on the odometer. Two major services reported, in 2000 and in 2013 at 24,579 miles. – This result is slightly generous, but at least the new owner won’t face a major service bill for a while.

Lot # 157 1971 Ferrari 246 GT Dino, Body by Scaglietti; S/N 02972; Yellow/Black leather; Estimate $280,000 – $320,000; Cosmetic restoration, 3+ condition; Hammered Sold at $270,000 plus commission of 10.00%; Final Price $297,000. With Reserve – Cromodora 5-bolt wheels, Sumitomo blackwall tires, cassette stereo. – Good but somewhat erratically masked repaint. Good lightly surface creased upholstery. Leather grained dashtop. Underbody has been re-undercoated assembled. Engine has been out and done with just a little oil mist on it. Color changed from Verde Scuro. A pretty fly yellow Dino driver. – It would have brought more in the original color, even in its present marginal condition, but it is reasonably priced here for what it is.

Lot # 165 1992 Ferrari F40 Coupe, Body by Pininfarina; S/N ZFFMN34A1N0093627; Engine # 31130; Red/Red cloth; Estimate $1,200,000 – $1,400,000; Unrestored original, 2- condition; Not sold at Hammer bid of $1,050,000. With Reserve – A/C, modular 5-spoke wheels, Michelin tires. – One of 213 U.S. spec F40s, belt serviced in 2010 at 9,228 miles with only 9,664 miles on the odometer today. Nearly like new, without even the usual driver’s seat bolster wear. (because the seats have been replaced.) Ferrari Classiche certified. – Sold for $326,500 at Christie’s Monterey auction in 2004, the consignor can be understood for not accepting this bid. It is a very good F40 with a benign history and would be realistically valued at Bonhams low estimate.

Gooding and Company Amelia Island 2015 – Auction Report

Lot # 09 1970 Ferrari 365 GT 2+2 Coupe, Body by Pininfarina; S/N 13069; Silver/Black leather; Estimate $250,000 – $325,000; Visually maintained, largely original, 3- condition; Hammered Sold at $255,000 plus commission of 10.00%; Final Price $280,500. With Reserve – Chrome spoke Borrani wire wheels, Michelin XWX tires, Blaupunkt multiband radio, P/W, P/S, A/C. – Poor recent clear coat repaint with many flaws and fisheyes, uneven hood and door fit, dull window trim. Air conditioning not working. Good new upholstery. Rocker panel and radiator support rust. A nasty car dressed up for the auction. – It is hard to believe that any Queen Mother could be worth a quarter of a million dollars, let alone this one, but in the present market that’s what they bring. The flawed condition is somewhat offset by a benign history of 25 years in the consignor’s ownership and shows good attention to upkeep appropriate to its nominal value only a few years ago.

Lot # 27 1961 Ferrari 250 GT Cabriolet Series 2; S/N 2489GT; White, Grey hardtop/Red leather; Estimate $2,000,000 – $2,500,000; Cosmetic restoration, 2- condition; Hammered Sold at $1,900,000 plus commission of 10.00%; Final Price $2,090,000. With Reserve – Notchback hardtop with sliding sunroof, chrome spoke Borrani wire wheels, Pirelli Cinturato tires, Blaupunkt multiband radio. – Fresh cosmetics, and very good. Wheel wells repainted over old, cracked, undercoat. Color changed from Amaranto Roma over natural leather, to no particular advantage. Ferrari Classiche certified, FCA Platinum award. – An exceptionally handsome Ferrari that is set apart from contemporaries by its believed unique sunroof hardtop. The condition isn’t the best, but it is exceptionally unusual and fully deserves the handsome price it brought.

Lot # 32 1974 Ferrari 246 GTS Dino, Body by Scaglietti; S/N 08486; Silver/Tan leather, Black stripes; Estimate $500,000 – $600,000; Cosmetic restoration, 3+ condition; Hammered Sold at $510,000 plus commission of 10.00%; Final Price $561,000. With Reserve – Campagnolo alloy wheels, Michelin XWX tires, chairs and flairs, Borletti A/C, AM-FM. – Underbody resprayed over old, peeling undercoat, then driven. Good recent paint and interior. Some weak trim chrome. Engine is superficially clean, but not restored. A sound car freshened for the hot Dino market. – This Dino has no special history, nor is its early history even known until 1980. Other than Chairs and Flairs it has nothing going for it and it is expensive for its condition.

Ferraris Sold at Auction in 2015 – Page Eight

Lot # 47 1999 Ferrari F355 Fiorano Spider, Body by Pininfarina; S/N ZFFXR48A0X0116495; Silver/Black leather; Black cloth top; Estimate $100,000 – $125,000; Unrestored original, 2 condition; Hammered Sold at $180,000 plus commission of 10.00%; Final Price $198,000. No Reserve – Paddle shift, CD stereo, SF shields, red calipers, A/C, P/W, power seats, Tubi exhaust. – Spotless underbody. Clean and essentially like new showing 13,338 miles on the odometer. Belt serviced in 2013. – One of 104 Serie Fiorano built with upgraded Challenge features including carbon fiber interior trim, Challenge rear grille and uprated suspension, this is a $90,000 car for which double the money was paid. Go figure.

Lot # 50 1967 Ferrari 330 GTC; S/N 10671; Smoke Gray/Cream leather; Estimate $900,000 – $1,100,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $850,000 plus commission of 10.00%; Final Price $935,000. With Reserve – Chrome spoke Borranis, Michelin XWX tires, P/W, Blaupunkt AM-FM. – Good paint and chrome. Good surface creased re-dyed upholstery. Underbody painted over old undercoat. A few minor paint flaws. First owned by Edwin Perona, son of the El Morocco nightclub owner. Repaired in Italy after crashing the driver’s side in 1969 and stored from then until 2001. Driven about 2,000 miles since and now showing 11,171 miles. Not restored but sound and usable. – An attractive color and a refreshing change from ubiquitous red, with a somewhat troubling accident history that supports the price it brought here.

Lot # 54 1974 Ferrari 365 GT4 BB Coupe, Body by Pininfarina-Scaglietti; S/N 18001; Black/Black leather, white stripes; Estimate $425,000 – $475,000; Visually maintained, largely original, 3- condition; Hammered Sold at $365,000 plus commission of 10.00%; Final Price $401,500. With Reserve – A/C, Voxson 8-track stereo, 5-spoke alloy wheels, Pirelli P600 tires in front, P7s in the rear on 9-inch wheels. – Sound repaint but with masking holidays. underbody has original undercoat. Good interior with some seat cushion stretch. Orderly but not fresh engine compartment. Road grimy chassis and ugly under the engine cover. Big paint blisters on the nose. No Federalization plate. Dressed up for the auction. – The Amelia Island bidders weren’t misled into spending a bundle on this BB, a model that has only recently begun to flirt with half-million dollar values. At this price it can be treated to some needed attention without undue expense and is a sound value.

Lot # 57 1979 Ferrari 308 GTB, Body by Pininfarina-Scaglietti; S/N 25737; Red/Tan leather; Estimate $65,000 – $85,000; Visually maintained, largely original, 3- condition; Hammered Sold at $68,000 plus commission of 10.00%; Final Price $74,800. No Reserve – A/C, Michelin Pilot tires, Blaupunkt cassette stereo. – Poor repaint with alligator skin cracking on the roof and elsewhere. Sound but aged old upholstery. Orderly but aged engine compartment. Rust blisters in the lower front corner of the passenger’s door. Not pretty. – Nothing so clearly shows the renewed interest in the long-overlooked 308 GTB than this result for a distinctly marginal example. It would have been half this much only a few months ago.

Lot # 62 1991 Ferrari F40 Coupe, Body by Scaglietti; S/N ZFFMN34A8M0088374; Red/Red cloth; Estimate $1,600,000 – $1,800,000; Visually maintained, largely original, 2- condition; Hammered Sold at $1,475,000 plus commission of 10.00%; Final Price $1,622,500. With Reserve – A/C, modular centerlock wheels, Michelin Pilot Sport tires, Tubi exhaust (factory exhaust included), fitted luggage, tool kit, owner’s folder, car cover. – U.S. spec car with 2,426 miles from new. Thick repaint over old paint, good only lightly scuffed upholstery and belts, cloth upholstered dash top. Body color wheel wells with stone chips through black overpaint. Assembly number 06054. Clean engine compartment is nearly like new. Ferrari Classiche certified. Timing belt serviced four months ago. – Compared with $1,155,000 for the 599 SA Aperta this seems like a heck of a deal in a low mileage, maintained and largely original F40.

Lot # 67 1990 Ferrari 348tb Coupe, Body by Pininfarina; S/N ZFFFA35AXK0082673; Medium Blue/Light Grey; Estimate $75,000 – $95,000; Unrestored original, 3 condition; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500. No Reserve – 3405/300hp, FI, 5-speed, P/W, A/C. – Two owners from new. Rust appearing above the left headlight. Lightly scuffed and surface creased driver’s seat. Clean underbody. Small stone chips on the nose. Minor windshield edge determination. Engine out major service in May of last year. – A good color combination, but showing its age and nothing special even with the fairly recent major service. Even under the low estimate this is an expensive 348tb.

Lot # 72 1973 Ferrari 246 GT Dino, Body by Scaglietti; S/N 04984; Verde Pino Metallizzato/Beige leather; Estimate $380,000 – $440,000; Unrestored original, 4- condition; Not sold at Hammer bid of $330,000. With Reserve – Cromodora alloy wheels, Michelin XWX tires, cassette stereo, headrest seats, Prototipo leather rim steering wheel. – Tired, original car with cracking, peeling paint, cracked, seam pulled upholstery. Rust blisters and festering lumps in the passenger’s door. Needs everything and too far gone to be preserved. – There were three Dino GTs, and another three GTSs, in the Amelia Island auctions. This one was distinguished by its ‘originality’ which in this case means deterioration, body rot and neglect. The pre-sale estimate is nothing if not generous. Even the reported high bid is nothing if not generous for a car that will suck up six-figure money before it is even usable, let alone presentable. Its condition is not close to ‘Preservation’, it’s only neglect.

Lot # 74 2011 Ferrari 599 SA Aperta Convertible, Body by Pininfarina; S/N ZFF72RHA7B0182522; Avio Metallic Azure California/Beige leather; Carbon top; Estimate $900,000 – $1,100,000; Unrestored original, 2 condition; Hammered Sold at $1,050,000 plus commission of 10.00%; Final Price $1,155,000. With Reserve – F1 gearbox, yellow calipers, SF shields, carbon-ceramic brakes, carbon fiber roof panel. – New car with about 350 miles on it, one of 80 built. – $456,000 MSRP, and as magnanimously over-priced as RM’s 599 GTB 6-speed.

Lot # 82 1972 Ferrari 246 GTS Dino; S/N 03652; Red/Black leather, Red stripes; Estimate $350,000 – $425,000; Cosmetic restoration, 3+ condition; Hammered Sold at $325,000 plus commission of 10.00%; Final Price $357,500. With Reserve – A/C, P/W, Daytona style seats, Cromodora alloy wheels, Michelin XWX tires, mousehair covered dashboard. – 1972 LA Auto Show display car. Restored by Ferrari Classiche in 2006 with a renumbered replacement engine. Very good paint, chrome and interior. Underbody repainted over old undercoat. Superficially cleaned up engine in an unrestored compartment. Dressed up to catch the Dino wave. – This Dino looks good at ten feet, but not so good more closely viewed and should be considered fully-priced at this result. It sold at Christie’s Retromobile auction in 2003 for $86,575. When it was offered again by Christie’s at Het Loo six months later they qualified its description with a note on needing ‘thorough mechanical service’, a warning addressed by the subsequent cosmetic restoration and new engine at Ferrari Classiche. Even in the current environment with Dinos the object of avid attention it is no better than the mediocre price it brought.

Ferraris Sold at Auction in 2015 – Page Nine

Auctions America Fort Lauderdale 2015 – Auction Report

Lot # 179 1998 Ferrari 550 Maranello Spider Conversion, Body by Straman; S/N ZFFZR49A6W0111226; Red/Tan leather; Black cloth top; Rebodied or re-created, 3- condition; With Reserve; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – Alloy wheels, open gate 6-speed, Pirelli P Zero tires, tan top boot cover, power windows, air conditioning, factory cassette stereo, dash clock. – Several large chips on the nose and light scratches and swirl marks all over a paint job that looks much older than it is. Light scrapes on the bottom of the plastic front splitter. Scratched headlight covers. Good, clean wheels. Worn interior and scuffed up top boot. The car shows 8,279 miles, but another 8 in front of that would be more believable. The work by Straman is quality and the car looks like it was always meant to be a Spider, but the car looks to have been owned by someone who was more taken with the idea of looking cool in an open Ferrari than with actually taking care of it. The cosmetic condition also calls into question the maintenance history. – With its roof still attached this wouldn’t be more than $60,000 in its current neglected condition, the question is why would it bring more after being decapitated? This is, however, South Florida, where clear skies and sunny days are more common than not and an open top 550 Maranello is appreciated. Pretty much every afternoon a brief downpour drifts across from the Gulf, making its functional soft top and roll up windows vastly more practical than a 550 Barchetta, and for less money. All in all it is a practical and distinctive Ferrari in this market for a realistic price.

Lot # 182 1999 Ferrari F355 F1 Spider, Body by Pininfarina-Scaglietti; S/N ZFFXR48A3X0115082; Fly Yellow/Black leather with Yellow stitching; Black cloth top; Unrestored original, 2- condition; No Reserve; Hammered Sold at $58,000 plus commission of 10.00%; Final Price $63,800 – Pirelli P Zero tires, paddle shifters, SF shields, red calipers, power windows, power seats, air conditioning, cassette stereo, dash clock, tool roll. – Looks to have the original tires. Small scrapes on the bottom of the front bumpers. Tidy engine bay. Decent top. Lightly worn interior. Sound original paint. Euro market car that looks to have a few more than the 13,443 km indicated, but it’s still presentable. – An entirely sensibly bought, low miles Fly Yellow F355 F1 Spider with 375hp. Why is it a fraction of the prices paid for lower performance higher volume earlier mid-engined V8 Ferraris? Not a clue, but this is a quality car in a charismatic color combination for a reasonable price.

Lot # 242 1980 Ferrari 308 GTBi Coupe; S/N ZFFAA01A3A0033487; Red/Black leather; Unrestored original, 3 condition; With Reserve; Hammered Sold at $77,000 plus commission of 10.00%; Final Price $84,700 – Campagnolo wheels, Michelin XWX tires, power windows, air conditioning, leather-wrapped steering wheel, Blaupunkt cassette stereo. – Slightly dull but presentable original paint. Worn driver’s seat but otherwise very good interior. Air conditioning needs servicing. Received a $10,000 full service three years ago. This is a driver-quality 308 represented with 4,100 actual miles. – This is a $45,000 308 with a $30,000 premium for low miles and originality. It looks the part, but with only 205hp in U.S. compliant form it left a lot of performance on the table. It was sold by RM at Amelia in 2006 for $50,600 showing 600 fewer miles on its odometer.

Lot # 399 1983 Ferrari 308 GTS QV Targa, Body by Pininfarina; S/N ZFFMA13A9D0042361; Bianco,, Nero sills/Rosso leather, Black piping.; Unrestored original, 3 condition; With Reserve; Hammered Sold at $84,000 plus commission of 10.00%; Final Price $92,400 – Michelin TRX tires, dual mirrors, power windows, air conditioning, Veglia dash clock, Blaupunkt cassette stereo. – Belt servicing earlier this year. Dull exterior plastic. Dull but sound original paint. Very good, lightly worn interior. Slightly dirty engine bay. Particularly attractive in the white over black Boxer-themed paint job, it’s a sound all-original 308 with 10,396 miles. – Reported sold at Mecum’s Kissimmee auction two months ago on Friday for $70,200, although it was rerun on Sunday and didn’t sell at a hammer bid of $60,000. It would appear to be a handsome return for the speculator who flipped it here, even after covering the cost of the belt service.

Lot # 452 1959 Ferrari 250 GT Pf Coupe, Body by Pinin Farina; S/N 1195GT; Red/Black leather; Older restoration, 3 condition; No Reserve; Hammered Sold at $650,000 plus commission of 10.00%; Final Price $715,000 – Triple Webers, chrome Borrani wire wheels, Cinturato tires, locking filler cap, Nardi woodrim steering wheel, Veglia dash clock, La Chaperon pushbutton radio. – One of the stars of the no reserve lots offered by the Cayman Motor Museum. The 98th of 353 cars built, it was sold new in Rome and was in the United States by the 1980s and was in the Cayman Museum by 1990 showing 87,659 km. Today it shows dull chrome, tired but sound paint, lightly scratched window glass and a dusty but complete engine bay. The interior is good and lightly worn and the bottoms of the exhaust tips are scraped and bent. Certain and expensive mechanical freshening is ahead, but the appeal of this car’s originality is obvious. – The appeal of this Pf Coupe isn’t originality; it’s been restored. It isn’t history; much of it is missing. It isn’t condition; the old restoration is showing its age inside and out, top and bottom. The appeal of this Pf Coupe is that it was offered without reserve and aggressively promoted, leading bidders to keep coming back for more well after passing any reasonable value for it. It’s a charming old car, but one for which $400,000 would have been more in keeping with the current market’s enthusiastic pricing of 250 GT Pf Coupes than the gold-plated price it brought. Record prices do not set the curve until they’re reinforced by other similar results. This is an outlier on Pf Coupe values.

Lot # 453 1978 Ferrari 308 GTB Koenig Coupe, Body by Pininfarina; S/N F106AB21223; Red/Black leather; Original, with non-original appearance items, 3 condition; No Reserve; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000 – Two-piece BBS wheels, Pirelli P7 tires, fiberglass body kit, power windows, Blaupunkt cassette stereo, air conditioning, Momo steering wheel. – From the Cayman Motor Museum. A rare ‘tuner’ Ferrari from Willy Koenig that features a body kit, beefier suspension, wider wheels and bigger brakes. Made its way to the museum in the mid-1990s and looks to have sat ever since. A few dings and chips in the nose and front bumper. The right rear wheel looks like it got a flat and was driven on briefly. The fiberglass roof spoiler is wavy and unsightly. Good, lightly worn interior. A tuned Ferrari that was used as static display is a risky buy, but it sure does look cool. – The essence of this 308 is cafe racer, and aged cafe racer at that. Having sat for years it will take no small expenditure to return it to running, driving condition. And it will still be a cafe racer, just one that is even more expensive than the expensive price it brought here.

Lot # 454 1970 Ferrari 246 GT Dino Coupe, Body by Pininfarina; S/N 00616; Red/Black leather; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $210,000 plus commission of 10.00%; Final Price $231,000 – Aftermarket Compomotive centerlock wheels, Goodyear Eagle tires, dual Talbot Berlin mirrors, Blaupunkt cassette stereo, Veglia dash clock. – From the Cayman Museum, where it has resided since the mid-1990s. L-Series with centerlock wheels. Non-original color (was Argento Metallizzato), but does retain the original interior. Cracking, warped rub strip on the front bumper. Scratched chrome. Cracked marker lenses. Decent paint with several light scratches and one large one behind the engine cover. Black paint is flaking off of the mirrors and the driver’s side mirror element is missing. The cassette stereo is also broken, and there are rips in each seat of the otherwise sound original interior. A sound Dino with many needs. – This result is impressive. It recognizes this Dino’s many needs, blends them appropriately into the bidders’ enthusiasm and comes out the other end at a very realistic price that leaves ample room for the new owner to remedy its many shortcomings and still have a car that (particularly put back to its original silver metallic exterior color) is something to be proud to own and drive, or to turn over for less than its acquisition cost and the price of remediation. A good value.

Lot # 455 1979 Ferrari 512 BB Coupe, Body by Pininfarina; S/N 28053; Red,, Black sills/Black leather; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $260,000 plus commission of 10.00%; Final Price $286,000 – RHD. Gold painted Cromodora wheels, Michelin XWX tires, Momo steering wheel, power windows, air conditioning, Blaupunkt cassette stereo, dash clock. – From the Cayman Motor Museum. Originally thought to have been silver. The early history of this right-hand drive 512 BB isn’t known, but it has been with the consignor since 1980 and it shows just 19,532 miles. Paint is flaking off the wheels. Blemish free but slightly dull paint. Worn but presentable interior. Presents like the museum car that it is with plenty of eyeball from a few feet away but noticeable shortcomings when you get up close. – One of just under a thousand built and long overshadowed by front-engined 12-cylinder Ferraris, Boxers are coming into their own, with plenty of potential for further appreciation. This is appropriate money for an odd-ball in the US, a righthand drive example. Its best and highest use would be to get some attention to the age and display neglect, then go into a container to head for RM Sotheby’s London auction later this year where its steering wheel placement would be a strong inducement for a better price.

Lot # 466 1975 Ferrari Dino 208 GT4 Coupe, Body by Bertone; S/N F106CL11576; Giallo Fly/Dark Blue cloth; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $38,000 plus commission of 10.00%; Final Price $41,800 – 1991cc/170hp, four Webers, 5-speed, narrow Cromodora wheels, power windows, air conditioning, Blaupunkt Dusseldorf radio. – In the Cayman Motor Museum since the mid-1990s. The 208 GT4 was a smaller displacement version of the identical 308 and was built specifically for the Italian market for tax reasons. This one has fairly bad paint with orange peel, light scratches and a few dings on the engine cover. Curb rash and dings on the wheels. Slightly worn steering wheel but otherwise very good interior. Light but visible collision repair on the bodywork behind the right rear wheel. This car has novelty going for it as a fairly rare Italian market 208, but at the end of the day it has a less powerful engine and its condition leaves a lot to be desired. – No automobile more clearly defines Ferrari’s evolution into a boutique manufacturer than the 208 GT. Its owners got the look and the sound of a Ferrari (well, at least a Dino) and escaped confiscatory Italian taxation during the first Oil Crisis. 170hp was brawling power for a 2-liter car in 1975, but was left breathless by a 308’s 240hp. This one’s bodywork has evidence of an eventful life and it brought a fulsome price based on the design, image and marvelous colors.

Lot # 467 1985 Ferrari Mondial 3.2 Cabriolet, Body by Pininfarina; S/N ZFFLC15B000057321; Red/Cream leather; Black cloth top; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $24,000 plus commission of 10.00%; Final Price $26,400 – Michelin TRX tires, power windows, air conditioning, aftermarket stereo, Grey Market with a Federalization sticker. – From the Cayman Motor Museum, where it has been since the mid-1990s. Decent paint. Dull exterior plastic. Missing a couple of interior knobs. Good top. Heavily worn seats. Showing just 33,638 km, but there are much better Mondials to be had out there. – 33,638 km are just 20,900 miles and either this Mondial spent a great deal of time in traffic with its occupants fidgeting in the seats to wear them in or it has more miles than the odometer records. This is appropriate money for a used Mondial 3.2 Cab (all Mondial 3.2 Cabs are used). Deferred maintenance is endemic among them and caveat emptor is the rule, in this case appropriately applied.

Ferraris Sold at Auction in 2015 – Page Ten

Lot # 468 1989 Ferrari 328 GTS Targa, Body by Pininfarina; S/N ZFFWA20B000081897; Giallo Fly/Black leather; Unrestored original, 2 condition; No Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – Alloy wheels, Goodyear Eagle tires, roof spoiler, power windows, air conditioning, dash clock, jack, tool roll, spare. – From the Cayman Motor Museum and in much better shape than most of the other offerings. Sound original paint. Excellent interior. Presumably, it was parked in the museum after racking up the 1,258 km on the odometer and it looks almost new. – A $100K car with a 50% premium for originality and negligible miles. Make that a 70% premium after it gets the attention it hasn’t had in the last 25 years. Is that a lot for a series-built Ferrari with modest performance? It does not seem, among today’s collectors, that it is, although the bragging rights of saying, ‘Look at my 1,500km all-original 328 GTS’ seems more modest than the price paid for them.

Lot # 652 1990 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFAA17B000083593; Rosso Corsa/Black leather; Unrestored original, 2- condition; With Reserve; Hammered Sold at $71,000 plus commission of 10.00%; Final Price $78,100 – Dunlop SP Sport tires, locking filler cap, Momo leather-wrapped steering wheel, power windows, air conditioning, Assembly #7248. – Reported recent engine-out service that replaced the belts. Among the ultra-low mileage barely used TRs and other Ferraris out there, this car’s 33,320 km seems like a lot, but it is still a solid original car with only signs of general use on the paint, interior and engine bay. – Sold for $66,000 at Auctions America’s Spring Auburn sale 10 months ago, the consignor presented a cleaned up car and it brought a superior, but reasonable, price.

Lot # 691 1986 Ferrari 328 GTS Targa, Body by Pininfarina; S/N ZFFXA20A2G0063435; Red/Tan leather; Unrestored original, 3+ condition; With Reserve; Not sold at Hammer bid of $56,000 plus commission of; Final Price $56,000 – Dunlop SP Sport tires, roof spoiler, leather-wrapped steering wheel, power windows, air conditioning, dash clock, later Alpine CD stereo, books, tools. – Reported recent major service. Used but tidy engine bay. Big scuff on the vinyl covered roof panel and paint chips on the nose, but otherwise very good paint. Very good interior with tiny smudges on the passenger’s seat. Some people actually drive their 308/328, and this one shows 82,852 miles, although it definitely doesn’t look it. – The car card proudly announces ‘but 6,068 similar examples built’ as if that were significant. That’s whole lot of examples, making these cars much more common than hen’s teeth. With the miles, and even with a recent major service, this price should have been sufficient to see it sold.

Lot # 708 2000 Ferrari 360 Modena Coupe, Body by Pininfarina-Scaglietti; S/N ZFFYU51A4Y0121588; Yellow/Black leather; Unrestored original, 2- condition; With Reserve; Not sold at Hammer bid of $70,000 plus commission of; Final Price $70,000 – 6-speed, chromed factory alloy wheels, Bridgestone Potenza tires, power windows, Alpine stereo, climate control. – Sound original paint other than a big crack and big chip on the right side of the front bumper and a big ding on the passenger door. Lightly but noticeably worn interior. Very clean engine bay. It’s a used but attractive 360. The wheels are a little much, but bonus for the proper 6-speed. – Offered at Mecum’s Kissimmee auction two months ago with a modest high bid of $55,000, there is really no sound reason why it could not have been sold here at this bid.

Mecum Houston 2015 – Auction Report

Lot # T130.1 1997 Ferrari F355 Berlinetta, Body by Pininfarina; S/N ZFFXR41A9V0109360; Yellow/Black leather with suede inserts; Original, with major mechanical repairs, 2 condition; Hammered Sold at $32,000 plus commission of 8.00%; Final Price $34,560. With Reserve. Bridgestone Potenza tires, power windows, air conditioning, Blaupunkt CD stereo. – Very good paint. Small scrape under the front lip. Fantastic interior. Clean engine bay and undercarriage. Recent timing belt service and represented with new tires, clutch and interior, which makes you wonder why a Ferrari with 16,446 miles on it would need an interior. All in all it’s a beautiful car made more desirable by the open-gate six-speed instead of flappy paddles. – Of the seven Ferraris in Houston this year, this was the cheapest and went way below market value even for a bad example. Ah, but it came with a title branded “Rebuilt” which is the curse of death and why although it sold for $44,280 at Mecum’s Kissimmee auction three months ago it was flipped here at a $12K+ loss. Your first loss is your least loss and keeping it would only depreciate it more. The new interior suggests a fire, with all the havoc that entails to these cars’ complicated wiring and electronics. It was no bargain even at this price.

Lot # S046 2000 Ferrari 550 Maranello Coupe, Body by Pininfarina; S/N ZFFZS49A8Y0120680; Silver/Tan, Black leather; Unrestored original, 3- condition; Hammered Sold at $57,500 plus commission of 8.00%; Final Price $62,100. With Reserve. 6-speed, Continental DW tires, Pioneer stereo with touch screen, power windows, air conditioning. – Front lip is scraped and gouged to the point that it looks like a shark attacked it. Sizable crack and some rock chips on the nose. Scuff above left headlight. Scrape on driver’s side mirror. Many scratches below the trunk. Huge scrape running down from the front of the passenger door with small dents and paint flaking off. Passenger door fit is off. Lightly worn upholstery. Showing 71,919 miles and clearly not loved or pampered. – A 15-year-old Ferrari shouldn’t need a repaint, but this one almost hurts to look at up close and a trip to the body shop and then a respray would go a long way. The seller had a realistic idea of what this car was worth, and let it go for reasonable money.

Lot # S063.1 1993 Ferrari 348ts Serie Speciale Coupe, Body by Pininfarina; S/N ZFFRG36A8P0095763; Red/Tan leather; Unrestored original, 3 condition; Hammered Sold at $50,000 plus commission of 8.00%; Final Price $54,000. With Reserve. Pirelli P Zero tires, power windows, air conditioning. – Very good, lightly worn interior. Sound paint with no major flaws. Showing 19,598 miles, which corresponds to the general lightly used condition of this car. – 88th of 100 TS Serie Speciale cars built for the US market in 1992 and 1993 that featured a little more power, a wider rear track and a shorter final drive as well as a different front spoiler, grille, bumpers and rocker panels. More attractive and faster than a regular 348, but it’s still a 348, one of Ferrari’s least coveted models. Given this car’s condition, the $50,000 high bid was enough. There are two in the current issue of FML for $45K.

Lot # S124.1 1980 Ferrari 308 GTSi Targa, Body by Pininfarina; S/N ZFFAAD2A0032939; Red/Beige leather; Visually maintained, largely original, 3+ condition; Hammered Sold at $44,000 plus commission of 8.00%; Final Price $47,520. With Reserve. Uniroyal Tiger Paw tires, roof spoiler, power windows, air conditioning, leather-wrapped Nardi steering wheel, later Alpine stereo. – Several scratches, dings and touch ups on and around the vents above the headlights. Very clean original engine bay. Dull exterior plastic, especially on the single driver’s side mirror. Very good original interior. The 51,735 miles on this car are somewhere between low and high for a Ferrari and the 1980 injected cars were down on power, but this mostly original car is in presentable shape and pretty enough to be seen in. – The 1980 308s are the less desirable middle children in the 308 family that have less power than both their predecessors and their successors. They have the same good looks, though, so for someone who wants a Prancing Horse badge and thinks 205 horsepower is plenty for roof-off cruising, they make quite a bit of sense. This was a driver quality example and the price paid was just right.

Ferraris Sold at Auction in 2015 – Page Eleven

Lot # S201 2001 Ferrari 360 Spider, Body by Pininfarina; S/N ZFFYT53B000124514; Red/Tan leather; Unrestored original, 3 condition; Hammered Sold at $72,500 plus commission of 8.00%; Final Price $78,300. With Reserve. Paddle shifters, Kumho tires, power windows, power seats, Pioneer CD stereo. – Very worn, discolored upholstery and slightly dull but blemish-free paint. Driven 45,137 miles and not pampered. There’s also no mention of recent service, always something to consider with a Ferrari. – Someone got very, very lucky here to get this price for this neglected old 360 Spider. It sold at the Leake Oklahoma City auction last February (2014) for $57,200 and was bid to an appropriate $55,000 at Mecum’s Austin auction in December of last year. The price here is a magnanimous gift for a scruffy 360 Spider.

RM Sotheby’s Andrews Collection – Auction Report

Lot # 196 1963 Ferrari 400 Superamerica LWB Coupe Aerodinamico, Body by Pininfarina; S/N 5029SA; Engine # 5029; Grigio Argento/Red leather; Estimate $3,500,000 – $4,500,000; Concours restoration, 1- condition; Hammered Sold at $2,600,000 plus commission of 10.00%; Final Price $2,860,000. No Reserve. Covered headlights, overdrive, Borrani wire wheels, Michelin XWX tires, woodrim steering wheel, Panasonic stereo, dash clock, locking filler cap. – Still fresh. Excellent paint, chrome and interior. Phenomenal show quality car. Nearly perfect. 15th of 18 Series II LWB cars. Platinum winner at the 2011 Cavallino Classic. – Sold by Bonhams at Gstaad in 2005 to Lee Herrington for $560,922, then to the Andrews in 2008 at Gooding’s Scottsdale auction for $1,320,000. It is a marvelous automobile and a design statement. Its result should be compared with what it would buy in Ferraris of comparable design, performance and rarity, not in relation to its earlier transactions, but … its profit will make up for any number of lesser losses later in the auction.

Lot # 222 1962 Ferrari 400 Superamerica SWB Cabriolet, Body by Pininfarina; S/N 3309SA; Engine # 3309; Black, Black hardtop/Red leather; Estimate $7,000,000 – $8,500,000; Older restoration, 2+ condition; Hammered Sold at $6,950,000 plus commission of 10.00%; Final Price $7,645,000. No Reserve. 3967/340hp, 4-speed, chrome spoke Borrani wire wheels, Avon blackwall tires, covered headlights, woodrim steering wheel, power windows, locking filler cap, Veglia dash clock. – 1962 New York and Geneva show car. The final SWB Superamerica. Timed at 145mph at Bonneville in 1962. Restored by Patrick Ottis for William Grimsley in 2005 in its present colors. Platinum at Cavallino in 2009, Pebble Beach in 2009. Highly detailed engine bay. Spectacular interior. Excellent paint. A top notch Ferrari. One of the stars of the sale. – Sold by RM at Monaco in 2010 for $3,724,593 ($2,501,340 in today’s strong dollars), the result here in contrast to its Monaco sale is indicative of the profound effect varying exchange rates can have on relative transaction values. It also shows that the premier Ferrari market is dollar-centric, without regard to what collectors spending Euros, Pounds or Yen may want. 250GT California Spiders are bringing well over $10 million and this is more powerful and more rare. In that context it looks to be a rarely good value.

Lot # 226 2008 Ferrari 599 GTB Coupe, Body by Pininfarina; S/N ZFFFC60AX8015928; Red, Matte Black roof/Beige leather; Estimate $240,000 – $280,000; Original, with non-original appearance items, 2- condition; Hammered Sold at $195,000 plus commission of 10.00%; Final Price $214,500. No Reserve. 5999/611hp, F1 transmission, Pirelli P Zero tires, power windows, climate control, 20 inch Black alloy wheels (original wheels and tires included), SF shields, red calipers, Daytona power seats, carbon fiber interior trim, Red stitching. – Two-owner car with 2,800 or so miles. A handful of small chips on the nose and front of the hood. Small scratch on the trunk. Excellent interior. Very lightly used, but used. Still a second-hand Ferrari at this point and gussied up with 599 GTO appearance items. – A snazzy show-off Ferrari that is still depreciating. “Tasteful” begs the question, but it’s still a show-off.

Lot # 239 1989 Ferrari 328 GTS Targa; S/N ZFFXA20A6K0079517; Rosso Corsa, Black vinyl roof/Nero leather; Estimate $75,000 – $125,000; Unrestored original, 2 condition; Hammered Sold at $85,000 plus commission of 10.00%; Final Price $93,500. No Reserve. Alloy wheels, Michelin tires, roof spoiler, leather-wrapped steering wheel, power windows, air conditioning, Alpine CD stereo. – Excellent paint. Barely any signs of use in the seats. Fantastic original example with 26,000 miles on it. A standard 328 that’s been babied, pampered and lightly driven from new. – The past year has seen 308s and 328s shoot way up in value as the general Ferrari market has climbed. While this would have been an astronomical price in 2014, it’s not unusual today for a strong, low miles example like this.

Auctions America Auburn Spring 2015 – Auction Report

Lot # 2099 1982 Ferrari 308 GTBi Coupe, Body by Pininfarina; S/N ZFFAA01A0C0039279; Bianco/Black leather piped in Red; Estimate $60,000 – $75,000; Unrestored original, 3+ condition; Hammered Sold at $53,000 plus commission of 10.00%; Final Price $58,300. With Reserve – Alloy wheels, leather tool kit, power windows, Denon stereo. – Original and unrestored, showing 34,293 miles. Advertised as having a service two years ago, but no information on what that service entailed. Paint is good with a couple of small chips on the front and the rear. Engine bay is clean but not detailed. Interior is fair with both seats showing heavy wear inconsistent with the 34,293 miles on the odometer. Undercarriage is good with little wear. With new upholstery this would be a better than average driver, but now it’s a used 308 in an uncommon color. – The 308 GTBi that was introduced in 1980 featured Bosch fuel injection on its two-valve V-8 instead of the Weber carbs of the first 308s, and was way down on power as a result. They’re still one of the cheapest ways to Ferrari ownership, but even these less coveted models have been caught up in the recent sharp increases in Ferrari values. The price paid here was expensive but not outrageous for a good but not exceptional example, and the seller should be happy to have cashed in on the Ferrari craze. There is a time to take your profits and this seems like the time for 308s.

Mecum Indianapolis 2015 – Auction Report

Lot # F188 1971 Ferrari 365 GTB/4 Daytona Berlinetta, Body by Scaglietti; S/N 14769; Red/Black leather; Estimate $850,000 – $1,000,000; Visually maintained, largely original, 3 condition; Hammered Sold at $775,000 plus commission of 8.00%; Final Price $837,000. With Reserve. Painted nose panel, pop up lights, headrest seats, Blaupunkt Cambridge CD stereo, P/W, A/C, 5-spoke alloy wheels, full tool roll, owner’s manuals, 9-inch rear wheels. – A largely original Daytona with a good older repaint with minor masking holidays, scuffed stainless window trim. Aged undercoating chipped off in places and surface rusted. Uneven hood fit. Doors fit better but not a lot. Dusty but original under the hood. Runs better than it looks. – If this description sounds familiar it’s because it is. Sold by RM in Arizona in January for $715,000 and flipped here with just 11 more miles on the odometer. It was a sound value then but at $122,000 more here it is taking on an expensive mantle.

Lot # S113 1972 Ferrari 365 GTB/4 Daytona Spider Conversion, Body by Carrozzeria Auto Sport; S/N 15689; Red/Tan leather, Black stripes; Black cloth top; Estimate $950,000 – $1,200,000; Rebodied or re-created, 2- condition; Not sold at Hammer bid of $800,000 plus commission of; Final Price $800,000. With Reserve. Alloy body, 8/9 inch chrome spoke Borrani wire wheels, Michelin X blackwalls, P/W, P/S from a C/4, A/C, Pioneer CD stereo. – Quality workmanship and very good paint, chrome and interior showing little age or use. Rebodied for Joe Nastasi after a 1979 accident said to be ‘minor’. Known history from its 1977 import to the U.S. – Crossed the block at Mecum’s Monterey auction in 2013 with a reported high bid of $700,000. The consignor here seems to think the alloy Spider rebody is worth more than a comparable Daytona. That may be correct, but it didn’t bear fruit in Indy.

Lot # S126 1965 Ferrari 275 GTB NART Spider Rebody; S/N 08039; Engine # 08039; Yellow/Black leather; Black cloth top; Estimate $2,900,000 – $3,500,000; Rebodied or re-created, 3+ condition; Not sold at Hammer bid of $1,000,000 plus commission of; Final Price $1,000,000. With Reserve. Chrome spoke Borrani wire wheels, Michelin X blackwall tires. – Wavily rebodied in aluminum after an accident early in its life, 2-cam engine. Good paint and chrome, sound older interior, window cavities loaded with overspray and body shop dust. Orderly engine compartment and underbody but showing age and limited use. – No interest shown on the block. A sound 275 GTB today is a $1.5 million car and this poorly executed NART Spider rebody should be worth about 2/3 of that, especially since there never was a 2-cam NART Spider. It was reported bid to $1.6 million at Russo and Steele in Monterey a year and a half ago. It deserved to be ignored, despite the hype over the value of the original Scaglietti-built 4-cam NART Spiders.

Dragone Greenwich 2015 – Auction Report

Lot # 152 1974 Ferrari 246 GTS Dino; S/N 07896; Ruby Red, Black roof panel/Beige leather, Black stripes; Estimate $425,000 – $475,000; Visually maintained, largely original, 3 condition; Not sold at Hammer bid of $320,000. With Reserve. Cromodora alloy wheels, Michelin XWX tires, Blaupunkt AM-FM, A/C. – Good recent repaint and new upholstery. Underbody has been superficially resprayed assembled. Engine compartment is old and dusty. Dressed up for the auction. – A disappointing auction car that was trying to catch the tail of the Dino skyrocket but missed. If there was money close to the reported high bid the seller should have taken it.

Ferraris Sold at Auction in 2015 – Page Twelve

RM Sotheby’s Pinnacle Portfolio Collection – Auction Report

Lot # 103 2005 Ferrari Enzo Coupe; S/N ZFFCZ56B000141920; Engine # 91280; Rosso Scuderia/Tan leather; Estimate $4,000,000 – $6,000,000; Unrestored original, 2 condition; Hammered Sold at $5,500,000 plus commission of 10.00%; Final Price $6,050,000. With Reserve. Assembly #59050. Carbon fiber spoiler, Daytona seats – Federalized by J.K. Technologies to 2004 US EPA regulations. Spotless and brand new showing 179km on its odometer. The last Enzo built, given to Pope John Paul II by Ferrari, then sold with the proceeds to benefit the victims of the SE Asia tsunami. Serviced last December. – Two bidders, one in the room, one on the phone, from $ 3.7 million, in an extraordinary display of determination. Sold at Sotheby’s disappointing Maranello auction in 2005 for a similarly extraordinary price, Euros 1,055,000, $1,282,987 then and $1,172,105 at the current exchange rate. At least when it was sold for Caritas Charities the buyer could hope for indulgences, but they have been used up. It is a unique Enzo, with an even more unique history. Now its $6 million price makes it even more unique. In terms of ‘the market’ this transaction is irrelevant.

Lot # 106 1995 Ferrari F50 Coupe; S/N ZFFTG46AXS0104063; Rosso Corsa/Black, Red cloth and leather; Estimate $1,600,000 – $2,000,000; Unrestored original, 2 condition; Hammered Sold at $1,800,000 plus commission of 10.00%; Final Price $1,980,000. With Reserve. Assembly # 21127. Hardtop, soft top, factory cases, driving shoes (size unspecified), roll bars, tool kit, manuals and photos of the build process. – Crazed fastener holes in the clear engine cover, otherwise like new and meticulously detailed showing 5,758 miles from new and recently serviced including a 2013 replacement of the fuel tank bladder. – When the speedometer goes up to 220mph the graduations get so small it’s nearly impossible to tell the difference between 65mph and 75mph; the speedo needle is 3mph wide. But Ferrari F50s aren’t meant to be driven on driver-challenged American roads. This is a healthy but not unreasonable price for an F50 with this many miles but also in impeccable and recently maintained condition.

Lot # 116 1994 Ferrari F40 LM Competition Berlinetta; S/N ZFFGX34X000097904; Engine # 019; Red/Red cloth; Estimate $2,000,000 – $2,500,000; Competition car, original as-raced, 2 condition; Hammered Sold at $3,000,000 plus commission of 10.00%; Final Price $3,300,000. With Reserve. 2936/720hp, twin turbochargers, fuel injection, O.Z. 5-spoke wheels, sliding Lexan side windows, real wing and splitter, pushrod suspension – The last F40 LM built by Michelotto in the original production run for Ferrari. No visible seat wear. Very good paint. Shows a little age but is nearly spotless. Never raced. July 2013 timing belt service. A remarkably well-preserved and original automobile. – Capable of blistering performance the lack of use of this F40 LM is almost tragic, especially as at this price it seems destined to be ‘preserved’ and remain on display rather than showing its stuff at track days. F40 LM values have taken off in the last few years and this over-top-estimate result continues the trajectory into new territory.

Lot # 118 1959 Ferrari 250 GT LWB California Spider (open headlight), Body by Scaglietti; S/N 1307GT; Engine # 1307GT; Dark Blue, Silver hardtop/Black leather; Black cloth top; Estimate $9,000,000 – $11,000,000; Older restoration, 2- condition; Post-block sale at $7,727,273 plus commission of 10.00%; Final Price $8,500,000. With Reserve. Cold air box, chrome spoke Borranis, Blaupunkt multiband radio, electric fan, Marchal fog lights in grille, mesh-backed front fender vents, ignition switch moved to driveshaft tunnel-mounted box, modified BMW 507 hardtop long associated with this chassis. Ferrari Classiche certified. – Thankfully not yet modified to covered headlights. Represented to have its original engine. Restored in 2001, repainted in 2005 and 2013 in the original color and still has excellent paint, chrome and interior. It isn’t as fresh underhood as the paint, but still very nice. Better than a “driver” but not a concours queen, either. – Bid to $8 million on the block and reported sold post-block for $8,500,000 all-in. It has a long auction history but this is far and away its most exceptional result. It crossed RM’s auction block in New York in 2002 and at Amelia in 2003 and 2009, each time without selling, then sold at Villa d’Este in 2011 for Euros 2,520,000, $3,571,344 at the time and $2,799,720 at today’s exchange rate. It seemed unduly optimistic when it left the block trailing an unaccepted $8 million bid, but didn’t take long for RM to put this deal together; the seller should be very grateful to RM for its presentation of the car and for the effort it made to close the transaction, which is ample for the car’s configuration, history and presentation.

Lot # 120 1972 Ferrari 365 GTB/4 Daytona Spider, Body by Scaglietti; S/N 16223; Engine # B2136; Red/Black leather; Black cloth top; Estimate $3,000,000 – $3,500,000; Cosmetic restoration, 2- condition; Hammered Sold at $2,500,000 plus commission of 10.00%; Final Price $2,750,000. With Reserve. Chrome spoke Borrani RW 4075 wire wheels, Michelin XWX blackwall tires, Veglia A/C, Becker Mexico cassette stereo, painted nose panel, headrest seats. – Very good paint and chrome, good lightly creased and stretched upholstery. Underbody slathered with sealer. Multiple award winner for several owners. An unusually well-used but also well-maintained Daytona Spider – Sold by Gooding & Company at Pebble Beach in 2006 for $748,000, then again in 2011 for $1,025,000 in a post-block transaction, the result here is realistic for a factory Daytona Spider in its condition with no adverse history, even if it is double and then some the price it brought just four years ago.

Lot # 123 1974 Ferrari 246 GTS Dino Spider; S/N 07794; Engine # 11856; Silver/Red leather, Black bars; Estimate $350,000 – $400,000; Visually maintained, largely original, 2- condition; Hammered Sold at $335,000 plus commission of 10.00%; Final Price $368,500. No Reserve. Matte black roof panel, Borletti A/C, Cromodora alloy wheels, Michelin XWX tires, Becker Europa AM-FM, power windows. – A very good mostly original car with a quality repaint. Clean, orderly underbody and engine compartment. A later E-series Dino with Daytona-style seats in sound but unremarkable condition. – A while ago this Dino GTS, amidst the promotion, presentation and positioning of the Pinnacle Portfolio collection, would not have been at all a surprise to bring over half a million dollars, but the Dino market has, finally, cooled and this below low estimate result is appropriate for its history and presentation. The new owner can expect more depreciation before the curve turns upward again.

Lot # 124 1985 Ferrari 288 GTO Coupe; S/N ZFFPA16B000055181; Red/Black leather; Estimate $2,400,000 – $2,800,000; Unrestored original, 2 condition; Hammered Sold at $2,200,000 plus commission of 10.00%; Final Price $2,420,000. With Reserve. Air conditioning, power windows, Speedline 5-spoke modular wheels, Audioline cassette stereo, BFG g-Force tires. – Very good paint and interior. Impeccable engine and underbody. Fresh timing belt service. – Interest in Dinos may be curtailed, but interest in 288 GTOs is strong and this is what it takes to own one these days. There were two at the Monterey auctions, sold on bids only $50,000 apart, the rounding error of a single bid increment.

Lot # 125 1960 Ferrari 250 GT SWB Competizione Coupe Alloy, Body by Scaglietti; S/N 1773GT; Engine # 1773GT; Yellow/Green leather; Estimate -; Competition restoration, 2 condition; Not sold at Hammer bid of $13,250,000. With Reserve. Chrome braced rollbar, chrome spoke Borrani wire wheels, Michelin X tires, Marchal headlights and fog lights. – First owned by George Arents, driven by Arents and Bill Kimberly at Sebring, finishing 7th overall and 5th in class. Then sold to Bob Grossman. First overall at the SCCA Nationals at Bridgehampton and 2nd (to Stirling Moss in another SWB) at Nassau’s Tourist Trophy and winner of the GT class in the Nassau Trophy, then SCCA raced through 1961 by Bob Hathaway. New front end body panels in the early 90’s, then restored in 1994 by DK Engineering. Freshly restored by Motion Products reportedly at a cost of nearly $700,000. It shows in the excellent paint, brightwork and interior and an engine compartment that is better than new but not overdone. Aluminum bumpers are bright but lightly burnished. Vinyl number roundels. Represented as the original engine, chassis, body (except for the nose), gearbox and diff. – Sold by Brooks at Gstaad in 1999 after its first restoration for $1,118,901, a transaction that is all but irrelevant by now and after 1773GT’s most recent and meticulous restoration. The U.S. race history might not have the same cachet as one from the Continent peppered with circuits like Le Mans, Spa and Nürburgring, but it still adds credibility and a touch of star power. It is, even conservatively, worth more than the reported high bid.

Ferraris Sold at Auction in 2015 – Page Thirteen

RM Sotheby’s Monterey 2015 – Auction Report

Lot # 215 1957 Ferrari 250 GT Coupe, Body by Boano; S/N 0667 GT; Engine # 0667GT; Red, Ivory roof/Tan leather; Estimate $1,300,000 – $1,500,000; Recent restoration, 2+ condition; Bid to $960,000 on the block and reported sold later at an undisclosed price. With Reserve. Chrome spoke Borrani wire wheels, Pirelli tires, Marchal head and driving lights. – Very good paint, chrome and interior. Wiring is crudely spliced, hanging under the dash with a dangling toggle switch. Underbody is like new. Engine compartment is fresh and spotless. – A no-sale on the block at this hammer bid and reported sold post-block at an undisclosed price. It’s hard to sell a car at auction for over a million dollars when the wiring suggests it might catch fire at any moment, but RM Sotheby’s must have been able to assuage someone’s doubts in order to get the deal done.

Lot # 217 1950 Ferrari 275S/340 America Barchetta, Body by Scaglietti; S/N 0030 MT; Engine # 0030MT; Red/Brown leather, cloth; Estimate $7,500,000 – $10,000,000; Competition restoration, 3+ condition; Hammered Sold at $7,250,000 plus commission of 10.00%; Final Price $7,975,000. With Reserve. RHD. Silver painted Borrani RW3077B wire wheels, full width windscreen, covered headlights. Ferrari Classiche attestation for competition cars [i.e., not as-built, but pretty pure and very cool.] – Originally a Touring Barchetta driven by Ascari with Senesio Nicolini in the 1950 Mille Miglia, the first Lampredi-engined Ferrari competition car, later updated by Ferrari with 340 America power and raced by Scuderia Marzotto in the Mille Miglia in 1951 and 1952. At some early point rebodied by Scaglietti with the current body and passed through several hands before arriving with Peter Markowski where it stayed until 1999 (after an AutoWeek profile by some aspiring writer.) Enthusiastically used through the early 00’s in Europe. Sound but aged old paint over earlier paint and lumpy body. Sound but worn upholstery. Edges chipped, interior body panels still show the marks of Scaglietti’s hammers. Doors covered in old event stickers. – This is just a gorgeous old Ferrari race car with Ascari, Bracco and Marzotto history in three Mille Miglias. It’s never been made into a concours queen, instead being driven and enjoyed by its early Ferrari pilots, preserved by Peter Markowski and then honored without being iconified. I drove it for that AutoWeek profile years ago and it’s hard to imagine having more fun with this little horsepower. The new owner would be commended for retaining the nicks, dings and dimples that are the record of its history.

Lot # 230 1967 Ferrari 330 GTS Spider, Body by Pininfarina; S/N 9781; Engine # 9781; Nocciola (Hazelnut)/Black leather; Black cloth top; Estimate $2,650,000 – $2,950,000; Recent restoration, 2+ condition; Bid to $2,250,000 on the block and reported sold at an undisclosed price. With Reserve. Chrome spoke polished rim Borrani RW4039 wire wheels, Michelin X blackwalls, P/W, halogen headlights, owner’s manual, full tool roll, Ferrari Classiche certification in process. – Gorgeous paint, chrome, interior, top and glass. Restored better than new in the original colors but without going too far. – A no-sale on the block at this bid and reported sold post-block at an undisclosed price.

Lot # 242 1963 Ferrari 250 GT/L Lusso Berlinetta, Body by Pininfarina-Scaglietti; S/N 5607GT; Dark Blue/Brown leather; Estimate $2,300,000 – $2,600,000; Recent restoration, 2+ condition; Bid to $2,000,000 on the block and reported sold later at an undisclosed price. With Reserve. Chrome spoke Borranis, Michelin XWX tires, Carello headlights, Marchal fog lights. – Excellent paint, chrome and interior in attractive and unusual colors. Underbody is restored like new. Impressively flat panels, flush fits and even gaps. A beautiful car, beautifully presented. – A no-sale on the block at this high bid and reported sold post-block at an undisclosed price. The seller’s reluctance to accept the reported high bid for this choice, meticulously restored, Lusso is understandable. What it brought in the end is unknown, but certainly more (considering commission deals and all that) than this.

Lot # 248 1970 Ferrari 365 GTB/4 Daytona Coupe, Body by Pininfarina-Scaglietti; S/N 13361; Engine # B362; Rosso Chiaro/Black leather; Estimate $900,000 – $1,200,000; Recent restoration, 2+ condition; Hammered Sold at $950,000 plus commission of 10.00%; Final Price $1,045,000. With Reserve. Chrome spoke Borrani wire wheels, Michelin XWX tires, A/C, Voxson 8-track stereo, clear nose panel, covered headlights. – The U.S. prototype Daytona, delivered to Bill Harrah in Reno. October 1970 Road & Track cover car. Freshly restored to showroom condition with sharp paint, chrome and interior. – Sold by RM here two years ago for $583,000 before restoration to its original clear nose panel, covered headlight configuration. It was a good car then. It is a better (much better) car now, and relatively modestly priced for its history and configuration. The seller spent money wisely and prudently, caught the Daytona wave, and did well. The new owner could do as well if the wave curl doesn’t swallow Daytonas up.

Lot # 309 1966 Ferrari 275 GTB Alloy Coupe, Body by Scaglietti; S/N 08517; Engine # 08517; Ice Blue/Dark Blue leather; Estimate $3,600,000 – $4,200,000; Recent restoration, 2 condition; Hammered Sold at $3,600,000 plus commission of 10.00%; Final Price $3,960,000. With Reserve. Long nose, torque tube, alloy body, six Webers, outside fuel filler, alloy wheels (a set of Borrani wire wheels is included), Michelin X blackwalls, halogen headlights, tools, books and jack, Ferrari Classiche certification in process and represented as matching numbers drivetrain. – Excellent paint, chrome and interior. Restored like new although the color is changed from Rosso Chiaro over Black leather to the current livery. First in class at the 2014 Forest Grove Concours and still Impeccable. Represented as matching numbers drivetrain. – So many Ferraris have been changed from their individual original liveries to generic Rosso over Tan that it is almost impossible to imagine this 6-carb longnose 275 GTB going to Celeste Chiaro Metallizzato over Black. And yet it works, highlighting the longnose 275 GTB’s lines with subtlety and style. It is an exceptional Ferrari, by any standard, in impeccable condition and deserves the result it brought.

Lot # 332 1956 Ferrari 250 GT TdF Berlinetta, Body by Scaglietti; S/N 0557GT; Engine # 0557GT; Light Blue/Black leather; Estimate -; Competition restoration, 2+ condition; Hammered Sold at $12,000,000 plus commission of 10.00%; Final Price $13,200,000. With Reserve. Silver painted Borrani RW3264 wire wheels, Marchal head and fog lights, Blaupunkt multiband radio, passenger’s seat headrest. – Alfonso de Portago and Edmund Nelson’s 1956 Tour de France winning car, sold after de Portago’s death to C. Keith W. Schellenberg. Restored by Bob Smith Coachworks in the mid-90’s for Lorenzo Zambrano and shown regularly in following years with a string of awards to show for it. Excellent paint, chrome and interior. Restored better than new but not to excess and holding up nearly unbelievably well, the prime example of the first series LWB 250 GT competition berlinetta that became known as the Tour de France for the series of victories that began with this car, Portago and Nelson in 1956. – One of the stars of the 2015 Monterey week, a car that combines beauty, performance, purpose and a singularly important history with a first class restoration and superb preservation. It’s worth every penny of the not inconsiderable price it brought.

Bonhams Quail Lodge 2015 – Auction Report

Lot # 6 1971 Ferrari 365 GTC/4 Coupe, Body by Pininfarina; S/N 14871; Engine # 14871; Silver/Red cloth, Black leather; Estimate $275,000 – $325,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $295,000 plus commission of 10.00%; Final Price $324,500. With Reserve. Becker Mexico cassette, P/W, A/C, chrome Borranis, Michelin XWX tires. – Good but sometimes erratically masked repaint. Fresh interior in a custom pattern. Clean underbody with old undercoat. Good chrome. Clean underhood, with a new brake booster. A clean, attractive, visibly well maintained C/4. – Once upon a time C/4s were overlooked and affordable, despite having much the same drivetrain as a Daytona and more room inside for kids or friends. They are still affordable, but only in terms relative to Daytonas and Lussos. The custom seat upholstery in this example is somewhat startling, but probably very comfortable. The price is representative of today’s C/4 market.

Lot # 21 1987 Ferrari 328 GTS Spider, Body by Pininfarina-Scaglietti; S/N ZFFXA20A8H0067927; Engine # 01012; Red/Beige leather; Estimate $75,000 – $100,000; Unrestored original, 2- condition; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500. No Reserve. A/C, Blaupunkt cassette stereo, Pirelli tires, tool roll, jack, spare keys, owner’s manual, service records. – Very clean and essentially like new. Underbody appears to have been resprayed with undercoat. Driver’s seat is barely worn. Major service a year ago, then a belt service this year. 25,729 miles from new – Generously priced even as a well maintained, low miles, fully original example, but still an attractive car and no more expensive than it deserves to be.

Ferraris Sold at Auction in 2015 – Page Fourteen

Lot # 56 1959 Ferrari 250 GT Interim Berlinetta, Body by Scaglietti; S/N 1519GT; Engine # 1519GT; Red, White stripe/Beige leather; Estimate $9,000,000 – $12,000,000; Competition restoration, 2+ condition; Hammered Sold at $7,750,000 plus commission of 10.00%; Final Price $8,525,000. With Reserve. Chrome spoke Borrani RW3526 wire wheels, Pirelli Cinturato HS-367 tires, Marchal head and fog lights, Ferrari Classiche certified. – Originally delivered to Jean-Pierre Schild, third overall in the 1959 Tour de France. Updated thereafter with Dunlop disc brakes and sold to the U.S. where it was raced for John Bunch by Dean McCarthy in SCCA. Stored many years by the next two owners after the engine was removed by Bob Grossman and eventually reunited with its original engine (but not the gearbox.) Restored in 2014 and shown over the next two years with many awards. Excellent paint, chrome and interior. Underbody has been restored like new and now shows a little use consistent with the 559 miles on the odometer. – A significant example of the unusual transitional Interim Berlinetta style between the TdF and subsequent SWB Berlinetta, with some good early competition history in Europe and the U.S. Arguably more significant (if longer) than an SWB and bought at a 30% discount from SWB values, this ranks as a realistic but perhaps underappreciated value.

Lot # 65 1951 Ferrari 212 Inter Cabriolet, Body by Vignale; S/N 0159EL; Engine # 0159E; Rosso Bordeaux/Beige leather; Beige cloth top; Estimate $2,400,000 – $2,800,000; Older restoration, 1- condition; Hammered Sold at $2,000,000 plus commission of 10.00%; Final Price $2,200,000. With Reserve. RHD. Chrome spoke Borrani wire wheels, Dunlop Road Speed tires, turn signals, luggage, Marchal headlights, Ferrari Classiche certified. Engine internal number 72. – Excellent paint, chrome and interior. A concours restoration with a little age but almost no use. Known history from new, restored in 2014, second in class to the eventual Best in Show winning Ferrari 375MM at Pebble Beach in 2014. – Any road-driven open Ferrari of this era is a real find but Vignale’s voluptuous coachwork makes it even more desirable. This transaction reflects a meaningful, but perhaps modest, premium over coupe and berlinetta 212 Inters.

Lot # 81 1962 Ferrari 250 GTE 2+2, Body by Pinin Farina; S/N 4001GT; Engine # 4001GT; Dark Blue/Brown leather; Estimate $400,000 – $450,000; Visually maintained, largely original, 4+ condition; Hammered Sold at $335,000 plus commission of 10.00%; Final Price $368,500. With Reserve. Hitachi AM-FM, chrome spoke Borranis, Michelin XWX tires, Crane XP700 ignition module. Internal # 654/62E. – Poor old paint abundantly flawed and edge chipped. Poor chrome. Stretched upholstery. Reportedly has $80K in receipts for recent engine, suspension and gearbox work but is in desperate need of paint and a caring home. – This is a project, even with the recent mechanical work, that is daunting in its extent and will take a bazillion dollars to be the equal of the fantastically expensive (but unbelievably meticulously restored) 2651GT sold by Gooding this week for $797,500. This result may be under the low estimate, but it is still thoroughly optimistic.

Lot # 103 1979 Ferrari 308 GTB Coupe, Body by Pininfarina; S/N F106AB30461; Engine # F106AE01816; Red/Black; Estimate $90,000 – $110,000; Unrestored original, 2- condition; Hammered Sold at $115,000 plus commission of 10.00%; Final Price $126,500. With Reserve. Alpine CD stereo, A/C, Michelin XWX tires, P/W, tools, jack, manuals. – Excellent paint and interior. Underbody is older but clean and tidy. An impressive unrestored 308 with 23,169 miles from new and a fresh cam belt service three months ago. – OK, I admit it. I thought this 308 was repainted when I first looked at it. The paint was that good. With low miles, impressive originality and preserved in nearly showroom condition, this is a standout 308 GTB, and it brought a standout price appropriate to its condition and preservation.

Gooding and Company Pebble Beach 2015 – Auction Report

Lot # 2 2001 Ferrari 360 Modena F1 Berlinetta; S/N ZFFYU51AX10126543; Red/Tan leather; Estimate $100,000 – $120,000; Unrestored original, 2 condition; Hammered Sold at $95,000 plus commission of 10.00%; Final Price $104,500. No Reserve. F1 gearbox, red calipers, books, tools, car cover, service records. – Unblemished and like new with just 1,800 miles. Recent full service by the selling Ferrari dealer and four new tires. – It is almost inconceivable that a beautiful driver’s automobile like this 360 Modena can accumulate only 1,800 miles in fourteen years. What a waste. And it sure didn’t ‘appreciate’, either, although a comparable car with a couple thousand miles a year on its odometer would be worth only $20 Grand or so less, a modest discount for the fun and prestige of driving such a car.

Lot # 5 1995 Ferrari F512 M Coupe, Body by Pininfarina; S/N ZFFVG40AXS0100483; Gunmetal Grey Metallic/Tan leather; Estimate $450,000 – $525,000; Unrestored original, 2- condition; Hammered Sold at $545,000 plus commission of 10.00%; Final Price $599,500. With Reserve. – The driver’s seat is lightly soiled and creased but otherwise is like new with some road dust in the wheelwells appropriate to the 14,139 miles showing. The paint is unblemished, even on the nose. – This is a rare paint color, but c’mon, this is a 512 TR with 11 more horsepower, plastic headlight covers and aluminum pedal pads. It would have been expensive at the low estimate; at the price it brought it is very expensive.

Lot # 20 1965 Ferrari 500 Superfast Series I Coupe, Body by Pininfarina; S/N 6049SA; Engine # 6049; Dark Blue/Red leather; Estimate $3,000,000 – $3,400,000; Recent restoration, 2+ condition; Hammered Sold at $2,750,000 plus commission of 10.00%; Final Price $3,025,000. With Reserve. Chrome spoke Borrani RW 3801 wire wheels, Pirelli Cinturato tires, Becker Europa AM-FM, P/W, books, tools, luggage, Ferrari Classiche certified, open headlights. – Built for the Prince Sadruddin Aga Khan, later owned by Pierre Bardinon. Freshly restored by Motion Products to meticulous standards. Excellent paint, chrome and interior. Underbody and chassis done to showroom standards. Shown at Pebble Beach last year. – Impeccable provenance, impeccable restoration, abundant power and exclusive Pininfarina design; it’s somewhat surprising that this Superfast (and its counterparts) haven’t caught collectors’ eyes more than they have. It is a superb automobile and a sound value. Prior to its restoration it was a $814,000 sale at Gooding’s Amelia Island auction in 2010, then $1,100,000 at Scottsdale in 2012.

Ferraris Sold at Auction in 2015 – Page Fifteen

Lot # 21 1969 Ferrari 206 GT Dino Coupe, Body by Scaglietti; S/N 00320; Red/Black vinyl; Estimate $725,000 – $800,000; Recent restoration, 2+ condition; Hammered Sold at $730,000 plus commission of 10.00%; Final Price $803,000. With Reserve. Cromodora alloy wheels, Michelin XWX tires, headrest seats, Carello halogen headlights, Ferrari Classiche certified. – Excellent paint, chrome and interior. Recently restored to better than new condition, class winner and Platinum at Cavallino Classic earlier this year. – Down a little on power from their 2-liter 180hp engines, the earliest Dinos make up for it with a shorter wheelbase and lighter weight, factors along with the rarity assured by only 153 of the type built that makes them unusually valuable. This car’s clear history and the meticulous restoration attested to by recent accolades at Cavallino make is a sound value at this price.

Lot # 34 1966 Ferrari 206 S Dino Competition Spider, Body by Drogo; S/N 026; Engine # 15; Red, White/Red, Black vinyl; Estimate $2,600,000 – $3,400,000; Rebodied or re-created, 3 condition; Hammered Sold at $2,100,000 plus commission of 10.00%; Final Price $2,310,000. No Reserve. RHD. Yellow alloy wheels. – Raced when new by Scuderia Filipinetti at Sebring in 1967, then raced and caught fire at the Nürburgring. Restored by Corrado Cupellini in 1983 with a Ferrari F2 engine, then restored again by Terry Hoyle for Bernie Carl with the dual ignition 206S engine now in it. Good paint, older interior. Shows some age but limited use. – Offered by RM in Arizona in 2007 with a high bid of $1 million and in essentially the same condition as it is today. It has a clear, if somewhat smoky, history and brought a realistic price for its presentation, history and potential performance.

Lot # 37 1990 Ferrari F40 Coupe, Body by Scaglietti; S/N ZFFMN34A3N0092978; Red/Red cloth; Estimate $1,100,000 – $1,300,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $1,250,000 plus commission of 10.00%; Final Price $1,375,000. With Reserve. A/C, modular wheels, PZero tires. Tools, manuals, service records, Ferrari Classiche certified. Assembly #10178. – Repainted but otherwise a sound, lightly used F40 in condition appropriate to the 12,717 miles on the odometer. Timing belt service 29 miles and ten months ago. – The appeal of the F40 continues to grow at a material rate and this is a representative result for a quality, lightly used example with recent service.

Lot # 39 1962 Ferrari 250 GT SWB Berlinetta, Body by Bertone; S/N 3269GT; Engine # 3269; Dark Blue/Oxblood leather; Estimate $14,000,000 – $16,000,000; Recent restoration, 2+ condition; Hammered Sold at $15,000,000 plus commission of 10.00%; Final Price $16,500,000. With Reserve. Chrome spoke Borrani RW3690 wheels, Michelin XVS blackwalls, radio. Ferrari Classiche certified. – Giorgetto Giugiaro design for Nuccio Bertone with sharknose grilles similar to the then-current Ferrari F1 cars. Exhibited at Geneva in 1962, then at the Biscaretti Museum and Turin Auto Show in somewhat revised form and color. Owned for many years by Lorenzo Zambrano and twice restored, most recently by Bob Smith Coachworks. Excellent paint, chrome and interior. Underbody and chassis are done like new. A carefully done, quality car. – A distinctive SWB, one of only a trifling number of Bertone-bodied Ferraris, loaded with unique details, with a clear, essentially unblemished history. The premium over a regular SWB Berlinetta in equally superlative condition is, under the circumstances, modest and amply supported by the unique coachwork and history. Within two weeks it was featured for sale on the website of a UK Ferrari dealer.

Lot # 40 2001 Ferrari 550 Barchetta, Body by Pininfarina; S/N ZFFZR52A110124300; Silver/Black leather; Estimate $550,000 – $625,000; Unrestored original, 2 condition; Hammered Sold at $660,000 plus commission of 10.00%; Final Price $726,000. With Reserve. Alloy wheels, Michelin Pilot Sport tires, suede dash and transmission tunnel, factory CD stereo, power windows, air conditioning. – Tiny scrapes on the bottom of the front lip. Excellent paint and interior with no signs of use. A desirable and already collectible open top 550 that hasn’t even been broken in with 152 miles on it. One of 448 examples built. – The 550 Barchetta is rare and intriguing – if barely practical with its handkerchief emergency soft top – but the price of this one is around three times more than a fixed roof 550 Maranello. The bidders, who pursued it above Gooding & Company’s pre-sale high estimate, must have seen the value, or placed high value on the bragging rights.

Lot # 53 1969 Ferrari 365 GTC Coupe, Body by Pininfarina; S/N 12415; Engine # 12415; Red/Black leather; Estimate $900,000 – $1,100,000; Visually maintained, largely original, 3 condition; Hammered Sold at $825,000 plus commission of 10.00%; Final Price $907,500. With Reserve. Becker Europa II AM-FM, chrome spoke Borranis, Michelin XWX tires, Ferrari Classiche certified. – Fair older paint and interior. Old undercoat in wheelwells. Small edge chips around the hood opening. A driver. – Gooding had two 365 GTCs at the Pebble Beach auction. Sold on Saturday, this one was not as well presented as the [engine-changed] one sold Sunday yet it brought $100,000 more at the hammer bid. The situation suggests there were a finite, and small, number of available bidders for the model and after chasing this one to a generous price they regained some measure of composure after a night’s sleep.

Lot # 57 1961 Ferrari 250 GTE Series I 2+2, Body by Pininfarina; S/N 2927GT; Engine # 2927; Red/Tan leather; Estimate $350,000 – $450,000; Unrestored original, 4 condition; Hammered Sold at $380,000 plus commission of 10.00%; Final Price $418,000. No Reserve. Chrome spoke Borrani wire wheels, Pirelli tires. – Surprisingly sound paint under a uniform coat of recent dust. Sound but surface cracked and creased original upholstery. Flaky taillight and trim chrome but fairly good bumpers. Peeling dashboard paint. Stored many years and offered in dry, dusty Texas barn find condition with three owners from new and a large file of documentation and manuals. – It looks like it was freshly hit with an appliqué of barn floor dust from the back end of a vacuum cleaner. It was enough, however, to induce the Equestrian Center bidders into a paroxysm of exuberance resulting in this price, which is more than sufficient for a good, sound, running and driving GTE. The attraction of dirt continues to amaze.

Lot # 59 1965 Ferrari 275 GTS Spider, Body by Pininfarina; S/N 07559; Engine # 07559; Swaters Blue/Cognac leather; Dark Blue cloth top; Estimate $1,800,000 – $2,200,000; Cosmetic restoration, 3+ condition; Hammered Sold at $1,750,000 plus commission of 10.00%; Final Price $1,925,000. With Reserve. Chrome spoke Borrani RW 4039 wire wheels, Michelin XWX tires, Blaupunkt multiband radio, power windows. – Excellent paint, chrome and inviting interior. Underbody has been quickly sprayed with glossy sealer over old undercoat leaving many shadows. Engine rebuilt, reupholstered and repainted last year. A pretty, driver quality GTS. – One of few instances where the convertible is worth less than the berlinetta, and in the case of the 275 GTS the difference is significant. This is at least as good a GTS as the price paid for it and it blessedly isn’t too good to be driven.

Lot # 65 2005 Ferrari 575M Superamerica Convertible, Body by Pininfarina; S/N ZFFGT61A350145719; NART Blue/Tan leather; Estimate $425,000 – $475,000; Unrestored original, 2 condition; Hammered Sold at $400,000 plus commission of 10.00%; Final Price $440,000. With Reserve. CD changer, SF shields, F1 transmission, 5-spoke modular alloy wheels, GTC handling package, Daytona seats, carbon brake discs, silver calipers, chip guarded nose. – Clean used car with only 1,700 miles. – The 575M Superamerica’s folding, electrochromic glass roof panel is a technical triumph. There were just 559 built, only two in the U.S. in this color. The bidders’ determination of value is generous, but impossible to fault.

Ferraris Sold at Auction in 2015 – Page Sixteen

Lot # 101 1976 Ferrari 308 GTB Coupe (fiberglass), Body by Scaglietti; S/N 19397; Red/Tan leather; Estimate $175,000 – $225,000; Recent restoration, 2- condition; Hammered Sold at $225,000 plus commission of 10.00%; Final Price $247,500. No Reserve. Clarion cassette stereo, power windows, air conditioning, 5-spoke Campagnolo alloy wheels, Michelin XWX tires. – Believed to be the first fiberglass 308 GTB built for the U.S. market. Very good paint and interior with lightly stretched seat cushions and scuffed bolsters. Underbody is carefully repainted. The engine compartment, front storage and chassis are like new. Pretty on the outside but even better where it’s hard to see, particularly for a restoration done more than twenty years ago. – Climbing steadily in value, the early vetroresina 308 GTBs occupy a special place in Ferrari history, akin to the early alloy bodied 206 GT Dinos. Restored to very high standards and marvelously maintained since, this example brought a deserved premium price.

Lot # 104 1980 Ferrari 512 BB Coupe; S/N 30931; Black/Tan leather, black bars; Estimate $350,000 – $425,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $320,000 plus commission of 10.00%; Final Price $352,000. With Reserve. Alpine CD stereo, power windows, air conditioning, Cromodora 5-spoke centerlock alloy wheels, Michelin XWX tires, tools, manuals, jack, Euro bumpers. – Good repaint and original interior but old undercoat underneath that shows the 15,715 miles from new. A Grey Market car with a 1980 EPA letter affirming that it met U.S. emissions (no word yet on DOT crash standards.) – Long a stepchild, the 512 BB is no longer overlooked, as this result confirms. The BB’s condition is good, but aged sufficiently that the 15,715 miles it has covered are somewhat irrelevant. Both the seller and the buyer should be satisfied with the financial aspects of this transaction.

Lot # 106 1968 Ferrari 365 GTC Coupe, Body by Pininfarina; S/N 12035; Dark Blue/Black leather; Estimate $800,000 – $900,000; Cosmetic restoration, 3+ condition; Hammered Sold at $725,000 plus commission of 10.00%; Final Price $797,500. With Reserve. Chrome spoke Borrani RW 4039 wire wheels, Michelin Harmony tires, power windows, halogen headlights, air conditioning. – Decent older paint with limited attention to wet sanding in difficult areas. Stone chipped nose. Good glass, interior and chrome. Old undercoat in wheelwells. A presentable driver quality GTC with an ageing 2009 Motion Products restoration and a probably later engine. – Bought for a hundred thousand dollars less than the 365 GTC Gooding sold on Saturday, in noticeably better condition but with a later restamped engine, this result represents a sound value with a quality restoration in colors that complement the GTC’s coachwork.

Lot # 116 1961 Ferrari 250 GTE 2+2, Body by Pinin Farina; S/N 2651GT; Dark Blue/Beige leather; Estimate $550,000 – $650,000; Recent restoration, 2+ condition; Hammered Sold at $725,000 plus commission of 10.00%; Final Price $797,500. With Reserve. Chrome spoke Borrani RW 3591 wire wheels, Michelin XVS tires, Blaupunkt multiband radio, Marchal head and fog lights. Ferrari Classiche certified. – Excellent paint, chrome and interior after a three year restoration in Italy completed early last year. Inviting, fresh upholstery. Underbody coated in old undercoat but the chassis is done like new with negligible evidence of use. – Holy Maranello! Eight Hundred Thousand Dollars for a 250 GTE. It is without doubt one of the best in the world, but Eight Hundred Thousand Dollars? The Sunday audience in the Equestrian Center tent were stunned into silence and exchanging wide-eyed gazes. For this much money the Italians could at least have media blasted off the old undercoat before repainting.

Lot # 129 1961 Ferrari 250 GT SWB California Spider (closed headlight), Body by Scaglietti; S/N 3095GT; Red/Tan; Estimate $16,000,000 – $18,000,000; Cosmetic restoration, 3 condition; Hammered Sold at $15,300,000 plus commission of 10.00%; Final Price $16,830,000. With Reserve. Chrome spoke Borrani RW 3715/3773 F/R wire wheels, Michelin XVS tires, passenger’s headrest, Marchal fog lights and covered Marchal headlights, Ferrari Classiche certified. – Decent older paint, chrome and especially attractive, inviting interior. Orderly engine compartment, road grimy chassis, worn old top, good gauges and dash. Wheels are various ages. Well used but sound and orderly, this is the rarely seen California Spider driver. – The open-top counterpart of the 250 SWB Berlinetta combines great performance, light weight and aggressive good looks with rarity to make one of the most desirable of all Ferraris, a fact amply supported by the handsome, but understandable, price it brought here. There is a cost to following fickle fashion, and that is a large component of the price paid for this SWB Cal Spider: nearly double the cost of RM’s LWB open headlight Cal Spider.

1957 Ferrari 410 Superamerica SII Coupe (open headlight), Body by Pinin Farina — Lot # 135 ; S/N 0717 SA; Engine # 0717 SA; Silver, Maroon roof/Maroon leather; Estimate $5,000,000 – $6,000,000; Recent restoration, 1 condition; Hammered Sold at $4,625,000 plus commission of 10.00%; Final Price $5,087,500. With Reserve. Chrome spoke Borrani RW 3264 wire wheels, Pirelli Cinturato radials, turn signals, fog lights, multiband radio, dual rear speakers. – One of six short wheelbase 410 Superamericas built, special ordered for the Shah of Iran and his wife, Princess Soraya. Excellent paint, chrome and interior. Underbody and engine restored like new. Excellent door, hood and trunk fits with tiny, tight, even gaps. Sharp, crisp engine compartment. Restored like new in 2002 with better cosmetics and fastidious, meticulous attention to detail. A multiple winner and still in nearly miraculous condition. – In the current Pantheon of Ferrari values this rare, special, beautifully restored and meticulously preserved 410 Superamerica occupies an important position, although a good argument could be made that it is faster, more rare and more exclusive than its $5 million price indicates. The new owner can take pride and pleasure in its ownership, as well as its value.

Lot # 138 1960 Ferrari 250 GT Coupe, Body by Pinin Farina; S/N 1825 GT; Engine # 1825GT; Dark Blue/Beige leather; Estimate $750,000 – $850,000; Cosmetic restoration, 3 condition; Hammered Sold at $650,000 plus commission of 10.00%; Final Price $715,000. With Reserve. Chrome spokes Borrani RW 3694 wire wheels, Pirelli tires, Blaupunkt multiband radio, overdrive. 284F engine internal number, outside plug heads. – Good repaint and replaced interior. Old undercoat has been quickly resprayed assembled. Driver’s seat is lightly soiled. Sills are filled but not excessively. Generally good chrome. Flat panels, flush fits and even gaps. Clean but aged engine compartment in mediocre driver condition. – Even $100,000 under the low estimate this is more money than car. Its price confirms the trend in Pf coupe values, beautiful, comfortable, fast-enough cars, but built in quantity. The catalog artfully turns the 353 built on its head by noting most of them have been cannibalized for parts, or used to build replicas of more desirable models. So, now Pf Coupes are rare because they weren’t regarded highly enough to preserve. It might be characterized as ‘damning with faint praise’ but at this extremely expensive price it is irrelevant.

Lot # 148 1974 Ferrari 246 GTS Dino, Body by Pininfarina-Scaglietti; S/N 07874; Silver/Black leather; Estimate $350,000 – $425,000; Unrestored original, 3+ condition; Hammered Sold at $365,000 plus commission of 10.00%; Final Price $401,500. With Reserve. Blaupunkt cassette stereo, Cromodora alloy wheels, Michelin XWX tires, power windows, air conditioning, jack, tool kit, owner’s manual. – One family owned since 1978. Fair old paint with clearcoat covering, crazing on the Targa bar and engine and rear deck covers. Aged upholstery with pulled bolster seams. Sound chrome. Dusty original underbody. Clean, dry, unrestored engine compartment. Highly original, appropriate to the 13,062 miles on the odometer. – Appropriately valued by the Pebble Beach auction bidders recognizing its age and cosmetic needs. The addition of some well-placed dirt and maybe bird droppings could have exciting a bidding war among the preservation-obsessed, because there is little if any premium in this result for the car’s long single owner history or its very good preservation.

Lot # 153 1961 Ferrari 250 GT Cabriolet SII, Body by Pininfarina; S/N 2533 GT; Engine # 2533; Silver/Blue leather; Black cloth top; Estimate $1,800,000 – $2,200,000; Cosmetic restoration, 3+ condition; Hammered Sold at $1,675,000 plus commission of 10.00%; Final Price $1,842,500. With Reserve. Chrome spoke Borrani wire wheels, some stamped RW 3691, Autovox pushbutton radio, two tops, Ferrari Classiche certified. – Good clearcoat paint and new, unblemished interior and carpets. Banged up wheel rims. Good major chrome. Old undercoat in wheelwells recently sprayed over while assembled. Chassis and suspension got a similar treatment. Window pockets are clean but aged. A pretty driver. – Cataloged as ‘a complete restoration’, it is not up to the usual standards of ‘complete restorations’ in the U.S. but rather a competently restored, driver quality Ferrari cabriolet. It was bought for a price that recognizes its presentation and should be rewarding to drive.

Ferraris Sold at Auction in 2015 – Page Seventeen

Lot # 157 1973 Ferrari 365 GTB/4 Daytona Coupe; S/N 17607; Black/Red leather, Black bars; Estimate $750,000 – $900,000; Visually maintained, largely original, 3 condition; Hammered Sold at $650,000 plus commission of 10.00%; Final Price $715,000. With Reserve. 5-spoke Cromodora centerlock alloy wheels, Michelin XWX tires, painted nose panel, popup lights, Grundig cassette stereo, power windows, Veglia air conditioning with dash-mounted control panel, accessory volt and outside temperature gauges, headrest seats. – One owner until 2014 and 85,172 km from new, the fifth from last Daytona built. Engine and gearbox replaced years ago. Good chrome, interior and quality new paint. Old undercoat in the wheelwells. Clean but disturbing under the hood with incorrect air cleaner cover nuts and bad wiring repair with crimped connectors and exposed conductors. The bottom of the engine compartment and chassis are road grimy. Nice paint, but the rest isn’t up to its standard. – Sold by Bonhams at the Goodwood Festival in 2014 for $612,406 and subsequently repainted, this Daytona has many disturbing flaws and oversights and is expensive even at this price.

Bonhams Simeone Museum 2015 – Auction Report

Lot # 211 1981 Ferrari 308 GTSi; S/N ZFFAA02A9B0036295; Red, Black roof panel, White air dam nose/Black leather; Estimate $40,000 – $50,000; Unrestored original, 4+ condition; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000. Reserve. A/C, radio missing. – Dull, blotchy paint with tape adhesive marks. Sound upholstery and dashtop. Missing fuel filler door, night mirror and roof spoiler. Nose modified with an air dam from Koenig. Driver’s door pocket broken off. Original nose radio and mirrors included but in California. Sound body. – Generally needy and likely to have many more needs become apparent as the new owner gets into it, this is a project for someone with skills and money although it is unlikely to prove to be financially rewarding even at this modest price. The bidders were not keen on the prospects and so, apparently, was the seller who let it go, probably without regret even at this price.

Keno Brothers New York City 2015 – Auction Report

Lot # 103 2001 Ferrari 550 Barchetta Pininfarina, Body by Pininfarina; S/N ZFFZR52A210123074; Engine # 60656; NART Blue/Saddle leather; Estimate $650,000 – $725,000; Unrestored original, 2+ condition; Not sold at Hammer bid of $500,000. With Reserve. CD changer stereo, power windows, 6-speed, sport seats, owner’s manual, tools, 2001 Frankfurt Auto Show display car. – 2,044 miles and like new. – While this is one of six 550 Barchetta Pininfarina prototypes built and the Frankfurt Auto Show display car, beyond that it is just another 2,000 mile example different in no appreciable readily identifiable aspect from any of the other 447 built. It should have been on its way to a new home well before the reported high bid. Even half the low estimate would have been ample recognition of its limited distinctions.

Lot # 112 1971 Ferrari 365 GTB/4 Daytona Coupe; S/N 14229; Red/Black leather; Estimate $675,000 – $900,000; Older restoration, 3+ condition; Not sold at Hammer bid of $600,000. With Reserve. Chrome spoke Borrani wire wheels, Michelin XWX tires, air conditioning, headrest seats, Becker Mexico cassette stereo, popup lights, painted nose panel. – Very good repaint, good chrome and original interior. Driver’s door doesn’t close flush, hood stands slightly proud. Underbody is orderly and clean. Scratched right door glass and pitted window frame chrome. Clean, orderly older restored engine compartment. A sound but not exceptional Daytona. – Sold for $627,000 at Gooding’s 2014 Pebble Beach Auction, so no surprise it didn’t find a new home here at the reported high bid.

Lot # 120 1972 Ferrari 365 GTC/4 Coupe; S/N 15357; Gold/Tan leather; Estimate $325,000 – $450,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $280,000 plus commission of 12.00%; Final Price $313,600. With Reserve. Grundig cassette stereo, chrome spoke Borrani wire wheels, Michelin XGT tires, power windows, air conditioning. – Fair repaint erratically masked and applied over old paint. Scratched trim chrome, loose door window channels. Good upholstery, interior trim and carpets. Clean, orderly engine compartment. A sound and usable driver represented as one owner and 45,842 miles from new. – An intriguing, largely original car showing its age but never messed up by attempts to make it more than it is, it brought an appropriate price in today’s C/4 market.

Lot # 128 1969 Ferrari 365 GTB/4 Daytona NART Competition Coupe; S/N 12467; Engine # 251; Red/Black; Estimate $4,900,000 – $5,900,000; Competition restoration, 3+ condition; Not sold at Hammer bid of $4,800,000. With Reserve. Gold 5-spoke wheels, Goodyear Blue Streak slicks, braced rollbar, flares, fire system. – Fifth place overall at Le Mans in 1971 for NART driven by Luigi Chinetti, Jr. and Bob Grossman. Restored like new and vintage raced for many years. Series III flared fenders, wheels and aerodynamics. Good older repaint, otherwise as-raced. – Offered at Gooding’s 2014 Pebble Beach auction with a reported high bid of $4.4 million in essentially the same condition as offered here but with 16,544 km on its odometer, 217 km more that it displayed a year and a half ago. The bidders have now spoken twice and put a $4.5 million valuation [give or take a few hundred thousands] on this historic Le Mans class-winning Daytona.

Lot # 132 1953 Ferrari 212 Inter Coupe, Body by Pinin Farina; S/N 0269EU~0387GT; Black/Grey leather; Estimate $1,300,000 – $1,900,000; Visually maintained, largely original, 4+ condition; Not sold at Hammer bid of $1,050,000. With Reserve. Silver painted wire wheels, Michelin XVS tires. – Built for Prince Bernhard of the Netherlands, with a changed chassis number to the Prince’s earlier Ferrari to avoid taxes [even royals are concerned by taxes.] Cracked, chipped old scruffy repaint, Sound surface cracked upholstery, pitted chrome and dull aluminum. Road grimy underbody and chassis. A neat car, but pretty far gone. – This is all about potential because as it is this car is unusable even by the most fervent proponents of preservation. The opinion of value is, as this result indicates, open to interpretation and a bidder with the desired attitude wasn’t in evidence in New York today.

Lot # 134 1962 Ferrari 250 GTE Coupe; S/N 3547; Rosso Corsa/Tan leather; Estimate $495,000 – $600,000; Cosmetic restoration, 2- condition; Not sold at Hammer bid of $445,000. With Reserve. Chrome spoke, Borrani wire wheels, Vredestein blackwall tires, no radio, Marchal head and fog lights. – Excellent paint, chrome and interior. Clean, restored underbody. A competently restored car in better than driver condition and represented as numbers matching. – If there was money at the reported high bid the consignor could have reasonably considered letting this GTE go.

Lot # 136 1990 Ferrari F40 Berlinetta; S/N ZFFMN34A9L0085336; Red/Red cloth; Estimate $1,100,000 – $1,600,000; Original, modified for competition or performance, 2 condition; Not sold at Hammer bid of $1,075,000. With Reserve. 18 inch modular wheels, Michelin Pilot Sport tires, built in K-40 radar detector, Momo steering wheel, upgraded to 1992 specs. – Barely used. Unworn driver’s seat bolsters and belts. Extensively modified, particularly the interior, upgraded ECU PROM, aftermarket wheels
. Factory paint has a few small flaws. Clean, orderly engine compartment showing only a little age in some of the unfinished alloy surfaces. Belt service in July 2014. – This F40 raises an important issue: the effect of modifications that enhance performance, comfort or appearance but detract from originality. It would seem that both the auction company in its pre-sale estimate range and the New York bidders both evaluated the [expensive] modifications as detrimental to value. Under the circumstances the reported high bid is reasonable.

Lot # 140 1978 Ferrari 512 BB Berlinetta; S/N 24445; Red/Black leather; Estimate $275,000 – $375,000; Unrestored original, 2 condition; Not sold at Hammer bid of $240,000. With Reserve. Air conditioning, CD stereo. – Very good repaint and 1980’s interior. Fresh engine out service and new clutch. Underbody is original and clean, appropriate to the 24,728 kilometers on the odometer. – The estimate range is realistic and the failure of the reported high bid to reach it, or even get very close, is reason enough to take it home from where it will probably go on a truck to the Arizona auctions in January.

Ferraris Sold at Auction in 2015 – Page Eighteen

RM Sotheby’s NYC 2015 – Auction Report

Lot # 209 1969 Ferrari 206 GT Dino Coupe; S/N 00404; Engine # 1004; Red/Black vinyl, Red cloth; Estimate $700,000 – $850,000; Recent restoration, 2+ condition; Hammered Sold at $700,000 plus commission of 10.00%; Final Price $770,000. With Reserve. Cromodora centerlock alloy wheels, Michelin XWX tires, Carello headlights. 90-inch L-series wheelbase, Ferrari Classiche certified (level not stated.) – Freshly restored to showroom condition with better paint and chrome. Better than perfect. Confirmed by Ferrari Classiche as the first long wheelbase L-series Dino. – Hidden in Japan for many years, freshly restored to high standards, but not stated to have Ferrari Classiche certification, this price is a ‘Holy Mary’ that many attributes can come together to combine the alloy body and 2.0 liter with the later L-series wheelbase. The buyer (and the underbidder) was convinced, and the condition is above reproach. At $33,000 less than the 206 GT Gooding sold at Pebble Beach in August (s/n 00320) it’s a good wager but still in a sizzling market.

Lot # 211 1958 Ferrari 250 GT Cabriolet SI; S/N 0791GT; White/Dark Blue leather; Black cloth top; Estimate $6,000,000 – $7,500,000; Cosmetic restoration, 2- condition; Hammered Sold at $5,200,000 plus commission of 10.00%; Final Price $5,720,000. With Reserve. Chrome spoke Borrani wheels, Michelin tires, covered headlights, Michelin head and fog lights, 4-wheel disc brakes. – Owned by Buck Fulp for a year or so until it was traded for a 410 SA. Modified for James Harrison by Pozzi in France with a 400 SA style dashboard and instruments and re-engined later. Bought by Bob Donner in 1971. In 2014 Re-engined by DK Engineering with an inside plug Ferrari Classiche replacement and restored in the original colors. Excellent fresh paint and interior. Good chrome, gauges and black wrinkle dashboard. Very good engine compartment. Old undercoat in the wheelwells and scuffed side window sill trim. Not restored as much as it is very well preserved and given attention as needed. – Sold by Gooding at Scottsdale in 2014 with dark blue paint and the old outside plug engine for $6,160,000 before the extensive recent work by DK Engineering. Its price here is a surprisingly good value and must represent a loss after DK Engineering’s work in mid-six figures since it was acquired two years ago. ‘Not the original engine’ weighs heavily on the buyers’ reception for this beautiful Ferrari Cab.

Lot # 216 1953 Ferrari 250 Europa Coupe, Body by Vignale; S/N 0313 EU; Engine # 0331 EU; Bruno Siena, Brown roof/Beige leather, Brown piping; Estimate $3,800,000 – $4,500,000; Recent restoration, 2+ condition; Hammered Sold at $3,000,000 plus commission of 10.00%; Final Price $3,300,000. With Reserve. Chrome spoke outside laced Borranis, Pirelli blackwall tires, heater, studded woodrim steering wheel, matching suitcase, Ferrari Classiche certified (with new Classiche-cast block), Claydon heater. – 1954 New York Auto Show with unique coachwork by Vignale. Convoluted history but finally restored to its as-built configuration with a correct series engine in late 2011. Very good paint, chrome and interior in the original colors. Engine compartment and chassis are like new. A quality restoration to like new standards with meticulous attention to details. FCA Platinum award winner, among many other awards. Eye-candy. – Sold by Bonhams at Quail Lodge in 2013 for $2,805,000 and today in equally good, if not better, condition with with 76 more kilometers on its odometer. It is as refreshing now as it was two years ago to see it in its correct original colors and is every bit the dramatic, nearly singular, design that Vignale excelled in conception and creation. Bought right, and a damper on overblown V12 Ferrari ebullience.

Lot # 219 2003 Ferrari Enzo Coupe; S/N ZFFCW56A130135440; Engine # 79706; Red/Black leather; Estimate $3,000,000 – $3,500,000; Unrestored original, 2 condition; Hammered Sold at $3,000,000 plus commission of 10.00%; Final Price $3,300,000. With Reserve. Assembly # 52427. – 560 miles and two owners from new. Scheduled 5,000 mile service done earlier this year. – This is a blinding price for an Enzo, even with so few miles. Its second owner was boxer Floyd Mayweather, but he’s not the Pope, nor even half-a-Pope, to account for the price it brought.

Lot # 221 1956 Ferrari 290 MM Sports Racer, Body by Scaglietti; S/N 0626; Engine # 0626; Red, Blue, yellow nose band/Tan cord; Estimate $28,000,000 – $32,000,000; Competition restoration, 2 condition; Hammered Sold at $25,500,000 plus commission of 10.00%; Final Price $28,050,000. With Reserve. RHD. Driver’s head fairing, passenger’s metal tonneau cover, single aeroscreen, silver painted wire wheels, covered Marchal headlights. Ferrari Classiche certified. – Built by Ferrari for Fangio to driven in the 1956 Mille Miglia where he was 4th overall in a solo drive. Later driven by Phil Hill, Masten Gregory, Luigi Musso, Eugenio Castellotti, Alfonso de Portago, Olivier Gendebien, Wolfgang von Trips, Joakim Bonnier, Peter Collins, Paul O’Shea and Manfredo Lippman, a drivers’ list perhaps never equaled by any car, but only once a winner, at Buenos Aires in 1957 with Gregory/Musso/Castellotti. Later part of the Bardinon collection. Very good paint and upholstery, orderly and little used under the car with a little road dirt accumulation. Engine compartment and chassis are like new. Done like it should be, carefully used and conscientiously maintained. – Displayed by RM|Sotheby’s in its own crypt with looping video and sound and a wall of honor with many of its nearly peerless pantheon of drivers, this Ferrari is an interesting challenge. No matter its competition history it is one of Ferrari’s greats with a huge 3.5 liter Lampredi-based, Jano-refined V12. But it never won anything of consequence beyond Buenos Aires, despite legendary pilots. Widely reported as being offered for some time with a breathtaking asking price it sold here at a moderate, reasonable price and can be considered a sound value for its specifications, history and condition.

Lot # 224 1955 Ferrari 500 Mondial Sports Racer, Body by Scaglietti; S/N 0424MD(0564MD); Engine # 0424MD; Light Blue/Blue vinyl, Beige stripes; Estimate $5,000,000 – $7,000,000; Competition restoration, 3+ condition; Not sold at Hammer bid of $4,450,000. With Reserve. RHD. Driver’s head fairing, single wraparound driver’s windscreen, metal cover over the passenger’s seat, silver painted Borrani RW3102 wire wheels, Marchal head and fog lights. – Built as 0564MD but stamped 0424MD to avoid tax. Indifferent results in only two period events, then returned to Ferrari where it sat until 1975 then passed through several hands and used in many historic events. Stripped of Ferrari’s hasty coat of red and put back to doing what it does best, running the Mille Miglia Storica in 2009 and 2011. Engine freshly rebuilt by Hall & Hall. Buffed through, touched up and clearcoated old paint. Cracked and stiff but complete old upholstery. New wheels and new old style Michelin Pilote X tires. Orderly but aged chassis, interior and engine. An impressive example of how to preserve but still use an old race car. – While the originality of this Mondial is exceptional the lack of any significant in-period racing history is a challenge. The reported high bid here reflects a generous premium for originality and it is likely that a bid more could have seen it change hands. Unfortunately, the bid didn’t emerge and the car will have to try again, but it is a rare opportunity to get a marvelous early 4-cylinder Ferrari sports-racer.

Lot # 225 1953 Ferrari 212 Inter Coupe, Body by Vignale; S/N 0257EU; Engine # 0257EU; Black, Metallic Green roof and fins/Green leather; Estimate $2,000,000 – $2,400,000; Recent restoration, 2+ condition; Not sold at Hammer bid of $1,700,000. With Reserve. RHD. Chrome wire wheels, Dunlop Road Speed tires, tool kit, original owner’s manual, Ferrari Classiche certified. – First owned by Leader Card racers’ owner Bob Wilke, Jr. Freshly restored to better than new condition with much better paint, chrome and interior in its original colors. Exceptionally well and sympathetically restored. Cavallino Classic Platinum in 2013, shown at Pebble Beach in 2014. Represented as re-united with its original engine before the most recent restoration. A sumptuous example of the work of Giovanni Michelotti, Alfredo Vignale and Enzo Ferrari. – Sold by RM at Monterey in 2007 for $495,000 prior to its meticulous restoration, then by Gooding at Scottsdale in 2014 post-restoration for $1,787,500. It is disappointing that it didn’t find more favor here in New York because it is one spectacular coachbuilt Ferrari in a stunning livery.

[Source: Rick Carey]

One Comment

Randy Cook says:

January 14, 2016 at 1:24 pm

To add to the 2015 Ferrari madness, two Chevy powered 250s, a PF Coupe 1175GT; and a GTE 4777GT, sold for $225,000 and $234,000 respectively. The PF Coupe was very nice, the GTE was not.

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Ferraris Sold at Auction in 2015

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