Gooding and Company Scottsdale 2016 – Auction Report

Gooding and Company Scottsdale 2016 – Auction Report Page Four

1962 Maserati 3500GT Vignale Spider, Body by Vignale
Lot # 118 1962 Maserati 3500GT Vignale Spider, Body by Vignale; S/N AM1011385; Engine # AM10101725; Red/Natural leather; Black leatherette top; Estimate $525,000 – $575,000; Unrestored original, 4 condition; With Reserve; Hammered Sold at $430,000 plus commission of 10.00%; Final Price $473,000 – Later engine with Lucas FI, 5-speed, 4-wheel disc brakes, steel wheels, dash clock, Lucas driving lights. – Dirty, bumped, tired, neglected barn find. Dull, dirty paint, rusty chrome, stretched, stiff probably original upholstery. Filled, lumpy, rotting sills. Poor old repaint erratically masked. Filthy underhood. Not the original engine, nor the original exterior color. – Significantly discounted on account of its neglected condition and changed engine, but not enough to compensate for what it will cost to make it run and drive, let alone be presentable.
1990 Ferrari F40 Coupe
Lot # 120 1990 Ferrari F40 Coupe; S/N ZFFMN34A2L0086554; Red/Red cloth; Estimate $1,300,000 – $1,600,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $1,395,000 plus commission of 10.00%; Final Price $1,534,500 – Air conditioning, fitted luggage. Assembly number 03459, U.S. specification, Ferrari Classiche certified. – 3,737 miles from new. Driver’s seat covering lightly stretched and frayed around the seat belt pocket. Engine shows some age but little use. Nearly like new in all respects. Tony Shooshani collection. – Growing in value relentlessly, as this result shows, along with other late model supercars. It almost seems that the younger the car the stronger its price.
1984 Ferrari 512 BBi Coupe
Lot # 121 1984 Ferrari 512 BBi Coupe; S/N ZFFJA098000051725; Metallic Grey, Black sills/Burgundy leather, Black piping; Estimate $400,000 – $475,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $400,000 plus commission of 10.00%; Final Price $440,000 – Air conditioning, Pioneer cassette stereo, equalizer, centerlock alloy wheels, Michelin TRX tires, tinted windows. – Good clearcoat repaint, well masked. Very good interior, dash and gauges. Odd lilac anodized grilles on the rear deck. Clean underbody. Manual and glove box signed by the first owner, AJ Foyt, who couldn’t find the door release the first time he drove it and had to squeeze out the window. Tony Shooshani collection. – The combination of excellent condition, moderate miles, desirable colors and racing celebrity ownership make this an especially desirable 512 BBi and more than support the price that it brought, particularly when much more common Testarossas are being offered for more than half as much.
2003 Ferrari Enzo Coupe
Lot # 122 2003 Ferrari Enzo Coupe; S/N ZFFCW56AX30132049; Red/Red leather; Estimate $2,400,000 – $2,800,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $2,600,000 plus commission of 10.00%; Final Price $2,860,000 – U.S. spec. Ferrari Classiche certified – Chipguarded nose, fogged headlight covers, otherwise like new with 2,700 miles. Tony Shooshani collection. – The F40-F50-Enzo market is one of the strongest current segments, with prices seemingly going up regularly, if not in the speculative tornado of late 80’s Ferrari prices. Enzos have been boosted by last August’s sale of the Papal Enzo for a staggering $6,050,000 which has become a halo value protecting ever more exuberant prices for cars not touched by a successor to St. Peter.
1988 Ferrari 328 GTS Spider
Lot # 123 1988 Ferrari 328 GTS Spider; S/N ZFFXA20A1J0074921; Red, Black roof panel/Ivory leather; Estimate $125,000 – $150,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – Air conditioning, Alpine CD stereo, U.S. specs. – 14,997 miles, original and in showroom condition except for a dusty underbody and slight wear on the driver’s seatback. Tony Shooshani collection. – A particularly reassuring and satisfying 328 GTS with low miles, attributes which encouraged the Fashion Square bidders to pay all the money and then some for it although still less than Gooding got earlier this week for a 328 GTB.
1960 Ferrari 250 GT Cabriolet SII, Body by Pinin Farina
Lot # 124 1960 Ferrari 250 GT Cabriolet SII, Body by Pinin Farina; S/N 1939GT; Engine # 1939GT; Dark Blue, Dark Blue hardtop/Cream leather; Black cloth top; Estimate $2,000,000 – $2,300,000; Recent restoration, 2- condition; With Reserve; Not sold at Hammer bid of $1,650,000 – Chrome spoke Borrani wire wheels, Michelin X tires, two tops, heater, no radio, Marchal head and fog lights. Internal engine number 328F. – Very good, paint, chrome, interior and glass. Fresh, spotless engine compartment.Hood doesn’t close flush and doors could have been blocked flatter. Evidence of use is confined to the wheelwells and inside some of the bracketry that is hard to reach. Tony Shooshani collection. – Sold by RM in Monterey in 2013 for $1,292,500 in essentially the same condition as it was offered here having added only 105 km to its odometer since then. The beginning of 2016 is probably not an auspicious time to be holding out for the last Hundred Large or so. The reported bid is in line with the two other Series II Cabs offered in Scottsdale and it could have sold with little if any second thoughts by the seller.
1969 Ferrari 206 GT Dino Coupe, Body by Scaglietti
Lot # 125 1969 Ferrari 206 GT Dino Coupe, Body by Scaglietti; S/N 00378; Red/Black vinyl, cloth; Estimate $700,000 – $800,000; Visually maintained, largely original, 3 condition; With Reserve; Not sold at Hammer bid of $600,000 – Grey painted Cromodora centerlock alloy wheels, Michelin tires. – Decent older repaint and chrome. Aged, musty smelling original interior. Aged engine and underbody. A tired and neglected but pretty car that makes a good first impression. Tony Shooshani collection. – Sold by Gooding at Amelia Island in March 2014 for $638,000, a price that was eye-opening at the time and hard to replicate just two years later. Waiting for the market to catch up is hazardous, especially as the values of more mundane 246 GT Dinos are no longer striding upwards in giant leaps.