Ferrari 250 Testa Rossa Prototype

Gooding & Company Pebble Beach 2011 – Auction Report

Gooding & Company Pebble Beach 2011 – Auction Report Page Two

1972 Ferrari 365 GTB/4 Daytona Spider
Lot # 45 1972 Ferrari 365 GTB/4 Daytona Spider; S/N 16223; Engine # B2136; Red/Black leather; Estimate $1,100,000 - $1,300,000; Cosmetic restoration, 2- condition; Post-block sale at $931,818 plus commission of 10.00%; Final Price $1,025,000 -- A/C, Becker Mexico cassette, chrome spoke Borrani wire wheels, Michelin XWX tires. Cosmetically restored in the late 80's to nearly like new with very good paint, chrome, glass and original interior, showing little age or use. A very nice Ferrari that hasn't been over-restored but is good enough to have two FCA Platinum awards. Sold here in 2006 for $748,000 in essentially the same sympathetically restored condition it is today and obsessively maintained since, with only 110 more miles on the odometer. It is if anything better today than it was then and represents good value for money at this price.
1953 Ferrari 375 America Coupe, Body by Vignale
Lot # 47 1953 Ferrari 375 America Coupe, Body by Vignale; S/N 0337AL; Engine # GP070150; Light Yellow, Ivory roof/Green leather; Estimate $2,000,000 - $2,400,000; Recent restoration, 1 condition; Hammered Sold at $2,000,000 plus commission of 10.00%; Final Price $2,200,000 -- Clayton heater, outside laced Borrani wire wheels, 6.50-15 Engelbert tires, Marchal headlights and single fog light. A spectacular automobile restored to standards of appearance appropriate to its quality. Exquisite exterior and particularly interior trim details. Right door sits a few mm low at the back but other than that it is gorgeous. 1954 Turin Auto Show Ferrari display car, then sold to John Shakespeare. Ferrari-sourced replacement engine installed during the recent restoration. Includes fitted luggage, full tool roll and copies of original documentation. FCA National Concours Platinum award in 2009, then Pebble Beach first in class and Enzo Ferrari Trophy. Visually distinctive and incorporating a plethora of coachwork details that make it a real delight to examine, this unique Ferrari brought a healthy but fully deserved price. It's amusing to note the catalog's gratuitous embellishments to the Cavallino cover story upon which it is based, like adding "period-correct," to the article's "water-based lacquer and clear coat", apparently a couple of early breakthroughs in Italian coatings technology. (photo credit: Mathieu Heurtault)
1980 Ferrari 512 BB LM Silhouette
Lot # 49 1980 Ferrari 512 BB LM Silhouette ; S/N 29511; Engine # F102B000034; Blue/Black cloth; Estimate $800,000 - $1,200,000; Competition restoration, 3+ condition; Not sold at Hammer bid of $750,000 -- Chipped quick old paint, but a very clean, tidy and orderly chassis and engine. Bet it runs better than it looks. Spare engine and gearbox installed, originals (007 and 010 respectively) included along with original body panels. Raced in period with little note, historic race prepared in the early 00's by Dennison International. Comes with original paperwork, build sheets and a spares package. Appears to be race-ready. This car's appearance is less than sparkling on the surface even though under the skin it shows serious, professional attention to race prep. Its race history is insignificant. While 512 BB LMs are sought by historic racing competitors this one could have been loose and selling well before the reported high bid without regret.
1959 Fiat Tipo 682/RN-2 Transporter
Lot # 51 1959 Fiat Tipo 682/RN-2 Transporter, Body by Bartoletti; S/N 001461; Engine # 024568; Red/Red, Grey vinyl; Estimate $850,000 - $1,000,000; Older restoration, 2- condition; Hammered Sold at $900,000 plus commission of 10.00%; Final Price $990,000 -- The newer of two self-contained transporters used by Ferrari in the 50's and 60's, this one equipped with sleeping quarters and an on-board workshop with two-level racks for three cars. Sold by Ferrari to Zanon's circus then stored until the early 90's. Restored along with its sibling at S.I.L.M.A. Bus in Modena in the late 90's, this one in like new condition while the other (a 1953 Tipo 643) was mechanically restored but preserved in largely original cosmetic condition. Sold to Pat Hart in 2000 and used in historic racing, displayed at Pebble Beach in 2002. Recently freshened and now in nearly like new condition with excellent cosmetics and a wealth of period details. The 1953 Fiat 643 was sold here in 2007 for $297,000. Both of them are important pieces of the Ferrari legend, often arriving at races with their racks full of prototypes and GP cars. This one looks better (and is better) and brought a thrilling price that establishes a milestone in the history of truck values. Like the Testa Rossa (the most expensive automobile in auction history) and the Duesenberg Whittell Coupe (the most expensive American automobile) this is probably the most expensive truck in auction history.
1963 Shelby Cobra 289 Roadster Factory Team Race Car
Lot # 55 1963 Shelby Cobra 289 Roadster; S/N CSX 2129; Red/Black leather; Estimate $2,400,000 - $2,800,000; Competition restoration, 2+ condition; Hammered Sold at $2,350,000 plus commission of 10.00%; Final Price $2,585,000 -- Black braced paperclip rollbar, side exit exhausts, quick fill fuel cap, quick jack pickups, carbon fiber front brake cooling ducts, Halibrand centerlock mag wheels, Weber carbs. Excellent paint, good stock 2-seat interior. Restored to high cosmetic standards and little used. Sebring-spec car with rack and pinion steering, rear fender flares. Factory raced in the USRRC and SCCA and in FIA GT at Bridgehampton. Then sold to Graham Shaw and back to Shelby who displayed it at the 1964 NY World's Fair. Restored in the late 90's and fastidiously maintained since. Replacement engine block. Certainly one of the most important Cobras, with a rare record of intense factory race team competition and no significant accidents. It will be proudly owned, driven, toured and hopefully raced to continue to enhance the Cobra's history and reputation. (photo credit: Pawel Litwinski)
1955 Ferrari 250 GT Berlinetta, Body by Pinin Farina
Lot # 57 1955 Ferrari 250 GT Berlinetta, Body by Pinin Farina; S/N 0429GT; Engine # 0429GT; Silver-Grey, Red roof/Black leather; Estimate $650,000 - $800,000; Older restoration, 2- condition; Hammered Sold at $650,000 plus commission of 10.00%; Final Price $715,000 -- Chrome spoke Borranis, Engelbert 6.00x16 tires. The first Pinin Farina 250 GT berlinetta, Pinin Farina's 1956 Geneva Motor Show car and the prototype for the Boano and Ellena series. Good older paint, chrome and interior, repainted in its 1956 livery. Ferrari Classiche certified, multiple Mille Miglia Storica participant and FCA Platinum award recipient. This is an important milestone in Ferrari's history and in the evolution of Pinin Farina's Ferrari coachwork. Attractively and sympathetically maintained and progressively restored over many years, it is a significant Ferrari for an appropriate price.
1969 Ferrari 365 GTC
Lot # 60 1969 Ferrari 365 GTC, Body by Pininfarina; S/N 12271; Engine # 12271; Metallic Green/Beige leather; Estimate $350,000 - $400,000; Recent restoration, 2- condition; Hammered Sold at $340,000 plus commission of 10.00%; Final Price $374,000 -- Becker Mexico cassette, P/W, alloy centerlock wheels, A/C added. Excellent recent paint, chrome and interior. Chassis is older but still better than most drivers. Sold here last year in Red over Tan for $266,750, the repaint enhances the GTC's body lines but still isn't as intriguing as it would have been in the original Maroone Colorado. It's also traded its Borranis for alloy wheels and covered 363 miles. The price today is indicative of the 330 GTC market, which is fast-approaching Daytona values.
1963 Ferrari 400 Superamerica Coupe Aerodinamico, Body by Pininfarina
Lot # 62 1963 Ferrari 400 Superamerica Coupe Aerodinamico, Body by Pininfarina; S/N 5021SA; Engine # 5021SA; Red/Black leather; Estimate $1,200,000 - $1,500,000; Older restoration, 3+ condition; Not sold at Hammer bid of $1,100,000 -- Chrome spoke Borranis with burnished rims, 215/70VR15 Michelin XWX tires, cassette stereo. Pininfarina's 1963 Turin Auto Show display car but in Silver-Grey then. Good older repaint, upholstery and chrome. Chassis and underbody show age and use. This is a driving Ferrari, not a showing Ferrari. The reported high bid is at the low range for anyone's 400 Superamerica values. It won't grace the lawn at Pebble Beach or find favor at Cavallino or FCA events in its present condition but offers unusual value as a super front-engined V-12 Ferrari that can be driven enthusiastically without concern for its cosmetics. The seller's decision to keep it reflects the allure of its performance and rare style and design. (photo credit: Pawel Litwinski)
1972 Ferrari 365 GTB/4 Daytona Coupe
Lot # 103 1972 Ferrari 365 GTB/4 Daytona Coupe, Body by Pininfarina; S/N 15747; Hazelnut/Saddle leather; Estimate $350,000 - $425,000; Unrestored original, 2- condition; Hammered Sold at $357,500 plus commission of 10.00%; Final Price $393,250 -- A/C, P/W, Becker Mexico cassette, chrome spoke Borrani wire wheels with 215/70VR15 Michelin XWX tires, popup lights, painted nose panel. Good mostly original paint and chrome. Original seats are surface creased but sound. Clean, orderly and largely original underhood. Very impressively detailed and maintained with 9,351 miles from new, good enough to be FCA Gold in 2001 and Platinum in 2003. Bought with a modest and entirely appropriate premium for its originality and low miles. Will clicking over 10K detract from its value if it's as well maintained by its new owner as it has been by the previous ones? Probably not, and that's a good thing that should encourage it to be driven and kept fresh and flexible. It would be a shame to turn it into a garage queen.
1957 Dual-Ghia Convertible, Body by Ghia
Lot # 104 1957 Dual-Ghia Convertible, Body by Ghia; S/N 135; Engine # D5008336; Metallic Red/Dark Red, White leather; White cloth top; Estimate $230,000 - $260,000; Visually maintained, largely original, 4+ condition; Post-block sale at $181,818 plus commission of 10.00%; Final Price $200,000 -- Automatic, Town & Country radio, wheel covers. Cracking, shrinking old paint. Worn, surface cracked original leather, P/W. Original chassis and underbody. Filled driver's door Needs everything. Four times a prize-winner at Pebble Beach, in 1957, 61, 64 and 70 when new cars were part of the show, when owned by Clyde and Evelyn Young. The new owner is faced with the serious decision of continuing to preserve this Dual-Ghia or giving it a full restoration that will cost more than the price paid here for the car. This result is 2/3 car and 1/3 originality, making preservation the reasonable choice.
1972 Alfa Romeo 2000 GTV Sprint
Lot # 105 1972 Alfa Romeo 2000 GTV Sprint, Body by Bertone; S/N AR3020174; Midnight Blue/Tan leather; Estimate $25,000 - $35,000; Cosmetic restoration, 3+ condition; Hammered Sold at $38,000 plus commission of 10.00%; Final Price $41,800 -- Cromodora aluminum wheels, Spica fuel injection, lowered. Paint application is very good but the body is wavy with a few stress cracks in the front panels. The bumpers have been redone but the rest of the chrome is lightly to moderately worn. The underside was recently sprayed black and the interior is older and moderately worn. The engine bay is clean and reasonably presentable. The catalog states that the work was completed in 2004 and that the car has original sales records and restoration invoices. No Reserve. Hammered for $3,000 over high estimate plus buyer's premium. The car presented well as a respectable driver, bringing a premium price for a car that looks good, probably drives well and has paperwork to back up its claims. By any objective standard it is expensive.
1958 Rolls-Royce Silver Cloud I Drophead Coupe
Lot # 106 1958 Rolls-Royce Silver Cloud I Drophead Coupe, Body by H.J. Mulliner; S/N LSFE451; Engine # SE225; Metallic Olive/Dark Red leather; Black Everflex top; Estimate $400,000 - $550,000; Older restoration, 2 condition; Hammered Sold at $410,000 plus commission of 10.00%; Final Price $451,000 -- Lefthand drive, Radiomobile AM-SW radio, wheel covers, whitewalls, fog lights, fitted luggage, full tool roll. A quality restoration to like new condition. Excellent paint, chrome, interior. Excellent interior wood. underbody looks as good as the top of the car. Seats are lightly stretched in about the only sign of use or age. Multiple award winner since it was completed in 1981 and still looks fresh, clean and sharp. A car that has impressed RROC judges, and spectators, for nearly a generation, this Mulliner Drophead has a special history that adds to its recognition and value. The new owner paid dearly, but intelligently, for its stature.
1932 Alfa Romeo 6C 1750 Series V Gran Sport Spider, Body by Zagato
Lot # 110 1932 Alfa Romeo 6C 1750 Series V Gran Sport Spider, Body by Zagato; S/N 10814400; Engine # 10814400; Dark Red/Brown leather; Estimate $1,500,000 - $2,200,000; Older restoration, 2- condition; Hammered Sold at $1,400,000 plus commission of 10.00%; Final Price $1,540,000 -- RHD. Black wire wheels, folding windshield, dual rear spares. Late body design with many 8C design elements including a fully disappearing top. A handsome and thoughtful older restoration by Fran Roxas with some use and miles. Oily chassis. Excellent paint, interior and chrome. Engine clean and detailed. New, shiny floors, engine recently rebuilt by Jim Stokes and dynoed at 100 bhp at 4,500 rpm through an SU carburetor (original Memini, rebuilt and tuned, is included.) Well done and professionally maintained. This Alfa showed 1,338 km on its odometer when it sold at Gooding's Scottsdale auction in 2008 and has 7,052 today, an enjoyable 3,550 miles as well as receiving some much-needed attention and detailing. Its price in Scottsdale was exactly the same as it brought here generating no return except enjoyment from the roughly $200,000 spent on the mechanical work and subtle upgrades for touring. A sound value in a notably sound and especially attractive 6C 1750.
1932 Ford Highboy Roadster
Lot # 111 1932 Ford Highboy Roadster; S/N R1845482M; Black/Dark Brown leather; Estimate $125,000 - $175,000; Older restoration, 2- condition; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 -- Red wheels with 1946 Ford hubcaps and trim rings, banjo style steering wheel, steel body, chrome suspension. Engine accessorized with repro Ardun heads, Stromberg 97 carburetors with a Tricksters intake and a SCOT supercharger. Originally built in the 50's, finished in this configuration in the 90's. Excellent body and paint with orange peel on the cowl vent. The driver's seat is lightly worn in. An awesome period hot rod with nice patina. No Reserve. This hot rod has a lot of great nostalgic appeal and speaks to onlookers who aren't necessarily modified enthusiasts. Unique and certainly worth every penny to the buyer.
1966 Ferrari 275 GTB Alloy Long Nose Berlinetta barn find
Lot # 113 1966 Ferrari 275 GTB Alloy Long Nose Berlinetta, Body by Pininfarina; S/N 08163; Engine # 08163; Silver/Dark Blue leather; Estimate $900,000 - $1,300,000; Unrestored original, 4+ condition; Hammered Sold at $1,400,000 plus commission of 10.00%; Final Price $1,540,000 -- Centerlock alloy wheels, Pirelli Cinturato CN75 tires. Bam find dirty. Runs and drives well, good compression, seat seams pulled. Transmission rebuilt years ago but not used since. All there and very appealing. Flawless this car isn't, but original it is, right down to the old Pirellis with the grimy marks from sitting flat for years. Another of Tom Shaughnessy's barn find gems, but better than most with the long nose alloy body. The bidding reflected the enthusiasm for this car, quickly exceeding the low estimate and then leaving the $1.3 million high estimate behind. This is a lot even for this car's specifications, but another one like it isn't likely to surface soon and it will get more than its share of attention wherever it appears.
1927 Mercedes-Benz S-Type 26/180 Sportwagen
Lot # 119 1927 Mercedes-Benz S-Type 26/180 Sportwagen; S/N 35218; Engine # 60424; Red/Black leather; Black cloth top; Estimate $5,500,000 - $6,500,000; Recent restoration, 1- condition; Post-block sale at $4,581,818 plus commission of 10.00%; Final Price $5,040,000 -- Lefthand drive. Outside exhaust pipes, folding windshield, radiator stoneguard, Concours restored a while ago with little evidence of use or age. Original engine and body restored in the original colors. Known history from new. 2004 Pebble Beach second in class. Excellent paint, nickel and upholstery lightly stretched on the driver's seatback. Cracked brake light lens. Otherwise above reproach. Unsold on the block but closed during the auction at this negotiated price, the buyer got one of the finest early Mercedes-Benz automobiles with an impeccable history for a sensible price.
1941 Cadillac Series 62 Convertible Coupe
Lot # 120 1941 Cadillac Series 62 Convertible Coupe; S/N 8362735; Black/Red leather; Black cloth top with red piping; Estimate $125,000 - $140,000; Cosmetic restoration, 3+ condition; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 -- Red rims, wide whitewalls with hubcaps and trim rings. Radio, fender skirts, tool kit and aftermarket seat belts. Old chrome polished through in places but not pitted or rusted. New top and lightly worn seats. The dash presentation is beautiful though the coating on the steering wheel is coming off. Excellent paint but lots of small waves on hood and body. Engine bay correct and presentable but not detailed for show. No Reserve. It's a stylish model but the restoration was touted as being much nicer than it actually was. The light seat wear and rubbed chrome isn't so much as an issue, but with a body that wavy it can't pass as more than a nice driver. The price paid recognizes most, but not all, of its shortcomings but is more appropriate than the $126,500 it brought at RM here in Monterey in 2006.
1953 Siata 208S Spider
Lot # 121 1953 Siata 208S Spider, Body by Motto; S/N BS514; Engine # BS071; Red/Tan leather; Tan cloth top; Estimate $1,000,000 - $1,250,000; Recent restoration, 2+ condition; Hammered Sold at $1,425,000 plus commission of 10.00%; Final Price $1,567,500 -- Freshly restored by Epifani with excellent paint, chrome and interior. Better than new. Original engine. A stunning automobile with a class win at Pebble Beach in 2008. One of the prettiest little sports cars ever to come out of Italy, and that's saying a lot, with a nifty little 90 degree V-8 engine. This result reflects the meticulous restoration but is a long stretch in 208S values and expensive by any standard. It would have been fully valued at Gooding's low estimate.

Gooding & Company Pebble Beach 2011 – Auction Report Continued

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Show Comments (4)

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  1. SUPERB report on the Gooding auction. Rick Carey’s insights are always much appreciated. I’m hopeful the 250 TR went to the same buyer of the Fiat Transporter – that would be something to see.

    1. Its Ironic. The seller of the 250TR was the buyer of the Fiat 642 Transporter(Jon Shirley)! The 250TR is believed to have gone to a mystery buyer in Argentina, whom also bought&overpaid for the $2.2M steel bodied 300SL Gullwing,overpaid for that producers 250GT LWB California for $5.7M,and finally was the same guy who dished out the $880K for that lime green Ghibli 4.9SS Spyder!

      1. Shirley now has two Fiat Transporters?? I’m pretty sure he already had his Fiat transporter before this auction – in fact, I would border on certain because I saw it years ago in his incredible shop.

        What on earth is the Argentinian thinking on those trades? I need his bank account….!

  2. A great report on the outcome of the Auction. Gooding put on an auction event that was both exciting and valuable for both sellers and buyers. I still think there was something in the Kettlecorn they were sending out to the hungry crowd that got everyone in the bidding frenzy but it may have just been the hammering of some beautifu classics. Looking forward to Scottsdale next year.