The Ferrari collection of Sherman M. Wolf will be featured at the 2012 Gooding & Company Pebble Beach auction, scheduled for August 18th and 19th in Pebble Beach, California. The Sherman Wolf Collection includes an alloy-bodied 1960 Ferrari 250 GT LWB California Spider Competizione, a 1953 Ferrari 340 MM Spider, a 1957 Ferrari 500 TRC and a 1985 Ferrari 288 GTO.

“Sherman Wolf was one of the most earnest and generous Ferrari enthusiasts I’ve ever known and he is dearly missed by many friends in the collecting community,” says David Gooding, President and founder of Gooding & Company. “We are honored to offer his stunning collection for the next generation to continue his legacy of passion and admiration for these extraordinary Ferraris.”

A lifelong Ferrari devotee who passed away earlier this year, Sherman Wolf was revered and loved by his friends in the car community for his enthusiasm and dedication to the hobby. He had a passion for collecting and repairing antique radios, clocks and cars, driven by his natural engineering talents and business innovation with two-way radios. When it came to cars, he was often the enthusiastic participant in road rallies – such as the Mille Miglia, Colorado Grand and Tour Auto – who helped repair other drivers’ cars out of good will.

1960 Ferrari 250 GT Long Wheelbase Alloy California Spider Competition
1960 Ferrari 250 GT LWB Alloy California Spider Competizione – Estimate $7,000,000 to $9,000,000.
1960 Ferrari 250 GT LWB Alloy California Spider Competizione
1960 Ferrari 250 GT LWB Alloy California Spider
1960 Ferrari 250 GT LWB Alloy California Spider Competizione
1960 Ferrari 250 GT LWB Alloy California Spider

The 1960 Ferrari 250 GT LWB Alloy California Spider, chassis 1639 GT, is one of nine alloy-bodied LWB California Spiders. When new, 1639 GT was delivered to Illinois-based Ferrari dealer and racer George Reed and displayed at the 1960 Chicago Auto Show. In the late 1970s, Sherman Wolf purchased the California Spider as his first Ferrari and later drove it on the inaugural Colorado Grand. In addition to its alloy body and covered headlights, it is equipped with full competition specifications including an outside plug motor with TR heads, disc brakes, velocity stacks and a ribbed gearbox. Chassis 1639 GT has been restored by Ferrari specialist David Carte and it remains in show condition. Its estimate is $7–$9 million.

1953 Ferrari 340 MM Competition Vignale Spider
1953 Ferrari 340 MM Competition Vignale Spider – Estimate $4,500,000 to $6,500,000.
1953 Ferrari 340 MM Competition Vignale Spider
1953 Ferrari 340 MM Competition Vignale Spider
1953 Ferrari 340 MM Competition Vignale Spider
1953 Ferrari 340 MM Competition Vignale Spider

The 340 MM was the ultimate variant of the 340 series, which began in 1950 with the 340 America. Sherman Wolf’s 0350 AM is the last of ten 340 MMs as well as the last of five 340 MM Spiders bodied by Vignale. This car was sold new, in a two-tone American racing scheme, to Sterling Edwards, a California sportsman and chairman of the Pebble Beach Road Races Committee. After picking up the car in Italy while on his honeymoon, Edwards returned to the US and raced 0350 AM throughout 1953 and 1954, winning at Pebble Beach, Palm Springs, Stead AFB and Seafair. In 1955, Los Angeles race car driver Tom Bamford purchased the 340 MM, which he drove in local races through 1955. Sherman Wolf gained ownership of the Ferrari in 1984 and enjoyed it on long-distance tours, including the Mille Miglia Storica and Colorado Grand. 0350 AM is offered with its unrestored, matching-numbers engine. Its estimate is $4.5–$6.5 million.

1957 Ferrari 500 TRC by Scaglietti
1957 Ferrari 500 TRC by Scaglietti – Estimate $3,750,000 to $4,500,000.
1957 Ferrari 500 TRC bodied by Scaglietti
1957 Ferrari 500 TRC by Scaglietti
1957 Ferrari 500 TRC by Scaglietti
1957 Ferrari 500 TRC by Scaglietti

One of nineteen Ferrari 500 TRC’s built, this 1957 example (chassis 0662 MDTR) was delivered new to John von Neumann. Von Neumann raced it briefly before he sold the car to Dr. Frank Becker of Washington, who competed with the 500 TRC successfully throughout the US in the 1950s. Eventually 0662 MDTR was sold to Thor Thorson and then Sherman Wolf, who has since owned it for 20 years. Bodied by Scaglietti, this matching-numbers 500 TRC was a past Monterey Historics and Colorado Grand participant. Its estimate is $3.75–$4.5 million.

1985 Ferrari 288 GTO
1985 Ferrari 288 GTO – Estimate $750,000 to $900,000.

Designed by Pininfarina and coachbuilt by Scaglietti, the 1985 Ferrari 288 GTO being offered (chassis 52469) was first sold to Ferrari collector Ronald Stern of London just before Sherman Wolf acquired it the same year. Only 272 examples of Ferrari’s first limited-production supercar were built, and this 288 GTO is a US Federalized example equipped with its original books and tools, as well as air-conditioning and power windows, which were the only options available at the time. With just 6,000 miles from new, Sherman Wolf’s original, two-owner 288 GTO has an estimate of $750,000–$900,000.

The Gooding & Company Pebble Beach Auctions 2012 will take place on Saturday and Sunday, August 18th and 19th at the Pebble Beach Equestrian Center, located at the corner of Portola Road and Stevenson Drive. Preview days will start on Wednesday, August 15, and continue through Sunday, August 19. The auctions will commence at 5:00 p.m. on Saturday and 6:00 p.m. on Sunday. Gooding & Company’s Pebble Beach Auctions catalogues are available for $100 and admit two to the viewing and the auctions. General admission tickets to the viewing and auctions may be purchased on-site for $40.

For more information, visit www.goodingco.com or call (310) 899-1960.

[Source: Gooding & Company; photos: Brian Henniker, copyright and courtesy of Gooding & Company]