Monday, August 29, 2011

Sales Results-Selected Ferraris For Sale At The Monterey Auctions

by Mike - 

Sales results are in red text.

There are many great Ferraris at the Monterey auctions this year as usual. I may need to write another post to cover some of the others.

Here are some that I think deserve attention.

Estimate: Available Upon Request - ouch, too expensive to write down. Look at the drivers who drove this car, that adds something to the value.

$3,685,000 Sold - expensive as predicted.

RM says:

280 hp, 4,101 cc SOHC V-12 engine, three Weber 40 mm DCF/3 carburetors, five-speed manual transmission, independent front suspension by double wishbone and transverse leaf spring, rear live axle with semi-elliptic leaf springs and trailing arms, four-wheel hydraulic drum brakes.

- Third of only three 340 Mexico Berlinettas built, purpose built to contest 1952 Carrera Panamericana
- Original, matching-numbers drivetrain
Ex-Alberto Ascari, Carroll Shelby, Jack McAfee
- 1988 Ferrari Club of America Best in Show; Best Competition Ferrari
- 1989 Best in Class at Pebble Beach Concours
- Extensive recent historic racing and 2007 Pebble Beach entry (Exhibition Only)

1974 Ferrari 365 GT4 Berlinetta Boxer at RM Auctions.

$130,000 Sold - this is a lot of fun for a modest price.

Estimate: $150,000-$200,000 - always a classic at a "reasonable" price for a Ferrari.

RM says:

344 bhp, 4,390 cc horizontally-opposed, DOHC 12-cylinder engine, four Weber triple-choke carburetors, five-speed manual gearbox in rear transaxle, four-wheel independent suspension with unequal-length A-arms, with coil springs and anti-roll bars, twin coil springs at rear, and four-wheel hydraulic disc brakes.

- Ferrari’s first road-going flat 12-cylinder “Boxer” design
- Approximately 17,300 original miles
- One of only 387 built

1971 Ferrari 365 GTB/4 Daytona Berlinetta at RM Auctions.

Not Sold at a high bid of $270,000 - this seems like a lot of money to not accept.

Estimate: $295,000-$345,000 - probably more fun to drive than the Boxer above and more expensive too.

RM says:

352 bhp, 4,390 cc double overhead camshaft V-12 engine, six Weber 40DCN20 dual choke carburetors, five-speed manual gearbox, independent front and rear suspension with unequal length A-arms, coil springs and telescopic shock absorbers, four-wheel servo-assisted hydraulic disc brakes.

- Spectacular example of Ferrari’s last true front-engined vintage V-12 supercar
- Ownership history from new

1957 Ferrari 250 Testa Rossa at Gooding.

$16,390,000 Sold - a world record for a car sold at auction - wow, I wonder if this will appreciate?

Estimate Available Upon Request - another very expensive car, but what a history.

Gooding says:

The First 250 Testa Rossa Built
An Exceedingly Rare Scuderia Ferrari Team Car
Eight-Year International Racing History at Premier Venues
Driven by the Greatest Names in Motor Sport
Known, Continuous Ownership History from New
Multiple-Award-Winning Restoration by Dennison International
First in Class at the 2006 Pebble Beach Concours d’Elegance
Presented in Stunning 1958 Le Mans NART Livery
Offered with Extensive Documentation, Race Engine and Spares
Documented by Ferrari Historian Marcel Massini
Fully Certified by Ferrari Classiche

2,953 CC Tipo 128 LM SOHC V-12 Engine
Six Weber 38 DCN Carburetors 
300 BHP at 7,200 RPM 
4-Speed Manual Gearbox 
4-Wheel Hydraulic Drum Brakes 
Independent Front Suspension with A-Arms and Coil Springs
De Dion Tube Rear Axle with Transverse Leaf Springs

1959 Ferrari 250 GT LWB California Spider at Gooding - finally a non-red Ferrari!

$3,355,000 Sold - did the non-red color help or hurt the price?

Estimate is $3,000,000 - $4,000,000 - so not too expensive and it looks and sounds great in the video below.

Gooding says:

The 18th of 50 LWB California Spiders
Factory Delivered with Cold-Air Box and Velocity Stacks
Known Ownership History from New
Verified Matching-Numbers Example
Restored by the Finest Restoration Firms
Recently Sorted and Serviced by Bob Smith
Documented by Ferrari Historian Marcel Massini

2,953 CC SOHC Tipo 128 D V-12 Engine
Three Weber 36 DCL3 Carburetors
240 BHP at 7,000 RPM
4-Speed Manual Gearbox
4-Wheel Hydraulic Drum Brakes
Independent Front Suspension with Anti-Sway Bar
Live Rear Axle with Trailing Arms

One of the perks of owning the auction company is that you get to drive some of the cars!

Click on the images for a larger view.

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  1. This comment has been removed by the author.

  2. Wow! Please post more! I love the Ferrari video.

  3. Thanks Bruce - as long as there are readers I will keep posting.