250 GTO at no reserve at Quail - BONHAMS | Page 10 | FerrariChat

250 GTO at no reserve at Quail - BONHAMS

Discussion in 'Vintage Ferrari Market' started by Onebugatti, Jun 30, 2014.

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?

what will 250 GTO #3851 auction for at Bonhams' August 15?

  1. <= $20mm

  2. $25mm

  3. $30mm

  4. $35mm

  5. $40mm

  6. $45mm

  7. $50mm

  8. $55mm

  9. $60mm

  10. $65mm

  11. $70mm

  12. $75mm

  13. => $80mm

  14. no idea

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  1. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
    11,148
    NJ
    Full Name:
    Chris
    WOW. What a deal! :D
     
  2. merstheman

    merstheman F1 Rookie

    Apr 13, 2007
    4,417
    São Paulo, Brazil
    Full Name:
    Mario
    Maybe started too low at 10M?
     
  3. ggjjr

    ggjjr Formula Junior

    Nov 11, 2003
    870
    Detroit
    Full Name:
    George
  4. readplays

    readplays Formula 3

    Aug 22, 2008
    2,344
    New York City
    Full Name:
    Dave Powers
    Creeping up in $50,000 increments. Currently at $34,350,000.
     
  5. merstheman

    merstheman F1 Rookie

    Apr 13, 2007
    4,417
    São Paulo, Brazil
    Full Name:
    Mario
    The auctioneer has charisma hahaha said 34.350 wouldn't look good on the press release, how about 34.5
     
  6. S Brake

    S Brake F1 World Champ

    Aug 3, 2006
    17,182
    Utah
    Full Name:
    Dave
    Anyone else keep losing video?
     
  7. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
    11,148
    NJ
    Full Name:
    Chris
    So much for 75 mil
     
  8. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
    11,148
    NJ
    Full Name:
    Chris
    Once just now, yea
     
  9. alexwagner

    alexwagner Formula Junior

    Aug 31, 2013
    343
    Paris, France
    Full Name:
    Alex Wagner
    this is killing me! lol
     
  10. Peloton25

    Peloton25 F1 Veteran

    Jan 24, 2004
    7,645
    California, USA
    Full Name:
    Erik
    Didn't expect it to be nearly this much of a struggle.

    >8^)
    ER
     
  11. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
    11,148
    NJ
    Full Name:
    Chris
    WOW. Great deal! :)
     
  12. readplays

    readplays Formula 3

    Aug 22, 2008
    2,344
    New York City
    Full Name:
    Dave Powers
    Sold. 34,650,000.
     
  13. Peloton25

    Peloton25 F1 Veteran

    Jan 24, 2004
    7,645
    California, USA
    Full Name:
    Erik
    So $38,115,000 with Premuim, if it was 10%.

    >8^)
    ER
     
  14. merstheman

    merstheman F1 Rookie

    Apr 13, 2007
    4,417
    São Paulo, Brazil
    Full Name:
    Mario
    Wow, that was 30 million less than what I thought it would be. Amazing. Wonder what the repercussions will be...
     
  15. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
    11,148
    NJ
    Full Name:
    Chris
    Seriously.
     
  16. readplays

    readplays Formula 3

    Aug 22, 2008
    2,344
    New York City
    Full Name:
    Dave Powers
    So how much of this is the history of the car and how much of this is the current state of the market?
    It will be interesting to see how the rest of the lots do.
    This can't be a strong number for Lot 3.
    Undersold the last 3(?) GTO sales?
     
  17. DennisForza

    DennisForza Formula 3

    May 23, 2006
    1,800
    Arlington, VA
    Full Name:
    Dennis
    So, an indication of market stabilization?
     
  18. pappy.72

    pappy.72 Formula Junior

    Nov 13, 2010
    516
    Elgin, IL
    Full Name:
    Dave
    Anyone want to guess where it went? I am thinking China or Japan.
     
  19. thecheddar

    thecheddar Formula 3

    Jun 29, 2006
    1,057
    Santa Monica
    Full Name:
    Cheddar, The
    Hard as it is to say at $38M all in, that was WELL BOUGHT!
     
  20. alexalex88

    alexalex88 Rookie

    May 6, 2013
    17
    Is the bubble due to burst? Would this be one of the firsts symptoms? Impressive low final bid according to the amounts that were previously on the table...

    Awesome deal anyway.
     
  21. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
    11,148
    NJ
    Full Name:
    Chris
    I wouldn't say "bubble burst" yet but maybe more of a market correction
     
  22. ARTNNYC

    ARTNNYC F1 Rookie
    Owner

    Jul 8, 2005
    3,767
    NYC, FL
    Full Name:
    Jerome
    I think 38 million is a pretty big number for a car with only OK racing history
     
  23. bcc

    bcc Formula Junior
    Silver Subscribed

    Jul 31, 2006
    485
    DFW Texas
    Full Name:
    Brent
    About 5% of the respondents were close
     
  24. Timmmmmmmmmmy

    Timmmmmmmmmmy F1 Rookie

    Apr 5, 2010
    2,612
    NZ
    Full Name:
    Timothy Russell
    Did I hear him say a European bidder ?
     
  25. Thomas Magnum

    Thomas Magnum F1 Veteran
    Owner

    Feb 24, 2013
    8,034
    Full Name:
    Mark
    Isn't $38M a record for car at auction? Seems the other cars in the lot are doing pretty well.
     

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