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250 GTO at no reserve at Quail - BONHAMS

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

?

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
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    WOW. What a deal! :D
     
  2. merstheman

    merstheman F1 Rookie

    Apr 13, 2007
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    Maybe started too low at 10M?
     
  3. ggjjr

    ggjjr Formula Junior

    Nov 11, 2003
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  4. readplays

    readplays Formula 3

    Aug 22, 2008
    1,655
    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
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    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
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    Anyone else keep losing video?
     
  7. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
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    So much for 75 mil
     
  8. SefacHotRodder

    SefacHotRodder F1 World Champ

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    Once just now, yea
     
  9. alexwagner

    alexwagner Formula Junior

    Aug 31, 2013
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    Alex Wagner
    this is killing me! lol
     
  10. Peloton25

    Peloton25 F1 Veteran

    Jan 24, 2004
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    Erik
    Didn't expect it to be nearly this much of a struggle.

    >8^)
    ER
     
  11. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
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    WOW. Great deal! :)
     
  12. readplays

    readplays Formula 3

    Aug 22, 2008
    1,655
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    Dave Powers
    Sold. 34,650,000.
     
  13. Peloton25

    Peloton25 F1 Veteran

    Jan 24, 2004
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    Erik
    So $38,115,000 with Premuim, if it was 10%.

    >8^)
    ER
     
  14. merstheman

    merstheman F1 Rookie

    Apr 13, 2007
    3,554
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    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
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    Seriously.
     
  16. readplays

    readplays Formula 3

    Aug 22, 2008
    1,655
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    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
    1,717
    Arlington, VA
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    Dennis
    So, an indication of market stabilization?
     
  18. pappy.72

    pappy.72 Formula Junior

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

    thecheddar Formula 3

    Jun 29, 2006
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    Santa Monica
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    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
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    I wouldn't say "bubble burst" yet but maybe more of a market correction
     
  22. ARTNNYC

    ARTNNYC F1 Rookie
    Rossa Subscribed Owner

    Jul 8, 2005
    3,741
    NYC, FL
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    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
    479
    DFW Texas
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    Brent
    About 5% of the respondents were close
     
  24. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3
    Silver Subscribed

    Apr 5, 2010
    2,088
    NZ
    Full Name:
    Timothy Russell
    Did I hear him say a European bidder ?
     
  25. Thomas Magnum

    Thomas Magnum F1 Veteran
    Silver Subscribed Owner

    Feb 24, 2013
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    Piperton, TN
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    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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