250 LM at Auction - s/n 6045

Hammered tonite at RM Monterey at $ 10'500'000 PLUS 10 percent buyer's premium. Total $ 11'550'000.

Marcel Massini

 

Always willing to admit when I am proven wrong on values and I most certainly was. Barbecued Crow does not taste as bad as ash covered Phoenix however.

 

Two cars, a Certificate and all that for half of an original car's market value. This a new record for the certification price, if the buyer is real.

 

Complete b.s.
ONE car.
And no 250 LM has ever sold for $ 21 M or at least close to $ 20 M.

Marcel Massini

 

And still (despite being proven wrong) Freshman continues to try to rubbish the car!

RM told me that The buyer spent 6 hours going through the car and the file in the greatest detail and clearly was very satisfied with that on offer.

In my opinion congrats to the new owner, it's a very Special K ar.

I saw three real bidders in the room.

 

Where is it going?

 

Marcel,
Jet lag or the beginnings of short term memory loss? You are contradicting your own post (#4 Monterey Auction thread started by Timmmmmmmmmy dated 7-26-2014). 22 days ago you stated " A 250 LM was sold this week for $18 M." Now I admit that certainly is not 20 million but IMHO 18 is more than adequately close enough to 20 to qualify lgs portion of the post #178 "all that for half of an original car's market value" as not being complete b.s.

 

LM goes to Texas.

Marcel Massini

 

Thank you, ma calma giovanotto! Let's hope the right ONE is left! But certainly a record price for a Classiche Certificate. And did finally a horse find its way to the race?

 

Still no reply to below. Keep up the good work my good man

"Complete b.s."
"And no 250 LM has ever sold for $ 21 M or "at least close to $ 20 M".

Marcel Massini

Marcel,

Jet lag or the beginnings of short term memory loss? You are contradicting your own post (#4 Monterey Auction thread started by Timmmmmmmmmy dated 7-26-2014). Less than 22 days ago you stated " A 250 LM was sold this week for $18 M." Now I admit that certainly is not 20 million but 18 is more than adequately close enough to 20 to qualify lgs portion of the post #178 "all that for half of an original car's market value as not being complete b.s.

 

For the avoidance of doubt it would appear that Adcanorm is (as we know Babci is)

The one and only Riccardo Freshmankini

 

Well it appears lgs still thinks the one Freshman made was the real one:

Weird
Pete

 

Are you at liberty to say where in Texas?

 

Dallas.

Marcel Massini

 

Pete,

I think you may be mistaking lgs's intention about what he is talking about where he says the "One". I think he is only referring to the 6045 he says he saw at Fulvio Visloli 's back in the 90s. I could be wrong about it but the outcome of what really happened but I seem to recall something about Visloli 's shop getting raided back then and a fake LM was reportedly found there and more were in the making. I think there have been discussions on various threads within this site about his activities in this regard along with Italian newspaper reports about the subject(LA TRUFFA DELLE FALSE FERRARI ' QUELLE ROSSE NON SONO VERE' - la Repubblica.it) easily found on the internet about it. In any case for clarity here maybe you should ask lgs directly about it in a post as he certainly did not mention the Freshman car by name in your referenced quoted post of his.

There should be no questioning that lgs has a valid point when talking about the relative value of a current LM (condition not reported) as even our mighty Marcel publicly proclaimed to all just 23 days ago that one sold for 18 million. (see his post #4 in the Monterey Auction thread started by Timmmmmmmmmy dated 7-26-2014)

 

Wrong. No chassis is/was period original and the used "as-new" a works repro just with the original s/n tube (and - well - new Classiche tag). But never ever eliminate any pieces, that created the car's history.

 

Ah, get it. Thanks lgs and Babci.

I have a lot of faith in Marcel and I have also read a little bit of the history of #6045 (non-Freshman) and always believed that car had a large % of the original chassis.
Pete

 

I meant to say San Antonio, TX. Not Dallas.

Marcel Massini

 

You are losing it. What it is clear is that you have not been able to present any documented proof and support for any of your personal accusations or opinions about the actual historical events that occurred with/to the "original" 6045 nor surrounding remaining 6045 example to anyone challenging you. It is quite transparent the tactic you have been attempting to employ is a poor attempt to divert the audience's attention from your total lack of any ability to provide documentation/proof to support anything you say and that possibly no one will notice your abject failure to do so. That tactic is getting old. Who is next on your list to accuse of being Freshman... lgs? Ferrari-Tech? Or will it be just any one who disagrees with you or presents their own opinion different from yours and accompanies it with relevant conclusive documentary proof provided by the vendor all gleaned from the material presented in this threads various posts?

The fact is the "original" 6045 struck something, caught fire and burned some 40+ years ago. The damaged and rusted remains were then used to resurrect the current remaining 6045 example along with the original engine, a new body, fuel tanks, electrical system and countless other new and original parts, etc. During that process it has been restored multiple times to end up in better than new condition. It is more than appropriate to refer to it as a Phoenix that has risen from its own ashes.

What is also fact is that the remaining example 6045 did sell for a historically record setting number for such a storied example. IMHO this is only a reflection of some of the market participants at this time and their attitude for risk taking in the current market while ignoring the possible downside risk for such examples similar to the remaining 6045 and the market in general. Only time will tell if they are right. Good luck on your journey deeper into the shadow of irrelevancy.

 

Going through the car over 6 hours? Can you kindly tell us, what they could check apart of the original chassis bar with the Classiche tag and the documentation produced by the restorer itself? The car was certainly not taken apart for checking the only relevant thing, the "as-new" chassis.

 

If the deal is real, the market had spoken and the helpers made a good job. It simply has to be accepted now, that there is obviously a certain demand for as-new and better then original products .... and Classiche Certificates. Not really my cup of the - especially not with this complete lack of transparency - but it's a fact and doesn’t have to be lamented anymore. All is said, 6045 is what it is but the car is certainly a stunning creation. And let’s really hope, that it will be also shown and enjoyed on the track.

 

Same gentleman who was one of the underbidders for the GTO?

 

Awesome!!! Maybe I might see it

Thanks for your reply!

Edit- just saw you revised it to San Antonio

 

He Spent six hours looking at the car ??? he wasn't very keen to buy it then, the guy with the hammer had to work very very hard to coax bids out of people.

I was in the room and didn't see 3 "real" buyers.. Something was very strange about the sale, and the way the bidding went, seemed like a lot more theatrical than many of the other sales. I'm sure we will never know but if it smells like a rat...............................