Based on this weeks results. | FerrariChat

Based on this weeks results.

Discussion in 'Vintage Ferrari Market' started by GWB, Aug 16, 2014.

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  1. GWB

    GWB Karting

    Feb 18, 2007
    209
    Houston Texas
    Full Name:
    Gavin Britz
    Market peaked , still going up, stable or the start of the fall ?
    What do people think?
    G
     
  2. thecheddar

    thecheddar Formula 3

    Jun 29, 2006
    1,057
    Santa Monica
    Full Name:
    Cheddar, The
    Difficult to say so far, of course, but it'll be complicated by the number and quality of cars available: The spiraling prices of late have drawn out some disproportionally great machinery, perhaps slicing the "pie" for blue chip cars a little bit fine. We may not see a truly representative picture of the vintage market by this weekend's prices alone.

    $.02 of Cheddar. Salt to taste.
     
  3. Daytonafan

    Daytonafan F1 Rookie

    Oct 18, 2003
    2,748
    Surrey, England
    Full Name:
    Matthew
    +1 for those with an FB account Simon Kidston's page has some interesting comments particularly about the Countach and the 300SL that RM sold for good money (can't work out how to copy the link with the iPad).
     
  4. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    22,918
    You are way too early.
    Wait at least 48 more hours, if not more. Till final results are clear and known.

    Marcel Massini
     
  5. thecheddar

    thecheddar Formula 3

    Jun 29, 2006
    1,057
    Santa Monica
    Full Name:
    Cheddar, The
    Oh I agree completely, of course, hence my use of "perhaps" and "may"! In another 48 hours+ I "might" argue that a better snapshot measure "could" be the total spent among blue chip cars (ie the whole pie) rather than individual records or individual cars. "Maybe." ;)

    Hope your weekend is a good one Marcel!
     
  6. Marcel Massini

    Marcel Massini Two Time F1 World Champ
    Honorary

    Mar 2, 2005
    22,918
    Thanks, has been fabulous so far.

    Mecum auction a few mins ago: Mike Regalia's 250 GT Cabriolet S2 just sold for US$ 2.25 m hammer to Colin Comer.
    Betz & Peters 375 MM spider not sold.

    Marcel Massini
     
  7. ProCoach

    ProCoach F1 Veteran
    Owner

    Sep 15, 2004
    5,465
    VIR Raceway
    Full Name:
    Peter Krause
    And Colin is an intelligent buyer...
     
  8. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
    33,080
    Full Name:
    Joe Mansion
    So out of the big 3 Ferraris, none have sold for what i thought.

    GTO, Speciale and LM. Only waiting for the 365 Speciale.
    Of the modern cars, the black Enzo, F40LM and F40 sold for market (or less than ask/estimate).
     
  9. Prancing 12

    Prancing 12 F1 Rookie
    Silver Subscribed

    May 11, 2004
    2,650
    The long way home
    And the FXX Evo sold for ~20% less than the Enzo!
     
  10. greg512tr

    greg512tr Formula Junior
    Owner

    Feb 19, 2002
    983
    Dallas TX
    Full Name:
    Greg B
    #10 greg512tr, Aug 17, 2014
    Last edited: Aug 17, 2014
    With social media tools such as Facebook and twitter its amazing the lack of real-time auction results (other than Bonhams). Gooding tweets what car is on the block and sometimes where the bidding is during the auction but not the final result.

    Results through Friday show strong growth over 2013.

    Overall through Friday from all auction companies
    Cumulative Total: $176.3M
    434/787 lots sold: 55%
    Average Sale Price: $405,639
    Median Sale Price: $61,560

    2013 Cumulative Results Through Friday
    Cumulative Total: $95.9M
    416/726 lots sold: 57%
    Average Sale Price: $230,422
    Median Sale Price: $47,300
     

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