Bonhams Greenwich Auction Ferrari Results | FerrariChat

Bonhams Greenwich Auction Ferrari Results

Discussion in 'Vintage Ferrari Market' started by 375+, Jun 5, 2016.

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  1. 375+

    375+ F1 World Champ
    Silver Subscribed

    Dec 28, 2005
    12,049
    #1 375+, Jun 5, 2016
    Hammer prices as posted:

    Lot 10 Euro spec F40 9000km. $950,000
    Lot 38 575M F1 $112,000
    Lot 43 Testarossa 3800mi. $158,000
    Lot 54 575M Superamerica 6 spd. No Sale
    Lot 55 355 GTS 6 spd. $75,000
    Lot 64 308 GTB QV $67,500
    Lot 101 275 GTB/4 No Sale

    Buyers commission 10%
     
  2. Ferrari 308 Vetro

    Ferrari 308 Vetro F1 Rookie

    Nov 12, 2012
    4,426
    Austria
    #2 Ferrari 308 Vetro, Jun 5, 2016
  3. mchas

    mchas F1 Veteran
    Silver Subscribed

    Oct 5, 2004
    5,916
    Los Angeles
    Full Name:
    Mark
    #3 mchas, Jun 6, 2016
    Looks like things might be coming back down to earth...
     
  4. Daniel Marchand

    Daniel Marchand Rookie

    Oct 14, 2014
    30
    Full Name:
    Daniel MM
    #4 Daniel Marchand, Jun 7, 2016
    Anybody knows the high bids on the 275 GTB/4 and the 575M Superamerica?
     
  5. amenasce

    amenasce Three Time F1 World Champ
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    Oct 17, 2001
    33,103
    Full Name:
    Joe Mansion
    #5 amenasce, Jun 7, 2016
    Good...The Euro F40 was actually a pretty good buy considering the market. In Europe they are going for more than that with more kms.
     
  6. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
    33,103
    Full Name:
    Joe Mansion
    #6 amenasce, Jun 7, 2016
  7. subirg

    subirg F1 Rookie

    Dec 19, 2003
    4,198
    Cheshire
    #7 subirg, Jun 7, 2016
    Shows the massive disconnect between auction price and retail. Testarossas with that few miles in the uk and rhd are asking over double that price..!
     
  8. Yann Jules

    Yann Jules Rookie

    Apr 26, 2012
    25
    Europe
    Full Name:
    Yann Jules
    #8 Yann Jules, Jun 7, 2016

    Storied past IIRC.
     
  9. stevewak

    stevewak Karting

    Jul 31, 2006
    143
    UK
    #9 stevewak, Jun 7, 2016
    "The Euro-spec, adjustable suspension 1989 Ferrari F40 has been sold twice in 2015, once by Barrett-Jackson in January and again by Mecum at Monterey in August. On both occasions it grossed around $1.1m. This, and a catalogue description stating that “the original owner had reported that the car had undergone some damage repair in Italy (not by the factory)”, will not inspire today’s super-picky Ferrari supercar buyer."
     
  10. 375+

    375+ F1 World Champ
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    Dec 28, 2005
    12,049
    #10 375+, Jun 7, 2016
    4cam was bid to 2.5 million, not certain if anyone was actually bidding on it. 575M got somewhere north of 500, don't recall the exact amount but it was well below estimate.
     
  11. 375+

    375+ F1 World Champ
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    Dec 28, 2005
    12,049
    #11 375+, Jun 7, 2016
    Some confusion there. It appeared to be a No Sale on the block but as the auction was in progress it showed as a sale at $950,000 in the online results. Probably just a mistake.
     
  12. NYC123

    NYC123 Formula Junior

    Jul 15, 2006
    466
    #12 NYC123, Jun 7, 2016
    key word "asking" , asking and selling are not correlated at all these days
     
  13. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,876
    #13 ttforcefed, Jun 8, 2016
    this was also true from 2008 to 2010 when no one was buying cars - whether its a bull or bear market, asking prices are always higher than prices that print
     
  14. Lorenzo Ferri

    Lorenzo Ferri Rookie
    BANNED

    Apr 18, 2016
    5
    #14 Lorenzo Ferri, Jun 8, 2016
    normal as people will always discuss
     
  15. Parnelli

    Parnelli Formula Junior
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    Aug 30, 2013
    995
    Milwaukee, WI
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    Greg P
    #15 Parnelli, Jun 9, 2016
    only $158K for a 3,800 mile '86 TR? nice buy!
     
  16. jlonmark

    jlonmark F1 Rookie

    Mar 29, 2005
    3,175
    Beverly Hills, CA
    Full Name:
    Jay
    #16 jlonmark, Jul 11, 2016
    The messershmitt was a buy @ 27k as well.
     
  17. 166&456

    166&456 Formula 3

    Jul 13, 2010
    1,723
    Amsterdam
    #17 166&456, Jul 11, 2016
    Market developments are never the result of only one aspect, but one aspect is currently particularly at play here, and that is market anticipation on a dollar rise (and/or euro downfall). I suspect Ferrari prices in dollar terms will be quite soft for some time to come.
     

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