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Gooding Amelia Island auction - live online now

Discussion in 'Vintage Ferrari Market' started by KBS1965, Mar 13, 2015.

  1. El Wayne

    El Wayne Global Moderator
    Global Moderator Owner

    Aug 1, 2002
    17,960
    San Marino, CA
    Full Name:
    L. Wayne Ausbrooks
    Last of the Ferraris:

    Lot #82
    1972 Dino 246 GTS
    Chassis 03652
    Est: $350,000 - $425,000
    Sold: $325,000 +commission ($357,500 total)
     
  2. hhibbett

    hhibbett Karting

    Aug 24, 2008
    97

    This depends upon whether the auction companies' estimates are meant to include the final sales price, which includes commission, or are their estimates supposed to be the hammer price.
     
  3. F40-R

    F40-R Formula Junior
    Rossa Subscribed

    Jun 22, 2014
    893
    Dino's have pulled back a bit, I think it's because there's a flood of them and too many have now sold at auctions.
     
  4. amenasce

    amenasce Two Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
    27,135
    Paris / Chicago
    Full Name:
    Andrew Menasce
    Dinos have indeed pulled a bit. The rest are around market/high market. GTC at 935, GTB4 at 3.3, Aperta at 1.150m. F40 apparently sold for more than 1.4m also.

    Then $71k for a 348TB is more than any market car atm.
     
  5. FarEastFerrari

    FarEastFerrari Formula Junior

    Jan 27, 2014
    433
    Hong Kong, LA & NY
    Full Name:
    Thomas Choi
    In Bonhams didn't a F&C Dino sell for over $500K this week? The barn find green Dino looked in bad condition and didn't deserve the $400K+ range. I dont believe Dino prices are off.
     
  6. FarEastFerrari

    FarEastFerrari Formula Junior

    Jan 27, 2014
    433
    Hong Kong, LA & NY
    Full Name:
    Thomas Choi
    The fact is the high bid on the green Dino at 330K before commission is higher than what people are advertising for nice cars.
     
  7. 375+

    375+ F1 Veteran
    Silver Subscribed Rossa Subscribed

    Dec 28, 2005
    6,529
    No one was bidding on the green Dino. Forget about the estimate, the car was a roach.
     
  8. 375+

    375+ F1 Veteran
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    Dec 28, 2005
    6,529
    Auction company estimates are always hammer price.
     
  9. 375+

    375+ F1 Veteran
    Silver Subscribed Rossa Subscribed

    Dec 28, 2005
    6,529
    The GTC was a beautiful car, many expected it to bring more.
     
  10. 375+

    375+ F1 Veteran
    Silver Subscribed Rossa Subscribed

    Dec 28, 2005
    6,529
    The 1975 3.0 RS(there were none) had a BIG story, car was re-chassis and assumed the identity of an earlier car. Porsche prices have softened a bit with the exception of Turbo's which should slow down soon.
     
  11. NYC123

    NYC123 Formula Junior

    Jul 15, 2006
    466
    the f+c sold 561k including comm. I did not see it but I have a black f+c for sale with less miles and after that silver car sold I now have 3-4 serious buyers that want it because apparently the silver car was just ok and mine is spectacular. dinos in general are flat in price for a year or more similar to most high production cars 300l etc etc. f+c will always do a bit better than the general market because of the low productions numbers. I thought 561k for just an ok f+c example is exactly where it should be and right within the estimate (was 500-600)...decent f+c cars have been 525k-650k for a year and a half and don't see that market moving much either way just steady....
     
  12. 87testa

    87testa Karting

    Dec 24, 2006
    242
    Toronto, Ontario
    I think the market is starting to level off. The auction companies can keep trying to beat the drums by increasing their estimates but the market is speaking. The laws of supply are working nicely. When prices rose due to demand some supply came out of the closet as it provoked owners to sell their cars. With the rise in supply on the market it started to level off prices as it softens demand.

    Recently the only cars going up such as the 308's are due to the fact they are catching up to their relative value with respect to the other models. At this point the true collectors will enjoy their cars and keep purchasing what they like, the speculators will start to consider selling which may lead to a further softening of the market or hold on to their assets (as they would refer to them) and say a few Hail Mary's.

    Happy Motoring
     
  13. ersatzS2

    ersatzS2 Formula Junior
    Rossa Subscribed

    Jan 24, 2009
    811
    Norfolk VA
    Ah that makes sense on the RS. The run up in prices of very high production cars, eg Porsche and E-types has been for me the most inexplicable aspect of the recent spike in auto-collectible valuations. There were 75,000 E's built, and hundreds of thousands of 911s. Also interesting to see the trajectory of 300SLs which also seem to be leveling, finally. It's incredible how many come to market; I think total production was only ~1500 and yet there seem to be 2-3 at every auction.
     
  14. geno berns

    geno berns F1 Rookie
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    Oct 26, 2006
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    Geno
    This car is exceptional!

     
  15. 330 4HL

    330 4HL Formula Junior
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    May 12, 2005
    835
    Vancouver
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    Rick Bradner
    I posted the following the other day on the "bubble burst" thread, but it's germane to the discussion here.

    "It will be interesting to see if the declaration of the "bubble bursting" isn't a reduction in prices, but a failure to meet ever higher estimated selling prices at auction.
    I see RM has a 330 2+2 with a $400K-$600K on auction this weekend. I can't imagine it coming close to the higher number, and it's been a rare car that has sold at even the low one..."

    The market for these cars HAS NOT SOFTENED; it's the estimates that are getting ahead of reality. A year ago a good 330 2+2 was $300K and now it's supposed to be $500K? Really?!
     
  16. Fred32097

    Fred32097 Karting

    Apr 6, 2005
    177
    North Carolina
    Full Name:
    Fred
    I bought it and am very pleased about the car and the price. The documentation with this car is incredible. After seeing the documentation and an MPI inspection I am convinced that Gooding's catalogue discreption is accurate.
     
  17. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3
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    Apr 5, 2010
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    Timothy Russell
    This is a very good point. As a matter of consequence any softening from a peak can and might be taken as inferring some form of crash when indeed it is just pointing towards a modicum of greed. My main argument is that the major players in the industry are struggling to get consignments and the only way of securing them is to promise a major payday to an un-convinced seller. Hell I'd sell granny if they offered me enough, eh!
     
  18. Bryanp

    Bryanp F1 Rookie
    Silver Subscribed

    Aug 13, 2002
    3,696
    Santa Fe, NM
    Does anyone know what the bare-metal Maserati 200si went for? It doesn't show up yet on the Gooding site. I think Lot 56. It shared the track w/ our car at Imola '55.
     
  19. 275gtb6c

    275gtb6c Formula 3
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    Oct 30, 2006
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    europe
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    oscar
    You mean the racer where sir Stirling Moss was present?

    (That car did not reach its estimate, I think the high bid (does not say anything) was 3.1 m usd.)
    Ciao
    Oscar
     
  20. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3
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    Apr 5, 2010
    2,087
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    Full Name:
    Timothy Russell
    Not Sold @ High bid of US$4.7 mil, I understand none of the BIG lots at gooding sold except the 275 GTB/4.
     
  21. Ferrari_250tdf

    Ferrari_250tdf Formula Junior

    Mar 3, 2005
    293
    I remember 4.5 Mio US. Estimate was 5.5
     
  22. Bertocchi

    Bertocchi Formula 3
    Consultant

    Jan 28, 2004
    1,851
    New Orleans, LA
    Full Name:
    David Castelhano
    What did the 330 GT 2+2 Series II sell for?
     
  23. El Wayne

    El Wayne Global Moderator
    Global Moderator Owner

    Aug 1, 2002
    17,960
    San Marino, CA
    Full Name:
    L. Wayne Ausbrooks
    Final report on all Ferrari lots (including buyer's premium):

    Lot #9
    1970 Ferrari 365 GT 2+2
    Chassis: 13069
    Est: $250,000 - $325,000
    SOLD $280,500

    Lot #19
    2005 Ferrari 575 Superamerica
    VIN: ZFFGT61A750142399
    Est: $450,000 - $600,000
    SOLD $440,000

    Lot #21
    1977 Ferrari 308 GTB Vetroresina
    Chassis: 19505
    Est: $175,000 - $225,000
    SOLD $192,500

    Lot #27
    1961 Ferrari 250 GT Series II Cabriolet
    Chassis: 2489GT
    Est: $2,000,000 - $2,500,000
    SOLD $2,090,000

    Lot #32
    1974 Ferrari Dino 246 GTS
    Chassis: 08486
    Est: $500,000 - $600,000
    SOLD $561,000

    Lot #44
    1967 Ferrari 275 GTB/4
    Chassis: 09489
    Est: $3,400,000 - $3,800,000
    SOLD $3,300,000

    Lot #47
    1999 Ferrari F355 Spider Serie Fiorano
    VIN: ZFFXR48A0X0116495
    Est: $100,000 - $125,000
    SOLD $198,000

    Lot #50
    1967 Ferrari 330 GTC
    Chassis: 10671
    Est: $900,000 - $1,100,000
    SOLD $935,000

    Lot #54
    1974 Ferrari 365 GT4 Berlinetta Boxer
    Chassis: 18001
    $425,000 - $475,000
    SOLD $401,500

    Lot #57
    1979 Ferrari 308 GTB
    Chassis: 25737
    Est: $65,000 - $85,000
    SOLD $74,800

    Lot #62
    1991 Ferrari F40
    VIN: ZFFMN34A8M0088374
    Est: $1,600,000 - $1,800,000
    SOLD $1,622,500

    Lot #67
    1990 Ferrari 348 TB
    VIN: ZFFFA35AXK0082673
    Est: $75,000 - $95,000
    SOLD $71,500

    Lot #72
    1973 Ferrari Dino 246 GT
    Chassis: 04984
    Est: $380,000 - $440,000
    NOT SOLD

    Lot #74
    2011 Ferrari 599 SA Aperta
    VIN: ZFF72RHA7B0182522
    Est: $900,000 - $1,100,000
    SOLD $1,155,000

    Lot #82
    1972 Ferrari Dino 246 GTS
    Chassis: 03652
    Est: $350,000 - $425,000
    SOLD $357,500
     
  24. El Wayne

    El Wayne Global Moderator
    Global Moderator Owner

    Aug 1, 2002
    17,960
    San Marino, CA
    Full Name:
    L. Wayne Ausbrooks
    There wasn't one in this sale. I'm guessing you mean this one at the RM sale?
     
  25. barchetta

    barchetta Formula Junior

    Nov 5, 2003
    631
    Congrats Fred,

    You purchased an amazing and incredibly well preserved and documented GTC. I inspected the car when the second to last owner (from CT) purchased the car (a dear friend of mine) and I have never seen a better original GTC. I was expecting this car to hammer near or at 7 figures. Very well bought.
     

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