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Help! Need old ferrari selling prices from the past!

Discussion in 'Vintage Ferrari Market' started by bannishg, Oct 6, 2008.

  1. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    #77 bannishg, Nov 14, 2008
    Last edited by a moderator: Sep 7, 2017
  2. Ed Niles

    Ed Niles Formula 3
    Honorary

    Sep 7, 2004
    2,448
    West Hills, CA
    Full Name:
    Edwin K. Niles
    A trip down memory lane for me---I used to know half the sellers. Well, maybe not half. Why didn't someone tell me what would happen with prices?
     
  3. F1tommy

    F1tommy F1 Veteran
    Silver Subscribed

    Dec 15, 2007
    7,703
    Chicago USA
    Full Name:
    Tom Tanner
    Well Ed, you liked the old Ferrari's when most people thought of them
    as junk. You didn't follow the crowd and have very good taste! I have to dig
    up the old 1971 Autoweek's my brother gave me. Some poor guy in Cicero, Illinois (near Chicago)was cleaning out his garage. He sold his 3 250SWB's, one of which was an alloy body competition. The cheapest one was priced at $1500.00.

    TT
     
  4. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    A 250 Tdf was offered in an autoweek for May 1975 in good condition for $9800. Not as cheap as earlier '70s but cheap for '75. The ad had a nice photo. I'll post if I can find it.
     
  5. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    I also have another 1961 Road&Track somewhere with Harry Woodnorth (I believe) Listing brand new '61 250GTE's starting at $9700. Imagine that? A new Ferrari for under 10k? He also had a new '61 Rolls Cloud at $15k, New Porsche 356's and Corvettes at $3.8k. Kind of makes a used $7500 Testarossa seem like a lot. Ha
     
  6. tongascrew

    tongascrew F1 Rookie

    Jan 3, 2006
    2,989
    tewksbury
    Full Name:
    george burgess
    Hi this car is not the #4 Le Mans winner. It is #0398TF which spent a long time in Argentina , was sold to Agustin Samonte in 1963 and then sold to Ernesto Dillon {referred to in the ad] , date unknown, who did a restoration and then sold it to the U S A aparently in 1978 or later. just one man's opinion tongascrew
     
  7. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    Hey does anybody know the serial no. of the following car?:

    In Feb. 1980, FAF was offering a Blue/Red SWB Berlinetta. It was described as "fully restored" and the asking price was $49,000. Based on that, does this car sound familiar to anyone?
     
  8. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    The original posting I created on this topic appears to have been unscrupulously deleted. Therefore, I am going to start it up again! Got some good ones I'll post later today.

    Greg
     
  9. El Wayne

    El Wayne Global Moderator
    Global Moderator Owner

    Aug 1, 2002
    17,966
    San Marino, CA
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    L. Wayne Ausbrooks
    I don't know why you think it was "unscrupulously" deleted. It's here: http://www.ferrarichat.com/forum/showthread.php?t=216816
     
  10. Pete Wall

    Pete Wall Formula Junior

    Apr 1, 2005
    358
    Perth, Australia
    Thanks Greg for taking the time to post the info. It is absorbing reading &, for me, super interesting too. Regards, Pete
     
  11. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    oops, my mistake! Hee-hee. I think that the list of topics was only displaying only threads that have been active within the past month, and since I haven't updated mine for about six weeks, it wasn't there. I guess that it's absence in the list of topics doesn't necessarilly mean that it was deleted.
    But anyway, I'm sorry abouth this erroneous posting, and perhaps it should be deleted.

    Greg
     
  12. jtdoyleiv

    jtdoyleiv Rookie

    Nov 1, 2006
    49
    Full Name:
    Jamie Doyle
    The top seller of this year's Arizona Auctions - the Ferrari 250 GT SWB California Spyder that Gooding sold for $4,950,000 - was featured last October in SCD's Classified Ads from the Past series. And as you can see, the ad itself was submitted by no other than Greg B.

    Here is the story:

    http://www.sportscardigest.com/archives/1892
     
  13. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    #89 bannishg, Jan 26, 2009
    Last edited by a moderator: Sep 7, 2017
  14. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    #91 bannishg, Jan 26, 2009
    Last edited by a moderator: Sep 7, 2017
  15. vroomgt

    vroomgt Formula 3

    Aug 23, 2004
    2,115
    Brisbane Australia
    Full Name:
    John ARBA
    I have for years been looking for an old Ferrari ADVERTISEMENT that was featured in some Italian Magazines in the seventies.

    The Ad read "E una Ferrari!"

    The picture was of a Boxer dash with a speedo at 280K and the revs at 7000 I would dearly like to see this ad again!

    I know this is out of the intent of what we are discussing but just hope to rattle a memory somewhere!
     
  16. El Wayne

    El Wayne Global Moderator
    Global Moderator Owner

    Aug 1, 2002
    17,966
    San Marino, CA
    Full Name:
    L. Wayne Ausbrooks
    Why not just merge it right into the original thread? :)
     
  17. robbio99

    robbio99 Formula Junior

    Aug 16, 2006
    390
    Vancouver, Canada
    Full Name:
    Rob
    Any thoughts on the contenders, if any, for this kind of retrospective in twenty years from now for the eighties and newer Ferrari's. Mass production adjusted and all.
     
  18. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    #95 bannishg, Jan 28, 2009
    Last edited by a moderator: Sep 7, 2017
    I don't know, I don't feel like most of the contemporary Ferraris will age well, for pretty much the obvious reasons most enthusiasts will probably use. The only ones likely, in my opinion, to become collectibles, are: Boxers, 288GTO, F40, 512M, F50, Enzo. Or frankly put, the supercars only. In fact, they are already collectible! As far as the mass-produced models, I have no idea. They never displayed any drastic market fluctuation in any direction except maybe in the 89-90 craze.

    Oh, by the way, some more ads:
    Image Unavailable, Please Login
    Image Unavailable, Please Login
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    Image Unavailable, Please Login
     
  19. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    Do you get access to the issues with an online subscription to the FML? If so, I'd certainly enlist!
     
  20. 4re308

    4re308 F1 Rookie

    Jun 13, 2001
    4,701
    Woodstock, GA
    Full Name:
    Mitch D
    What a great thread. I remember reading through similar ads when I was a kid back in the 70s thinking a $12k Ferrari was so expensive. My old man had a Lusso when he lived in Italy. Bought it for $3500, drove it for a couple a years and sold it for $7500.
     
  21. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    but how about some bargains from the 90s?
    Following the crash of prices in the early 90s, the heavyweights were the hardest hit. Tdf, California and SWB went from multi-million dollar cars to the mid-hundred thousands, bottoming out around 1994.

    The midrange and lower-range cars like the Lussos, PF Cabrio II's, 275's, 330's etc.... Reached their lowest point around 1997-98.

    Anybody grab any of these cars during that era? Here are some examples, the lowest prices I know of where none were basket cases, but then again, surely none were concours:

    SWB California: $495,000 (1994)
    LWB California: $375,000 (1993)
    375MM PF Spyder: $800,000 (1994)
    275GTS: $83,000 (1998)
    275GTB/4: $187,500 (1997)
    250Tdf: $350,000 (1994)
    250GT PF Cab I: $275,000 (1994)
    330GTS: $120,000 (1993)
    400SA Aero: $125,000 (1997)
    500SF: $122,000 (1993)
    Daytona Coupe: $70,000 (2000)
    Daytona Spyder: $259,000 (2000)
    275GTB/2: $115,000 (1999)
    212 Inter PF: $89,500 (1994)
    375 America PF: $150,000 (1998)
    Lusso: $65,000 (2001)
    330GTC: $45,000 (1999)
    365GTC: $57,000 (1998)
    250GTO: $2,700,000 (1994)
    500 Mondial Spyder: $345,000 (1993)
     
  22. Teenferrarifan

    Teenferrarifan F1 Rookie

    Feb 21, 2003
    3,009
    Media, PA
    Full Name:
    Erik
    Wow! Sometimes we forget just how much prices have jumped! If you bought half a dozen years or longer ago, you have made yourself one heck of a return. Regardless of how much it dropped in the last 12 months.
    Erik
     
  23. bannishg

    bannishg Formula Junior

    Oct 6, 2008
    480
    Springfield area, MA
    Full Name:
    Greg
    Yeah, but keep in mind that those were the lowest known prices for the era. The market then was low, but significantly higher than the prices listed, for example, the 275GTS that sold in 1998 for around 83000USD (or 150000DM), number 7701, was well below market. The market for nice ones at the time was at least $135,000. You could've picked one up in need in cosmetics for about 95-110k on average, and I think that those were an exceptional buy.
     

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