Merged: 250 GTO sold for $20 million +

with all due respect: there are only 2 ,4 lit GTO's 3765LM and 4561SA........3673SA is not a GTO it is a 400super america which now carries a GTO body. This discussion keeps going on and on...
the so called 3rd 4 liter GTO (3673), was delivered from the factory with a street spec 400SA chassis ,engine ,trans, diff etc and a SWB body. Never was raced and was never a GTO. The books are all wrong. This is now very well documented.

thanks

 

Van Gogh actually painted the famous Sunflower 3 times. The original, one for his very good friend Gaugin and a third copy. I have seen all three together at the Van Gogh museum in Amsterdam.

Noel

 

3527 GT then?

 

Been lurking for years, but this topic seems to have me inspired!

Growing up, we used to always pay a summer visit to a dear family friend's vintage restoration shop (a gent who many of you know and whose hands have seen the engines in your "red cars"). Upon walking in to the shed out on the farm he lived on, we would find it filled with racing history. SWB's, TDF's, all the major race-winners, you name them. Back then, we could barely fathom that some of those cars -- amazing and recognized as they were -- comfortably exceeded $100,000 in value.

But as with all respected art, these "branded kinetic sculptures" (what a Ferrari really is in art terms) went through periods of under-appreciation, discovery and re-appreciation. "Just an old race car" is the auto equivalent of "my kid could paint better!" Until people realized that those paintings broke new ground, expressed a new idea or set a new cultural norm that others followed, they sold for pocket change. It's that *context*, collectively recognized, that gives high-end art its obscene financial value.

Which leads me to believe that $28,500,000 for a GTO is ridiculous...In the same way Picasso's "Guernica" is ridiculous: It might be more palatable in time.

 

Since we live in a world in which a painting can sell voor $100 million and over, I still believe 250 GTO's are insanely cheap.

 

Don't forget about all those self portraits he painted. ;o)
There's gotta be more than 30 of 'em.
Let's see... $2 for a piece of canvass... $10 worth of paint and
a days worth of work... Priceless. ;o)
Compared to thousands of specifically designed parts that came
together to form a living breathing beautiful car? I do like Van Gogh,
but I think I know which one I'd choose between.

 

Here are my shots from Pebble 05. I got a few with Moss driving it.

The way they were unloading it from the 50 year old trailer pointing towards the Pacific, I was pretty sure they were going to drop #722 straight into the ocean.


I just discovered this thread. It's amazing what the GTO sold for. I hope the new owner will enjoy driving it.
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250 GTO rumored to sell at $28.5 Million


http://www.autoblog.com/2008/09/17/f...-28-5-million/

 

This has already been discussed. Go to this thread:
http://www.ferrarichat.com/forum/showthread.php?t=203096

 

You mean this old guy?

-Tad (the younger guy)
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Great pic!

 

THATS CLOSE TO 28 MILLION US. It is now the most expensive price paid for a car eclipsing that of the Bugatti Royal and others of the same caliber. The owner is using "discretion" and wishes to remain Anonymous. Any thoughts?

 

This is a circular story that already has had several threads over the past few months which in turn have been picked up elsewhere in the internet and then return distorted presented as fact

The only accurate facts are that a car known as the 250 GTO exists and that one has been sold with the past year or so

 

I heard that two examples of the 250 GTO have exchanged hands recently. I have not seen any factual data of the selling prices.

 

The German version of the English version of the story today had it selling at auction too

 

is the consensus then that 5095 resold (at circa $22M) and the $28.5M 'sale' (of, presumably, another c/n) remains an unconfirmed rumor?

 

5905 traded at $28.5M US. I do not have any details on another trading at $22M. Two others examples have had sales considerations proposed by their owners in the past six months and neither car yet to be sold. There remains a fixed offer for any GTO except for these two and no owner has agreed to consider a sale at the offered price.

Regards,

Bill

 

AGAIN and AGAIN and AGAIN:
5095 GT sold in June 2008, from the UK to the UK and it was NOT (I repeat: NOT) US$ 28.5 M. It was MUCH less. Everything else is complete nonsense.
Marcel Massini

 

Bill
Sorry to disagree. It was NOT US$ 28.5 M. And the S/N is 5095 GT and not 5905 GT (that would be a 250 LM).
Ciao
Marcel Massini

 

Correct as usual.

Best

 

Bill, Marcel, and Jim,
Thank you for your responses. It would seem that barchetta's announcement of a sale ("3 transactions= 50+ Millions") is referring to the second sale of 5095 then. First being from Germany(South Korea) to Scotland in 2007 for circa $22M. Second being within the UK in 2008.

 

WRONG again.
From South Korea to UK was US$ 17 M in 2007. NOT circa US$ 22 M......!!
Marcel Massini