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Monterey auction week thread

Discussion in 'Vintage Ferrari Market' started by Timmmmmmmmmmy, Jun 30, 2019.

  1. 375+

    375+ F1 Veteran
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  2. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3
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    Timothy Russell
    That 212 is beautiful.

    Initial impressions of Bonhams this morning was that it was rather poor, $450k for the 330GTC, $389k for a classic 911 Carrera RS 2.7 and $2.4 mil for the Blower, all great buying for someone.
    The sky is definitely not falling at RM though with $1.8 million for the Aston DB5 Shooting Brake and almost $6.5 million for the Bond DB5. Both very strong amounts.
     
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  3. pilotoCS

    pilotoCS Formula 3
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  4. italiancars

    italiancars Formula 3

    Apr 18, 2004
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    GTC/4 did 196k including premium, ghibli ss 159k. Definitely down, my old Islero is running at Bonhams tomorrow. Be interested to see what it does, glad I’m not there i’d Be tempted to buy it back if it is soft too.
     
  5. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3
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    Perhaps I spoke too soon, $7.5 million for the DB3S and $2.5 million for the DB4GT were all the money and with commissions would have nudged the low estimates ($8.75 and $3 mil) but weren't hammered sold. Gooding are offering a second DB4GT at an even steeper estimate. I have no idea why you wouldn't accept what is a market correct bid for a car unless you don't really want to sell it. I don't believe it will fetch more any time soon.
     
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  6. BigTex

    BigTex Seven Time F1 World Champ
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    Do you see the Alfa 8C that Jim G. has brought to sell??
     
  7. 375+

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    I will try to photograph the 8C tomorrow.
     
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  8. llink

    llink Karting

    Nov 18, 2013
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    How did the Daytona’s do at RM and Goodings?
     
  9. Marcel Massini

    Marcel Massini F1 World Champ
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    Mar 2, 2005
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    They will be offered Friday/Saturday. Right now it is still Thursday in Monterey/CA.

    Marcel Massini
     
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  10. italiancars

    italiancars Formula 3

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    While it’s obvious that certain auction companies will bring a higher price than another auction company and cars vary by condition. Is this a justifiable difference?

    Bonhams
    Aston Martin DB AR1 Zagato 1,075 miles sold $218,400 including premium

    RM
    Aston Martin DB AR1 Zagato under 100 miles sold $296,500 including premium?
     
  11. Prancing 12

    Prancing 12 Formula 3

    May 11, 2004
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    At first glance, it would seem the difference in mileage is negligible. However, in relative marketplace of the AR1 Zagatos, the Bonhams car is a "driver" and the RM car still has "delivery mileage".

    I'd say the difference in value, in the scheme of AR1s, is within reason, accounting for miles, condition and perhaps color preference for the individual buyers.
     
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  12. BJK

    BJK Formula Junior

    Jul 18, 2014
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    40,000 miles on that car!!! Someone should be able to pick this up for a pretty low/reasonable price. While that mileage is very high, Jim takes very good care of all his cars.
     
  13. italiancars

    italiancars Formula 3

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    37% premium for delivery mileage, that the only way it remains that way is that you can’t actually drive it.
     
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  14. Prancing 12

    Prancing 12 Formula 3

    May 11, 2004
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    Exactly... As they say "it's only original (new) once". You have to bear in mind that mileage is relative to the overall pool of cars. When it comes to AR1s, over 1,000 miles is not "low mileage", relatively speaking, as a large number of the cars have been kept in essentially new condition.

    The same applies to other modern cars... For example, a 1,000 mile LaFerrari coupe, even though it's 5 years old now, would be considered - at best - average miles, or even a "driver" due to the fact that there are so many cars with only 100 or 200 miles, so that skews the average.

    Off the top of my head, I can think of a number of cars where delivery miles vs. just normal "low miles" carries an even higher premium than ~35%...
     
  15. BigTex

    BigTex Seven Time F1 World Champ
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    He left it at the train station buried in snow, as he went downtown!!
    I've seen photos!! :D :D :D
    That said, special color, special car.
    I always liked it!!

    I was SO hoping to attend this year, things moved too slow....and I was coming on Amtrack!!
     
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  16. BigTex

    BigTex Seven Time F1 World Champ
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    Sitting in the bank today, and the Financial Channel goes to Pebble and Market Discussion!!

    I fade SO much *&^%^% from the family over my car.
    All but the last one are gone and it's STILL the only topic of conversation!

    Well, except for the Hooters waitress, wearing my ring...:D :D
     
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  17. 375+

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  18. 375+

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    The ex-Lauda 312T sold for $5.45 million hammer.
     
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  19. BJK

    BJK Formula Junior

    Jul 18, 2014
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    Gooding & Co. est. was $6-$8 mil. Sold for $6 mil 'all in' - right at low est. for a very special car.
    Low? About right?
    https://drive-my.com/en/news/1915-market-watch-ex-lauda-ferrari-312t-the-car-that-helped-niki-lauda-to-his-first-formula-1-drivers-title-comes-to-market.html

    nice picture gallery (incl flat-12 engine)
    https://www.roadandtrack.com/motorsports/a28470476/niki-lauda-1975-ferrari-312t-f1-car-for-sale/
     
  20. 375+

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  21. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

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    How are the Fcars holding up compared to their estimates? RM just sold a McLaren F1 with LM engine for $18 million. Estimate was $21-23.
     
  22. 375+

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    Market has softened across all marques.
     
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  23. Marcel Massini

    Marcel Massini F1 World Champ
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    Mar 2, 2005
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    Softened? How diplomatic.
    The market correction continues!!
    Daytona at RMS hammered $ 520 K.
    250 LWB Cal Spy at Gooding hammered at $ 9 M (estimate was 11 to 13 M).

    Marcel Massini
     
    BJK, Jack-the-lad, Daytonafan and 2 others like this.

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