Monterey auction week thread | Page 7 | FerrariChat

Monterey auction week thread

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

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  1. Skippr1999

    Skippr1999 F1 Rookie
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    Dec 22, 2009
    4,205
    It seems cars with either delivery miles, or extremely low miles are still selling. The rest, not.
     
  2. Juan-Manuel Fantango

    Juan-Manuel Fantango F1 World Champ
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    Jan 18, 2004
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    Juan
    Just heard my friends dry sum 308 sold for 67,200 all in at Bonhams. I wish I had followed that. Well at least I still have a friend. I know he was hoping for over 100k.
     
  3. Juan-Manuel Fantango

    Juan-Manuel Fantango F1 World Champ
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    Juan
  4. Jack-the-lad

    Jack-the-lad Six Time F1 World Champ
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    Jun 22, 2004
    68,855
    Moot Pointe
    70....,17......whatever:rolleyes:
     
  5. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    14,244
    Having listened a few times now, that guy is really bad at pronunciation. Only when he emphasized seven-teen did I understand him. He needs to go...like the Oscars let that PwC accounting guy go that messed up best picture.
     
    Timmmmmmmmmmy likes this.
  6. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Any updates on Testarossa ? What did they do? Market has been dead.


    Sent from my iPhone using Tapatalk
     
  7. Casino Square

    Casino Square Formula 3
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    Apr 21, 2004
    1,718
    Hong Kong / USA
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    Andrew
    ....were they auctioning cattle...? :)
     
    Ferrari 308 GTB likes this.
  8. TheMayor

    TheMayor Nine Time F1 World Champ
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    Feb 11, 2008
    98,396
    Vegas baby
    Ugly little thing.
     
  9. italiancars

    italiancars F1 Rookie

    Apr 18, 2004
    3,338
    Hershey, PA
    Go to Manheim auctions on a Friday, 28 + lanes going at the same time all with Auctioneer Chant.
     
  10. llink

    llink Karting

    Nov 18, 2013
    161
    Northern California
    Any idea how lot 337 from the RM Sotheby auction did? Was it sold? If not, what was it bid to?

    1962 Ferrari 250 GT SWB Berlinetta by Scaglietti
    $8,000,000 - $10,000,000
    Offered without reserve
    RM | Sotheby's - MONTEREY 15 - 17 AUGUST 2019 - Offered on Saturday
    Chassis No. 3359 GT
     
  11. gcalex

    gcalex Formula Junior
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    Aug 16, 2010
    547
    Mostly New Hampshire USA
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    Alex
    $7.4M hammer; $8.145M all in; right at the low estimate; no reserve, so yes, it sold
     
    Timmmmmmmmmmy likes this.
  12. gcalex

    gcalex Formula Junior
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    Aug 16, 2010
    547
    Mostly New Hampshire USA
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    Alex
    I just noticed that Mecum's Daytona hammered at $650k, for a $715k all-in total.

    That is not bad in light of the $700k hammer, and $775k all-in sale at the RM Petersen auction over a year ago...

    So maybe the Daytonas that did not meet expectations were a combination of wishful thinking that the market might be on the upswing (comparison above would seem to indicate that market is at best flat to slightly down), and perhaps the cars not actually being as nice as the descriptions indicated (Mecum car seems to indicate that good money is out there for the right car).
     
  13. wbaeumer

    wbaeumer F1 Veteran
    Consultant

    Mar 4, 2005
    8,826
    Can`t stop laughin`......:D
     
  14. 330 4HL

    330 4HL Formula 3

    May 12, 2005
    1,537
    Vancouver
    Full Name:
    Rick Bradner
    Not just the seller of this car; although he has a very good case that his listing fee should be returned for making such a hash of the auction.
    If I had a car that didn't meet reserve and was scheduled to run after this debacle I'd be looking for compensation as well, as the steam (and many bidders) went out of the room.
    I wonder what the sell rate was before and after this mess. Timmmmmmmmmmy??
     
  15. 375+

    375+ F1 World Champ
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    Dec 28, 2005
    11,819
    Dream on.
     
  16. 375+

    375+ F1 World Champ
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    Dec 28, 2005
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    IMO there were no bidders.
     
  17. Jack-the-lad

    Jack-the-lad Six Time F1 World Champ
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    Jun 22, 2004
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    I've come to the same conclusion.

    Has any no-sale ever had as much pre-auction hype as this one?
     
    375+ likes this.
  18. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

    Feb 21, 2015
    7,697
    Tropical
    This Marten guy is top dog in RM,speaks 7 languages or something.problem is his pronunciation.LOL

    Talk about money for old rope!
     
    375+ likes this.
  19. Jack-the-lad

    Jack-the-lad Six Time F1 World Champ
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    Jun 22, 2004
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    Max Girardo was far superior in my opinion. He spoke four or five languages and had great rapport with the bidders. He stroked them, flattered them, fake-shamed them when they were outbid......In short, he squeezed them and they coughed up the money because he made them want to do it. Masterful.
     
    of2worlds, tritone, Pmo75 and 5 others like this.
  20. llink

    llink Karting

    Nov 18, 2013
    161
    Northern California
    Thanks, a market correct price. In my opinion $8m is a fair deal for the 250 SWB. This car was perfect to my eye!
     
    roma1280 likes this.
  21. T308

    T308 Formula 3

    May 12, 2004
    1,008
    Southern Cal
    It was a mixed bag. 11 sales and 3 NS. A couple of the no reserve cars were light (a 2016 911R sold for $280k, a 1966 911 for $137k ). Then a 1967 911S Rallye sold for $825k more than double the estimate and a 1974 914 sold for $60k!. If the Type 64 had sold it's unlikely they'd have had a better result. Everyone was bound to be in a haze regardless.
     
  22. 375+

    375+ F1 World Champ
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    Dec 28, 2005
    11,819
    I sat through every lot on Saturday evening and had no problem understanding Mr. ten Holder—no mispronunciations until the “Porsche” 64 rolled onto the block. Draw your own conclusions.
     
  23. Daytonafan

    Daytonafan F1 Rookie

    Oct 18, 2003
    2,748
    Surrey, England
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    Matthew
    Pretty sure Ten Holder is not the out and out car guy that Max is and it shows in his delivery. I also suspect that Max's rapport was in part because he knew a lot of the bidders personally when Ten Holder doesn't.
     
    Timmmmmmmmmmy likes this.
  24. Juan-Manuel Fantango

    Juan-Manuel Fantango F1 World Champ
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    Jan 18, 2004
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    Juan
    I would assume he may be more of an all around car guy. Looks to be loving life. I took pleasure in telling him at the Maddison Micorcar auction that he was the devil incarnate. Like the snake in the Garden of Eden he was that good. Very persuasive in a relaxed sort of way and highly entertaining. I enjoy watching the Gooding auctions now.

     
    Timmmmmmmmmmy likes this.
  25. gcalex

    gcalex Formula Junior
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    Aug 16, 2010
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    Alex
    So are you saying that you saw the no-sale Daytonas, and thought they were actually really nice, and hence, the market really is down from a year ago?

    Or are you saying that the estimates were just pipe dreams?

    All I was saying was that the money for the Mecum car seemed surprisingly good (even shockingly so), which made me suspect that the no-sales were basically not that nice.

    Or are you perhaps suspecting that there is something fishy about the Mecum sale?

    To me, Daytonas have been down for a good while now, and mid-500s (all in) has been about the best that driver-quality cars can expect for the last year; and I think that number could well drift down to high-400s before there is any recovery. I'm no "dreamer"... ;)
     
    of2worlds, Mrpbody44, sperry and 2 others like this.

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