Considering Gooding estimates cars up to a point, the California is the highest at $13 - 15 mill. RM has done the same with the 275 GTB #06701. One can safely say they either have no idea (which I doubt) and want to leave it open OR they think it will go for $15 mill or more, probably much more. Not giving an estimate and asking clients to refer to an agent of the auction house allows the auction house to attain the clients details at point of contact and market the bejessus out of the thing. I reckon - 410 Sport $15 million - 20 million USD min. 275 GTB/C $20 million + (they are flogging the GTO angle after all) 365P Tre Posti $25 million + And I wouldnt be surprised if they went much higher..........
The term alloy can be applied to steel or any number of worked metals. Pure aluminum is generally too soft for car bodies so other elements are mixed in for strength and hardness.
The total value of the 105 Ferraris is estimated at $197 - $239 million USD plus commission, $217 - $264 incl. commission.......... Not sure what that is in EURO's and it doesnt include the following, that the auction houses have thoughtfully kept their valuations private; I will take a stab in the dark and suggest some values 412S (maybe $20 million?) 250 SWB @ Gooding ($12 million) 250 Lusso #5249 @ Gooding ($2 million) 365P Tre Posti @ Gooding ($20 million) 375MM @ Mecum ($8 million) 250GT Cabriolet S2 #2441 @ Mecum ($2 million) 275GTB Comp @ Rick Cole ($10 million) 275 GTB/C #6701 @ RM ($20 million) And a few others that might add a couple of million So maybe another $100 million or so I get $320 - 360 million USD worth of F-cars at Monetery incl commission, could be out by 20% or more........ But whatever the value F..k thats a lot of money.
I don't know if "better" was the right choice of words, but basically I mean a brand name auction house. Are you saying that Mecum is not on the same level as the others or is it not uncommon for any of them to sell recreations?
1956 Ferrari 250GT Europa #0427GT $2.5 - 3 mil. Gooding #26 (Last Europa) 1959 Ferrari 250GT Cabriolet Series I #1475 $4.5 - $6 mil. Gooding #133 (ex Hillary Raab) 1961 Ferrari 250GT SWB California Spider #2903 $13 - $15 mil. Gooding #18 1962 Ferrari 250GT Cabriolet Series II #1817 $1.8 - $2.2 mil. Gooding #62 1962 Ferrari 250GT SWB Berlinetta #3113GT Not given Gooding #120 1964 Ferrari 250GT Lusso #5249GT Not given Gooding #60 (All original) 1964 Ferrari 250GT Lusso #5791 $1.75 - $2.5 mil. Gooding #141 1964 Ferrari 330GT 2 + 2 #6089 $220,000.00 - $260,000.00 Gooding #146 1965 Ferrari 275 GTB #7993 $3.75 - $4.25 mil. Gooding #113 (Custom bodywork) 1965 Ferrari 275 GTS #07205 $1.75 - $2 mil. Gooding #136 1966 Ferrari 330GT 2 + 2 Speciale #7979 $400,000.00 - $600,000.00 Gooding #51 (1 off Drogo) 1966 Ferrari 365P Berlinetta Speciale Tre Ponti #8971 Not given Gooding #123 (1 of 2) 1967 Ferrari 330GTC #9659 $650,000.00 - $750,000.00 Gooding #48 1968 Ferrari 330GTC #11113 $600,000.00 - $700,000.00 Gooding #109 1968 Ferrari DINO 206 GT #00126 $600,000.00 - $700,000.00 Gooding #107 1969 Ferrari 365GTB/4 Daytona Competizione #12467 $5.5 - $7 mil. Gooding #127 1969 Ferrari 365GTC #12541 $700,000.00 - $850,000.00 Gooding #29 1971 Ferrari 365 GTB/4 Daytona #14229 $675,000.00 - $750,000.00 Gooding #33 1972 Ferrari 365 GTC/4 #15653 $275,000.00 $350,000.00 Gooding #45 1974 Ferrari Dino 246 GTS #07976 $425,000.00 - $500,000.00 Gooding #10 1990 Ferrari F40 #85596 $1.2 - $1.4 mil. Gooding #24 2001 Ferrari 333SP #041 $1.75 - $2.25 mil. Gooding #58 (Never used) Gooding have the usualselection of truly epic cars, hard not to use to much hyperboly or cliches. The 22 Ferraris are led by the amazing 365 P Tre Posti and whether you like it or not you gotta admit its one hell of a car. Would be a worthy addition to any car collection. Other stellar entries are the 365 Daytona Comp. which finished very well at Le Mans in '71, the street 250 SWB and the California. I personally like the style of the white 275 GTB/4 #7993 although some will be put off by the custom touches and it sure aint cheap. Other million dollar entries are; 1938 Alfa Romeo 6C2300B MM Berlinetta #815092 $2 - $3 mil. Gooding #145 (1 of 10 '39 Rome-Liege-Rome Rally entrant) 1939 Alfa Romeo Tipo 256 Cabriolet Sportivo #915026 $5 - $7 mil. Gooding #144 (ex Alfa Corse Racer) 1965 Alfa Romeo TZ #099 $1.25 - $1.5 mil. Gooding #20 1955 Aston Martin DB3S #DB3S/111 $5 - $7 mil. Gooding #32 1964 Aston Martin DB5 #1469/L $1.2 - $1.5 mil. Gooding #130 1938 BMW 328 #85215 $1.2 - $1.4 mil. Gooding #34 1958 BMW 507 Series II #70157 $2.3 - $2.8 mil. Gooding #38 (Hard Top & Discs) 1967 Brabham Repco BT24 #BT24-1 $1.2 - $1.5 mil. Gooding #148 (World Champion '67) 1927 Bugatti Type 35 #4863 $2.8 - $3. 5 mil. Gooding #131 (ex Helle - Nice) 1929 Duesenberg Model J Murphy Convertible Sedan #2194/J173 $1.35 - $1.75 mil. Gooding #129 1967 Ford GT40 #1058 $3.5 - $4 mil. Gooding #139 (Road car) 1955 Lancia Aurelia B24S Spider America #1009 $1.5 - $1.8 mil. Gooding #110 1956 Maserati 250F #2525 $4 - $6 mil. Gooding #115 ('56 Italian GP winner) 1995 McLaren F1 #031 $12 - $14 mil. Gooding #44 1954 Mercedes-Benz 300SL Gullwing #540003 $3.5 - $4.5 mil. Gooding #50 (3rd built) 1956 Mercedes-Benz 300SL Gullwing #500646 $1.4 - $1.8 mil. Gooding #125 1957 Mercedes-Benz 300SL Roadster #5700239 $1.4 - $1.7 mil. Gooding #13 1963 Mercedes-Benz 300SL Roadster #3170 $1.3 - $1.5 mil. Gooding #147 1962 Shelby Cobra 260 #CSX2005 $2 - $2.4 mil. Gooding #117 1967 Toyota 2000GT #10088 $1 - $1.3 mil. Gooding #36 1948 Tucker 48 #1003 $1.3 - $1.7 mil. Gooding #49 And indeed Gooding have no less than 34 entries with a minimum estimate of $1 mil.... And looking through that list its just star car after star car, the Shelby Cobra (lot 117) is worth a look as is the Ford GT40 (lot 139) the Brabham (lot 148), the Aston Martin DB3S (lot 32) and the BMW 507 (lot 38). My favourites are the Maserati 250F (lot 115), the McLaren which looks great in white and black (lot 44) and even if $12 million sounds steep is it not simply more proof that this is the next Testa Rossa/ GTO?, the tunning Type 35 (lot 131) and lastly the two Alfa's (lot 144 & 145). All of these cars are pretty much the best of the best. The cars below $1 million are thin on the ground but perhaps the Alfa 1900C (lot 59), the two early 911's (lot 57 & 64) and the early Countach (lot 11) could be ones to watch. Certainly early Countach have gone gaga recently at Bonhams and this is the 6th Countach built. My favourites at under a million though are the 1932 Lancia with its beautiful Viotti body (lot 23) and a future classic, the Mazda Cosmo (lot 39). And compared to other cars at Goodings both are reasonably cheap!!!! But there is a fly in the excitement ointment, earlier this year Gooding & Co announced to much fanfair they were selling the barn find ex Steve McQueen Porsche 917-024. But now some 6 - 8 weeks down the track what has happened to it ? If anyone knows please fill us all in, because they did spend a fair bit marketing this lot, and now nothing...... Unless they are keeping it for a future auction, which would be odd. Maybe they received a private offer the vendor simply couldnt refuse and it didnt make it, who knows. With or without 917-024 this shapes up as another Gooding auction to watch avidly with several cars likely to sell for massive money, I predict that in this market Goodings marketing and the superb quartet of California, SWB, McLaren F1 and 365P, Gooding & Co. will likely set auction records. Although when the dust has cleared perhaps Dave Gooding will be looking at Bonhams selling a GTO and be pondering why not me?
1953 Ferrari 250 Europa #0305EU $1.9 - $2.4 mil. RM #225 (1 of 21 built) 1963 Ferrari 250GT Lusso #5179 $1.9 - $2.5 mil. RM #216 (1 owner for 46 years) 1963 Ferrari 250GTE 2 + 2 #4303 $350,000.00 - $425,000.00 RM #110 1963 Ferrari 400SA LWB Coupe Aerodynamico Series II #4113 $2.5 - $3 mil. RM #218 1964 Ferrari 250GT Lusso #5233 $1.4 - $1.8 mil. RM #118 (1 owner/ barn find) 1964 Ferrari 250LM #6045LM $8.5 - $12.5 mil. RM #150 1965 Ferrari 250GT NART Spider #2235 $1.2 - $1.6 mil. RM #249 (Fantuzzi body/ 1 off) 1965 Ferrari 275 GTB/C Speciale #06701 Not given RM #239 (1 of 3) 1965 Ferrari 275GTB/4 #8069 $2.6 - $3.2 mil. RM #237 (1 owner 40 years) 1966 Ferrari 275GTS #7805 $1.75 - $2.5 mil. RM #227 (Original) 1966 Ferrari 330GT 2+ 2 #8947 $275,000.00 - $375,000.00 RM #151 1967 Ferrari 275GTB/4 #10063 $3.75 - $4.5 mil. RM #231 1967 Ferrari 275GTB/4 #10621 $8 - $12 mil. RM #220 (ex Steve McQueen) 1967 Ferrari 330GTC #10267 $750,000.00 -$850,000.00 RM #234 1968 Ferrari 330GTC #10937 $650,000.00 - $750,000.00 RM #116 1969 Ferrari 365 GTB/4 Daytona #12691 $575,000.00 - $675,000.00 RM #213 1972 Ferrari 365 GT4 2 + 2 Prototipo #16293 $150,000.00 - $200,000.00 RM #262 1973 Ferrari 365 GTB/4 Daytona #16931 $650,000.00 - $850,000.00 RM #243 1973 Ferrari Dino 246 GTS #06158 $400,000.00 - $500,000.00 RM #141 1981 Ferrari 512BB #35409 $275,000.00 - $375,000.00 RM #109 (Only 715km) 1986 Ferrari 328GTS #63781 $80,000.00 - $120,000.00 RM #164 1989 Ferrari Testa Rossa #82581 $200,000.00 - $275,000.00 RM #112 (only 95 miles) 1993 Ferrari 512TR #96165 $150,000.00 - $200,000.00 RM #205 1997 Ferrari F310B #179 $750,000.00 - $950,000.00 RM #224 (ex Schumacher/ Irvine) 1998 Ferrari 333SP #019 Not given RM #229 (Sebring & Daytona '98 winner) 2000 Ferrari F1-2000 #198 $1.75 - $2.5 mil. RM #245 (ex Schumacher) 2001 Ferrari 550 Barchetta #124350 $175,000.00 - $215,000.00 RM #166 2003 Ferrari Enzo #132664 $1.9 - $2.5 mil. RM #211 2005 Ferrari 575 Superamerica #140436 $225,000.00 - $275,000.00 RM #167 2006 Ferrari FXX Evoluzione #146359 $1.7 - $2.1 mil. RM #251 RM has some 30 F-cars for sale this year ranging from the 1953 250 Europa through to the 2006 FXX Evoluzione. The overall calibre of offers at RM is less than last year, the fantastic 275 Speciale not withstanding, the usual number of amazing cars in the $5 - $10 million bracket just doesnt seem to be evident. The Speciale is certainly a beautiful car and seems to combine the best features of both the GTO and 275 GTB and yet the question has been asked, is it Speciale enough? (PUN intended). Other F-cars of note include the 250LM #6045 of which anyone interested should read the thread on this very car, enough said. The ex Steve McQueen 275 GTB #10621 is another interesting car with its provenance of being a Coupe, a convertible and now a coupe again, good stuff. But over and above that there is one or two interesting F-cars at comparatively reasonable prices, the 365 GT 2 + 2 prototipo (lot 262) and the ex Schumacher F310B (lot 224) dont seem overpriced.... Other million dollars entries are 1960 Aston Martin DB4GT #DB4/GT/0119/L $2.2 - $2.6 mil. RM #120 1965 Aston Martin DB5 #DB5/2270/L $1 - $1.4 mil. RM #212 1931 Bentley 8 Litre Barker Sports Cabriolet #YR5099 $3.75 - $4.75 mil. RM #233 (1 of 2) 1937 Bentley 4.25 Litre Carlton DHC #B55KU $1.4 - $1.6 mil. RM #131 (1 off) 2013 Bugatti Veyron Grand Sport Vitesse #795020 $1.9 - $2.5 mil. RM #133 "Le Ciel Californien" 1965 Ford GT40 Roadster #GT/108 $8 - $10 mil. RM #134 (1 of 6) 1969 Lamborghini Miura P400S #3982 $1 - $1.4 mil. RM #247 1971 Lamborghini Miura SV #4942 $1.8 - $2.4 mil. RM #230 1953 Lancia Aurelia PF200C Spider Pininfarina #B52-1052 $1 - $1.5 mil. RM #219 ('53 Geneva Show, unique) 1955 Lancia Aurelia B24S Spider America #1134 $1.1 - $1.4 mil. RM #121 1963 Lola Mark 6 #LGT-2 $1.5 - $2 mil. RM #139 (1 of 3) 1986 March 86C #86C-13 $1.75 - $2.5 mil. RM #124 ('86 Indy winner) 1959 Maserati 3500GT Spider Prototype #AM101.678 $1.1 - $1.5 mil. RM #138 1963 Maserati 5000GT Frua #AM103.064 $2.2 - $2.9 mil. RM #152 (ex Shah of Iran) 1936 Mercedes-Benz 540K Special Cabriolet #130913 $1.1 - $1.3 mil. RM #114 1955 Mercedes-Benz 300SL Gullwing #5500368 $1 - $1.4 mil. RM #111 (Original) 1957 Mercedes-Benz 300SL Roadster #7500666 $1.3 - $1.6 mil. RM #238 1961 Mercedes-Benz 300SL Roadster #2623 $1.3 - $1.6 mil. RM #228 1911 Mercer 35J Raceabout #354 $2.5 - $3.5 mil. RM #235 (ex Henry Austin Clark) 1966 Shelby Cobra 427 #CSX3359 $1.4 - $1.8 mil. RM #129 1948 Tucker 48 #1036 $1.4 - $1.6 mil. RM #140 A large proportion of these entries are the cars that used to be priced at about $1 million and are now very much $2 - $3 million but still there are some very special cars. My picks would be the Mercer 35J runabout (lot 235)that is perhaps the first ever supercar, certainly in 1911 it would have been. I also like the 5000GT Maser (lot 152), it isnt the best looking car I have ever seen but inbcredibly special, the 3500GT Spider prototype (lot 138) looks stunning and my absolute favourite, the GT40 Roadster (lot 134) which if compared to a similar Ferrari is cheap...... Further afield there are several future classics such as BMW M1 (lot 241), like new Lamborghini Countach (lot 108), original Lancia Stratos (232) and '72 Nissan Skyline (lot 201) that should all go well and in time may well turn out to be very smart investments. There are also some left-field full classics that might be of interest, namely the 1 of 2 Maserati 3500GT Frua Speciale Coupe not to mention the Mercedes 500K/ 540K and the Lamborghini Miura. A good mix of cars that should cater to every taste. If the Automobile auction scene is a competitive scene then Monterey is its epicentre with more trades both number wise and dollar wise than anywhere else. Since the demise of Christies car department back in '06 the Monterey scene has often looked like a two horse race with Gooding & co and RM trading first place, Gooding feeling to have the edge in marketing and the sheer luxrurious experience, RM the ability of global reach and just the right mix of American and European style along with sheer weight of cars offered (IMHO). In previous years Bonhams have often had great consignments but never in the numbers the other two have and Mecum usually has one stellar car like the 917/10 Porsche or Shelby Daytona Coupe and otherwise like Russo & Steele relying on sheer numbers to get them over the line. This year Bonhams and Rick Cole have joined RM & Gooding at the very forefront of the Monterey scene and all four have been very successful in getting multiple desirable lots to offer. Competition drives each Auction house to perform better in getting sales results and obtaining lots to offer. Looking at RM though they do seem to be behind last year where they offered so many stellar cars, especially the NART spider. Is this due to increased competition for vendors? because overall there does seem to be no lack of stellar consignments this year..... Maybe the Speciale, as the catalog keeps saying, "the successor to the GTO" will be in the same league and as ever it only takes two bidders and that car could go $25 million. Whatever happens watch this space.
1955 Ferrari 410 Sport #0592CM Not given Rick Cole (1 of 4) 1962 Ferrari 250 SWB #3735 $8.5 - $9 mil. Rick Cole 1962 Ferrari 250GT Cabriolet Series II #3807 $2.2 - $2.4 mil. Rick Cole (Classiche certified) 1963 Ferrari 250GT Lusso #4481 $1.8 - $2.1 mil. Rick Cole (1 owner for 41 years) 1965 Ferrari 275GTB #6891 $1.4 - $1.7 mil. Rick Cole (stored for 40 years) 1965 Ferrari 275GTB Competizione Clienti #7477 Not given Rick Cole (ex Alfred Ducato) 1965 Ferrari 275GTS #8621 $1.5 - $1.7 mil. Rick Cole (Original) 1973 Ferrari 365 GTB/4 Daytona #16889 $450,000.00 - $650,000.00 Rick Cole 1973 Ferrari 365 GTB/4 Daytona #16943 $850,000.00 - $950,000.00 Rick Cole 1974 Ferrari 365BB #18265 $350,000.00 - $425,000.00 Rick Cole 1974 Ferrari Dino 246 GTS #8454 $395,000.00 - $495,000.00 Rick Cole 1981 Ferrari 512BB #38347 $195,000.00 - $245,000.00 Rick Cole 1990 Ferrari F40 #86620 Not given Rick Cole So Rick Cole has arrived and he has brought 35 cars to sell including 13 F-cars. And OMG what a group of cars, a 250 SWB, a couple of decent Daytonas, the required F40 and my two favourites, the Alfred Ducato Competizione spec 275GTB and the 412S..... Really star lots anywhere, including Monterey. The 412S, 1 of 4, ex Paravano, totally authentic and very very powerful..... Amazing. As for the non-Ferraris there is the required 300SL in both Gullwing and Roadster format. The only significant non - Ferrari entry is the Mercedes 540K Cabriolet A that has seen a few auctions over the past decade but is a gorgeous car. Well worth the money..... But the big story has to be the 412S Ferrari which must shake up the Monterey scene somewhat. Gooding, Bonhams and RM must be thinking how did we miss that consignment .... I note Rick Cole is using the ability to bid electronically on all lots, using any device and as such it may bring a new era to what has until recently been a very formal device of selling vehicles. One must assume they have an ability to vet bidders before hand to stop the ebay style and have some teenager in Calcutta or Chattanoga bidding $100 million just for a laugh.... This is an amazing start for Rick Cole and I wish them all the best for their first Monterey Auction. If they can bring this sort of game in year one, I wonder what they might be able to do next year.....
1954 Ferrari 375 MM #0362AM Not given Mecum S178 (ex Paravano) 1961 Ferrari 250GT Cabriolet Series II #2441 Not given Mecum #S161 1965 Ferrari 275GTB #7633 $2.25 - $2.75 mil. Mecum #S164 1966 Ferrari 330 GT #7123GT Not given Mecum #S64 (59 Testa Rossa Replica) 1973 Ferrari DINO 246 GTS #7328 Not given Mecum #S96 1973 Ferrari DINO 246 GTS #5800 $400,000.00 - $500,000.00 Mecum #S154 1984 Ferrari Mondial Cabriolet #50575 Not given Mecum #T158 1989 Ferrari Testa Rossa #79649 $80,000.00 - $100,000.00 Mecum #F136 1992 Ferrari 348 TS #90810 Not given Mecum #S33 1997 Ferrari 456GTA #107391 Not given Mecum #F212 Mecum have always seemed to have one star car each year from the start when the sold the Cobra Daytona, returning with Indy winners, great Porsches etc. This year they have there usual several hundred cars, mostly American muscle cars and classics and all being sold in a very American way. Here have a bourbon and buy a Hemi, good on them. But to lead the way and show they have tonnes of class they have secured the 375MM #0362AM and what a gorgeous car, restored to perfection by Charles Betz and Fred Peters. A lovely car with an interesting history. As for the other million dollar cars 1963 Chevrolet Corvette Z06 Racer #100895 $1.5 - $1.7 mil. Mecum #S198 1938 Delage D8-120 Aerosport Coupe #8120 $2.5 - $3 mil. Mecum #S213 (1 of 12) 1930 Duesenberg Model J Murphy Torpedo Berline Convertible #2315/J-391 $1.4 - $1.7 mil. Mecum #S206 1972 McLaren M20 Can-Am #M20-1 Not given Mecum #S170 1955 Mercedes-Benz 300SL Gullwing #5500354 $1.7 - $2 mil. Mecum #S188 1955 Mercedes-Benz 300SL Gullwing #5500606 $1.1 - $1.4 mil. Mecum #S192 1957 Mercedes-Benz 300SL Roadster #7500604 $1.75 - $2.25 mil. Mecum #S191 1963 Mercedes-Benz 300SL Roadster #3191 $2.2 - $2.5 mil. Mecum #S186 1966 Shelby Cobra 427 #CSX3172 $1.1 - $1.35 mil. Mecum #S179 1968 Shelby Turbine Indycar Not given Mecum #S183 The Delage, McLaren and Shelby Indycar are all impressive and should sell well. The Delage is a very rare example of French coachbuilt 1930s extravagance and worth the money but it was offered last year at this very auction and didnt sell so I am not sure whats up with that. At a lower level some cool cars are available for not much cash such as the classic 1910 Locomobile (lot 207) or the awesome '82 Le Mans Camaro (lot F157) which shows what is available out there. There have been a few sales of 375MM including at RM last year and a private sale of one of the best, twice in the last year. What this 375MM will do is hard to pin down but maybe the sale level as the car sold at RM last year, $8 - 10 million would be likely..... Either way Mecum will stick to their tried and proven business plan and will sell a lot of cars and make their money that way. Not exactly quietly but certainly with pizazz....
Last and probably least there is Russo & Steele, no Ferraris but they do have a Shelby King Cobra which should do well and is a very historic car, a 300SL, an ex Dan Gurney Eagle Indycar and two Lola-Mazda IMSA racers just in case thats your thing....... Good times
Sometime ago already the major auction houses received letters from the factory attorneys warning them strongly to not offer replicas or modified Ferraris such as cut 365 GTB/4 Daytonas ("Daytona Spiders") or 275 GTB 4-cams ("NART Spiders"). That's why you don't see them anymore in those auctions. Nobody wants lawsuits. Marcel Massini
Historically, having bought quite a few cars at auction I would have been very critical! Minimum info supplied, relying completely on the buyers representation etc.. However I have to say that many of the majors now have put a lot of effort into cleaning up their act, doing decent due diligence on the cars and employing marque experts (such as Marcel) to independently verify the vehicles history and authenticity
I'm no lawyer but I'm surprised this is an issue if the car is represented correctly. I think Bonhams had a 250 swb replica recently and silverstone auctions (who I would put at least one level down) had a 206 sp based on a 246 gt a couple of weeks back
Sorry, but who told you that the Maserati 5000GT Frua was "ex-Shah of Iran"???? The Shah owned the very 1st 5000GT, chassis #002 (still hided in a Paris parking lot) ..
This is a HUGE issue, but in USA only. Less in Europe, different legal system. And it has nothing to do HOW a car (say a cut Daytona) is described or represented. In USA the factory's lawyers state that a cut car or a converted car is no longer safe and therefore not a Ferrari anymore. And consequently cannot be promoted or described as "anything Ferrari". Marcel Massini
It is all about doing the homework. You have no idea how stupid some people can be, they are either drunk and/or want to impress their friends or girlfriend Saturday night at auction and buy some expensive but sh**** car. Then, on Monday morning, they wake up (not always!). Within the group of approx. 105 Ferraris available in MRY there are still several cars which are complete crap and also some with non-matching engines or restamps or overstamps. Unfortunately there are still auction houses today that don't do the homework or do not reveal the truth or just don't care. It is up to the bidder/buyer to check (before!). If you don't do this before you bid, do not complain later. Learning the hard way, sometimes. Marcel Massini
A lot of that is true but I think that all of us who are avid collectors have our "special" cars that we won't sell regardless of where the price goes (my F40 is certainly that car for me, as are a couple of my other Ferraris). I think that every true collector has those and that's probably the difference between a collector and a dealer/flipper. What's interesting to see is which cars are the turnover cars of this generation. I have some spectacular cars that I've bought in the last few years but have not used the ways that I thought would and consequently, when I see the appreciation I know that it could be better to sell them in this market and buy other cars that I suspect that I would use more. Again, I suspect that I'm not the only one who feels that way. So do economics play a role? Of course! If I couldn't sell the ones I'm not in love with and make a profit that I could put into other cars or "come out ahead" in some way, I would rather just keep the cars. At certain prices, who cares if they don't get much use? It's at higher prices that it becomes more worth my while to sell them and buy others. At the prices at which I bought them, I'd rather just keep them, which is exactly why I bought them at those prices. I could go into a whole diatribe about "marginal utility" and "diminishing returns" and all of that but I won't. Anyway, Monterey looks very interesting this year.
Following massive additional research, including top experts in Europe, the Porsche 917 K was withdrawn. Wise decision. Marcel Massini
Thanks Marcel - this makes perfect sense. The replicas haven't been able to pull large dollars in individual sales or eBay, but it's a bit scary to think what they might bring in this setting with the market as hot as it is. IMO it will be a very bad precident if it sells for a lot (seems umikely though looking at the lot listing).
Wow, is correct.....I wonder where the one from JRVs back yard is, now.....I should chase down the VIN. It was NOT an 'S', but I think they all are, now!!
