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Discussion in 'Vintage Ferrari Market' started by Timmmmmmmmmmy, Jul 26, 2014.

  1. Vintage V12

    Vintage V12 Formula 3

    Aug 11, 2004
    1,438
    #101 Vintage V12, Aug 18, 2014
    Last edited by a moderator: Sep 7, 2017
  2. 275gtb6c

    275gtb6c Formula 3
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    Oct 30, 2006
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    oscar
    Congrats Matt! I think you had a good timing. But sad to let it go. How many 275's were sold this weekend? Will it stay in the US?

    Ciao
    Oscar
     
  3. Vintage V12

    Vintage V12 Formula 3

    Aug 11, 2004
    1,438
    #103 Vintage V12, Aug 18, 2014
    Last edited: Aug 18, 2014
    Hi Oscar: I think 3 or 4 of these in different variations were available.

    It's nice to know this one beat out an alloy and a 4 cam, which validates a quality restoration. Very very difficult and sad to let go after eleven years but I sure learned alot about restoring a Ferrari and met some great people. Time sure moves on quickly.
     
  4. Marcel Massini

    Marcel Massini F1 World Champ
    Honorary

    Mar 2, 2005
    13,602
    Goes to Mexico.

    Marcel Massini
     
  5. Vintage V12

    Vintage V12 Formula 3

    Aug 11, 2004
    1,438
    p.s. Marcel is one of those GREAT people i met in the vintage Ferrari world.
     
  6. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3
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    Apr 5, 2010
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    Timothy Russell
    My initial take is that RM will be happy with their results from the weekend, sensible estimates, bids and decent marketing. Gooding will not be at all happy, the conflagration of a market that is perhaps even more ruthless with anything less than the pinnacle and some very high estimates not helping. Its too early to say with Rick Cole and Mecum. The winner on the weekend would have to be Bonhams, for all their faults they did score a new world record and sell some very nice cars at some really quite high prices...... Will try to post all the sold figures as they come to hand
     
  7. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3
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  8. Marcel Massini

    Marcel Massini F1 World Champ
    Honorary

    Mar 2, 2005
    13,602
    Sales rate for Bonhams 92 percent.
    Total sales for Bonhams this year at MRY 107 M $.
    The 250 MM was sold to Switzerland, the 250 SWB Aerodinamica to Thailand and the 312 T3 to Berkeley, CA.
    The 512 BBLM to France, the 365 GTC to Northern San Francisco, the 246 Dino Tasman F2 to London, UK.

    Marcel Massini
     
  9. Daytonafan

    Daytonafan F1 Rookie

    Oct 18, 2003
    2,666
    Surrey, England
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    Matthew
    Gooding's main concern will be the failures of it's star lots? Looking at the results the other cars sold well and many for good money.
     
  10. sherpa23

    sherpa23 F1 Veteran
    Silver Subscribed Owner

    May 28, 2003
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    Bastuna
    There were just some big no sales on gooding's side. I thought the prices were quite good for the no sales but not good enough. I am not sure if any after sales agreements were reached on those. Regardless, being in the room for both Bonhams nights, both RM nights, and gooding's final night was very interesting. Some of the bidding strategy indicated a different kind of crowd.
     
  11. schao

    schao Karting

    Mar 31, 2013
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    S Chao
    Interesting, would you please elaborate, if free to do so?
     
  12. barchetta

    barchetta Formula Junior

    Nov 5, 2003
    631
    Yes, can you please expand on what a different kind of crowd means? End users? Dealers? Buyers from Asia, Eastern Europe, the Middle East? TIA.
     
  13. 375+

    375+ F1 Veteran
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    Dec 28, 2005
    6,562
  14. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    10,643
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    Jimmie
    Full RM Results on their site now too
     
  15. MikeRSR

    MikeRSR Formula Junior
    Silver Subscribed

    Jun 22, 2009
    476
    Surrey, England
    Well it's been a couple of weeks now and the dust has settled, so I wonder if anyone can give us an overview of how they think the world-wide Ferrari market looks based on the prices achieved at this months auctions?
     
  16. geno berns

    geno berns F1 Rookie
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    Oct 26, 2006
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    Geno
    Looks real good from here. Vintage Ferraris: "Strong Hold" - "Outperform"


    QUOTE=MikeRSR;143350975]Well it's been a couple of weeks now and the dust has settled, so I wonder if anyone can give us an overview of how they think the world-wide Ferrari market looks based on the prices achieved at this months auctions?[/QUOTE]
     
  17. 375+

    375+ F1 Veteran
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    Dec 28, 2005
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    I think that the number of cars offered at auction--at the estimates/reserves--was a bit more than of the market could absorb. Generally speaking the very best cars when realistically priced will sell. The strength in 275 GTB's, Lusso and California Spyder's seems to be unabated. Other cars (Daytona, GTC and others) vary widely with condition. Great examples sell strongly, cars with needs bring a fraction of that.
    With the exception of the 206 Dino at Gooding, the Dino market looks flat. Carburated BB's, 2+2's and any 250 are strong. C4's are a screaming buy IMO.
     
  18. lgs

    lgs Formula Junior

    Mar 26, 2006
    493
    And what about this?

    1964 Ferrari 250 LM by Scaglietti | Monterey 2014 | RM AUCTIONS
     
  19. lgs

    lgs Formula Junior

    Mar 26, 2006
    493
    Interesting remarks and quite true! And what about this?

    1964 Ferrari 250 LM by Scaglietti | Monterey 2014 | RM AUCTIONS
     
  20. 375+

    375+ F1 Veteran
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    Dec 28, 2005
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    S/n 6045 has long been a car with a story, that story finally has a reasonable resolution at least for the high bidder. I can't offer any more insight than that. I have no skin in the game and haven't relentlessly pursued its history.
     
  21. BIRA

    BIRA Formula Junior

    Jun 15, 2007
    888
    Also you can read the summary by Simon Kidston on his website. As any broker- dealer he has an interest in the game, no doubt! But his reasoning is a little bit more elaborated than most, as he is also a witness of a lot of transactions.
     
  22. lgs

    lgs Formula Junior

    Mar 26, 2006
    493
    Thank you, much appreciated!
     
  23. 375+

    375+ F1 Veteran
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    Dec 28, 2005
    6,562
    I just read it, thank you. Closing with Russo and Steele--perfect!
     
  24. lgs

    lgs Formula Junior

    Mar 26, 2006
    493
    Thanks! Excellent and a good read!
     
  25. M. Brandon Motorcars

    Sponsor

    Sep 4, 2007
    1,402
    Houston, TX
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    Michael Foertsch
    That was an extremely good and insightful article from Simon Kidston. Thanks for sharing.
     

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