Monterey Auction Cars V6 and Competition

    Rick Carey wraps up his report of the Monterey auctions with these selected Ferraris. Carey’s report of other marques can be found at www.rickcarey.com.

 

    DINO 246 GTS, S/N 05714 (1973). Rosso Cordoba with tan leather, black bars. Estimate $375,000 to $475,000. Cosmetic restoration, 2- condition. Hammered sold at $460,000 plus commission of 11.09 percent = final price of $511,000. Cromodora wheels, Michelin XWX tires, Borletti air conditioning, open headlights, Daytona-style seats, power windows. Represented as 39,971 miles. Clean, orderly engine compartment but with oily residue at the bottom and on the driveshafts. Excellent paint, good chrome but pitted rear reflector bezels. Good lightly-creased upholstery. Older undercoat with some miles. This Dino is a recent FCA Platinum winner but is far from pristine, showing that Platinum does not necessarily equal Concours. A desirable car in an attractive color combination, it is seriously expensive in this transaction but equally shows that Dino prices are yet again on the rise, a tribute to their attractive design and enjoyable handling regardless of their modest performance. Lot # 169. Gooding & Company.

 

 

    DINO 246 GTS, S/N 05848 (1973). Black with black leather, red bars. Estimate $450,000 to $500,000. Older restoration, 2- condition. Hammered sold at $425,000 plus commission of 10 percent = final price of $467,500. Prototipo leather rim steering wheel, Blaupunkt AM-FM, Borletti air conditioning, Cromodora wheels, Michelin Defender tires, covered headlights, power windows. Orderly lightly oily engine compartment. Very good paint and interior. Crisp, clear gauges. Clean restored underbody. Represented as 21,087 miles and well-treated and restored. A rather magnanimous result for a sound and presentable Dino GTS with modest miles from new, but consistent with recent transactions for this model. Lot # S119. Mecum Auctions.

 

 

    F430 SPIDER, VIN ZFFEW59A970152545 (2007). Giallo Modena with brown leather. Estimate $275,000 to $325,000. Unrestored original, 2+ condition. Hammered sold at $330,000 plus commission of 11.52 percent = final price of $368,000. 6-speed manual, yellow calipers, carbon-ceramic brakes, Daytona-style seats, shields, Xenon headlights, carbon fiber engine kit. Sold new in California and ordered with alligator leather accents on the seats, rollbar, sun visors, and steering wheel. All the extras on this car reportedly about doubled the car’s base price of roughly $200,000 back in 2007. Now showing 470 miles and showing little to no wear or use. Big on options (over $52,000 worth) and low on miles, this is a special car. The biggest driver of the price, however, is its clutch pedal, and this was one of the five late-model stick-shift Ferraris run right in a row at RM’s Friday sale. Like all of them this F430 sold quite well (about twice what a paddle-shift 430 Spider typically brings), but since it also sold for $357,500 in Phoenix five years ago and $319,000 at Mecum Indy in 2020, it conceivably could have brought a few more bids here. Lot # 246.  RM Sotheby’s.

 

 

    SCUDERIA SPIDER 16M, VIN ZFFKW66AX90166910 (2009). Metallic black with cognac leather. Unrestored original, 2 condition. Hammered sold at $285,000 plus commission of 10 percent = final price of $313,500. Carbon fiber mirrors, sills, interior trim, satin gunmetal 10-spoke wheels, Michelin Pilot Sport Cup 2 tires, red calipers, carbon ceramic brakes, shields, factory accessories. Represented as 5,857 miles. Unblemished except for the folding scuffed rear window. Good tires. Low miles and excellent condition plus a few extra horsepower over a regular 430 in front of the paddle shift gearbox. This is a representative price and a sound value. Lot # S120.1. Mecum Auctions.

 

 

    458 SPECIALE APERTA, VIN ZFF78VHA0F0208634 (2015). Giallo Modena with black suede. Estimate $550,000 to $650,000. Unrestored original, 2- condition. Hammered sold at $570,000 plus commission of 10.88 percent = final price of $632,000. AFS lighting system, red calipers, NART stripe. Delivered to and kept by Ferrari dealer Ron Tonkin. Represented with 6,436 miles. Several fine paint chips on the nose, but the rest of the paint and body are excellent. The underbody is in good condition but would benefit from a detail. The interior exhibits minimal wear. A very good example of the limited Speciale A with moderate use. Intelligently bought for its modest miles, good condition and limited use by a prominent owner who had it maintained in his own shop giving the new owner unusually complete confidence in its condition and consistent care. Lot # 340. RM Sotheby’s.

 

 

    488 PISTA, VIN ZFF90HLA9L0249820 (2020). Rosso Scuderia with red leather, black inserts. Estimate $500,000 to $600,000. Unrestored original, 2 condition. Hammered sold at $500,000 plus commission of 10 percent = final price of $550,000. Carbon ceramic brakes, body color calipers, carbon fibre aero and body details, manettino steering wheel, climate control, rear parking sensors, carbon fiber wheels, Michelin Pilot Sport tires, books and manuals. 497 miles and unblemished. The laundry list of options on this 488 Pista probably added enough to the original MSRP to buy a new Corvette, but now it’s yesterday’s Ferrari and the consignor apparently wanted out no matter what, taking a big discount from current asking prices but perhaps showing the way things are going. Lot # S122. Mecum Auctions.

 

 

 

Competition Cars

 

    166 MM/53 VIGNALE SPYDER, S/N 0314 M (1953). Burgundy with tan leather. Estimate $4 million to $5 million. Concours restoration, 1 condition. Hammered sold at $3.5 million plus commission of 10.14 percent = final price of $3.85 million. Painted wire wheels, Avon radial tires, dual wraparound Plexiglas windscreens, covered Marchal headlights. First owned by Edoardo Lualdi-Gabardi, the first of a long string of Ferraris he owned. Raced by him, including the 1954 Mille Miglia, then by subsequent Italian owners. Later upgraded by Ferrari to 3-litre (250MM) specifications. Stolen in 2000 during the Mille Miglia and not recovered until 2007. Beautifully restored and better than new with gorgeous paint, bright chrome and pristine upholstery. The engine compartment and chassis are immaculate. Ferrari Classiche White Book certified and impossible to fault. Stories make cars more interesting and occasionally valuable. 0314 M has its share of stories, largely vindicated by Ferrari Classiche’s restoration and provision of appropriate major components that return it to its 166MM configuration. While it may not be “pure” it is “accepted”, as its many Ferrari-sponsored appearances show, and it brought a representative price for its condition and history. Lot # 352. RM Sotheby’s.

 

 

    268 SP, FANTUZZI SPORTS PROTOTYPE, S/N 0798 (1962). Red with blue cloth. Estimate $8 million to $10 million. Competition restoration, 3 condition. Hammered sold at $7 million plus commission of 10.07 percent = final price of $7.7 million. RHD. Raced by Ferrari at Le Mans in 1962 where it was a DNF. Later raced by NART, then Tom O’Brien who was 1964 SCCA D/M champion with it. Acquired by Pierre Bardinon from Chinetti in 1969. Restored in the mid-80s to presentable condition but neither concours nor as it was at Le Mans. Touched up old paint, soiled upholstery. Gouges in the radiator intake. Cracks in the tail. Displayed since then in various events. Classiche certified. Offered here by RM in 2016 where it was reported bid to $12.5 million without selling. Today it is in somewhat more aged and neglected condition but remains an outstanding Ferrari that is significant within the company’s competition car development. Its sleek design and double-nostril air intake is emblematic of competition Ferraris during the 1960s and its condition is more than good enough to be brought to the track and exercised to the enjoyment of the crowd and its competitors. That’s a significant value for the new owner who paid a realistic price for it. Lot # 234. RM Sotheby’s.