Monterey Auctions - The Cars
Rick Carey
Volume 47 Issue 19
Sep 17, 2022
Selected auction cars from various auctions
212 INTER GHIA COUPE, S/N 0145 E (1951). Blue with tan leather. Estimate $1.35 million to $1.65 million. Older restoration, 1- condition. Hammered sold at $1.1 million plus commission of 10.45 percent = final price of $1.22 million. Triple Webers, Borrani wire wheels, Avon tires, Jaeger gauges. One of six such examples built. Shown at the 1952 Torino Motor Show. Since restored twice and exhibited at Pebble Beach, Cavallino Classic, and Amelia Island. Classiche certified and Massini documented, having recovered its original engine, and having a period-correct gearbox and Classiche-built rear axle. Still gorgeous with beautiful paint other than an unfortunate bubble on the left front fender. Lovely chrome. Even gaps. Excellent interior. Rare, beautiful early Ferrari with elegant aluminum Ghia coachwork, and it’s still showable. The new owner should be very satisfied both with the Ferrari and with the moderate price paid for it. Lot # 63. Bonhams.
250 GT LWB BERLINETTA, S/N 0619 GT (1957). Light gray with gray leather. Estimate $6 million to $7 million. Recent restoration, 2+ condition. Hammered sold at $5 million plus commission of 10.10 percent = final price of $5.5 million. Marchal fog lights, yellow bulb Marchal headlights, Borrani wire wheels, Michelin tires, hood mounted Plexiglas bug deflector, fitted luggage, three sail panel louvers, outside fuel filler, covered headlights. Classiche Red Book certified. First owner was Pierre Noblet who competed in many long distance events like the Tour de France. Originally 0805 GT, renumbered by Ferrari as 0619 GT, Noblet’s first TdF. Crashed by a young owner in the late 1960s, then restored by Wayne Sparling over several decades with new body panels. Later restored with the original body panels found at Sparling’s Florida home and subsequently a multiple award winner. Represented as the original engine, chassis, gearbox and body. Excellent paint, interior and chrome. Small dent over the passenger’s door handle. Freshly restored, impeccable and not overdone. Offered by RM at Amelia in 2016 from Wayne Sparling’s estate where it was reported bid to $4.25 million and now reunited with its original Scaglietti bodywork miraculously found on Sparling’s property. The image of Wayne Sparling meticulously re-creating an entire Scaglietti TdF body while the original panels mouldered away in the humid Florida environment is fascinating, if challenging to accept, a confluence of legends. Unsold on the auction block but closed later with this result, the new owner has an historic, certified Ferrari with an intriguing if imaginative story and a fair price. Lot # 29. Broad Arrow Auctions.
250 GT PF CABRIOLET SERIES I, S/N 0963 GT (1958). Black with red leather. Estimate $6 million to $7 million. Cosmetic restoration, 3+ condition. Hammered sold at $6.2 million plus commission of 10.08 percent = final price of $6.825 million. Borrani wire wheels, Dunlop Road Speed tires, covered Marchal headlights, grille-mounted Marchal fog lights, chrome front fender vents, bumperettes. Sold new to Count Giovanni Volpi di Misurata. Later exported to the U.S. where the original engine was put in a Testa Rossa (S/N 0754 TR), then stored before being recovered by 0963 GT in 1996. Very good paint, chrome, interior and lightly soiled top. Old undercoat in the wheelwells. An exceptional Ferrari that has been dormant for decades. Classiche certification in process. One of a number of extraordinary cars that surfaced into the marketplace at Monterey this year. Its next chapter is up to the new owner who paid serious but realistic money for it here and now has to decide whether to enjoy it or invest untold dollars in a comprehensive restoration. Lot # 258. RM Sotheby’s.
250 GT LWB SPYDER CALIFORNIA, S/N 1077 GT (1958). Rosso Corsa with beige leather. Estimate $7 million to $8.5 million. Older restoration, 2- condition. Hammered sold at $5.425 million plus commission of 10.09 percent = final price of $5.97 million. Two tops, covered Marchal headlights, Borrani wire wheels, Cinturato HS tires, carburetor velocity stacks, chrome front fender vents. Unfilled holes on top of the rear fenders behind each door. Very good paint, chrome and upholstery. Tiny amounts of overspray on the rubber grommet at the top of each door. Excellent engine compartment with only a little oily residue on the sump and frame on the right side. Far from pristine, but beautiful. California Spyders can be eight figure cars, but this example leaves much to be desired and is seriously and appropriately marked down for its mediocre condition. This is a good example, and a good value in a covered headlight Cal Spyder. Lot # 339. RM Sotheby’s.
250 GT PF COUPE, S/N 1851 GT (1960). Estimate $450,000 to $550,000. Hammered sold at $480,000 plus commission of 11.04 percent = final price of $533,000. Lot # 316. RM Sotheby’s.
250 GT PF CABRIOLET SERIES II, S/N 2135 GT (1960). Silver-blue with brown leather. Estimate $1.5 million to $1.8 million. Recent restoration, 2+ condition. Hammered sold at $1.45 million plus commission of 10.34 percent = final price of $1.6 million. Overdrive 4-speed, Borrani wire wheels, Cinturato HS tires, two tops, Marchal headlights and grille-mounted fog lights, tools, books, manuals. Classiche certified. Excellent paint, chrome and slightly stretched interior. Clear, bright gauges and instrument panel. The underbody is restored like new. Done right and not overdone, 2017 FCA Wayne Obry winner and impossible to fault. This is a superior 250 GT that brought a superior, if somewhat optimistic, price. Lot # 175. Gooding & Company.
275 GTS, S/N 07427 (1965). Black with medium red leather. Estimate $1.7 million to $1.9 million. Hammered sold at $2.05 million plus commission of 10.24 percent = final price of $2.26 million. Sold for $1.43 million at Mecum Indy two years ago in 2020. Lot # 323. RM Sotheby’s.
275 GTB/C Alloy, S/N 09067 (1966). Rosso Corsa with black leather, gray cloth inserts. Estimate $7.5 million to $9 million. Older restoration, 2 condition. Hammered sold at $6.9 million plus commission of 10.07 percent = final price of $7.6 million. Silver painted Borrani wire wheels, Dunlop Racing tires, covered Carello halogen headlights, tools, extra alloy wheels. Classiche certified. 2018 Cavallino Classic Platinum. As good as it gets with a wonderfully preserved 2017 restoration. Not very much appreciated at Christie’s Geneva auction in 1973 where it was bid to only $7,800 but recovered in 2014 at RM Monaco where it was sold for $7.86 million. Lot # 346. RM Sotheby’s.
330 GT 2+2 SERIES II, S/N 08325 GT (1966). Blue with heather leather. Estimate $450,000 to $550,000. Older restoration, 2+ condition. Hammered sold at $520,000 plus commission of 10.96 percent = final price of $577,000. Borrani wire wheels, Pirelli Cinturato HS tires, Becker Europa II AM-FM, power windows. Very good clearcoat paint, bright chrome, lightly stretched upholstery. Restored like new at a documented cost of over $300,000 with modest subsequent use. This is a beautifully restored, nearly pristine car. It also is fabulously expensive. It must be the best 330 GT 2+2 in the world, but that is no reason to pay hundreds of thousands more than any rational estimate of its value. Lot # 114. Gooding & Company.
275 GTB/4, S/N 09425 (1967). Black with black leather. Estimate $3.2 million to $3.6 million. Cosmetic restoration, 3- condition. Hammered sold at $3.2 million plus commission of 10.16 percent = final price of $3.5 million. Alloy wheels, Michelin XWX tires. Beautiful paint, chrome and interior with only a little surface creasing. The underbody and chassis have been left largely alone including peeling original undercoat in a cosmetic restoration dating to the mid-90s. The black/black livery is distinctive but the restoration’s original scope and age is now showing and it is an expensive car in this transaction. Lot # 253. RM Sotheby’s.
330 GTC, S/N 9955 (1967). Red with tan leather. Estimate $575,000 to $650,000. Visually maintained, largely original, 2- condition. Hammered sold at $525,000 plus commission of 10 percent = final price of $577,500. Borrani wire wheels, Michelin XWX tires, Ansa exhaust, Becker Europa radio, power windows, air conditioning, tool roll. Very good older paint and chrome. Light use underneath. Light wear on some of the switchgear. Looks like a straightforward older cosmetic restoration. Featured at twelve Mecum auctions since 2016 until finally selling at Indy last year for $500,000 hammer, $550,000 all-in. Back again at Monterey, it again sold with this result, a modest increase in the all-in price. It’s a usable and presentable GTC where so many of its counterparts have gotten the concours restoration treatment. As the two transactions in fifteen months indicate, this is a realistic price for it. Lot # S83. Mecum Auctions.
365 GT, S/N 12521 (1969). Estimate $225,000 to $250,000. Hammered sold at $250,000 plus commission of 12 percent = final price of $280,000. Lot # 356. RM Sotheby’s.
365 GTB/4, S/N 13255 (1970). Red with black leather, red inserts, black bars. Estimate $525,000 to $625,000. Cosmetic restoration, 3 condition. Hammered sold at $500,000 plus commission of 11 percent = final price of $555,000. Borrani wire wheels, Michelin MXV4 tires, Becker Mexico cassette stereo, Veglia air conditioning, popup headlights, painted nose panel. Converted from fixed headlights and Plexiglas nose panel. Sound older repaint with some swirl. Weak chrome. Excellent upholstery. Good but not exemplary gauges. Older undercoat in the wheel wells. Clean engine sitting in an older compartment. Bill Fleischman collection. The paint condition is good enough that the decision to take the nose apart and put it back into its original Plexiglas covered fixed headlight configuration should not be taken lightly. It’s the gateway to a full restoration (which would be a statement in its original Celeste light blue over Rosso Scuro dark red leather). At this realistic price the choice is open, but so is the opportunity to enjoy it on the road while contemplating the options. Lot # 60. Broad Arrow Auctions.
512 BBi, VIN ZFFJA09B000044993 (1983). White with crema, red cloth Zegna bars. Estimate $275,000 to $350,000. Older restoration, 3+ condition. Hammered sold at $240,000 plus commission of 12 percent = final price of $268,800. Pioneer cassette stereo, Cromodora alloy wheels, TRX tires, air conditioning, power windows, owner’s manuals, tools. Very good older repaint, seats are slightly worn and stretched. The engine compartment is very clean and correct. Not fresh but very good with a 2018 belt service. Sold by RM at Arizona in 2019 for $252,000 and now showing 33,705 miles, 311 more than it did three years ago. A sound if somewhat neglected car that needs to be driven and can be at this realistic price. Lot # 310. RM Sotheby’s.
400i, VIN ZFFEB06B000054057 (1984). Grigio Metallizzato with crema leather. Estimate $80,000 to $100,000. Unrestored original, 2- condition. Hammered sold at $80,000 plus commission of 12 percent = final price of $89,600. Automatic, alloy wheels, Michelin TRX tires, power windows, air conditioning, Blaupunkt stereo, books and tools. Showing 10,333 original miles and recently got an $11,000 service. Mostly good paint with some small chips and scratches on the nose along with a long crack near the right headlight. Significant chipping around the edges of the doors. Good, lightly worn interior but there is some odd wear to the leather above the gauge cluster. A lightly used, mostly well-kept example of one of Ferrari’s less celebrated line of four-seaters. The 400/412 carries the unenviable distinction of being the first Ferrari sold with an automatic, in this case GM’s tried and true Turbo Hydramatic 3-speed. Blasphemy for purists, but in the end about two-thirds of 400/412 buyers chose the auto over the 5-speed. The looks also didn’t win these cars many accolades, especially compared to the supple curves of 1960s Ferraris, but they do look a lot better in person even if the quips about overgrown Accords never stop. 400/412s have long been the affordable way into 12-cylinder Ferrari ownership and they still are the affordable way, at least relatively speaking. They have gotten pricier over the past year, but everything with a Prancing Horse badge has. So this result, while a bit of a shock if you haven’t been following these cars lately, was impressive but not crazy in the setting of Monterey ‘22. Lot # 304. RM Sotheby’s.
F50, VIN ZFFTG46A0S104220 (1995). Red with black leather, red cloth inserts. Estimate $4.5 million to $5.5 million. Unrestored original, 2 condition. Hammered sold at $4.2 million plus commission of 10.12 percent = final price of $4.63 million. Hardtop, luggage, Classiche certified, tools, books. Clean, tidy and barely used despite having some 6,200 miles. Owned at one point by boxer Mike Tyson. “Iron Mike’s” ownership wouldn’t seem to add much to the value and provenance of this F50 but something did. It sold at RM’s Amelia Island auction in 2017 for $2.64 million, making this result nearly double in five years. It is, however, consistent with the exceptional results brought by Ferrari supercars at Monterey this week, which is more important. Lot # 50. Gooding & Company.
F512 M, VIN ZFFVG40A1S102770 (1995). Rosso Corsa with tan leather. Estimate $500,000 to $600,000. Unrestored original, 2 condition. Hammered sold at $650,000 plus commission of 10.77 percent = final price of $720,000. Speedline wheels, Michelin Pilot Sport tires, air conditioning, Classiche certification, books and tools. One of 75 US market cars and just 501 built in total. Represented with 7,200 miles and looks like it. A gorgeous car that has been consistently maintained and shows no flaws. Prime example of the final evolution in the Testarossa family and finished in classic (if common) colors. The most developed and the rarest of the family, it’s also the most valuable. Prices have already nearly tripled over the past decade, but this car is even further ahead of the curve. It also broke the world auction record for the model. A few hours later the black car over at RM Sotheby’s broke it again at $780,500, proving this is no outlier. Lot # 165. Gooding & Company.
550 MARANELLO, VIN ZFFZS49A8Y0118721 (2000). Rosso Fiorano with saddle leather. Estimate $225,000 to $275,000. Unrestored original, 2- condition. Hammered sold at $290,000 plus commission of 11.72 percent = final price of $324,000. Speedline modular alloy wheels, Pirelli tires, sport seats, power windows, air conditioning, tools, books, keys, window sticker. One owner from new, 11,000 miles and looks like it. Belt serviced two years ago. The first lot from the Bill Fleischman collection and received enthusiastically by the Broad Arrow bidders with a result that is generous even giving full weight to the one owner history and maintenance record. Lot # 44. Broad Arrow Auctions.
575M MARANELLO, VIN ZFFBV55A320128682 (2002). Rosso Corsa with tan leather piped in red. Estimate $300,000 to $400,000. Unrestored original, 2- condition. Hammered sold at $350,000 plus commission of 11.43 percent = final price of $390,000. 6-speed manual, red calipers, Michelin Pilot Sport tires, Scuderia shields, red carpets, Daytona-style seats. Represented as one of approximately 246 6-speed examples built and just 80 for the US market. Showing 10,000 miles. Some minor small stone chipping on the nose and headlight covers. A few small scratches on the mirrors as well but mostly good paint. Good, lightly worn interior. A straightforward, carefully owned modern Ferrari in classic colors. Late model 6-speed Ferraris are a proven commodity on the collector car market, and in the 575’s case a car with a clutch pedal can sell for over twice as much as one with paddles. That’s exactly what happened here, as automatic 575s typically sell for well under $200K. As Ferrari buyers age, however, it is worth considering that the bother of dealing with three pedals and a manual shifter is going to age well. Lot # 37. Broad Arrow Auctions.
599 GTB FIORANO, VIN ZFFFC60A270150863 (2007). Nero with nero. 3+ condition. Hammered sold at $800,000 plus commission of 10 percent = final price of $880,000. 6-speed manual. Lot # S39. Mecum Auctions.
599 GTB FIORANO F1, VIN ZFFFC60A670151594 (2007). Black with black. Hammered sold at $175,000 plus commission of 10 percent = final price of $192,500. Lot # F101. Mecum Auctions.
LAFERRARI, VIN ZFF76ZFA2F208568 (2015). Rosso Corsa with black leather, red accents. Estimate $3 million to $3.3 million. Unrestored original, 2 condition. Hammered sold at $3.55 million plus commission of 10.14 percent = final price of $3.91 million. 5-spoke alloy wheels, red calipers, PZero tires, carbon discs, SF shields. 143 miles and unblemished. There were four LaFerraris at Monterey, but only this one was a regular production version, the other three being prototypes offered at Mecum. Like the LaFerrari prototype sold by RM at Monaco three months ago, buyers expressed their preference for the fully refined and developed production version with this representative result; the Mecum prototypes bringing $2,640,000, $1,595,000 and $715,000 despite their insight into the Ferrari development process. Lot # 14. Broad Arrow Auctions.
F12berlinetta 70th Anniversary livery #35, VIN ZFF74UFA7H0224387 (2017). Blu Swaters with black leather, Alcantara inserts. Estimate $450,000 to $550,000. Unrestored original, 2 condition. Hammered sold at $450,000 plus commission of 11.11 percent = final price of $500,000. 5-spoke alloy wheels, silver calipers, carbon discs, SF shields. 100 miles and like new. $180,000 in 70th Anniversary livery, options and special equipment. A Ferrari flagship that brought full retail and nearly 100 cents on the dollar for the shopping list of options and equipment. Lot # 84. Broad Arrow Auctions.
812 GTS, VIN ZFF97CMA0N0279353 (2022). Black with red diamond quilted leather. Estimate $900,000 to $1 million. Unrestored original, 2 condition. Hammered sold at $725,000 plus commission of 10 percent = final price of $797,500. SF shields, suspension lift, parking sensors, LED headlights, chipguard covering. 68 miles and a new car. With many options and features this was probably a $550-600,000 Ferrari off the showroom floor. The result here is over $100,000 more, with that going to reward the first owner for having the influence to get a place in line. Lot # S97.1. Mecum Auctions.
246 GTS, S/N 06462 (1973). Rosso Chiaro with tan leather. Estimate $550,000 to $650,000. Hammered sold at $725,000 plus commission of 10.69 percent = final price of $802,500. Chairs and flares. Lot # 254. RM Sotheby’s.
308 GTB Fiberglass, S/N 18977 (1976). Fly yellow with black leather. Estimate $250,000 to $300,000. Visually maintained, largely original, 2- condition. Hammered sold at $200,000 plus commission of 12 percent = final price of $224,000. Dry sump, Campagnolo wheels, Pirelli Cinturato tires, MOMO leather-wrapped steering wheel, power windows, air conditioning, Blaupunkt radio. Comes with tools, brochure, press kit, service records. Number 64 of 712 early fiberglass 308s. Formerly owned by Kirk F. White. Very good older repaint, but some black paint is coming off the edges of the window frames. Well-kept, lightly worn original upholstery. Tidy engine bay. A few blemishes on the wheels. A cool, usable Vetroresina 308 in an appropriately loud color. Lighter than subsequent steel bodied 308 GTBs, the vetroresina 308 GTBs are the best of the series. This example isn’t the best out there but it is more than good enough and is a good value at the price it brought here. Lot # 176. Gooding & Company.
288 GTO, VIN ZFFPA16B000058335 (1985). Rosso Corsa with black leather. Estimate $3.75 million to $4.25 million. Unrestored original, 3+ condition. Hammered sold at $4 million plus commission of 10.13 percent = final price of $4.4 million. Air conditioning, power windows, Classiche certified, recent timing belt service reported. Delivered new to Hollywood Sports Cars in LA and reportedly kept by owner Cris Vandagriff as his personal car for nearly 10 years. Featured on the cover of Automobile magazine and in the pages of Playboy. Showing just 15,004 km (9,324 miles). Very good paint with only minor stone damage to the nose. The engine and mechanicals are clean but not overly detailed, and the left exhaust outlets hang visibly lower than the right; the driver seat has a few wrinkles and creases and the driver footwell carpet is a bit worn and dirty. A good looking, lightly used 288 GTO. 288s have also come a long way in price. Ten years ago these weren’t even seven-figure cars, and in 2016 this one was a $1.95M no-sale at RM Arizona. Here, though, it completed the sweep and brought more than any 288 has at auction previously. Lot # 334. RM Sotheby’s.
F40, VIN ZFFMN34AXN0091097 (1992). Rosso Corsa with red cloth. Estimate $2.5 million to $2.9 million. Unrestored original, 2 condition. Hammered sold at $3.5 million plus commission of 10.14 percent = final price of $3.86 million. Air conditioning, built-in radar detector, SF shields, modular alloy wheels, PZero tires, US spec. Classiche certified. 9,486 miles and looks like less. Belt serviced six months ago. This is a huge number for an F40, but it is reassuringly presented with under 10,000 miles and recent belt service so it is ready to be driven. Gooding claimed the top F40 at Monterey at $3.96 million, but this result is so close there is no significant difference. A strong endorsement of “analog” supercars. Lot # 331. RM Sotheby’s.
F355 SPIDER, VIN ZFFXR48A3V0109036 (1997). Giallo Fly with black leather. Estimate $100,000 to $125,000. Hammered sold at $130,000 plus commission of 12 percent = final price of $145,600. Two owners, less than 9,000 miles, 6-speed. Lot # 82. Broad Arrow Auctions.
360 F1 SPIDER, VIN ZFFYT53A130131620 (2003). Rosso Corsa with cuoio naturale. Estimate $125,000 to $150,000. 3- condition. Hammered sold at $115,000 plus commission of 10 percent = final price of $126,500. Lot # S114. Mecum Auctions.
F430, VIN ZFFEW58A480159289 (2008). Nero Daytona with black leather. Estimate $250,000 to $300,000. Unrestored original, 2- condition. Hammered sold at $370,000 plus commission of 11.35 percent = final price of $412,000. Satin-finish Challenge alloy wheels, Michelin tires, red calipers, carbon discs, SF shields, carbon rear grille, manual, car cover. Lightly nose chipped, otherwise like new. Finished in Nero Daytona, a rich black with gold metalflake. Represented as less than 7,500 miles and hardly used. Many Ferraris are touted as having the “all-important 6-speed” but in this case that representation is appropriate as only some 10% of F430s were so-equipped. The Gooding & Company bidders got the message and chased this F430 into the value stratosphere. Now, will the new owner be able to drive it? Lot # 183. Gooding & Company.
458 SPECIALE A, VIN ZFF78VHA5F213621 (2015). Bianco Avus with nero. Estimate $800,000 to $900,000. 2 condition. Hammered sold at $875,000 plus commission of 10 percent = final price of $962,500. 98 miles. Lot # S82. Mecum Auctions.
488 PISTA SPIDER, VIN ZFF91HMA6L0249320 (2020). Azzurro California with black, gray Alcantara. Estimate $600,000 to $650,000. Unrestored original, 2 condition. Hammered sold at $800,000 plus commission of 10.63 percent = final price of $885,000. Black diamond-cut alloy wheels, Michelin tires, yellow calipers, carbon discs, SF shields, carbon fiber trim inside and out, $145,000 in factory options, accessories, books and records. 345 miles and like new. A little comparison shopping will find comparable elaborately equipped Pista Spiders for $750,000 or so and a healthy “buy it now” premium on a car that was, even with six-figures of options, $500,000 when new. Broad Arrow conservatively, and realistically, estimated this Pista Spider at a premium over its delivered cost. The bidders forced a rethink of that position, however, bidding it up to $150,000 more than the high estimate and likely causing a quick rethink of contemporary resale pricing. There is no shortage of similar cars and little reason to pay this much for this one. Lot # 10. Broad Arrow Auctions.