Ferrari 246 GTS Dino to be Auctioned in South Africa | FerrariChat

Ferrari 246 GTS Dino to be Auctioned in South Africa

Discussion in '206/246' started by calipsodino, Sep 20, 2013.

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  1. calipsodino

    calipsodino Rookie

    Feb 21, 2012
    4
    #1 calipsodino, Sep 20, 2013
    A truly excellent example. The winner of the SEFAC ( Southern Equitorial Ferrari Automoblii Club) “Dino Ferrari Trophy” Concourse D’Elegance, on the 2013 Show day at Monte Casino, Johannesburg, South Africa.
    This spectacular LHD motor vehicle, serial number, 07218, was bought on 9th October 1974 by a medical doctor directly from Ferrari in Italy. It was taken across to England and then to South Africa. It is now being sold by the second owner.
    It has just completed an arduous 8 year restoration process which was done, no expenses spared, by Piero Giovanello of Rosso Sport Auto, formerly the Ferrari agent.
    Original colour Rosso Barchetta
    The car is 98% original save for seat belts and hence the 8 years of restoration because of difficulty sourcing original parts worldwide.
    The car boasts:
    • Original purchase Invoice of 1974 from Ferrari
    • Original Ferrari new car warranty card.
    • Original Ferrari Owner’s handbook/manual in original leather pouch.
    • Original importation documents from Italy to UK
    • Original importation documentation from UK to South Africa
    • Original jack
    • Original tool roll (some tools missing)
    • Pull down windscreen blinds.
    • Full documented maintenance & service history since new, including restoration.
    • DVD with gallery of photos documenting the entire restoration process.
    • Full matching numbers, factory Left Hand Drive car with original factory colour scheme, supplied new to Italy.

    Darren Winterstein
    Phone +27 83 797 9000
    or
    Auction Manager: Trevor Jacobs
    Auction Manager Phone: +27 83 793 3000
     
  2. Julius H.

    Julius H. Formula Junior

    Feb 25, 2013
    713
    Europe
    Full Name:
    Julius
    #2 Julius H., Sep 20, 2013
    looks great.when it will be auctioned?
     
  3. TonyL

    TonyL F1 Rookie

    Sep 27, 2007
    3,839
    Norfolk - UK
    Full Name:
    Tony
    #3 TonyL, Sep 20, 2013
    You say the car is 98% original yet it went through a 8 year resto. Excuse me but no way did they ever manage to achieve that.

    Dino's are hot property at the moment, just had mine valued and was told to expect an auction price of around £325,000 +
     
  4. f328nvl

    f328nvl Formula Junior

    Nov 10, 2004
    851
    Herts
    Full Name:
    John
    #4 f328nvl, Sep 22, 2013
    That would shatter the world record and indeed be a third higher than any estimate in any auction estimate for a RHD car. I believe that £236.7k is highest ever inc premium (against an estimate of £130-£160k).

    Last one I saw didn't sell at RM a week or two ago with the highest bid £150k, but it wasn't very good.
     
  5. TonyL

    TonyL F1 Rookie

    Sep 27, 2007
    3,839
    Norfolk - UK
    Full Name:
    Tony
    #5 TonyL, Sep 22, 2013
    I was told that from 2 Ferrari specialists. The dino that sold at bonhams for £236K was not a very good example and from just studying the photos came up with 26 faults and some looking serious. The market reacted to it and some dinos went up in price considerably on the Monday!!

    It had no particular history or indeed special features, so its fair to say that the market will pay a higher sum for a car of better quality. What that amount is would depend on the day

    If I tried to replace my car with one of equal quality I would struggle, very rarely does a original chairs and flares car come on the market, if one came up for £325K and I was willing to pay that then I would. I am not bigging up my cars value for vanity sake either as the higher insurance premiums hurt, I don't want to sell, so price is irrelevant to me.

    IMO you cannot reduce the price of a Van Gogh just because you don't want to pay the price, it is what the bloke next to you is bidding.
     
  6. calipsodino

    calipsodino Rookie

    Feb 21, 2012
    4
    #6 calipsodino, Sep 22, 2013
    Auction will take place Saturday, September 28 at 12:00pm in UTC+02
    further info please contact [email protected]
     
  7. calipsodino

    calipsodino Rookie

    Feb 21, 2012
    4
    #7 calipsodino, Sep 22, 2013
  8. dignini

    dignini Formula 3

    Aug 21, 2005
    1,348
    NJ
    Full Name:
    Luigi Marazzi
    #8 dignini, Sep 22, 2013
    with Van Gogh, it all depends on the ear and condition
     
  9. TonyL

    TonyL F1 Rookie

    Sep 27, 2007
    3,839
    Norfolk - UK
    Full Name:
    Tony
    #9 TonyL, Sep 22, 2013
    :)

    ear ear, but nobody is listening!!
     
  10. f328nvl

    f328nvl Formula Junior

    Nov 10, 2004
    851
    Herts
    Full Name:
    John
    #10 f328nvl, Sep 28, 2013
    I just collect data and summarise it. Let's see what the second highest bidder stops at next time. It's not like we ever see bubbles in assets or anything.

    I am a corporate financier, and I think corporate finance is currently very undervalued ...
     
  11. richardson michael

    richardson michael Karting

    Aug 17, 2013
    239
    brittany. france
    Full Name:
    michael richardson
    #11 richardson michael, Sep 28, 2013
    Can Darren tell us if the Dino, 07218, sold today,and if so, how much did it make?
     
  12. TonyJerseyUK

    TonyJerseyUK Karting

    Mar 21, 2013
    139
    #12 TonyJerseyUK, Sep 29, 2013
    The reserve was 3m Rand (circa GBP184k / US$249k) plus auction comm (6%) so it had to be more than that if it sold.

    Cheers,

    Tony
     
  13. Cleva

    Cleva Karting
    Owner

    May 20, 2011
    87
    #13 Cleva, Jun 29, 2014
    Dear All. The selling price was R3 265 000.00 which equates to $324 000.00 on the auction day and $308 000.00 at todays exchange rate. The car is very pretty and the pictures do not do it justice.
    Regards
     
  14. Cleva

    Cleva Karting
    Owner

    May 20, 2011
    87
    #14 Cleva, Jun 30, 2014
    Last edited by a moderator: Sep 7, 2017

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