1953 166 Mille Miglia #0050 To Be Sold By RM Monterey

This is the first Ferrari my Father purchased. It is the first small grill Ferrari
and the first Scaglietti-bodied competition Ferrari. Dad bought it in 1965 for
$1,000. What do you guys think she'll go for and what thoughts do you have
about the car in general??
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That's awsome. $1,000. That gave me a laugh!
I love the car personally, it's a very sexy shape!!!
Does he still have it?



_J

 

I WISH he still had it. He sold it in 1969 for $5,500 which was a nice profit back then!

 

You've got @20 more photos of Dino's first personal car [& one Dino inspired] - some really show the lines well.

* Hint* I'm particularly enamored of the ones with the 250 Mille Miglia.

 

Basically a 166MM Barchetta, 1.5 - 2.0 M
Who knows really in these times.

 

No not just your average everyday 166MM, but one of the most historic Ferraris
ever made (I'm biased of course!). I'm guessing at least twice your number.
Anyone else like to venture a guess on price??

 

0308M
0328M
0050
0050M

Anyone know any more?

What engine is in her today?

 

Jim,
Thanks for opening this up. Let's start at the beginning- I will chip in what I know and then the experts can fill in the blanks and make corrections-

Car #1
0050M is a 1950 Ferrari 166 MM Touring bodied Barchetta.
Originally owned by Barbara Hutton (Woolworth's heir) and run at Le Mans in 1950 by her then-boyfriend Porfirio Rubirosa (El Presidente beer heir/Dominican Republic). Rubirosa would later be her 5th husband, preceded by Prince Igor Troubetzkoy and Cary Grant Hutton was also mother to Lance Reventlow (Scarab).

Rubirosa seems to be the key to sorting out the three cars...

0050M was re-numbered 0328.
Perhaps to avoid some duties for Rubirosa who also (later) owned 0328.
Today, 0050 is properly referred to as 0050(0328)M.
0050(0328)M is emphatically not our 'subject' car/ex-Jack Reuter/currently up for auction.
0050(0328)M is a quite lovely, original Touring bodied Barchetta and remains with her long-term owner a few miles away from the ex-Jack Reuter GTO 3765 LM in the Midwest (as I'm sure you and Cliff know).

Car #2
0308 seems to have been born a 1953 Ferrari 166MM/53 Vignale bodied Barchetta and then later re-bodied in its current guise by Scaglietti.
I will not comment on any re-numberings as I'm not familiar with this car's history, other than to say that today it apparently carries the number 0050 as Cliff has indicated.
0308(Xx) is our 'subject' car in this thread.

Car #3
0328 is a 1953 Ferrari 166 MM/53 Vignale bodied Barchetta.
Again, I don't know the specific history of this car's re-numberings, so no further comments other than hoping to open up the discussion of Car #2 and Car #3's history to those more knowledgeable.

On Barchettas site (and I don't mean this as a 'knock'), here are a couple of easy errors to fix:
-Car #1 original owner is listed as Rubirosa, not Hutton.
-Car #3 The 'Index Card' (the thumbnail and description- found under 'Even numbers 0300-0398') is (incorrectly) that of Car #1. When you click on it, however, the photos and history on its 'page' are correctly those of Car #3.

Hope this adds to rather than further convolutes the discussion.
Best,
Dave

 

Here we go !


_J

 

I went to RM's website to see what they say, and the car is not listed yet (at least under forthcoming auctions). I then saw that #0168ED is coming up at Monterey. A 225S at $600-800,000???????? Then onto Barchetta to check it out, where it states that the engine from this car may be in 0050/0308.

Is this correct?
What's the story on 0168ED, what engine does it have now, and can that guide price be realistic?

 

Is that the car we are talking about ? pics from Cavallino 2004.
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This lovely and historic car was at Sal DiNatale's for a short while back in the day. I show early owners as Rubirosa, Chinetti, Collins, Jack Reuter, Ken Hutchinson, Lamberson, Marchetti. I also show that the original engine went to that great hoarder of engines, Dick Merritt. And yes, I don't think I ever sold one quite that cheaply, but "open" cars (old racers) didn't bring much as they weren't very "practical"! (As if!) I sold many a car for $3000-4000, when the new price was around $12000.

 

I feel ill.

Ed, others... what was the lowest price on a running Ferrari buy or sale you made?

 

I sold a pretty nice 250GTE for $4000 in the mid to late 1970s

 

I recently found out that the car went from Collins to Dick Grone of St. Louis, then to Southwest Bank St. Louis, then to Bob Blaske of St. Louis, then to Ed Kaysing St. Louis, then to my Dad. We went to Bob
Blaske's house (he's 81) to get this info. He bought the car from the bank for $500. My Dad is the guy
who traded the original engine (it had a cracked block) to Dick Merrit. $500 bucks for the car guys!!!

-cliff reuter
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So is the original engine still around?
Does the car now have the 225S engine from 0168ED fitted?
What engine & box are in 0168ED?

 

0168ED has a 250 engine.
Don´t know the s/n.

Regards.
Cris.-

 

i turned down a good running 250 coupe in 1974 at $2500.00 because it had rusty[ish] wires....then i traded in my 56 speedster in [$2500.00 credit] for a new 2.0 914.....was i actually that stupid???

 

Driving the MM in that... <sigh>


Onno

 

RM confirms that this car has the original 225S engine from 0168. Surely it will get re-united post sale?

 

There is a fairly accurate story on this übercomplicated case in RM's on-line catalogue for their August 15 auction sale at Monterey (Lot #536). At least for the first question.

Good luck.

 

That would be a good move, but new owner of 0050 has to find a new engine.
It´s a nice puzzle.

 

This is a simplistic overview on the chassisnumber swab on these 3 cars.
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Very graphic Boudewijn.

BTW, does anybody know the original colour of 0168ED?
Regards.
Cris.-

 

*LOL* How funny. I just thought about Barbara Hutton today. She once visited some manors in the area here where I live. Her hubby and Lance's father, Curt Haugwitz-Reventlow was the brother of the owner of the Manor krenkerup. Would be nice to see some classic F-cars around that manor someday. it's strikingly beautiful!