RM Auction 2010

Lot 357: 1958 Ferrari 250 "Pontoon Fender" Testa Rossa (# 0738/TR)

$10,700,000 high bid, no sale

 

FXX EVO crawled its way to $1.75M. The slowest it has ever moved.

>8^)
ER

 

what did lot 340 a Aston Martin go for?

 

Lot 340 - 1963 Aston Martin DB4 Series 5 Vantage GT Coupe - $300,000

>8^)
ER

 

Thankyou.
cheap car.

 

Does anyone have a price for Lot 360 Calif LWB Spyder??

 

Has anyone seen results from the first night (Thursday) of the RM sale?

Cris

 

I'm guessing this may have been bought back by the owner, at this price, as a 'hold'.

 

Not much chance of that. He is dead. Car is now with a new caretaker.

 

Lot 360 - 1959 Ferrari 250 GT LWB California Spyder - $2,375,000

>8^)
ER

 

hammer price?

Elad

 

Yes - all the numbers I am quoting are the hammer prices so depending whose side you are on feel free to add or subtract the percentages.

>8^)
ER

 

ouch! i wonder how they will spin this one:

2010:
http://viewer.zmags.com/publication/55b81963#/55b81963/488

2008:
http://old.sportscarmarket.com/auctions/index.php?ID=117571

SAME CAR:
From 3.6mio in 2008 to 2.35mio in 2010. 24 months = thats circa 50k loss per month.

Market is off.

Elad

 

Hi Elad,
About this car, the value is in euro's pretty different. As the USD was in 2008 1.55 vs 1.28 now...also according to me the price of 3.6 mil was including the 10% and 2.375 not....
If you take this into account the price is about only 200k euro down.

Ciao
Oscar

Ps I am not trying to make things nicer as they are...

 

Yes, totally crashing... better get out quick while you still can... Dump your cars and go to all dollars... its the only safe bet and so much more fun than all these old clunkers...

By the way, I have had that Cal Spyder 3 times and remember well the first time I bought it circa 1997 or so for under $400K!

Sure hope it comes back again.

 

Bill do you know (and care to share) if many cars were sold into the trade, as opposed to end users, this weekend? My curiosity is to whether some of the prices should be considered "wholesale".
Thanks
David

 

Has anybody a price on the Jaguar ss100 that needs TLC, and how much did the peugeot pourtout go for.

 

Lot 373 - 1938 Jaguar SS100 3.5 Roadster - hammered at $220,000

Lot 337 - 1938 Peugeot 402 Special Roadster - hammered at $200,000 - was offered Without Reserve and an estimate of $425,000-$525,000 US

>8^)
ER

 

thanks,
The buyer of the peugeot got a good deal, it is a shame for the old owner , the car is worth more then 200.

 

A number of cars did go to dealers.

Best

 

Thanks.

 

I'm with you Bill. Having a big bank balance is so much more FUN than driving some old car that doesn't even have air con, ABS, power steering, even a bloody radio ........gees.

 

from a pricing stand-point, this year has the same feel as last year...no clear direction up or down. Some things sold fine; but the no-stories, big-money cars, that one would think would have sold very well, well it seemed as though they either struggled to reach low estimate (250 Sefac Hot Rod if you include buyer's premium), didn't sell (250 Testarossa), or sold below low estimate (375 MM, 250 PF Series 1 Cab.). The anomoly was the LWB Comp. Spyder that I actually thought would NS. So maybe the auction houses should re-think their estimations. There also were, like last year, a number of lots not selling.

 

Price seems a bit low for a Daytona Spyder #14543 with an interesting history...
CH