LOTS (pardon the pun) of GTC coming up for sale

Interested to see what happens at Pebble with such a high number of GTC's going under the hammer.

They seem to have slowed in recent months with a non sale at Newport Beach and a number of dealers marketing them for a few months now.

Have they reached their ceiling??

 

Have you sold the Tandy car yet ?

 

I know of three so far for the MRY/PB auctions. Is that "a lot" or "lots"?

Marcel Massini

 

Bonhams x 2
Gooding x 2
RM x2

I think it's a lot for 3 days of auctions

 

So what does this mean the fact that there will be 6 on offer at the Pebble sales? Most owners have $50-$220K in their 330 GTC unless the cars were bought more recently. There could be lot's of reasons why the cars are being sold, but I can see certain owners wanting to cash out due to the current valuations and move the cash into other acquisitions.

 

N=6 should provide better-than-usual visibility on GTC pricing. Although, ironically that is <1% of cars produced, right, so actually _fewer_ cars proportionately than many others on the block...

 

Better than usual visibility I would agree with.

Consider that there are also a number of GTC publicly advertised today also.

There are a few GTB's for sale but very few are being openly advertised.

The prices to appear to be all over the place for these at the moment in my opinion.

 

With so many cars coming up for sale in the same week, and several well-publicized cars remaining for sale for an extended period at highly-visible dealers at this time, I would expect to see some no-sales (in the case of owners whose expectations may have been set too high), and then some more realistic results (for owners who are willing to let go at a real market price).

Michael

 

And Edward is one of those highly visible dealers.
How coincidentally quaint to start a thread like this when he is looking to buy such a GTC ...

 

If memory serves, a few years ago they sold 6 275 GTBs the same week in Monterey. Different car, different market, but "6" is not an unheard-of number of examples. Also consider there are probably 50-75% more cars being offered for sale in Monterey when compared to a few years ago.

 

I am indeed looking to buy one and I am interested to see if people feel the market will move on for these at Pebble or perhaps slow.

 

OK armchair experts, so what is a GTC worth now??!? For your perusal (all prices including applicable buyer's premiums, but not any sales taxes):

-330 GTC 10105 SOLD Bonham's $467,500
-330 GTC 09125 UNSOLD Bonham's (est. $475,000 - 550,000)
-330 GTC 11517 SOLD Gooding $946,000 (est. $500,000 - 600,000)
-365 GTC 12191 UNSOLD Gooding (est. $800,000 - 900,000)
-330 GTC 10745 ?? RM (est. $425,000 - 525,000)
-365 GTC 12203 ?? RM (est. $800,000 - 1,000,000)

If anyone can supply the applicable RM results that would be appreciated, as I wasn't there.

 

The 365 GTC offered at RM hammered sold at 690k.

 

11517 is anything special?

 

Extreme restoration apparently. I wouldn't own just because of color (fly yellow?) but to each his own. Certainly a very strong price; world record?

Complete with Books, Tools, and Restoration Records
The First Ever 330 GTC Invited to Pebble Beach
Two-Time Platinum Award Winner
Stunning Junior Conway Paintwork and Tony Nancy Interior
Ferrari Classiche Certified
Documented by Ferrari Historian Marcel Massini

 

Likely the best so far.....but there might be a nicer one coming....right Mike?

 

Yours was not so bad.

 

Curious if anyone knows what country the Gooding GTC at $946k went to?
That's a shocking number compared to the others.

I understand it was nicely restored, but $500k buys a LOT of nice.

 

Talacrest sold 2 365 GTCs at the weekend.

 

Do you know which SN# and what price?

Thanks,
Alex

 

One of the cars was RHD #12601. See here: Ferrari 365 GTC - For Sale At Talacrest

I do not know the prices and don't have details of the other car. It hadn't yet been placed on Talacrest's web site before being sold.

 

1967 Ferrari 330 GTC for sale: Anamera

Market moves on apparently.

We all know what they paid for the car and here it is a few weeks later at circa $300k more.

 

I thought 10105 was well bought at the Quail.
It seems like a very nice car, numbers matching, nice original colors, tools & books, Borranis & Chromadoras, good history.

Good for Fantasy Junction.

 

I agree, was probably the buy of the weekend vs it's comparisons.