250 GTO at no reserve at Quail - BONHAMS | Page 10 | FerrariChat

250 GTO at no reserve at Quail - BONHAMS

Discussion in 'Vintage Ferrari Market' started by Onebugatti, Jun 30, 2014.

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?

what will 250 GTO #3851 auction for at Bonhams' August 15?

  1. <= $20mm

  2. $25mm

  3. $30mm

  4. $35mm

  5. $40mm

  6. $45mm

  7. $50mm

  8. $55mm

  9. $60mm

  10. $65mm

  11. $70mm

  12. $75mm

  13. => $80mm

  14. no idea

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  1. SefacHotRodder

    SefacHotRodder F1 World Champ

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    WOW. What a deal! :D
     
  2. merstheman

    merstheman F1 Rookie

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    Maybe started too low at 10M?
     
  3. ggjjr

    ggjjr Formula Junior

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    34.3???
     
  4. readplays

    readplays F1 Rookie

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    Creeping up in $50,000 increments. Currently at $34,350,000.
     
  5. merstheman

    merstheman F1 Rookie

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    The auctioneer has charisma hahaha said 34.350 wouldn't look good on the press release, how about 34.5
     
  6. S Brake

    S Brake F1 World Champ

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    Anyone else keep losing video?
     
  7. SefacHotRodder

    SefacHotRodder F1 World Champ

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    So much for 75 mil
     
  8. SefacHotRodder

    SefacHotRodder F1 World Champ

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    Once just now, yea
     
  9. alexwagner

    alexwagner Formula Junior

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    this is killing me! lol
     
  10. Peloton25

    Peloton25 F1 Veteran

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    Didn't expect it to be nearly this much of a struggle.

    >8^)
    ER
     
  11. SefacHotRodder

    SefacHotRodder F1 World Champ

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    WOW. Great deal! :)
     
  12. readplays

    readplays F1 Rookie

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    Sold. 34,650,000.
     
  13. Peloton25

    Peloton25 F1 Veteran

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    So $38,115,000 with Premuim, if it was 10%.

    >8^)
    ER
     
  14. merstheman

    merstheman F1 Rookie

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    Wow, that was 30 million less than what I thought it would be. Amazing. Wonder what the repercussions will be...
     
  15. SefacHotRodder

    SefacHotRodder F1 World Champ

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    Seriously.
     
  16. readplays

    readplays F1 Rookie

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    So how much of this is the history of the car and how much of this is the current state of the market?
    It will be interesting to see how the rest of the lots do.
    This can't be a strong number for Lot 3.
    Undersold the last 3(?) GTO sales?
     
  17. DennisForza

    DennisForza Formula 3

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    So, an indication of market stabilization?
     
  18. pappy.72

    pappy.72 Formula Junior

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    Anyone want to guess where it went? I am thinking China or Japan.
     
  19. thecheddar

    thecheddar Formula 3

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    Hard as it is to say at $38M all in, that was WELL BOUGHT!
     
  20. alexalex88

    alexalex88 Rookie

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    Is the bubble due to burst? Would this be one of the firsts symptoms? Impressive low final bid according to the amounts that were previously on the table...

    Awesome deal anyway.
     
  21. SefacHotRodder

    SefacHotRodder F1 World Champ

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    I wouldn't say "bubble burst" yet but maybe more of a market correction
     
  22. ARTNNYC

    ARTNNYC F1 Rookie Owner Rossa Subscribed

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    I think 38 million is a pretty big number for a car with only OK racing history
     
  23. bcc

    bcc Formula Junior Silver Subscribed

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    About 5% of the respondents were close
     
  24. Timmmmmmmmmmy

    Timmmmmmmmmmy F1 Rookie

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    Did I hear him say a European bidder ?
     
  25. Thomas Magnum

    Thomas Magnum F1 Veteran

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    Isn't $38M a record for car at auction? Seems the other cars in the lot are doing pretty well.
     

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