Three Maranellos at Mecum Anaheim tomorrow (Saturday)

Another Argento 2003 575M F1 going under the hammer tomorrow in the UK.

https://www.silverstoneauctions.com/2003-ferrari-575-f1

 

Great looking 550!!

 

Patrick- Please let us know results. Mecum had good results at Monterrey.

 

was just bought a couple weeks ago:

1999 Ferrari 550 Maranello Serial Number 114367 - main page

now at mecum:

https://www.mecum.com/lot-detail/AN1115-236314/0/1999-Ferrari-550-Maranello-Coupe/6-Speed/

 

I thought I recognized that one....

 

erik, good eye. I even saw that one on Sheehan's site.

 

If 114367 goes for significantly more under the hammer than the $129K that was being asked a couple of weeks ago I bet the previous owner that sold through Sheehan won't be very happy!

 

sheehans lovely asst told me they priced that car for FAST sale.. whatever that means

 

It appears to be a very nice car and well priced through Sheehan. A complete, well maintained car in desirable colors like this could easily go well past $150...or not...
Will be interesting to watch!

 

I will be surprised if any of them brings decent money at a Mecum auction. Mecum usually only draws buyers for muscle cars and pickup trucks. I watched the Mecum auction last night (Friday) and their were very few people in the seats and they didn't run but very few Ferraris, Aston Martins, Bentleys, Rolls Royce's or Porsches until after 10 PM pacific time, nearly everything before that was Mustangs, Cameros, a few Mopars and pickup trucks. Two Ferrari 430's "one coupe and one spyder" brought just over $100,000 and a very nice looking 348 only brought $37,500. I don't remember the exact prices but this was the price range.

 

Mecum sold a three pedal 575M for $385K at Monterrey, so good prices for these Maranellos would not be a surprise.

 

from looking at mecums website and online streaming video it looks like no one is bidding on MANY of the cars. very few of the saturday cars are selling.. strange...

 

575M F1 sold for 92k

 

thanks for posting

 

Like someone else said, lots of empty seats, and low bidding activity.......

Slowdown in the car price/buy craze ? Even though they do not have many
exotics, seems a big slowdown on toy buying....

 

Maybe. Or This auction is not representative of the market. I think someone stole that 575 at 92K

 

Thanks for the results. Good deal on the 575M.

 

How many miles on Barchetta?

 

The ex-New Zealand RHD 2003 Argento 575M F1 sold for £70,313 incl. (£62,500 hammer) in the UK yesterday.

https://www.silverstoneauctions.com/2003-ferrari-575-f1

Might have made more if is was ' all black' !

 

You have to wonder if bidders were already aware that the 550 was sold recently with an asking price of $129K. The $130K bid would have been $143K with fees. Doesn't seem too bad a bid for a 22K mile example considering these circumstances.

 

The bubble is about to burst IMO.

That said, I'd gladly pay $92k for that 575M F1.