250GT PF desirability and future investment

Hello ,

Am thinking of buying a 250GT PF as it's the only 2 seater from the 250 family that's close to 1mill $ today. The rest are far more expensive . Is there a reason for this ? Can anyone advise on where they think this model is going value wise medium to long term . It would be more of an Investment buy for me.

Rgds

 

I bought mine a few years ago for the exact same reason---only 250 two seater that was affordable. The 250 engine is a classic in the Ferrari line. But, buy this because you like it and not only for "investment".
Being a dealer in rare coins, the ones who do very well are who buy what they really like. People who buy "only for investment" usually do not do so well. Plan on a long term ownership, not just a few years.
Ken Goldman

 

I'll try to respond to the question. The PF coupe is a successor of the Boano and a contemporary of the TdF Berlinetta, both of which are considered to be much more "racy" in appearance. In the 60's, the PF was thought to be a bit stodgy. Now, they are coming into their own as a classic style, but still, in my opinion, suffer from that old 60's prejudice. We are only talking of appearance; they drive much the same as the others mentioned.

Remember that the PF's come in two series. The early ones, up to around S/N 1400 or 1500, had "inside plug" engines, four speed trans, and drum brakes. Later cars had the (IMO) improved engine, 4 plus OD trans, and disc brakes. Ken likes early; I prefer late. I don't think the market cares; condition is far more important then series.

 

ZV, make sure to check out this before you commit. No affiliation.

1959 Ferrari 250GT PF Coupe For Sale in Astoria, New York | Old Car Online

john

 

That seems like a lovely old car. I hope someone doesn't buy it and over-restore it!

 

Gents thank you all for your insights . Much appreciated.

Cheers !

 

I love the roof color, nocciola ?

 

It's roof color isn't original. It should be gray.

The car needs a fair amount of work too.

 

Did they make only about 353 or so? Not sure why I think that. I thought they were great in 2001 at less than 80k. Princess Grace comes to mind when I see these. Wow look at them now.

 

It's believed that about 150 PF's still in existence. 3 years into it and almost ready.
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Gene, good choice of color, the combination works great.

john

 

Thank you John

 

Personally I think the 250 gt pf coupes are very undervalued relative to the others.

They basically are a TdF in a different body style. The wheel base and suspension and brakes are the same. Granted they lack the competition engine (one actually has it) and weigh maybe 100kg plus more. As they evolved to the disc brakes and 128f engines (which is similar to a 168), that was the same as the early Cal Spyder LWB (128f) and SWB berlinetta's (168's being the same as the 128f)- again minus the high lift cam, higher compression, maybe different carbs, etc. Except for the alloy body ones.

My point is the driving pleasure of a 250 is completely present. They do weigh more than the steel bodied berlinettas, and certainly more so than the alloy ones.

They importantly don't have the race history and are more subdued but still elegant looking, but that should not make a 10x plus difference in price.

 

Very good write up. I heard that the PF's are quite nimble and perform like the TDF's as the drum breaks series one car in the picture. Great for rallying as they're quite light. Value is still reasonable for a 2 seater 250 Ferrari.

 

The series 2 is getting similar to a transitional berlinetta or a LWB cal spyder, less the hotter spec engine and again heavier or steel vs alloy.

Importantly, in my view, you get the full 250 experience which is Ferrari at its best.

 

Anyone care to explain the 250 vs 365 experience? values aside? thanks,
Jack

 

What city and state are you located in may I ask?

 

I had to take another look at it on Gullwing's site-- still for sale. Regardless of all that, I love that car.

 

Graceful things for sure, a poster above mentions Princess Grace coming to mind. There is a feminine aspect to PF coupes. Its a car that makes me think of film stars and old Hollywood rather than race tracks and rain. I can imagine non "car people" with a keen sense of retro style falling for these, but how many non car people spend such money on a 60 year old car?

 

To qualify the above, I would have one in a heartbeat, whats not to like about retro Hollywood style?

 

I think that the Pf Coupe is a terrific car, and I am an enthusiast dedicated to the Enzo-era Ferrari. Having said that the collector car market has undergone a demographic shift and these cars are not high on the lists of the newer collectors. Not to disparage the Pf Coupe but I don't think that they will ever be worth more than they are today. If you are looking at the car primarily for investment I would look elsewhere. My 2 cents.

 

I'm currently project managing the restoration of the world famous 250 gt pf coupe that was found in an apt in Hollywood 6 months ago. It will be restored to factory correct concourse condition. This 250 was originally owned by John Von Neumann (West coast Ferrari distributor) and has a splendid documented history going all the way back to the early 60's.

If there is any serious interest from anyone anywhere in the world please let me know now while it is in the very early stages.

PM me for quickest response thank you.

 

It's interesting that the door trim on some of these early cars is in body color and black in others, like the trim in the white/gold car.

john

 

How much undisturbed originality the car still has ? If it hasn't been subjected to a one or more full or partial (cosmetic?) restoration before, is still complete with its original componets and in relatively good condition, I would think there's potentially much higher value in preserving its originality rather than erasing all that with (yet another) complete "concourse" restoration.