My guess is this car will almost certainly be a 'Reserve Not Met'. Mecum is famous for dangling unobtainable/attention getting candy (for the press and eyeballs) that he has ZERO intention of actually selling. .
the owner is 87 If it does not sell, the car will go to his children they will sell it for less, as they want the money so why should he keep the car?
Selling a high profile car at auction may impact the market (if the price is lower than expected), which is not in the best interest of the auction house. So they could set a reserve too high, the car is RNM, but nothing prevents a sale behind closed doors at an undisclosed price - which has no impact on the market. And in the end everybody is happy...
There was some gossip that the RNM no sale of the ex McQueen Porsche 917 this year was just Jerry Seinfeld’s way of making a point to the insurance company regarding the car’s true worth. No idea if true, of course, but if so one can see how a no sale can bring certain advantages…
Ferrari 250 SWB Breavan Sn 2819 GT and Ferrari 250 GTO Sn ? Ferrari 250 GTO Sn Silverstone © Lobo7 Image Unavailable, Please Login Image Unavailable, Please Login
This lower picture is certainly in France, since there are lots of French cars and trucks (from a time when most cars were not imported). Even the (Piaggio) Vespa 400 was actually manufactured in France, my grandmother had one for a time...
My feeling also, van with Paris plate, left hand drive station wagon etc. Could be Linas Monthlery or Reims for example.
Service course van ,also see during the Tour de France ,Le Mans . Could it be a Le Mans parking ,car from one of the drivers during April practice but not used ?
Vintage Ferrari Market >>> Mecum to offer 250 GTO 3729GT https://www.ferrarichat.com/forum/threads/mecum-to-offer-250-gto-3729gt.709254/ .
Joe Sackey ........ (old photos already posted?) >>> photog - https://www.instagram.com/spencermodes/ more here >>> https://www.instagram.com/p/DNOUmfxPNbk/ Image Unavailable, Please Login .
Yesterday in Romanshorn, Suisse. 330 GTO ??? Daniel Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
@Wi11am will know this. It was just Pedro Rodriguez driving 1962 model 250 GTO 4219 GT, coloured red, who won the 1963 Daytona Continental (3 Hours). Phil Hill was not driving.
Why should someone accept a non-original (new) engine from Ferrari Classiche and pay $50m+ for a car? For that $$$s everybody should expect a car that is 100% original. Not to mention that its a RHD-car...! Kidston could not sell it so it will be interesting to see what happens with it with an auction house that has -to my humble knowledge- no experiance with these kind of highest value cars. Anybody to sell his Picasso at Wal Mart...?
While you Sir undoubtedly have more experience & insider information with this level transactions than most here, including me, I was just wondering if Kidston or the owner of the car at that time shared with you former’s failure/inability to sell the car ? Couldn’t they have agreed to sell, maybe even at a discreet “cash discount”, or trade it to whoever has now consigned it with Mecum auctions, perhaps Mr. Mecum himself ? Just mildly curious (and no, I’m not in the “market”, so none of this makes any difference to me).
Sir, the car was for sale with Kidston for a longer period. No, Kidston nor the then-time owner shared any infos with me - but I got infos from some very well known Ferrari specialists/brokers who know a lot about this GTO. Yes, seems that the car is now owned by Mr. Mecum himself. And as a broker of high value Maserati, I can tell you that my experiance is, that its highly unlikely, that someone who want to spend such money into a car accept it with a new motor, no atter if Ferrari certificated or not. But: stupid money is still everywhere....
Thank you for expanding on your insight. So it is possible (?) Kidston may have been able to sell the car after all, but perhaps not at the “rumored” asking price ? Although each have been less than seven figures, I’ve been involved with hundreds of vintage car acquisition/sales transactions in 40+ years, but in my mind “asking price” has never been an important concern or indicator of “value(?)” There’s been occasions I have managed to buy a car for 70%-80% off their initially/supposedly “firm” asking prices and many more at +/-50% below it. OTOH, on few occasions, I’ve paid more than (perceived) “market value”, not only because I really wanted them, but also due to knowing/understanding they were very much exceptional specimen that may not necessarily come available for decades or ever in my lifetime. But then again, I’ve always acquired all my personal cars for me, not for what others think of them or what their future values may or may not be perceived to be.
Also, whenever I’ve had to sell any of my personal vehicles, be they daily drivers or vintage cars, I’ve always managed to do it within 0-5% of my “asking price”, regardless of what so-called “(perceived) market value” might be and in almost all cases promptly to either the first person I’ve offered it to or first whoever responded to its for sale ad indicating what I thought is/was a fair price for that particular example.
