Yeah, my feed was so bad I had to quit, so this is what's keeping me updated. Wondering what the Aerodinamica will go for...
No problem, guys. I was having trouble with the feed too, so I ended up following it on multiple devices at once. In a one-post summary: 1969 FERRARI DINO 206 GT Chassis no. 00338 $520,000 + commission 1969 FERRARI 365 GTC Chassis no. 12655 $780,000 + commission 1962 FERRARI 250 GTO Chassis no. 3851 GT $34,650,000 + commission 1978 FERRARI 312 T3 Chassis no. 033 $2,100,000 + commission 1958 FERRARI 250 GT SERIES 1 CABRIOLET Chassis no. 0759 GT $6,200,000 + commission 1953 FERRARI 250 MILLE MIGLIA BERLINETTA Chassis no. 0312 MM $6,600,000 + commission 1968 FERRARI DINO 166/246T Chassis no. 0008 $1,100,000 + commission 1981 FERRARI 512 BERLINETTA BOXER BELLANCAUTO Chassis no. 35529 $900,000 + commission 1969 FERRARI 365 GTB/4 COMPETIZIONE CONVERSION Chassis no. 12765 $850,000 + commission 1962 FERRARI 250 GT SWB SPECIALE AERODINAMICA Chassis no. 3615 GT $6,250,000 + commission
Auction results from the Maranello Rosso Collection: Bonhams Auctions Maranello Rosso Collection Results | Cavallino - The Journal of Ferrari History
surprisingly low prices on the 365 GTC and the GTO. No? I had a lot of echo in my live audio feed. anyone else? Also, some of the extra "audio tidbits"...flares, rocket sounds, etc were cheesy, INHO
It's a conversion, so more in line, I guess. My favorite car of the whole lot, including the GTO, was the Aerodinamica. The 250MM a close second.
This was $10-$30M less than I'd expected. Though I am clearly not qualified to name prices, I'm surprised that a few more of the world's billionaires didn't choose to fight it out here. The 250MM, the SWB Aerodinamica and the 250 PF Cab were all less than I'd have guessed, not to mention the 1/3 off GTO... Perhaps the publicity kept them away (I wouldn't want that on my back)? Or the fact this is on the first night of a weekend with tons of other blue chip cars, including many top level Ferraris? Or the chatter about issues with Bonhams? I just can't see "correction" yet.
Agreed on that, it was my favourite car of the lot too. The GTO price was a surprise and some of the other prices were lower than expected. Perhaps its too soon to do a market assessment but lets see after the weekend but I get a feeling there is going to be a softening in prices.
There certainly was a general feeling of disappointment among the crowd in attendance with quite a few cars closing below the low end of Bonham's estimates.
A good figure the GTO sold for. Anymore and the market would be over stretched, any less and it may effect the whole apple cart. Now it is up to the remaining days at Pebble Beach for the car there to set the tone for the coming year. I would say that the cars sold at Bonhams averaged out at current market values or maybe slightly, but very slightly down. It will be interesting to see what the other eight figure cars at Pebble sell for. Then and only then will the stage be set.
Mostly agree with you. I did think the 250 GTO was on the 'slightly light side' though. Lets put it this way. For the owners of top quality cars in the world, they are more nervous today than yesterday. Only in regards to the pricing though. And only for those who are thinking about selling soon. For long terms collectors this auction is largely irrelevant
I don't think a "pause" during the biggest auction weekend of the year would necessarily be a bad thing. These cars deserve to be appreciated, preserved and collected like fine art, not mistreated like stock trades.
whi;e a pause would be welcome at some point...it may even be healthy, this is not the week when the market wants to see it!! I think this bodes poorly if you are a seller.
