https://rmsothebys.com/en/auctions/ca18/the-petersen-automotive-museum-auction/lots/r0010-1972-ferrari-dino-246-gt-by-scaglietti/724100 Peterson Museum - I think I will be attending Estimate is 250-325
I have just re-read the auction particulars. It doesn't actually state that the paintwork colour is original, but it certainly gives that impression. I wonder what else is non-original? What does "never fully restored" mean - everything but the steering wheel, perhaps?
I'm not sure, but like Bluebottle, I find the wording a bit ambiguous: "according to the Bill of Sale on file, it was still finished in its current color scheme of grey over a grey leather interior," There are no side marker lights (US or Euro) so it's been repainted. I'm not an expert but, I don't think the steering wheel is correct, wheel center caps, books are wrong, door speakers and panels, some really minor things like hoses, missing washer bottle (I think) cover for brake reservoir, etc. It still looks like a nice car overall. Lack of shots underneath, so it's hard to tell. The way books were thrown together makes me wonder if they're intentionally being misleading about other things.
"[o]riginally outfitted with . . . Campagnolo wheels": not without flared fenders. And what are "Michelin SWX tires"? Sure look like XWXs to me . . .
I thought the original Campy wheels said "Dino" on them. Mine do but sometimes it's hard to have "chiseled in stone" rules with Ferrari production.
"Its factory toolkit" looks like one from a 308 to me. And the document wallet is clearly not from a Dino. I concur. The descriptions from this auctioneer are frequently inaccurate: they are either careless, clueless, or crooked.
It says in the description: “Completed by the factory in September 1972, this ‘E-Series’ Dino 246 GT was originally outfitted with factory air conditioning, power windows, and Campagnolo wheels.” Photos show normal flares. Were Dinos supplied from the factory with Campagnolo wheels and normal flares? https://rmsothebys.com/en/auctions/CA18/The-Petersen-Automotive-Museum-Auction/lots/r0010-1972-Ferrari-Dino-246-GT-by-Scaglietti/724100?&utm_source=rmsothebys.com&utm_medium=email&utm_campaign=CA18&utm_term=CA18_OldSchool&utm_content=lot_image&_cldee=ZnJlZW1hbnRob21hc2Rlc2lnbkBnbWFpbC5jb20%3d&recipientid=contact-65fcf4663c5ce211a36214feb5caa464-d7c139bf93154eaca0342091d280d909&esid=f8165778-bef8-e811-821a-000c2971a03a Freeman
Many incorrect details: wheels, interior color, side marker lights removed, 308 tools, manual set just for starters. I am digging that Realistic sound system.
RM is 12% buyers premium on first 250k, then 10% afterwards --- so all-in purchase price on 225 hammer is 252k!
RM may have dropped the seller's commission to hammer the sale. I didn't watch the entire auction but saw several No Sales. Here are the unsold lots: https://rmsothebys.com/en/home/still-for-sale/ca18
Too many question marks apparently, iffy cars bring iffy prices. Compare this result with that of 03550 on BAT--the high bid of $243K(if genuine) looks "generous" next to 04396.
I don’t see any major issues with the core car from the description and photos. Sounds like it has its original motor/gearbox. 30 year previous ownership is also a plus. I also don’t have an issue with a color change as long as the new owner likes it. I think it’s an appealing color for a Dino. Removing the side marker lights is, again a personal choice. Can be reversed if desired. Same with the radio, toolkit and manual set. I like the look of the Campys even if they are repro. Like the BaT Dino, this looks like a perfect car for a grassroots enthusiast. Bought well, sold well? I’m sure both are happy.
The estimate on the car was $250-300k and it sold all in for $263,200, so they weren’t marketing it as a concours car or expecting top level pricing. I’m sure it will be a nice driver or restoration candidate at a fair price.
I feel like 252K is soft for that car - But I will also offer that the Petersen Auction is a strange affair - I like the museum and there are plenty of car collectors in LA - but it never feels to me like it's a an event that people plan for - the January auctions seem like the events that better set the market - just my opinion But I would never sell my Dino at the Petersen Auction - and I would attempt to talk a friend out of it as well.
