My folks first house cost $11,750 in San Francisco in 1961. Adjusted for inflation, $14,000 in 1963 is equal to $115,700 in 2019. (~3.8% inflation) I love the "most reliable" bullet. Obviously this car was still a ton of money though. Hear you on the "if only."
Yet if invested in the Dow Jones index would only grow to about 3.45 million. Ferrari beats the DJIA ! Sent from my iPhone using Tapatalk
Spencer Buick was an official Ferrari dealer in San Francisco 1963. Do a search on fchat and you can find out much more. Marcel Massini
Interesting article,which is from 2018,on some of the big Ferrari collectors.This is old news of course for Marcel... https://newatlas.com/ferrari-250-gto-monterey-2018-auction/55135/
Info in that article is hopelessly outdated (also for 2018 standards) and not accurate in at least three cases. Marcel Massini
Bev Spencer's son - Roy Spencer created a book in 2013 on his fathers Ferrari experiences. He ran a crowdfunding campaign on Kickstarter to publish the families photo archive. https://www.kickstarter.com/projects/258943649/motorbinder Image Unavailable, Please Login
According to Barchetta, someone paid $14,000 for it in 1963 and sold it for $12,166 in 1964. They lost money on it! http://www.barchetta.cc/english/All.Ferraris/Detail/4219GT.250GTO.htm
