What Happened with Dino Values!!!

"Also, if the highest bidder, i.e. an entity willing to pay more than all others for a given auction consignment is considered a "Winner", does that make the 2nd highest bidder along with all others not willing to pay that much (and the seller) "Loosers" ? "

No, they came in 2nd

Just as in races, in F1 they are happy if they score 1 point...

Regards, Alberto

 

... and do these 2nd, 3rd, etc highest bidders get to stand on the podium and enjoy festivities with Champagne, etc ?

And what about the Seller, especially if RNM ? Winner or looser ?

 

i may not have all the answers you are seeking but in the many in-person and online auction i have particiapted in there are a VARIETY of facotrs affecting value that might not even be related to the underlying intrinsic value of the car. That can be any of the following: who is in the room? is the car presented even at the right auction? How compressed is the decision making? I find the online SOOOO much more helpful in both eliminating a portion of risk by mimicking a PPI if experts are attending (usually in P, F or Healey auctions) then as specifically to BaT, the quantity and quality of pix presented, often by 3rd party photogs who are trained to spot and point out issues. Related to values or not? Of course all of it is.

 

Thanks, but with all due respect, none of this ^^ is really offering anything new or insightful nor address the questions I proposed to FChat (Dino) market/speculation experts.

 

No, the second and third don’t get to stand on the podium, except commiserate that they didn’t win. There will always be another option with another auction if ever.
And as far as an auction house, I have no clue

 

then I am afraid, crickets will continue, and I seriously doubt that there are speculation experts, as there are not commodity traders with a crystal ball

regards, Alberto

 

Some of the comments seen shared here could fool one believe there are several.

 

But since you’re not satisfied from any of the responses, then I can only assume that they are not experts.

 

Where else but Gullwing?


‘Cheapest you’ll ever find,’ cry drivers of 1972 Ferrari on sale for $120k – but fans fear iconic Dino is ‘unrestorable’

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https://www-the--sun-com.cdn.ampproject.org/v/s/www.the-sun.com/motors/11364476/ferrari-dino-classic-car-fire-new-york-restoration/amp/?amp_gsa=1&amp_js_v=a9&usqp=mq331AQGsAEggAID#amp_tf=From%20%251%24s&aoh=17162452885580&csi=1&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fwww.the-sun.com%2Fmotors%2F11364476%2Fferrari-dino-classic-car-fire-new-york-restoration%2F

 

Realistically what else but the VIN plate can be used from this car. Surely the rust has penetrated even the deepest recesses of the motor and the body presents no usable parts. A frame would be easier to fabricate than to use what this one offers.
What price for a VIN plate of a Dino... my guess is $10k or so...

 

Be sure that your tetanus booster is up to date before viewing these photos.

 

https://bringatrailer.com/listing/1971-ferrari-dino-246-gt-4/

Well bought IMO, I actually expected it to bring more.

 

Fully agree, was very well bought.

 

RM sold a '74 GTS with 7k original miles - 775K

https://rmsothebys.com/auctions/dd24/lots/r0034-1974-ferrari-dino-246-gts-by-scaglietti/

 

1. Although a lovely car, orange just doesn’t hit the spot with some buyers.

2. Lovely and currently desirable color with nut&bolt resto, Euro spec= Grand Slam.

 

M Series vs. E Series. I personally like the colors of both cars(and do not care for Daytona seats in 246s). In this context the M Series was a screaming buy.

 

Mostly I assume that a 'new Dino' warrants an extra +150k /200k difference.
How much is a 100% resto? + base car + net earnings.

Regards, Alberto

 

The $650 sale had a $250 restoration

 

Then I can assure you the car was not bought at $400K.

Regards Sal!
Alberto

 

Profitable sale or labor of love?

 

Profitable sale

 

My Honest opinion, is the Rosso Dino was a huge value to the buyer and the OMGJon process paid for years ago, which is why the seller let it go.

It is crazy expensive in today’s world (and what isn’t) to do this type of restoration.

 

???

Other than (understandable) inflation on labor and part costs, there's no difference (i.e. "crazy expensive") between "today's world" or any other time in the history "to do this type of restoration".