Dino 04330 sale at Bonhams - 9/11 $257k

Sold for £164k or roughly $257k at the exchange rate current for 9/16/11

Description:

Lot No: 216

One owner, 30,000 miles from new
1972 Ferrari Dino 246GT
Coachwork by Pininfarina
Registration no. JKH 283L
Chassis no. 04330
Engine no. 04330


Sold for £164,300 inclusive of Buyer's Premium

Footnote:
A 2.4-litre version on a longer wheelbase - the 246GT - replaced the original, aluminium-bodied Dino 206 in 1969. The body was now steel and the cylinder block cast-iron rather than aluminium, but the bigger engine's greater power was more than adequate compensation for the weight gain, the Dino's top speed increasing to within a whisker of 150mph. While not as fast in a straight line as its V12-engined stablemates, the nimble Dino was capable of showing almost anything a clean pair of heels over twisty going. Truly a driver's car par excellence.
This superb Dino 246GT was ordered from Maranello Concessionaires by the current vendor (a retired architect) on the 27th March 1972 and comes with the original order, in the original owner's wallet, and all related correspondence. It was agreed with Maranello and Ferrari that he would personally collect the car from the factory in Modena, which was done later that year. The original documents relating to the trip, including the original autostrada toll card, are in the owner's wallet also. Maranello took the vendor's Mercedes-Benz 250SE in part exchange.
The owner drove the Dino back to the UK and has been its sole driver since purchase. Some 30,000 miles were covered from 1972 to mid-1975 when 'JKH 283L' was garaged because of excessive corrosion to the rear wings and under-tray fixings. In 2000 the car was stripped down to the chassis and a complete 'bare metal' restoration commenced. The original body was recreated wherever necessary (mainly at the rear end) with appropriate metalwork and solder, and carefully built up from there. Other areas of the car were so badly corroded that, where possible, replacement parts were obtained from Ferrari, including new brake discs, brake pads and shock absorbers to name but a few. All parts were stripped, serviced, rebuilt and reinstalled. The original seats have not been replaced or re-upholstered, while all the interior fittings are likewise original.
As an example of improved specification: the under-tray's aluminium pop rivets have been replaced with stainless steel items, as has the exhaust system, which is an exact copy of the original. Extra coats of paint have been applied to the body to ensure a superior finish. Unfortunately, during re-assembly the original rear windscreen cracked and after waiting three years for Ferrari to produce one, the owner was forced to obtain a replacement from Dino Parts in Germany. Although in perfect order when garaged in 1975, the engine had stood idle for some 25 years and so was totally stripped by specialists and all moving parts checked for trueness using a micrometer. Everything was found to be in good order and the engine reassembled.
Meticulously, faithfully and painstakingly undertaken, as it should be with such a car, the rebuild was finally finished in 2011, since when the Ferrari had been kept garaged and not used. At time of purchase the owner specified headlight covers and a badge bar, which were fitted by Maranello Concessionaires, but has not refitted these in order to leave the car as it was when collected from the factory in 1972. Those items are still with the car should the new owner wish to reinstate them. The original owner's manual, sales brochure and 1971 Motor road test report are with the car also, as are most of the original tools and jack, all in the original cases. Most bills are available and the Dino also comes with Swansea V5 document and current MoT/tax and thus is ready for the road.
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