Dino auctions at Scottsdale 2018 | FerrariChat

Dino auctions at Scottsdale 2018

Discussion in '206/246' started by Skippr1999, Jan 14, 2018.

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  1. Neelfryer

    Neelfryer Formula Junior

    Jan 11, 2017
    344
    Beverly Hills
    Full Name:
    John
    i will be there - I want to try to see a few of these run

    my fingers crossed that the Dinos push up a bit - let's see
     
  2. Skippr1999

    Skippr1999 F1 Rookie
    Silver Subscribed

    Dec 22, 2009
    4,510
    Please give us info while you’re there.
     
  3. 375+

    375+ F1 World Champ
    Silver Subscribed

    Dec 28, 2005
    13,649
    All three auctions are streamed live online.
     
  4. Neelfryer

    Neelfryer Formula Junior

    Jan 11, 2017
    344
    Beverly Hills
    Full Name:
    John
    i will do my best to report but i will be at Barrett Jackson for the majority of my time as I am selling a car

    lot #1341 if anyone needs or desires a 1970 chevelle custom convertible - LS9 - ridiculously engineered and built - 3000 shop hours etc - almost 3 years in process
     
  5. Skippr1999

    Skippr1999 F1 Rookie
    Silver Subscribed

    Dec 22, 2009
    4,510
  6. miurasv

    miurasv F1 World Champ

    Nov 19, 2008
    10,750
    Cardiff, UK
    Full Name:
    Steven Robertson
  7. Skippr1999

    Skippr1999 F1 Rookie
    Silver Subscribed

    Dec 22, 2009
    4,510
  8. Neelfryer

    Neelfryer Formula Junior

    Jan 11, 2017
    344
    Beverly Hills
    Full Name:
    John
    so far ...

    418k - for the red 1969 206 GT

    462k - 1972 - 246 GT - hazelnut metallic (gold-ish) restored to high level

    341k - 1974 - 246 GTS - dino blu - (John G's resto) that price means it was hammered at 310K

    484K - 1974 GTS - yellow over tan - (chairs and flairs) hammers at 440K

    I assume all buyer's premiums are 10% and I have to consider the final number - including the premium included in any current market value

    As a bidder (a rare one at that) I am always a seller at auctions - but as a bidder you have to be calculating the premium into your bidding strategy

    Not to mention the fact that you pay state tax on the spot (for the most part - unless you have a wholesale license) so no under reporting on the sale price

    So it would;d seem that there are 2 more Dinos to run here but do folks here have an opinion on the current market?
     
  9. 375+

    375+ F1 World Champ
    Silver Subscribed

    Dec 28, 2005
    13,649
    Really poor presentation buy the seller, the car looked scruffy and neglected.
     
  10. Neelfryer

    Neelfryer Formula Junior

    Jan 11, 2017
    344
    Beverly Hills
    Full Name:
    John
    the anomaly to me is of course John Gunderson's car - hammering at 310K seems light on that car

    but I have stood in enough auction rooms to know that any one of a million factors can knock a price sideways

    The car that ran before him etc.
     
  11. 375+

    375+ F1 World Champ
    Silver Subscribed

    Dec 28, 2005
    13,649
    RM commission scale is 12% on the first $250,000, 10% thereafter. The most valuable car (206) brought wholesale money or less. It is difficult to draw any firm conclusions from these sales.
     
  12. Skippr1999

    Skippr1999 F1 Rookie
    Silver Subscribed

    Dec 22, 2009
    4,510
    It seems all over the place to me. Why does the hazelnut resto sell for 120k more than John’s resto ? That doesn’t make sense to me. The 206 at 200k less than estimate ?
    I don’t know anything about any of these cars. Maybe the bidders know things I don’t.
     
  13. cnpapa24

    cnpapa24 F1 Rookie

    Jan 19, 2014
    3,659
    NOLA
    Full Name:
    Chris
    The 206 and 246 C&F cars were nice restoration candidates. The 206 was still well bought. That said, they were never getting close to their estimates.

    The Gooding 246 GT was the best of the bunch and sold accordingly.

    Eddie Karam’s CF car at Bonhams was a great original example.
     
  14. nis1973

    nis1973 Formula Junior

    Jan 19, 2013
    493
    NYC/CT
  15. dinofan

    dinofan Rookie

    Sep 29, 2010
    37
    Texas
    As the seller of the Gooding car I have a few comments. The car was restored to be completely original in every way. It was completely disassembled to the space frame and every component was restored to the highest level. As an example, the wiring harness was removed from the car intact and was sent to Rhode Island wiring to be duplicated. The original wire colors with radial stripes were not available so we had the wire custom made. Could go on...
    The car won a platinum award at Cavallino and it scored 98.5. It lost a 1/2 point for over restoration and the other items were corrected. My opinion is that you must follow the “fully original” path to have an investment grade Dino.
     
  16. Skippr1999

    Skippr1999 F1 Rookie
    Silver Subscribed

    Dec 22, 2009
    4,510
    Thanks for your input. Beautiful car.
     
  17. nis1973

    nis1973 Formula Junior

    Jan 19, 2013
    493
    NYC/CT
  18. Skippr1999

    Skippr1999 F1 Rookie
    Silver Subscribed

    Dec 22, 2009
    4,510
    Interesting, that a hell of a bath for someone !
     
  19. miurasv

    miurasv F1 World Champ

    Nov 19, 2008
    10,750
    Cardiff, UK
    Full Name:
    Steven Robertson
    Gooding 206GT sold for $335,000 plus BP.
     
  20. Skippr1999

    Skippr1999 F1 Rookie
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    Dec 22, 2009
    4,510
    You beat me to it....368,500 all in.
    Car looked rough to my eyes.
     
  21. cnpapa24

    cnpapa24 F1 Rookie

    Jan 19, 2014
    3,659
    NOLA
    Full Name:
    Chris
    Incredible car, congrats!
     
  22. cnpapa24

    cnpapa24 F1 Rookie

    Jan 19, 2014
    3,659
    NOLA
    Full Name:
    Chris
    I don’t know where you start with the metalwork on this one.
     

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