LOTS (pardon the pun) of GTC coming up for sale

Have you sold the Tandy car yet ?

 

I know of three so far for the MRY/PB auctions. Is that "a lot" or "lots"?

Marcel Massini

 

So what does this mean the fact that there will be 6 on offer at the Pebble sales? Most owners have $50-$220K in their 330 GTC unless the cars were bought more recently. There could be lot's of reasons why the cars are being sold, but I can see certain owners wanting to cash out due to the current valuations and move the cash into other acquisitions.

 

N=6 should provide better-than-usual visibility on GTC pricing. Although, ironically that is <1% of cars produced, right, so actually _fewer_ cars proportionately than many others on the block...

 

With so many cars coming up for sale in the same week, and several well-publicized cars remaining for sale for an extended period at highly-visible dealers at this time, I would expect to see some no-sales (in the case of owners whose expectations may have been set too high), and then some more realistic results (for owners who are willing to let go at a real market price).

Michael

 

And Edward is one of those highly visible dealers.
How coincidentally quaint to start a thread like this when he is looking to buy such a GTC ...

 

If memory serves, a few years ago they sold 6 275 GTBs the same week in Monterey. Different car, different market, but "6" is not an unheard-of number of examples. Also consider there are probably 50-75% more cars being offered for sale in Monterey when compared to a few years ago.

 

OK armchair experts, so what is a GTC worth now??!? For your perusal (all prices including applicable buyer's premiums, but not any sales taxes):

-330 GTC 10105 SOLD Bonham's $467,500
-330 GTC 09125 UNSOLD Bonham's (est. $475,000 - 550,000)
-330 GTC 11517 SOLD Gooding $946,000 (est. $500,000 - 600,000)
-365 GTC 12191 UNSOLD Gooding (est. $800,000 - 900,000)
-330 GTC 10745 ?? RM (est. $425,000 - 525,000)
-365 GTC 12203 ?? RM (est. $800,000 - 1,000,000)

If anyone can supply the applicable RM results that would be appreciated, as I wasn't there.

 

The 365 GTC offered at RM hammered sold at 690k.

 

11517 is anything special?

 

Extreme restoration apparently. I wouldn't own just because of color (fly yellow?) but to each his own. Certainly a very strong price; world record?

Complete with Books, Tools, and Restoration Records
The First Ever 330 GTC Invited to Pebble Beach
Two-Time Platinum Award Winner
Stunning Junior Conway Paintwork and Tony Nancy Interior
Ferrari Classiche Certified
Documented by Ferrari Historian Marcel Massini

 

Likely the best so far.....but there might be a nicer one coming....right Mike?

 

Yours was not so bad.

 

Curious if anyone knows what country the Gooding GTC at $946k went to?
That's a shocking number compared to the others.

I understand it was nicely restored, but $500k buys a LOT of nice.

 

Talacrest sold 2 365 GTCs at the weekend.

 

Do you know which SN# and what price?

Thanks,
Alex

 

One of the cars was RHD #12601. See here: Ferrari 365 GTC - For Sale At Talacrest

I do not know the prices and don't have details of the other car. It hadn't yet been placed on Talacrest's web site before being sold.

 

I thought 10105 was well bought at the Quail.
It seems like a very nice car, numbers matching, nice original colors, tools & books, Borranis & Chromadoras, good history.

Good for Fantasy Junction.