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Monterey auction week thread

Discussion in 'Vintage Ferrari Market' started by Timmmmmmmmmmy, Jun 30, 2019.

  1. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    Timothy Russell
    Bonhams, Gooding and RM Sothebys have worked hard since Amelia Island to secure and market various consignments and both have had several major announcements and while there is more to come, its an ideal time to begin discussion of what proposes to be one of the biggest years yet seen.

    RM Sothebys are now offering three full days of sales beginning Thursday August 15th with a one day Aston Martin sale and two days of the best the auto world has to offer. If the consignments already announced arre anything to go by, RM Sothebys will continue to dominate the other auction houses.

    Ferrari highlights are:
    1952 Ferrari 225S Vignale Spider 0214ET
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    1955 Ferrari 375MM Ghia Coupe 0476AM
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    1962 Ferrari 196SP #0806
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    1962 Ferrari 250GT California SWB 4131GT
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    1962 Ferrari 250GT SWB 3359GT At no reserve
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    Other Ferrari on offer are
    1966 Ferrari 275GTB #08603
    1968 Ferrari 365GTC 11969
    1969 Ferrari 365GTS 12163
    1971 Ferrari 365GTB/4 14189
    1984 Ferrari 512BBi 50965
    1985 Ferrari 288GTO 55237
    1985 Ferrari 308GTS QV 55969
    1991 Ferrari F40 87568
    1995 Ferrari F50 103351
    1997 Ferrari F355 Spider 107584
    2004 Ferrari 360 Challenge Stradale 174741
    2006 Ferrari FXX 146355
    2007 Ferrari F430 Spider F1 156806
    2013 Ferrari F458 Spider 193700
    2014 Ferrari LaFerrari 205297

    Other highlights are:
    1963 Aston Martin DB5 #DB5/2008/R the genuine Aston used in the Bond film Goldfinger complete with various toys
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    1954 Maserati A6GCS #2078
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    1939 Porsche Typ 64 38/41, the worlds oldest Porsche, estimated at $20 million!
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  2. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    Gooding have played second fiddle to RM Sothebys in recent years and 2019 looks to be the same although they do have a wonderful selection of cars all the same.

    Ferrari highlights are
    1958 Ferrari 250GT Tour de France 0903GT

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    1975 Ferrari 312T F1 #022
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    Other Ferrari on offer are:
    1952 Ferrari 212 Inter Vignale Coupe 0221ET
    1956 Ferrari 250GT Boano Coupe 0581GT
    1965 Ferrari 275GTB #06887
    1965 Ferrari 330GTS 9787
    1969 Ferrari 365GTB/4 12301
    1969 Ferrari 365GTC 12187
    1969 Ferrari 365GT 2+2 12751
    1972 Ferrari 246GT #03656
    1973 Ferrari 365GTB/4 16501
    1990 Ferrari F40 84944
    1997 Ferrari F50 106765
    2001 Ferrari 550 Barchetta 124044
    2005 Ferrari 575 Superamerica 143103
    2008 Ferrari F430 Scuderia 164334
    2011 Ferrari 599 GTO 177203
    2013 Ferrari F458 Spider 194210

    Other highlights are:
    1939 Alfa Romeo Tipo 256 Touring Berlinetta 915014
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    1913 Isotta-Fraschini IM #0453

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  3. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    The others:

    Bonhams have been announcing lots for the past 8 weeks but won't really market this sale until their Goodwood F.O.S. has been held in early July
    Highlights so far include:
    1931 Bentley 4.5 Litre Blower Le Mans Tourer MS3942

    1953 Fiat 8V Supersonic 106-000043
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    1959 Porsche 718RSK 718-028

    and one Ferrari has been announced
    1966 Ferrari 330GT Series II 8361

    Mecum will hold their usual extravaganza and the Ferrari already announced are:

    1966 Ferrari 275GTS #07967
    1967 Ferrari 330GTC 10457
    1967 Ferrari 330GTC 9955
    1972 Ferrari 365GTC/4 15359
    1984 Ferrari 512BBi 50285
    1993 Ferrari Mondial T Convertible 93501
    2005 Ferrari 575 Superamerica 145103
    2006 Ferrari F430 Spider F1 151053
    2011 Ferrari 599 GTO 176914
    2014 Ferrari LaFerrari 207602

    Other highlights include:

    1947 Delahaye 135MS Figoni et Falaschi Narwal Cabriolet 800495
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    1938 Mercedes-Benz 170VS Alpine Racer 422333
    1938 Talbot-Lago T120 Brandone Roadster 92007

    As for Rick Cole, Russo & Steele and Worldwide, its a little too early to know what they might offer or even if they will hold a sale.

    A couple of bits of housekeeping, the photo's are not mine yet nor do I make any claims to copyright ownership.

    www.autoauctionsmonthly.com will have full coverage of all lots, sales and news from the various auctions as it comes to hand.
     
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  4. sixcarbs

    sixcarbs F1 Veteran
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    Dec 19, 2004
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    Mondial T 93501 is listed as a Valeo in the Mondial forum.
     
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  5. Marcel Massini

    Marcel Massini F1 World Champ
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    Mar 2, 2005
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    The car in the very first photo shows 0192 ET and NOT 0214 ED.

    Marcel Massini
     
  6. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    Timothy Russell
    Thanks, will edit.
     
  7. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    Correct picture of #0214ET
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  8. Marcel Massini

    Marcel Massini F1 World Champ
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  9. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

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    Too late to simply edit but will need to redo when the next set of consignments are announced so will alter then. Thanks for the information.
     
  10. Rory J

    Rory J Formula Junior
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    I'm told Russo and Steele are still on for Monterey, though they are currently in the midst of two lawsuits (as plaintiffs) and no featured cars are yet disclosed. Worldwide also lists a Monterey auction on their website this year, but no featured lots are listed yet.
     
  11. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    Worldwide announced last night they would offer THE 1898 Riker Electric which raced in both the USA and Europe before the end of the 19th century along with a Gordini D46 Monoposto and a 1930s Cadillac as their highlights. Nothing as yet from R&S and Rick Cole.
     
  12. 375+

    375+ F1 Veteran
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    Apparently Mecum will run Dana's own 250 Monza s/n 0432M across the block in Monterey.
     
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  13. GHG

    GHG Formula 3

    Jan 29, 2008
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  14. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

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    #14 Timmmmmmmmmmy, Jul 11, 2019
    Last edited: Jul 11, 2019
    I saw this yesterday (and Dana's GT40 #GT/109), gotta be tricky selling your own cars, cos what if it stalls at $10 mil against a $15 million estimate. Looks pretty poor for your abilities as an auctioneer and auction house and marketing and on and on. So do you take the lower amount or do you take the failure, either look bad. Its not like he can work over the seller so its a tricky position Dana will put himself in and the GT40 already ran through Indy in January where it failed to sell at a reported $9.5 million against an undisclosed estimate so there is form. Will be fascinating to see.

    The 250 Monza was a 750 Monza chassis fitted with a 250MM engine so effectively previewing the 250 Testa Rossa which used the 500TR chassis and the 300bhp engine as successfully used in 250GT Tour de France #0677GT by Gendebien to finish 3rd in the '57 Mille Miglia. Testa Rossa parallels don't stop there, this car, #0432M, was rebuilt by Scaglietti with Pontoon coachwork before sale to Luigi Chinetti so the poor mans 250 Testa Rossa will likely be a great point of marketing. One could either see the 250 Testa Rossa analogies or see it as a gussied up 750 Monza but its worth what $15, 20, 25 million or ?
     
  15. malcolmjl

    malcolmjl Karting

    Mar 27, 2014
    127
    los angeles
    An even tougher sell on the GT40 Roadster...there's a second one available at RM Sotheby's, GT/108. It was listed for a short while yesterday but seems to be down now.
     
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  16. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

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    Five GT40 Roadsters were built, GT40/110 was redone as the famed McLaren developed X-1 and after winning Sebring '66 in 427 cui Mark II form, scrapped. GT/112 was a Coupe but has been restored as a Roadster, as has GT/111 discovered as a bare chassis, leaving us with four of the five Roadsters still in existence. GT/108 has no racing history per se but is a very pure car, the only pure Roadster extant whereas GT/109 was modified by Shelby for Le Mans '65 (DNF with a broken gearbox on lap 11) and later by famed Californian hot rodder Dean Jeffries before its restoration by Dana Mecum/ Harley Cluxton. So is purity more valuable than a Le Mans competition history?
     
  17. malcolmjl

    malcolmjl Karting

    Mar 27, 2014
    127
    los angeles
    Very interesting! I'm curious what the market decides. Sounds like the Mecum car was already a tough sell at whatever the reserve was, so I cant see it selling in Monterey. I'd take purity over a DNF at Le Mans any day personally.
     
  18. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    Its a tough one because most successful racing cars end up losing their originality. Its part and parcel of who they are. They can sell both the 250 Monza and Ford GT40 if they want, remains to be seen how much do they want to sell them versus holding out for a better result. The market is not that far off the peak of five years ago, this is Monterey so every capable buyer will see it, so unless they flog it through RM or maybe Goodings (which they cannot do) they wont see a better result than whatever high bid they manage to get.
     
  19. Marcel Massini

    Marcel Massini F1 World Champ
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    Mar 2, 2005
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    0432 M was last sold October 2012 for 8 M $.

    Marcel Massini
     
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  20. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    As a worthy couple of comparisons $8 million in 2012 would have bought

    a Ferrari 250GT California SWB, 250GT SWB Competizione, the best Bentley Blower extant, two 500TRCs or a nice Bugatti Type 57S. While most of the comparpo's haven't doubled in value, the California SWB has basically doubled while the Comp. spec. 250 SWB has increased by 50% etc. A ready argument could be made for a $15 - 18 estimate for the 250 Monza. Will be fascinating to see what Mecums crystal ball comes up with. ;)
     
  21. GHG

    GHG Formula 3

    Jan 29, 2008
    1,320
    Unless he already has a buyer and the whole thing is a publicity stunt.
     
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  22. llink

    llink Karting

    Nov 18, 2013
    129
    Northern California
    Agree, he has a 330GTC and a Daytona that are "frequent flyers" at the Mecum auctions and never sell through.
     
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  23. davemqv

    davemqv F1 Rookie

    Aug 28, 2014
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    Isn't 12301 at Gooding the final proto/first production Daytona? Kind of a special car...to my modest way of thinking anyway!
     

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  24. Foncool

    Foncool Formula Junior

    Oct 27, 2011
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  25. 375+

    375+ F1 Veteran
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