2 cam, steel body, 3 carb. In my opinion the best variation of the 275 GTB. Bonhams took care of business without fancy videos and hype, just a proper display to examine the car and a place to look through all the records. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Congrats Matt! I think you had a good timing. But sad to let it go. How many 275's were sold this weekend? Will it stay in the US? Ciao Oscar
Hi Oscar: I think 3 or 4 of these in different variations were available. It's nice to know this one beat out an alloy and a 4 cam, which validates a quality restoration. Very very difficult and sad to let go after eleven years but I sure learned alot about restoring a Ferrari and met some great people. Time sure moves on quickly.
My initial take is that RM will be happy with their results from the weekend, sensible estimates, bids and decent marketing. Gooding will not be at all happy, the conflagration of a market that is perhaps even more ruthless with anything less than the pinnacle and some very high estimates not helping. Its too early to say with Rick Cole and Mecum. The winner on the weekend would have to be Bonhams, for all their faults they did score a new world record and sell some very nice cars at some really quite high prices...... Will try to post all the sold figures as they come to hand
Follow the link for results Multiple World Auction Records set as Bonhams Two-day Quail Lodge Sale Makes History: Anamera IMO, well bought - 250MM and 250 SWB well sold - 312T3
Sales rate for Bonhams 92 percent. Total sales for Bonhams this year at MRY 107 M $. The 250 MM was sold to Switzerland, the 250 SWB Aerodinamica to Thailand and the 312 T3 to Berkeley, CA. The 512 BBLM to France, the 365 GTC to Northern San Francisco, the 246 Dino Tasman F2 to London, UK. Marcel Massini
Gooding's main concern will be the failures of it's star lots? Looking at the results the other cars sold well and many for good money.
There were just some big no sales on gooding's side. I thought the prices were quite good for the no sales but not good enough. I am not sure if any after sales agreements were reached on those. Regardless, being in the room for both Bonhams nights, both RM nights, and gooding's final night was very interesting. Some of the bidding strategy indicated a different kind of crowd.
Yes, can you please expand on what a different kind of crowd means? End users? Dealers? Buyers from Asia, Eastern Europe, the Middle East? TIA.
Well it's been a couple of weeks now and the dust has settled, so I wonder if anyone can give us an overview of how they think the world-wide Ferrari market looks based on the prices achieved at this months auctions?
Looks real good from here. Vintage Ferraris: "Strong Hold" - "Outperform" QUOTE=MikeRSR;143350975]Well it's been a couple of weeks now and the dust has settled, so I wonder if anyone can give us an overview of how they think the world-wide Ferrari market looks based on the prices achieved at this months auctions?[/QUOTE]
I think that the number of cars offered at auction--at the estimates/reserves--was a bit more than of the market could absorb. Generally speaking the very best cars when realistically priced will sell. The strength in 275 GTB's, Lusso and California Spyder's seems to be unabated. Other cars (Daytona, GTC and others) vary widely with condition. Great examples sell strongly, cars with needs bring a fraction of that. With the exception of the 206 Dino at Gooding, the Dino market looks flat. Carburated BB's, 2+2's and any 250 are strong. C4's are a screaming buy IMO.
Interesting remarks and quite true! And what about this? 1964 Ferrari 250 LM by Scaglietti | Monterey 2014 | RM AUCTIONS
S/n 6045 has long been a car with a story, that story finally has a reasonable resolution at least for the high bidder. I can't offer any more insight than that. I have no skin in the game and haven't relentlessly pursued its history.
Also you can read the summary by Simon Kidston on his website. As any broker- dealer he has an interest in the game, no doubt! But his reasoning is a little bit more elaborated than most, as he is also a witness of a lot of transactions.