Will SN4381, 330LMB be on the block at Monterey 2018?

Discussion in 'Vintage (thru 365 GTC4)' started by bitzman, Jul 1, 2018.

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  1. bitzman

    bitzman Formula 3

    Feb 15, 2008
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    If so, which auction? Supposedly it was offered by "private treaty" at Monterey by Rick Cole Auction Co. in 2016 but must not have sold because it was in a Beverly Hills dealer showroom for many months. This is the famous "Golden Ferrari"that sported anopen roadster body by Fantuzzi long enough to be in a Fellini movie. Now it's back to a Fantuzzi built 330LMB body. I was wondering if its creator, the British driver/engineer Michael Parkes, considered this his creates achievement?

    Back in 2016 Haggerty estimated it was worth$30 million but I should think, with a GTO going for $70 million it might have inched upward, being such close kin.
     
  2. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    As to whether it has any connection to the GTO's, that would depend on who you talk to and whether they are a purist or not. As to the offering, the cars owner has a connection to Rick Cole so that was the avenue to offer it although a RM or Gooding & co. would have been a better venue. There is no Rick Cole auction, it was deferred in 2017 and the same in 2018, although their website promises a 2019 sale is in the wind. As such, I couldn't see it being offered but stranger things have happened and by the by its still available at Ferrari of Beverly Hills.
     
  3. Terra

    Terra Formula 3
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  4. miurasv

    miurasv F1 Veteran

    Nov 19, 2008
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    Said to be the original body which was retained.
     
  5. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

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    Could be. The dollar amount they wanted at Rick Cole in 2016 was insane (roughly 50% above what any other had sold for) and I can't see where the market has improved to the extent that becomes reasonable. Speculation sucks when you get it wrong.
     
  6. Terra

    Terra Formula 3
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    Feb 16, 2004
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    While FoBH was marketing it, they were actually asking considerably more than Rick Cole was.
     
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  8. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

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    So roughly double what the vendor paid for it when he purchased the car in early 2016?
    Thats one way to make money, NOT!
     
  9. Terra

    Terra Formula 3
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    No, 2x is too high a multiple.
     
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  10. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3

    Apr 5, 2010
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    IIRC I had heard reports that it was sold to the current owner for a figure in the teens and he offered it at RC Monterey 2016 for $25 - 30 mil. I assumed FOBH was asking at least that. So roughly $18 mil purchase and $30 million ask, thats nearly double.;)
     

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