RM Sotheby’s, Grimaldi Forum, Monte Carlo, Monaco — May 14, 2022

 

RM Sotheby’s returned to the seafront Grimaldi Forum during the GP Historique week in Monaco. Located only a block from the GP circuit’s Portier corner, the music of historic GP cars is a delightful counterpoint to viewing and selling the cars in the auction.

Grimaldi Forum is a modern exhibition hall, ideally suited for events of this sort and even with 68 auto lots and 16 lots of frequently expensive automobilia there is plenty of space for more. But, the auction is on Saturday and the GP Historique on Sunday and no one wants to miss the race so 84 lots is a full docket for this location’s one-day sale.

At the pointy-end Fairmont Hotel where Bonhams encamped this year a burger (admittedly with pommes frites on the side) in the lobby bar was €34. At the Grimaldi Forum bars there were satisfying jambon et fromage sandwiches for an entirely reasonable €8. What a concept!

The stars of the show were definitely stars and graced the auction podium for the full two days: a pair of Formula One cars from the collection of Nigel Mansell, who introduced them personally on the block. One was his Ferrari 640 (the first F1 car with a paddle-shift gearbox), the other a later Williams FW14. When the headline Ferrari 340 MM (s/n 0350AM) failed to sell on a top bid of €4.8 million ($4,996,800) the Mansell Williams was the sale’s top lot at $4,221,255 with the Ferrari close behind at $3,752,805.

RM had thirteen lots bid to $1 million or more; ten of them sold bringing a total of $23,769,935 which is 71¼% of the sale’s total changing hands, a serious concentration of value in a few expensive cars. (One of the million dollar lots was a post-block sale at an undisclosed price and is carried here at the high bid on the block without imputing a buyer’s premium.)

At the Monaco GP Historique there is plenty to do, and thousands of stairs and steep sidewalks to climb. RM Sotheby’s Grimaldi Forum auction is a refreshing interlude with the echoes of GP cars at the GP circuit’s Portier corner as the counterpoint.

Here are the numbers and pay special attention to the difference in exchange rate. The Euro was 14.8% higher in 2018 than it was in 2022, deflating – on a comparable basis – all 2018 results by almost 15% and making 2022 an even better year in constant-dollar terms:

Year Cars Sold/ Offered Sale % Sold < Low Est Sold > High Est Average Sale Median Sale Total $ Exchange Rate
2022 53/68 77.9% 48% 18% $629,420 $227,459

[36.1%]

$33,359,251 $1.0410
2020 Covid hiatus  
2018 58/86 67.4% 62.1% 12.1% $472,218 $274,873

[58.2%]

$27,388,647 $1.1951

49 of the 68 lots at RM Monaco are reported here, all viewed on-site by Rick Carey (although sometimes cribbing from prior auction observations.) They are sorted in lot number order.


Lot # 117 Ferrari 166 Inter Panoramica 1:1 model Coupe, Body by Zagato; S/N; Rosso/None; 2 condition; No Reserve; Hammered Sold at $21,725 plus commission of 15.00%; Final Price $24,984. – Silver painted Borrani wire wheels, Englebert tires. – Constructed at Zagato as part of the development of the Ferrari 166 Zagato Panoramica Sanction Lost project in 2007. Polystyrene structure, later painted and finished. Fair paint with some dirt and dust inclusions and fisheyes. – The original car no longer exists, having been cut into a spider and then abandoned, but neither does it seem that the re-created Sanction Lost project exists (if Google can be trusted to ferret it out.) This result is modest garage art money, but will take up more floor space than most garage art. [The correct hammer bid is €20,000 with a 20% automobilia buyer’s commission.]

Lot # 118 2008 Ferrari F2008 Show Car Formula 1; S/N RCP003; Red/Black; 2- condition; No Reserve; Hammered Sold at $92,332 plus commission of 15.00%; Final Price $106,182. – O.Z. alloy wheels, PZero racing slicks. – Very good paint and graphics with understandable minor bodywork cracks. Dummy steering wheel turns but the front wheels don’t steer. Power is like a Nicola truck tractor: gravity. Apparently built independently of Ferrari and now offered by Thierry Boutsen, it is an attractive thing. – It also is irrelevant and this is a generous result for a mockup. [The correct hammer bid is €85,000 with 20% automobilia buyer’s commission.]

Lot # 121 1977 Porsche 928 Coupe; S/N 9288100589; Lundgrun (Lime Green Metallic)/Dark Green leather, “Pasha” cloth inserts; Estimate $41,640 – $62,460; Visually maintained, largely original 3- condition; No Reserve; Hammered Sold at $54,132 plus commission of 15.00%; Final Price $62,252. – 4,474/231hp, 5-speed, 5-hole alloy wheels, Firestone SZ90 tires, Blaupunkt cassette stereo, power windows, air conditioning., heated mirrors. – Good repaint. Worn original interior, soiled inserts, driver’s seat bolster worn through, left back seat seam pulled. Bowed hood. Dry original underbody. Looks older and more used than the 83,839 km showing and the catalog confirms that the speedometer has been replaced and the true mileage is a more realistic 138,000 km. – Just a used car, but a very expensive one in this transaction even taking the 5-speed into account. 928s are gaining a following, but this result is leading the market by some margin.

Lot # 122 2004 Ferrari 360 Challenge Berlinetta, Body by Pininfarina-Scaglietti; S/N ZFFYR51B000136235; Engine # 81400; Red, White lower body/Red cloth; Estimate $93,690 – $124,920; Competition car, original as-raced 2- condition; With Reserve; Hammered Sold at $82,239 plus commission of 15.00%; Final Price $94,575. – 3,286/425hp, 6-speed AutoManual, 7-spoke BBS alloy wheels, roll cage, LCD gauges, fire system, owner’s pouch, two keys, tank-filling kit and other details. – Lightly Challenge Series used with no evident damage or blemishes just some track miles and age. – An exciting track day car bought for a seriously modest price, particularly when contrasted with other popular marques that are more trendy. This is eye-watering performance and handling that even after a thorough operational and safety checkout and service will be rewarding.

 

Lot # 123 1964 Citroen 2CV 4×4 ‘Sahara’ 4-Dr. Sedan; S/N 2005000080; Dark Green/Beige cloth; Grey vinyl top; Estimate $72,870 – $104,100; Truck restoration 3- condition; No Reserve; Hammered Sold at $119,715 plus commission of 15.00%; Final Price $137,672. – Two 425/12hp twins, 4-speed, hood mounted spare, grey steel wheels, Michelin tires. – Truck restoration quality older paint. Road grimy chassis and engine compartments. Utilitarian in both function and presentation. – This Sahara, one of 85 built for Spain’s Guardia Civil, is rough and ready, with cosmetics that would not do an old pickup truck any favors. The bidders blithely overlooked its cosmetic condition and concentrated on its readiness for barreling over hills and sand dunes in an epic display of utility. It was sold to an online bidder against one of the phones, neither of whom had a chance to take a personal look at it on the floor of the Grimaldi Forum. This is a huge result.

Lot # 124 1956 Porsche 356A 1600 Cabriolet ‘Project’, Body by Reutter; S/N 61428; Grey/Bordeaux vinyl; Grey cloth top; Estimate $156,150 – $187,380; Unrestored original 5 condition; No Reserve; Hammered Sold at $135,330 plus commission of 15.00%; Final Price $155,630. – Steel wheels, hubcaps, Volkswagen engine installed,

more engines (including one represented as the original) plus one crankcase included

– Filthy, grimy, rusty, tattered. “Everything” is too modest for what this 356A Cab requires. It is a rusty hulk with gaping holes in the bodywork, stored half a century in a Danish barn. – Anyone who thinks this 356A 1600 Cab can be elevated from this price to its value after an end-to-end, top-to-bottom restoration to concours condition is also ready to buy NFTs and cryptocurrencies in the belief they will appreciate infinitely. It is an awful thing that that will cost the earth to restore, and then be worth a quarter million dollars if it is done correctly.

Lot # 125 1989 Ferrari 640 Formula 1; S/N 109; Red/Beige suede; Estimate $2,602,500 – $5,205,001; Competition restoration 3+ condition; With Reserve; Hammered Sold at $3,331,200 plus commission of 12.66%; Final Price $3,752,805. – 3,498/600hp V12, 7-speed paddle shift, Speedline centerlock black painted alloy wheels, Goodyear Eagle F1 tires. – 1989 Ferrari team car given to Nigel Mansell and displayed since in his collection. The first year for the paddle shift transmission. 1st at Brazil and Hungary, 2nd at France and Britain, 3rd at Germany. Old and cracked tires. Good paint and well-maintained but not run in three decades. Introduced on the block by Nigel Mansell: “every nut and bolt original.” – Bidding opened at €2 million, moved quickly to this result, an appropriate price for a Ferrari GP car with technical significance, racing success and impeccable provenance. It will be magnanimously expensive to return it to the track but Ferrari Course Clienti will surely oblige if given a blank check. It was followed on the block by Mansell’s 1991 Williams-Renault FW14 that sold for even more.

Lot # 126 1991 Williams FW14 Formula 1; S/N FW145; Blue, Yellow, White “Camel”/Black; Estimate $1,561,500 – $3,123,000; Competition car, original as-raced 3 condition; With Reserve; Hammered Sold at $3,747,600 plus commission of 12.64%; Final Price $4,221,255. – 3,500/750hp V-10, fuel injection, 6-speed AutoManual, black Fondmetal centerlock alloy wheels, Goodyear Eagle F1 tires. – Given to Nigel Mansell at the end of the 1991 season and offered by Mansell here after 31 years of mostly static storage. Absolutely original, as delivered from Williams Grand Prix Engineering and complete with everything needed to make it run. Famously the car on which Ayrton Senna, Mansell’s rival for the Driver’s Championship, hitched a ride after running out of fuel on the cool down lap at the British GP, which Mansell won. On the auction block Mansell commented that he would have been World Champion sooner if he’d dumped Senna off the car on the way back to the pits. Five GP wins in 1991, but no championship. Good paint. A little dusty in the engine compartment with some early corrosion starting on unpainted surfaces. Two bidders, online and phone, at the end. – The image of Senna clinging to the Williams’ airbox is legendary and it was heavily featured in RM’s Monaco presentation of this car including the catalog cover. While arguably not as important as the sequential shift gearbox 1989 Ferrari 640 GP that preceded it across the Monaco auction block the final result was avidly attended to by two bidders, one online and one of the phone, and resulted in this generous price. It is an expensive taxi, even if the passenger was Ayrton Senna.

Lot # 127 2005 Reynard 2K1 Grand Prix Masters; S/N GPM05004; Red, White “ALTEC”/Black cloth; Estimate $104,100 – $156,150; Competition car, original as-raced 3+ condition; No Reserve; Hammered Sold at $52,050 plus commission of 15.00%; Final Price $59,858. – 3.5 litre naturally aspirated Cosworth XG V-8, 650hp. – Nigel Mansell collection, winner of two races in 2005 and 2006. No engine and apparently unused since 2006. Good paint and practically unused cockpit upholstery. Surface rust on unpainted surfaces. – An intriguing artifact amenable to being put back on track but needing comprehensive recommissioning, material checks and engineering for the engine chosen. The price reflects the challenges.

Lot # 131 1990 Lamborghini Countach 25th Anniversary Coupe; S/N ZA9C005A0KLA12961; Giallo/Champagne leather; Estimate $286,275 – $338,325; Unrestored original 3+ condition; With Reserve; Hammered Sold at $395,580 plus commission of 13.82%; Final Price $450,233. – 5,167/455hp, 5-speed, O.Z. telephone dial modular alloy wheels, Pirelli PZero tires, digital cruise control, pull out radio. – Represented as matching numbers engine by Lamborghini, one family owned since 1993. Sound older repaint with a few small stress cracks and discolored areas. Good original upholstery. Bright gauges but oxidized headlight and wiper knobs. Hazy headlight covers. Road used original undercoat. Reassuring but only a driver. – A vision in its current color scheme and a car that will excite onlookers wherever it goes, which it should at this generous price. The new owner paid a large premium for the modest miles and the Giallo exterior, or the opportunity to make a statement.

Lot # 132 1962 Lotus 22 Formula Junior; S/N AM47; Dark Green, Orange nose band/Red leatherette; Estimate $93,690 – $124,920; Competition restoration 3- condition; No Reserve; Hammered Sold at $41,640 plus commission of 15.00%; Final Price $47,886. – 1,098cc Cosworth 4-cylinder upgraded to a pair of dual choke Weber carburetors, dark grey wobbly alloy wheels, Dunlop Racing tires. – Not raced since 2016. Decent paint but soiled old seat upholstery. Clean, orderly engine compartment. Probably upgraded to F3 specs early in its life while being raced in Sweden. – The condition of this Lotus 22 is reassuring even though it hasn’t been raced in six years and the price it brought is modest and realistic enough that the next owner car undertake the work necessary to check it thoroughly and return it to the track while still leaving some value in the vehicle.

Lot # 133 1995 Ferrari 456 GT Coupe, Body by Pininfarina; S/N ZFFSD44B000100127; Silver Metallic/Tobacco leather; Estimate $93,690 – $124,920; Unrestored original 2- condition; With Reserve; Hammered Sold at $124,920 plus commission of 15.00%; Final Price $143,658. – 5,474/442hp, 6-speed, Ferrari stereo, climate control, power windows and seats, 5-spoke alloy wheels, Pirelli PZero tires, luggage, books, correspondence. Assembly No. 17143. – Excellent original paint with a few minor nose chips and chipped behind the wheel wells. Sound original upholstery lightly stretched on the driver’s seat cushion. Good gauges and interior controls. Three owners from new, first owned by Sergio Pininfarina and all of them took very good care of it. – Bought at the high end of RM’s pre-sale estimate range but still a reasonable result for such a well-maintained example with Sergio Pininfarina ownership history.

Lot # 134 1971 Lamborghini Miura SV Coupe, Body by Bertone; S/N 4884; Engine # 30642; Red, Gold sills/Blue leather; Estimate $2,290,200 – $2,706,600; Older restoration 2+ condition; With Reserve; Hammered Sold at $2,290,200 plus commission of 12.73%; Final Price $2,581,680. – 3,929/385hp V-12, 5-speed, Borletti A/C, Blaupunkt digital stereo, Gold alloy wheels, Avon tires, no eyebrows, body color fender mirrors. – The first U.S.-spec Miura SV, used for U.S. certification testing and publicity. Restored by Gary Bobileff in the early 00’s winning its class at the 2006 Concorso Italiano. Excellent paint and striking interior after further cosmetic and mechanical restoration in 2017 in Germany. Underbody and engine are like new but unused since the 2017 restoration. – Sold by RM at Amelia Island in 2015 for $2,310,000 and thoroughly renewed since then, this is a moderate price for an historically significant Miura SV that has been carefully maintained and restored its whole life. Its important early U.S. history is less important here in Monaco and the car is a good value in this transaction.

Lot # 136 1967 Tecno T/67-Ford Formula 3; S/N T00210; Blue/Black leatherette; Estimate $83,280 – $124,920; Competition restoration 3+ condition; With Reserve; Hammered Sold at $119,715 plus commission of 15.00%; Final Price $137,672. – 998cc NovaMotor MK/6,

Hewland H6 gearbox, fire system, gold 4-spoke alloy wheels, Avon tires. – Driven by Clay Regazzoni and Ronnie Peterson in 1967 for the Tecno team. Sold to Meubles Arnold in France for 1968 and driven by Jean-Pierre Jaussaud to wins at Monza, Nogaro and here in Monaco. Stored for 40 years until 2011 and restored and competed in historic events. Engine rebuilt eleven months ago. Tidy and professionally prepared and presented. Cracked and torn Momo leather steering wheel rim. The right front wheel has damage on the inner rim which looks like the lower ball joint failed. – A nifty little car, encouragingly presented in seemingly race-ready condition and with unusually strong racing history and famed pilots in period. Its presentation and history encouraged the bidders to this strong but not unreasonable price.

Lot # 137 1965 Iso Grifo A3/C Coupe; S/N B0212; Red/Black leather; Estimate $1,613,550 – $1,821,750; Unrestored original 4+ condition; With Reserve; Not sold at Hammer bid of $1,509,450. – 327/340hp single 4-barrel, 4-speed, centerlock alloy wheels, Dunlop tires, riveted alloy body, covered headlights with yellow bulbs. – Poor old repaint over old paint. Chipped edges. Crazing rear (flat) window. Dirty wheels painted over the balance weights. The underbody is painted over whatever was there. Worn, faded original upholstery, filthy pedal area. Filthy engine compartment with a new brake booster. Definitely a project but well worth undertaking. – The rare and coveted alloy body, riveted panels “competition” version of Renzo Rivolta’s and Giotto Bizzarrini’s masterpiece, formerly owned by Marcel Petitjean for almost four decades. Its neglect is apparent but so are its undeniable attributes although at the reported high bid it seems entirely possible to have reached a post-block accommodation between the seller’s expectations and the bidders’ willingness.

Lot # 138 1966 Ferrari 330 GT Series II 2 + 2, Body by Pininfarina; S/N 8475; Dark Blue/Red leather; Estimate $197,790 – $239,430; Visually maintained, largely original 3- condition; With Reserve; Hammered Sold at $197,790 plus commission of 15.00%; Final Price $227,459. – 3,967/300hp, 5-speed, Borrani wire wheels, Michelin tires. – Generally scruffy with a poor quality old repaint and worn original interior. Represented as the matching numbers engine and gearbox. Static displayed for two decades and needs pretty much everything. – Offered by RM from the Petitjean collection at Paris earlier this year where it was reported bid to $220,895 and unsold. Expectations were revised, as were the bidders’ appreciation for its neglected condition, and it moved on at this realistic result although it will need many more dollars, pounds or €before it can be enjoyed.

Lot # 141 1965 Ferrari 275 GTS Spider, Body by Pininfarina; S/N 06963; Argento/Black leather; Black cloth top; Estimate $1,457,400 – $1,665,600; Older restoration 2- condition; With Reserve; Reported sold but not confirmed $1,249,200. – 3,286/260hp, 5-speed, chrome spoke Borrani wire wheels, Vredestein tires. – Excellent paint, chrome and original interior. The chassis is restored like new with little subsequent use. A clean, attractive car with a quality older restoration that has been carefully maintained. Not fresh but choice. Ferrari Classiche Red Book certified in 2012. – Bid to this result and passed on the block but reported sold later for an undisclosed amount, this is the observed high bid and would have been a realistic result. The present value of a ten year old Red Book certification is dubious. Much can change in ten years of even moderate use and age and that may have figured in the bidders original reluctance.

Lot # 143 1958 Volpini Formula Jr.; S/N 011; Dark Red, Green nose band/Dark Red leatherette; Estimate $93,690 – $124,920; Competition restoration 3 condition; No Reserve; Hammered Sold at $41,640 plus commission of 15.00%; Final Price $47,886. – 1,089/90hp, silver painted wire wheels, Dunlop Racing tires, Moto-Lita leather rim steering wheel. – The chassis is painted grey and is better than the very used exterior. Dull, dusty gauges. Orderly engine compartment. – According to the history in the catalog this Volpini has never been neglected and has been frequently raced throughout its history. It is no accident that most early Italian-built Formula Juniors look like diminutive Maserati 250F or Vanwall GP cars and they remain one of the most pleasing and competitive historic racing categories. There is little of substance to criticize in the presentation of this Volpini. It was sold by Brooks at Olympia in 1997 for $33,235 (£20,025 at the time, this result is £46,000) and is an undeniable value in this transaction.

Lot # 144 2014 Mercedes-Benz SLS AMG GT Final Edition Coupe; S/N WMXRJ7JA1EA011040; Matte Metallic Dark Grey/Black leather; Estimate $333,120 – $374,760; Unrestored original 2 condition; With Reserve; Hammered Sold at $333,120 plus commission of 14.06%; Final Price $379,965. – 6,208/583hp, 7-speed AutoManual, carbon fiber hood, outside mirrors and wing, climate control, power seats and windows, 19/20-inch black alloy wheels, ContiSportContact tires, red calipers, carbon discs. – One of 350 Final Editions built, 76 km and never road registered. Like new, because it is. – Bidders swooned over M-B SLS AMG limited production cars in Monaco, making this example’s low estimate successful bid an exception. Cruising the lanes of the Principality or other localities it will always get instant attention from valet parkers although its performance will be hard to experience. It’s a prestige ride, divorced from its performance.

Lot # 145 1980 Renault 5 Turbo Group 4; S/N VF1822000B0000036; Red, Butterscotch “Calberson”/Red cloth; Estimate $364,350 – $468,450; Competition car, original as-raced 3+ condition; With Reserve; Hammered Sold at $405,990 plus commission of 13.78%; Final Price $461,944. – 1,397/180hp turbo four, 5-speed, Moto-Lita leather rim steering wheel, Jaeger rally computer, Oreca boost gauge, Recaro seats, Sabelt 5-point belts, 8-spoke alloy wheels, Michelin Racing tires, fire system, Cibie headlights and six auxiliary lights. – The first Renault 5 Turbo homologated for Group 4 rally competition. Assembled at the Renault F1 shop, the only one to be built there. Rallied by Jean Ragnotti and Jean-Marc Andrie at the Tour de France, Tour de Corse and Monte-Carlo Rallye with strong performance but unfortunate dnfs. Sound but shrinking older paint with a variety of numbers, badges and sponsor identification. Good interior largely intact from its rally days. A carefully preserved relic of unlimited rallying. – Calberson? It’s a French company now part of the Geodis group, a subsidiary of the SNCF French train system since 2008. In today’s vernacular it would be characterized as a logistics solution, but in 1904 when Emile Calberson started it the main activity was transporting travelers’ voluminous luggage between Paris and Le Havre. Enough extraneous sponsor history. This is a sincerely important vehicle, impressively preserved from new and with just enough rally history to put the Renault 5 Turbo on the path to legendary status. There are real bragging rights in its ownership that support the price paid for it here.

Lot # 146 1969 Alfa Romeo Tipo 33/3 Sports Racer; S/N 10580023; Red, Yellow nose/Black cloth; Estimate $1,769,700 – $2,186,100; Competition restoration 3+ condition; With Reserve; Hammered Sold at $1,509,450 plus commission of 12.84%; Final Price $1,703,336. – RHD. 2,998cc Lucas fuel injected 440hp V-8, 5-speed transaxle, low nose, full width air intake, covered head and driving lights, short tail, full width rollbar, silver painted centerlock alloy wheels, Dunlop Racing tires, fire system. – Raced for Autodelta at Le Mans in 1970 by Nani Galli and Rolf Stommelen, by Toine Hezemans and Masten Gregory at the 1970 Targa Florio and a support car in the movie Le Mans. Decent recent race car quality paint and recovered driver’s seat. The rest of the car is older and shows historic competition use but also regular attention. Scratched rear spoiler margin. Never fully restored but the accumulated attention is close. – Sold by RM here in 2012 for $1,593,838 (€1,232,000 at the time, this result is €1,636,250 reflecting a sizable shift in exchange rates in favor of the US$ since 2012). A comparable Ferrari of this era is fantastically expensive and while $1.7 million is serious money the 33/3 represents great value in high caliber historic racing events.

Lot # 147 1976 Porsche 911 Turbo Coupe; S/N 9306700325; Engine # 6760479; Apple Green/Black vinyl, Blue cloth inserts; Estimate $234,225 – $286,275; Recent restoration 2 condition; With Reserve; Hammered Sold at $273,263 plus commission of 14.40%; Final Price $312,625. – 2,994/260hp turbo, 4-speed, black center Fuchs wheels, Pirelli P6000 tires, cassette stereo, fog lights, headlight washers. – Represented as the matching numbers engine and one of four built in this color. The upper edge of the windshield is starting to delaminate. Very good repaint including the black window surrounds. Clean underbody with no road grime. Good upholstery and interior trim. The odometer shows 79,713 km and the car is in similar condition. – With a notable premium for the bright and rare Apple Green paint, this is a premium 930 Turbo that sets itself apart from others less dramatically liveried, a big factor among Porsche collectors where rare colors carry rare valuations. Its condition is impeccable and while it is expensive enthusiasm could have brought even more.

Lot # 148 1983 Aston Martin V8 Vantage ‘Oscar India’ Coupe; S/N V8VOL12363; Engine # V5802363V; White/White leather; Estimate $249,840 – $291,480; Recent restoration 2 condition; With Reserve; Hammered Sold at $244,635 plus commission of 14.63%; Final Price $280,419. – 5,341/406hp, four Weber carburetors, 5-speed, BBS alloy wheels, Avon Turbospeed tires, Alpine CD stereo, air conditioning, Lucas headlights, Cibie driving lights. – Restored by Aston Martin Heritage in 2018 and apparently unused since. Aston Martin Heritage Certificate confirms the engine number as original. A beautiful car. – Presented to extremely high standards in dramatic colors and seemingly correct in every aspect after years of attention by a French Aston Martin specialist this is an elegant and powerful Aston with exceptional specifications and a realistic price.

Lot # 149 2001 Ferrari 550 Barchetta Pininfarina Speedster; S/N ZFFZR52B000124218; Daytona Black/Black leather; Estimate $301,890 – $374,760; Unrestored original 2- condition; With Reserve; Hammered Sold at $322,710 plus commission of 14.11%; Final Price $368,254. – 5,474/485hp, 6-speed, SF shields, 5-spoke modular alloy wheels, red calipers, Michelin Pilot Sport tires, CD stereo, air conditioning, factory hardtop, #240 of 448 built, helmet, books, service book. – Sand pitted nose and polishing swirled original paint. Barely used upholstery. Nearly like new and showing only 22,529 km on both the odometer and the car. Sticky switches corrected this year. – Offered by Bonhams at Gstaad in 2007 where it was bid to $181,614 (about €126,600 at the time, this result is €310,000 hammer, €353,750 all-in.) The result here is reasonable in today’s market, especially considering this example’s excellent preservation, included hardtop and modest mileage.

Lot # 150 1947 Delahaye 135 MS Sport Coupe, Body by Chapron; S/N 800390; Engine # 800390; Metallic Blue-Grey, Silver accent/Red leather; Estimate $338,325 – $390,375; Cosmetic restoration 3- condition; With Reserve; Post-block sale at an undisclosed result and a high bid of $263,720. – RHD. 3,557/160hp, triple carburetors, preselector 4-speed, silver painted wire wheels, Dunlop Fort tires, sliding sunroof, Marchal headlights and fog lights. – Built for Louis Chiron and unfortunately superficially restored with abundant flaws and ignored details, The steering column, controls and steering wheel are unrestored. Chrome is scratched. The underbody has been cleaned up but not restored. The Delahaye badge is cracked. A disappointing car. – This “restoration” is disappointing to Delahaye’s performance and quality, to Chapron’s attractive coachwork and to Louis Chiron’s memory. It’s nasty, and the fact it brought this much in a post-block sale is a tribute to the underlying quality of the car, its coachwork and its Louis Chiron history. It can be driven as it is (with due attention to its preparation) but it deserves to be re-restored to modern, or at least good, standards with attention to its many details.

Lot # 151 1973 Ferrari 246 GTS Dino Spider, Body by Pininfarina; S/N 05530; Rosso Cordoba Metallic, Black roof panel/Beige leather, Black bars; Estimate $364,350 – $416,400; Visually maintained, largely original 3 condition; No Reserve; Hammered Sold at $494,475 plus commission of 13.55%; Final Price $561,489. – 2,419/195hp, 5-speed, Chairs and Flairs. Campagnolo alloy wheels, Michelin WX tires, Daytona seats, Borletti air conditioning, power windows, aftermarket air filters, fire extinguisher, CD stereo. – Good repaint with flawed areas visible mostly on the rear deck, surface creased original upholstery, old undercoat in the wheel wells. The engine compartment is orderly and is stated to have much work in 2015 after being stored for a decade. Represented as matching numbers engine and gearbox. Its age is apparent, but so is its preservation. – Sold by Artcurial during Retromobile 2018 for $411,283 (€345,680 at the time; this result is €539,375) but its odometer has added under 700 km since then. It should have brought about the same money today as it did four years ago, not this result which is a hammer bid almost 19% more than the pre-sale high estimate. The reason for the bidders’ enthusiasm is apparent only to them and it is vastly expensive in this transaction.

Lot # 152 2009 Ferrari 430 Scuderia 16M Spider, Body by Pininfarina-Scaglietti; S/N ZFFKZ66B000167370; Rosso Corsa, Red, White, Green stripe/Black Alcantara, mesh cloth inserts; Estimate $260,250 – $301,890; Unrestored original 3+ condition; With Reserve; Not sold at Hammer bid of $229,020. – 4,308/510hp, Yellow tach face, SF shields, climate control, Ferrari sound system, matte black 19-inch alloy wheels, red calipers, carbon discs, carbon interior trim, mirrors and rear panels. Assembly no. 85142. – Hazy headlight covers. Paint flaws on the driver’s door and sill suggest a sloppy repair. Clean engine compartment with minor paint loss. Good upholstery, knobs and gauges. A used car. – A saleroom notice mentions that a Euro zone buyer will pay VAT (20% or so) on the full purchase price, another €45,000 plus on top of the hammer bid and commission and a significant impediment to offering a premium price.

Lot # 154 2012 Ferrari LaFerrari Prototype Berlinetta; S/N ZFF67NHB000184232; Matte Black/Tan leather; Estimate $1,457,400 – $1,873,800; Unrestored original 3- condition; With Reserve; Not sold at Hammer bid of $1,197,150. – 6,262 V-12, 20-inch 5-spoke alloy wheels, Michelin Pilot Super Sport tires, black calipers, carbon ceramic discs, climate control, SF shields. – A preproduction mule car based on a 458 Italia with crude disguise panels over the real bodywork and F140FB V-12 engine, no hybrid assists. There are various wires and controls used for handling and suspension development in the otherwise fully trimmed cockpit.

Ugly to contemplate, but an important illustration of a Ferrari’s development. Not road registerable and sold on a bill of sale but Ferrari Classiche Yellow Book certified. – A compelling bookend to a collection with a LaFerrari, its value is in the eyes of the beholders and they didn’t see it the same way the consignor did. The evidence of the development process is fascinating and instructive and it deserves to find a good home.

Lot # 155 2006 Ferrari Superamerica Convertible, Body by Pininfarina-Scaglietti; S/N ZFFGT61B000143790; Rosso Scuderia/Black leather; Estimate $291,480 – $333,120; Unrestored original 2 condition; With Reserve; Hammered Sold at $286,275 plus commission of 14.32%; Final Price $327,264. – 5,748/540hp, 6-speed paddle shift, Blaupunkt stereo, 5-spoke modular alloy wheels, Michelin Pilot Sport tires, black calipers, SF shields, climate control. – Aside from slight stretching on the driver’s seat cushion it is unblemished and like new. Displayed during the preview with its “Revocromico” roof retracted and its condition could not be observed. The catalog photo odometer reading is 12,596 km and the car shows barely any of them. March 2022 belt and new tires serviced. – Superamericas are appreciating rapidly, as long as their super expensive Revocromico roofs are in good condition, and this transaction bears that out.

Lot # 157 1965 Ferrari 275 GTB Berlinetta, Body by Pininfarina-Scaglietti; S/N 06691; Grigio Argento/Black leather; Estimate $1,769,700 – $1,873,800; Cosmetic restoration 3+ condition; With Reserve; Hammered Sold at $1,873,800 plus commission of 12.78%; Final Price $2,113,230. – 3,286/240hp, 5-speed, chrome spoke Borrani wire wheels, Michelin XWX tires, Halda Twinmaster rally odometer. – Very good recent clearcoat paint. Slightly older lightly stretched upholstery. Aged dash and gauges. Good chrome. Dirty unrestored underbody. Current owner since 1998, used in many tours and rallies. Ferrari Classiche Red Book certified. – Sometimes evidence of use is a positive contributor to value and to bidders’ confidence, showing that it is a car, not an object of veneration. That is exemplified in this transaction and the result this otherwise aged and used 275 GTB brought.

Lot # 158 1958 BMW 507 Series II Roadster; S/N 70140; Engine # 40152; Metallic Olive Green/Red leather; Black cloth top; Estimate $2,186,100 – $2,602,500; Visually maintained, largely original 3- condition; With Reserve; Hammered Sold at $1,873,800 plus commission of 12.78%; Final Price $2,113,230. – 3,168/150hp dual carburetors, 4-speed.silver painted wheels, hubcaps, Pirelli tires, hardtop and soft top, Becker radio, front disc brake conversion. – Shiny clearcoat repaint over frequently flawed preparation and a big blemish on the nose. Faded, worn, discolored, cracked original upholstery. Faded old carpets, Cleaned up but not restored underbody. A desirable car that deserves and should get better attention. – BMW thought they’d figured out the formula to build boatloads of cars for the U.S. market: Build an attractively styled V-8 powered convertible. They got it right with the 507, except that with 150hp from its 3.2 litre V-8 it fell on its face in the mid-Fifties when Corvettes had 220hp in base form and over 300hp with fuel injection, the latter a combination that cost boatloads of dollars less than the 507. What they got right was Albrecht von Goertz’s sleek body and that has made BMW 507s not only an icon but also really expensive. It is rare to see a 507 in such nasty condition as this, however, and the RM Monaco bidders were appropriately undeceived into thinking it was anything more than a restoration project. Its price is a tribute to the inherent appeal of the 507, with little regard for what it will cost to make it into the car it wants to be. It is expensive in this transaction.

Lot # 159 1992 Ferrari 512 TR Berlinetta, Body by Pininfarina-Scaglietti; S/N ZFFLA40S000093585; Red/Cream leather; Estimate $130,125 – $182,175; Unrestored original 2- condition; With Reserve; Hammered Sold at $208,200 plus commission of 15.00%; Final Price $239,430. – 4,942/428hp, 5-speed, 5-spoke alloy wheels, Michelin Pilot Sport tires, air conditioning, power windows. – Excellent original paint with polishing swirl everywhere. Very good lightly used upholstery. Clean underbody. Represented as 17,961 km from new and looks like it. Ferrari Classiche certified in 2013. Cam belt serviced in 2019. – This 512 TR has all the earmarks of a car that has never been mistreated or neglected and the bidders responded to it with some enthusiasm but without losing sight of its inherent value. A sound value.

Lot # 160 1955 Lancia Aurelia B24 Spider America, Body by Pinin Farina; S/N B241057; Engine # B241540; Black/Turquoise leather; Black cloth top; Estimate $650,625 – $702,675; Cosmetic restoration 3+ condition; With Reserve; Not sold at Hammer bid of $499,680. – RHD. ivory wheels, hubcaps, Pirelli tires, Cibie halogen headlights, Marchal driving lights, floor shift, Fontana-style hardtop. – A rare righthand drive Spider America, one of 59 examples believed built and one of three delivered new in black. Good paint, much better interior. Dry, clean underbody. Good gauges. Clean, orderly engine compartment with a fresh engine rebuilt in 2022 (but not represented as matching-numbers.) The top is old, faded and frayed. Steering wheel center emblem is discolored and spotted. Aside from these oversights, however, it is beautifully restored and presented. – Huh? This result is simply inexplicable for a car, even if it has a replacement engine, that is worth at least 50% more. Maybe it would bring more if it were offered in the UK where the righthand drive is more appropriate, but that is conjecture and no consolation to the consignor whose prize was totally ignored by the Monaco bidders.

Lot # 164 1973 Ferrari 365 GTS/4 Daytona Spider, Body by Pininfarina-Scaglietti; S/N 16839; Fly Yellow/Black leather; Black cloth top; Estimate $2,082,000 – $2,290,200; Visually maintained, largely original 3+ condition; With Reserve; Hammered Sold at $2,394,300 plus commission of 12.72%; Final Price $2,698,793. – 4,390/352hp, 5-speed, chrome spoke Borrani wire wheels, Michelin XWX tires, popup lights, Veglia air conditioning, Blaupunkt AM-FM, power windows. – Ex-Sir Anthony Bamford and Otis Chandler. Good repaint, even gaps and flush fits. Good surface creased upholstery. Good bumper chrome but scratched windshield frame and bright trim. Clean underbody. Crack at the base of the left windshield post. Even panel gaps and flush fits but wavy sills with paint blisters. – Sold by Christie’s at Lyndhurst in 1999 for $354,500 and offered by RM at Arizona in 2019 where it was bid to $1,850,000 (€1,628,000 at the time) and not sold. It is reasonably estimated here, but the final successful bid of €2.3 million and $2.7 million final price are optimistic.

Lot # 165 1984 Audi Sport quattro 2-Dr. Sedan; S/N WAUZZZ85ZEA905004; Red/Grey leather, velour inserts; Estimate $780,750 – $1,041,000; Unrestored original 2 condition; With Reserve; Not sold at Hammer bid of $468,450. – 2,133/302hp inline 5-cylinder, 5-speed, Audi Gamma stereo, power windows, white alloy wheels, Michelin MXX tires, Recaro seats. – The odometer reads 2,945 km and there is absolutely nothing about it that suggests it has traveled farther. Bright, clean, crisp and spotless even though it’s old enough to be elected president. – One of just 164 similar cars built for homologation for Group B rally competition with the engine dialed down from 450 horsepower for road use. It is startlingly rare and has been nearly immaculately preserved. The reported high bid is embarrassing, particularly for the Monaco bidders who didn’t recognize what a rare and beautifully preserved car they were offered.

Lot # 166 1989 Ferrari 328 GTS Spider, Body by Pininfarina-Scaglietti; S/N ZFFWA20B000081547; Rosso Corsa, Black roof panel/Tan leather; Estimate $93,690 – $124,920; Visually maintained, largely original 3 condition; With Reserve; Hammered Sold at $98,895 plus commission of 15.00%; Final Price $113,729. – 3,185/260hp, 5-speed, alloy wheels, Continental ContiSportContact tires, power windows, air conditioning, Pioneer cassette stereo. – Very good fresh repaint with minor masking issues. Good original interior trim and lightly creased upholstery. Clear gauges and controls. 7,021 km from new but no service history. – An $85,000 car with an expensive $15,000 low mileage premium.

Lot # 167 1961 Jaguar XKE SI flat floor Roadster; S/N 875594; Dark Green/Tan leather; Black cloth top; Estimate $156,150 – $182,175; Older restoration 2- condition; With Reserve; Hammered Sold at $150,945 plus commission of 15.00%; Final Price $173,587. – 3,781/265hp, 4-speed, chrome wire wheels, Michelin tires, Blaupunkt multiband radio, flat floors, welded bonnet louvers. – Represented as the matching numbers cylinder block and head, JDHT documented. Very good paint and generally good chrome except for thin door handles and a scratch on the left rear bumper. The outside mirror has no glass. The wire wheels are slightly dirty and the back of the bonnet closes about a quarter inch high. Scratched left bonnet louvers. Very good interior with barely any evidence of use. Good gauges with discolored odometer wheels and the radio bezel chrome is spotted. More than good enough to drive and show. – There are a few nagging things wrong with this early flat floor, welded louvers XKE that are reflected in the bidders’ lack of enthusiasm for it, a car that by most standards should be worth slightly more. Having hedged the price the new owner has some freedom to address the more obvious issues.

Lot # 168 1988 Jaguar XJR-9 Group C; S/N TWRJ12C388; White, Green “Castrol”/Black cloth; Estimate $1,977,900 – $2,498,400; Competition car, original as-raced 3+ condition; With Reserve; Hammered Sold at $1,769,700 plus commission of 12.79%; Final Price $1,996,118. – RHD. 5,996/670hp V-12, FI, 5-speed, 5-spoke centerlock alloy wheels, Dunlop tires. – 1990 Daytona 24 Hours winner, 2nd overall in 1989, podium at Sebring in 1989 and 1990. Restored in 2006. Good cosmetics. Clean, orderly, as raced, runs and drives. One of the great Jaguar race cars. – Sold by RM at Amelia in 2015 for $2,145,000 (€2,038,200 at the time, this result is €1,917,500.) After seven years some recommissioning will be prudent and the result here recognizes that contingency.

Lot # 169 1961 Ferrari 250 GTE Series I 2+2, Body by Pininfarina; S/N 2619; Rosso Bordeaux/Black leather; Estimate $312,300 – $353,940; Cosmetic restoration 3 condition; With Reserve; Hammered Sold at $286,275 plus commission of 14.32%; Final Price $327,264. – 2,953/240hp, 4-speed, Marchal fog lights, chrome spoke Borrani wire wheels, Michelin XWX tires, period AM-FM. – Unstamped engine block with internal number 102E but confirmed by Ferrari Classiche to be the original engine, gearbox and differential. Clearcoat repaint and stretched upholstery. Erratic chrome especially the rear bumper. Good opening panel fits but both doors sag at the back. Orderly engine compartment. Filthy chassis. Ferrari Classiche certified engine, gearbox and differential in 2020. A cosmetically restored but driver quality car with shiny paint and some pretty chrome. – Offered by RM at Paris two years ago where it was bid to $330,180 (€300,000 at the time, the hammer bid here is €275,000.) It needs a lot of help that won’t be inexpensive and the bidders were understandably reticent but even this result is generous.

Lot # 170 1960 Scarab Formula 1; S/N GP2; Engine # 2E; Blue, White accent /; Black top; Estimate $832,800 – $1,041,000; Competition restoration 3- condition; With Reserve; Not sold at Hammer bid of $624,600. – 2,443/267hp inline four, desmodromic valve operation, Hilborn fuel injection, 4-speed, centerlock Halibrand alloy wheels, Dunlop Racing tires. – Good older paint and well-worn upholstery. The front wheels don’t have wing nuts. The suspension paint is chipped and the chassis is rusty, oily, dirty. Old tires. Neglected and time for it to join its sibling in the Monaco GP Historique paddock. – There is a Scarab F1 in the GP Historique races this weekend, but GP2 appears to be the only one with a working desmo Scarab engine, refined by Chuck Daigh in the late 90’s to make it work as Leo Goosen intended. GP2 has a long and variable auction history with no-sales at Brooks Monaco in 2000 and RM Monterey in 2005 on hammer bids of $426,603 and $190,000 respectively. It has been sitting for a long time and needs serious attention before it demonstrates its potential at historic racing venues like Monaco or Goodwood. It is an immediately recognizable and has unrealized potential but that is reflected in the handsome bid it drew here even 25% below RM’s pre-sale low estimate. Its desmodromic valve operation involves careful setup and tuning before its inherent power can be found with reliability.

Lot # 171 1973 Ferrari 365 GTB/4 Daytona Competition Coupe; S/N 16935; Yellow/Black cloth; Estimate $546,525 – $598,575; Competition restoration 2- condition; With Reserve; Hammered Sold at $520,500 plus commission of 13.50%; Final Price $590,768. – Momo leather rim steering wheel, Stack tachometer, 4-point OMP belts, OMP seats, 15-inch 5-spoke gold painted centerlock alloy wheels, Avon tires, RenoTrip rally odometer, outside fuel filler, covered fixed headlights. – Converted to Group IV specifications by Roelofs in the late 90’s. Very good paint and interior. Bright, crisp gauges. Very good barely used seats. Spotless engine compartment with cold air box. Worn pedals and dirty pedal linkage. Appears to be race ready but with the most recent scrutineering being from Classic Endurance in 2015. Represented as the matching numbers engine. – Bought for a price appropriate for a good condition Daytona, the competition modifications are free.

Lot # 172 1973 Porsche 911 Carrera RS 2.7 Lightweight Coupe; S/N 9113601399; Engine # 6631374; Yellow, Black “Carrera”/Black cloth; Estimate $832,800 – $1,041,000; Unrestored original 3 condition; With Reserve; Hammered Sold at $1,186,740 plus commission of 12.94%; Final Price $1,340,288. – 2,687/210hp, fuel injection, 5-speed, black center Fuchs wheels, Pirelli P7 tires, spare set of Fuchs wheels with very worn tires, heater. – One owner from new, one of 200 built to Lightweight specifications with matching-numbers engine and transmission. Spotted and polishing swirled original paint. Good chrome except pitted door handles. Good glass. Crisp gauges with slightly fogged lenses. Stretched seat covers. Dirty wheels. Old undercoat in the wheel wells. – Examined very closely during the preview by experts going through it from top to bottom, it must have passed muster for its correctness to bring this handsome price. It is a particularly important variant in Porsche history, sought by collectors for its rarity and the purity of its performance. It also is expensive but that is what it took to own it.

Lot # 178 1953 Ferrari 340 MM Spider, Body by Vignale; S/N 0350AM; Engine # 0350AM; Rosso/Black leather; Estimate $6,246,001 – $8,328,001; Competition restoration 2- condition; With Reserve; Not sold at Hammer bid of $4,996,800. – 4,102/300hp, triple Weber 40 IF4C carburetors, acrylic windscreens, Borrani wire wheels, Dunlop Racing tires, vented front and rear fenders, halogen headlights. – Excellent recent paint with no chips or scrapes. Good older upholstery. Very good gauges except the Veglia average speed dial which is faded and hazy. Ordered new by privateer American driver Sterling Edwards, this 340 was the last chassis constructed and the last of five bodied by Vignale. Edwards drove the 340 in the last races of the 1953 season including Reno (1st), and Riverside (DNF). The 1954 season included Pebble Beach (1st), Golden Gate Park (2nd), Shelton Airport (1st), and Riverside AFB (4th), after which Edwards sold the 340 and it passed through the hands of Jim Pauley, Ernie McAfee, Tom Bamford and others before finally selling to Sherman Wolf who had it for nearly three decades. Redone since then and frequently raced and toured. Replacement engine installed but the original is included. – Sold by Gooding & Company at Pebble Beach in 2012 for $4,730,000 in essentially the same condition as it is today. A powerful, pretty, seductive spider with impressive specs and a solid history in American racing with Sterling Edwards. It is reasonable for it to be worth much more now than it was ten years ago but the bidders didn’t see it that way, offering only about $700,000 more than its successful hammer bid at Pebble Beach. It would be hard to support RM’s pre-sale estimate of $6.25 million, however, and the real number lies somewhere closer to the reported $5 million bid here.

Lot # 179 1952 Porsche 356 ‘Split-Window’ Cabriolet, Body by Glaser; S/N 10436; Blue/Cream vinyl; Black cloth top; Estimate $520,500 – $624,600; Recent restoration 2+ condition; With Reserve; Not sold at Hammer bid of $416,400. – 1,286/60hp, 4-speed, body color wheels, hubcaps, Heidenau tires, ivory steering wheel and interior knobs. – Freshly restored and as close to perfect as it needs to be aside from slight polishing swirl and an oops on top of the left front fender. – This is a rare model with cabriolet coachwork by an often overlooked early coachbuilder for Porsche, Glaser. It has been well-restored but the reported high bid here is appropriate to the model and its condition. The consignor may think it is worth more, but the bidders don’t agree.

Lot # 180 2008 Porsche 911 GT3 RS Coupe; S/N WP0ZZZ99Z8S791286; Arctic Silver Metallic, GT3 Cup billboards/Black cloth; Estimate $135,330 – $166,560; Unrestored original 2 condition; With Reserve; Not sold at Hammer bid of $119,715. – 3,600/381hp, 6-speed, 19-inch alloy wheels, Michelin Pilot Sport Cup tires, 4-point belts, air conditioning, power windows, braced roll bar, vinyl outside graphics. – Said to be under 15,000 km and looks like it. The catalog notes that the garish GT3 Cup billboards are vinyl stickers that can be removed, something that should be high on the list of the next owner. – First, of course, there has to be a “next owner”, something that didn’t happen here in Monaco due to an understandable difference of opinion between the consignor and the bidders. The reported high bid is, however, close enough to the low estimate that a bit of accommodation on both sides could have seen a deal done. That assumes that the reported high bid is real money.

Lot # 181 1976 Chevron Re-creation B36 Sports Racer; S/N CH7602WH1; Ivory/Black fiberglass; Estimate $104,100 – $156,150; Competition car, original as-raced 3+ condition; With Reserve; Hammered Sold at $69,747 plus commission of 15.00%; Final Price $80,209. – RHD. Britec twincam Cosworth Ford BDG 4 cylinder engine, Cosworth slide throttle fuel injection, 1975cc/275hp, fire system, Willans harnesses, right side gear change, Momo steering wheel. – More recently given a new tub (original tub is included) and raced at the Le Mans Classic. Lots of chips on the nose from racing. The decals are sun dried and cracking. The panel edges are chipped and bashed. The interior is surprisingly well kept with no soiled areas at all. The wheels are highly polished but the balance weights are taped on. The Avon tyres are old. Probably not ready to hit the track right this second, but close enough and this is a very well-proven, very quick little car both when new and in recent historic events. – Reportedly sold by RM at London in 2019 for $204,960 where it was presented as the Le Mans class winner in 1977 and 1978. It isn’t; it is a replica of that car. Done to good standards and showing some racing-related use, this is a fair price to pay for a re-creation and a solid value in a historic racer (although its eligibility may be in question as a re-creation.)

Lot # 182 1969 Mercedes-Benz 280SE Cabriolet; S/N 11102512001955; Engine # 13098012014851; Dark Blue/White leather; White cloth top; Estimate $166,560 – $187,380; Visually maintained, largely original 3 condition; With Reserve; Post-block sale at an undisclosed amount, hammer bid $108,626. – 2,778/160hp, automatic, wheel covers, Hankook tires, Blaupunkt multiband radio, Kuhlmeister air conditioning, power windows. – Very good repaint with a few nose stone chips and a ridge on the right side where it has polished through. Very good chrome except the usual weak cockpit trim. The driver’s seat outside bolster is heavily cracked but the rest of the upholstery is good. The cloth top is sound and tight but soiled. The left side of the windshield is delaminating. Underneath it is surprisingly good and clean. – This is a used car and it brought used car money, as it should have. After being serviced it will be a rewarding weekend driver or tour car and is a sound value in this transaction despite changing hands in RM’s June 2020 Online European auction for $162,705 (€143,000 at the time, this price is €120,000 all-in.)

Lot # 183 1968 Ferrari 365 GT 2 + 2, Body by Pininfarina; S/N 11527; Grigio Argento/Red leather; Estimate $124,920 – $176,970; Visually maintained, largely original 4+ condition; With Reserve; Hammered Sold at $135,330 plus commission of 15.00%; Final Price $155,630. – 4,390/320hp, 5-speed, power windows, power steering, Blaupunkt multiband radio, chrome spoke Borrani wire wheels, Michelin XWX tires, yellow lens Carello halogen headlights. – Glass out mediocre repaint over old paint with dirt inclusions. Rust bubbles over both headlights and on the nose. Filled right sill, door bottom and left front fender leg. Scratched chrome, pitted taillight housings and peeling left vent window frame. Good recent seat coverings. Dirty original undercoat in the wheel wells. Static displayed since 1985. A car best avoided. – Offered by RM at Paris three months ago from the Petitjean collection where it was a no-sale on a reported high bid of $207,902 (€184,000.) Meticulously restored it might bring $300,000 but it will cost far more than the headroom left at this price to get it there. It is permanently underwater at this price and, honestly, would be even if it were given away.

Lot # 184 1976 Ferrari 365 GT4 2 + 2, Body by Pininfarina; S/N 19489; Oro Kelso/Black leather; Estimate $83,280 – $104,100; Visually maintained, largely original 3- condition; With Reserve; Hammered Sold at $62,460 plus commission of 15.00%; Final Price $71,829. – 4,390/340hp, 5-speed, built in Alcatel Radiotelephone, Ansa exhaust, five Cromodora centerlock alloy wheels, Pirelli tires, AutoSound A310 cassette stereo, air conditioning, power windows. – Superficial but protective repaint in the original color with shrinkage showing on the hood. Sound and lightly used original upholstery appropriate to the 78,576 km on the odometer. Decent trim chrome with wear and pitting door handles. Peeling wheel paint and scratched wheel nuts. Clean engine with paint loss from being hosed down. A bit nasty, but honest and represented with the original matching numbers engine, gearbox and rear axle. – Quickly returned to the market after being sold for $84,602 at RM’s auction of the Jean Guikas collection six months ago, perhaps related to import bond issues that were not highlighted in the prior transaction. The Monaco bidders hedged their bets with this result and can pay duties and VAT on this result while coming out the other side with a reasonably priced 5-speed 365 GT4 even in this well-used condition.

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