Monterey’s Million Dollar Ferraris: From Scrap to GTO

Decent amounts

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Ferrari Auction RM Sotheby's Monterey

Auction house RM Sotheby’s organizes an auction on Thursday, Friday and Saturday of Monterey Car Week where all kinds of exclusive cars go under the hammer. As always, the Ferraris in the auctions are good for considerable amounts, but this weekend there are some very notable sales. We highlight a few.

As you may have noticed from the car news these days, Monterey Car Week is a pretty exclusive party. The auctioneers of this world know that too, so the show week is the stage for hammering off quite a few hyper-exclusive cars. Ferrari’s (historical) products are also well represented – as is often the case. And even if they are in a lesser condition, they can yield very decent amounts …

Ferrari Auction RM Sotheby's Monterey

1954 Ferrari 500 Mondial Spider Series I auctioned for $1,875,000

Yes, this scrap piece once manufactured by Pinin Farina made nearly $2 million this weekend. Some smart guy on Twitter (or X) suggests that it may be purely for the chassis number and that Ferrari – if you have such a number – would be happy to make you a new one, provided you bring enough money. We’re not sure if that’s right; strange is this purchase anyway.

Ferrari Auction RM Sotheby's Monterey

2011 Ferrari 599 GTO auctioned for $1,039,000

Ferrari’s 599 GTO are already close to the million anyway. And if it’s a particularly low-mileage (like 263 miles) compound, they just go over it.

Ferrari Auction RM Sotheby's Monterey

1972 Ferrari Dino 246 GT auctioned for $434,000

The time when you could buy a Ferrari Dino for a few tens of thousands of euros is not even very far behind us. In recent years, however, they have risen sharply in value; something that is especially true if it was Keith Richards, it turns out.

Ferrari Auction RM Sotheby's Monterey

1968 Ferrari Dino 206 GT auctioned for $456,000

However, an early Dino with a very rare all-aluminum body is worth even more. Even if they are not in very good condition.

Ferrari Auction RM Sotheby's Monterey

1967 Ferrari 330 GTS auctioned for $1,116,000

This Ferrari seems to come from the same dusty shed as the Dino above, is even rarer and therefore yielded (much) more. Only 99 would have been made in the 1960s.

Ferrari Auction RM Sotheby's Monterey

Ferrari 250 GT Coupe Speciale by Pinin Farina auctioned for $1,655,000

Another one in the ‘needs some love’ category: the 250 GT Coupe Speciale. Four were once made of this and this one comes – just like a number of other cars in this list – from a barn in which a number of Ferraris were slacking off for 50 years. Despite that, the cars still ‘just’ have a future, otherwise such amounts would not have been paid for them.

Ferrari Auction RM Sotheby's Monterey

1978 Ferrari 512 BB Competizione auctioned for $1,490,000

One of three cars prepared by Ferrari for the 1978 24 Hours of Le Mans. According to the description ‘still in the condition the car finished the race’: this example stood still for 42 years.

Ferrari Auction RM Sotheby's Monterey

1956 Ferrari 410 Superamerica Coupe Series I auctioned for $2,810,000

This car also comes from the collection that remained untouched for 50 years. Twelve of the 410 Superamerica Coupe were once made, this copy was shining at the Paris Salon in 1956. It was originally blue by the way!

Ferrari Auction RM Sotheby's Monterey

1965 Ferrari 275 GTB/6C Alloy auctioned for $3,305,000

And then, the most expensive of the bunch: a 275 GTB/6C with an aluminum body manufactured by Scaglietti. The 6C in the name stands for the number of carburettors. We fear that all six could use some love, because this copy also stood still for a long time until recently: no less than 44 years.

Ferrari Auction RM Sotheby's Monterey

Bonus: the engine of a Ferrari Enzo auctioned for $78,000

Complete with the associated wiring and the carbon fiber air intake. What would you mount it in?

– Thanks for information from Autoweek.nl

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