June 2014 Auction Recap

Onto June’s highlights. First up was Bonhams’ sale in Greenwich, Connecticut. The top sale there was a crazy sum for this 1975 Lamborghini Countach LP400 Periscipica. The price? $1,210,000. Yikes!

Photo - Bonhams

Photo – Bonhams

The legendary Fitch Phoenix brought $253,000. And our featured Stoddard-Dayton sold for $170,500. This cool 1927 Essex Super Six Boattail Speedabout caught my eye for $55,000.

Photo - Bonhams

Photo – Bonhams

Our featured De Dion-Bouton went for $93,500. And the 1911 Reo Express sold for $22,000. Click here for full results. Continue reading

Koenig Evolution Testarossa

1987 Ferrari Testarossa Koenig Competition Evolution II

Offered by Artcurial | Le Mans, France | July 5, 2014

Photo - Artcurial

Photo – Artcurial

The Ferrari Testarossa sort of defines 1980s exotic sports cars (along with the box-ified Countach). But what happens when you need more than just a Testarossa? Well Koenig happens, that’s what.

We’ve featured another Koenig-tuned Ferrari in the past, but this one is decidedly cooler and more extreme. It started life as a Testarossa but within a year of its manufacture, it was in the hands of Koenig Specials in Munich. They applied their Competition Evolution package to it (and later, re-worked it to look more like a 512 M at the front). There’s a little F40 look to it at the back too, no?

The engine is the standard 4.9-liter Flat-12 but it has been tuned to make 800 horsepower. A lot has been revised here and more than you can see. Technical bits have been bettered so that this thing drives a little less wild than it looks. Koenig only modified 21 Testarossas with this (or a similar) package. It should sell for between $110,000-$165,000. Click here for more info and here for more from this sale.

Update: Sold $160,860.

Ferrari 375 Plus

1954 Ferrari 375 Plus Spider Competizione by Pinin Farina

Offered by Bonhams | London, U.K. | June 27, 2014

Photo - Bonhams

Photo – Bonhams

The Ferrari 375 MM was a very exclusive car built by Ferrari between 1953 and 1955. It was a big-engined car – but Enzo wanted an even bigger engine – a faster race car that he could sell to his customers. So he commissioned a run of racing barchettas that used a bored and stroked Formula 1 V-12 engine. The 4,954 cc V-12 was initially underrated at 330 horsepower (later it would be listed as 347 with a top speed of 186 mph).

This car was a factory racer – campaigned by Ferrari’s favorite drivers. The competition history includes:

  • 1954 Mille Miglia – DNF (with Umberto Maglioli)
  • 1954 Silverstone Grand Prix Formula 1 support race – 1st (with Jose Froilan Gonzalez)
  • 1954 24 Hours of Le Mans – 37th, DNF (with Maglioli and Paolo Marzotto)

Ferrari more or less retired the 375 Pluses thereafter (Jose Froilan Gonzalez and Maurice Trintignant won the ’54 race in their 375 Plus). This car was sold to the head of the Kleenex company who later traded it to his friend. The competition history continues:

  • 1955 12 Hours of Sebring – DNF (with Jim Kimberly & Ed Lunken)
  • 1955 Road America 500 – 6th (with Howard Hively)
  • 1956 12 Hours of Sebring – DNF (with Troy Ruttman & Hively)

The car was more or less abandoned in Cincinnati after its racing career ended. In 1989, someone removed it from the land it sat on and it was sold to a French buyer. The guy in Cincy reported it stolen and Belgian authorities impounded the car. A lawsuit ensued but the car was gloriously restored and the suit eventually settled. More litigation followed by heirs over car parts – but thankfully everything has been settled and this car is ready to race in the hands of its new owner.

This was the best Ferrari the company produced up to 1954. The fastest, most dominant prancing horse there was. It is one of five built and could bring a record amount for a Ferrari of this vintage at auction. Click here for more info and here for more from Bonhams’ Goodwood sale.

Update: Sold $18,315,846.

May 2013 Auction Highlights

May had a number of sales in it, first among them was Bonhams’ Collector’s Motor Cars and Automobilia sale in Hendon. The top sale was this 1956 Bentley S1 Continental by Mulliner for $426,066.

Photo - Bonhams

Photo – Bonhams

Our featured Ansaldo and Bianchi failed to sell. Our featured OSI-Ford brought $29,029 and the Ferrari 612 Sessanta $153,309. The coolest non-feature car was this 1949 Bentley Mk VI Countryman Shooting Brake by Harold Radford. It sold for $89,836. Check out full results here.

Photo - Bonhams

Photo – Bonhams

Worldwide Auctioneers held their annual Houston sale in April and our featured Hupmobile brought $66,000. Top sale was a 1971 Plymouth Hemi Cuda for a very strong $489,500. You’ll have to check out full results on your own.

Next up was RM’s Monaco sale, where our featured Ferrari 275 GTB/C for $7,860,283. All five of the classic F1 cars we featured ended up selling, with the Brabham-Repco topping this list at $1,502,701. The Ferrari F1-89 brought $847,678. The Renault beat its estimate for $315,953. The Hesketh missed its estimate for $385,308. And the Tyrrell went for $246,597. The Bentley R-Type Fastback sold for $963,270. Ferraris dominated, the second-biggest sale was this 1969 250 GT Cabriolet Series I by Pinin Farina for $6,473,174.

Photo - RM Auctions

Photo – RM Auctions

Our other featured Ferraris all fared fairly well, except the 575 GTZ, which failed to sell. The 599 SA Aperta killed it, selling for $955,564. And the 575 Superamerica brought $300,540. The Maserati 450S failed to sell, as did the Aston Martin AMR1. Our featured Bizzarrini brought $755,204. The Porsche 959 Prototype sold for $655,024 while this 1956 Porsche 356 A Carrera 1500 GS Speedster by Reutter went for what, if it isn’t, has to to be close to a record for a 356: $1,155,924.

Photo - RM Auctions

Photo – RM Auctions

The Mirage M12 sold for way below its estimate: $115,592. The Lister-Jaguar “Knobbly” went for $1,618,294. And last but not least, the Alpine M64 sold for $431,545. Whew. We featured a lot of cars from this sale, but it was pretty awesome. You should check out the full results here.

Now onto another Bonhams sale: the estate of Ralph W.E. Cox Jr. in Cape May, New Jersey. The top sale was our featured Premier Racebout for $143,000 – way more than the top end of the estimate. The Ford Model AC sold for $88,000 and the Waltham Buckboard $12,320. Those are essentially the highlights, car-wise, but this 1929 Savoia-Marchetti S-56 is pretty cool and it brought $100,000. Check out full results here.

Photo - Bonhams

Photo – Bonhams

Motostalgia’s sale in Houston in conjunction with the Keels & Wheels Concours d’Elegance featured a Duesenberg that we had featured previously. But it failed to sell. The top sale there was this 1955 Porsche 356 Pre-A Cabriolet Continental for $335,500. You can check out full results here.

Photo - Motostalgia

Photo – Motostalgia

Coys’ Monaco sale saw all four of our feature cars sell. The Autobianchi Jolly brought $72,730. And the MCA’s went a follows: Rascasse V12 – $114,560; ALA50 –  $135,500; Centenaire – $211,200. See complete results here.

Next up, Auctions America’s annual Auburn Spring sale at their headquarters in Indiana. The top sale here was this awesome 1934 Chrysler Custom Imperial Airflow for $213,400.

Photo - Auctions America

Photo – Auctions America

Our featured Frazer Manhattan sold for $27,500. “Biggest Boat” award goes to this beautiful 1957 Mercury Monarch Turnpike Cruiser Two-Door Hardtop for $51,700. Check out full results here.

Photo - Auctions America

Photo – Auctions America

And back to Bonhams: their amazing all-Aston Martin (and Lagonda) sale. This thing is crazy lucrative for Bonhams with nearly everything selling (of course, our featured Lagonda Prototype didn’t). And selling for a lot. In total, 43 cars sold and all but five of those were six-figure dollar amounts. Four sold for less than $100,000 and the top seller was this 1970 Aston Martin DB6 Mk 2 Volante for $1,273,284. What an event. Click here for full results.

Photo - Bonhams

Photo – Bonhams

And then more from Bonhams, who had a very active month. Their Spa Classic sale featured some really nice cars – the most expensive of which turned out to be our featured Ferrari 308 rally car for $835,163. The Hommell we featured did not sell. Check out full results here.

The biggest seller at  Mecum’s annual Spring Classic in Indianapolis was a 1963 Shelby Cobra 289 for $885,000.

Photo - Mecum

Photo – Mecum

We featured three cars from this sale and somehow they all ended up being drag cars from the 1960s. Neither of the Mercurys sold, but the Pontiac Catalina was this sale’s #2 seller at $530,000. Interesting vehicles were topped by this beautiful 1937 Diamond T Model 201 Deluxe Cab pickup for $58,000. Check out full results on Mecum’s website.

Photo - Mecum

Photo – Mecum

Finally, the biggest sale Silverstone’s May Sale was this 1971 Ferrari Dino 246 GT for $421,000-ish.

Photo - Silverstone Auctions

Photo – Silverstone Auctions

We didn’t get to feature a car from this sale, but you can check out full results here.

A Ferrari Rally Car

1976 Ferrari 308 GTB Group B by Michelotto

Offered by Bonhams | Francorchamps, Belgium | May 18, 2014

Photo - Bonhams

Photo – Bonhams

When one thinks of Ferrari race cars, they think of Formula 1 or sports cars. Hardly anyone pictures rally cars. And yet, that’s what we have here. Not only a Ferrari rally car, but a Ferrari 308 rally car – one of the cheapest Ferraris money can buy today.

But this car ain’t cheap. Let’s start with a little history… the FIA brought about Group B rally in 1983. Michelotto built and campaigned Ferrari race cars and they jumped at the chance race in Group B. But Ferrari didn’t want to build 25 homologation specials in order to take it racing. So Michelotto took standard road-going cars and turned them into rally cars. No specials needed if the road car is quick enough to be made into a racer. The engine is a 2.9-liter V-8 making 288 horsepower.

This is a 1976 Ferrari (the 308 was fiber glass until 1977, when it became steel) that Michelotto converted to rally status in 1983. They only built four of them and this is the first and most successful of those four, having won the Spanish rally championship and coming in as “Vice-Champion” in Italy (which makes it sound like a proponent of gambling and drugs). The other three cars all had more powerful engines.

You can pick up a road-going 308 for about $35,000. If you want a Michelotto Group B 308, be prepared to shell out between $760,000-$1,000,000. Yikes! Click here for more info and here for the rest of Bonhams’ Spa sale lineup.

Update: Sold $835,136.

Three Limited-Edition Ferraris

2012 Ferrari 599 SA Aperta

Offered by RM Auctions | Monaco | May 10, 2014

Photo - RM Auctions

Photo – RM Auctions

Did you know Ferrari made a drop-top version of the 599 GTB Fiorano (to be more accurate, it’s a convertible 599 GTO)? Well, you wouldn’t be alone if you didn’t. The 599 was built from 2007 through 2012 (model years). There were a couple of limited edition versions of this car, but only one cut the top off.

It follows in the footsteps of two other V-12 front-engine Ferrari drop-tops: the 575 Superamerica and the 550 Barchetta. This uses the same 670 horsepower 6.0-liter V-12 engine from the 599 GTO. Very little was ever mentioned of this car. There were no magazine covers and it garnered little press. Probably because all 80 were sold before it was even released.

And this car is #80 of 80 – the last one built. Very rare, very new, and very exciting, this car should sell for between $625,000-$825,000. Click here for more info.

Update: Sold $955,564.

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2008 Ferrari 612 Sessanta

Offered by Bonhams | Hendon, U.K. | April 28, 2014

Photo - Bonhams

Photo – Bonhams

The Ferrari 612 Scaglietti was the 2004 replacement for the long-lived 456M. It’s a 2+2 four-seat coupe. It is not the most popular Ferrari of all time, but I’ve always liked them. It lasted through 2011 before it was replaced by the new FF.

The Sessanta was a limited-edition model built in 2007 and 2008. The engine is a front-mounted 5.7-liter V-12 making 540 horsepower. That makes this four-seater capable of 196 mph. The Sessanta (Italian for “60”) was to commemorate Ferrari’s 60th year. It featured two-tone paint (available in two variations) and special trim and badging. Ferrari also hiked the price big time.

Guess how many they built. That’s right, 60. This is one of only four right-hand drive models constructed. It is very rare and should sell for between $130,000-$170,000. Click here for more info and here for the rest of Bonhams’ Hendon lineup.

Update: Sold $153,309.

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2006 Ferrari 575 Superamerica

Offered by RM Auctions | Monaco | May 10, 2014

Photo - RM Auctions

Photo – RM Auctions

The Ferrari 575M Maranello was the successor to the 550 Maranello and precursor to the 599 GTB Fiorano. Ferrari built a convertible of the 550, called the 550 Barchetta. And it was a success. So they decided to do the same thing with the 575M.

The Superamerica featured an electrochromic glass roof that rotated and stored flat over the trunk of the car. It has kind of a targa look to it instead of pure convertible. The engine is a more powerful version of the one in the hard top – that is, a 5.7-liter V-12 making 540 horsepower.

This two-owner car is one of only 599 built and has 7,700 miles. These cars were highly sought after for years after they were built and there will be a point where these cars no longer depreciate and start going up in value. Right now, you can get your hands on this one for between $235,000-$325,000. Click here for more info and here for more from RM in Monaco.

Update: Sold $330,540.

575 Superamerica

2006 Ferrari 575 Superamerica

Offered by RM Auctions | Monaco | May 10, 2014

Photo - RM Auctions

Photo – RM Auctions

The Ferrari 575M Maranello was the successor to the 550 Maranello and precursor to the 599 GTB Fiorano. Ferrari built a convertible of the 550, called the 550 Barchetta. And it was a success. So they decided to do the same thing with the 575M.

The Superamerica featured an electrochromic glass roof that rotated and stored flat over the trunk of the car. It has kind of a targa look to it instead of pure convertible. The engine is a more powerful version of the one in the hard top – that is, a 5.7-liter V-12 making 540 horsepower.

This two-owner car is one of only 599 built and has 7,700 miles. These cars were highly sought after for years after they were built and there will be a point where these cars no longer depreciate and start going up in value. Right now, you can get your hands on this one for between $235,000-$325,000. Click here for more info and here for more from RM in Monaco.

Update: Sold $330,540.

Ferrari 599 SA Aperta

2012 Ferrari 599 SA Aperta

Offered by RM Auctions | Monaco | May 10, 2014

Photo - RM Auctions

Photo – RM Auctions

Did you know Ferrari made a drop-top version of the 599 GTB Fiorano (to be more accurate, it’s a convertible 599 GTO)? Well, you wouldn’t be alone if you didn’t. The 599 was built from 2007 through 2012 (model years). There were a couple of limited edition versions of this car, but only one cut the top off.

It follows in the footsteps of two other V-12 front-engine Ferrari drop-tops: the 575 Superamerica and the 550 Barchetta. This uses the same 670 horsepower 6.0-liter V-12 engine from the 599 GTO. Very little was ever mentioned of this car. There were no magazine covers and it garnered little press. Probably because all 80 were sold before it was even released.

And this car is #80 of 80 – the last one built. Very rare, very new, and very exciting, this car should sell for between $625,000-$825,000. Click here for more info.

Update: Sold $955,564.

Ferrari 612 Sessanta

2008 Ferrari 612 Sessanta

Offered by Bonhams | Hendon, U.K. | April 28, 2014

Photo - Bonhams

Photo – Bonhams

The Ferrari 612 Scaglietti was the 2004 replacement for the long-lived 456M. It’s a 2+2 four-seat coupe. It is not the most popular Ferrari of all time, but I’ve always liked them. It lasted through 2011 before it was replaced by the new FF.

The Sessanta was a limited-edition model built in 2007 and 2008. The engine is a front-mounted 5.7-liter V-12 making 540 horsepower. That makes this four-seater capable of 196 mph. The Sessanta (Italian for “60”) was to commemorate Ferrari’s 60th year. It featured two-tone paint (available in two variations) and special trim and badging. Ferrari also hiked the price big time.

Guess how many they built. That’s right, 60. This is one of only four right-hand drive models constructed. It is very rare and should sell for between $130,000-$170,000. Click here for more info and here for the rest of Bonhams’ Hendon lineup.

Update: Sold $153,309.

Ferrari F1-89

1989 Ferrari F1-89

Offered by RM Auctions | Monaco | May 10, 2014

Photo - RM Auctions

Photo – RM Auctions

For 1989, Ferrari’s F1 car was the F1-89 – also known as the Ferrari 640. It was the first Ferrari F1 car for the new, non-turbo era. The engine is a 600 horsepower 3.5-liter V-12. and it was Gerhard Berger’s ride for part of the 1989 season. Unfortunately, F1-89 was plagued with reliability issues and this car DNF’d every race it was in. Which isn’t really a ringing endorsement – but then again, this is a Ferrari Formula One car you can own – and it will cost you between $825,000-$1,250,000. Click here for more info.

Update: Sold $847,678.