Artcurial Monaco: 1962 Ferrari 250 GT Berlinetta SWB
Discussion
Wondering if anyone more clued up in the world of blue chip classics could enlighten me as to why the Artcurial 250 SWB made way below estimate last weekend at the Monaco Artcurial Auction. Estimate was 8 500 000 € - 12 000 000 € with the hammer falling (I believe) at around €5,400 000 - car was sold no reserve.
I have read the incredibly sad story of the previous German owner having a heart attack and subsequent fatal accident back in 2019. Car appears to have been very well restored since and is fully classiche certified. Many cars coming up for auction have been involved in much bigger shunts while subjectively the spec is rather splendid.
Anyway - if there is anyone with a better understanding of the market I would be interested to know for purely academic purposes, I am in no way part of this elite market, just always find it interesting to see what sells for what and why.
Link to Artcurial lot: https://www.artcurial.com/en/sales/vente-mc-134-th...
I have read the incredibly sad story of the previous German owner having a heart attack and subsequent fatal accident back in 2019. Car appears to have been very well restored since and is fully classiche certified. Many cars coming up for auction have been involved in much bigger shunts while subjectively the spec is rather splendid.
Anyway - if there is anyone with a better understanding of the market I would be interested to know for purely academic purposes, I am in no way part of this elite market, just always find it interesting to see what sells for what and why.
Link to Artcurial lot: https://www.artcurial.com/en/sales/vente-mc-134-th...
Someone queried this on Instagram…DK responded in the comments fairly quickly that it was due to the recent history (didn’t mention the fatality), then someone else filled in that gap.
Someone paying eight figures for one of these cars is buying it as much as an asset as it is a car….provenance/history are important with these cars.
As you say though there are probably plenty of cars that had very bad accidents in the 50’s and 60’s that are still worth a lot of money.
Someone paying eight figures for one of these cars is buying it as much as an asset as it is a car….provenance/history are important with these cars.
As you say though there are probably plenty of cars that had very bad accidents in the 50’s and 60’s that are still worth a lot of money.
Cheib said:
Someone queried this on Instagram…DK responded in the comments fairly quickly that it was due to the recent history (didn’t mention the fatality), then someone else filled in that gap.
Someone paying eight figures for one of these cars is buying it as much as an asset as it is a car….provenance/history are important with these cars.
As you say though there are probably plenty of cars that had very bad accidents in the 50’s and 60’s that are still worth a lot of money.
Pretty much every GTO and LM for startersSomeone paying eight figures for one of these cars is buying it as much as an asset as it is a car….provenance/history are important with these cars.
As you say though there are probably plenty of cars that had very bad accidents in the 50’s and 60’s that are still worth a lot of money.
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