Will the Silverstone Lusso beat top estimate?

[Vanin]

https://www.silverstoneauctions.com/1963-ferrari-2...


1.75-2 Million

[Vanin]

I think that the bit extra factors with this car may help it on its way.
One of 17 remaining right hand drive cars, a great colour combination, restoration by one of the best firms in the world.
Interesting to see the result for the "Are things turning" thread here

[Vanin]

And here's the rub, as good a general restoration as this car is it does have a number of issues that would preclude it from gaining top marks on a show field and at this level these car have to be period correct. This car is not

[/quote]

So what issues does it have?

[Vanin]

Thank you Streetrod, that was most illuminating

[Vanin]

POORCARDEALER said:

Wont fetch 2M ....my guess is £1.2

1.65 million, not a bad result

[Vanin]

Agree with you on stooopid prices. But at least you can enjoy a well restored E Type on a daily basis whereas over 20 million on a GTO? You could only really enjoy it on a race track and you would be so scared of damaging it if you only wanted it for Pebble Beach and the like. I suspect a long European tour in it would be hell with the noise, heat, burning clutch and lack of storage space!

The trouble is that there is so much money in certain parts of the world now especially China and India, and when they start reading Classic Cars magazines and seeing these beautiful cars which are made in relatively tiny numbers, then money really is no object.

[Vanin]

Streetrod said:

So it seems I was right, even so it the sale price still makes it probably the most expensive standard Lusso to have sold at auction. The seller will be laughing all the way to the bank.

The buyer on the other hand, if they were taking this car on as an investment, might well get their fingers burned in my opinion, especially when you add the buyer’s premium. It’s a nice car but not a correct car. Better Lusso's were sold at Monterey a couple of weeks ago for a lot less money

I did hear that several sellers at the sale were very unhappy with the way the auction was presented, the lack of sparkle from the auctioneer and the general atmosphere. Perhaps Bonhams would have done better?