Ferraris sparkle at Monterey auctions

| 21 Aug 2014

The Maranello manufacturer was at the heart of the most headline-grabbing stories at Monterey this week, not least for the $38m that changed hands for a 250GTO at Bonhams' 14 August sale.

In any other week, the $26,400,000 realised for RM Auctions' 1964 Ferrari 275GTB/C Speciale by Scaglietti would have been a sensational figure. It is one of only three works Berlinetta Competizione cars ever built, and was fitted with lightweight aluminium bodywork, a Tipo 563 chassis and 320bhp 312 competition 3286cc V12 engine.

Ferraris sparkle at Monterey auctions

The car's condition is equalled by its provenance; the matching-numbers 275 has been meticulously researched by Swiss Ferrari historian Marcel Massini, including a detailed account of its restoration in the late 1990s.

Meanwhile, at Gooding & Co, a 1961 Ferrari 250GT SWB California Spider sold above its pre-sale upper estimate at $15,180,000. Also sporting Scaglietti bodywork, it is one of only 37 examples with covered headlights and boasts Ferrari Classiche certification. It is also fitted with a rare hardtop.

Ferraris sparkle at Monterey auctions

Back at RM Auctions, a 1964 250LM crossed the block for $11,550,000.

The car was the 19th of just 32 produced and was sold new to Bill Harrah via Chinetti Motors. Harrah kept the car for two years, racking up 800 miles of road use before selling it to a doctor in Beverly Hills, who continued to use it in a similar fashion. It was shown at Pebble Beach in 1969 before suffering a crash, and passing through a number of hands prior to its restoration was finally completed in 1992.

Ferraris sparkle at Monterey auctions

In the same sale was a 1967 Ferrari 275GTB/4 once owned by Steve McQueen. The car was delivered new to the actor while he was on the set of Bullitt, and remained with him for four years. It was also owned by Lost in Space star Guy Williams, and was owned by Vern Schuppan when it was entered into the auction. It fetched $10,175,000.

Ferraris sparkle at Monterey auctions

Another '67 275GTB/4, this time without the McQueen connection, sold for $3,750,000.

Ferraris sparkle at Monterey auctions

An alloy-bodied 1965 275GTB later in the sale cost its new owner $3,382,500.

Ferraris sparkle at Monterey auctions

A 1953 Ferrari 250 Europa Coupé with bodywork by Pinin Farina, also in the RM sale and one of the stars of this year's Concorso d'Eleganza Villa d'Este, changed hands for $2,750,000.

Ferraris sparkle at Monterey auctions

In comparison, the 1961 250GT NART Spider bodied by Fantuzzi seemed a relative bargain, with a final sale price of $1,017,500. Its unusual bodywork attracted plenty of attention.

Ferraris sparkle at Monterey auctions

Back at Bonhams, a 1958 250GT Series 1 fetched $6,820,000, while a '53 250MM once driven by Phil Hill made a shade more at $7,260,000.

Ferraris sparkle at Monterey auctions

Ferraris sparkle at Monterey auctions

Dino prices showed no signs of cooling either, as a 1974 246GTS sold for $440,000 at Gooding & Co.

Ferraris sparkle at Monterey auctions