by Mike -
I think most of you have heard about the Ferrari 275 GTB/4 NART Spider that sold at the RM auction in Monterey in August 2013 for a record setting $27.5 million.
Maybe you haven’t heard about the other Ferrari NART Spider that sold at auction that same weekend.
This 1971 Ferrari 365 GTB/4 Daytona NART Spider sold at the Gooding auction in Pebble Beach in August 2013 for $720,000.
* An Exceedingly Rare Michelotti-Bodied Daytona
* Commissioned by Luigi Chinetti for His Wife Marion
* Displayed at the 1980 Torino Motor Show
* Loaned to the Le Mans Museum Between 1981 and 1982
* Pristine Original Condition with Only 1,570 Miles Since 1976
* Maintained for Over 20 Years in an Important Private Collection
* Complete with Tool Kit, Hardtop, and Ferrari Classiche Attestation of Historic Interest
* Documented by Ferrari Historian Marcel Massini
That is a huge difference in price – $27.5 million and $720,000! They are both Ferrari NART Spiders but the numbers and letters that follow the Ferrari in their model designation make all the difference. One is a 275 GTB/4 and the other is a 365 GTB/4.
The 275 GTB/4 is one of the most beautiful Ferrari styles ever and it has a racing heritage (the Spider has a racing heritage too). The Spider was created by merely cutting off the top – thus leaving most of the beautiful body style in place. Only ten were made.
The 365 GTB/4 Daytona NART Spider was a complete re-body by Michelotti, so there is nothing left that resembles the original 365 GTB/4 Daytona. Less than ten were made – but that doesn’t matter. It has no race heritage and the looks, well, are a matter of personal taste.
So is the huge price difference worth it? At least one buyer and seller thought so.