by Mike –
This just in – a Tweet from Gooding & Co,
Well done! Lot 149, the 1967 #Ferrari 330 GTS, sells for a final $2,062,500. #Scottsdale #Auctions
The original Post is: A Ferrari Sleeping Beauty Has A Coating Of Grime, Spots Of Surface Rust And A Blackened And Cracked Windshield.
David Gooding predicted a $2 million sales price for this Ferrari. How can he be so accurate for a car like this?
The second Post is: Something To Think About.
The elderly widow who had this car in her garage for 45 years sold this car to a dealer for “about $ 1 million”. That dealer just made close to $1 million after owning the car for a few weeks and not spending any money on cleaning the car that’s for sure.
It probably cost a few bucks to keep the special patina in place until the auction was over.
This photo is before the car was sold to the dealer. The headlights and the nose badge have been removed along with many other parts.
All of the removed parts have been re-installed leaving the dirt in place
The Seller And Gooding
Good for the widow and the auction house. Does anyone think that the widow would have gotten anything more on her own?
Absolutely she would have gotten more on her own – she (or her son) could have taken the car to Gooding . You must have not read this previous Post – https://mycarquest.com/2014/01/something-to-think-about.html
where I wrote,
“The elderly widow of the owner of this Ferrari who had this car in her garage for 45 years gets “about $1 million” while the auction company and the dealers get another $1 million if Gooding’s estimate is correct.
If my math is right then the elderly widow is paying about a 50% commission to sell an investment that her deceased husband made in 1969!”
I would suggest that had she been more in tune with the market, unlikely due to probable age and not being aware, she could have done much better by contacting an auction house, but still $1mill is ok, I guess!!
Gooding is laughing all the way to the bank
The real interesting auction story was the two 300 SL’s one was restored the other was unrestored . The unrestored car sold for 1,897,000.00 the restored car 1,402,000.00
If you have a original car it could be worth a lot more than you think!