1955 Ferrari 750 Monza

VIN: 0502MModified

$2,067,650

Sold

Seller details

  • Auction

    RM Auctions

  • Location

    Battersea Evolution, London, UK;

  • Event date

    Oct 26, 2011

  • Lot

    235

Vehicle specs

  • Chassis/VIN

    0502M

  • Body style

    Spider

  • Interior Color

    Black leather

  • Exterior Color

    Red

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

RHD. Outside laced silver painted Borrani RW 2977 wheels on front, RW 3102 on rear. Hard cover over passengers seat, single Plexi windscreen, 58 DCOE Webers, no drivers head fairing. Excellent paint, good interior. Interesting, sympathetic restoration preserving much of the original detail, weld spatter and crude repairs. DNF at Sebring in 1955 with Ernie McAfee and Harold Wheeler for first owner William Doheny. Later raced by McAfee on the West Coast. Sold to Temple Buell in 1956 and raced by Masten Gregory, Dabney Collins, Lou Brero and Jack Bates. Corvette powered by Harry Washburn in 1959 and eventually retired until discovered by Bruce Lavachek in 1979 who also found the original engine with Dick Merritt. Restoration eventually completed in 2003. Wheels look original, just rebuilt and repainted. A very nice job of preservation. Ferrari Classiche certified.

Market commentary

Sold by RM in Monterey in 2007 for $1,540,000 (GBP 773,000 at the time) and kept in nearly like new condition since. The $2.5 million (GBP 1,550,000) low estimate is generous; the reported high bid of GBP 1.3 million is reasonable but the consignors decision to look for more also is understandable in todays hot market for correct, accurately restored, complete Mille Miglia eligible competition Ferraris.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.