1958 Ferrari 250 GT

VIN: 0979GT

$1,622,500

Sold

Seller details

  • Auction

    RM Auctions

  • Location

    Monterey, CA; US

  • Event date

    Aug 14, 2010

  • Lot

    346

Vehicle specs

  • Chassis/VIN

    0979GT

  • Body style

    Cabriolet

  • Odometer

    93601 K

  • Transmission type

    Standard

  • Engine Type

    V12

  • Horsepower

    240

  • Generation

    1958-1960 Ferrari 250 GT

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Grey painted wire wheels, covered headlights, bright trimmed front fender vents, Engelbert 6.00 16 blackwall tires. Fog lights behind grille. Upgraded with disc brakes in 1967. Console panel with ignition key and four switches. Restamped engine. Cracked, discolored taillight lenses, dented rear bumper with shadowed chrome. Good paint and very good new upholstery. No rear license plate bracket. Windshield corner delaminating. Grubby engine compartment. Weak chrome. A decidedly mediocre driver.

Market commentary

Bought right for its mixed history and sloppy condition, a discount of about 1 3 from the price of a correct, well restored Series I Cab. Sold by Orion in Monaco in 1991 for $434,210, then by Christies in Geneva in 1996 for $265,619, both times in Red before it got its present very attractive Silver Grey over Crimson leather livery.

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