1958 Ferrari 250 GT

VIN: 1157GTModified

$361,671

Sold

Seller details

  • Auction

    Bonhams

  • Location

    Gstaad, SW

  • Event date

    Dec 19, 2007

  • Lot

    214

Vehicle specs

  • Chassis/VIN

    1157GT

  • Body style

    Coupe

  • Transmission type

    Standard

  • Horsepower

    240

  • Interior Color

    Tan leather

  • Exterior Color

    Dark Blue

  • Generation

    1958-1960 Ferrari 250 GT

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Chrome spoke Borrani wire wheels, bullet outside mirror, multi band radio. Disc brakes retrofitted by Ferrari in 1961. Engine (internal number 048D) reputedly to Testa Rossa specs originally in Enzo Ferraris 250 GT s n 1109 installed before sale to Julio Battista Falla in 1959. Competently maintained and cosmetically redone. Clean and orderly underhood.

Market commentary

This car was Dark Blue when it sold for CHF 73,980 ($50,156) at the Brooks Geneva auction in 1998 but the current White by the time it sold at Bonhams Monaco auction in 2003 for $73,472 (Euros 61,900). It was bid to CHF340,000 on the block here before selling at this value post block. The earlier transactions were without benefit of the story about the special engine, which contributed a huge bump to the value of the car on top of the recent rapid price escalation of Pf coupes generally. The buyer obviously accepted the LM spec engine story at face value to pay this much, an awe inspiring price for a Pf Coupe, no matter whose foot once controlled the butterflies of its engine. .

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