Equipment
Triple Weber carbs, Borrani wire wheels, Semperit tires, wood-rim steering wheel.
Condition
#4 Fair
Has visible flaws to the naked eye. Runs fine, but could use mechanical or cosmetic attention.
Cracked, chipped, crazed paint. Pitted chrome. Dirty but complete engine bay. Interior is very tired but not terrible. Recently discovered in a garage after long-term storage. Last registered in 1976. First owned by Angelo J. Sarubbi, the former mayor of North Bergen, New Jersey who was indicted for extortion and fraud. A dirty, tired old car, but showing 20,359 miles and in better shape than the red barn find Lusso at RM.
Market commentary
The values of Lusso barn finds were definitively pegged at Monterey this year with two similar cars, here and at RM, selling around $2 million. This is the better example and it brought a better price. In order for it to make sense, though, it has to put restored Lusso values somewhere around $3 million and the sale of cosmetically restored but presentable and usable Lusso s/n 5791GT here for $2.2 million puts that notion out to pasture. Think about that, a cosmetically restored Lusso is worth less than a ratty barn find. It doesn't compute.