Equipment
3286/280hp, triple Weber carburetors, 5-speed, Borrani wire wheels (set of Campagnolo starburst wheels included), Michelin WXW tires, Tubi exhaust, books and tools.
Condition
#3 Good
Runs and drives well. Flaws not noticeable to passersby. Most common condition.
North American model. With the same owner, the car's second, for 54 years. Originally a short nose car but converted to more desirable long nose appearance in the early 1980s, and has received restoration work over the years. The paint is showing some age with chips on the nose and very light scratches throughout. The brightwork looks good, but the driver's side vent window has a little pitting and looks worn thin. The interior looks very good with slight wear to the driver's seat. Engine bay looks very good. Underneath looks good as well, with just a little wear and use showing.
Market commentary
Despite the long-term ownership, the generally good condition and the somewhat modest estimate, this car sold at the very bottom of the range for a 275 GTB. Mecum Indy isn't just a muscle car auction, but it isn't heavy on 1960s Ferraris, either, and the altered bodywork is a big knock to this one's value even if most people think it looks better with the long nose. It was reportedly bid to $1.6M at Mecum Monterey in 2017 and to $1.5M there a year later, both missed opportunities. Then again, if the seller had owned this car since 1970, $1.24M is still a hell of a lot more than he paid for it.