1966 Ferrari 275 GTS

VIN: 07655

$600,259

Sold

Seller details

  • Auction

    RM Auctions

  • Location

    Maranello, IT

  • Event date

    May 18 - May 19, 2008

  • Lot

    325

Vehicle specs

  • Chassis/VIN

    07655

  • Body style

    Spider

  • Odometer

    22000 M

  • Interior Color

    Beige leather; Beige cloth top

  • Exterior Color

    Red

  • Generation

    1964-1966 Ferrari 275 GTS

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Chrome spoke Borrani wire wheels, blackwall tires, Becker AM FM. Repainted and reupholstered in the current livery in the mid 1980s, with only about 3,000 miles in the last two decades. Well maintained, good paint, interior and chrome and showing little use or age, a perfect tour car for the coming summer months. Ferrari Classiche Certified.

Market commentary

Sold by RM at Monterey in 1998 for $160,286, about Euros 145,300 had there been a Euro at the time. Todays transaction is Euros 240,000 more, a healthy but not unreasonable rate of return for an owner who thinks in European value terms. For the U.S. seller, however, it is a huge home run, $385,404 (before deducting the sellers commission) on an investment of $160,000, which makes most investment funds even those specializing in taking advantage of currency fluctuations pale by comparison.

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