1969 Ferrari 365 GTC

VIN: 12795

$1,072,500

Sold

1969 Ferrari 365 GTC

Seller details

  • Auction

    Gooding & Company

  • Location

    Amelia Island, FL; US

  • Event date

    Mar 8, 2013

  • Lot

    46

Vehicle specs

  • Chassis/VIN

    12795

  • Body style

    Coupe

  • Odometer

    21506 K

  • Engine Type

    V12

  • Horsepower

    352

  • Induction

    6x2

  • Interior Color

    Tan

  • Exterior Color

    Lipstick Coral

  • Generation

    1968-1970 Ferrari 365 GTC and 365 GTS

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Centerlock alloy wheels, Michelin XWX blackwall tires, Motorola AM/FM, power windows, 8-track stereo, Daytona steering wheel, Morocco license plate, tool kit, original manuals and folio, suede upholstery.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

Originally bought by Woolworth heiress (and Lance Reventlow's mother) Barbara Hutton in custom colors, the last 365 GTC built. Good original paint, chrome and attractive suede upholstery and interior trim. Original undercoat on chassis. Some lightly scuffs.

Market commentary

365 GTC values took off in Scottsdale 2012 and fed into the result for this singular celebrity-owned 365 GTC here, a triumph of timing. Taking Scottsdale 365 GTC prices as the market baseline, this result is no more than reasonable but in a longer view of history and exclusivity it is a transcendental Ferrari price that is going to be hard if not improbable to maintain. For reference, if it makes any difference, it was a no-sale at RM's Monterey auction in 2000 with a reported high bid of $95,000. Back then the paint color was disrespectively described as 'bubble gum.'

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