1973 Ferrari 365 GTB/4 Daytona

VIN: 16109

$500,000

Sold

1973 Ferrari 365 GTB/4 Daytona

Seller details

Vehicle specs

  • Chassis/VIN

    16109

  • Body style

    Coupe

  • Engine Type

    V12

  • Horsepower

    340

  • Induction

    6x2 bbl

  • Interior Color

    Black

  • Exterior Color

    Yellow

  • Generation

    1968-1973 Ferrari 365 GTB / GTS Daytona

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Campagnolo alloy wheels, Michelin XWX tires, Ansa exhaust, Simpson lap belts, Momo leather-wrapped steering wheel, factory air conditioning, power windows, later Alpine cassette stereo, Marelli ignition modules.

Condition

#2 Excellent

Could win a regional car show. Drives like new.

About Hagerty’s condition ratingsClose

Fully restored in the 1990s and 8,000 miles ago, represented here as 48,985 miles from new. Very good paint other than a chip at the back edge of the hood, two more small ones at the back edge of the passenger's side door and at the corner of the left headlight door. Lightly scratched window frames. Very light wear to the steering wheel and seats but otherwise very good interior. Lightly used but tidy underneath, but the engine compartment is getting grimy and desperately needs a thorough detailing. Well restored in the first place but showing its age and consistent neglect. It will be a 3+ soon.

Market commentary

This is a legendary Daytona, not because of any remarkable history but on account of its long auction history at Mecum Auctions. It's been recorded some 14 times, but never sold, beginning in 2016 when it appeared at Kissimmee where it was reported bid to $800,000. It's gone from there to Monterey to Dallas to Kissimmee to Houston to Indy to Las Vegas. It took a detour to the Hollywood Wheels auction here at Amelia in 2018, then on to Mecum Kissimmee, Monterey, Chicago, Kissimmee again and Glendale, AZ almost a year ago before going into remission until it appeared here. Its last reported Mecum bid at Glendale was $575,000 and it has accurately traced the decline of Daytona values for four years as the consignor chased Daytona values down while adding 214 miles (accumulated largely by Mecum Transport drivers going on and off auction fields) never catching up until today. This is a sad end for a decent but shopworn Daytona. Overexposed doesn't nearly describe 16109. It's a relief to see it sold, a car that doesn't deserve its treatment as the poster-child for declining Daytona values. And it's actually a solid value in this transaction.

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