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Wheel Fever - by Paladin

Ferrari 250 GT Auction Record

February 24th 2009 12:45
Despite the recession, record United States prices are expected to be reached in the annual ‘Automobiles of Amelia Island’ held by RM Auctions in March.

Headlining the list, with an estimated hammer fall of around US$3 million ($4.65m), is a 1959 Ferrari 250 GT LWB California Spyder.

The Pininfarina-penned design rendered into metal reality by auto maestros Scaglietti, and carrying a 179kW 3-litre V12 engine and a four-speed manual gearbox, is the 23rd of a total of about just 50 LWB Spyders ever built.

Built for Prince Alvise Hercolani of Modena, who sold it six months later to race driver Wolfgang Seidel, it features unusual front fender vents and bonnet air intake.

Ferrari Spyder
Ferrari Spyder


Also showcased in the auction listing is the `Yellow Peril’ 1911 Oldsmobile Autocrat race car, with an enviable track history dating up to classic events in the 1980s, but with many early trophies in its cabinet are from races on dirt. It’s said to have often competed with the fenders and lights removed for weight savings, and had a home-made fuel system that was a pioneering version of fuel injection.

Other cars going on the block include a 1954 Packard Panther-Daytona Roadster concept car – the only roadster version of the mere four Panther concepts built – with a one-piece fibreglass body and the first of the company’s wraparound windscreens.

Another rare concept is the 1941 Chrysler Newport Dual Cowl Phaeton, which was put to work as a pace car for the Indianapolis 500 and then retained by Walter P. Chrysler.

There is also a supercharged 1939 Bugatti Type 57C Faux Cabriolet known as `Charmaine, one of the last Bugattis built before WWII and tipped to possibly go for as low as $850,000, a 1953 Cunningham C-3 Cabriolet that could be yours for as little as $620,000, and a private collection of 1932 Fords – including a Roadster, a Cabriolet, a Woodie and a rare Ute.

Other cars on the list include

Top 10 car auction records (US$ prices)

1 1961 Ferrari 250 GT SWB Cal Spyder R M May-08 $10,894,400

2 1931 Bugatti Royale Type 41 Christie’s Nov-87 $9,800,000

3 1962 Ferrari 330 TRI/LM R M May-07 $9,281,250

4 1937 Mercedes-Benz 540 K Special Roadster R M Oct -07 $8,252,201

5 1937 Bugatti Type 57SC Atalante Coupe Gooding Aug-08 $7,920,000

6 1929 Mercedes-Benz 38/250 SSK Bonhams Sep-04 $7,443,070

7 1904 R olls-Royce 10hp Bonhams Dec-07 $7,254,290

8 1962 Ferrari 250 LM R M May-08 $6,979,000

9 1931 Bugatti Royale Type 41 Kruse Jun-86 $6,500,000

10 1962 Ferrari 330 TRI/LM R M Aug-01 $6,490,000

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