Friday 21 October 2016
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Mecum Monterey Auction This Week

Mecum Monterey Auction This Week

On both the track and auction block, Ferraris are known for incredible performance. And over two-dozen examples, spanning much of the storied company’s existence, will be up for sale during auction house Mecum’s main event during this week’s Monterey Car Week.

Ferrari’s modern era will be represented by cars including a 2013 458 Italia, a 2011 599 GTB Alonso Final Edition, and a three-pedal 2003 575M.

With estimates ranging between $270,000 and $500,000, those models, desirable as they may be, represent the relative low end of the scale, though there is a 1989 328 GTS—being described as one of the lowest-mile example in the world—which isn’t expected to fetch more than $325,000.

While a 1989 F40 is expected to easily crack the million-dollar mark, most of the seven-figure cars are of a significantly older vintage, and they represent a decent percentage of the field.

Along with perennial favorites like the 1972 365 GTB/4 Daytona, there will be a 1968 330 GTS originally owned by casino king Bill Harrah, a stunning 1964 275 GTB “Short Nose,” and a one-owner 1964 250 GT/L “Lusso.”

If history is any guide, all of the ’60s cars are practically guaranteed to appreciate, as classic Ferrari prices have skyrocketed of late—and the market has shown no signs of slowing.
Mecum’s annual Daytime Auction event will be held August 13-15 in Monterey, California. For full auction details, go to

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