1958 Ferrari 250 GT

Series I Cabriolet
$106.7M, record prices at Gooding & Company Pebble Beach 2021
Friday, 13 August - Saturday, 14 August
$4,405,000
Sale Price
$4,500,000 - $5,500,000
Est. Range
Yes
Reserve
14 August 2021
Sold Date
137
Lot Number
#1
Concours restoration
Gooding & Company
Auction House
Chassis no. 1075GT, Engine No. 1075GT. Oro Andalusia over brown leather with black cloth top. 2953/220hp, 4-speed, chrome spoke Borrani wire wheels, Pirelli tires, covered headlights, grille-mounted Marchal fog lights, books, tools.

Evaluation: 1958 Earls Court display car. Excellent paint, chrome, interior and everything else. Concours restored and conscientiously maintained. Ferrari Classiche certified, FCA and other Platinum awards. Second in class at Pebble Beach in 1964 (yes, 1964). Rescued by Tom Shaughnessy after fire damage and subsequently restored in its original exterior color to show winning standards.

Bottom Line: A desirable as the 250 GT Spider Californias are, the 250 GT Pinin Farina Cabriolets are even better proportioned and more balanced in their design. That balance, as well as the comfortable equipment of the cabs and their adaptability to comfortable touring, contributes to their value and 1075GT has all the attributes that contribute value in these cars. The new owner should be very happy with both the car and the modest (if $4.4M can ever be called “modest”) price it brought, an excellent value.

by Rick Carey
24 September 2021

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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.