1965 Ferrari 275 GTB

Sale Price
$1,100,000 - $1,300,000
Est. Range
4 March 2022
Sold Date
Lot Number
Incomplete restoration
Gooding & Company
Auction House
Chassis no. 7529; Engine no. 7529. Silver primer exterior over black leather. V12, 3286/240hp, 5-speed, centerlock alloy wheels, short nose body.

Evaluation: Rotted sills. Wiring folded into a disorganized nest on the passenger’s floor. Bad door fits. A “loosely assembled” long-abandoned incomplete restoration that needs everything.

Bottom line: The only hope for this 275 GTB is a comprehensive no expense spared restoration in its original color of Giallo Stemma Ferrari (Ferrari Crest Yellow). It will be an expensive process, but at this price it might be achieved without going broke, if there are no unpleasant surprises. Based upon its condition as offered here unpleasant surprises are to be expected, however and just as the short nose body lifts when approaching its 150mph top speed, the restoration’s cost can be expected to lift as it proceeds and this is a realistic but far from safe amount to pay for it.

by Rick Carey
18 April 2022
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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.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.