Heroshot

1968 Iso Grifo

GL Series I Coupe
$270,000
Not sold at a high bid of
$350,000 - $400,000
Est. Range
Yes
Reserve
110
Lot Number
#3+
Older restoration
RM Sotheby's
Auction House
Chassis no. GL840212; Engine no. 1087. Silver over beige leather. 5358/300hp Corvette V-8, 4-speed, Borrani centerlock alloy wheels, Michelin XWX tires, woodrim steering wheel, Becker Europa II radio.

Evaluation: Formerly in the Elkhart collection and the Sam and Emily Mann collection. The paint is a little gloppy around the grilles on the B-pillar. Scratches in the badge. Tired chrome. Imperfect door fit. Some flaws in the wheels. Tidy older restored engine bay. Good lightly worn interior. An always stylish Italo-American hybrid, lightly aged and mildly flawed. And the ability to grab spare parts at the neighborhood NAPA or AutoZone is always a plus.

Bottom Line: This car sold here in 2019 for $362,500, then sold out of the Elkhart collection in 2020 for $401,000. It isn’t any better since then but it isn’t any worse, either, so the decision to refuse a lowly $270k bid was understandable. While not a great Grifo, it shouldn’t have much trouble finding a higher price elsewhere.

by Andrew Newton
14 March 2022
Hagerty
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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.