Heroshot

1969 Ferrari Dino 206 GT

RM Sotheby's Munich 2022
Saturday, 26 November 2022
€303,125 ($315,311)
Sale Price
€150,000 - €200,000
Est. Range
No
Reserve
26 November 2022
Sold Date
118
Lot Number
#4+
Incomplete restoration
RM Sotheby's
Auction House
Chassis no. 00356. Rosso Chiaro over black leather. LHD. 2419/180hp, 5-speed manual transmission, Campagnolo alloy wheels, leather-wrapped steering wheel.

Evaluation: One of just 153 Dino 206 GTs constructed, and of only five imported to the UK. First owned by Le Mans driver and team owner Alain de Cadenet, although he kept it less than a year. It is advertised as a project car clearly requiring improvement after being in storage since 1979 and receiving some restoration work more recently. The body is ready for a full respray. The driver’s door has a long, thin dent. Part of the rear quarter glass is missing. The door cards and part of the dash are missing as well, plus various trim pieces. The engine is clean and the wheels are damage free, but that engine is not an original but instead a replacement Dino V6 from the related Fiat Dino. An honest presentation worth restoring.

Bottom Line: The steel-bodied 246 Dino was the first Ferrari produced in what anyone would call significant numbers. Over 3500 were screwed together from 1969-74. The earlier 206 series is a different story, despite the nearly identical bodywork. The body and engine block are both aluminum (instead of steel and cast iron on the 246, respectively), and it rides on a shorter wheelbase (90 inches vs. 92). It’s also 23 times rarer, so despite the extra performance and refinement of the later 246, a 206 is naturally worth significantly more.

And this one was worth more than RM Sotheby’s suspected, apparently, as its shabby unfinished condition and incorrect engine didn’t deter bidders as much as anticipated. There’s a long list of expensive receipts ahead before this 206 graces a show field, but it is worth saving.

by Andrew Newton
5 December 2022

Comments

  • wheelwonk says:

    This looked interesting at the presale estimate, but at the sales prices the oxygen is getting thinner. The door cards and dash of an essentially 10 year old car when parked indicate this car had been well used before the aborted restoration, loss of the original engine and raises general questions about what it must have looked like before the repaint.
    Still ….. what a beautiful design.

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