Sale Price
$150,000 - $200,000
Est. Range
13 August 2021
Sold Date
Lot Number
Older restoration
Auction House
Chassis no. CF60; Engine no. 1092K11KR. Silver over black leather. RHD, 428/345hp Ford V-8, automatic, chrome wire wheels, Dunlop tires, horseshoe shifter, dash clock, power windows, aftermarket rear suspension.

Evaluation: One of 51 coupes. Restoration work in 2015 and earlier this year. Good, possibly original chrome. Good older paint other than a small blister at the front of the hood. The wheels and tires look brand new. Some wear on the switchgear and shifter but good newer seats. Tidy underneath. Never fully restored all at once but got consistent and major attention when necessary from a long-term owner.

Bottom Line: These are seriously cool cars, and arguably quite undervalued when you consider their looks (very similar to the also Frua-designed Maserati Mistral), performance, hand-built construction, and rarity. 428s don’t often come to market, especially in this country, but this result is in line with what others have brought over the past several years. Over at RM Sotheby’s, however, there was a collection of rare pre- and post-war ACs that captured more attention, and the 428 Spider out of that group brought a very strong $302,000.

by Andrew Newton
22 August 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.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.