1971 Iso Grifo

GL Series II
Bonhams Goodwood Revival 2021
Saturday, 18 September
£345,000 ($474,547)
Sale Price
£200,000 - £250,000
Est. Range
Yes
Reserve
18 September 2021
Sold Date
275
Lot Number
#3-
Unrestored original
Bonhams
Auction House
Chassis no. 7L1103339D; Engine no. 1536T0303CZU. Yellow over black leather. 454/330hp Chevrolet "Can-Am" spec V-8, 5-speed, removable targa top half panels, Campagnolo alloy wheels, penthouse bonnet scoop, leather-trimmed steering wheel, special order Blaupunkt pushbutton radio, power windows, air conditioning, heated rear screen with wiper.

Evaluation: Ordered new by a South African gentleman and collected from the factory then driven to the UK. Then used to tour Europe extensively with Kenlowe fans added for cooling. In 1974 he parked it in dry storage having covered 20,873 miles, and it has recently emerged from its nearly half century of dormancy.

It has had a minor paint buff up for the sale and looks bright enough but there are chips and slight corrosion to some edges as well as some crazing. The chrome and exterior trim look aged and the wheels show some surface corrosion. The wonderfully original and preserved interior just perfect and has the aroma of the ’70s. A Bonhams rep remarked that they found a full box of cigars in the glovebox. This car is just so, so cool.

Bottom Line: Represented as one of three big-block Iso Grifos in right-hand drive, and made even more desirable thanks to its 5-speed manual and removable targa panels. Add to that the fact that it is a genuine single owner, original condition car and it’s easy to see why this was one of the most anticipated cars of this sale. Bidding soared past its high estimate and the final result is well over what even show-ready Grifos sell for.

The premium for originality here was huge, but it isn’t barn find craziness. Sure, it won’t be cheap to get this Grifo back on the road, but it will be relatively straightforward. Nobody will need to cut away rust and go on a treasure hunt for hard to find trim pieces. And once it’s sorted, the factory fit and finish will still be there. That, and the unique specs, are what the new owner paid for here.

by Andrew Newton
2 October 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.