Heroshot

1971 Lamborghini Miura

P400 S
$149.3M worth of cars at RM Sotheby's Monterey
Thursday, 12 August - Saturday, 14 August 2021
$2,095,000
Sale Price
$1,800,000 - $2,200,000
Est. Range
Yes
Reserve
14 August 2021
Sold Date
345
Lot Number
#2-
Modified restoration
RM Sotheby's
Auction House
Chassis no. 4761, Engine No. Polished aluminum with silver sills over blue leatherette, cloth inserts. 3,929/370hp, four 3-barrel Weber carburetors, Campagnolo alloy wheels, Pirelli CN73 tires.

Evaluation: Bought new by an Iranian family and delivered to their 19 year old daughter at UC Berkeley. It was intended for immediate sale. The daughter, however, had a different idea and drove it for two years while enduring enough contretemps to introduce her to a San Mateo body shop. After yet another accident (confined to the right headlight area, it is said) the body shop owner purchased it and stored it for the next four decades. Now restored to operating condition with the exterior paint stripped and polished and the very good original interior. Mechanically refreshed as needed. The odometer shows a believable 15,938 miles and it purrs like a kitten.

Bottom Line: In terms of making a dramatic first impression this Miura P400S led the field at RM’s Monterey auction with its polished aluminum body. Its history is only slightly less remarkable. It was fascinating to see how the bodywork was fabricated in pieces, then welded together and smoothed. This is a fabulous price for a P400S but it bought a car that will stop traffic at Consorso. Repaint it and immediately reduce the value by 50 percent.

by Rick Carey
23 September 2021
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.