Heroshot

1974 Ferrari Dino 246 GTS

Uniqueness before beauty?
Thursday, 22 September - Saturday, 24 September
$632,500
Sale Price
$400,000 - $500,000
Est. Range
No
Reserve
24 September 2022
Sold Date
3149
Lot Number
#2-
Older restoration
RM Sotheby's
Auction House
Chassis no. 97892. Red over black and red leather. 2419/195hp, 5-speed, Borrani wire wheels, Pirelli tires, headlight covers, fender flares, Daytona-style seats, leather-wrapped steering wheel, power windows, air conditioning, Becker Mexico stereo.

Evaluation: Genuine “chairs and flares” Dino, represented as one of 150 so-equipped, and sold new in the US. Good older paint and chrome. The leather seats look newer but the steering wheel shows serious wear on the leather rim, warping on the areas around the shifter, and worn switchgear. Tidy, maintained engine. Better than a driver-quality car, but it has a few things to nitpick, including upholstery that looks incorrect and the fact that the Borrani wires are not to everyone’s taste (this car had Campagnolos on it originally, and they are not included in the sale).

Bottom Line: Even though it doesn’t make the car faster or even make much of a difference in looks, the combination of Daytona seats and fender flares (“chairs and flares”) is a rare enough option that it can add a premium of 20 percent on top of a “regular” Dino. Plus, “chairs and flares” is fun to say. In the case of this Dino, despite having some incorrect details it blew past its estimate and sold for what a perfect, show-worthy Dino with regular seats and fenders ordinarily would.

by Andrew Newton
29 September 2022
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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.