The Bid is Right

No Flares, no chairs? No problem! Guess the winning bid on this Dino [Guessing Closed]

by Conner Golden
1 September 2022 3 min read
Bring a Trailer/Bill_Noon

This contest is now closed. Go here to see our latest Bid is Right contest.

Oh hey—another Dino is up for grabs on Bring a Trailer. This is the second Dino to hit the ultra-popular auction site since a silver-over-tan 1974 Ferrari Dino GTS brought a bankbusting $858,000, a shocking figure that turned our price guide data on its head. Thanks to that, we’re not quite sure the Dino market is as predictable as it once was. Maybe you’ve got some ideas—care to take a guess at where the high bid will land on BaT’s 1969 Ferrari Dino 206 GT?

Bring a Trailer/Bill_Noon

There’s $500 in it for your troubles, provided you’re the one that guesses the closest—without going over, of course—but more on that later. This rosso 206 follows a handsome espresso-colored 1972 246 GT that crossed the BaT block earlier this month, settling at a hefty $572,000 final sale price. Not bad, and since this nestles it squarely between our Price Guide’s value for a Condition #2 (excellent) and Condition #1 (concours) Dino, it’s definitely not a market buster like the $858,000 sale.

Only, that moonshot Dino might be a portent of a coming norm. An interview with Fast Cars Ltd.—the restoration shop behind both the silver and the espresso Dino—revealed the all-in tally on a few in-progress Dino builds sit at or beyond $700,000, potentially raising the bottom line of the market as sellers look to recoup costs. And, why buy a project car and wait well over a year for the work when you could skip to the chase and spend big on a completed car fresh from restoration? An $800,000 chairs-‘n-flairs Dino sold at RM Sotheby’s Monterey sale shows the market is now on the boil.

Don’t think we’ve teed this up for you. There are key differences between this red 206 and those two recently-sold 246s, starting with that controversial chairs-‘n-flares package. Regardless of your preference, a Dino with swollen fenders and seats from the contemporary 365 GTB/4 Daytona commands a premium of around 20 percent over a standard car according to our data. The silver car is one of 91 cars believed to carry this package from the factory, while the red Dino in this Bid is Right spotlight is one of just 152 2.0-liter 206s built before the switch to the larger 2.4-liter engine and “246” denomination.

Bring a Trailer/Bill_Noon

So, no Daytona chairs, and no Group 4 flares. It’s also not a fully restored car, as the silver car (restored 2019) and espresso Dino (restored in 2016) were, though each were commissioned to and subsequently restored to differing levels of originality by the same shop under the respective directions of the owners. That’s not to say this 206 presents in totally original condition, either; a handful of “refreshes” and repaints over the decades mean this early Dino exists as a clean, well-sorted driver ready for judging at regional shows and participating in classic rallies. Have we found a car with enough variables for you?

Alright, that should be enough to get you started. Our final piece of advice is to not discount the significant differences between a 206 and 246 Dino—we’re just not going to admit which direction these differences drive values.

If you think you’ve got a bead on what this rare now-you-can-call-it-a-Ferrari will claim when the clock winds down, shoot your shot in the comment section below. Closest to the pin without going over takes home a neat $500 for all your effort. Get guessin’.

Bring a Trailer/Bill_Noon

House rules:

  • The commenter who guesses closest to the hammer price without going over wins. (Hammer price excludes auction house fees).
  • One guess per commenter.
  • If two people guess the same amount (within a dollar) the earlier guess wins.
  • Commenters must provide first and last name in addition to email address.
  • We will close the guessing on Thursday, September 8th at 1:00 PM EST.
  • Your privacy is important to us, and we’ll never sell your information. By providing your email you will receive the weekly Insider newsletter, and you can opt out at any time.
  • You can read the full rules here.
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