Artcurial Rétromobile Auction Features a 1958 Ferrari 250 GT Cabriolet

Artcurial Rétromobile Auction Features a 1958 Ferrari 250 GT Cabriolet

Artcurial Rétromobile Auction Features a 1958 Ferrari 250 GT Cabriolet

$RACE

Of all the very Top Lots to come to public auction, more than 50% are Ferraris, and most of those most are variants of the 250, produced during the 1950’s and early 1960’s.

The Ferrari 250, with its a race-bred V12 engine, appeared in a wide variety of body styles: coupé, berlinetta and cabriolet.

This was the era of hand made coachbuilding.

Ferrari built the chassis, then the bodies were crafted by Italy’s finest carrozzerie like Scaglietti and Pininfarina.

Race-prepared 250s, like the Testa Rossa and the GTO, brought Ferrari unprecedented success on the track.

And as victories added up, the world’s most glamorous people lined up for sports cars that was not just at the very far leading edge of motoring technology, but had Movie-star looks to rival performance.

Most highly prized among the roadgoing 250’s are the cabriolets, with the Top prices achieved by the S Scaglietti California SWB model, such as the famous example owned by the Hollywood star James Coburn, Steve McQueen, and James Garner.

But there is a rarer car and it is the Series 1 Cabriolet by Pininfarina, the car pictured here, it could just be the best of the lot.

 The multi-million Euro estimate put it in very rare company, but still well below prices that have been achieved by some of its siblings.

The 1958 Ferrari 250 GT Cabriolet Series 1 by Pinin Farina is Lot 95 in the Artcurial Rétromobile sale in Paris Friday, 9 February 2018. Estimate €7,000,0000 – €9,000,000;​ artcurial.com

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 118.74 24 January 2018 -0.19 119.26 119.46 118.09 244,365
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.34) Bullish (0.35) Bullish (0.40) Bullish (0.26)

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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