Originally Posted by Jimmy Chen Shiba DDS View Post
Seth, that is an elegant car, and it is manual ! Gosh. Jimmy
I now have had inquiries from three buyers interested in the 412 and now have this issue and a resulting question: last summer I saw a fully restored 5-speed 412 - argento/black I recollect - in Germany offered at 70,000 euros ($95,000. at the time) and later sold; and just recently - and currently on offer - a blue sera/crema 5-speed at a London dealer, at 79,000 pounds ($126,000.), the latter a 1986 with under 6200 miles, thus clearly requiring a great deal of attention, said to have been carried out, to be certain all issues - and there must have been a myriad - have been addressed. So perhaps the market is beginning to recognize the value in these splendid 5-speed cars, properly driven and cared for.
What ought to be my selling price? (with a desirable car I typically do not have an asking price - when an inquirer asked last year what was my asking price for my 355, I replied that I do not have an asking price, only a selling price and told him the price at which my car could be bought. And don't bother your head about what to offer.
So my question to you, my FL friends and colleagues: what ought to be the selling price, given that I would like to sell but certainly do not need to sell?
Reminds me of a colloquy I had in about 1980 with Tom Parker, a couple of years after I had bought my old 330/365GTC prototipi from Luigi Chinetti from whom Tom had in the interim bought Chinetti International. He wanted to buy back the GTC. Told him it wasn't for sale, that it was m y first Ferrari, the one Ferrari I had always dreamed about and a car that I thought the Executor of my Estate - might it be many decades in the future - would be selling some very remote day. Tom persisted and said he really wanted the car and would I name a price, this at a time when the best GTC in the world might have fetched $30-40,000. Weeks later when I was visiting the store he persisted in demanding a price I would accept and I finally said 'okay, Tom, if it's so important to you, you can have the car for a quarter million dollars". He said, "Seth, you're out of your mind, the car's not worth nearly that". I replied: "Tom, I agree entirely; in today's market, to you it surely isn't, but it isn't worth less than that for me to let it go". Then came what may have been the worst business decision of my life: he offered to swap for my GTC and $10,000. a pristine 1967 275GTB4. And I turned him down.
But what was it worth to have my car in the Petersen Museum's 'Ferrari at Fifty' Exhibition in 1997, to be at the opening reception (at which the 550 Maranello was introduced to North America) and to meet Sergio Pininfarina and Piero Ferrari who told me as we walked to my car for the photo below that the 330GTC was one of his three favorite Ferraris and the first one that his father let him drive when he was 17?