Join Date: Oct 2007
Ferrari Life Posts: 3,996
Record prices ?!
Checked the Rick Cole auction results from Monterey and found, that besides the General exponential price movements these days, 2 more common classics showed high paid Prices too:
365 BB No. 18625 was sold for USD 550'000
low mile Daytona No. 16943 was sold for USD 1'155'000
I can not remember having ever heard of such F-cars sold at those prices ?!
It reminds me to a old saying from the floor Operators at CME or NYSE that bull markets often tend to go far further than most would expect before the inevitable correction/collapse (i.e. for how Long are we expecting the correction now...3 years...5 years...7 years...yes it will come...but from where to where...? ;-)
Present: 365 GTB/4, Scud
Past: 250 GTE, 250 PF (2), 275 GTBsn, 330 GTC, 456GT, 550, 360Stradale, 430Scuderia, F40, F50