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1960 Ferrari 250 GT Cabriolet

  • Designed by Pininfarina
  • Chassis Number: 2039 GT
  • Engine Number: 2039GT
In 1957 Ferrari produced its first real convertible model for the road, the 250 Gran Turismo Cabriolet, bodied by Pinin Farina. Only 40 of these first series soft top Ferraris were built before being replaced with the updated Series II in September of 1959. This car is one of only 202 second-series 250 GT Cabriolets built between 1959 and 1962. Also bodied by Pinin Farina, these cars were more comfortable and refined, as not to be confused with the competition-oriented 250 California Spyders of the same era.

The 250 Series was Ferrari's first volume-produced model and had become essential to the company's ongoing stability. The first of the 250 Series, the 250 Europa, was built from 1953 to 1954 with fewer than twenty cars built. Next came the 250 GT in 1954 and brought with it a lighter and more compact Colombo-designed 3-liter V12 replacing the prior bulkier Lampredi unit. The Colombo engine was a single-overhead-camshaft all-aluminum unit offering 220 horsepower. The 250GT was shorter in wheelbase than the Europa and continued Ferrari's multi-tube frame setup tied together by oval main tubes, although the independent front suspension was now used coil springs instead of the previous transverse leaf setup. Hydraulic drum brakes were placed at all four corners, and there was a four-speed, all-synchromesh gearbox sending power to the rear wheels. Late in 1959, four-wheel disc brakes arrived, and a four-speed-plus-overdrive gearbox arrived the following year.

Scaglietti and Pinin Farina produced open-top Spider and Cabriolet bodystyles, and many other carrozzerie built bodies for the 250 GT chassis. During its production lifespan, over 900 examples of the 250 GT were built, making it the most successful Ferrari of its time.

This example is number 58, and came off the assembly line in December of 1960. The original colors were Grigio Fumo over Rossa vinyl and leather. It was delivered to Carrozzeria Pinin Farina in Turin on June 6th of 1960, and completed on August 12th. In September it was sent to Baron Emmanuel 'Toulo' De Graffenried's Italauto SA dealership in Lausanne, Switzerland. It soon was sent to Ferrari of California. Its first known owner was Charles Kern of Ayer, Massachusetts. It was acquired by William Freeman of Ashburnham, Massachusetts on April 18th of 1975. It remained with Mr. Freeman for just over three years before it was sold to Gerald Martel of Fitchburg, on August 29th of 1978. On July 13th of 1985 it was acquired by James and Rita Condon. By this point in history, the car was finished in red over red. It remained with them for nearly two decades; during that time it was well maintained and treated to a mechanical rebuild by Motorkraft.

In July of 2004, the car was sold to Scott Gibbons of Boulder, Colorado. In 2005 it was sold to Richard Powers. Mr. Powers had the car shipped to his Costa Rican restoration shop, Auto Clasico De Costa Rica, on November 12, 2005 for a total, body off restoration. The work was completed in 2006 and it was sold to Mike Leahy of Idaho. The current owner acquired it in August of 2007.

In 2007 it was shown at Concorso Italiano.

Next, it was sent to Horsepower Enterprises in Lancaster, Pennsylvania where it was stripped to bare metal and repainted in the original Grigio Fumo and the trim was correctly replaced. The interior was redone as correctly as possible in Beige.

In May of 2008 it was shown at the Reading Concours d'Elegance where it won the Tazio Nuvolari Award for Best Honored Model. In 2009 it was shown at the Amelia Island Concours d'Elegance. In 2010 it was shown at the Cavallino Classic in Palm Beach where it won Gold. In 2011 it received the official Ferrari Classiche certification and accompanying Red Book. It also won a Platinum Award in its class at the 2011 Cavallino Classic.

2018 Bonhams : Quail Lodge

Pre-Auction Estimates :
USD $1,500,000-USD $1,800,000 
Sale Price :
USD $1,682,500

1960 Ferrari 250 GT Auction Sales

Recent Sales of the Ferrari 250 GT

(Data based on Model Year 1960 sales)
1960 FERRARI 250 GT SERIES II CABRIOLET Coachwork by Pinin Farina
Chassis#: 1879 GT
Sold for USD$940,000
  2024 Gooding : Amelia Island Concours
 
1960 Ferrari 250 GT Coupé Series II by Pinin Farina
Chassis#: 1957 GT
Sold for USD$403,047
  2023 RM Sothebys : London
 
1960 FERRARI 250 GT SERIES II CABRIOLET
Chassis#: 1817 GT
Sold for USD$1,300,000
  2023 Gooding & Company : Pebble Beach
1960 Ferrari 250 GT image  1960 Ferrari 250 GT image  
1960 Ferrari 250 GT Coupe Series II by Pinin Farina
Chassis#: 1775 GT
Sold for USD$280,000
  2023 RM Sothebys : Monterey
1960 Ferrari 250 GT image  1960 Ferrari 250 GT image  
1960 Ferrari 250 GT Coupé Series II by Pinin Farina
Chassis#: 1873 GT
Sold for USD$522,752
  2023 RM Sothebys : Villa Erba
 
1960 Ferrari 250 GT Coupe Series II by Pinin Farina
Chassis#: 1851 GT
Sold for USD$533,000
  2022 RM Sothebys : Monterey
1960 Ferrari 250 GT image  1960 Ferrari 250 GT image  
1960 Ferrari 250 GT Series II Cabriolet
Chassis#: 2075 GT
Sold for USD$1,462,500
  2020 Gooding & Company : Scottsdale Arizona
1960 Ferrari 250 GT image  1960 Ferrari 250 GT image  
1960 Ferrari 250 GT Coupe
Chassis#: 2081 GT
Sold for USD$335,000
  2019 Gooding & Company : Amelia Island
1960 Ferrari 250 GT image  1960 Ferrari 250 GT image  
1960 Ferrari 250 GT Coupé by Pinin Farina
Chassis#: 1831 GT
Sold for USD$722,569
  2019 RM Sothebys : Paris
 
1960 Ferrari 250 GT 'Series II' Coupé
Chassis#: 2003 GT
Sold for USD$580,206
  2018 Bonhams : Pada Auction
 
1960 Ferrari 250 GT Series II Pininfarina Coupé
Chassis#: 1625
Sold for USD$1,130,921
  2018 Bonhams : Zoute Sale
 
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina
Chassis#: 2007 GT
Sold for USD$1,325,000
  2018 RM Sothebys : Monterey
1960 Ferrari 250 GT image  
1960 Ferrari 250 GT Series II Cabriolet Coachwork by Pinin Farina
Chassis#: 2039GT
Sold for USD$1,682,500
  2018 Bonhams : Quail Lodge
1960 Ferrari 250 GT image  1960 Ferrari 250 GT image  
1960 Ferrari 250 GT Coupé
Chassis#: 1567GT
Sold for USD$771,691
  2018 Bonhams : Goodwood
 
1960 Ferrari 250 GT Coupe by Pinin Farina
Chassis#: 1745 GT
Sold for USD$720,000
  2018 RM Sothebys : Amelia Island
1960 Ferrari 250 GT image  1960 Ferrari 250 GT image  
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina
Chassis#: 1939 GT
Sold for USD$1,407,500
  2018 RM Sothebys : Scottsdale, Az.
1960 Ferrari 250 GT image  
1960 Ferrari 250 GT Coupé by Pinin Farina
Chassis#: 1935 GT
Sold for USD$692,049
  2017 RM Sothebys : Ferrari - Leggenda e Passione
 
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina
Chassis#: 1779 GT
Sold for USD$1,662,603
  2017 RM Sothebys : Ferrari - Leggenda e Passione
 
1960 Ferrari 250 GT Coupé Series II by Pinin Farina
Chassis#: 1617 GT
Sold for USD$676,210
  2017 RM Sothebys : Villa Erba
 
1960 FERRARI 250 GT SERIES II CABRIOLET
Chassis#: 1967GT
Sold for USD$1,430,000
  2017 Bonhams : Scottsdale, AZ
 

Ferrari 250 GTs That Failed To Sell At Auction

1960 Ferrari 250 GT's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina23812023 RM Sothebys : Villa Erba $1,200,000$1,400,000
1960 FERRARI 250 GT SERIES II CABRIOLET2135 GT2022 Gooding & Company : Pebble Beach $1,500,000$1,800,000
1960 Ferrari 250 GT Cabriolet S22071 GT2019 Bonhams : The Zoute Sale $1,200,000$1,600,000
1960 Ferrari 250 GT Series II Coupé1823GT2019 Bonhams : The Zoute Sale $550,000$750,000
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina1805 GT2019 RM Sothebys : Amelia Island   
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina1983 GT2019 RM Sothebys : Paris $1,200,000$1,400,000
1960 Ferrari 250 GT Cabriolet Pinin Farina2139 GT2017 Artcurial : Retromobile $1,200,000$1,600,000
1960 Ferrari 250 GT Series II Cabriolet2115 GT2016 Rick Cole : Monterey $1,400,000$1,600,000
1960 Ferrari 250 GT cabriolet Pininfarina Série 2 avec hard-top inox unique1925 GT2016 Rétromobile 2016 by Artcurial Motorcars $1,400,000$1,800,000
1960 Ferrari 250 GT Series II Cabriolet1967 GT2016 Gooding & Company : The Scottsdale Auction $1,800,000$2,200,000
1960 Ferrari 250 GT Series II Cabriolet1939 GT2016 Gooding & Company : The Scottsdale Auction $2,000,000$2,300,000
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina2047GT2015 RM Sotheby's : Monterey $1,800,000$2,200,000
1960 Ferrari 250GT Series II Cabriolet508F 1801GT2006 Bonhams Exceptional Ferrari and Maserati Motor Cars $450,000$500,000
1960 Ferrari 250 GT Coupe 2002 Michigan Fall Classic Car Auction The Kughn Collection$42,500  

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1960 Ferrari 250 GT

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