Image credit: © conceptcarz.com (Reproduction Or reuse prohibited).
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.
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 Coupe by Pinin Farina Chassis#: 1825 GT Sold for USD$483,500 2024 RM Sothebys : Monterey | |
1960 FERRARI 250 GT SERIES II CABRIOLET Coachwork by Pinin Farina Chassis#: 1879 GT Sold for USD$940,000 2024 Gooding : Amelia Island | |
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 Coupe Series II by Pinin Farina Chassis#: 1775 GT Sold for USD$280,000 2023 RM Sothebys : Monterey | |
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 Series II Cabriolet Chassis#: 2075 GT Sold for USD$1,462,500 2020 Gooding & Company : Scottsdale Arizona | |
1960 Ferrari 250 GT Coupe Chassis#: 2081 GT Sold for USD$335,000 2019 Gooding & Company : Amelia Island | |
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 Series II Cabriolet Coachwork by Pinin Farina Chassis#: 2039GT Sold for USD$1,682,500 2018 Bonhams : Quail Lodge | |
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 Cabriolet Series II by Pinin Farina Chassis#: 1939 GT Sold for USD$1,407,500 2018 RM Sothebys : Scottsdale, Az. | |
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 |
Ferrari 250 GTs That Failed To Sell At Auction
1960 Ferrari 250 GT's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina | 2115 GT | 2024 RM Sothebys : Monterey | $1,200,000 | $1,500,000 | |
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina | 2381 | 2023 RM Sothebys : Villa Erba | $1,200,000 | $1,400,000 | |
1960 FERRARI 250 GT SERIES II CABRIOLET | 2135 GT | 2022 Gooding & Company : Pebble Beach | $1,500,000 | $1,800,000 | |
1960 Ferrari 250 GT Cabriolet S2 | 2071 GT | 2019 Bonhams : The Zoute Sale | $1,200,000 | $1,600,000 | |
1960 Ferrari 250 GT Series II Coupé | 1823GT | 2019 Bonhams : The Zoute Sale | $550,000 | $750,000 | |
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina | 1805 GT | 2019 RM Sothebys : Amelia Island | |||
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina | 1983 GT | 2019 RM Sothebys : Paris | $1,200,000 | $1,400,000 | |
1960 Ferrari 250 GT Cabriolet Pinin Farina | 2139 GT | 2017 Artcurial : Retromobile | $1,200,000 | $1,600,000 | |
1960 Ferrari 250 GT Series II Cabriolet | 2115 GT | 2016 Rick Cole : Monterey | $1,400,000 | $1,600,000 | |
1960 Ferrari 250 GT cabriolet Pininfarina Série 2 avec hard-top inox unique | 1925 GT | 2016 Rétromobile 2016 by Artcurial Motorcars | $1,400,000 | $1,800,000 | |
1960 Ferrari 250 GT Series II Cabriolet | 1967 GT | 2016 Gooding & Company : The Scottsdale Auction | $1,800,000 | $2,200,000 | |
1960 Ferrari 250 GT Series II Cabriolet | 1939 GT | 2016 Gooding & Company : The Scottsdale Auction | $2,000,000 | $2,300,000 | |
1960 Ferrari 250 GT Cabriolet Series II by Pinin Farina | 2047GT | 2015 RM Sotheby's : Monterey | $1,800,000 | $2,200,000 | |
1960 Ferrari 250GT Series II Cabriolet | 508F 1801GT | 2006 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 |
Vehicles With Comparable Market Values
Similar sales to the $904,510 range.
1991 Jaguar XJR-15 Chassis#:008 Sold for $907,000 2024 RM Sothebys : Monterey | |
1971 McLaren M19A Chassis#:M19A-1 Sold for $902,163 2024 RM Sothebys : Monaco | |
1985 Lancia Delta S4 Rally Chassis#:ZLA038AR000000207 Sold for $902,163 2024 RM Sothebys : Monaco | |
2010 Ferrari 599 GTO Design by Pininfarina Chassis#:ZFF70RCA1B0181248 Sold for $907,200 2024 Bonhams : Miami | |
2019 FORD GT Chassis#:2FAGP9CW7KH200117 Sold for $902,000 2024 Barrett-Jackson : Palm Beach | |
2011 Ferrari 599 GTO Chassis#:ZFF70RCA4B0177016 Sold for $896,000 2024 RM Sothebys : ModaMiami | |
2011 FERRARI 599 GTO Chassis#:ZFF70RCA1B0177202 Sold for $907,000 2024 Gooding : Amelia Island | |
1997 Porsche 911 Turbo S Chassis#:WP0AC2993VS376048 Sold for $896,000 2023 RM Sothebys : Monterey | |
1964 Ferrari 250 GT/L Berlinetta Lusso by Scaglietti Chassis#:5521 GT Sold for $907,000 2023 RM Sothebys : Monterey | |
1987 KREMER PORSCHE 962C Chassis#:CK6-87 Sold for $907,000 2023 Gooding & Company : Amelia Island Auction | |
2017 Ford GT Chassis#:2FAGP9CW2HH200082 Sold for $907,000 2023 RM Sothebys : Arizona | |
1965 Shelby 289 Cobra Roadster Chassis#:CSX2516 Sold for $907,500 2023 Mecum : Kissimmee | |
1994 Porsche Turbo S 'Package' Chassis#:WP0AC2963RS480454 Sold for $912,500 2022 RM Sothebys : The Youngtimer Collection - Miami | |
1929 Bugatti Type 37 Chassis#:37385 Sold for $897,929 2022 Bonhams : Les Grandes Marques a Monaco | |
1961 Maserati 3500 GT Spyder By Vignale Chassis#:AM101 1295 Sold for $896,000 2022 RM Sothebys : Amelia Island | |
1977 PORSCHE 934/5 Chassis#:930 770 0951 Sold for $912,500 2022 Gooding & Company : Amelia Island Auction | |
1949 Alfa Romeo 6C 2500 SS Villa d'Este Chassis#:915.888 Sold for $912,500 2021 Gooding & Company : Pebble Beach Concours Auction | |
1964 Aston Martin DB5 Chassis#:DB5/1466/L Sold for $912,500 2021 RM Sothebys : Monterey | |
1997 Porsche 911 (993) 3.8 RSR Carrera Cup Chassis#:WP0ZZ99ZVS398082 Sold for $907,250 2021 Silverstone Auctions : The Classic Sale at Silverstone | |
1990 PORSCHE 962C Chassis#:962-163 Sold for $901,057 2021 Gooding & Company : Geared Online |
1960 Ferrari 250 GT
• Additional valuation insight and sales data• History
• Specifications
• Image gallery
• Other Ferrari 250 GT model years