Stampede Of Rare Ferraris Heads To Monterey Auction Block - Motor Authority
On both the track and auction block, Ferraris are known for incredible performance. And over two dozen examples, spanning much of the storied company's existence, will be up for sale during auction house Mecum’s main event during this month's Monterey Car Week. Ferrari's modern era will be represented by cars including a 2013 458 Italia , a 2011 599 GTB Alonso Final Edition , and a three-pedal 2003 575M. But with estimates ranging between $270,000 and $500,000, those models, desirable as they may be,... Along with perennial favorites like the 1972 365 GTB/4 Daytona, there will be a 1968 330 GTS originally owned by casino king Bill Harrah, a stunning 1964 275 GTB "Short Nose," and a one-owner 1964 250 GT/L "Lusso. If history is any guide, all of '60s cars are practically guaranteed to appreciate, as classic Ferrari prices have skyrocketed of late—and the market has shown no signs of slowing. Source: www.motorauthority.com
