Collectors & Aficionados
Ferrari 250 GTO in New York. Which way does the scale tip?
In the exclusive realm of Ferrari GTOs, the recent $51.7 million sale of #3765 at Sotheby's sparks contemplation. A stable market signal, it safeguards the collective value of these Maranello masterpieces at an impressive $1.85 billion.
After the recent sale at Sotheby’s in New York of the GTO #3765 for $51.7 million, it’s fair to wonder whether the other 35 owners of these Maranello masterpieces feel satisfied or let down.
In a market as exclusive as this – with only 36 GTOs ever built in Maranello, all still existing in perfect, documented condition – its dynamics are closely linked to the price of each sale. Today, we can safely say that the collective value of the 36 Ferrari GTOs stands at an impressive one billion, eight hundred and fifty million dollars. Had the car been sold for $75 million, the market would have literally jumped to something like 2.7 billion dollars. Indeed, from that moment, anyone wishing to purchase a GTO, perhaps privately as has often happened, would have to be prepared to pay an amount within that price range.
