Christie’s will sell a 1958 Ferrari 250 GT on 20 November in Paris: Bloomberg.
Angelina Jolie, the famous Hollywood actress and philanthropist, is putting up for auction her vintage 1958 Ferrari 250 GT, which will be sold at Christie’s in Paris on 20 November. According to Bloomberg, the starting price of the car is estimated at 800 thousand euros, but auction experts believe that it can range from 600 thousand to 800 thousand euros.
History and characteristics of the Ferrari 250 GT
This Ferrari, which has been designated as a “collector’s item”, is the 11th of 353 examples produced between 1955 and 1960. The car, which has a Pininfarina SpA body, demonstrates a combination of elegant design and exceptional performance. The 250 GT was first unveiled at the 1958 Paris Motor Show and is powered by a 12-cylinder engine with 240 horsepower and advanced Weber carburettors, which emphasises its sporty character.
According to the information provided by Christie’s, this car has retained its original engine, but there is a possibility that in 1978 it was repainted from the original white and blue to black. It is also noted that the red interior replaced the original black. The odometer reads 64,244 miles, although it is not known if this is reliable.
The collector car market and its impact on prices
It is worth noting that the cost of Ferrari 250 GT models fell from $525,000 to $410,000 over the past year, indicating a general cooling of the collector car market. In addition, sales results in Monterey in August this year fell by 8% compared to the previous year, which underscores the downward trend in prices in this segment.
Photo: maxnews.
Looking to the future
The sale of Jolie’s Ferrari comes on the heels of news that Christie’s has acquired the renowned automotive auction house Gooding & Co. in a move that aims to expand the auction house’s range of products amid a weaker art market. After almost 15 years of not participating in car auctions, the company is returning with ambition.
The car will be on view in Paris at Christie’s on 14, 16 and 20 November. Despite the fact that Gooding & Co. representatives will not participate in the sale, the auction promises to attract the attention of collectors and car enthusiasts from all over the world.
