SCM Analysis
Detailing
Vehicle: | 1960 Ferrari 250 GT PF coupe |
The car pictured sold for $76,407 at Brooks Europe’s auction in Paris on September 7, 1998. (The price includes Brooks’ buyers commission and is converted at the rate of U.S. $0.16 per French franc.) The first “production” cars built by Ferrari were these PF Coupes. About 350 of them were sold from 1958 to 1962. Their prices used to trail well behind other Ferraris with V12 engines in the front. However, in recent years they have experienced a remarkable recovery. Even so, this sale price is strong for today’s market. Nicely restored coupes such as this one might be expected to sell for $50-60,000. Even considering the expense of restoration, the seller got as much from this sale as could be expected.
Pininfarina coupes from 1960-62 were much better cars than the 1958-59 editions. They had overdrive, four-wheel disc brakes, telescopic shock absorbers, and redesigned cylinder heads.
Not a race car, this is a luxurious Grand Touring machine, intended to be used as a daily driver. PF coupes continue to be in demand among buyers, and are regarded as a good investment. – Michael Duffey