250 GT Pinin Farina Coupe
When the 250 GT Europa was launched at the 1954 Paris Salon, it was described as the first series production car for Ferrari. The 3-liter cars were in production for 10 years. The 250 series encompassed a whole range of models catering to everyone from wealthy gentlemen to ambitious racing drivers. The 250 Pinin Farina Coupe introduced at the 1958 Paris show replaced the 250 Europa, also a Pinin Farina design.
The coupe was a milestone for Ferrari. Using proven 250 GT components, all 353 Coupes were bodied by Pinin Farina at its new Turin manufacturing facility. The combination of competition-derived engines and chassis with quality bodies made the coupe Ferrari's best seller by 1959.
This car, #1617, was delivered in September 1961 as the 241st built.
It has had four owners, and in 2004, the car competed in the Liege-Rome Rally. It currently shows 44,000 miles, and when inspected by a Christie's specialist, the bodywork was straight with good panel fit, though a few minor imperfections were evident. The car started "on the button" and performed faultlessly.
Although not a concours example, it presents very well, and all mechanical components are reported to be in good working order. The heads were rebuilt around 2004 and the car was serviced 1,600 miles ago. With the majority of components similar to or shared with some of the most valuable and desirable Ferraris, this
250 GT provides comfortable, competitive touring and is ideal for a host of European events. The estimate is $120,000–$190,000.
The SCM Analysis
This "notch back" coupe sold for $152,400 at Christie's February 2007 auction at Rétromobile in Paris.
The was a higher price than any achieved at recent auctions, and for an average condition PF coupe without major restoration bills or vetting at an important judged event. Two years ago this price would have bought a very nice PF Cabriolet.
Donald Osborne, Sports Car Market's man on the scene, observed: "Good paint, shows some sinkage and some orange peel. Variable panel fit, both doors slightly out at rear edge. Good chrome, which has light scratches and pitting on bumpers. Very good seats, slightly soiled, carpets stained in places. Red is not the best color in my opinion, but this car seemed clean and honest, and it presented better than the description above might indicate. These are much better drivers than conventional wisdom states, and values have jumped in the past few years."
Donald's judgment about color corresponds with the factory's perceptions, since 169 cars were painted gray, silver, or white. Only two of the 353 were painted Rosso Corsa (racing red), and one had a silver roof--one of 32 that received two-tone paint. These subdued colors were consistent with the nature of the car.
Not meant to be a sporty Ferrari
It was never meant to be a low-cut sporty Ferrari, but rather an elegant, conservative GT. Enzo Ferrari reportedly wanted to stabilize his company's finances and asked Pinin Farina to design a practical coupe with proper heating and ventilation that could be built in series. Introduced at a Milan press conference in 1958, Pinin Farina's staid design eschewed fender vents for clean lines and adopted a notchback three-window greenhouse with a panoramic rear window. The oval grille was gone, replaced by a long narrow grille flanked by protruding headlights.
Because of its conservative styling, the PF coupe has never been popular with Ferrari collectors and has often been one of the most affordable Ferraris. This meant that by the early '70s, most were in deplorable, neglected condition, and many were parted out to support more desirable 250s or to become the basis for replicas. It is estimated that fewer than half of the original 353 survive.
All cars in the series had the classic 3-liter Colombo single overhead cam V12 engines, detuned from the competition version. All had the same LWB 102.4-inch tubular steel chassis, almost identical to the chassis used on the competition 250 Ferraris. By 1959, as the coupe continued to sell, some important updates were implemented.