Don Davis' classic car collection holds $14m estimate at RM Auctions



2015-06-26 13:14:18

Don Davis' classic car collection holds $14m estimate at RM Auctions

Investor and collector Don Davis' classic cars include the 1967 Ferrari 330 GTS

RM Auctions has announced its forthcoming sale of Don Davis' classic car collection on April 27 in Fort Worth, Texas, with a magnificent example of the 1967 Ferrari 330 GTS expected to sell in pole position.

1967 Ferrari 330 GTS The car's appeal lies in its correctness, according to RM Auctions' Ian Kelleher

The meticulously restored 330 GTS is valued at $1.2m-1.5m. As one of only 99 built and a matching numbers example, it is sure to see strong interest as the epitome of mid-1960s Italian GT styling.

Should it reach the top of its estimate, the auction house has stated that the Ferrari will become the top-selling 330 GTS ever seen at auction. It is in outstanding condition, and won the Best of Show award at the 2011 Concorso Italiano in Monterey.

"It's easy to drive, whereas a lot of Ferraris aren't," Davis told the Fort Worth Star-Telegram newspaper. "It drives like a million dollars."

"It's a very correct car," RM Auctions' Ian Kelleher added, "and people pay for correctness."

Following hot on the heels of the 330 GTS is another premier example from the Prancing Pony marque.

A 1973 365 GTB/4 Daytona Spider by Scaglietti will auction with a $1.2m-1.4m estimate, as one of only 121 Daytona Spiders to have received the Ferrari Classiche certification. It will be sold complete with the original factory documents, tool roll, handbooks and warranty card.

1941 Chrysler Newport pacemaker The Chrysler Newport was intended to show that Chrysler could produce beautiful cars once more, following a period of stagnation after the first world war

Perhaps the greatest attraction of the auction is the 1941 Chrysler Newport Indianapolis 500 Pacemaker, which is expected to see bids of up to $1.2m. This is the same example of the legendary "concept" car - of whichonly five were built - that served as the pacemaker for the 1941 Indianapolis 500, the last raceto be held before the second world war.

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