Misallocation

1959 Ferrari 250 GT LWB California Spider by Scaglietti

Sold at RM Sotheby's on Feb. 27, 2026.

$7,045,000Confirmed

The price as reported by the house. Hammer price $6,400,000, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1959
Make and model
Ferrari 250
Generation
250 GT
Version
250 GT California Spider
Chassis
1431GT
Condition
Concours (1)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 6 comparable sales, 14% under its bottom.

Middle half of sales$7,294,318 to $16,125,000
Median$11,800,000
Sales behind it6Likely

From 6 sales of the Ferrari 250 GT California Spider in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $7,294,318 and $16,125,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1959 Ferrari 250 GT LWB California Spider CompetizioneBroad Arrow, March 8, 2025Broad ArrowMarch 8, 2025$8,600,000
1960 Ferrari 250 GT SWB California SpiderGooding Christie's, March 6, 2026Gooding Christie'sMarch 6, 2026$15,000,000
1961 Ferrari 250 GT SWB California Spider CompetizioneGooding Christie's, Aug. 16, 2025Gooding Christie'sAug. 16, 2025$23,000,000
1957 Ferrari 250 GT LWB California Spider PrototipoGooding Christie's, Aug. 16, 2025Gooding Christie'sAug. 16, 2025$6,600,000
1961 Ferrari 250 GT SWB California SpiderGooding Christie's, Aug. 16, 2025Gooding Christie'sAug. 16, 2025$6,859,091
1963 Ferrari 250 GT SWB California SpyderMecum, May 16, 2026MecumMay 16, 2026$16,500,000