In its glory days, Ferrari came to fame with a simple formula: win races, then put the V-12 hearts of those race cars in front of road cars sold on a sliding scale from all-out performance to grand touring comfort. The fastest Ferraris of the 1950s and 1960s, like the 250 GTOs that sell for closer to nine figures than eight, are unattainable to even some of the wealthiest people on Earth. Grand tourers, like this 250 GT Coupe, are more accessible; some can even be had for under $1 million.
This car, the 320th of 353 Series II 250 GT Coupes, is a fairly well-used example of a Ferrari grand tourer. The Series II coupe was a Pinin Farina design, one intended to be built in relatively large numbers for a Ferrari in the early days of the brand. Back in 1960, the Rosso Corsa biases of modern buyers had not yet seeped into the world of Ferrari ownership; as a result, this car is instead painted in a sharp shade of silver.
Like so many other road-going and racing Ferraris of the time, the GT Coupes received a variation on the "Columbo" V-12 that the brand produced in different forms until 1988. While some of those applications saw relatively big power, the road-going variant produced a more modest 236 hp in 1960. That was still tremendous power for the time, enough to reach 62 MPH in under seven seconds and, according to the RM Auctions listing, beat out contemporary competition from Mercedes, Aston Martin, and Maserati.
The interior shows signs of use, while the odometer indicates over 71,000 kilometers. You may think that this makes the car relatively affordable, but this is a Ferrari made in 1960, so RM still estimates it will sell between $495,000 and $550,000 when it is auctioned later this month.
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