The Sotheby's auction house is about to hold an auction in Monaco for an extremely valuable vintage car. Link:
Lot 250: 1958 Ferrari 250 GT Cabriolet Series I by Pinin Farina
Sotheby's gave it an estimated value of €4,500,000 - €5,000,000 EUR. This market resolves YES if the final sale price listed on the Sotheby's website is >€5,000,000 EUR.
Resolution details:
Example from a past auction: this "2016 Koenigsegg Agera RSR" car is listed with "$3,380,000 USD | Sold". This is the equivalent number I will use.
Thus, note that the final listed sale price typically lists the additional buyer's premium.
If the car is withdrawn before the auction, or it fails to sell, this market resolves NO. It only resolves YES with a listed sale price during this auction of >€5,000,000 EUR.
Car details
The 23rd of 40 examples built
Desirably configured one-off coachwork with covered headlamps, front bumperettes and unique side vents
Ferrari Classiche “Red Book” certified; very rare full matching-numbers example that retains its original chassis, engine, gearbox, rear axle, and body
Well documented provenance including period photos, registrations, and invoices dating to the mid-1960s
Presented today in its stunning original colours of Bianco over Turchese leather interior
The Pinin Farina-bodied cabriolet that Ferrari introduced at the Geneva Salon in March 1957 was not only a triumph of design, with its elegant rear haunches, covered headlamps, and long centrally ventilated bonnet, but it also marked an auspicious milestone in Maranello history as the company’s first series-produced open-top model.