Re: GOOD PRICE FOR THE BUYER: 11k-Mile 2003 Ferrari 456M GTA for sale on BaT Auctions - sold for $50, 500 on July 9, 2020 (Lot #33, 773) | Bring a Trailer
From: Grahame Reinthal (grahamereinthal.com.au)
Date: Fri, 10 Jul 2020 05:18:05 -0700 (PDT)

Great analysis, Erik!

 

From: Ferrari <ferrari-bounces+grahame=reinthal.com.au [at] ferrarilist.com> On Behalf Of Erik Nielsen
Sent: Friday, 10 July 2020 12:07 PM
To: Grahame <grahame [at] reinthal.com.au>
Cc: The FerrariList <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] GOOD PRICE FOR THE BUYER: 11k-Mile 2003 Ferrari 456M GTA for sale on BaT Auctions - sold for $50, 500 on July 9, 2020 (Lot #33, 773) | Bring a Trailer

 

Let’s have some fun with math using the Jalpa.

 

Car sold for $75345 in 1988.

 

Average price of gold (assuming he wasn’t an insider at Philbro and had zero timing luck) was $436.78, call it 172.5 troy ozs.  Today’s close was $1803.55 so $311114.23.  

 

S&P return since 1988 was 431.114% and 925.842% without and with dividends reinvested.  Call it $324822 and $697575 respectively.

 

Brilliant investment, n’est pas?  And that’s before we talk push up bras and torn jeans.

 



On Jul 9, 2020, at 8:45 PM, Hans E. Hansen <FList [at] hanshansen.org> wrote:

 

I hope that included a service contract......

 

Hans. 

 

On Thu, Jul 9, 2020, 6:34 PM Michel Savard <mysavard [at] videotron.ca> wrote:

And the Lamborghini Jalpa sold for $135,000

Michael Savard (1981 308 GTSi)

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