|
The only point I would add to this (and it is a personal opinion) is this:
Gemstones are made by nature. there can never be an exact duplicate. People who
get turned on by this pay loads of money because they believe they have
something very unique.
Most Ferraris are mass produced. There are many of them. They are made by
man. The factory that built them (and the parts) can still build them in the
original way, in the original foundry, using the same materials. I'm not talking
about a perfect copy made in China but if it MADE BY FERRARI than personally I
wouldn't mind. I gather there are many people who don't feel this way (and there
are many people who need brokers because they are incapable of buying a car
themselves) which is why the value is deemed to be higher when it is all
"original". Most engines would have been worked on from new and I think it is a
very unlikely event that even the car with the most original engine actually has
every part on it the same as it left the factory.
Vintage planes aren't treated this way. Most parts are time and hours
sensitive. Unless the plane was never flown than it on't have the same parts it
left the factory with. Does this affect the value of a P51 or a
Spitfire?
Personally to me it doesn't but each to their own. No offense to "brokers"
but I would never use one/have never used one and think if you have the money to
buy a rare Ferrari and are to ignorant to know what you are buying well
then...you deserve everything you get. A fool and his money...ect.
Just my thoughts. Interesting debate and after 11 years on the List it's
good to see it more active suddenly!
Regards
Britt
BR in the
UK
1986 328GTS (LHD 89,940km) Died August 19, 2006 Shrewsbury UK
1980 400i
(RHD 74,000 miles)
Searching for the right 512TR
1997 Fiat
Barchetta
1985 Bertone X1/9
2003 BMW 530d
1991 Alfa Spider S4
LHD
1993 Alfa Spider S4 LHD
2010 BMW 320d
In a message dated 21/10/2011 20:39:30 GMT Daylight Time,
gemologist007 [at] yahoo.com writes:
To tell you the truth, I have seen a
real change in this group and want to say I have enjoyed the bander over the
past week. There are so many different idea's of Classiche, and why the price
for real authentic cars are high compared to reconstructed cars.
In the gemology world, G.I.A. trains
anyone that is in the business, to use their charts and tables. They have
basically set themselves up as the expert in the field, they establish the
criteria, boundries. You can only call a Ruby a Ruby and a
Emerald a Emerald when it meets this criteria. What's the difference
between a fine untreated Emerald and Green Beryl, about $50,000 a carat. There
was a case where a world reknown jewelry house sold a 15ct Fine Intense
Emerald, when they took the stone in to be set, the heat from the jewelers
torch caused the color to fade. The stone was a Green Beryl, treated with the
correct color green epoxy. Of course the company paid the money back, what if
it was a secret sale, that no one knew except the seller and the
buyer and no proof it happened.
At GIA, on most gemstones, exactly
like the Ferrari factory that certifies authenticity, there is a concerted
team effort of experts who decide on the true identity of a gemstone or the
origin of color. True Red Diamond, 1 ct, will run approximatedly $1 million
dollars/ct. There are seven known true red diamonds, in the world today,
6 of them are own by a wealthy woman in Texas. Wouldn't it make sense that
many people might misread a color, especially when it is their own stone and
their profit to be made. Intentional or not, you need a third unbiased party
to call the shots. Who has the final say, GIA experts will have the final say
in the "Trueness" of the color.
I have written numerous
articles educating the average person what to look for, when in doubt,
get a certification from GIA. There are numerous
Graduate Gemologist like myself. To get your GG degree you had
to identify gemstones, natural and synthetic 100% during your final exam. This
does not make me qualifed to call a red Diamond a red Diamond, but it
does give me enough information to know when to sent it in to a company that
can.
I don't think Enzo Ferrari
believed, "Buyer Beware".
Douglas
S. Le Grand
Legrand
LLC
Alternative Investments
San
Diego, CA 92111
858-380-6389
From: Erik Nielsen
<judge4re [at] gmail.com>
To: Douglas
<gemologist007 [at] yahoo.com>
Cc: The FerrariList
<ferrari [at] ferrarilist.com>
Sent: Friday, October 21, 2011 11:52
AM
Subject: Re: [Ferrari]
Classiche
End of the day, they're all just cars. I made a legitimate offer on
a P car of $6.5M in 2008 when I thought that this is where I really wanted to
spend money. I've since come to the conclusion that I can have just as
much fun (and the same level of headaches) off a $16k Mondial that used to
belong to another list member that I would by liquidating part of my
commercial real estate portfolio to buy a car that doesn't generate cash
flow.
In other words, I sobered up and am happy to still have paying
tenants...
On Fri, Oct 21, 2011 at 1:27 PM, George P.
<ygpz4re [at] hotmail.com>
wrote:
All,
Just to add a couple of lira to the
discussion... I have an acquaintance here (and since it's up to them,
not me, to acknowledge this publicly, I'm going to be deliberately vague)
with a vintage Ferrari racer.
Said racer suffered a thrown rod,
so the engine was rebuilt. Said racer suffered another thrown rod, so
the engine was rebuilt again, but with more investigation as to the
cause. Cause was determined to be an oil tank which did not deliver
sufficient quantities of oil to the engine when under high stress. So,
oil tank was redesigned, built, and installed. Engine runs
great.
But! When car was submitted for Classiche
certification, the oil tank was deemed "inappropriate" and forced to change
back to original style. Even though said oil tank was crap and
resulted in two engine failures. [Speaking only for myself here, I
find it terribly hard to believe that Ferrari/Classiche actually *KNEW* what
style/design of oil tank was originally installed in that car, all those
years ago! But that's just me....]
It was said earlier
that some changes are allowed by Classiche. I won't argue this point,
but will also say "perhaps not always...." Or maybe it just depends on
who you are or how deep your pockets are.
gp
[p.s. - SteveJ - Well
said!!]
_________________________________________________________________
To
unsubscribe or modify your subscription options, please
visit:
http://lists.ferrarilist.com/mailman/options/ferrari/judge4re%40gmail.com
Sponsored
by BooyahMedia.com
and F1
Headlines
http://www.f1headlines.com/
_________________________________________________________________ To
unsubscribe or modify your subscription options, please visit: http://lists.ferrarilist.com/mailman/options/ferrari/gemologist007%40yahoo.comSponsored
by BooyahMedia.com and F1 Headlines http://www.F1Headlines.com/
_________________________________________________________________
To
unsubscribe or modify your subscription options, please
visit:
http://lists.ferrarilist.com/mailman/options/ferrari/britt2asa%40aol.com
Sponsored
by BooyahMedia.com
and F1
Headlines
http://www.F1Headlines.com/
|
aol.com)