1962 Ferrari 250 GT California Spyder Joins RM Monterey Auction
A rare 1962 Ferrari 250 GT California Spyder SWB, finished in Rosso Corsa, is set for the RM Monterey auction with an estimate of $7.5m to $9m.
A 1962 Ferrari 250 GT California Spyder SWB has been consigned to RM Auctions’ Monterey sale, where it is expected to fetch between $7.5 million and $9 million. This short-wheelbase convertible is widely regarded as one of Ferrari’s most coveted road cars, blending rarity, style, and performance. The example heading to auction is finished in the classic Rosso Corsa paintwork with a tan leather interior, and features the renowned 3.0-litre Colombo V12 engine, the same powerplant found in the legendary 250 GTO.
Introduction to the 1962 Ferrari 250 GT California Spyder SWB
Overview and Specifications
| Model Year | 1962 |
|---|---|
| Variant | Short Wheelbase (SWB) |
| Exterior Colour | Rosso Corsa |
| Interior | Tan leather |
| Engine | 3.0-litre Colombo V12 |
| Estimated Auction Value | $7.5 million to $9 million |
| Production Numbers | Just over 100 units |
Production Rarity and Collectability
The 250 GT California Spyder holds a special place in Ferrari’s history and in the eyes of collectors. Ferrari produced just over 100 examples of the California Spyder, making it one of the rarest Ferraris from the 1960s. The short-wheelbase (SWB) variant, introduced in 1960, is particularly sought after for its improved handling dynamics and more aggressive stance compared to the earlier long-wheelbase version. Many SWB examples were specified with competition features, though individual histories and options can vary. The car at the RM Monterey auction has not had its specific options or provenance detailed in the auction listing, but its core attributes alone make it highly desirable among collectors.
Design and Performance
The design of the California Spyder combines elegance with sporting intent. The open-top bodywork was crafted by Scaglietti, and the car’s proportions are considered among the most attractive of any classic Ferrari. The 3.0-litre V12 engine, designed by Gioachino Colombo, is celebrated for its performance and reliability, powering not only the California Spyder but also Ferrari’s most successful GT cars of the early 1960s. The SWB chassis further enhances the driving experience, delivering sharper handling and a more responsive feel on the road or track.
Auction Expectations and Market Context
RM’s estimate of $7.5 million to $9 million for the California Spyder SWB aligns with recent auction results for Ferrari’s most celebrated 1960s road cars. The model has a history of strong sales, and collectors view these cars as blue-chip investments. While the California Spyder once set auction records, models such as the 250 GTO and 250 Testa Rossa have since surpassed it in terms of outright value. Nevertheless, the California Spyder remains one of the most desirable Ferraris, and interest in the SWB variant has remained high due to its limited production and enduring appeal.
The car’s status in popular culture has also contributed to its desirability. Appearances in film and its association with Ferrari’s golden era have kept the California Spyder in the spotlight. The upcoming Monterey sale will provide insight into whether demand for top-tier classic Ferraris remains robust in 2012, especially after a series of record-breaking results for other 250-series cars. The previous year, a 1961 version of the California Spyder attracted significant attention at auction, underlining the model’s consistent appeal.
Comparison with Other Classic Ferraris
Within Ferrari’s portfolio of classic models, the 250 GT California Spyder SWB is often compared to the 250 GTO and the 250 Testa Rossa. While the GTO and Testa Rossa have achieved higher auction prices, the California Spyder is still regarded as one of the most beautiful and usable classic Ferraris. Its combination of rarity, open-top driving, and V12 performance ensures it remains a fixture at prestigious events and among the world’s top collections.
| Model | Production Numbers | Engine | Recent Auction Prices |
|---|---|---|---|
| 250 GT California Spyder SWB | Just over 100 | 3.0-litre Colombo V12 | $7.5m–$9m (estimate) |
| 250 GTO | 36 | 3.0-litre Colombo V12 | Over $40m |
| 250 Testa Rossa | 34 | 3.0-litre Colombo V12 | Over $16m |
Conclusion
The 1962 Ferrari 250 GT California Spyder SWB’s appearance at RM’s Monterey auction is a significant event for collectors and enthusiasts. Its rarity, design, and performance make it one of the most celebrated Ferraris of its era. The auction result will be closely watched as an indicator of the current market for classic Ferraris, particularly those from the iconic 250-series.
