Auctions and Brokerage
Coachwork by Scaglietti
Bill Ziegenbein, Madison Heights, Michigan (acquired by 1989)Charles Zwolsman, Netherlands (acquired circa 1991)Fritz Kroymans, Hilversum, Netherlands (acquired in 2001)Tom Price, Larkspur, California (acquired from the above in 2010)Private Collection, Connecticut (acquired from the above)Current Owner (acquired from the above)
Amsterdam International Motor Show, 2009
An Italian gran turismo of inimitable style, the 250 GT Lusso combined the finest qualities of Pininfarina design and Ferrari performance in one exceptionally versatile package. As the last production 250 GT model, the Lusso was the culmination of a decade of steady chassis development and benefited from a rugged yet compliant suspension, four-wheel Dunlop disc brakes, and Ferrari’s brilliant three-liter V-12. Though the Lusso was designed for civilized road use, more adventurous owners demonstrated its motorsport heritage with successful outings at sports car races including the Targa Florio.
The Lusso’s exquisite coachwork, designed by Battista “Pinin” Farina and constructed by Carrozzeria Scaglietti, has always received great acclaim. As Chuck Jordan of the General Motors Styling Department famously remarked, “Pininfarina’s Ferrari Berlinetta Lusso exhibits for all time that transformation of form and function into the spiritual presence by which great art transcends mere art.” In total, just 350 of these elegant Ferraris were built between 1963 and 1964. Their splendid design, outstanding driving experience, and association with some of the most glamorous personalities of the 1960s have contributed to their revered status among collectors and aficionados.
Regarded as an automotive great from the outset, the Lusso has always been a desirable Ferrari. Marque historians have carefully traced the whereabouts of these cars over the past decades; the vast majority of examples are accounted for, generally residing in major collections or long-term ownership. The history of this car, chassis 5127 GT, can be traced to October 1963, when it was completed at the Ferrari factory. According to the research of Ferrari historian Marcel Massini, this Lusso, the 128th example built, was originally finished in the rare and attractive color scheme of Grigio Fumo (Smoke Gray, Italver 18944) with black Connolly leather upholstery.
Upon completion, the new Lusso was delivered to M. Gastone Crepaldi S.a.s., the official Ferrari dealer in Milan, and it is believed that 5127 GT remained in Italy for several years before being exported to the US. While little is known of 5127 GT’s earliest provenance, by 1989, the Ferrari had been acquired by Bill Ziegenbein, proprietor of Prestige Motors in Madison Heights, Michigan. The following year, Coys of Kensington sold the Lusso at a London auction and, by 1991, it was being advertised for sale by a Los Angeles-based car dealer.
In September 1993, 5127 GT was among a group of classic cars seized by Interpol and the Dutch government from broker Charles Zwolsman. These cars were eventually sold, by order of the Dutch government, at the Domeinen Auction, held in the Netherlands during July 2001. It was there that 5127 GT was purchased by noted Ferrari collector Fritz Kroymans. The Lusso remained in Mr. Kroymans’ ownership for the next decade, during which time it was displayed at the 2009 Amsterdam International Motor Show (AutoRAI). The Lusso once again returned to the US when it was sold to Tom Price of Larkspur, California, and it has since been kept in the care of two East Coast collectors.
Today, the car presents in serviceable, driver-quality condition, featuring an older restoration in red paint with black leather upholstery. Significantly, the Ferrari retains its matching-numbers engine (5127) with its corresponding internal number (1644/62E), as well as its original riveted data tag.
As presented, this Lusso would be an ideal car for a multitude of Ferrari Club of America gatherings, driving events, and tours. Given its attractive factory-supplied color scheme and Italian-delivery specification, it could also serve as an ideal foundation for a comprehensive show-quality restoration and would look sensational in its original Grigio Fumo. Whatever the future holds for 5127 GT, it will certainly remain among the most iconic and sought-after Ferraris of the 1960s and one of the all-time great European GT cars. For collectors who have always wanted to add a Ferrari 250 GT Lusso to their stable, the appearance of this car at auction represents an exciting opportunity that should not be overlooked.