Lot 208

Monterey 2018

1969 Ferrari 365 GT 2+2 by Pininfarina


$229,600 USD | Sold

United States | Monterey, California



Chassis No.
Engine No.
Body No.
  • A very early U.S.-delivery example; only the 25th U.S. car built
  • Originally delivered to famed enthusiast Richard Losee
  • Offered from single collector ownership since 1992
  • Equipped with its original engine
  • Ferrari Classiche certification application submitted July 2018
Please note that this lot is titled as a 1970.

The 365 GT 2+2 offered here was only the 25th U.S.-specification 365 GT 2+2 built. It was delivered by William Harrah’s famous Modern Classic Motors to Richard Losee of Salt Lake City, Utah. A prominent and very successful jeweler, Mr. Losee was also a great automobile enthusiast and regular Ferrari customer for much of his life, buying many of the company’s great models of the 1960s and 1970s. His automobiles were shown in the Kress Building in Provo for many years and were enthusiastically shared with his family and friends over time.

Mr. Losee’s son, also an enthusiast, recounts that his father bought the 365 GT 2+2 while waiting for his 330 GTC to be delivered, so that he would have something to drive his children in. His son would eventually drive the car for most of the 18,000 miles covered in their ownership, beginning at the age of 16, and even double-dated in it during his high school years. He recounted that it ran beautifully and was very reliable.

Having been well maintained and taken care of since it was new, the car was sold in 1987, as one of the final automobiles to pass out of Mr. Losee’s collection. Dan Margolin of New Jersey acquired it soon thereafter. In 1992, the Ferrari was offered for sale as a two-owner automobile, still in its original color scheme, Rosso Nearco over Crema with Rosso carpets. It was sold to its current owner, the third private caretaker since new, late that year, and has remained in his collection since, now reading 22,275 miles.

The car was restored in 1993 to the original livery and is accompanied by a collection of restoration photography. Little used and well preserved since, it shows only minor signs of wear, most prominently a scratch on one side of the body, and is still very attractive throughout. The interior, in particular, is tight and comfortable, with fine gauges, and the finishes of the chassis and engine compartment are both satisfyingly clean. Further, the car’s original engine remains in place.

A desirable and well-preserved 365 GT 2+2, built early in the production run and treasured by only three owners, this is a standout example of a landmark Ferrari model.