A pound of Ferrari costs more than a pound of gold

A pound of Ferrari costs more than a pound of gold

For the classic Ferrari 250 GTO 1962, it can rightly be said to be worth even more than that. Gold has long been considered one of the most valuable and sustainable investments, and today it can also be said of classics like this Ferrari, more [...]

For the classic Ferrari 250 GTO 1962, it can rightly be said to be worth even more than that.

Gold has long been considered one of the most valuable and sustainable investments, and today it can also be said of classical cars such as this Ferrari, more than half a century, Kosovo Press broadcasts.

The 250 GTO model holds the record when it comes to antiques sold at auction, considering that in August, Monterey reached the price of up to $4405,000. It turns out this is huge astronomical money and more valuable than gold.

Ferrari 250 GTO has a measure of 880 to 950kg, depending on source information. Knowing that it weighs 880kg, it turns out that 1kg of this car is worth about $55,000, while the case of unfavourable variants and a weight of 950kg, a kilo of Ferrari costs about $51,000.

On the other hand, a kilo of gold in early January was worth “just” 41,430 US dollars, which makes 250 GTO more expensive than the precious metal.

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