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While rummaging through the wares on offer at an estate sale, Bobby Goins, a "picker" in Grand Blanc, Michigan, found the car pictured above: a 1952 Ferrari 212 Inter Ghia Cabriolet. Hidden under a tarp and lots of detritus in a garage, once it was revealed Goins discovered that the car was almost completely intact. The only thing missing was the engine, and that was found in Wisconsin not long after the discovery of the car.

Without a serial number, it's difficult to place this car exactly, even though the 212 Inter was only made for three years. It came early in Ferrari's move to production cars, but was one of the most numerous models with the widest variety of bodystyles – no less than eight coachbuilders contributed designs and variations on those designs. For instance, this one has a Ghia grille used on another body, but a different hood treatment. No matter, it's been rescued from oblivion and sold to a good home: it was bought by a Ferrari collector for just $150,000.

Follow the jump to see local news footage of Goins' discovery.

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    • 1 Second Ago
      • 3 Years Ago
      Lots of misinformation in this post: The car was instantly recognized as 0202A - The number was plain as day. The engine associated with it was well known (internal number 148). These cars were built long before series production as we know it (they were all hand built). Since Ferrari only made around 300 car in their first 10 years, each of these early machines were well known and finding one like this is unbelievably rare. The coachbuilder, Ghia, only made two of these and a similar coupe bodied 212 which went to Juan Peron, the president of Argentina. This car was last sold at a garage sale in 1971 for $600 with a Corvette engine and had sat pretty much since then (the for sale sign was still in the window). The estate sale owner wanted $35k but the picker didn't know what it was worth until he looked it up. Upon learning its value, and being a local and family acquaintance, he know he could not take advantage of the seller. They sold the car together for $150k to the same well-known Ferrari broker who discovered the unknown 340 America chassis #0202A being sold on Ebay (among other finds). According to Ferrari historian Marcel Massini, this car will likely be restored and shown at Pebble Beach where all of us can see it!
      Charles Como
      • 3 Years Ago
      What did he pay for the car is what I want to know... he sold it for $150k, but they don't tell us what he paid for it! Arrgggh!
      • 3 Years Ago
      The serial number has been known as 233EU since this news broke. It's the 1952 Ferrari 212 Ghia Cabriolet from the 1952 Geneva Motor Show.
      • 3 Years Ago
      No engine? Hell, that can't be worth more than about 600 bucks, right?
      • 3 Years Ago
      Sorry, 0233 EU. There's some controversy/confusion.
      • 3 Years Ago
      SN 0191EL