---
title: "Ultimate Barn Find of 20 Vintage Ferraris Will be Auctioned at No Reserve"
description: "The \"Lost and Found\" collection headed for auction features 20 vintage Ferraris found in a hurricane-destroyed barn."
date: "2023-06-10"
modified: "2023-06-10"
authors:
  - name: "Nico DeMattia"
    job_title: "Contributing Writer"
    link: "https://www.thedrive.com/authors/nico-demattia"
url: "https://www.thedrive.com/news/ultimate-barn-find-of-20-vintage-ferraris-will-be-auctioned-at-no-reserve"
categories:
  - "Ferrari News"
  - "News"
  - "News by Brand"
tags:
  - "Ferrari"
---

# Ultimate Barn Find of 20 Vintage Ferraris Will be Auctioned at No Reserve

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-1.jpg>)
*Photo | Darin Schnabel | RM Sothebys*

In 2004, Hurricane Charley collapsed a barn roof near Kissimmee, Florida. Inside that barn was a collection of stunning vintage [Ferraris](<https://www.thedrive.com/category/ferrari-news>), many of which were heavily damaged. That collection, in its entirely unrestored condition, is now headed to the *[RM Sotheby's](<https://rmsothebys.com/en/home/lots/mo23#?SortBy=Default&SearchTerm=&Category=All%20Categories&IncludeWithdrawnLots&Auction=MO23&OfferStatus=All%20Availability&AuctionYear=&Model=Model&Make=Make&FeaturedOnly=false&StillForSaleOnly=false&Collection=Offered%20from%20the%20Lost%20%26%20Found%20Collection&TagLine=All%20Lots&WithoutReserveOnly=false&Day=All%20Days&TimedOnly=false&OneHubLinkOnly=false&AuctionedStatus=All%20Lots&page=1&pageSize=40>)* auction during the 2023 Monterey Car Week in August.

The collection was originally owned by Walter Medlin, a successful real estate agent that fell out of favor with the Internal Revenue Service (IRS) in the 1990s. Twenty gorgeous Ferraris were stored in the barn until its roof came down in the Hurricane, damaging several cars and exposing the rest to the elements.

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-2.jpg>)
**Photo | Darin Schnabel | RM Sothebys**

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-3.jpg>)
**Photo | Darin Schnabel | RM Sothebys**

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-4.jpg>)
**Photo | Darin Schnabel | RM Sothebys**

After the Florida barn collapse, the collection of Ferraris was eventually moved to Indianapolis, where they've been ever since, in the same condition as they were after the Hurricane. Some of them have faded paint and heavy patina, one is completely destroyed, and few—if any—of them run. Not only are they going to be displayed in Monterey as they are, RM Sothebys is going to replicate the destroyed barn for their display.

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-5.jpg>)
**Photo | Darin Schnabel | RM Sothebys**

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-6.jpg>)
**Photo | Darin Schnabel | RM Sothebys**

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-7.jpg>)
**Photo | Darin Schnabel | RM Sothebys**

Some of the cars still look great, with only dry-rotted tires and slightly worn paint as proof of their trauma. The '65 Ferrari 275 GTS by [Pininfarina ](<https://www.thedrive.com/news/25425/pininfarinas-1900-hp-electric-hypercar-to-be-named-battista>)looks good, both [Ferrari Daytonas](<https://www.thedrive.com/vintage/820/update-roger-waters-stolen-ferrari-daytona-found-torched>) are especially gorgeous, and the 64 Ferrari 250 GT/L Berlinetta Lusso by Scaglietti is still breathtaking.

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-9.jpg>)
**Photo | Darin Schnabel | RM Sothebys**

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-8.jpg>)
**Photo | Darin Schnabel | RM Sothebys**

![](<https://www.thedrive.com/wp-content/uploads/2023/06/10/ferrari-barn-find-10.jpg>)
**Photo | Darin Schnabel | RM Sothebys**

Others, however, are much worse for wear. The '66 Ferrari 330 GT 2+2's original Azzurro blue paint is barely recognizable through its patina and its interior is in shambles. The '56 Ferrari 250 GT Coupe Speciale by Pininfarina is also almost entirely covered in patina, is missing its massive rear window, and its interior is absolute wrecked. Worst of all, though, is the '54 Ferrari Mondial Spider Series I, which is just a rusty, crumpled frame and looks like several beams landed on it during the hurricane.

Even the wrecked cars have value, though, as this "Lost and Found" collection itself is quite famous. According to RM Sothebys, the entire collection is estimated to sell for a total $15 million.

*Got tips? Send 'em to tips@thedrive.com*

## Author
Nico is a writer and reviewer from New Jersey who probably thinks he’s a lot funnier than he actually is. His love of cars began when he was just a kid playing Gran Turismo 3, grinding out enough race wins with a Mazda Miata to save up for an in-game RUF 911. That passion for small, lightweight sports cars drove his desire to learn more about the industry, get his hands on as many cars as he could, and bring those experiences to life on the page. He cut his teeth writing about BMWs, Volkswagens, and Audis, mostly, and has owned far too many of each. He’s on his fourth 3 Series sedan, but all of his old, cheap German cars have forced him to learn more about car maintenance than his mechanical capability can handle. Too many late nights have been spent scrambling to get a car running by morning so he could get to work. For some reason, he never seems to learn that old Bimmers probably aren’t the best daily drivers. But he loves more than just old German cars. He’ll gladly drive and discuss anything with four (or even three) wheels. Cars aren’t his only passions, though. Nico is also a big nerd and loves movies, video games, comic books, and cares far too much about the New York Giants. So don’t be surprised if you see football references or dumb, obscure movie quotes in any of his car reviews.

### Author social links  
[Instagram](<https://www.instagram.com/ndemattia/>)  
[LinkedIn](<https://www.linkedin.com/in/nico-demattia-90885540/>)