Ferrari’s one-off Meera S, a 1983 coachbuilt coupe made for Saudi royalty, is headed to auction in February with an estimated price of 90,000 to 110,000 euros, underscoring how rare, documented history can still command demand in the collector-car market.
Ferrari Meera S heads to auction in February
The sale matters because ultra-low-volume Ferraris often trade less like cars and more like portable assets, with value tied to provenance, design pedigree and condition rather than mileage or performance. In a market where mainstream luxury inventory can struggle to clear, authenticated one-offs with royal ownership and factory restoration can attract a different class of buyer: collectors chasing uniqueness, not utility.
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The Meera S began life as a Ferrari 400i before Giovanni Michelotti reworked it into a bespoke grand tourer for Prince Abdullah bin Abdulaziz Al Saud. It is described as the last Ferrari built by Michelotti, adding another layer of scarcity to a car already defined by its one-off status and unusual features for the era, including four-sided wipers, dual-zone front air conditioning and a rear-view camera and monitor setup.
That rarity is reinforced by the paper trail. Ferrari Classiche carried out a 252,100-euro restoration in 2010, rebuilding the engine and electrical system and replacing the exhaust, which should help reassure bidders about authenticity and drivability. For investors in collector cars, documented restoration history can be as important as the badge itself, particularly when the asking range sits well below the cost of the work already done.
The broader auction backdrop remains supportive for standout classics even as generic used-car auctions can disappoint. The market continues to favor cars with celebrity, royal or design-house provenance, while ordinary luxury models often fail to attract enough bidders to clear reserve prices.
For buyers, the key catalyst is the February auction itself: if interest expands beyond the current estimate, the Meera S could test how much collectors are willing to pay for rarity, story and restoration in a market increasingly split between trophy assets and everything else.
| Entity | Gains | Losses |
|---|---|---|
| Ferrari Meera S | ▲Auction exposure; potential price uplift | ▼Risk of missing reserve |
| Collector-car buyers | ▲Access to a one-off Ferrari | ▼High ownership cost |
| Seller/estate | ▲Monetization of rare asset | ▼Gives up unique asset |
| Competing auction lots | ▲Increased attention to rare classics | ▼Less bidder attention to ordinary cars |
