Price increases every day ...with some speculation!!
One Gelscoe was sold this year in Paris but the price is on ask on the website and I asked it by mail and was replying by phone contact or visit only...I guess the price was high as you says because the car is eligible for all races (le mans classic Goodwood and american races..)
https://www.classic-racing-annonces....-gt40-gelscoe/
I think maybe wrongly the price for building one is less.
I visited last year Mick Sollis (Southern GT) he received me personally and showed his last GT40 and gave the price list around 90-100k for one accurate turnkey with all same engine and gearbox as original
His cars are agreed and one of them ( don't remember the name of the owner ) races frequently at Goodwood revival and other races in UK!
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