Pebble Beach, Calif., 17 August, 2015
Gooding & Company, the official auction house of Pebble Beach Concours
d’Elegance®, realized more than $128 million at its Pebble Beach Auctions
this weekend, resulting in a two-day sales company record. During the
two-day sale, the auction house sold 115 of 129 lots, an 89% sale rate and
their highest ever average price of $1,113,896 per car. During the auction
weekend, an impressive 26 cars sold over the $1 million mark including
three vehicles over $10 million. World records were broken as new market
standards were set for Ferrari and Porsche, including a 1961 Ferrari 250 GT
SWB California Spider (sold for $16,830,000), 1962 Ferrari 250 GT SWB
Berlinetta Speciale (sold for $16,500,000), Le Mans-winning 1982 Porsche
956 (sold for $10,120,000), 1960 Porsche RS60 (sold for $5,400,000), 1957
Ferrari 410 Superamerica Series II Coupe (sold for $5,087,500), and a 1988
Porsche 959 Komfort (sold for $1,732,500).
David Gooding, President of Gooding & Company: “New bench marks were
set and our company hit a new record for highest two-day sale. We are
incredibly grateful and proud for the support and patronage that made this
such a successful auction. Our clients understand we selectively consign
vehicles of quality and provenance, which is why we consistently have one
of the highest sell-through percentages and prices realized in the industry.
To hit $128 million in just two days with just 129 cars is a real
achievement.”
The iconic 1961 Ferrari 250 GT SWB California Spider approached the
auction block, spectators poured into the auction tent to witness this
venerable Ferrari example. As expected, this stunning Ferrari sparked a
round of electrifying bidding resulting in a final sale of $16,830,000. A single
lot record for Gooding & Company auctions. Even bespoke vehicles, such
as the charming, nautical 1956 Fiat Eden Roc, commanded a price of
$660,000 after a captivating bidding war.
Overall, Ferraris had the strongest showing with superb entries from the
marque including Nuccio Bertone’s own 1962 Ferrari 250 GT SWB
Berlinetta Speciale (sold for $16,500,000), 1957 Ferrari 410 Superamerica
Series II Coupe (sold for $5,087,500), 1967 Ferrari 275 GTB/4 (sold for
$3,877,500), 1965 Ferrari 500 Superfast (sold for $3,025,000), 1966 Ferrari
206 S Dino Spider (sold for $2,310,000), 1965 Ferrari 275 GTS (sold for
$1,925,000), 1961 Ferrari 250 GT Series II Cabriolet ($1,842,500), 1992
Ferrari F40 (sold for $1,375,000) and a 1961 Ferrari 250 GTE Series I (sold
for $797,500).
Demand for exceptional examples on the uptick included a 1934 Packard
Twelve 1108 Sport Sedan (sold for $3,630,000), 1960 Porsche RS60 (sold
for $5,400,000), 2015 McLaren P1 (sold for $1,925,000), 1988 Porsche 959
Komfort (sold for $1,732,500), 1967 Porsche 906E (sold for $1,650,000),
1955 Mercedes-Benz 300 SL Gullwing (sold for $1,650,000) and a 1965
Aston Martin DB5 Convertible (sold for $1,540,000).
Lots over $10 million from the weekend
1961 Ferrari 250 GT SWB California Spider, sold for $16,830,000
1962 Ferrari 250 GT SWB Berlinetta Speciale, sold for $16,500,000
1982 Porsche 956, sold for $10,120,000
Lots over $2 million from the weekend
1960 Porsche RS60, sold for $5,400,000
1957 Ferrari 410 Superamerica Series II Coupe, sold for $5,087,500
1967 Ferrari 275 GTB/4, sold for $3,877,500
1934 Packard Twelve 1108 Sport Sedan, sold for $3,630,000
1965 Ferrari 500 Superfast, sold for $3,025,000
1966 Ferrari 206 S Dino Spider, sold for $2,310,000
1998 Ferrari 333 SP, sold for $2,090,000
Auctions of automotive excellence will continue at Gooding & Company’s
Scottsdale Auctions on January 29 and 30, 2016 and the Amelia Island
Auction on March 11, 2016. Highlights and star cars will be available in the
weeks preceding each sale.
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