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Gooding & Company Break Records at Pebble Beach

by • September 9, 2014 • Feature • Comments (0) • 2647

Gooding & Company, recorded record-breaking results over the Pebble Beach weekend as they realized more than $106 million at its Pebble Beach Auction. During the two-day sale, 107 of 121 lots were sold, with an average price of $990,699 per car and 30 cars sold for over $1 million.

Across the week auction records were broken throughout the festivities, as new benchmarks in automotive excellence were set for 16 cars including a 1961 Ferrari 250 GT California Spider, a 1955 Aston Martin DB3S and a 1956 Maserati 250F.

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David Gooding, President of Gooding & Company: “In addition to the many record setting prices, our auctions have become renowned as a destination. The tent was packed with enthusiasts buying and selling the best examples while luminaries including Jay Leno and Sir Stirling Moss added to the excitement.”

The top lot of the weekend overall at the Gooding & Company auction was the 1961 Ferrari 250 GT SWB California Spider. In addition to this distinction, 2903 GT is one of a limited number of SWB California Spiders factory equipped with an optional hardtop. Offered for sale for the first time in over 14 years, this stunning Ferrari sparked a round of feverous bidding that resulted in a final sale of $15,180,000, a world record for a Ferrari 250 GT SWB California Spider.

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Overall, Ferraris were the hit of the weekend with exquisite entries from the marque including a 1959 Ferrari 250 GT Series I Cabriolet (sold for: $5,610,000), a 1965 Ferrari 275 GTB Long Nose Alloy (sold for: $4,620,000), a 2001 Ferrari 333 SP (sold for: $2,365,000), a 1964 Ferrari 250 GT Lusso (sold for: $2,365,000), a 1956 Ferrari 250 Europa GT (sold for: $2,310,000), a 1964 Ferrari 250 GT Lusso (sold for $2,200,000) and a 1960 Ferrari 250 GT Series II Cabriolet (sold for: $2,090,000).

Applause echoed throughout the auction tent during unforgettable moments: Sir Stirling Moss presenting the 1956 Maserati 250F (sold for: $4,620,000), which he triumphantly drove to victory in the 1956 Italian Grand Prix, and Jay Leno‘s energetic participation in the charity sales of the 1957 Buick Caballero Estate Wagon which sold twice (sold for: $300,000 & $280,000) and the 2014 BMW i8 (sold for: $825,000).

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Demand for elite marques on the uptick included a 1958 BMW 507 Series II (sold for $1,925,000), a 1963 Porsche 356 Carrera 2 (sold for $517,000), a 1967 Toyota 2000 GT (sold for $1,155,000) and a 1967 Mazda Cosmo 110 Sport (sold for $264,000).

Charlie Ross, Auctioneer: “What a sale!…30 cars sold in excess of $1 million and several world auction records, including the magnificent California Spider which, after a round of spirited bidding topped $15 million dollars.”

Lots over $2 million from the weekend included:

Lot 18, 1961 Ferrari 250 GT SWB California Spider, sold for $15,180,000
Lot 133, 1959 Ferrari 250 GT Series I Cabriolet, sold for $5,610,000
Lot 32, 1955 Aston Martin DB3S, sold for $5,500,000
Lot 113, 1965 Ferrari 275 GTB Long Nose Alloy, sold for $4,620,000
Lot 115, 1956 Maserati 250F, sold for $4,620,000
Lot 144, 1939 Alfa Romeo Tipo 256 Cabriolet Sportivo, sold for $4,000,000
Lot 139, 1967 Ford GT40 Mk 1, sold for $3,520,000
Lot 131, 1927 Bugatti Type 35 Grand Prix, sold for $2,970,000
Lot 58, 2001 Ferrari 333 SP, sold for $2,365,000
Lot 60, 1964 Ferrari 250 GT Lusso, sold for $2,365,000
Lot 26, 1956 Ferrari 250 Europa GT, sold for $2,310,000
Lot 141, 1964 Ferrari 250 GT Lusso, sold for $2,200,000
Lot 62, 1960 Ferrari 250 GT Series II Cabriolet, sold for $ 2,090,000
Lot 49, 1948 Tucker 48, sold for $2,035,000

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