The Gooding and Company Pebble Beach Auction 2014 was held August 16-17 at the Pebble Beach Equestrian Center in Pebble Beach, California, resulting in total sales of $106 million and an 88% sell-through rate. A total of 30 cars sold for over $1,000,000 and 16 new auction records were set at two-day sale.
David Gooding, President of Gooding & Company, said, “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 was the covered-headlight 1961 Ferrari 250 GT SWB California Spider. This covered-headlight example, s/n 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 Ferrari sold for $15,180,000, a world record for a 250 GT SWB California Spider.
In addition to the Cal Spider, Ferraris did well throughout the sale with 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).
Notable moments during the Gooding and Company Pebble Beach 2014 sale included Sir Stirling Moss presenting the 1956 Maserati 250F (sold for: $4,620,000), which he drove to victory in the 1956 Italian Grand Prix, and Jay Leno’s participation in the charity sales of the 1957 Buick Caballero Estate Wagon (sold for: $280,000) and the 2014 BMW i8 (sold for: $825,000).
Further results include 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), a 1967 Mazda Cosmo 110 Sport (sold for $264,000) and a 1974 Lamborghini Countach LP400 Periscopo (sold for $1,870,000).
Gooding and Company Pebble Beach 2014 – Top 20 Auction Results
1. 1961 Ferrari 250 GT SWB California Spider – $15,180,000
2. 1959 Ferrari 250 GT Series I Cabriolet – $5,610,000
3. 1955 Aston Martin DB3S – $5,500,000
4. 1965 Ferrari 275 GTB Long Nose Alloy – $4,620,000
4. 1956 Maserati 250F – $4,620,000
6. 1939 Alfa Romeo Tipo 256 Cabriolet Sportivo – $4,000,000
7. 1967 Ford GT40 Mk 1 – $3,520,000
8. 1927 Bugatti Type 35 Grand Prix – $2,970,000
9. 2001 Ferrari 333 SP – $2,365,000
9. 1964 Ferrari 250 GT Lusso – $2,365,000
11. 1956 Ferrari 250 Europa GT – $2,310,000
12. 1964 Ferrari 250 GT Lusso – $2,200,000
13. 1960 Ferrari 250 GT Series II Cabriolet – $2,090,000
14. 1948 Tucker 48 – $2,035,000
15. 1958 BMW 507 – $1,925,000
16. 1974 Lamborghini Countach LP400 Periscopo – $1,870,000
17. 1957 Mercedes-Benz 300 SL Roadster – $1,705,000
18. 1963 Mercedes-Benz 300 SL Roadster – $1,512,500
19. Porsche 959 KOMFORT – $1,485,000
19. 1964 Aston Martin DB5 – $1,485,000
For complete auction results, visit GoodingCo.com.
Gooding and Company will continue its auction calendar with its Scottsdale Auctions on January 16 and 17, 2015 and the Amelia Island Auction on March 13, 2015. Highlights and star cars will be available in the weeks preceding each sale.
For more information, visit GoodingCo.com.
[Source: Gooding and Company]
Can’t wait to hear your thoughts on the big no-sales here.
You could write an entire article on the 12% of cars they failed to sell.