Gooding Company#s Two-Day Pebble Beach Auctions Realizes More Than $128 Million

General Press Releases Wednesday August 19, 2015 14:22
PEBBLE BEACH, California--19 Aug--PRNewswire/InfoQuest
  • 3 cars sell above $10 million, 26 cars above $1 million
  • New auction records broken for Ferrari and Porsche

Gooding & Company, the official auction house of Pebble Beach Concours d'Elegance(R), 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, a 89% sale rate, and our 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 1982Porsche 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).

Photo - http://photos.prnewswire.com/prnh/20150817/259095
Logo - http://photos.prnewswire.com/prnh/20150817/259096LOGO

David Gooding, President of Gooding & Company: "New benchmarks 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 in making 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."

Top Five
1961 Ferrari 250 GT SWB California Spider, $16,830,000
1962 Ferrari 250 GT SWB Berlinetta Speciale, $16,500,000
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
About Gooding & Company

Gooding & Company, provides unparalleled service in the collector car market, offering a wide range of services including private and estate sales, appraisals, and collection management.   We will present The Scottsdale Auctions January 29 and 30, 2016 and the Amelia Island Auction March 11, 2016. For more information, visit www.goodingco.com


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