Gooding
& Company took more than $113.7 million at its Pebble
Beach Auctions over the weekend, a world record sales
total for an automotive auction. The results exceed
Gooding & Company’s 2011 Pebble Beach total by more than
$35 million.
Twenty-four collector
cars sold in excess of $1 million, highlighted by the
summit of the weekend on Sunday evening when the von
Krieger Special Roadster, a 1936 Mercedes-Benz 540 K,
sold for $11,770,000, a double world record for a
Mercedes-Benz and a pre-war car at auction. The previous
evening, a 1960 Ferrari 250 GT LWB California Spider
sold for $11,275,000, realising a world record for a
Ferrari California Spider.
“There continues to be
differentiation in the market between the best and
everything else and I believe that our success stems
from our understanding of quality in all categories,”
says David Gooding, President and Founder. “Our
record-breaking results and this year’s unprecedented
international interest in our auction clearly
demonstrate the growing demand in high-level classic
cars among new collectors and emerging markets.”
Amid the multi-million
dollar auction records, a charitable spirit was high. On
Saturday evening, Jay Leno surprised the audience by
making a special guest appearance with David Gooding and
Auctioneer Charlie Ross on stage and auctioning his
personal Fiat 500 Prima Edizione to benefit the Fisher
House Foundation. United States Secretary of Defence the
Honorable Leon Panetta and Chief of Staff of the United
States Army General Raymond Odierno joined Leno to
introduce the nationally praised four-star, non-profit
organization that provides a wide range of services and
support to the families of wounded American solders.
The first-edition Fiat
500, valued between $25,000–$35,000 according to the
auction estimate, realised an extraordinary final price
of $385,000 and attracted an additional $215,000 of
charitable contributions, resulting in a total of
$600,000 in fundraising for the foundation.
From the William A.C.
Pettit III Collection, 12 vehicles sold Saturday,
realizing more than $4 million total benefiting Shriners
Hospital for Children–Tampa. Including these results,
Gooding & Company has auctioned off more than $30
million in collector cars over the years benefiting
charities that impact various causes and foundations
around the world.
Ferrari was a big part
of the weekend with eight models between 1953–1962
selling above $2 million each. A significant offering
for enthusiasts, the Sherman M. Wolf Collection of four
exceptional cars resulted in a total of $21.5 million in
sales.
Of the collection, the
1960 Ferrari 250 GT LWB California Spider Competizione
attracted the most demand selling for $11,275,000, which
was also the second most valuable car sold of Pebble
Beach auction week. It went to an anonymous collector.
The car is an extremely rare model and has been built
only nine times for competition. Sherman M. Wolf had
bought it from its first owner in 1979 and owned it
until last weekend. A rare car that also only had two
owners. On Sunday, a 1957 Ferrari 250 GT LWB California
Spider Prototype sold for $6.6 million.
“I’ve never seen so
many people at an auction,” says auctioneer Charlie
Ross. “The atmosphere on both nights was electric. Will
I ever sell a car as beautiful as that von Krieger
Special Roadster again? I hope so.”
Gooding & Company’s
top 24 results from both Saturday and Sunday auctions at
Pebble Beach are as follows:
1936 Mercedes-Benz 540
K Special Roadster; $11,770,000 (lot 123)
1960 Ferrari 250 GT LWB California Spider Competizione;
$11,275,000 (lot 49)
1957 Ferrari 250 GT LWB California Spider Prototype;
$6,600,000 (lot 137)
1955 Ferrari 857 Sport; $6,270,000 (lot 109)
1928 Bentley 4 ½ Litre Le Mans Sports “Bobtail”;
$6,050,000 (lot 20)
1964 Ford GT40 Prototype; $4,950,000 (lot 113)
1953 Ferrari 340 MM Spider; $4,730,000 (lot 50)
1957 Ferrari 500 TRC; $4,510,000 (lot 51)
1953 Jaguar C-Type; $3,725,000 (lot 37)
1959 Maserati Tipo 61 Birdcage; $3,520,000 (lot 146)
1960 Porsche RS60; $3,465,000 (lot 28)
1932 Daimler 40/50 Double Six Sport Saloon; $2,970,000
(lot 139)
1962 Ferrari 400 Superamerica Coupe Aerodinamico;
$2,365,000 (lot 34)
1929 Duesenberg Model J Dual Cowl Phaeton “Blue J”;
$1,980,000 (lot 12)
1955 Maserati A6G/2000 Berlinetta; $1,650,000 (lot 23)
1963 Mercedes-Benz 300 SL Roadster; $1,595,000 (lot 66)
1936 Bugatti Type 57 Atalante; $1,485,000 (lot 136)
2003 Ferrari Enzo; $1,430,000; (lot 18)
1972 Lamborghini Miura P400 SV; $1,375,000 (lot 116)
1938 Bugatti Type 57C Stelvio; $1,292,500 (lot 121)
1919 Miller TNT; $1,210,000 (lot 31)
2008 Bugatti Veyron; $1,182,500 (lot 64)
1955 Mercedes-Benz 300 SL; $1,127,500 (lot 151)
1985 Ferrari 288 GTO; $1,045,000 (lot 48)
Gooding & Company
achieved 21 world records over the weekend, with nine of
these being for Italian cars, Maserati and Lamborghini
featuring as well as Ferrari. A 1960 Ferrari 250 GT LWB
California Spider Competizione (lot 49) at $11,275,000
(a world record for a Ferrari California Spider at
auction), the 1955 Ferrari 857 Sport (lot 109) at $
6,270,000 (a world record for a Ferrari 857 Sport at
auction), a 1953 Ferrari 340 MM Spider (lot 50) at
$4,730,000 (a world record for a Ferrari 340 MM at
auction), a 1959 Maserati Tipo 61 Birdcage (lot 146) at
$3,520,000 (a world record for a Maserati Tipo 61
Birdcage at auction), 1962 Ferrari 400 Superamerica
Coupe Aerodinamico (lot 34) at $2,365,000 (a world
record for a Ferrari 400 Superamerica at auction, a 1955
Maserati A6G/ 2000 (lot 23) at $1,650,000 (a world
record for a Maserati A6/2000 at auction), a 2003
Ferrari Enzo (lot 18) at $1,430,000 (a world record for
a Ferrari Enzo at auction), a 1985 Ferrari 288 GTO (lot
48) at $1,045,000 (a world record for a Ferrari 288 GTO
at auction), a 1976 Lamborghini Countach LP400
“Periscopica” (lot 147) at $660,000 (a world record for
a Lamborghini Countach at auction).