Gooding & Co Amelia Island 2016 - Porsche and Ferrari festival without a slump
Summary
On March 11, 2016, Gooding & Co set off on another high and proved once again that classic car prices, at least in the "new world", are not really on the slide. With ten cars selling for over USD 1.5 million and the Ferrari 250 GT California realizing the highest sales price so far in 2016 at over USD 17 million, Gooding certainly made its mark in the Amelia auction circuit. This report analyzes the results, shows the results in detail and some of the vehicles in the picture.
This article contains the following chapters
- Another expensive California Spider
- The Seinfeld collection
- And yet the Beetle
- The GT40 as a road version
- "Standard classics" mostly at the expected high level
- Sold well below the estimated price
- Eleven cars not sold
- Results of the auction on March 11, 2016
Estimated reading time: 6min
Preview (beginning of the article)
Gooding & Company offered no fewer than 28 Porsches at the traditional Ameila Island auction on March 11, 2016. Supplemented by four Volkswagens, the cars from Zuffenhausen and Wolfsburg thus accounted for more than a third of the entire offering, followed by Ferrari (12 cars) and Mercedes-Benz (7 vehicles). The remaining 23 brands are each represented by one to three vehicles. A total of over USD 75 million was expected for the 80-car sales portfolio, including vehicles from the Jerry Seinfeld collection, i.e. over 950,000 American dollars per car. The specialists around David Gooding were not quite as successful, but a sales rate of 86% and an average sales price of USD 871,915 must be realized first. On average, the sale price was 92% of the median estimate, and the auction, which lasted around four hours, generated a total of USD 60 million for Gooding.
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