Gooding & Co European Sporting & Historic Collection 2021 - ten million for nine classic cars sold online
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Summary
Once again, Gooding & Go auctioned off a car collection in Europe, but this time using the "Geared Online" approach, i.e. purely online. From January 28 to February 5, 2021, interested parties were able to bid for one of the nine European super classics. At £8.4 million (EUR 9.6 million, CHF 10.4 million), the targeted sales volume was almost reached. While an Aston Martin and a Bentley shone, two Rolls-Royces had to admit defeat with low prices. This auction report analyzes the results and shows the vehicles in pictures.
This article contains the following chapters
- British classics in particular
- Valuable Aston Martin DB4 GT with Swiss history
- Successful Ferrari 275 GTB/4 from the motor show
- The Bentley with the special tail
Estimated reading time: 4min
Preview (beginning of the article)
Pure online auctions, i.e. without an auctioneer and live hammering, are also becoming increasingly popular in the classic car sector. Gooding & Co has created its own format for this with "Geared Online" and, as part of the "European Sporting & Historic Collection" auction, offered nine special automobiles over nine days from January 28 to February 5, 2021, which were expected to achieve an average of EUR 1.12 million or CHF 1.21 million. This goal was almost achieved, all nine cars were sold and an average of EUR 1.069 million or CHF 1.154 million was realized per car. What was interesting about the online auction was that all nine cars had already exceeded their reserve price many hours before the bidding deadline.
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