Gooding & Co "Geared Online" auction 2020 - premiere with a positive outcome
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Created on August 8, 2020
, Reading time 4min
Text:
Bruno von Rotz
Photos:
Mike Maez - Courtesy Gooding & Co
103Josh Hway - Courtesy Gooding & Co
15Brian Henniker - Courtesy Gooding & Co
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Summary
Gooding & Co is also affected by concours cancellations. Instead of the planned auction in Pebble Beach, classic cars and automobilia as well as a motorcycle and a tractor were therefore auctioned online on August 3 to 7, 2020. The 53 four-wheeled vehicles were worth a total of almost USD 22 million. 66 percent of the vehicles passed into new hands for a total of USD 14.3 million, meaning that each buyer paid an average of around USD 410,000. Four of the five most expensive cars bore the prancing horse on the hood, with a Ferrari 275 GTB from 1966 achieving the highest selling price of USD 3.08 million. The big surprises, however, came from the cheaper cars. This auction article analyzes the results and shows many of the vehicles in pictures.
This article contains the following chapters
- 53 classics from eight decades
- The rare rally Porsche
- Ferrari young classic trio
- The "hot rod" from Studebaker
- Mercedes classic car selection
- It was also cheaper
Estimated reading time: 4min
Preview (beginning of the article)
Gooding & Co is also affected by concours cancellations. Instead of the planned auction in Pebble Beach, classic cars and automobilia as well as a motorcycle and a tractor were therefore auctioned online on August 3 to 7, 2020. Together, the 53 four-wheeled vehicles were worth almost USD 22 million. And the bidders did not let themselves get carried away. 66 percent of the vehicles passed into new hands for a total of USD 14.3 million, so on average each buyer paid around USD 410,000. On average, the highest bids were around 85% of the median estimate. The four-wheeled classics, including a Porsche tractor, comprise 53 vehicles.
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Current Market Prices (Selection)
Coupe, 280 PS, 3285 cm3
Coupe, 280 PS, 3285 cm3
4-Door Sedan, 179 PS, 2792 cm3
4-Door Sedan, 168 PS, 4235 cm3
4-Door Sedan, 160 PS, 3442 cm3
Coupe, 168 PS, 4235 cm3
4-Door Sedan, 202 PS, 3239 cm3
4-Door Sedan, 240 PS, 3980 cm3
4-Door Sedan, 168 PS, 4235 cm3
4-Door Sedan, 168 PS, 4235 cm3
4-Door Sedan, 160 PS, 3442 cm3
4-Door Sedan, 204 PS, 4235 cm3