Gooding & Co London Auction 2023 - almost half stopped
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Summary
Gooding & Co auctioned 44 vehicles at the Hampton Court Concours of Elegance on September 1, 2023. Just over half were sold, a Ferrari and a Mercedes-Benz were the most expensive cars, while many super classics were left standing. This auction review analyzes the results and shows all the vehicles in pictures.
This article contains the following chapters
- Bentley, Ferrari, Jaguar and Porsche
- The Mille Miglia Ferrari as the most expensive
- Two very special Jaguar E-Types
- Many unsold super classics
Estimated reading time: 3min
Preview (beginning of the article)
On the occasion of the 11th Hampton Court Palace Concours of Elegance, Gooding & Co also auctioned 44 vehicles, including three motorcycles, and three engines on the afternoon of September 1, 2023. A quarter of the lots were offered without a reserve price. On average, the vehicles were 66 years old and valued at £ 520,000. 23 vehicles (sales rate 52 percent) were sold for a total of £ 9.6 million. On average, buyers paid almost £ 420,000 per vehicle. The fact that the average bid was only 68% of the estimated value, together with the relatively low sales rate, shows that the desire to buy was not exactly huge in London at the beginning of September, which was also evident from the relatively large number of empty seats at the auction.
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