Gooding & Co Pebble Beach 2024 - Ferrari weakness and new buyer groups
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Created on August 19, 2024
, Reading time 6min
Written by:
Bruno von Rotz
Photos:
- Courtesy Gooding & Company
57Mathieu Heurtault - Courtesy Gooding & Company
46Brian Henniker - Courtesy Gooding & Company
42Mike Maez - Courtesy Gooding & Company
22Mathieu Heurault - Courtesy Gooding & Company
11Anna McGrath - Courtesy Gooding & Company
6Joshua Hway - Courtesy Gooding & Company
4Joshua Sweeney - Courtesy Gooding & Company
4Josh Hway - Courtesy Gooding & Company
4ted7 - Courtesy Gooding & Company
4Owner - Courtesy Gooding & Company
4Hanna Yamamoto - Courtesy Gooding & Co
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Summary
184 cars went under the hammer at Gooding & Co on the occasion of the 73rd Pebble Beach Concours d'Elégance on August 16 and 17, 2024. Together, the cars are worth over USD 222 million, with four-fifths of the vehicles selling for an average of USD 690,000. An Alfa Romeo 8C 2900B achieved a record price, but only just under half of the Ferraris were sold. This auction review analyzes the results and shows many of the vehicles in pictures.
This article contains the following chapters
- Ferrari and Porsche made up a third of the offer
- The valuable Alfa Romeo
- The spurned Ferrari
- Above expectations
- Favorable opportunities?
Estimated reading time: 6min
Preview (beginning of the article)
David Gooding's auction house has been the official auction partner of the Pebble Beach Concours d'Elégance since Gooding & Co was founded many years ago, and Charlie Ross has been swinging his hammer for Gooding for just as long. On August 16 and 17, 2024, it was time again and 184 cars worth over USD 222 million were looking for new buyers. 55 percent of these were offered without a reserve price. In the end, 147 cars (80%) were sold, with the new owners paying an average of USD 690,743. It was mainly highly valued cars that were left standing. The bidders showed a great deal of interest and went for an average of 82% of the median estimate.
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Current Market Prices (Selection)
Convertible, 450 PS, 4611 cm3
Coupe, 450 PS, 4611 cm3
null, 65 PS, 1290 cm3
null, 89 PS, 1290 cm3
null, 80 PS, 1290 cm3
null, 89 PS, 1290 cm3
null, 115 PS, 1975 cm3
null, 145 PS, 2584 cm3
null, 92 PS, 1570 cm3
Convertible, 111 PS, 1570 cm3
Convertible, 108 PS, 1570 cm3
Convertible, 118 PS, 1779 cm3