Gooding & Co Scottsdale 2020 - high sales rate, records and disappointments
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Summary
Gooding & Co auctioned off classic cars in Scottsdale for the 13th time on January 17/18, 2020. 137 automobiles and one engine went under the hammer, two cars were withdrawn. The offering had a strong European flavor and included some highlights. However, it was not the "usual suspects" that caused the biggest surprises, but two pre-war cars, a Porsche 914, a Mercedes-Benz 190E and a Land Rover. The cars were valued at almost USD 50 million, but realized just under USD 36 million. On average, each buyer paid USD 292,000 per car, 89 percent of which were sold. This auction report analyzes the results and shows some of the cars in the picture.
This article contains the following chapters
- Over 48 years old on average
- Ferrari, Porsche and other
- Stable interest in valuable items from Maranello
- One of only a few Tucker
- The special Porsche 914/6 GT
- A Mercedes-Benz 190E at a record price
- Super sports cars of the fifties and sixties
- The high-flyer of the weekend
Estimated reading time: 6min
Preview (beginning of the article)
For the 13th time, Gooding & Co auctioned off classic cars at Fashion Square in Scottsdale on January 17-18, 2020. 137 automobiles and one engine went under the hammer, two cars were withdrawn. The offering had a strong European flavor and included some highlights. Gooding did not seem to follow the trend that cars offered at auction are getting younger and younger this time. In fact, the average age of the lots was 48 years and as many as 18 lots were from the pre-war period. And they certainly did well. The Stutz Series M Boattail Speedster from 1930, for example, achieved a sale price of USD 445,000, which was well below expectations but still a considerable sum (and a world record).
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