Gooding Pebble Beach Auction 2016 - Records despite more cautious buyers

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Created on August 23, 2016

Reading time 9min

Written by:

Bruno von Rotz

Photos:

Mathieu Heurtault - Courtesy Gooding & Co

Mike Maez - Courtesy Gooding & Co

Brian Henniker - Courtesy Gooding & Co

Piotr Degler - Courtesy Gooding & Co

Mike Maez - Courtesy Gooding & Company

- Courtesy Gooding & Co

Jensen Sutta - Courtesy Gooding & Co

Mathieu Heurtault1994_Porsche_964_Turbo_S_Flachbau-12_MH - Courtesy Gooding & Co

Mathieu Heurtault - Courtesy Gooding & Co

Mike Maez - Courtesy Gooding & Co

Brian Henniker - Courtesy Gooding & Co

Piotr Degler - Courtesy Gooding & Co

Mike Maez - Courtesy Gooding & Company

- Courtesy Gooding & Co

Jensen Sutta - Courtesy Gooding & Co

Mathieu Heurtault1994_Porsche_964_Turbo_S_Flachbau-12_MH - Courtesy Gooding & Co

Ferrari 250 GT LWB California Spider (1959) - zugeschlagen für USD 16,5 Millionen - Gooding & Co Pebble Beach 2016

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Ferrari 250 GT LWB California Spider (1959) - als Lot 033 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Ferrari 166 MM Berlinetta (1950) - als Lot 068 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Ferrari 250 GT SWB Berlinetta Competizione (1960) - als Lot 056 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Alfa Romeo 8C 3000 Monza (1933) - zugeschlagen für USD 10,9 Millionen - Gooding & Co Pebble Beach 2016

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Alfa Romeo 8C 2300 Monza (1933) - als Lot 128 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Ferrari 250 GT SWB (1962) - als Lot 121 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Maserati A6/1500 Coupé (1948) - als Lot 050 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Maserati A6G/54 Spider Frua (1957) - als Lot 130 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Maserati 3500 GT (1960) - als Lot 157 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Maserati 3500 GT (1962) - als Lot 051 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Maserati 3500 GT Spider Vignale (1960) - als Lot 047 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Maserati 5000 GT Coupé Indianapolis (1961) - als Lot 048 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Maserati Sebring Series 1 (1963) - als Lot 118 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Maserati Ghibli 4900 SS Spider (1971) - als Lot 115 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Maserati Ghibli Open Cup (1995) - als Lot 049 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Bugatti Type 55 Roadster (1932) - als Lot 135 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Rolls-Royce Phantom II Continental Berline (1932) - als Lot 125 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Marmon Sixteen Convertible Coupe (1931) - als Lot 117 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Bentley 3 Litre Speed Model Sports Tourer (1927) - als Lot 027 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Porsche 964 Turbo S Flachbau (1994) - als Lot 045 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Porsche 935 (1979) - als Lot 060 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Porsche 911 SC/RS (1984) - als Lot 141 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Packard 734 Speedster Runabout (1930) - als Lot 030 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Fiat-Abarth 1000 Monoposto Da Record La Principessa (1960) - als Lot 148 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Cisitalia 202 CMM (1946) - als Lot 123 versteigert an der Gooding & Company Pebble Beach Auction am 20./21. August 2016

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Aston Martin DB 2/4 Bertone Deluxe Competition Spider (1954) - angeboten von Gooding & Company an der Pebble Beach Versteigerung 2016

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Aston Martin DB 2/4 Bertone Deluxe Competition Spider (1954) - Scaglione-Design, im Auftrag von Arnolt bei Bertone gebaut, Chassis LML 505, angeboten durch Gooding in Pebble Beach 2016

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Aston Martin DB 2/4 Bertone Deluxe Competition Spider (1954) - Interieur von Chassis LML 505

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Aston Martin DB 2/4 Bertone Deluxe Competition Spider (1954) - der Reihen-Sechszylinder, eingebaut in Chassis LML 505, angeboten durch Gooding in Pebble Beach 2016

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Summary

On August 20 and 21, 2016, Gooding & Company auctioned 138 cars and two motorcycles in Pebble Beach, with an average estimated value of around USD 1.3 million. Four cars were worth over USD 10 million to their new owners: two Ferraris, an Alfa Romeo and a Bugatti. Overall, however, the hammer fell at prices that were below expectations, and 26 vehicles could not be knocked down. This auction report analyzes the results of the two-day sales event and shows some of the lots in the picture.

This article contains the following chapters

138 cars from 35 brands
The eight-figure cars
Racing car for the gourmet
One-off special bodies
The very special Abarth
Maserati jewels
Continued high price level
List of vehicles on offer

Estimated reading time: 9min

Preview (beginning of the article)

Gooding & Company only hold three classic car auctions per year, the most important of which is organized on the occasion of the Concours d'Elégance in Pebble Beach. On August 20 and 21, 2016, the organizers from Gooding once again put together a rich portfolio consisting of 138 cars and two motorcycles, which was impressive in terms of both exclusivity and provenance. An average of around 1.3 million USD (1.15 million euros or 1.25 million CHF) was expected per vehicle, while Gooding estimated the total value of the 140 lots at 180 million American dollars. However, the bidders present did not want to lay out quite that much. Around USD 130 million was raised for the 114 lots sold. This means that USD 1.14 million was achieved per vehicle, which is still a high amount, especially as the lots included a VW Beetle.

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