Gooding & Company Auction Sets Record With ’61 Ferrari

gooding and company auction

Gooding & Company realized $60,162,150 in a single day at the company’s 2016 Amelia Island Auction.

The most talked about event of the week did not disappoint, as President David Gooding and Auctioneer Charlie Ross sold 69 of 79 lots for an impressive 87% sales rate, which resulted in an astounding average price of $871,915 per car sold.

The standing-room-only crowd also witnessed the company achieve nine new world auction benchmarks. There were highlights throughout the auction, including the $22,244,500 garnered by Selections from The Jerry Seinfeld Collection and the star of the day, the 1961 Ferrari 250 GT SWB California Spider which commanded a price of $17,160,000.

The 1961 Ferrari 250 GT SWB California Spider debuted with a spirited round of bidding until the hammer dropped with a realized price of $17,160,000, setting the single lot record for a car sold in the history of all Amelia Island auctions, as well as for a Gooding & Company auction overall. Other notable Ferraris, which commanded fervent bidding wars, were the 1995 Ferrari F50 (sold for $2,310,000) and the 1960 Ferrari 250 GT Series II Cabriolet (sold for $1,512,500). In addition, coach built pre-war offerings delivered strong prices on Friday. The company’s handsome 1931 Duesenberg Model J Disappearing-Top Convertible Coupe crossed the block with a final price of $2,640,000.

The tent was filled with anticipation as Selections from The Jerry Seinfeld Collection drew near; the enthusiastic crowd erupted in applause as Mr. Jerry Seinfeld joined David Gooding and Charlie Ross on stage to introduce his prized collector cars to his fellow enthusiasts and potential bidders. The paddles went wild for Mr. Seinfeld’s 1955 Porsche 550 Spyder, which spawned a lengthy bidding battle with the audience eyes shifting back and forth until the final offer sold the car for a realized price of $5,335,000.

The ultimate Porsche connoisseur’s offerings had strong sales, which included the 1959 Porsche 718 RSK (sold for $2,860,000), the 1974 Porsche 911 Carrera 3.0 IROC RSR (sold for $2,310,000), the 1990 Porsche 962C (sold for $1,650,000), the 1958 Porsche 356 A 1500 GS/GT Carrera Speedster (sold for $1,540,000), the 1994 Porsche 964 Turbo 3.6 S Flachbau (sold for $1,017,500), the 1998 Porsche 993 3.8 Cup RSR (sold for $935,000) and the 1963 Porsche 356 B 2000 GS/GT Carrera 2 Coupe (sold for $825,000).

Mr. Charlie Ross worked the room into a frenzy for the highly original 1960 Volkswagen Beetle until the final price was reached at $121,000, a world auction record for Volkswagen Beetle.

Top 10 Sales:

  • 1961 Ferrari 250 GT California SWB Spider (closed headlight) sold for $17,160,000
  • 1955 Porsche 550 Spyder Roadster sold for $5,335,000
  • 1966 Ford GT40 Mk I Road Coupe sold for $3,300,000
  • 1973 Porsche 917/30 Can-Am Spyder sold for $3,000,000
  • 1959 Porsche 718 RSK Roadster sold for $2,860,000
  • 1931 Duesenberg Model J Murphy Convertible Coupe sold for $2,640,000
  • 1974 Porsche 911 Carrera 3.0 IROC RSR Coupe sold for $2,310,000
  • 1995 Ferrari F50 Coupe sold for $2,310,000
  • 1963 Ferrari 250 GT Lusso Coupe sold for $1,875,000
  • 1990 Porsche 962C Coupe sold for $1,650,000
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