Concept Carz Home Concepts and PrototypesAbout Follow ConceptCarz on Facebook Follow ConceptCarz on Twitter RSS News Feed
 
 Automotive NewsArrow PictureUp 44%, Gooding & Company reports more than $189 million and 45 world records from its 2012 automotive auction sales 
Up 44%, Gooding & Company reports more than $189 million and 45 world records from its 2012 automotive auction salesAddThis Social Bookmark Button

Up 44%, Gooding & Company reports more than $189 million and 45 world records from its 2012 automotive auction sales  Gooding & Company, the auction house acclaimed for selling the world's most significant and valuable collector cars, is pleased to report its 2012 year-end sales of more than $189.6 million for 296 lots sold, averaging $640,635 per car. The 2012 year-end total is 44% higher than last year's results for the same number of cars sold, a significant increase that demonstrates the rising demand for extraordinary cars as well as the quality presented by the auction house.

'Our 2012 auctions attracted an unprecedented level of international spectators and new collectors, which shows us that there continues to be a growing demand all over the world for blue chip cars,' says David Gooding, President and Founder. 'I anticipate an even greater sophistication among buyers and sellers in 2013, greater appreciation for historic, pre-war cars and more interest in post-war European sports cars in our thriving, global community.'

The auction house's top two record-breaking sales this year were the 1936 Mercedes-Benz 540 K Special Roadster that sold for $11,770,000, a double world record for a Mercedes-Benz and a pre-war car at auction, and the 1960 Ferrari 250 GT LWB California Spider Competizione that sold for $11,275,000, a world record for a Ferrari California Spider at auction. Both cars were sold at the Pebble Beach Auctions in August, in association with the Pebble Beach Concours d'Elegance, the world's premier car show, and also rank as the world's top two most valuable cars sold at auction in 2012, to date.

Summary of world records

Up 44%, Gooding & Company reports more than $189 million and 45 world records from its 2012 automotive auction sales  Gooding & Company realized 45 world auction records in 2012 for a variety of blue chip collector cars, heavily weighted by post-war examples of Ferrari and Porsche. Ten records were realized for historic pre-war automobiles of the marques Mercedes-Benz, Bentley, Packard, and Duesenberg.

Summary of cars sold over $1 million

An all-time high for the auction house as well as the automotive auction industry, Gooding & Company sold 41 cars over $1 million each this year compared to 27 cars in 2011. The top five sales ranged from $6.05 million to $11.77 million, constituted by the 1936 Mercedes-Benz 540 K Special Roadster, 1960 Ferrari 250 GT LWB California Spider Competizione, 1957 Ferrari 250 GT LWB California Prototype, 1955 Ferrari 857 Sport and 1928 Bentley 4 ½ Litre Le Mans Sports 'Bobtail.'

Cars for Charity

Gooding & Company has auctioned off more than $30 million in collector cars over the years benefitting charities that impact various causes and foundations around the world. Its highest profile charity moment this year occurred in August at the Pebble Beach Auctions when Gooding & Company auctioned Jay Leno's personal 2012 Fiat 500 Prima Edizione to raise money for Fisher House Foundation. The first-edition Fiat 500, valued between $25,000–$35,000 according to auction estimate, realized an extraordinary final price of $385,000 and attracted an additional $215,000 of charitable contributions, resulting in $600,000 in fundraising for the foundation. United States Secretary of Defense the Honorable Leon Panetta and Chief of Staff of the United States Army General Raymond Odierno joined Jay Leno as special guests on stage with David Gooding and Auctioneer Charlie Ross in support of the foundation.

Scottsdale Auctions, January 20 & 21

• $39,833,900 total sold including a 10% buyer's premium

• 116 of 118 lots sold

• 98% sales rate

• Average price per car sold: $343,395

• 13 world records

Its most successful Scottsdale Auctions to date, Gooding & Company sold $39.8 million at its January two-day sale with 98% sold and 13 world records realized by top-of-category cars. For the fifth consecutive year, Gooding & Company sold the most valuable car of the week, a 1955 Mercedes-Benz 300 SL Alloy Gullwing for $4.62 million, realizing a double world record for a 300 SL and an Alloy Gullwing. Collectors also demonstrated strong demand for the six exceptionally-restored Packard Twelves from the Thomas A. Moretti Estate Collection, which collectively realized $2.662 million. As an important barometer for the industry, these successful Scottsdale results set a strong tone and pace for the year.

Amelia Island Auction, March 9

• $36,057,800 total sold including a 10% buyer's premium

• 70 of 77 lots sold

• 91% sales rate

• Average price per car sold: $515,111

• 11 world records

In Amelia Island, attention was on the Porsche marque when Gooding & Company offered the exceptional Drendel Family Collection. The renowned Porsche collection included seventeen iconic road models and sports racing cars that collectively sold above $17.7 million, realizing nine of the auction's 11 overall world records. The top-selling lot of the Amelia Island weekend was the Drendel Family Collection's 1973 Porsche 917/30 Can-Am Spyder that sold for $4.4 million. A 1955 Porsche 550/1500 RS Spyder also sold for $3.685 million, a world auction record for a Porsche 550 Spyder. Gooding & Company's one-day, $36 million Amelia Island Auction made a significant impact on the industry as an important venue for the high-end market among both US and European collectors.

Pebble Beach Auctions, August 18 & 19

• $113,736,300 total sold including a 10% buyer's premium

• 110 of 123 lots sold

• 89% sales rate

• Average price per car sold: $1,033,966

• 21 world records

The highest, all-time recorded sale in automotive history, Gooding & Company's Pebble Beach Auctions were tremendously successful this year with more than $113.7 million in sales for 110 lots sold over two days, averaging $1,033,966 per car. With values at an all-time high for the very best, the auction house sold two cars over $11 million each and five cars over $6 million each. Significant offerings for enthusiasts who seek rare provenance, the Sherman M. Wolf Collection of four Ferraris collectively realized $21.5 million and the William A.C. Pettit, III Collection of 12 unrestored Classics realized more than $4 million overall.

Looking forward to 2013

Gooding & Company will be conducting its annual Scottsdale Auctions on January 18 and 19 at Scottsdale Fashion Square, located at the corner of E. Camelback Road and N. 68th Street. Early star consignments include the 1957 Maserati 150 GT Prototype valued in excess of $3 million, a 1938 Bugatti Type 57C Atalante, 2003 Ferrari Enzo and 1995 Ferrari F50. The next annual Amelia Island Auction will take place on March 9 in Amelia Island, Florida and Pebble Beach Auctions will be held on August 17 and 18 in Pebble Beach, California. Bidder registration forms, press credentials and additional auction information are available at www.goodingco.com or by calling (310) 899-1960.

Photo Information:

1st Image: The world's top-selling car at auction in 2012 (to date), the 1936 Mercedes-Benz 540 K 'von Krieger' Special Roadster sold at Gooding & Company's Pebble Beach Auctions for $11.77 million, a double world record for a Mercedes-Benz and pre-war car at auction. Image copyright and courtesy of Gooding & Company. Photo by Mike Maez.

2nd Image: From the Sherman M. Wolf Collection, the 1960 Ferrari 250 GT LWB California Spider Competizione sold at the Pebble Beach Auctions for $11.275 million, a world record for a Ferrari California Spider. This car is also the second most valuable car sold at auction in world this year. Image copyright and courtesy of Gooding & Company. Photo by Brian Henniker.

   Recent Articles
The Snake and Mongoose Cars Appearing at Pinehurst Concours  The Snake and Mongoose Cars Appearing at Pinehurst Concours

VILLAGE OF PINEHURST, N.C. (April 24, 2014) – Hot Wheels kids who have grown into nostalgic adults are in for a treat at the 2014 Pinehurst Concours d'Elegance.

The Hot Wheels-branded Snake and Mongoose Funny Cars, purchased in January by legendary NASCAR car owner Rick Hendrick, will be a part of the Race Cars class presented by Virginia International Raceway at the second annual vintage auto showcase at Pinehurst Resort on Sunday, May 4.

The yellow Snake (1972 Plymouth Barracuda) ....
2014 Palos Verdes Concours d'Elegance Increases Classes to 22  2014 Palos Verdes Concours d'Elegance Increases Classes to 22

Chrysler designs by Virgil Exner added

Rancho Palos Verdes, CA – April 17 , 2014 - The 22nd annual Palos Verdes Concours d'Elegance at the Trump National Golf Club in Rancho Palos Verdes, California on Sunday September 14 has increased the number of its classes from 20 to 22. The changes result from adding a class for Chryslers designed by Virgil Exner and dividing Post War American into two classes - 1957-1958 and 1959 to 1966.

The event will celebrate automotive innovation ....
All-new Alfa Romeo 4C Debuts at the 2014 New York Auto Show, Marks the Iconic Italian Brand's Return to North America  All-new Alfa Romeo 4C Debuts at the 2014 New York Auto Show, Marks the Iconic Italian Brand's Return to North America

•2014 New York Auto Show debut of all-new 2015 Alfa Romeo 4C coupe and limited-edition 4C Launch Edition marks the Italian sports car brand's return to the North American market
•Mid-engine proportions and inspiration from the brand's racing traditions highlight Alfa Romeo 4C's purposeful design for maximum performance
•Alfa Romeo engineers leveraged advanced materials and technological solutions from Formula 1, including a carbon fiber monocoque, aluminum chassis structures and a composite bo....
McQueen's Famous 1956 Jaguar Coming to Pinehurst Concours  McQueen's Famous 1956 Jaguar Coming to Pinehurst Concours

VILLAGE OF PINEHURST, N.C. (April 16, 2014) – A 1956 Jaguar XKSS owned by movie legend Steve McQueen, now housed at the world famous Petersen Automotive Museum in Los Angeles, will make the cross country trip from California to North Carolina and be displayed at the 2014 Pinehurst Concours d'Elegance.

McQueen, called 'The King of Cool,' became the highest paid movie star in the world in 1974 and starred in such movies at 'Bullitt,' 'The Great Escape' and 'Papillon.' McQueen, who was al....
Sir Stirling Moss to be Featured Guest on Saturday of Rolex Monterey Motorsports Reunion  Sir Stirling Moss to be Featured Guest on Saturday of Rolex Monterey Motorsports Reunion

• Legendary Driver to Participate in Q&A and Celebratory Parade Laps


MONTEREY, Calif., April 15, 2014 — Arguably the greatest all-around racing driver of his time and a true icon of the motor racing world, Sir Stirling Moss will be the honored guest at the Picnic in the Park at the Rolex Monterey Motorsports Reunion on Saturday, August 16. Historian Murray Smith will conduct the always engaging noontime session in the Mazda Raceway Laguna Seca marketplace where fans may bring t....
Rare 1938 Steyr Winner Returns to Pinehurst Concours  Rare 1938 Steyr Winner Returns to Pinehurst Concours

VILLAGE OF PINEHURST, N.C. (April 7, 2014) – A rare 1938 Steyr Roadster, which captured Best in Show at least year's inaugural Pinehurst Concours d'Elegance, returns to Pinehurst Resort to be displayed for patrons at the 2014 classic auto showcase the first weekend of May.

The cream-colored Steyr, one of only six ever made, is owned by Peter Boyle of Oil City, Pa., and will be staged in front of the hedges at the Carolina Hotel prior to the start of the Iron Mike Rally on Friday, May....
Concours d'Elegance of America at St. John's : Class Previews  Concours d'Elegance of America at St. John's : Class Previews

Here is a little preview of two of our special classes for St. John's upcoming show.

Featured Designer: Virgil Exner
The 2014 Concours d'Elegance of America will honor the work of famed chief designer Virgil Exner with an unprecedented display of Chrysler Corporation's 1955-1961 'Forward Look,' a daring two-pronged styling revolution that changed the look of the American car.

First up were the 'jet-age'1955 Plymouths, Dodges, DeSotos, Chryslers and Imperials. Then came the 1957 m....
2014 Alfa Romeo 4C
2014 Alfa Romeo 4C  2014 Alfa Romeo 4C  2014 Alfa Romeo 4C  2014 Alfa Romeo 4C  2014 Alfa Romeo 4C  
2014 Alfa Romeo Giulietta Quadrifoglio Verde
2014 Alfa Romeo Giulietta Quadrifoglio Verde  2014 Alfa Romeo Giulietta Quadrifoglio Verde  
2014 Alfa Romeo MiTo Quadrifoglio Verde
2014 Alfa Romeo MiTo Quadrifoglio Verde  2014 Alfa Romeo MiTo Quadrifoglio Verde  
2014 Bugatti Veyron Grand Sport Vitesse Rembrandt
2014 Bugatti Veyron Grand Sport Vitesse Rembrandt  2014 Bugatti Veyron Grand Sport Vitesse Rembrandt  2014 Bugatti Veyron Grand Sport Vitesse Rembrandt  2014 Bugatti Veyron Grand Sport Vitesse Rembrandt  2014 Bugatti Veyron Grand Sport Vitesse Rembrandt  
2014 Chevrolet COPO Camaro
2014 Chevrolet COPO Camaro  
2014 Ferrari LaFerrari
2014 Ferrari LaFerrari  2014 Ferrari LaFerrari  2014 Ferrari LaFerrari  2014 Ferrari LaFerrari  2014 Ferrari LaFerrari  
2014 Infiniti Q60 Bobby Unser Edition
2014 Infiniti Q60 Bobby Unser Edition  2014 Infiniti Q60 Bobby Unser Edition  2014 Infiniti Q60 Bobby Unser Edition  2014 Infiniti Q60 Bobby Unser Edition  2014 Infiniti Q60 Bobby Unser Edition  
2013 Alfa Romeo 4C
2013 Alfa Romeo 4C  2013 Alfa Romeo 4C  2013 Alfa Romeo 4C  2013 Alfa Romeo 4C  2013 Alfa Romeo 4C  
2013 Alfa Romeo Disco Volante Touring
2013 Alfa Romeo Disco Volante Touring  2013 Alfa Romeo Disco Volante Touring  2013 Alfa Romeo Disco Volante Touring  2013 Alfa Romeo Disco Volante Touring  2013 Alfa Romeo Disco Volante Touring  
2013 Aston Martin Vanquish Volante Neiman Marcus Edition
2013 Aston Martin Vanquish Volante Neiman Marcus Edition  2013 Aston Martin Vanquish Volante Neiman Marcus Edition  2013 Aston Martin Vanquish Volante Neiman Marcus Edition  2013 Aston Martin Vanquish Volante Neiman Marcus Edition