Gooding & Company Concludes Most Successful Amelia Island Auction to Date
by Gooding & Company
March 5, 2022
The California-based firm dominated auction week in Amelia Island by achieving more than $66 million in sales, selling the most valuable French car at auction, the 1937 Talbot-Lago T150-C-SS Teardrop Coupe.
Gooding & Company stunned the collector car market once again, concluding its most successful and profitable auction at Amelia Island to date throughout its 13 year history at the venue. The company amassed a whopping $66,534,480 in sales, achieving a 92% sales rate from 91 out of 99 lots sold. Presenting a truly outstanding event, the auction house sold 19 lots over $1,000,000 in a single day, yielding an average price per car of $731,148.
The most significant sale of the week was the 1937 Talbot-Lago T150-C-SS Teardrop Coupe, which sold for $13,425,000 and set a new world record for the Talbot-Lago marque at auction. Gooding & Company kicked off its first live event of 2022 with this incredible Figoni et Falaschi bodied Teardrop Coupe, which will go down in history as the most valuable French automobile ever sold at auction. The wholly unprecedented offering captivated each and every gaze in the room when the elegant, timeless beauty graced the auction stage before being sent off to its next fortunate custodian.
The sale of the 1967 Toyota-Shelby 2000 GT also made global headlines when it sold for $2,535,000, simultaneously setting the world records for both the most valuable Japanese car ever purchased at public auction, and the most valuable Toyota sold at auction. A fiery red 1991 Ferrari F40 also sold handsomely for $2,452,500, and a rare and beautifully preserved 1954 Bentley R-Type Continental Fastback set a new world record at auction for the model, selling for $2,975,000. The 1969 Fiat Dino 2400 Spider achieved a remarkable price for the model at $390,000, and an unrestored 1959 BMW 507 Series II raked in $2,150,000. Additionally, a pair of 1960s Corvettes reached stunning figures, with the 1963 Chevrolet Corvette Z06 Split-Window Coupe achieving a record at auction for a 1963 Z06 by selling for $1,242,500, and the 1966 Chevrolet Corvette 427/390 Coupe bringing in $533,000.
100% of all Porsche lots offered at the sale were sold, and the German automaker was by and large the most represented marque at the auction, comprising one third of all cars. The leading Porsche sale was the 1959 Porsche 718 RSK, which achieved $2,975,000 after an engaging bidding war that had the whole crowd cheering. The race car came to auction after fifty years of single family ownership, and boasted a proven history both on and off the racetrack. Yet another well sold competition Porsche was the 1965 Porsche 904/6, which achieved a remarkable figure of $2,205,000. More modern icons from the German marque also realized record-setting figures, confirming the current uptick of both value and demand for Porsches produced in the 1990s and after. A 2005 Porsche Carrera GT shattered the recently set world record at auction for the model by selling for $2,012,500, eclipsing the $2,000,000 million record achieved earlier this year. The 1993 Porsche 964 Carrera RS 3.8 Clubsport also set a new world record at auction for the model, yielding a total selling figure of $1,875,000. Various other modern Porsche lots also commanded strong figures, including the 2001 Porsche 996 GT2 that sold for $240,800, and the 2018 Porsche 911 GT3 Touring that brought in $302,000 after a considerable bidding war between several contenders. Within the same realm, an ultra-rare, gorgeous Riviera Blue 1998 RUF Turbo R Limited set a new world record at auction for the marque, becoming the most valuable RUF ever purchased at public sale by yielding $2,040,000.
Gooding & Company also had the honor of presenting highly sought-after Porsches and BMWs from the respective collections of Lloyd Hawkins and the late and legendary Rudy 'Mr. 993' Mancinas, of which 100% of lots sold. The Lloyd Hawkins Collection, consisting of competition-specified Porsches, included two racing 1979 Porsche 935 examples, with one selling for $1,765,000, and the other selling for $1,462,500. The 1974 Porsche 911 Carrera 3.0 RSR IROC from the collection also garnered bidders' attention, achieving $1,627,500. Additionally, the Rudy 'Mr. 993' Mancinas Collection, which consisted of 18 Porsches and BMWs in rare and desirable color combinations, sold especially well after weeks of anticipation from loyal enthusiasts and admirers of the late collector. Among the best sellers were the 1974 BMW 2002 tii, which nearly doubled its estimate by selling for $100,800, and the 1968 Porsche 912 Soft-Window Targa, which realized a very solid figure of $128,800. The custom 'Rudyfied' 993 examples from Mr. 993 himself also bode well, including the rare Blue Turquoise 1997 Porsche 993 Carrera 4S that sold for $246,400, the 1997 Porsche 993 Carrera 2S in Ocean Jade Metallic that achieved $207,200, and the paint-to-sample Slate Grey Metallic 1996 Porsche 993 Carrera 4S that commanded $196,000.
'We could not be more gratified and proud of the tremendous success of our Amelia Island Auction this year, which marks a milestone in our thirteen years of history at this venue,' said Gooding & Company President and Founder, David Gooding. 'Our targeted offerings reflected the tastes and interests of our buyers at this moment in time, and also reiterated recent trends in the market, especially with increased demand in rare, desirable, and customized Porsches and competition cars. Additionally, as demonstrated with the sale of the utterly incomparable 1937 Talbot-Lago T150-C-SS Teardrop Coupe or the 1967 Toyota-Shelby 2000 GT, we brought to market some of the world's greatest and most unique automobiles ever produced, and the market responded accordingly.'
Lots Sold Over $1 Million:
Lot 54 – 1937 Talbot-Lago T150-C-SS Teardrop Coupe, sold for $13,425,000
Lot 63 – 1954 Bentley R-Type Continental Fastback, sold for $2,975,000
Lot 27 – 1959 Porsche 718 RSK, sold for $2,975,000
Lot 42 – 1967 Toyota-Shelby 2000 GT, sold for $2,535,000
Lot 52 – 1991 Ferrari F40, sold for $2,452,500
Lot 61 – 1965 Porsche 904/6, sold for $2,205,000
Lot 39 – 1959 BMW 507 Series II, sold for $2,150,000
Lot 31 – 1967 Ferrari 330 GTS, sold for $2,095,000
Lot 69 – 1998 RUF Turbo R Limited, sold for $2,040,000
Lot 33 – 2005 Porsche Carrera GT, sold for $2,012,500
Lot 57 – 1993 Porsche 964 Carrera RS 3.8 Clubsport, sold for $1,875,000
Lot 82 – 1979 Porsche 935, sold for $1,765,000
Lot 83 – 1974 Porsche 911 Carrera 3.0 RSR IROC, sold for $1,627,500
Lot 77 – 1954 Mercedes-Benz 300 SL Gullwing, sold for $1,600,000
Lot 88 – 1979 Porsche 935, sold for $1,462,500
Lot 71 – 1963 Chevrolet Corvette Z06 Split-Window Coupe, sold for $1,242,500
Lot 48 – 1965 Ferrari 275 GTB, sold for $1,215,000
Lot 66 – 2019 Ford GT, sold for $1,077,500
Lot 50 – 1966 Shelby 427 Cobra, sold for $1,050,000
New World Auction Records:
Lot 54 – 1937 Talbot-Lago T150-C-SS Teardrop Coupe, sold for $13,425,000 (a world record for the marque; most valuable French car ever sold at auction)
Lot 63 – 1954 Bentley R-Type Continental Fastback, sold for $2,975,000 (a world record for the model)
Lot 42 – 1967 Toyota-Shelby 2000 GT, sold for $2,535,000 (a world record for the marque; most valuable Japanese car ever sold at auction)
Lot 69 – 1998 RUF Turbo R Limited, sold for $2,040,000 (a world record for the marque)
Lot 33 – 2005 Porsche Carrera GT, sold for $2,012,500 (a world record for the model)
Lot 57 – 1993 Porsche 964 Carrera RS 3.8 Clubsport, sold for $1,875,000 (a world record for the model)
Lot 71 – 1963 Chevrolet Corvette Z06 Split-Window Coupe, sold for $1,242,500 (a world record for the Z06 model year 1963)
Looking Ahead
Later this month, Gooding & Company will conduct an online-only auction spanning two weeks consisting of prized automobilia lots, commencing on Monday, March 28. Lots begin closing on Friday, April 8. The company will also return to the live auction stage later this year, first hosting its signature two-day sale as the official auction house of the Pebble Beach Concours d'Elegance® on August 19 and 20, and then as the official auction house partner and sponsor of the Concours of Elegance at Hampton Court Palace on Saturday, September 3. Individuals interested in consigning their vehicles or partaking in upcoming auctions are encouraged to contact the company and speak with one of our experienced team members.
Geared Online Automobilia | Spring 2022
Auction Begins: Monday, March 28
Lots Begin Closing: Friday, April 8
Website: www.goodingco.com
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Twitter: @goodingandco #GearedOnline
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Phone: +1 310.899.1960
Photo credit: Dan Vaughan / conceptcarz.com posted on conceptcarz.com
