Santa Monica, 25 January, 2021

Gooding & Company, the auction house acclaimed for selling significant and valuable collector cars, maintained its status as a market leader by setting new world auction records at the company’s week-long Geared Online Scottsdale Edition auction. The company realized $7,092,031 from 39 of 49 lots for an 80% sell-through rate, and saw an average price of $181,846 per lot sold.

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In addition to  a stunning array of collector cars on offer, Gooding & Company sold 100% of its automobilia lots, highlighted by the extremely rare c. 1963 Midway Race-Way Pinball Machine. This original and operational electro-mechanical pinball machine smashed its pre-auction estimate for a final price of $27,500, becoming one of the most expensive pinball machines ever sold at auction. The fifth lot in the sale, a Bugatti Type 59 Grand Prix Model by Antonietti-Bossac, ultimately sold for an outstanding $16,875. In total, the company sold all 15 of its automobilia lots, continuing its success in selling a range of automotive history.

“We are pleased with the results of our Geared Online Scottsdale Edition sale,” states Gooding & Company President and Founder, David Gooding. “Although we miss interacting with our clients one-on-one and commanding the auction stage at our annual Scottsdale event, it is exciting to see such incredible engagement on our Geared Online platform.”


Geared Online | The European Sporting & Historic Collection Gooding & Company’s next sale will be its Geared Online UK auction, The European Sporting & Historic Collection. This online only sale follows the company’s record-breaking “Passion of a Lifetime” UK event at Hampton Court Palace. The online only auction will begin on Thursday, 28th January and run through Friday, 5th February 2021, with lots closing beginning at 17:00 GMT. These nine coveted and magnificent automobiles hail from some of Europe’s most significant marques. Preceding the online event, all available lots will be housed in a central location north of London, providing the opportunity for interested bidders to experience the online offerings.



Geared Online | European Sporting & Historic Collection
Online Catalogue Available
Monday, 25 January
Auction Begins
Thursday, 28 January 09:00 GMT
Lots Begin Closing
Friday, 5 February 17:00 GMT
Website

www.goodingco.com

Gooding & Company’s online Arizona sale featured some of the world’s most esteemed marques, from prewar to present day. A Ferrari led the sale with the well-preserved 1966 Ferrari 275 GTB Long Nose achieving $1,936,000. One of the most exciting cars of the week, the 1954 Aston Martin DB2/4 Drophead Coupe, saw bidding placed up until the very last second before ultimately selling for $968,000. The timeless 1926 Bugatti Type 37 Grand Prix reached a final sale price of $935,000, which set a new auction world record for a Type 37. Rounding out the company’s top five sales was an attractive 1965 Shelby GT350 that ended a lengthy bidding war with a winning price of $385,000. One of the most distinctive lots from the online sale, the record-breaking 1972 Citroen SM Land Speed Racer, successfully sold above estimate at an impressive $203,500. A 1968 Meyers Manx more than doubled its low estimate by selling for $101,200, setting a new auction world record for the model in the process.