Amelia Island, Fla., 12 March, 2018

Gooding & Company, the auction house acclaimed for selling some of the world’s most significant and valuable collector cars, realized $35,937,250 in a single day at the company’s annual Amelia Island Auction, held on March 9, 2018. The auction house achieved a 95.4% sale rate with 83 of 87 lots sold, producing an average price of $432,978 per lot and an impressive 14 cars sold for over $1 million.

The company continued its tradition as the Porsche market leader, with significant Porsche sales that included the immaculate 1993 Porsche 964 Turbo S Leichtbau (sold for $1,760,000), the 1990 Porsche 962C (sold for $1,595,000), the 2015 Porsche 918 Spyder (sold for $1,540,000), and the 1996 Porsche 993 GT2 (sold for $1,485,000). Additional highlights from the event included the 2003 Ferrari Enzo (sold for $2,365,000), the 1967 Ford GT40 Mk IV (sold for $1,925,000), and the 1952 Ferrari 212 Europa Cabriolet (sold for $1,600,000).

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The auction house continued to bring some of the most significant barn-find discovers to market. The automotive world was abuzz when Gooding & Company consigned the rare, beautiful 1966 Ferrari 275 GTB Long Nose Alloy and the iconic, muscular 1967 Shelby 427 Cobra.  Both cars had been parked and left untouched in the same garage since 1991. The Ferrari 275 GTB Long Nose Alloy garnered $2,530,000, and the 1967 Shelby 427 Cobra sold for $1,045,000. Also, the 1957 Porsche 356 A 1500 GS Carrera Coupe that had been hidden from public view since 1972 delivered a strong result of $506,000.

“We are proud of our strong, curated lineup of collector cars that delivered the highest sale total of the week, produced the most valuable car sold, and exemplified our desire to bring the best cars to market for our clients,” notes David Gooding, President of Gooding & Company. “These results prove that our Amelia Island sale is a premier auction venue for offering significant Porsches, as well as highly originally and significant cars with rich, compelling stories.”

Top Ten Sales

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Top Five World Record Prices

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Throughout this year, Gooding & Company has garnered over $85 million in total sales and achieved a combined sell-through rate of 90% from the company’s 2018 Scottsdale and Amelia Island auctions. In addition, the auction house has sold the most valuable collector car across all worldwide automotive auctions in 2018 with the sale of 1965 Ferrari 275 GTB Speciale that achieved a world-record price of $8,085,000 at the Scottsdale Auctions.

The company’s next sale, The Pebble Beach Auctions, will take place on August 24 and 25, 2018, at the Pebble Beach Equestrian Center. Last year’s impressive Pebble Beach sale delivered remarkable cars, with a total of 110 stunning cars fetching over $91.5 million in overall sales, an astonishing 22 lots sold at or above the $1 million mark, and 20 world auction records established across numerous marques. At last year’s event, the 1970 Porsche 917K became the most valuable Porsche ever sold at auction with a realized price of $14,080,000. The price broke the previous most valuable Porsche record, which was set by Gooding & Company with the sale of the 1982 Porsche 956 (sold for $10,120,000 in 2015). As the official auction house of the Pebble Beach Concours d’Elegance®, Gooding & Company is renowned for showcasing the finest classic, sports and racing cars on the world’s stage.


The Pebble Beach Auctions
Dates
Friday, August 24 at 6:00 PM PDT and Saturday, August 25 at 11:00 AM PDT
Location
Pebble Beach Equestrian Center
Corner of Stevenson Drive and Portola Road, Pebble Beach, CA
Public preview
Wednesday, August 22 through Saturday, August 25
Auction catalogues
$100, includes admission for two to the viewing and the auction
General admission
$40, includes admission for one to the viewing and the auction
Live auction broadcast
www.goodingco.com



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