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Gooding & Company Realizes Over $106M & Sets 16 New Records at Pebble Beach Concours d'Elegance Auction

Gooding & Company Pebble Beach Concours d'Elegance Auction

Photos Courtesy of Gooding & Company Inc.

Gooding & Company saw some pretty big profits last weekend at their two-day Pebble Beach luxury auto auction where they realized over $106 million. The official auction house of the Pebble Beach Concours d'Elegance apparently sold 107 of their 121 lots, with the average price per car being $990,699 (they even sold 30 cars for over one million), and an overall 88 percent sale rate. To make the auction even more impressive, 16 new records were set for Ferrari, Aston Martin, and Porsche.

"In addition to the many record setting prices, our auctions have become renowned as a destination. The tent was packed with enthusiasts buying and selling the best examples while luminaries including Jay Leno and Sir Stirling Moss added to the excitement," says David Gooding, President of Gooding & Company. 

1961 Ferrari 250 GT SWB California Spider

The top selling lot was a 1961 Ferrari 250 GT SWB California Spider (the one with the coveted covered-headlight), making it the first time a car of this type was up for sale in the past 14 years. After a serious bidding war, the luxury car ended up selling for $15.1 million—a new world record for this car.

The 250 GT SWB California Spider wasn't the only Ferrari to do well though, since the auction also included a "1959 Ferrari 250 GT Series I Cabriolet (sold for: $5,610,000), a 1965 Ferrari 275 GTB Long Nose Alloy (sold for: $4,620,000), a 2001 Ferrari 333 SP (sold for: $2,365,000), a 1964 Ferrari 250 GT Lusso (sold for: $2,365,000), a 1956 Ferrari 250 Europa GT (sold for: $2,310,000), a 1964 Ferrari 250 GT Lusso (sold for $2,200,000) and a 1960 Ferrari 250 GT Series II Cabriolet (sold for: $2,090,000)."

1956 Maserati 250F, 1957 Buick Caballero Estate Wagon
1956 Maserati 250F; 1957 Buick Caballero Estate Wagon

Maserati was another marquee to come out on top with the $4.6 million sale of a 1956 Maserati 250F, which was presented by Sir Stirling Moss who drove the winning auto in the 1956 Italian Grand Prix. Jay Leno helped out the $280,000 sale of a 1957 Buick Caballero Estate Wagon and a $825,000 2014 BMW i8.

If you want to check out the next Gooding & Company auction, they will be in Scottsdale on January 16-17, 2015 and at the Amelia Island Auction on March 13, 2015.

Check out the full list of the lots that sold at the Pebble Beach Concours d'Elegance for over one million below:

1955 Aston Martin DB3S; 1927 Bugatti Type 35 Grand Prix
1955 Aston Martin DB3S; 1927 Bugatti Type 35 Grand Prix

Lot 18, 1961 Ferrari 250 GT SWB California Spider, sold for $15,180,000
Lot 133, 1959 Ferrari 250 GT Series I Cabriolet, sold for $5,610,000
Lot 32, 1955 Aston Martin DB3S, sold for $5,500,000
Lot 113, 1965 Ferrari 275 GTB Long Nose Alloy, sold for $4,620,000
Lot 115, 1956 Maserati 250F, sold for $4,620,000
Lot 144, 1939 Alfa Romeo Tipo 256 Cabriolet Sportivo, sold for $4,000,000
Lot 139, 1967 Ford GT40 Mk 1, sold for $3,520,000
Lot 131, 1927 Bugatti Type 35 Grand Prix, sold for $2,970,000
Lot 58, 2001 Ferrari 333 SP, sold for $2,365,000
Lot 60, 1964 Ferrari 250 GT Lusso, sold for $2,365,000
Lot 26, 1956 Ferrari 250 Europa GT, sold for $2,310,000
Lot 141, 1964 Ferrari 250 GT Lusso, sold for $2,200,000
Lot 62, 1960 Ferrari 250 GT Series II Cabriolet, sold for $ 2,090,000
Lot 49, 1948 Tucker 48, sold for $2,035,000
Lot 38, 1958 BMW 507, sold for $1,925,000
Lot 11, 1974 Lamborghini Countach LP400 Periscopo, sold for $1,870,000
Lot 13, 1957 Mercedes-Benz 300 SL Roadster, sold for $1,705,000
Lot 147, 1963 Mercedes-Benz 300 SL Roadster, sold for $1,512,500
Lot 35, Porsche 959 KOMFORT, sold for $1,485,000
Lot 130, 1964 Aston Martin DB5, sold for $1,485,000
Lot 110, 1955 Lancia Aurelia B24S Spider America, sold for $1,347,500
Lot 24, 1990 Ferrari F40, sold for $1,320,000
Lot 138, 1936 Auburn 852 SC Boattail Speedster, sold for $1,210,000
Lot 36, 1967 Toyota 2000 GT, sold for $1,155,000
Lot 148, 1967 Brabham-Repco BT24, sold for $1,050,000
Lot 152, 1992 AAR/Toyota Eagle Mk III GTP, sold for $1,045,000
Lot 20, 1965 Alfa Romeo Giulia TZ, sold for $1,023,000
Lot 51, 1958 Aston Martin DB Mark III Drop Head Coupe, sold for $1,012,000
Lot 59, 1955 Alfa Romeo 1900C SS Coupe, sold for $ 1,012,000
Lot 30, Porsche 911 Carrera 3.0 RS, sold for $1,001,000

Mila Pantovich

An avid traveler, Mila Pantovich lives in the UK with her husband and cat. She has been working with JustLuxe as a writer and editor since 2012 and has been featured in several publications. Follow her travels on Instagram: @MilaPantovich ...(Read More)

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