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Gooding & Company Realized Over $106 Million at the Pebble Beach Concours d’Elegance

Gooding & Company realized more than $106 million at its Pebble Beach Auctions over the weekend. The auction house sold 107 of 121 lots, which resulted in an 88% sale rate, with an average price of $990,699 per car and an impressive 30 cars sold for over $1 million. Auction records were broken during the two-day sale, as new benchmarks in automotive excellence were set for 16 cars including a 1961 Ferrari 250 GT California Spider, a 1955 Aston Martin DB3S and a 1956 Maserati 250F, among others.

Gooding & Company Realizes Over $106M & Sets 16 New Records at Pebble Beach Concours d'Elegance Auction
The top lot of the weekend overall was the 1961 Ferrari 250 GT SWB California Spider. This Ferrari is the highly sought-after covered-headlight example. In addition to this distinction, 2903 GT is one of a limited number of SWB California Spiders factory equipped with an optional hardtop. Offered for sale for the first time in over 14 years, this stunning Ferrari sparked a round of feverous bidding that resulted in a final sale of $15,180,000, a world record for a Ferrari 250 GT SWB California Spider.
This Ferrari wasn’t the only example that reached enviable sum, but also 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).

Gooding & Company Realizes Over $106M & Sets 16 New Records at Pebble Beach Concours d'Elegance Auction
Also during the sale, Sir Stirling Moss presenting the 1956 Maserati 250F (sold for: $4,620,000), which he triumphantly drove to victory in the 1956 Italian Grand Prix, and Jay Leno’s energetic participation in the charity sales of the 1957 Buick Caballero Estate Wagon (sold for: $280,000) and the 2014 BMW i8 (sold for: $825,000).
Auctioneer Charlie Ross: ‘What a sale!…30 cars sold in excess of $1 million and several world auction records–including the magnificent California Spider which, after a round of spirited bidding topped $15 million dollars.’
Auctions of automotive excellence will continue at Gooding & Company’s Scottsdale Auctions on January 16 and 17, 2015 and the Amelia Island Auction on March 13, 2015. Highlights and star cars will be available in the weeks preceding each sale.

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

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Written by Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.

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