Auction Recap: Gooding & Company’s 2015 Scottsdale Sale

Gooding & Company’s 2015 Scottsdale auction, held Jan. 16-17, improved on last year’s outing with $51.5 million in sales, including buyer’s premium, from the sale of 114 of 126 lots. This dollar amount was 4% above 2014, with slightly fewer lots sold and a slightly lower sell-through rate.

High sale for the two-day auction was a beautiful 1959 Ferrari 250 GT LWB California Spyder. The car, originally built with open headlights which later became covered, was a long-time institution in Jack Castor’s distinguished collection, and sold for $7.7 million.

Despite some surprising missed sales, strong results weren’t difficult to locate. For example, a 1964 Pontiac LeMans GTO convertible sold for $330,000, and a 1979 Volkswagen Beetle convertible rallied to a $66,000 final price. Most surprisingly, however, was a 1960 Fiat 600 Jolly that defied all odds to land at $170,500 – more than a Series I E-type convertible, 1973 Porsche 911S and 1991 Ferrari Testarossa (among a laundry list of others) that sold for at the same sale.

Overall Top 10 Sales:

1. 1959 Ferrari 250 GT LWB California Spyder Sold For $7,700,000
2. 1962 Ferrari 400 Superamerica Series I Aerodinamico Coupe Sold For $4,070,000
3. 1968 Ferrari 330 GTS Spyder Sold For $2,420,000
4. 1966 Porsche 906 Carrera 6 Coupe Sold For $1,980,000
5. 1963 Ferrari 250 GT Lusso Coupe Sold For $1,925,000
6. 1959 BMW 507 Roadster Sold For $1,815,000
7. 1988 Porsche 959 Sport Coupe Sold For $1,705,000
8. 1965 Ferrari 275 GTS Spyder Sold For $1,595,000
9. 1960 Mercedes-Benz 300SL Roadster Sold For $1,567,500
10. 1964 Shelby Cobra 289 R&P Roadster Sold For $1,155,000
    1970 Lamborghini Miura P400 S Coupe Sold For $1,155,000

Gooding’s next auction is slated for March 13, 2015, in Amelia Island, Fla. Top lots include a 1967 Ferrari 275 GTB/4, 1974 Porsche 911 3.0 RSR and 1961 Ferrari 250 GT Series II Cabriolet.