Jerry Seinfeld bought the $1.3M Porsche Classic Club Coupe

Instagram/Broad Arrow Auctions

The one-off Porsche Classic Club Coupe we told you about earlier this month has gone to a new owner. Perhaps you’ve heard of him: Comedian Jerry Seinfeld, who has one of the country’s most impressive private Porsche collections.

Earlier this month the car sold for $1.3M at Broad Arrow’s Porsche 75th Anniversary Auction, a single-marque sale held during the celebration of the brand’s 75th anniversary at the Porsche Experience Center in Atlanta, Georgia, on June 10. It was inspired by the 2010 Porsche 911 Sport Classic, as well as the current 911 Sport Classic, and designed by Style Porsche Director of Special Projects, Grant Larson, in conjunction with the Porsche Club of America.

Broad Arrow Auction Porsche Club Coupe Jerry Seinfeld purchase
Instagram/Broad Arrow Auctions

During a meeting between members of the Porsche Club of America and Porsche Classic, a conversation arose around what a collaboration would have looked like if Porsche’s special manufacturing unit and the PCA had worked together in previous decades.

Thoughts turned to the 2010 911 Sport Classic, Porsche’s first Exclusive Manufaktur series production model. That inspiration led to a question: What would a prequel to the 2010 911 Sport Classic look like? Larson—designer of the Carrera GT Case Study, the 2012 911 Sport Classic, and the 2023 911 Sport Classic while serving as Director of Special Projects at Style Porsche—involved himself from the beginning. Larson sketched out his vision of a proto-Sport Classic from Style Porsche in Stuttgart.

Concurrently, in Maryland, PCA Executive Director Vu Nguyen searched for the right donor vehicle. Ultimately, a 1999 Porsche 911 Carrera Coupe was located in Virginia. Shortly thereafter, the 911 Coupe was flown back to Stuttgart-Zuffenhausen to begin the transformation from “just” a classic 911 to a 911 Classic Club Coupe.

Revealed in 2022 at PCA’s Werks Reunion gathering on Amelia Island, this 911 Classic Club Coupe toured the country that year, visiting PCA events such as the Porsche Parade in the Poconos, Porsche Sports Car Together Fest at Indianapolis Motor Speedway, Werks Reunion Monterey, and ünStock.

In early 2023, the 911 Classic Club Coupe returned to Amelia Island, closing the circle of its North American tour, featured at Broad Arrow Group’s inaugural The Amelia Auction. The Classic Club Coupe has less than 300 miles on the odometer.

The 911 Classic Club Coupe, which was offered at no reserve, was only available for purchase by PCA members, which Seinfeld has been for more than 30 years.

“One of the things that makes Jerry such a star collector is that he often has unique vehicles, which helps explain why he apparently got this unique 996,” said John Wiley, manager of valuation analytics at Hagerty. “However, it also means determining just how much his name on the title adds in value is hard, but based on sales from his partial collection sale at Gooding’s Amelia auction in 2016, his name adds an average of 47 percent for a Porsche.

“Given that a 1999 Porsche 911 Carrera 2 coupe currently has a condition 1 value of $63,000, and the 996 GT3 condition 1 value is $191,000, Seinfeld clearly spent way more than what his typical premium brings, but at what price comes uniqueness?”

Disclosure: Hagerty announced its acquisition of Broad Arrow Group in August 2022.

 

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Comments

    Why of course he did. He is to Porsche what Rick Hendrick is to the Corvette. They are both the top collectors and can fund the hobby to where they can collect these cars..

    I just wish I could get an invite to see either collection.

    It might have been nice to see a raffle for the car to give some enthusiast without the means a chance to get an amazing car.

    I saw it as an opportunity to out-Singer Singer, and show that Porsche themselves can retro their own cars. I don’t see them, especially as car sellers, caring to make their products available to folks without means.

    If you think no car is worth a million or more, the $140,000,000 price of the Uhlenhaut 300 SLR Mercedes must really cook your grits.

    I believe history will show that that car was well bought. Had I are the funds I would’ve definitely bid more than that.

    The 1999 through 2004 996 is the absolute “low point” of the 911 model line since inception in 1965. Porsche took their entry-level Boxster and slapped it’s panels to the 911 then added the Boster interior. All of a sudden people like Vu Nguyen of PCA and other so-called Porsche aficionado’s out there start praising it’s greatness…………sorry people, it’s ugly. Maybe because of the current inflated prices of 911’s, a 996 looks like a deal and gets you entry into the “club”. Nothing worse than hearing people new to Porsche or the older Porsche people that praise absolutely everything Porsche does and sell. I live and breathe Porsche since the 70’s but let me tell you they have #$%& ed up along the way many times.

    Remember something, there is nothing about a “base” Carrera, Carrera S, Carrera 4S, Cabriolet since Porsche went to water-cooled. Every 911 generation since 1999 was/is MASS PRODUCED compared to all of the previous 911 air-cooled production numbers.

    Sorry Jerry……….$1.3 million for this? If you bring this to Rennsport this year I will surely walk past it without a glance regardless where it’s placed.

    Not mention to the IMS bearing, that is a heart attack waiting to happen. Thought the interior was very cheap looking, had the 40th anniversary 2004 911 with the same interior (cockpit) very austere and plain. Now my 2019 911 T now that is the car to have.

    Always funny to read the vitriol espoused by those who are jealous and/or upset about their own life decisions. If you can’t afford the collector market go the MT Roadkill route. Premium German and Italian marques will always be beyond the reach of the average collector.

    As long as you are enjoying the hobby, what does it matter how someone else spends their earned money?

    Why should anyone care what Jerry Seinfeld buys or otherwise spends his money on? I’ve been driving the same two owner used Porsche every year now for 56 years, which really is nobody’s business but mine or possibly the third owner’s. I probably get as much enjoyment in my 60 year old used Porsche as Jerry gets in his entire collection. It really is a personal matter. I don’t think that Jerry’s collection is out of arrogance or aloofness. He loves Porsche’s as I do also. Whether the value is there or not is totally irrelevant.

    So we all make money to use as a tool to purchase things. I was a blue collar tradesman so my money could buy up to a certain amount of value. Jerry Seinfeld is worth close to a billion dollars so he can purchased more extravagant things. We are alive for a finite amount of time. I can only hope that rich people will eventually give away most of their money to charitable causes.

    The big boys and their toys are the issue. Whether its getting Chip Foose to build you a Riddler car or Motion Products to restore your vintage Ferrari- the $$$ have always been big. From my own perspective it seems that there is so much money floating around its getting harder and harder for ordinary people to afford cool cars. What I do appreciate is those guys with cool cars that bring them out and share with us- nice to see a 1938 Alfa 8C or a 1967 BB Vette. Guess the one option is to go for the less desirable models- four doors are still a bargain as are some of the less well known brands. 80s and 90s cars are moving up- so maybe a good time to buy some of those before they get outta sight. Being a hater never gets anyone anywhere- I say enjoy the fact that there are guys out there who can afford this eye-candy and will bring it to the shows for the rest of us to enjoy.

    Yawn. A restomod Porsche sells for stupid money to a guy who can put that purchase on his Titanium AMEX. I only wish the money went to a charity (like all of Rick Hendricks Corvette buys). Sorry Hagerty, this bit of self promotion is not newsworthy. At least Jerry knows the provenance on this chassis. (This is an assumption, based on which used car lot sold the donor car).

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