The Gooding and Company Pebble Beach 2016 auction was held August 20-21 at the Pebble Beach Equestrian Center in California, resulting in total sales of $129.8 million and an 83 percent sell-through rate. The total represents a two-day sales company record and an average of $1,128,606 per car.
“To break $129 million in just two days is astounding and speaks to this year’s distinguished offering. Our clients recognize that we carefully curate our auctions to showcase the highest quality,” said David Gooding, President and Founder of Gooding & Company.
“We appreciate their patronage and support, as we achieved our most successful sale to date. I look forward to seeing all of you in 2017.”
During the 2016 Pebble Beach auction weekend, Gooding and Company sold 26 cars for more than the $1 million, including four vehicles over $10 million. Numerous world records were broken for multiple marques, including the 1959 Ferrari 250 GT LWB California Spider Competizione that sold for $18,150,000, the 1933 Alfa Romeo 8C 2300 Monza that sold for $11,990,000, the 1932 Bugatti Type 55 Roadster that sold for $10,400,000 — the highest price ever achieved for a Bugatti sold at auction, the 1979 Porsche 935 that sold for $4,840,000, the 1957 Maserati A6G/54 that sold for $3,300,000 and the 1930 Packard 734 Speedster Runabout that sold for $2,090,000.
Gooding and Company Pebble Beach 2016 – Top 20 Auction Results
1. 1959 Ferrari 250 GT LWB California Spider Competizione – $18,150,000
2. 1960 Ferrari 250 GT SWB Berlinetta Competizione – $13,500,000
3. 1933 Alfa Romeo 8C 2300 Monza – $11,990,000
4. 1932 Bugatti Type 55 Roadster – $10,400,000
5. 1950 Ferrari 166 MM Berlinetta – $5,445,000
6. 1979 Porsche 935 – $4,840,000
7. 1957 Maserati A6G/54 Spider – $3,300,000
8. 1967 Ferrari 275 GTB/4 – $3,245,000
9. 1954 Aston Martin DB2/4 Spider – $3,080,000
10. 1968 Ferrari 330 GTS – $2,502,500
11. 1985 Ferrari 288 GTO – $2,420,000
12. 1971 Lamborghini Miura P400 SV – $2,255,000
13. 1930 Packard 734 Speedster Runabout – $2,090,000
14. 1955 Lancia Aurelia B24S Spider America – $2,007,500
15. 1932 Rolls-Royce Phantom II Continental Berline – $1,760,000
16. 1961 Maserati 5000 GT Coupe ‘Indianapolis’ – $1,677,500
17. 1971 Maserati Ghibli 4.9 SS Spider – $1,500,000
17. 1960 Ferrari 250 GT Series II Cabriolet – $1,500,000
19. 1956 Ferrari 250 GT Alloy Coupe – $1,485,000
20. 1955 Mercedes-Benz 300 SL Gullwing – $1,430,000
For complete auction results, visit Goodingco.com.
The next Gooding & Company auctions will take place on January 20-21, 2017 in Scottsdale and the Amelia Island Auction on March 10, 2017.
[Source: Gooding & Company; photo: Mike Maez]
