21/08/2008 Gooding & Company ‘The Pebble Beach Auction’ 16-17 August 2008 – Review
1937 Bugatti Type 57SC Atalante Coupe - Sold for $7,920,000
Unsurprisingly, Gooding & Co. led the way home at this year’s Monterey auctions. With cars like the 1937 Bugatti Type 57SC Atalante Coupé selling for $7,920,000, the company’s sale grossed over $64 million.
The elegant two-tone Atalante was just one of 12 cars from the Williamson Bugatti collection consigned to Gooding. All were sold at No Reserve, with the proceeds going to charity. The other (non-Williamson) Molsheim car, a 1931 Bugatti Type 51 Grand Prix, did not sell.
Following the new car’s launch at the Pebble Beach Concours d’Elegance, Gooding & Co. also auctioned chassis 001 of the 2009 Bugatti Veyron 16.4 Grand Sport - benefiting the Pebble Beach Company Foundation $3.19 million.
1938 Alfa Romeo 6C 2300 B Mille Miglia - Sold for $2,585,000
Gooding had placed the 1950 Ferrari 166 MM Berlinetta Le Mans on display in the lobby of the large marquee. A car with minor period competition history, and once owned by the publisher of Road & Track magazine, it sold on the Saturday for $2,200,000. Other Ferraris of note included an average looking 1959 250 GT LWB California Spider for $3,630,000, an alloy-bodied, long-nose 1965 275 GTB at $1,375,000 and the rather red 1969 Ferrari 365 GTS that achieved an impressive $1,265,000.
1963 Ferrari 250 GT Lusso - Sold for $627,000
1960 Lancia Appia GTE Zagato - Sold for $104,500
The sale featured several superbly restored American racers. A jaw-dropping $1,485,000 was paid for the ex-Gulf Oil, Dr Dick Thompson 1962 Chevrolet Corvette, although one of your author’s favourites, a 1965 Shelby Mustang GT350 R, failed to sell.
The quality of the workmanship on these cars had to be seen to be believed, and for $192,500 someone bought another terrific example, the 1969 Chevrolet Camaro that was highly placed at the Sebring and Daytona World Championship rounds, as well as various Trans Am races.
1971 Ferrari 365 GTS/4 Daytona Spider - Sold for $1,023,000
1962 Gulf Oil Chevrolet Corvette - Sold for $1,485,000
European collectors will be interested in the prices achieved Stateside for classic 'Continental' cars. A 1964 Austin-Healey 3000 Mk III sold for $101,200, and a 1952 Jaguar XK 120 Fixed-Head Coupé for $126, 500, while a 1965 Porsche 356 C Cabriolet achieved $143,000. Very popular in the USA, a 1958 Porsche 356 A Speedster garnered $258,500.
Of the other entries, the 1966 Ford GT40 Mk I was a road car of no special merit and remained unsold, while $2,585,000 bought someone a potential Pebble Beach concours winner: the gorgeous 1938 Alfa Romeo 6C 2300 B Mille Miglia.
Please CLICK HERE to see the full results for the Gooding & Company 'The Pebble Beach Auction'.
We have also put together a complete overview of the 2008 Bonhams & Butterfields/RM/Gooding Monterey sales by marque and model. This can
be viewed here on Classic Driver.
Text: Steve Wakefield
Photos: Gooding & Company / Classic Driver