Gooding & Company at Pebble Beach, 14 - 15 August 2010 - Review

1959 Ferrari 250 GT LWB California Spider Competizione sold for $7,260,000

The average price per car sold - $609,000 – will give you an idea of the impressive performance by David Gooding’s company at this year’s Monterey week sales. Top seller, and one of the three highest-selling cars (all by Gooding) at the 2010 Pebble Beach auctions was the simply gorgeous, silver 1959 Ferrari 250 GT LWB California Spider Competizione, achieving $7,260,000.

Next up came the 1933 Alfa Romeo 8C 2300 Monza at $6,710,000, closely followed by your author’s favourite car of the weekend, the Ferrari Classiche restored and certified 1961 Ferrari 250 GT SWB Berlinetta SEFAC ‘Hot Rod’, selling at the lower end of the estimate, for $6,105,000. The company’s top ten selling cars all comfortably broke the $1.5m mark.

The white 1950 Ferrari 166 Inter Barchetta ($753,500) looked a nice ‘events’ car in the well-appointed Gooding marquee, while another Ferrari, the ‘restoration project’ 1959 Ferrari 250 GT Coupé, stunned experts with its hammer-plus-premium price of $187,000. Factor in a $200k restoration and you’d be nigh-on $400k down on an elegant, but relatively ‘mainstream’ Ferrari.

1950 Ferrari 166 Inter Barchetta - Sold for $753,500

1961 Ferrari 250 GT SWB Berlinetta SEFAC 'Hot Rod' - Sold for $6,105,000

1961 Mercedes-Benz 300 SL Roadster - Sold for $632,500

1968 Alfa Romeo GT Junior - Sold for $71,500

We’ve mentioned the great Maranello marque frequently in our opening paragraphs with good reason – it is the benchmark at Monterey and always dominates the headlines. Moving away from Italy, however, and another high-achiever was the 1928 Mercedes-Benz S 26-180 Boattail Speedster, a powerfully sporting two-seater selling for $3,740,000.

The Shelby name is well revered and, of the three American cars in the catalogue, two sold (the 1965 GT350 for $181,500 and the 1967 GT500 Fastback for $118,250), while the 1967 Shelby 427 failed to reach its reserve.

David Gooding sells Lot 27, the 1957 Ferrari 250 GT 'Low-Roof' Boano Berlinetta for $605,000

Of the other cars in the catalogue, a 1955 Lancia Aurelia B24S Spider America sold mid-estimate for $506,000, neither of the Ferrari 275 GTBs found new homes, the 1960 Aston Martin DB4 GT went for a market-reasonable $1,155,000 and the stylish 1954 Fiat 8V for $682,000, well over its $425,000 – 550,000 estimate.

And how about this? A world record (at auction, we believe) was achieved by the 1937 Jaguar SS100 3.5 Litre, selling for $1,045,000. Wow.

The final lot, auctioned late on Sunday night, was the silver 1995 McLaren F1, eventually moving on for $3,575,000. It was the last car sold in another week of Pebble Beach sales and contributed towards Gooding’s 2010 event grossing $64.59 million.

1928 Mercedes-Benz S 26-180 Boattail Speedster - Sold for $3,740,000

Speaking at the close of the sale, David Gooding, President and founder of Gooding & Company, said: “We went into this year’s Pebble Beach auctions with high expectations because of the sheer number of extraordinary cars we had consigned.

“In addition to a packed auction tent brimming with new guests and enthusiasts from around the world, our highest-ever Pebble Beach weekend results at $64.59 million speak for themselves and I couldn’t be happier.”

Please CLICK HERE to see the full results for the Gooding & Company at Pebble Beach 14 - 15 August 2010 sale.

Text: Steve Wakefield
Photos: Classic Driver

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