Gooding hits 97 percent sales rate for Geared Online auction

Credit: Original article published by Classic Cars Journal.

Gooding & Company scored a 97 percent sell through for its Geared Online auction held May 2-7, reaching $16.2 million from 84 of the 87 lots sold, with five cars selling above $1 million.  The auction also sold 100 percent of its automobilia lots.

Leading the Gooding sale was an alloy-bodied 1967 Ferrari 275 GTB/4 coupe that achieved a price of $3,586,000 (all results include auction fees).  Following that was another Ferrari, this one an unusual garage find: a 1955 250 Europa GT in as-found condition that sold for $2,222,000. 

A 1957 BMW 507 Series II sold for a strong $2.2 million, and a 1961 Mercedes-Benz 300 SL roadster hit $1,232,000.

A child-size Jaguar D-Type topped automobilia sales

Other notable Gooding sales include a 1968 Meyers Manx dune buggy, which reached $59,400, and a 1966 Jaguar E-Type coupe that went for a stout $235,000.

Among the selection of automobilia items, a Jaguar D-Type child’s car rang the bell at $25,625.

Gooding’s five top-selling cars, which each went for more than $1 million, were:

1. 1967 Ferrari 275 GTB/4 alloy, sold for $3,586,000

2. 1955 Ferrari 250 Europa GT, sold for $2,222,000

3. 1957 BMW 507 Series II, sold for $2.2 million

4. 1961 Mercedes-Benz 300 SL roadster, sold for $1,232,000

5.  2015 Porsche 918 Spyder, sold for $1,144,000

(All results include auction fees)

Gooding’s next Geared Online sale takes place Junee 11 through June 18.  The 17th annual Pebble Beach auction, a live onsite event, will be held by Gooding on August 13 and 14 in Pebble Beach, California.

For more information, visit Gooding’s website.

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