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Porsches set pace as Gooding’s Amelia Island posts $30.9 million in sales

Bidding reaches $3.3 million for ’68 Porsche 907 | RM photo by Eric Fairchild

Bidding reaches $3.3 million for ’68 Porsche 907 | RM photo by Eric Fairchild

Gooding & Co. Amelia Island 2014 at a glance

Total sales $30.9 million
Catalog 88 automobiles
Sell-through rate 89 percent
High sale $3.63 million
1968 Porsche 907 ‘longtail’
Next 9 price range $990,000 to $3.3 million
Next auction Aug. 16 at Pebble Beach, Calif.

Gooding & Company has posted its official results for its Amelia Island auction: $30.9 million in total sales with two Porsches each selling for more than $3 million and seven other cars — two of them also Porsches — each bringing more than $1 million.

In addition, 16 pricing records were set for Porsche, BMW and Ferrari vehicles.

“We were very proud of the outstanding results at this year’s Amelia Island Auction,” auction-house founder David Gooding said in a post-auction news release. “It was wonderful to see the room respond so well, with a strong sale total, which was up 11 percent from last year, and a number of world records.

We saw collector demand for elite BMWs progressing on the same trajectory as Ferrari, Porsche, and Mercedes-Benz.”

– David Gooding

 

“Throughout the sale, we saw collector demand for elite BMWs progressing on the same trajectory as Ferrari, Porsche, and Mercedes-Benz.”

Further, he added,  “Gooding & Company was proud to continue our successful record of offering high-profile race cars at auction such as the 1968 Porsche 907 and 1959 Porsche 718 RSK in Amelia Island.”

Among the records set were highest prices at auction for cars including a 1968 Porsche 907 “longtail” ($3.63 million), for a 1955 Ferrari 250 Europa GT ($2.53 million) and for a 1958 BMW 507 Series II ($1.815 million).  All prices include buyer fees.

The 1968 Porsche 907 Longtail that sold at Gooding’s Amelia Island sale was one of seven built for that racing season and is one of only two that survive. It was the first Porsche to win a 24-hour race overall (the Daytona 24) and raced at Le Mans four times, winning its class in 1971.

Auction records also were broken by a 1959 Porsche 718 RSK 4-cam Spyder ($3.3 million), a numbers-matching 1973 Carrera RS 2.7 ($1.4-plus million), and a 1988 959 Sport ($1.1 million).

The 1955 Ferrari 250 Europa GT had been driven less than 8,700 miles since new and had earned its way onto the fairway at Pebble Beach.

A collection of 18 1950s-through-‘80s BMWs brought more than $3.3 million at the auction.

Gooding’s next auction is August 16 at Pebble Beach.

 

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1 Comment on "Porsches set pace as Gooding’s Amelia Island posts $30.9 million in sales"

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  1. andrew says:

    Can’t understand why the owner of the 907 Porsche would waste so much money selling through auction when he could have put a price tag of $4.5 mil neg. & i’m sure Jerry Seinfeld or some other cashed up Porsche collector would’ve paid at least $4m

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