Gooding & Company’s year-end numbers are in — and despite some market challenges in calendar year 2024, the auction company saw 5% growth across its live and online auctions.
In total, the company’s events brought in $205m in sales from Amelia Island, Pebble Beach and London — as well as online, and from the Mullin Collection in California.
“In over two decades of operation under the Gooding brand, 2024 proved to be one of our most memorable, successful, and defining years across all of our services, including live and online auctions, estate sales, and private treaty. Our auction business displayed tremendous strength and resilience, and outperformed the previous year’s sales totals in the midst of a challenging downmarket. Our team excelled in facilitating the consignment, promotion, and sale of some of the most significant cars transacted publicly and privately this year,” said Gooding Christie’s President, David Gooding. “We are especially proud of the diversity and range of this year’s offerings, including numerous significant world records, as well as the most valuable car sold at auction in the UK, and we look forward to only greater growth and success as Gooding Christie’s in the coming year.”
Gooding’s top auction lot of the year was the 1938 Alfa Romeo 8C 2900B Lungo Spider, which sold for $14,030,000 at the company’s 20th annual Pebble Beach event.
The second most valuable lot sold in 2024 was the 1903 Mercedes-Simplex 60 HP ‘Roi des Belges,’ which sold for $12,105,000 — a new world record for all antique and pre-1930s cars at auction. This car was presented from 121 years of single family ownership — an unrepeatable stretch of provenance — and won the inaugural Rétromobile Preservation Award at the 2024 Salon Rétromobile in Paris.
Photo: Gooding & Company, LLC. Image by Hanna Yamamoto
Among the top 10 lots were six lots over $5 million, ranging from 1903 to 1995 and consisting of Alfa Romeo, Bugatti, Ferrari, Duesenberg, Porsche, and Mercedes. The most significant private sale of the year was Gooding’s transaction of the historic Ferrari 250 Testa Rossa, chassis 0704 TR, among the most valuable cars sold by any party in 2024.
At the close of the year, luxury and art world auction house Christie’s bought Gooding & Company. Gooding Christie’s will host its first auction of 2025 at Amelia Island on Thursday, March 6 and Friday, March 7, and will display three motor cars at Salon Rétromobile in Paris in February.
Photo: Gooding & Company, LLC. Image by Brian Henniker
Top Ten Lots Sold at Auction in 2024:
1938 Alfa Romeo 8C 2900B Lungo Spider, sold for $14,030,000
1903 Mercedes-Simplex 60 HP ‘Roi des Belges,’ sold for $12,105,000
1938 Bugatti Type 57C Aravis ‘Special Cabriolet’, sold for $6,605,000
1955 Ferrari 857 Sport Spider, sold for $5,350,000
1958 Ferrari 250 GT Tour de France Berlinetta, sold for $5,200,000
1995 Ferrari 333 SP Evoluzione, sold for $5,120,000
1976 Porsche 935, sold for $4,295,000
1954 Ferrari 500 Mondial Series I Spider, sold for $3,995,000
1933 Bugatti Type 43A Roadster ‘Sport Luxe,’ sold for £2,981,250
1934 Duesenberg Model J Disappearing-Top Convertible Coupe, sold for $3,745,000
Notable World Auction Records in 2024 (model specific):
1903 Mercedes-Simplex 60 HP ‘Roi des Belges’, sold for $12,105,000 (a world record for all pre-1930 cars, world record for all antique cars)
1938 Bugatti Type 57C Aravis ‘Special Cabriolet,’ sold for $6,605,000 (a world record for the model)
1995 Ferrari 333 SP Evoluzione, sold for $5,120,000 (a world record for the model)
1933 Bugatti Type 43A Roadster ‘Sport Luxe,’ sold for £2,981,250 (a world record for the model)
1972 Ferrari 365 GTB/4 Daytona Spider, sold for $3,635,000 (a world record for the model)
1961 Porsche RS61, sold for $3,100,000 (a world record for the model)
1910 Stearns 30/60 Five-Passenger Touring, sold for $1,600,000 (a world record for the marque)
1930 Bugatti Type 46 Semi-Profilée Coupe, sold for $1,105,000 (a world record for the model)
2001 Ferrari 550 GTZ Barchetta, sold for $841,000 (a world record for the model)
1990 RUF BTR III, sold for $830,000 (a world record for the model)
Amelia Island Auctions, February 29 – March 1
- $67,342,270 in total sales
- 87% sell-through rate
- 111 of 127 lots sold
- 14 lots sold for over $1 million
- 4 major auction records
Selections from the Mullin Collection Auction, April 26
- $19,016,295 in total sales
- 100% sell-through rate
- 114 of 114 lots sold
- 2 major Bugatti auction records
Pebble Beach Auctions, August 16-17
- $108,989,200 in total sales
- 82% sell-through rate
- 151 of 185 lots sold
- 25 lots sold for over $1 million
- $721,783 average price per lot
London Auction, August 30
- £7,507,125 in total sales
- Most valuable car sold at auction in the UK in 2024
- New record achieved for a Bugatti Type 43
Learn more about Gooding Christie’s Upcoming 2025 events here.
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