September 19, 2024

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Gooding & Company Celebrates 20th Year in Pebble Beach with $108m Sale

Image: Gooding & Company

This year marked the 20th anniversary of Gooding & Company’s annual Pebble Beach Auctions — the official auction event of the Pebble Beach Concours d’Elegance. This year’s Pebble auction, held from August 14 to August 17, offered the largest number of cars to date, and drew in a total of over $108m in sales. Overall, 151 lots were sold, representing an 82% sell-through rate. The average price was $721,783, with 25 lots bringing $1m or more.

The high sale of the event was the 1938 Alfa Romeo 8C 2900B Lungo Spider that was recently recovered after a theft. It brought $14,030,000 across the auction block.

Several vintage racing Ferraris were on hand and brought strong money, including the 1955 Ferrari 857 Sport Spider, which sold for $5,350,000, and the 1958 Ferrari 250 GT Tour de France Berlinetta, which achieved $5,200,000. 

Beyond that, a 1995 Ferrari 333 SP Evoluzione by Dallara with 24 Hours of Le Mans and IMSA WSC Championship history set an auction record price for the model at $5,120,000. The first Porsche 935, chassis 935-001, also sold for $4,295,000, and the Mille Miglia veteran 1956 Maserati A6G/54 Berlinetta brought $3,550,000.

Prewar offerings also brought in large figures, including the 1934 Duesenberg Model J Disappearing-Top Convertible Coupe at $3,745,000, and the 1938 Delahaye 135M Torpédo Roadster from the Petersen Automotive Museum Collection at $2,095,000.

The first-ever Dynamics and Lightweight Study by Singer to appear at auction sold for a market-setting $3,085,000, while a 1968 Lamborghini Miura P400 finished in Azzurro Cielo brought $2,315,000.

On Concours Sunday, the 1934 Bugatti Type 59 Sports, which set a world record at Gooding & Company’s notable Passion of a Lifetime Auction at Hampton Court Palace in 2020, was crowned Best of Show. This is the first time that a Preservation vehicle garnered that highest of honors. 

“We are incredibly proud of the unprecedented selection of cars we brought to auction for our 20th year at Pebble Beach, and this resulted in one of our most successful sales to date, surpassing last year’s performance with market-leading figures from offerings across many categories,” said Gooding & Company President and Co-Founder, David Gooding. “Many of our top lots achieved incredible figures, and we had the highest prices paid throughout car week for marques including Alfa Romeo, Aston Martin, Duesenberg, Delahaye, Packard, and Porsche Reimagined by Singer. As always, we are ever grateful to all of the people that make the magic happen, including all of our dedicated team members and loyal clientele.”

Lots Sold Over $1 Million:

Lot 29 – 1938 Alfa Romeo 8C 2900B Lungo Spider, sold for $14,030,000

Lot 150 – 1955 Ferrari 857 Sport Spider, sold for $5,350,000

Lot 40 – 1958 Ferrari 250 GT Tour de France Berlinetta, sold for $5,200,000

Lot 44 – 1995 Ferrari 333 SP Evoluzione, sold for $5,120,000

Lot 32 – 1976 Porsche 935, sold for $4,295,000

Lot 25 – 1934 Duesenberg Model J Disappearing-Top Convertible Coupe, sold for $3,745,000

Lot 132 – 1956 Maserati A6G/54 Berlinetta, sold for $3,550,000

Lot 52 – 1991 Porsche 911 Reimagined by Singer ‘Dynamics and Lightweight Study’ sold for $3,085,000

Lot 19 – 1968 Lamborghini Miura P400, sold for $2,315,000

Lot 21 – 1960 Aston Martin DB4 GT, sold for $2,095,000

Lot 34 – 1938 Delahaye 135M Torpédo Roadster, sold for $2,095,000

Lot 154 – 1970 Lamborghini Miura P400 S, sold for $2,040,000

Lot 196 – 1968 Ferrari 330 GTS, sold for $1,957,500

Lot 16 – 1967 Ferrari 330 GTS, sold for $1,655,000

Lot 112 – 2015 Porsche 918 Spyder, sold for $1,655,000

Lot 160 – 1953 Ferrari 212 Europa Coupe, sold for $1,625,000

Lot 130 – 1910 Stearns 30/60 Five-Passenger Touring, sold for $1,600,000

Lot 12 – 1955 Mercedes-Benz 300 SL Gullwing, sold for $1,545,000

Lot 38 – 1930 Packard 734 Speedster Runabout, sold for $1,545,000

Lot 167 – 1908 American Underslung 50/60 HP Roadster, sold for $1,215,000

Lot 56 – 1960 Mercedes-Benz 300 SL Roadster, sold for $1,200,000

Lot 183 – 1961 Mercedes-Benz 300 SL Roadster, sold for $1,187,500

Lot 28 – 1990 Porsche 911 Reimagined by Singer, sold for $1,160,000

Lot 144 – 1914 Sunbeam Tourist Trophy Race Car, sold for $1,105,000

Lot 136 – 1929 Duesenberg Model J Town Car, sold for $1,077,500

New World Auction Records:

Lot 44 – 1995 Ferrari 333 SP Evoluzione, sold for $5,120,000 (a world record for the model)

Lot 130 – 1910 Stearns 30/60 Five-Passenger Touring, sold for $1,600,000 (a world record for the marque)

Lot 141 – 2001 Ferrari 550 GTZ Barchetta, sold for $841,000 (a world record for the model)

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