June 4, 2023

Linkage Mag

Geared for the Automotive Life

Gooding Totals $8.9m at Mark Smith Estate Auction

The Mark Smith Estate auction, presented by Gooding & Company this past weekend, sold 100% of the lots on offer for a combined total of $8,857,040. The event took place at Midland Motors in downtown Lynchburg, a former Chrysler dealership turned into a showcase and museum. In total, the company offered 86 lots from the collection, and all were presented without reserve.

The star of the show was the 1932 Chrysler CG Imperial Custom Roadster, which is both preserved and modified with a host of period custom touches. It sold for $1,600,000, which is a new high water mark for a classic-era Chrysler.

The 1932 Chrysler CG Imperial Custom Roadster. Photo copyright and courtesy of Gooding & Company. Image by Mike Maez

The second highest sale of the collection was a 1934 Mercedes-Benz 500K Offener Tourenwagen, which sold at $857,500. It’s one of five examples known to survive.

Also notable was the 1935 Brewster Coupe Roadster, which quadrupled its pre-sale estimate and sold for $577,000 via a number of phone bidders. As with the Chrysler, this was a new high-water mark for the make.

Additionally, a 1907 White Model G “Roi des Belges” Touring set a new record for a White steam-powered car at auction when it sold for $324,000.

“To me, Mark Smith’s Estate represents a lifetime of commitment to collecting and maintaining unrestored prewar automotive treasures. Mark was a guiding and brilliant force within the car community, through his unfettered spirit on tours and his infectious passion for primarily original Classic Era automobiles,” said Gooding & Company President and Founder, David Gooding. “On Friday’s Estate of Mark Smith Auction, our team hoped to reward his dedication and the stellar cars offered, and the results speak for themselves. We are extremely honored and proud to have offered a hand in commemorating Mark’s legacy.”

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