Category archives: News

North Carolina art museum joins the ‘Gross’ car parade

1936 Peugeot 402 Darl’mat | Michael Furman photo courtesy North Carolina Museum of Art
1936 Peugeot 402 Darl’mat | Michael Furman photo courtesy North Carolina Museum of Art

We’ve already shared news of classic cars-as-art exhibitions at two major American art museums. Now comes word that former Petersen Automotive Museum director Ken Gross also is curating Rolling Sculpture: Art Deco Cars from the 1930s and ‘40s to run October 1 through January 15, 2017, at the North Carolina Museum of Art in Raleigh.

Continue reading

RM Sotheby’s adds $38.8 million to Amelia Island auction total

1932 Packard Twin-Six sells for $1.21 million at RM Sotheby's | Andy Reid photos
1932 Packard Twin-Six sells for $1.21 million at RM Sotheby’s | Andy Reid photos

Saturday it was RM Sotheby’s turn in the Amelia Island auction spotlight and the company posted $38.8 million in sales at an 88 percent sell-through rate, according to observation by Hagerty, the classic car insurance and value-tracking company that monitors auctions at major American venues. Continue reading

Prince Philip’s 1954 Lagonda headed for H&H auction block

1954 Labonda 3-liter convertible originally owned by the Duke of Edinburgh | H&HClassics photos
1954 Labonda 3-liter convertible originally owned by the Duke of Edinburgh | H&HClassics photos

The car that won Aston Martin Lagonda Ltd its first royal warrant — the 1954 Lagonda 3-liter drophead coupe built to the special order of Prince Philip, Duke of Edinburgh — will be offered at H&HClassics auction April 20 at IWM Duxford, Cambs in England. Continue reading

Gooding auction posts big numbers at Amelia Island

Ferrari California Spyder sells for more than $17 million at Gooding | Bob Golfen photo
Ferrari California Spyder sells for more than $17 million at Gooding | Bob Golfen photo

If you had any doubts about how the classic car market has moved in the last few years, consider this from Hagerty, the insurance and car valuation tracking company: In 2011, Gooding & Company’s Amelia Island auction sold 70 car for $17.9 million. Friday, Gooding sold at 1961 Ferrari 250 GT California SWB Spider for $17.16 million, and did another $22.2 million when its sold 17 of entertainer Jerry Seinfeld’s much anticipated 18-car consignment.

Gooding’s overall sales total for the day, according to Hagerty’s preliminary figures, was $58.8 million, some $22 million more than its record 2012 sale at the same location. Continue reading

Celebrity bump lacking in sale of Jerry Seinfeld Porsches, VWs

The rare and exotic 1958 Porsche 356 A GS/GT Carrera Speedster comes up for bidding at the Gooding auction | Bob Golfen photos
The rare and exotic 1958 Porsche 356 A GS/GT Carrera Speedster comes up for bidding at the Gooding auction | Bob Golfen photos

The rumor mill was churning before the sale Friday of comedian Jerry Seinfeld’s cars at Gooding & Company on Amelia Island, Florida. The 16 spectacular Porsches and two modest Volkswagens were in stunning condition, either impeccably restored or strikingly original, so there was quite a bit of value in the room even without the Seinfeld ownership.

But how would the celebrity cachet of Seinfeld, well-known as a discerning collector of Porsches as well as a mega TV star, effect the bidding? Would it spike the values exponentially as has happened before with cars once owned by Steve McQueen, or the recent sale of Janet Joplin’s psychedelically painted Porsche 356, which went through the roof? Continue reading

Hometown heroes: Land Rovers do well at Silverstone sale

1950 Land Rover Series I station wagon | Silverstone photo by  Justin Harris
1950 Land Rover Series I station wagon | Silverstone photo by Justin Harris

Land Rovers were popular with bidders at Silverstone Auctions’ recent Practical Classics Restoration and Classic Car Show held at the NEC in Birmingham, England, where total sales exceeded £1.5million ($2.16 million). Continue reading

$9.735 million Bugatti paces Bonhams to big day at Amelia

1937 Bugatti 57SC on the block at Bonhams | Bob Golfen photos
1937 57SC becomes second most expensive Bugatti to sell at auction | Bob Golfen photos

Preliminary figures from Hagerty, the classic car insurance and valuation company, indicate that Bonhams’ auction Thursday at Amelia Island generated $27.3 million in sales with a 65 percent sell-through rate. The sales total was nearly double the figure for the same sale a year ago. The average sales price was more than double the 2015 standard.

A 1937 Bugatti Type 57SC sports tourer led the way, selling for $9.735 million, including buyer’s fees. Three other cars topped $1 million. Continue reading

Bob’s favorites at Gooding’s Amelia Island auction

Part of Jerry Seinfeld's lineup of early Porsche sports and race cars at the Gooding auction | Bob Golfen photos
Part of Jerry Seinfeld’s lineup of Porsches and Volkswagens at the Gooding auction | Bob Golfen photos

David Gooding was all smiles Thursday as he ambled through the tents of his company’s Amelia Island collector car auction, where about 80 vintage vehicles beckoned to onlookers.

The seventh annual Gooding & Company sale is dominated this year by Jerry Seinfeld’s consignment of 16 glorious Porsches and two early-’60sVolkswagens from his personal collection. Auction watchers are waiting with anticipation to see how the celebrity ownership effects the values of his cars, many of them already rare and highly desirable models in pristine condition. Continue reading

Beatles-linked Jag in the bush brings $82,400 at auction

1963 Jaguar E-type originally owned by designers of The Beatles logo | Coys photos
1963 Jaguar E-type originally owned by designers of The Beatles logo | Coys photos

The 1963 Jaguar E-type found under a hedge in Bisley, Surrey, England brought £58,000 ($82,400) at Coys’ Spring Classics auction in London.

“The derelict E-type attracted attention from all four corners of the world and bidders in a packed auction room and via telephone fought fiercely for it on Tuesday night,” Chris Routledge, Coys chief executive, said in a news release. Continue reading