Category archives: News

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

Salon Prive returns to Blenheim Palace in 2016

 Jaguar XK120 'Jabbeke' set speed record in 1953 and won Salon Prive in 2015 | Salon Prive photos
Jaguar XK120 ‘Jabbeke’ set speed record in 1953, won Salon Prive in 2015 | Salon Prive photos

Salon Prive, is England’s only professionally judged classic car event, will return to Blenheim Palace for its 11th anniversay event September 1-3, it was announced Thursday. Continue reading

Cars of the ’30s featured at Bonhams’ Mercedes museum sale

Saoutchik-bodied 1935 500 K cabriolet goes to auction | Bonhams photos
Saoutchik-bodied 1935 500 K cabriolet goes to auction | Bonhams photos

Elegant cars of the 1930s highlight the third annual Bonhams Mercedes-Benz sale to be held March 19 at the automaker’s museum in Germany, little more than a week after its sale today at Amelia Island. Continue reading

1969 U.S Grand Prix pace car offered at Vicari’s Tampa sale

779243_22838461_1969_Chevrolet_Camaro
1969 Chevrolet Camaro | Vicari Auctions Photos

Eighteen Formula 1 drivers set out October 5, 1969, to do 108 laps around the 2.3-mile Watkins Glen road course in upstate New York. The driver to complete all 248.4 miles in the shortest time would win a $206,000 purse, a record-setting payout at the time, as well as the only North American Grand Prix contest at that time.

Continue reading