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MONTEREY AUTO WEEK

GOODING'S AUCTIONS 

August 16-17, 2019

Of the six auctions that take place during Monterey Auto Week,  only one auction house can call themselves the official auction of the Pebble Beach Concours, Gooding's Auctions. In 2019, Goodings enjoyed a 77% sell rate on the way to realizing over 76.9 million dollars in sales. With an average price of $711,340 per car, a total of 17 lots sold at or above the $1 million mark and five auction records were established across numerous marques. Among some of the highlights of this year's auction was the 1975 Ferrari 312T, once driven by the legendary Niki Lauda, that achieved $6,000,000. The first 312T ever to be sold at auction was greeted with a standing ovation from the auction tent. The marque also turned heads when the 1958 Ferrari 250 GT LWB California Spider reached a final price of $9,905,000 to become the biggest sale of the weekend for Gooding & Company.


A 1913 Isotta Fraschini Tipo IM sold for a world-record price of $2,645,000, the 1930 Duesenberg Model J Sport Berline generated $2,040,000 and the 1991 Porsche 911 by Singer realized $857,500. The Saturday’s auction saw a new world record set for the 1931 Studebaker Special Indy Car. A three-time Indy 500 entrant and winner of the 1931 Pikes Peak Hill Climb, the Special Indy Car hammered at $1,105,000. Other highlights included the 1958 Ferrari 250 GT LWB Berlinetta ‘Tour de France’ which brought in $5,100,000 and the 1939 Alfa Romeo Tipo 256 Coupe which delivered a lengthy bidding war until it ultimately sold for $2,755,000. 

Gooding's Top 10 sales: 

1. 1958 Ferrari 250 California LWB Spider $9,905,000
2. 1958 Ferrari 250 GT Cabriolet SI sold for $6,800,000
3. 1975 Ferrari 312T Formula 1 Race Car $6,000,000
4. 1958 Ferrari 250 GT TdF Coupe $5,100,000
5. 1939 Alfa Romeo Tipo 256 Coupe $2,755,000
6. 1913 Isotta Fraschini Tipo IM Roadster $2,645,000
7. 1930 Duesenberg Model J Murphy $2,040,000
8. 1967 Ferrari 330 GTS Spider $1,765,000
9. 1993 Porsche 911 Carrera RS 3.8 Coupe $1,710,000
10. 1952 Ferrari 212 Inter Coupe $1,600,000