Gooding announces 1st auction outside US with private-collection sale in London

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Gooding
A 1958 Ferrari 250 GT LWB California was Gooding's highest-selling car during 2019 | Gooding

Gooding & Company will take its high-end collector car auction overseas for the first time in 2020 with the special sale of a private collection in London on April 1. 

Dubbed the Passion of a Lifetime auction, the sale will take place at historic Somerset House and will present “selections from one of the world’s most revered private collections,” according to a Gooding news release.

 “These stunning motorcars are the culmination of decades of research, dedication and a meticulous commitment to bring together the most coveted and valuable examples of European sports and racing automobiles of the 20th century,” the news release says.

Gooding
Somerset House, where Gooding’s London auction will be held | Somerset House

“London’s historic and majestic Somerset House will provide a superb backdrop for the vehicles in this unique auction. This 18th century neoclassical building is one of London’s best-loved public spaces and a global platform showcasing groundbreaking contemporary culture.”

Gooding has not yet identified the private collector, nor any of the vehicles included in the auction. 

Gooding says that it is launching the 2020 auction season on a high note, finishing 2019 with total sales of $147 million and an 82 percent sales rate, with 291 lots sold during its three auctions at Scottsdale, Arizona; Amelia Island, Florida; and Pebble Beach, California, the release says. During 2019, 32 cars sold at Gooding for more than $1 million, and the company led the market with an average sale price of $505,537.

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The top-selling car for Gooding during 2019 was a 1958 Ferrari 250 GT LWB California Spider sold for $9,905,000 at Pebble Beach.

Gooding’s next auction is scheduled for January 17-18 in Scottsdale.  For more information, visit the Gooding website.

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Bob Golfen is a longtime automotive writer and editor, focusing on new vehicles, collector cars, car culture and the automotive lifestyle. He is the former automotive writer and editor for The Arizona Republic and SPEED.com, the website for the SPEED motorsports channel. He has written free-lance articles for a number of publications, including Autoweek, The New York Times and Barrett-Jackson auction catalogs. A collector car enthusiast with a wide range of knowledge about the old cars that we all love and desire, Bob enjoys tinkering with archaic machinery. His current obsession is a 1962 Porsche 356 Super coupe.

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