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HomeThe MarketGooding hits 97 percent sales rate for Geared Online auction

Gooding hits 97 percent sales rate for Geared Online auction

Overall results reach $16.2 million, led by a pair of special Ferraris

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Gooding & Company scored a 97 percent sell through for its Geared Online auction held May 2-7, reaching $16.2 million from 84 of the 87 lots sold, with five cars selling above $1 million.  The auction also sold 100 percent of its automobilia lots.

Leading the Gooding sale was an alloy-bodied 1967 Ferrari 275 GTB/4 coupe that achieved a price of $3,586,000 (all results include auction fees).  Following that was another Ferrari, this one an unusual garage find: a 1955 250 Europa GT in as-found condition that sold for $2,222,000. 

A 1957 BMW 507 Series II sold for a strong $2.2 million, and a 1961 Mercedes-Benz 300 SL roadster hit $1,232,000.

gooding
A child-size Jaguar D-Type topped automobilia sales

Other notable Gooding sales include a 1968 Meyers Manx dune buggy, which reached $59,400, and a 1966 Jaguar E-Type coupe that went for a stout $235,000.

Among the selection of automobilia items, a Jaguar D-Type child’s car rang the bell at $25,625.

Gooding’s five top-selling cars, which each went for more than $1 million, were:

1. 1967 Ferrari 275 GTB/4 alloy, sold for $3,586,000

2. 1955 Ferrari 250 Europa GT, sold for $2,222,000

3. 1957 BMW 507 Series II, sold for $2.2 million

4. 1961 Mercedes-Benz 300 SL roadster, sold for $1,232,000

5.  2015 Porsche 918 Spyder, sold for $1,144,000

(All results include auction fees)

Gooding’s next Geared Online sale takes place Junee 11 through June 18.  The 17th annual Pebble Beach auction, a live onsite event, will be held by Gooding on August 13 and 14 in Pebble Beach, California.

For more information, visit Gooding’s website.

Bob Golfen
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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