Gooding & Company is recognized the world over as the leading automotive auction house specializing in the finest antique, classic, sports, and racing cars. Built upon the pillars of presenting top-echelon consignments and operating with integrity and openness, Gooding & Company appreciates the privilege of presenting distinguished vehicles from prestigious collections, along with family heirlooms and exciting recent discoveries.
In 2016, Gooding & Company’s year-end auction sales totaled more than $233 million. The company posted a strong 85% sell-through rate for 281 lots sold, with an average price per lot of $829,050. The 2016 year-end total is the highest ever for the auction house, whose events have become a destination for enthusiasts from around the world. We hold sales annually in Scottsdale, Arizona; Amelia Island, Florida; and Pebble Beach, California, where Gooding & Company is the official auction house of the Pebble Beach Concours d’Elegance®.
Now in its second decade, Gooding & Company continues to set the pace in automotive auctions. At our Amelia Island Auction in March 2016, selections from the esteemed collection of Jerry Seinfeld realized sales totaling more than $22 million. Another highlight was a jaw-dropping 1961 Ferrari 250 GT SWB California Spider, one of only 37 covered-headlight examples. This gorgeous vehicle, which had been featured in the Oscar-winning film Yesterday, Today, Tomorrow, had just three owners from new and resided in Italy its entire life. After several rounds of suspenseful bidding, the California Spider was sold for $17,160,000, the most expensive lot sold at Amelia Island in 2016.
Rarity can be a factor in a car’s story, and so can the level of devotion shown by its caretakers. At the 2015 Pebble Beach Auctions, Gooding & Company proudly presented a 1964 Shelby 289 Cobra that had been under the stewardship of just one owner for the previous 47 years. After serving as a daily driver, the car had moved on to a life of weekend outings and showings at local events. Having benefited from consistent care by a dedicated enthusiast, the Cobra sold for $902,000.
At this year’s Pebble Beach Auctions, Gooding & Company broke numerous world records across multiple marques. These included the sensational 1959 Ferrari 250 GT LWB California Spider Competizione sold for $18,150,000 – a new record for a Ferrari LWB California Spider and a new company record for a single lot sold at auction. Scott Reyburn, New York Times, stated “Gooding & Company has made a specialty of selling the classic, road-friendly Ferrari 250 GT convertible.”
In addition to conducting auctions, our team of experts offers a wide range of services, including private and estate sales, appraisals, and collection management. One such private sale was of a 1936 Bugatti Type 57SC Atlantic, which realized more than $31 million, a record at the time. “The owners entrusted us to sell it, and we worked carefully to offer it to the people who would be interested,” says David Gooding, the company’s founder and president. “It’s not just the price that made us happy, but the fact that we found a new home for this car, and buyers and sellers were happy. Now the car is on display at the Petersen Museum in Los Angeles, where people have the chance to appreciate that it’s just a magnificent piece of art.”
Gooding & Company enjoys building relationships with customers, and our car specialists maintain a carefully cultivated network of contacts. Our Marketing Department delivers original content and promotion of the cars through a variety of online, digital and print platforms. Our high-quality catalogue production, advertising campaigns, and social media presence attracts a global audience of passionate buyers.
David Gooding says that when he started the business he wanted to present cars “carefully, authentically and with distinction,” and the results are shown not only in record prices but in a level of trust and respect unmatched in the industry. Gooding & Company has been selected to present cars from prestigious collections, including those of Otis Chandler, the Drendel Family, Greg Garrison, the Phil Hill Family, Tony Shooshani, Richard Solove, and Dr. Peter and Susan Williamson.
The response from buyers and sellers has been gratifying, David Gooding says, and the business model has dovetailed perfectly with his passion. “What I love is discovering the special cars, whether it’s a $50,000 car or a $15 million car, and really accentuating the characteristics of the car and presenting them to our clients,” he says. “This is what we do. It’s what we know and what we love doing.”